Author: Mehar Nayar
Duelbits Crypto Casino Faces $4.6 Million Security Breach: Cyvers Detects Suspicious Transactions
In a recent turn of events, blockchain security firm Cyvers has uncovered a major security breach involving the crypto casino site Duelbits. Suspicious transactions totaling $4.6 million have been flagged,…
Telefonica and Chainlink Forge Alliance to Bolster Blockchain Security
In a move to enhance security measures within the realm of blockchain, Spanish telecommunications giant Telefonica has announced a strategic partnership with web3 solution provider Chainlink Labs. The collaboration aims…
Klaytn and Finschia Merger Sets Stage for Asia’s Pioneering Web3 Ecosystem
In a groundbreaking move, Layer-1 blockchains Klaytn and Finschia have received official approval for their proposed merger, marking a pivotal moment in the development of Asia’s Web3 landscape. With both…
Moonwell Breaks Boundaries: ‘USDC Anywhere’ Unleashes Cross-Chain Lending Across Ethereum Networks
In a pioneering move within the decentralized finance (DeFi) space, Moonwell, a decentralized lending and borrowing protocol, has introduced a groundbreaking tool named ‘USDC Anywhere.’ This innovation allows individuals to…
Trader Joe Introduces SHOE Token: An Innovative Step in Decentralized Finance
In a groundbreaking move, decentralized exchange Trader Joe has unveiled an experimental token named SHOE, built upon the DN-404 standard. This standard, akin to ERC-404, seamlessly blends the advantages of…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Binance Expands Horizon: 24 New Dapps Enrich User Experience on Web3 Wallet
In a significant stride towards enhancing its digital asset services, Binance Web3 Wallet has recently integrated 24 new decentralized applications (Dapps). This strategic move is geared towards providing users with…
Starknet Unveils Ambitious 700 Million STRK Token Airdrop for 1.3 Million Users
In a significant move, the Starknet Foundation has officially declared a forthcoming airdrop set for February 20, 2024. This strategic initiative aims to distribute a substantial sum of 700 million…
Unlocking Financial Innovations: Citibank Explores Tokenizing Private Equity Funds on Avalanche Blockchain
In a pioneering move, Citibank has initiated a strategic exploration into the realm of tokenization, utilizing Avalanche’s Spruce Subnet to delve into the tokenization of private equity funds. This groundbreaking…
CoW DAO Introduces AMM Exchange to Safeguard Liquidity Providers
In a significant development, CoW DAO has unveiled an automated market maker (AMM) with a unique focus on protecting liquidity providers from the challenges associated with maximal extractable value (MEV)….
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Com2uS and Oasys Forge Alliance for Web3 Gaming Expansion in Japan
In a strategic move aimed at fortifying its foothold in the Japanese gaming market, South Korean game publisher Com2uS has announced a collaborative partnership with Oasys blockchain project. This initiative…
Fortifying Zcash Privacy: Nym Secures $150,000 Grant for Innovative Mixnet Integration
In a groundbreaking move, privacy-focused initiative Nym is set to elevate privacy standards on the Zcash network through a collaboration with Electric Coin Company. This strategic partnership aims to address…
Analog Raises $16 Million in Funding Led by Tribe Capital, Achieves $120 Million Valuation for its Blockchain Interoperability Mission
In a significant stride towards revolutionizing blockchain interoperability, Analog, the blockchain interoperability project, has successfully secured $16 million in funding. The funding round, spearheaded by Tribe Capital, leveraged a simple…
Deutsche Telekom and Fetch.ai Foundation: Pioneering AI Advancements in Web3
Deutsche Telekom, a global telecommunications giant, has embarked on a groundbreaking collaboration with the Fetch.ai Foundation to propel the development of artificial intelligence (AI) technologies within the Web3 industry. This…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Philippine Central Bank’s Bold Move: CBDC Implementation Without Blockchain Technology
The Bangko Sentral ng Pilipinas (BSP) is breaking new ground in the realm of central bank digital currencies (CBDCs), unveiling plans to introduce a distinctive non-blockchain CBDC model. In a…
Resurgence in Ethereum Staking: Validator Queue Hits Highest Levels Since October
The Ethereum network is currently experiencing a significant surge in interest from validators looking to stake their Ethereum (ETH). According to ValidatorQueue data, the validator entry queue has reached its…
PlayDapp Confronts Major Security Breach: $32 Million PLA Token Exploited
In a recent incident, PlayDapp, a web3 gaming platform, fell victim to a substantial security breach that led to the unauthorized creation of 200 million PLA tokens, equivalent to $32…
Ethereum NFT Market Surges: Weekly Trading Volume Reaches $158 Million
In a notable development, Ethereum’s non-fungible token (NFT) market has experienced a remarkable resurgence, achieving the highest weekly trading volume since February 2023. Recent data from CryptoSlam reveals a substantial…