According to Chainalysis, a blockchain security and analytics company, the exploit of the cross-chain bridge technology Multichain that cost millions of dollars may have been an internal rug pull. The firm stated: “On July 6, 2023, cross-chain bridge protocol Multichain experienced unusually large, unauthorized withdrawals in what appears to be
According to on-chain analyst Lookonchain, Fake_Phishing183873 got 5,434 ETH after swapping 10.2M $USDT received from Multichain through anyUSDT Token address. Additionally, yesterday Fake_Phishing183873 got 67.76 $WBTC ($2.05M) from Multichain to the anyWBTC Token address. Fake_Phishing183873 received 10.2M $USDT from #Multichain: anyUSDT Token address 7 hrs ago and swapped 10.2M $USDT
Worldcoin, the blockchain project by OpenAI CEO Sam Altman, has announced that 150,000 people in Spain have signed up for the World ID. Moreover, with this remarkable milestone, Spain has become the fastest-growing operational market in Europe for the Worldcoin project. This is a significant achievement for Worldcoin after its
There will soon be a new decentralized payment system, powered by Cardano’s layer-2 solution Hydra Head and compatible with the Web3.0 wallets on the network, according to a recent update released on Twitter by the renowned ADA Whale. The ADA Whale update states that the service to settle future payments
Ripple’s University Blockchain Research Initiative (UBRI) was the first of its kind when it was created five years ago. Pledging $50 million in charitable funding to top universities across the globe in order to promote blockchain and cryptocurrency education, research, and development. Blockchain’s position in the inevitable digital-first future has
To prevent what it sees as a devaluation of its content, gaming giant Sega has declared a deliberate withdrawal from its blockchain activities. Co-chief operating officer Shuji Utsumi has said that the Tokyo-based company, known for games like Sonic the Hedgehog and Virtua Fighter, has no plans to include blockchain
Cumulus Encrypted Storage System (CESS), the 3rd-gen decentralized cloud-based data storage protocol built exclusively for Web3, has recently presented at IVS 2023 – the biggest and most influential startup conference in Japan. CESS Co-founder and Chairman Nick Zaldastani and COO and Co-Founder Jessie Dai both attended the event and shared
It seems that a Twitter account belonging to the Aptos Foundation has been hacked, with the perpetrators sending followers to a false website advertising the opportunity to take part in a phoney airdrop. The hacker tweeted that everyone who joined the airdrop will be able to claim free APT on
Hashed Emergent is thrilled to sponsor a flagship conference in a week-long series of web3-centered events in Bangalore, the epicenter of India’s innovation and startup ecosystem, dubbed the “Silicon Valley of the East.” The new event, India Blockchain Week (IBW), seeks to establish itself as India’s first multi-chain web3 conference
Telescope Labs is excited to announce the release of its full solution suite. The startup company focuses on fundamental data analytics and AI-driven gaming economics. The London-based company has emerged from the shadows in the wake of a successful pre-seed investment round in September that drew over $2 million from Griffin
