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A $1 million estimated attack caused Solana-based Cypher Protocol, a decentralized futures exchange, to suspend its smart contract. On August 7th, Cypher tweeted its users to let them know that the platform had encountered a security breach and had temporarily disabled its smart contract. The group has also reached out
The new lending platform from Bridgecoin Capital is the first of its kind, allowing clients to invest their cryptocurrency in conventional real estate. This groundbreaking strategy is the first tax-efficient way to preserve wealth in the blockchain sector, and it was developed by a team of real estate and crypto experts.
The gaming and entertainment company WAGMI Games has announced key recruits that will guide its effort to revolutionize web3 entertainment. The mobile-first gaming business has onboarded a handful of notable individuals with backgrounds in top international gaming studios. In order to hire elite people who can excel in a web3 context,
According to a Reuters article, Worldcoin intends to increase its presence in the market by making its iris-scanning and identity verification technology available to governments and corporations. According to the article, Ricardo Macieira, general manager for Europe at Tools For Humanity (the firm behind the Worldcoin initiative), said that the
In addition to Deutsche Telekom and other ecosystem participants, Google’s computing cloud service, Google Cloud, is now operating a validator on the Celo network, the Celo Foundation stated on Wednesday. A validator is a user who takes part in the process of confirming new transactions and protecting a blockchain’s integrity.
A new whitepaper from Fleek Network outlining the decentralized edge platform it is developing has just been published. Along with its release, the protocol’s new open source github repository has just been launched. On the road to releasing a testnet for the decentralized edge network next month, this release represents
In research released on July 29 by Ripple, a digital payments network, and the United States Faster Payments Council (FPC), 300 financial experts were polled across 45 nations. These individuals work in fields as diverse as fintech, banking, media, consumer technology, and retail. The analysis estimates that by the year
As criticism of Worldcoin’s data-gathering tactics grows, the company disclosed its audit results on July 28. Nethermind and Least Authority, two security consulting organizations, undertook the latest research. Worldcoin said that Nethermind discovered 26 security flaws in the protocol. 24 of which were “identified as fixed” during verification, with one
The war of words between the Solana (SOL) ecosystem and the Ethereum community has reached a new low after the protocol’s creator, Anatoly Yakovenko, accused its rivals on Twitter of spreading false information about a key aspect of Solana’s performance. Toly, as he’s known on Twitter, sounded the alert that
Stellar, the decentralized and open-source blockchain project, is making a notable impact in the crypto world with its impressive achievement in the number of off-ramps available for digital assets. According to a recent blog post by the Stellar team, the project now boasts the most crypto off-ramps on its blockchain.
