Binance, Huobi team up to recover $2.5M from Harmony One hackers
Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 121 Bitcoin (BTC) from hackers behind...
NFT News
How to connect the Avalanche network to MetaMask?
One of the main properties advanced in blockchain technology is interoperability, the art of different blockchains communicating with one another....
App-specific blockchains remain a promising solution for scalability
App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain,...
Hodlnaut creditors reject the restructuring plan, prefer liquidation
The Singapore-based crypto lender Hodlnaut is looking at a possible liquidation as the firm’s creditors have rejected the proposed restructuring...
‘Deflation’ is a dumb way to approach tokenomics… and other sacred cows – Cointelegraph Magazine
Having taught and studied token economics at the University of Nicosia, I’ve found that students often have some decidedly muddled...
Multi-party computation could offer increased protection for crypto wallets
Multi-party computation (MPC) is a type of cryptographic protocol that allows multiple parties to jointly compute a function over their...
Sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis
While it has become harder to access the crypto mixer today, for better or worse, decentralization means it’s near impossible...
New York-based bank exits crypto after tumultuous year
The last year proved to be another turbulent year for the crypto industry. From a lasting market downturn and exploits...
OpenAI will lead to better art and narration in Web3 games — Immutable exec
The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre...
$3.9 billion lost in the cryptocurrency market in 2022: Report
Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that...
Magic Eden to Reimburse Users Tricked into Buying Counterfeit NFTs
Magic Eden revealed that it will refund all the users who mistakenly bought unverified NFTs that showed up on the...
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
Hong Kong authorities are looking for new designs for a central bank digital currency (CDBC), now proposing to issue a...
Magic Eden Blames Unsavory Pics on Third-Party Breach
Solana’s largest non-fungible token marketplace Magic Eden recently found itself in a bizarre situation after the platform displayed pornographic images...
DeFi Protocol Lido Reaches $5.9B in TVL Dethroning MakerDAO
Leading decentralized lending protocol MakerDAO has lost its dominance in the DeFi market as liquid staking protocol Lido Finance claimed...
Here’s How Crypto Traders are Converting Worthless NFTs into Tax Breaks
Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are...
$1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes
Cryptocurrency firms struggled greatly in 2022, with multiple companies facing financial issues and bankruptcy. In addition to these challenges, over...
Mango Markets $110M Exploiter Arrested, Faces Charges in New York
Cryptocurrency investor Avraham Eisenberg has been arrested in Puerto Rico on charges of commodities fraud and manipulation for allegedly stealing...
The FTX Contagion Goes on: Midas Investments Closes Down
The cryptocurrency platform Midas Investments disabled deposits and swaps due to severe financial losses caused by Celsius’ bankruptcy and FTX’s...
Manchester United Accused of Copying NFT Artist For Its Own Collection
On December 28, NFT artist Lucréce reported via Twitter that he is in talks with Arthur Breitman, co-founder of Tezos,...
Defrost Finance Recovers Stolen Funds, Will Repay Customers
Decentralized finance protocol Defrost Finance has recovered funds from the hacker involved in the V1 flash loan exploit. In the...
Defrost Finance Drained for $12M
DeFi criminals have been observed to cash in on the ‘spirit of giving.’ Decentralized finance protocol Defrost Finance became the...
Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
While many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing...
