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As per recent reports, the attackers stole nearly $2.45 billion in DeFi. Cybercriminals stole $1.3 billion in cryptocurrencies between January and March 2022. Following the DeFi attack warning from the U.S Federal Bureau of Investigation (FBI), the latest data reveals that, since the beginning of decentralized finance (DeFi), approximately $2.45
Whales are unloading their ETH reserves because of the anticipated deflationary trend. The expiration of $2 billion in options on September 30 is also a big concern. The EIP-1559 burning mechanism will cause a deflationary trend in the price of Ethereum (ETH) following the Merge. However, ETH continues to fall
The 2022 MTV VMAs had a performance from hip-hop sensations in the metaverse. The combo is collaborating after over 12 years and is very huge in the field. The trend of getting absorbed into the metaverse is reaching its peak among celebrities in the music and arts industry. As announced
Risk Harbor and Astroport (ASTRO), dropped by more than 93% and 99%. Over $31 billion has been lost in these protocols since then. Investors’ worst fears had come true with LUNA’s demise, as the whole cryptocurrency ecosystem took a severe hit. While the LUNA tragedy had received the most attention,
As per Crypto Leaks, Ava Labs paid Roche Freedman to target its rivals. Ava Labs CEO describes the allegation as”conspiracy theory nonsense.” Ava Labs CEO and co-founder, Emin Gün Sirer rejects the recent conspiracy allegations. Through the latest Twitter post, Sirer rejects the remarks in the recent blog post made
Burning newly-issued money made its way through the community. LUNC validators, had approved a proposal to update Terra to version 0.5.22. Upon the network’s demise, Terra underwent a radical metamorphosis. There are currently two networks available, Terra 2.0 (LUNA) and Terra Classic (LUNC). However, many crypto enthusiasts believe the coin
The long-awaited Ethereum merging, scheduled for around September 15. Ethereum makes the switch to the proof-of-stake consensus process. The Ethereum Merge and Cardano’s Vasil hard fork are both approaching quickly. Cardano is an open-source, peer-reviewed blockchain platform designed to address global identity management issues by using smart contracts and NFTs.
The Smart Contracts have given rise to NFTs and DeFi , Cuban stated. Mark Cuban has stated that he is a big fan of the Ethereum Merge. American billionaire and entrepreneur Mark Cuban has long been outspoken on topics relating to cryptocurrencies, and he has described himself as a supporter
What is an NFT Community? NFT communities often provide a sense of digital identity and belonging. These online groups aim to draw like-minded individuals from around the world to back a single project. What unites the community is a shared goal or particular set of values. From the outset, the
The NFT age, which aims to compete with and against the traditional art sector, is just starting. However, the younger generation is leading the charge by democratizing this new method of purchasing video games and artwork. For example, nearly half (49%) of young adults between 18 and 24 are open
