Mon, September 21

Music Streaming App Napster Announces Token Launch on Algorand

Napster’s first-half 2021 revenue was £32.9 million. There will be 10 billion $NAPSTER tokens available at the start of the project. Streaming music app Napster has announced plans to create a $NAPSTER token on Algorand, a Web3 platform. There is no official launch date for the company’s layer-1 blockchain-based expansion

June 30, 2022 2 mins read

Recent Harmony Exploit Linked to Lazarus Group With Ties to North Korea

The firm has offered a $1 million bounty for returning the stolen assets. Social engineering, the method used by the hacker, refers to earlier Lazarus attacks. Hackers stole $100 million worth of crypto from Harmony Protocol recently. The organization behind the layer 1 blockchain has offered a $1 million bounty

June 30, 2022 2 mins read

Will Massive Burn Skyrocket Baby Doge Coin (BabyDoge)?

115 quadrillion was BabyDoge’s estimate at the conclusion of voting. This proposal exclusively pertains to the Ethereum network’s coins. The spectacular vote to burn a staggering quantity of BabyDoge coins was a success. Members of the BabyDoge community voted to burn 50 quadrillion Baby Doge Coins, resulting in this choice.

June 30, 2022 2 mins read

Taiwan’s Central Bank Ramps Effort To Launch Interest-free CBDC Soon

CBDC that pays interest on digital asset deposits would probably replace bank deposits. Taiwan’s CBDC pilot program is presently distributed to five chosen Taiwanese banks. Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), has advocated a no-interest design for the country’s central bank digital currency

June 30, 2022 2 mins read

Polkadot Founder Unveils ‘Gov2’, Plans Achieving Complete Decentralization

Gov2 would allow anybody to start a referendum at any time. Most stakeholders must vote in favor of pending referenda within 28 days. Polkadot (DOT) and Kusama founder Gavin Wood stated on Wednesday that the blockchain’s governance architecture would undergo a fresh metamorphosis, live from Polkadot Decoded in Buenos Aires

June 30, 2022 1 min read

Harmony Protocol Attacker Starts Laundering Money Through Tornado Cash

$64 million are remaining in the hacker’s Ethereum wallet after siphoning. Harmony reassured its customers that the theft had no effect on its BTC bridge. According to PeckShield, the hackers who stole $100 million in Altcoins from the Horizon Bridge of the Harmony Protocol have started to launder the money.

June 28, 2022 2 mins read

Tether’s CTO Criticizes Conventional Hedge Funds for Shorting USDT

Ardoino said the team had handled 16 billion in redemptions in more than a month. Tether’s resilience and stability were repeatedly emphasized by Ardoino. Tether’s CTO Paolo Ardoino has discussed attempts by conventional hedge funds to short USDT. A Twitter thread started by Ardoino described the assaults as a “new

June 28, 2022 2 mins read

Shiba Inu (SHIB) Price Surges 42%, Bulls Remain Optimistic

It was on June 21st that the Shiba Inu (SHIB) price blasted. Shiba Inu has been down 1.16% in the last 24 hours. As per CMC, Shiba Inu’s returns have increased by 42 percent in the past week. SHIB has been attempting to recover its footing after the market-wide crypto

June 27, 2022 2 mins read

Top 3 Privacy Coins To Consider This June 2022 for Investors

By default, ZEC transactions hide the sender’s and receiver’s addresses. Haven’s primary currency is the XHV, which is used to create the xAssets. Let us look at the top 3 privacy coins for investors in June 2022. Monero (XMR) Anonymity and privacy are the primary goals of Monero, a cryptocurrency

June 27, 2022 2 mins read

Harmony Protocol Announces $1M Bounty for Hacker to Return Stolen Assets

An investigation with the help of national law enforcement agencies has been initiated. There has been no evidence of a smart contact vulnerability being exploited in this assault. The hacker that returns $100 million in stolen assets will get a $1 million reward from Harmony Protocol. Over $100 million in

June 26, 2022 2 mins read