A student of Chinese Zhejiang University, Yang Qichao issued a virtual currency token BFF in 2022. After the issuance, Qichao’s uninformed liquidity withdrawal caused a crypto investor, Luo, to lose 50,000 BSC-USDT coins that he exchanged for the tokens. This pushed Luo to file a complaint with the Nanyang Public
In a Series A funding round, Fhenix, an Ethereum Layer 2 network developer with an emphasis on data confidentiality, has raised $15 million. According to Fhenix on Tuesday, Hack VC led the round, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. Guy Itzhaki, the CEO
British Virgin Islands, British Virgin Islands, 4th June 2024, Chainwire
$COOKIE, powered by Cookie DAO, is a token that enters the Cookie3 three-platform stack, creating a complete Cookie MarketingFi ecosystem. As the “Google Analytics” of Web3, Cookie3 helps create a mutually beneficial marketing ecosystem for businesses, creators, and users that reinforces the data ownership economy, and $COOKIE represents the $366
Real-world assets (RWA) protocols and platforms are beginning to tokenize long-since illiquid assets into accessible and far more versatile RWAs. This advancement has established a bridge between the world of traditional finance (TradFi) and the freedom of decentralized finance (DeFi), breaking down barriers thought immovable. Taking a step away from
The cryptocurrency landscape is teeming with innovations and trends that are capturing the attention of investors and enthusiasts. In this competitive market, Floki, PEPE, and BlockDAG are making significant strides. Floki has executed a strategic token burn, reducing its supply and sparking interest. PEPE has seen a substantial price surge,
The much-anticipated vote on UNI staking and delegation incentives, which was scheduled for May 31, has been postponed by the Uniswap Foundation, the group in charge of the decentralized exchange Uniswap. The foundation delayed the vote in response to a stakeholder’s concern, as revealed on X. The decision-making process was
South Korea’s premier cryptocurrency exchange, Upbit, recently added Beam (BEAM) to its trading list, leading to a surge in trading volumes and investor interest. The announcement has significantly boosted BEAM’s visibility and accessibility, propelling a sharp demand increase. This heightened interest drove BEAM’s price up by over 39.68% in a
Grand Cayman, Cayman Islands, 30th May 2024, Chainwire
The MetaDragon, a decentralized NFT game platform, has been a victim of a hack resulting in the theft of 321.5 $BNB worth $192K. According to Peckshield, a blockchain security firm, the stolen assets have been transferred to TornadoCash, a privacy-focused mixer. #PeckShieldAlert @MetaDragonDao exploiter -labeled address has already sent 321.5
