Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 11
Forj, one of Animoca Brands’ ventures, has unveiled the community-centric Ape Accelerator and Launchpad with the nod of approval of ApeCoin DAO. Quick Takes: Forj and ApeCoin have joined forces to bolster the adoption and utility of the Bored Ape Yacht Club-themed token by integrating it into a series of active community-based initiatives. The company’s pioneering
By Leah Waters · October 17, 2023
FrenTechPro, a phishing scam operator is impersonating as a Friend.Tech tool to exploit several blockchains at once. It has been reported that the scammer has managed to steal around $214,000 in cryptocurrencies so far. Quick Take: FrenTechPro has drained hundreds of thousands of dollars across multiple blockchains by exploiting a vulnerability in cross-chain bridges. These
By Afroz Ahmad · October 16, 2023
Blending digital finance with luxury cars, the Italian automobile manufacturer Ferrari introduced crypto payments for American car buyers yesterday. Through this initiative, Ferrari presents dedication to meeting the diverse demands of its clients. Its American clientele and younger investors are said to have robust cryptocurrency portfolios. Traditional American investors, however, are now encouraged to enhance
By Leah Waters · October 15, 2023
The renowned World of Women (WoW) NFT has teamed up with WS Game Company for their special edition of Monopoly. Given that, Hasbro’s license is in support of this new edition, which goes by the name Monopoly: WoW Galaxy Edition. World of Women NFT Project The World of Women is set to release its upcoming
By Anvi Saini · October 13, 2023
The brutal fall of the Terra Ecosystem in 2022 was the highlight of the crypto market. It led to a complete wipeout of $40 billion of investment from the crypto space. As the market continues to bear the aftermath of this event, Terraform Labs has blamed Citadel Securities for its role in the depegging of
By Afroz Ahmad · October 13, 2023
In a recent development, a new Layer 2 network, Scroll zkEVM has gone live on its mainnet without any prior official announcement. The network promises to offer higher scalability and efficiency to applications running on Ethereum. Quick Take: The on-chain data suggests that the Ethereum Layer 2 network has inaugurated its zkEVM on the mainnet,
By Afroz Ahmad · October 12, 2023
The largest global cryptocurrency exchange, Binance has inaugurated its Self-Trade Prevention (STP) feature for spot and margin trading. The functionality will block the completion of a self-trade order. Quick Take: In a recent development, Binance is aiming to enhance its user tools for the ease of customers. The STP tool will assist users in avoiding
By Afroz Ahmad · October 12, 2023
Recently, at the Max conference in Los Angeles, Adobe spotlighted an intriguing collection of AI-based advancements. Among the releases was an AI framework crafted to enhance scalable graphics, which is helpful in creating adaptable designs and graphics. Additionally, Adobe unveiled another pioneering AI tool, ’Project Res-Up’, which can bolster the quality of low-resolution videos and
By Leah Waters · October 12, 2023
Google Cloud recently revealed a new artificial intelligence (AI) search tool designed to aid healthcare workers. This innovative tool promises to streamline access to vital clinical data scattered across diverse medical records. Also, it will ensure timely and accurate care for patients. Google’s Plan to Simplify Medical Data Retrieval The CEO of Google Cloud, Thomas
By Anvi Saini · October 11, 2023
In a recent development, Immutable has teamed up with Amazon Web Services (AWS) to bring new projects. Moreover, the initiative is focused primarily on enhancing gaming experiences through the use of Web3 technology. Immutable and AWS Alliance The renowned Web3 gaming platform Immutable has revealed its plan to partner with Amazon Gaming Services (AWS). The
By Anvi Saini · October 11, 2023
JPMorgan — a luminary in the international banking sector — has recently completed a revolutionary blockchain collateral settlement between two other financial titans: BlackRock and Barclays. Leveraging JPMorgan’s custom Ethereum-based blockchain ’Onyx’ and its ’Tokenized Collateral Network’ (TCN), BlackRock turned shares from one of its money market funds into digital tokens. Notably, BlackRock then passed these
By Leah Waters · October 11, 2023
Ethereum-based decentralized exchange AirSwap has recently announced the launch of its Non-Fungible Token (NFT) marketplace. This new marketplace will allow users to buy and sell NFTs in a secure and trustless environment. NFTs are unique digital assets that are stored on the blockchain. They are used to represent a variety of assets, including collectibles, artwork,
By Bitcolumnist AI · October 10, 2023
Toncoin (TON) has recently seen a major surge in value following an eight-figure investment from Mexican venture capital firm Mexc Ventures. The investment is the first of its kind in the blockchain space and has sparked renewed interest in TON. Toncoin is a decentralized, blockchain-based platform that provides secure, fast, and cost-effective transactions for users.
By Alex Borden · October 6, 2023
ConsenSys and MetaMask recently conducted an interview with Cointelegraph to discuss the security of the MetaMask wallet. MetaMask is a popular Ethereum-based browser extension that enables users to securely store and manage their digital assets. Security is of the utmost importance for any digital wallet. In the interview, the two companies discussed the different security
By Bitcolumnist AI · October 6, 2023
The Sui Foundation has announced a new initiative to support the development of the decentralized economy with the launch of its Ecosystem Fund. The fund, which is worth more than $50 million, aims to provide resources and support to projects that are building on the Ethereum platform and other decentralized networks. This includes projects related
By Alex Borden · October 5, 2023
Kraken, one of the world’s largest crypto exchanges, announced the acquisition of Dutch exchange BCM today. The two have been working together for the past few months, and the acquisition will solidify the partnership, allowing Kraken to expand its services into the Dutch market. Kraken CEO Jesse Powell said in a statement, “This acquisition is
By Bitcolumnist AI · October 5, 2023
Friend Tech, a blockchain-based gaming platform, has patched an exploit that allowed malicious actors to drain funds from the Stars Arena platform. The security breach was reported to Friend Tech on Tuesday. The attackers had taken advantage of a vulnerability in the platform’s smart contract code to steal an undisclosed amount of funds from the
By Bitcolumnist AI · October 5, 2023
OpenSea, a top NFT marketplace, has introduced its much-anticipated feature, the OpenSea Studio. The studio brings a toolset that will make it easier for creators to start and manage NFT projects. A Simple NFT offer of OpenSea OpenSea has launched its Studio, and its notable feature is that it will help creators and make it
By Anvi Saini · October 5, 2023
Starting tomorrow, OKX swings into yet another Web3 and sports initiative. This time around, it’s an immersive competition dubbed ’OKX Crypto Cricket Cup’, running for one whole month until November 5. In light of the International Cricket Council (ICC) World Cup hosted in India, the prominent crypto exchange invites all cricket lovers to explore Web3 by
By Leah Waters · October 4, 2023
Christian Louboutin, the prominent French fashion designer, is now entering the world of non-fungible tokens (NFTs). His brand is teaming up with Marvel to create a collection of unique, digital shoes inspired by some of the most iconic superheroes. Louboutin recently announced the collaboration with Marvel, saying that the two have “joined forces to create
By Aiden Mercer · October 4, 2023
XRP recently gained ground after the Monetary Authority of Singapore (MAS) granted the cryptocurrency a payment services license. The license allows Ripple, the company behind XRP, to offer cross-border payments and remittance services. The approval comes after a long and tumultuous journey, which began when the U.S. Securities and Exchange Commission (SEC) rejected Ripple’s application
By Alex Borden · October 4, 2023
On-chain investigation firm Chainalysis has recently announced a reduction in staff of 135 employees. The company reported that the decision to downsize was a necessary step to move forward with its business plan. Chainalysis is a blockchain analysis firm that offers data and insights to government, financial institutions and cryptocurrency exchanges. It is known for
By Aiden Mercer · October 3, 2023
Binance, a leading cryptocurrency exchange platform, has announced its partnership with the Royal Thai Police to seize 277 million from scammers. Binance is claiming this victory in alignment with their commitment to combat illicit activities. The exchange has actively been working with law enforcement agencies from around the world to identify and investigate any malicious
By Alex Borden · October 3, 2023
Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will be shutting down its BUSD (Binance USD) stablecoin lending program on October 25th. This news comes shortly after Binance announced that it had added BUSD to its list of trading pairs, and the move will undoubtedly have an impact on the cryptocurrency
By Aiden Mercer · October 3, 2023