The Chinese government released a statement on Nov. 10 declaring that anyone stealing digital collections, such as nonfungible tokens (NFTs), will be subject to theft sentences. It outlines three views on the type of crime […]
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This amendment signals a significant upgrade for XRPL. XRP Ledger (XRPL) is set to introduce additional […]
Decentralized finance (DeFi) platform Aave has taken a significant step to bolster security measures, initiating a crucial vote to disable stable borrows on all networks. This proactive move comes in response to a reported attack […]
Animoca Brands buys streaming platform for blockchain games Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum. Built around the slogan “streams […]
China to protect NFTs In a surprise move, the Chinese government has guaranteed legal protection for NFTs. In response to a series of often conflicting judicial opinions on the state of cryptocurrency in the country, […]
According to PeckShield Alert data, an unknown Miner Extractable Value (MEV) bot has fallen victim to a hack, causing a loss of approximately $2 million. The incident, which took place in the renowned curve pools, […]
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling sales and low volume raised doubts about the sustainability of NFTs. However, the market appears […]
Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry. But for Tillier — who holds dual citizenship between […]
Blockchain-based startups continue to gather funding during the current bear market, with MetaMask partner Blockaid raising $33 million in October. However, the overall funding in the crypto industry has dropped to levels last seen in […]
North America emerged as the dominant cryptocurrency market, boasting an estimated on-chain value of $1.2 trillion between July 2022 and June 2023. According to Chainalysis’ latest report, the figure accounts for 24.4% of the global […]
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