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Search Results for: Solana

Web3 Token-powered Social Platform Taki Puts an End to Waitlist

Taki, a social network removed its waitlist system. Taki launched its beta phase intending to improve user engagement. Taki, a worldwide social network driven by cryptocurrency tokens, has announced the launch of the beta version, and the availability of the platform to its users. With the Beta launch, Taki’s community

August 4, 2022 2 mins read

Crypto Exchange ZB.com Loses $3.6M Due to Recent Hack

It is claimed that 2224 ETH were lost as a consequence of the breach. The breakdown of key applications was blamed for the suspension of services. The crypto sector experienced major shocks this week as a result of security breaches involving Nomad and Solana. In a recent instance of a

August 4, 2022 1 min read

Hacker Returns $9 Million Worth of Stolen Funds Off the Nomad Bridge

Nomad disclosed that it is using a leading chain analysis service to track funds. More than $1 billion has already been stolen from bridges in 2022 as per reports. Almost $190 million in cryptocurrency was taken off the Nomad Bridge by hackers this morning. The hack once again exposed the

August 3, 2022 2 mins read

DappRadar Report Reveals: Crypto Bear Market’s Winners and Losers

The overall average of Unique Active Wallets (UAW) decreased by 12% since Q1 Blockchain games transactions defy the bear market and showing a 9.5% growth since Q1 Axie Infinity is the top searched NFT collection in 122 countries When it comes to tracking decentralized app (Dapp) activity, DappRadar, a worldwide

July 29, 2022 3 mins read

Miami Mayor Announces Ethereum NFT Collection Launch

The city’s Ethereum NFT is scheduled to start in December. Mastercard will give unique privileges to NFT holders. On Thursday, Mayor Francis X. Suarez of Miami, announced that the city would distribute 5,000 Ethereum NFTs in the coming months. Mastercard and Salesforce are all working together with TIME USA magazine’s

July 29, 2022 1 min read

U.S GDP Declines by 0.9% in Second Quarter 2022, Recession?

National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States fell for the second time in a row in the most recent quarter. The US Bureau of Economic Analysis (BEA)

July 28, 2022 2 mins read

Algorand CEO Steven Kokinos Steps Down, Interim CEO Announced

Sean Ford, currently the Algorand COO, has been designated interim CEO. FIFA has appointed Algorand its official cryptocurrency sponsor. Steven Kokinos, the CEO of Algorand who joined the company in 2018 after creating the software development company Fuze, left in order to pursue “other interests,” although he intends to stay

July 28, 2022 2 mins read

Do Kwon Is Obliged To Enter South Korea: Country’s Prosecutors Commands

South Korea’s Ministry of Justice banned the officials of Terra from leaving the country. Do Kwon is issued notice to enter the country, who now lives in Singapore. The fall of UST initiated the bearish rally of the crypto market.  Following the Crashdown of Terra(LUNA), the entire market dipped down

July 27, 2022 2 mins read

Play and Win at CryptoGames Casino

Bringing new digital entertainment elements like Cryptocurrencies to online gambling platforms turned over the entire gambling industry for the better. Nowadays one of the significant examples of the changes in the industry is online-based casinos’ incorporation of games and financial systems that fully support the most happening digital currencies. Blooming

July 27, 2022 10 mins read

Top 10 Socially Popular Cryptos Ranked By LunarCrush

The top 3 coins by social engagement in the last week are BTC, ETH, and DOGE. Currently, Bitcoin is trading at around $21,920.03, as per CMC. The global crypto market is currently going through ups and downs, apart from the market-dominant Bitcoin, other major altcoins have already witnessed a huge

July 25, 2022 1 min read