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0 CommentsThe Solana ecosystem suffered the multimillion-dollar hack, with users reporting that their funds have been drained silently from major internet-connected “hot” wallets, including Phantom, Slope, and TrustWallet. So far, at least 8,000 wallets have been affected, with about $8 million lost, but the source of the attack remains unknown. On August 3 night, an unknown…
High fashion brand Gucci said it will accept ApeCoin (APE) as payment at select US stores. The firm already accepts other top crypto coins and collaborates on NFT and metaverse game projects. Meanwhile, Tiffany & Co. announced the rollout of a handcrafted pendants collection modeled on CryptoPunks, another iconic NFT collection owned by Yuga Labs….
Blockchain gaming and metaverse projects seem to have been making over the bear market much better than the other market niches. Despite the crypto market crash, the GameFi sector has spiked by 9.51% in the second quarter of 2022. According to a new report from DappRadar, blockchain games have sidestepped the ensuing bear market and…
OasisX, a multichain curated NFT marketplace and creator studio, has set up its base in Dubai Multi Commodities Centre (DMCC) in the UAE and will be launched in the next few weeks. OasisX has already onboarded about 100 artists and multiple local brands in the MENA region. “We are building the tech foundation and frontier…
Vitalik Buterin, a co-founder of the world’s largest smart contract platform Ethereum, has criticized “existing corporate attempts to intentionally create the metaverse,” in a series of Sunday tweets primarily aimed at Mark Zuckerberg’s Meta Platforms. Facebook’s pivot towards the technology under the Meta Platforms rebranding is destined to “misfire” said Buterin, due to a lack…
Breaking crypto news from the last week (July 23 – 29, 2022): July 23: Moonbeam, a smart contract parachain on Polkadot, announced a partnership with Cosmos-based decentralized exchange Osmosis to enable cross-chain token swaps between the Polkadot and Cosmos ecosystems. July 25: Digital asset exchange Bitfinex and Tether, the project behind the troubled USDT stablecoin,…
