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Binance Smart Chain has paused its operations following the exploit which saw the attacker take off with some $100 million. In addition, according to blockchain security company SlowMist, there is more than $400 million worth of crypto that was frozen on the BNB Chain before the hacker was able to pocket the money. The cross-chain […]

Horizon, the development team behind the NFT game Skyweaver, announced that it has gathered $40 million in Series A funding. Among other companies, video-game publishing giants Ubisoft and Take-Two Interactive participated in the funding. Skyweaver is a competitive cards game, similar to the famous video-game Hearthstone, but with playing cards being in the form of […]

Another day, another crypto hack, but this one has a happy ending. Following the $23 million exploit of the DEX aggregator Transit Swap, the attacker has now returned 70% of that sum, with the rest expected to follow soon. According to the blockchain security company, PeckShield, the hacker took advantage of a bug in Transit’s […]

Blockchain software firm Veritaseum Capital has filed a lawsuit against one of the leading crypto exchanges, Coinbase. According to the lawsuit, the crypto exchange has illegally been using Veritaseum’s patented technology for secure crypto payment transfers. Some of Coinbase’s services relying on this tech include Coinbase Pay, Commerce APIs, and iOS and Android wallets. Due […]

Ethereum’s hard fork that functions with a proof-of-work consensus mechanism, ETHPoW, is now the subject of more bad news following its bumpy launch last week. Namely, the Ethereum mining fork was hit for 200 ETHW through a “bridge replay” exploit. According to the blockchain security company, BlockSec, the attackers moved 200 WETH by using the […]

Decentralized exchange GMX was hit in a price manipulation exploit, with the attacker taking off with some $565,000. GMX is a relatively young crypto exchange, having launched just late last year on Ethereum layer-2 solution Arbitrum. However, that’s more than enough time to become a victim of cybercrime in the crypto industry. GMX’s AVAX/USD market […]

Near Foundation and Caerus Ventures have announced a new $100 million venture capital fund dedicated to financing Web3 projects. Near Foundation is a Swiss non-profit organization that oversees the development of the dApp platform, Near Protocol. Caerus Ventures is a notable capital investment company. Together, they will be supporting developers and engineers working in Web3 […]

What was supposed to be the most expensive deal in the crypto industry has in the meantime transformed into something ugly. Last month, Galaxy Digital, a crypto investment firm, pulled out of its $1.2 billion acquisition of the crypto custodian BitGo. Now, BitGo is pressing charges against its would-be buyer. Galaxy Digital terminated the acquisition […]

1inch announced that it will airdrop free coins in its Merkle drop, in order to reward its Optimism users. 3,782 regular users of the 1inch DEX aggregator will equally receive 300,000 OP tokens in total. After 1inch was deployed on the Optimism layer-2 scaling solution last year, this resulted in faster transactions and increased activity. […]

In anticipation of the 2022 World Cup, happening in November, FIFA has announced a platform for selling World Cup-themed NFTs to soccer fans. Named FIFA+ Collect, the platform will offer NFTs featuring memorable moments in the tournament throughout soccer history. FIFA+ Collect runs on the Algorand blockchain. Algorand is a proof-of-stake blockchain and an official […]