Cryptocurrency

According to a tweet from Blockchain Harmony, the hack of its Horizon bridge, which enables users to transfer currencies between various blockchains, happened on Thursday morning. One further significant weakness in the ecosystem of digital assets was revealed when hackers stole nearly $100 million from a so-called bitcoin bridge. Blockchain harmony assured that it has
0 Comments
As the Chinese government continues to celebrate the decline of the cryptocurrency market, a top Chinese blockchain expert has called crypto a Ponzi scheme. The CEO of Red Date Technology, one of the leading tech firms in developing China’s major blockchain project, Yifan He, recently wrote an article where he explained the Ponzi-like nature of
0 Comments
According to research released by Bank of America (BAC) on Tuesday, following its Web3 & Digital Assets Day Conference last week, investor interest in the industry has not been affected by worries of a so-called “crypto winter.” According to the report, discussions with some of the 160 clients who attended the event made it evident
0 Comments
The popular blockchain gaming company, The Sandbox, has joined forces with TIMEpieces, the NFT arm of TIME Magazine. According to the announcement, the partnership’s goal is to reimagine Times Square, the iconic New York City landmark, as a virtual hub for commerce and art in the Metaverse. To consolidate this collaboration, TIME acquired land in
0 Comments
Elon Musk, billionaire and CEO of Tesla and SpaceX and new owner of Twitter, stated that integrating digital payments into Twitter “makes sense.” Musk recently reached an agreement to buy Twitter for $44 billion. Despite considerable public skepticism about the deal’s completion, it appears to be on schedule, and Musk’s attendance at Thursday’s conference indicates
0 Comments
Babel Finance, a Hong Kong-based asset management firm and cryptocurrency lender, is the latest cryptocurrency lending provider to be hit hard by the current market. Babel Finance said on Friday that redemptions and withdrawals from its products would be temporarily halted due to “unusual liquidity challenges.” According to a note on Babel Finance’s website, “Recently,
0 Comments
 Axie Infinity is a decentralized game and digital collectibles platform built on the Ethereum Blockchain. It allows players to breed, buy, sell, and train Axie creatures. The game revolves around trading and collecting digital creatures called Axies. Each creature has unique attributes such as size, color, markings, and more. These attributes are called “traits,” They
0 Comments