Polkadot (DOT) has announced its intention to eventually phase out parachain auctions, which have been vital to the protocol’s success since its creation. Pierre Aubert, the new VP of Engineering at Parity Technologies (the firm behind the Polkadot protocol), has revealed that the company has plans to replace Parachain auctions
November 25, 2023 2 mins read
Richard Teng, Binance’s newly selected CEO, has recently provided briefings in which he discusses the exchange’s strategic actions and his own activities. His most recent post on twitter, however, provides insight into the exchange’s goals in the dynamic Web3. Notably, Teng defines Binance’s dedication to users and cooperation inside the
November 25, 2023 2 mins read
The Police Department of Mumbai, India said that on Thursday, the Mumbai International Airport (Chhatrapati Shivaji Maharaj International Airport) got a ‘threat’ message suggesting to blow up Terminal 2 of the airport. Furthermore, to prevent the explosion at Terminal 2, the sender of the email reportedly demanded $1 million in
November 24, 2023 1 min read
There has been a fresh wave of token transfers by defunct crypto exchange FTX. Lookonchain reports that the defunct exchange transacted almost $36 million worth of Polygon (MATIC) and Avalanche (AVAX) in the last 24 hours. In the past 24 hours, #FTX transferred a total of ~$36M assets to exchanges.
November 22, 2023 2 mins read
There has been a questionable transfer of $86 million from one of the HECO accounts to an unknown address. Cyvers Alerts, an on-chain security tool driven by AI, has announced that it has uncovered the mysterious transaction. HECO, created by Justin Sun, is a gateway that enables the exchange of
November 22, 2023 2 mins read
The GAM3 Awards 2023 final shortlist of games is now out! The largest web3 gaming event is back for a second year on December 14, 2023. Games compete for bragging rights and a prize pool over $2 million, setting the stage for 2024. This year, GAM3S.GG is reviving the “oscars
November 22, 2023 4 mins read
According to a report from Bloomberg citing persons involved with the talks on November 20th, the US Department of Justice (DOJ) seeks payment for more than $4 billion from Binance Holdings as part of a possible settlement of a years-long probe. Any decision to the inquiry into the corporation, and
November 20, 2023 1 min read
Cathie Wood’s Ark Invest has taken a surprising step by submitting a third amendment to its Bitcoin ETF application, which includes many key enhancements that have caught the curiosity of the financial industry. Eric Balchunas, an ETF specialist at Bloomberg, broke the news, calling it “a positive step forward” in
November 20, 2023 2 mins read
According to Santiment, Bitcoin’s price supremacy has returned—at least for the time being-and it has begun to surpass other cryptocurrencies. After a successful month, most altcoins are facing steep correction. Santiment also mentioned that Bitcoin’s NVT ratio had significantly improved. This statistic acts as a vital signal for traders. It’s
November 19, 2023 2 mins read
A suspected exit fraud has investors of the Yearn.Finance governance token YFI on edge. There was a decline of nearly $300 million in market capitalization, according to statistics from CoinMarketCap, as the price of YFI plummeted dramatically. The YFI token dropped from $15,570 to $8,654 within a short duration. The
November 19, 2023 2 mins read