Gabriel Cross

Blue Safari Group SPAC has once again delayed its merge with the Bitcoin mining company, Bitdeer. SPACs, or special purpose acquisition companies, are created with the purpose of raising capital and taking other companies public through a merger or acquisition. Valued at $4 billion, Bitdeer was already supposed to go public following the merger with […]

Binance seems determined to become the hero of the crypto industry. In an independent investigation, the world’s largest crypto exchange in terms of trading volume has identified two suspects who are allegedly responsible for the KyberSwap attack. Last week, KyberSwap suffered a front-end exploit, losing $265,000 to the attackers. The decentralized exchange then unsuccessfully offered […]

Allegedly, hacktivists from the Belarusian Cyber Partisans group have obtained passport data on all citizens of Belarus. They are now planning to sell NFTs containing passport information of the Belarusian president, Alexander Lukashenko, as well as his closest associates. Lukashenko, who has been helming Belarus since the country’s inception in 1994, is being called a […]

The Federal Bureau of Investigation has issued a warning to the public, outlying the potential dangers of using decentralized finance (DeFi) platforms. FBI cites the report made by blockchain analysis company, Chainalysis, claiming that $1.3 billion worth of crypto was stolen between January and March 2022. And 97% of that sum was taken from DeFi […]

Despite the adverse conditions in the crypto market, Symbolic Capital has announced a $50 million fund for supporting early-stage Web3 projects. Symbolic Capital is a relatively new company founded in May 2022 and headed by industry veterans – the Polygon founder, Sandeep Nailwal, and Cere Network’s founder, Kenzi Wang. According to the company’s announcement, this […]

Another day, another crypto hack. This time, a bug in the aUSD stablecoin’s liquidity pool was exploited, as hackers minted 1.28 billion aUSD coins. aUSD is a stablecoin introduced by the DeFi platform Acala, which operates on Polkadot. Following the exploit, Acala quickly fixed the bug and identified the wallets which received the aUSD minted […]

Trouble at Everyrealm, the successful metaverse startup. Its CEO, Janine Yorio, as well as several other employees, have been sued by two former employees for harassment. Teyo Johnson, the former Strategic Partnerships Director at the company and a retired Afroamerican NFL player, claims that Yorio has harassed him on a racial basis. And the former […]

The luxury goods purveyor, Tiffany & Co., has announced that it will be launching an NFT collection named NFTiff. The collection consists of 250 NFTs, each priced at 30 Ethereum (little over $50,000, according to CoinMarketCap). It will be available starting on August 5. The NFTiff pieces are aimed at owners of CryptoPunks. They will […]

As part of a continuation of the global trend of cryptocurrency adoption, employees of the baseball team New York Yankees are now able to receive a piece of their salaries into Bitcoin. The owners of the team have entered a partnership with the company NYDIG in order to make this possible. The service that NYDIG […]

According to CryptoSlam, the P2E game Axie Infinity saw a 205% increase in NFT sales over the past week, making a total of $1.3 million. This comes after Axie Infinity introduced the support for staking on July 4. This feature enables Axie Infinity Land NFT buyers to earn a passive profit in Axie’s native AXS […]