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Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn
4.8.2022
Virtual real estate is seeing a crash of its own as prices of land in various metaverses, as well as sales volumes, have plunged to the lowest levels in months - amid a broader crypto downturn that has seen around USD 2trn wiped from the crypto market capitalization.
According to a dashboard...
ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million
4.8.2022
The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently detailed that July saw the largest monthly rise in revenue scoring 5,400 ether worth roughly $2.48 million during...
Winnipeg police get provincial funding to beef blockchain forensics unit
4.8.2022
The Winnipeg police service received money from the Criminal Property Forfeiture Fund to provide training through the Cryptocurrency Tracing Certified Examiner course
Riot Blockchain's Bitcoin mining productivity dropped 28% YOY amid record Texas heat
3.8.2022
"The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les
Here’s How Web3 Can Wipe Out Issues the Ticketing Industry Has Faced for Decades
3.8.2022
Josh Katz is the chief executive officer (CEO) and founder of Web3 ticketing platform YellowHeart.__________
Web3 first began as a vision of a decentralized internet that allows people to fully own digital items. Sounds simple enough, which is why so many different industries have jumped at...
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply
3.8.2022
Lower energy consumption helped the miner generate $9.5 million in power credits
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
3.8.2022
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root...
Despite Crypto Downturn, Developers Continue Contributing to Web3 Communities
3.8.2022
Blockchain developers have maintained their contributions to Web3 communities despite the latest market downturn, with Ethereum (ETH) leading the way as the strongest and largest community, according to a recent report by VC investment firm Telstra Ventures.
Per the report, blockchains developers’...
DFK Chain Now Supports ETH, Plans to Add ETH Pairs Soon
3.8.2022
DeFi Kingdoms published a blog post to announce its support for ETH on the network in partnership with Synapse. DFK Chain is now planning to add a few ETH pairs along with the JEWEL-USDC pair on the network. The JEWEL-USDC pair will enable the users to access more accurate pricing of JEWEL on...
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry
3.8.2022
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading...
SOL Drops as Thousands of Wallets Attacked on Solana
3.8.2022
SOL, the native token of the Solana network, dropped following reports that thousands of wallets have been drained in apparently still ongoing attack.
Per blockchain auditor OtterSec, over 5,000 Solana wallets have been drained in the past few hours....
Read More: SOL Drops as Thousands of Wallets...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
2.8.2022
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer...
Polkadot 'cup and handle' setup sees DOT price 50% higher by September
2.8.2022
DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool
Blockchain.com wins registration next to parent firm on the Cayman Islands
2.8.2022
Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and cities like Dubai
Stellar Development Foundation (SDF) Releases Soroban Preview
2.8.2022
The Stellar Development Foundation recently released the preview for its upcoming smart contracts platform, Soroban. The platform will help developers to experiment with what the venture has developed. The SDF engineers were almost ready to share the preview back in June. However, they were unable...
Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'
2.8.2022
Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages. ...
Read More: Nomad DeFi Bridge Drained of At Least USD 150M...
‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism
2.8.2022
Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,”...
Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs
1.8.2022
The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to sell 250 non-fungible token passes called “Nftiff.” Essentially, Cryptopunk holders will be able to acquire one of the 250 Nftiffs for 30 ether or roughly $50K using today’s ethereum...
CBOE's operating expenses spiked 312% due to underperformance of acquired crypto firm
1.8.2022
A goodwill impairment from ErisX significantly hurt the company's GAAP earnings, but otherwise, business results improved from last year
Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC
1.8.2022
The firm, whose data centers are located in the United States, generated $40 million in sales last year