In a lawsuit filed on March 20th, Gala Games, developer of the GameFi project, said it had recently sued pNetwork, the cross-chain interoperability bridge it had been using on the BNB Smart Chain. When an illegitimate wallet address mined over $2 billion in GALA and dumped it on PancakeSwap in
What are liquid staking derivatives? If you’re interested in staking ETH on the Ethereum network, you may have heard of liquid staking derivatives (LSDs). These tokens enable users to participate in staking without having to lock up their funds for a long period of time. In this post, we’ll discuss
HANOI, Vietnam–(BUSINESS WIRE)–#Mainnet–Aura Network is excited to announce the official launch of The Xstaxy Mainnet at 13:00 UTC on March 20th after 15 months of rigorous development. This marks a significant milestone in our journey towards revolutionizing the Cosmos ecosystem and enabling a more sustainable future for Web3, NFTs, and
Volt Inu (VOLT) is making some noises in the crypto Twitter, as the predominant cryptos are racing on the bullish track. The hashtag ‘#VOLT’ is in trend for continuous two days with over 20K tweets and mentions. Two major updates in the pipeline for the ecosystem are VoltiFlex, a multi-chain
The DeFi ecosystem has once again become a haven for hackers, as lending protocol, Euler Finance was recently hit by a flash loan assault that resulted in a net loss of approximately $19 million. This was the largest heist of 2023 to date. Since the largest decentralized finance (DeFi) theft
Balaji Srinivasan, a former CTO at cryptocurrency exchange Coinbase, has placed a $1 million bet on the price of Bitcoin (BTC) rising to $1 million by June 17. On March 17, a Twitter user going by the alias “James Medlock” made a $1 million bet to anybody who could prove
In order to provide tokenized structured products for institutions and crypto projects looking for alternative forms of financing, AllianceBlock, the company creating seamless gateways between TradFi and DeFi through its decentralized and trustless infrastructure, announced today that it is collaborating with ABO Digital, the private digital asset investment arm of Alpha
Decentralized exchange Uniswap version 3 (V3) is officially live on the BNB Chain, the smart contracts-based blockchain developed by the crypto exchange Binance. Significantly, the DEX executed this integration after receiving 66% of governance votes from its community. The proposal submitted in February was met with a positive response and
Attempting to negotiate with the hacker who stole millions from its Ethereum-based non-custodial lending protocol, Euler Finance has demanded the restoration of 90% of the stolen funds within 24 hours or face legal penalties. On March 14, Euler Labs sent an offer to the hacker responsible for the $196 million
With a market valuation of US$1.4 billion, Wemade Co., Ltd. (KOSDAQ:112040), one of South Korea’s top publicly listed gaming firms, has announced a strategic alliance with Space and Time (SxT), a pioneer in decentralized data storage. Under the cooperation, Wemade will be able to use the decentralized developer tools from
