A Solana bridge called Wormhole has been exploited for as much as $320 million according to reports emerging on Feb. 3. The team posted a notice that the bridge had been hacked losing 120,000 wrapped ...
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Wormhole token bridge loses $321M in largest hack so far in 2022
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. Wormhole is a token bridge that allows users to send and ...
Paradigm Offering ‘Futures Spread Orderbooks’ on Deribit and Bybit
A futures spread trade is an arbitrage technique where a trader takes two positions on a commodity to capitalize on a discrepancy in price. So a trader buys one futures contract and sells another with...
What Does This Mean for Cardano?
Vladislav Sopov Cardano (ADA), the largest proof-of-stake network, implements an array of updates to advance its performance and developer experience Input Output Global, the development studio behind...
Public backlash forces “Worms” game NFT to be canceled
The non-fungible token (NFT) space might be the darling of many crypto enthusiasts but it appears that some remain unconvinced about the space. This was what Team 17, a video game publisher, found out...
Solana Labs Riptide Hackathon to Dole Out $5M in Prizes, Seed Funding
In brief Riptide is Solana Labs’ 5th global hackathon. With the hackathon, Solana is looking to onboard new developers into its ecosystem. Surf’s up! Just in time for the return of the blockchai...
Gary Vaynerchuk Tackles Myths About TikTok, Talent And NFTs
When Gary Vaynerchuk sees an opportunity to build something, he goes all-in. In 1996, that meant helping his dad’s liquor store in Springfield, NJ by creating an e-commerce site called Wine Library. A...
‘Philly is ready’ for CityCoins says city council
Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly Love. Philadelphia Mayor Jim Ken...
The Walking Dead NFTs Spring to Life Amid AMC TV Series’ Final Season
In brief AMC will launch The Walking Dead NFTs via startup Orange Comet. The Walking Dead franchise previously launched NFTs for The Sandbox, an upcoming metaverse game. The popular The Walking Dead f...
India Will Never Accept Cryptocurrency As Legal Tender, Says Finance Secretary
India’s Finance Secretary T.V. Somanathan warned on Wednesday that private digital money will never be recognized as legal tender in the country. Only the Reserve Bank of India’s digital currency is r...
Cardano (ADA) Price Analysis: Bulls Remain Pressured Around $1.20
Cardano’s (ADA) price shows signs of consolidation but the outlook remains negative for the ADA. Cardano finds strong support around $1.03, a historical support level. At the press time, ADA/USD is tr...
Grayscale and Bloomberg Launch First Equity ETF
The world’s largest digital asset manager, Grayscale Investments, announced today the launch of its first ETF. Dubbed Grayscale Future of Finance ETF, it will be the first equity ETF to track the perf...
Esports Org 100 Thieves Releases Free NFT On Polygon
Esports organization 100 Thieves is known to be on the cutting edge of culture, often described as the “hoodie org” by esports loyalists who have competitive gaming at the forefront. However, 100 Thie...
LTC Price Analysis: Hidden RSI Divergence Foretells Recovery For Litecoin Holders
The LTC/USDT technical chart indicates an overall bearish trend. The coin price has recently plunged to the July 2021 low of $105, indicating a 64% loss from the previous swing high of $297. However, ...
UK tax agency cracks down on rules around DeFi lending and staking
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has released a controversial set of guidance that could affect innovation in Decentralized Finance (DeFi). The updated re...
Polygon’s OpenSea Active Users Surge by 23% Amid Global Brands’ NFT Launch
As reported by Polygon analysts, Polygon’s OpenSea active users spiked 23% amid recent global brands’ NFT drop. In January, Italian luxury fashion house Prada and sportswear giant Adidas a...
Web 3.0 And Planning For Art NFT Collectors
Web 3.0 written newspaper close up shot to the text. getty Web 3.0 promises to have a profound impact on the way everyone does everything as everything becomes tokenized. The first harbinger of this r...
After Days of Consolidation, Is SHIB Breakout Incoming?
After some hard days, SHIB is starting to give clear bullish signals that may emerge in the renewal of a possible price rally. Key Support level: $0.000018 Key Resistance level: $0.000023 While SHIB c...
Solana, VeChain, EOS Price Analysis: 02 February
As the bulls endeavored to counter the long-term bearish tendencies in the market, Solana saw overbought readings on its 4-hour RSI and Bollinger Bands. This would likely propel a near-term setback. F...
Ascent Award Recognizes KuCoin As Best App of 2022 For Enthusiasts
The Ascent Award has recognized KuCoin as the best cryptocurrency application for enthusiasts in 2022, praising the cryptocurrency exchange for low commissions, high-security measures, transparency, a...
Youtuber and alleged thief publicly refuses to return investors’ funds after $750k rug pull
On Wednesday, American Youtuber and “internet detective” Coffeezillaa published a recorded interview of himself and disgraced Youtuber Paul “Ice Poseidon” Denino. During the se...
The new SEC rules could threaten DeFi- The Cryptonomist
New rules recently proposed by the SEC to oversee government securities trading systems could allow the agency to also oversee crypto exchanges and digital asset exchange platforms, such as those from...
A breakout over this level is important for Dogecoin to show any recovery
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Dogecoin (DOGE) oscillated between $0.3261 and $0.1685-mark for ov...
Kyoko Raises $3M in Private Funding Round Led by Animoca Brands
Advertisement     Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market is pleased to announce it has raised $3 million in its private ...
Algorand Price Analysis: Can ALGO Buyers Reclaim the $1 Mark?
The Algorand (ALGO) price hovering above the $0.81 support indicates the sellers might have been exhausted from their previous bear attack. Furthermore, a bullish breakout from the immediate resistanc...
Battle for authenticity heats up in world’s most popular NFT collection
In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens (NFT) collections,...
Wormhole Bridge Attacked for $322M
Key Takeaways The blockchain bridge protocol Wormhole has experienced an attack resulting in the theft of at least 120,000 ETH. That amount is worth $322 million; earlier estimates placed the value of...