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The Fantom Foundation is dealing with the fallout of a security breach that affected its blockchain infrastructure. The operation of the organization was disrupted because hackers used a zero-day flaw in Google Chrome. This is just one of several security incidents this month that has shaken confidence in the blockchain
A new cooperation between Web3Auth, the top wallet-as-a-service (WaaS) infrastructure provider, and blockchain for data, Flare, has been revealed. This will make it easier for users to access Web3 applications and services using their email and social media login credentials. The dependency on seed phrases for establishing or using a
Bone ShibaSwap (BONE), has hit an ATH on the Shibarium layer-2 scaling solution, signaling the cryptocurrency’s promising future. Shibarium’s validator tracker shows that the number of staked BONE tokens has reached 26,020,173.6431. This remarkable staking number was fueled by the increasing number of validators that have signed up for the
Shuji Utsumi, Sega’s Co-COO, recently expressed optimism in blockchain gaming and the potential role NFTs may play in the future of video games, despite having told Bloomberg a few months before that he finds play-to-earn games to be “boring.” Utsumi made the remarks in an interview that was first published
Self-custodial wallet MetaMask seems to have been removed from the Apple App Store and reinstated shortly after. The app could not be downloaded directly from anywhere, including the MetaMask download website for a brief while. No one has provided a reason why the cryptocurrency wallet was taken down from the
Flare, a data-focused blockchain, has said that it would burn 2.1 billion FLR tokens to promote ecosystem health. A permanent removal of more than 2% of FLR’s whole supply would prevent the dilution of community token holdings and boost the incentives for new users to join the network. Early supporters of Flare
It’s often stated that Web3 technologies such as blockchain, cryptocurrency, NFTs, and smart contracts will revolutionize just about every industry on the planet, but for all of the belief, there is little sign that this will happen soon. One of the major obstacles in the path of glory for Web3
Building the world’s largest Decentralized Physical Infrastructure Network (DePIN) for AI is what Decentralized cloud service io.net has declared as its ultimate objective. Io.net seeks to address the lack of GPUs for AI processing by obtaining one million GPUs from independent suppliers of computing resources. In the process, it will create the first
With the growth of Amazon Web Services’ startup accelerator programs, the Web3 gaming platform Immutable has teamed with AWS to increase its choices for game makers. In a blog post published on October 10th, Immutable announced that Amazon Web Services (AWS) has accepted the company into its ISV (independent software
Today, Flare, a blockchain for data, revealed that Subsquid, a worldwide network that offers free, quick, and decentralized data access to developers and the apps they create, has incorporated Flare. Developers using the Subsquid network may now access historical data on the Flare blockchain thanks to the integration. With an
