Sweat Economy, a Web3 initiative intended to reveal the economic value of movement, is commencing in the United States. On September 12, the Sweat Wallet app will debut, together with its native token, $SWEAT, marking the first anniversary of the venture’s worldwide start. Since its Token Generation Event (TGE) in September
After declaring bankruptcy in July 2022, Voyager Digital has been looking at numerous options for reviving the firm ever since. At first, there was an agreement with FTX, which was terminated when that company collapsed soon after FTX won the auction for its assets. Ultimately, FTX would file a lawsuit
Users who had hoped to benefit from the decentralized finance (DeFi) initiative built on the Arbitrum blockchain lost $2 million. When the Hope Finance Twitter account posted a warning about the fraud on February 21, it was picked up by Web3 security company CertiK. It’s hard to find out any
Composable Finance’s current CEO has strongly denied claims of legal wrongdoing made by the company’s former CTO, Karel Kubat. Kubat tweeted about his resignation from the company on February 20. Along with a litany of charges against the business and its CEO. In addition, Kubat said that he was retiring
According to a post-mortem report published by the Dexible team on the project’s official Discord channel on February 17. The multichain exchange aggregator was breached, resulting in the loss of $2 million worth of cryptocurrencies. From 6:35 pm UTC on February 17, a popup warning regarding the attack has been
To implement the planned deployment of Uniswap v3 on the BNB Chain, the Uniswap Decentralized Autonomous Organization (DAO) has just completed the final vote that will be employed. Almost two-thirds of DAO delegates approved the Friday move, as reported by the platform that collected the votes. A follow-up vote held
Interestingly, the web 3.0 wallet MetaMask has now announced that it would support bank transfers for customers in India. Users in India may now utilize the country’s premier payments system, Unified Payments Interface (UPI), to have immediate access to crypto assets. MetaMask users will be able to buy cryptocurrency using
On Tuesday, leading blockchain firm ConsenSys made public its intention to contribute to a case that challenges the Internal Revenue Service’s (IRS) authority to tax staking rewards. The Jarretts, a Tennessee couple, filed a claim against the IRS in 2021 to recoup the federal income taxes that had been withheld
A vulnerability in the smart contracts underlying the decentralized finance (DeFi) protocol CoW Swap has resulted in the theft of around 551 BNB worth around $181,600. The attacker reportedly added a wallet address as a “solver” of CoW Swap. And then used a transaction to authorize DAI transfers to SwapGuard
According to the Uniswap DAO forum, Andreessen Horowitz (a16z), a venture capital company, voted against the final proposal to deploy Uniswap v3 on the BNB Chain through the Wormhole Bridge. 0xPlasma Labs, speaking for the Uniswap Community, presented a governance request on February 2. To deploy the current version of
