Thu, February 13

Tron-based stUSDT Secures 1st Spot on DefiLlama’s RWA TVL Rankings

Through the decentralized platform JustLend, the TRON ecosystem recently welcomed its first Real World Asset (RWA) product: stUSDT. Justin Sun, creator of TRON and member of Huobi’s global advisory board, predicted that stUSDT will become the cryptocurrency equivalent of Alipay’s Yu’e Bao, a money market fund service provided by Alibaba.

July 12, 2023 2 mins read

ConsenSys Launches Linea Network To Boost Ethereum Scalability

ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses

July 12, 2023 1 min read

Recent Multichain Exploit Linked to Internal Rug Pull by Chainalysis

According to Chainalysis, a blockchain security and analytics company, the exploit of the cross-chain bridge technology Multichain that cost millions of dollars may have been an internal rug pull. The firm stated: “On July 6, 2023, cross-chain bridge protocol Multichain experienced unusually large, unauthorized withdrawals in what appears to be

July 11, 2023 1 min read

Huge Funds Outflow from Multichain Protocol Raises Questions

According to on-chain analyst Lookonchain, Fake_Phishing183873 got 5,434 ETH after swapping 10.2M $USDT received from Multichain through anyUSDT Token address. Additionally, yesterday Fake_Phishing183873 got 67.76 $WBTC ($2.05M) from Multichain to the anyWBTC Token address. Fake_Phishing183873 received 10.2M $USDT from #Multichain: anyUSDT Token address 7 hrs ago and swapped 10.2M $USDT

July 10, 2023 2 mins read

Cardano’s New Decentralized Payment System Launch Likely Soon

There will soon be a new decentralized payment system, powered by Cardano’s layer-2 solution Hydra Head and compatible with the Web3.0 wallets on the network, according to a recent update released on Twitter by the renowned ADA Whale. The ADA Whale update states that the service to settle future payments

July 8, 2023 2 mins read

Ripple’s UBRI Completes Five-Years Empowering Blockchain

Ripple’s University Blockchain Research Initiative (UBRI) was the first of its kind when it was created five years ago. Pledging $50 million in charitable funding to top universities across the globe in order to promote blockchain and cryptocurrency education, research, and development. Blockchain’s position in the inevitable digital-first future has

July 8, 2023 1 min read

Twitter Accounts of Aptos Network Hacked To Promote Fake Airdrop

It seems that a Twitter account belonging to the Aptos Foundation has been hacked, with the perpetrators sending followers to a false website advertising the opportunity to take part in a phoney airdrop. The hacker tweeted that everyone who joined the airdrop will be able to claim free APT on

July 7, 2023 2 mins read

Hashed Emergent to Launch India’s Inaugural “India Blockchain Week (IBW)” Conference

Hashed Emergent is thrilled to sponsor a flagship conference in a week-long series of web3-centered events in Bangalore, the epicenter of India’s innovation and startup ecosystem, dubbed the “Silicon Valley of the East.” The new event, India Blockchain Week (IBW), seeks to establish itself as India’s first multi-chain web3 conference

July 6, 2023 3 mins read

Telescope Labs Poised To Transform Web3 Gaming With AI-Powered Insights

Telescope Labs is excited to announce the release of its full solution suite. The startup company focuses on fundamental data analytics and AI-driven gaming economics. The London-based company has emerged from the shadows in the wake of a successful pre-seed investment round in September that drew over $2 million from Griffin

July 6, 2023 3 mins read

Nexo Passes Type 2 SOC 2 Audit, Establishing Data Security Compliance

The successful conclusion of its independent Type 2 SOC 2 audit today represented a key milestone for Nexo, the leading institution for digital assets worldwide. With this move, Nexo demonstrates its dedication to providing clients with industry-leading client data protection and guarantees a superior user experience for the company’s continuously expanding

July 6, 2023 2 mins read