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Search Results for: Ethereum

THORChain Temporarily Halts Network Operations Amid Possible Breach

In light of recent concerns about a possible network vulnerability, THORChain has temporarily suspended network operations. Following concerns of a possible vulnerability with a THORChain dependency that may harm the network, THORChain went to Twitter on March 28 to say it has paused all trade. THORChain stated the move was

March 28, 2023 1 min read

Fashion House Gucci Enters Into Multi-year Collaboration With Yuga Labs

A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes

March 28, 2023 2 mins read

Twitter Temporarily Suspended  Arbitrum’s Official Account

The Ethereum rollup tool Arbitrum’s Twitter account was shut down on Monday. Offchain Labs co-founder Harry Kalodner accepted the suspension but was unclear about Twitter’s justification. According to reports, it was flagged as spam by mistake while being swept up with other offending accounts. Even though the account has been

March 28, 2023 1 min read

Crypto Exchange OKX Releases OKB Chain Development Roadmap

OKX, a cryptocurrency exchange, revealed its plans for development for the year on Monday with the release of the OKX public chain development roadmap. OKB Chain (OKBC) is a public chain project started by OKX in February with the intention of developing a ZK-based Layer 2 scaling solution for the

March 27, 2023 2 mins read

Sphynx Ink and OpenSea Partner for “Winkles & Flam” Digital Collectibles

Toronto, Canada, 27th March, 2023, Chainwire Winkles & Flam™, the ‘Cosplaying Canadian Kitties™,’ are the First Original Cartoon Duo of the web3 space, launching exclusively on OpenSea Drops Sphynx Ink Inc. comprises Oscar®-Nominated Filmmaker Adam Benzine (HBO’s Spectres of the Shoah) & BAFTA®-Winning Illustrator Dele Nuga (The BBC’s The Clangers)

March 27, 2023 3 mins read

Bitcoin (BTC) Outperforms the Global Crypto Market

The largest cryptocurrency market player, Bitcoin (BTC), started to outperform the market as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community.   BTC began mid-March with

March 27, 2023 2 mins read

Binance Acquired 5M MATIC From Unknown Wallet

Polygon (MATIC) has joined whales’ preferred crypto token list along with Ethereum, an attractive cryptocurrency for whales with its potential. One enormous whale was spotted acquiring a sizable quantity of MATIC earlier today. According to Whale Alert, an account that tracks whale transactions, 5,190,398 MATIC was transferred from an unknown

March 27, 2023 2 mins read

Boxing Champion Oleksandr Usyk Launches Tokenization Platform

Heavyweight boxing champion Oleksandr Usyk has thrown his support behind a blockchain platform that intends to tokenize and promote the boxing sector. He holds the titles of IBF, WBO, and WBA. The Olympic champion has partnered with Qmall, a cryptocurrency exchange located in Ukraine, to create the “Ready to Fight”

March 26, 2023 2 mins read

CryptoPunk NFT Owner Mistakenly Delivers NFT To Burn Address

A CryptoPunks non-fungible token (NFT) with a market value of 77 Ether was delivered to a burn address. But, the collector had meant to use it as collateral to borrow funds with which to acquire other NFTs. Brandon Riley, an NFT collector, purchased CryptoPunk #685 on March 13. He paid

March 26, 2023 1 min read

Arbitrum’s ARB Token Enters Top 40 Coins List as per CoinMarketCap

After the recent airdrop, the price of Arbitrum’s native ARB was highly volatile, eventually settling within the top 40 most valuable cryptocurrencies. After the project released the much-anticipated token to users of the Ethereum scaling network, as of this writing CMC ranked it as the 37th biggest digital asset by

March 26, 2023 1 min read