After a surge in personal identity thefts and digital financial crimes, Chinese police are more closely scrutinizing the Web3 sector. During a press conference hosted by China’s Ministry of Public Security on Aug. 10, Jinfeng […]
A July report from cybersecurity certification platform CER found that only six of 45, or 13.3%, of cryptocurrency wallet brands have undergone penetration testing to find security vulnerabilities. Of these, only half have performed tests […]
USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 […]
American financial technology company PayPal launched a new stablecoin called PayPal USD (PYUSD) on Aug. 7. The U.S. dollar-pegged stablecoin will be issued by Paxos Trust Co. and fully backed by U.S. dollar deposits, short-term Treasurys and […]
Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John […]
Three main elements in the Hooked ecosystem are gamified learning, a mechanism for incentives and an integrated infrastructure of businesses. Hooked Protocol follows a three-pronged approach to incentivize Web3 adoption: Gamified learning Hooked Protocol has […]
A blockchain security firm tried to warn users of an imminent rug pull surrounding a crypto project, but investors became angry and fired back. The firm rescinded the security alert. Then, the project it accused […]
Amid growing uncertainty among decentralized finance (DeFi) protocols around exposure to Curve, Aave Chan founder Marc Zeller has proposed the Aave treasury buy $2 million worth of Curve DAO Token (CRV) from Curve founder Michael […]
The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to onboard new developers, with […]
FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for the exchange to become operational as an offshore entity. Dockets filed on […]
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