Aave has announced the launch of their native stablecoin, GHO, on the Ethereum Goerli testnet. Stablecoin, whose name is pronounced “GO,” is completely decentralized and entirely collateralized. The Aave Protocol’s system of minting via collateral guarantees that the oracle price of GHO will be pegged to the dollar at all
February 9, 2023 2 mins read
Three of Rihanna’s hits, including “B*TCH Better Have My Money,” have been certified platinum, and this will add another building brick to the music NFT platform. BBHMM is being released as an NFT by the song’s co-producer, Deputy, who will share a portion of the streaming income with fans. Rihanna’s
February 9, 2023 2 mins read
Following the demise of rival cryptocurrency exchange FTX, there have been demands for more openness, and a comprehensive audit of Binance is still outstanding. Binance’s Asia-Pacific president Leon Foong said on Wednesday that the exchange’s complete audit of its cryptocurrency holdings and liabilities would take longer than first anticipated. When
February 8, 2023 1 min read
The freemium model file-sharing platform WeTransfer is taking a step towards Web3. By forming cooperation with Minima to enable the creation and transmission of NFTs from mobile devices. WeTransfer’s Chief Creative Officer Damian Bradfield said that the company decided to cooperate with Minima because their goals and those of their
February 7, 2023 1 min read
On Sunday, a 1/1 NFT card of Giannis Antetokounmpo sold for $187,000 in Ethereum, setting a new record for the most ever paid for a Sorare NBA card. For such a young platform, this month’s sales were particularly impressive. The one-of-a-kind Antetokounmpo NFT sold at auction over the weekend on
February 7, 2023 1 min read
According to a report by the Russian business news outlet RBC, Director of Innovation at Alfa-Bank Denis Dodon announced the introduction of a platform called “A-Token” that would enable the issuing of digital financial assets (DFAs). The bank was permitted to do so after the Bank of Russia declared on
February 6, 2023 1 min read
On Thursday, the fundamental contract of Orion Protocol, a liquidity aggregator for CeFi and DeFi exchanges, was compromised in both its Ethereum and Binance Smart Chains (BSC) deployments. More than 1,700 Ethereum, or more than $3 million, were stolen by the hacker. On Thursday the breach was feasible due to
February 4, 2023 2 mins read
The South Korean tech giant Samsung has announced its intention to compete in the growing metaverse and VR (virtual reality) headset markets. The firm has hinted at the development of a virtual reality headset by announcing the development of “extended reality” gear. A similar gadget is under development, according to
February 4, 2023 1 min read
In a new class action lawsuit, Logan Paul and the NFT project CryptoZoo are accused of rug pull. In September 2021, the NFT-based game CryptoZoo was announced. With the promise of “an autonomous ecosystem” that would allow virtual ZooKeepers to purchase, sell, and trade exotic animals on the blockchain, hatching
February 3, 2023 1 min read
The market has reached a point of no return. A new report on non-farm payrolls in the United States is now available. The number of individuals working in the U.S.’s industrial, construction, and retail sectors. The government statistics show that in January, a staggering 517k new employment were created. The
February 3, 2023 1 min read
