MyAlgo, a supplier of Algorand network wallets, has issued a warning to its customers to withdraw cash from any wallets established with a seed phrase because of an existing exploit that has seen approximately $9.2 million worth of assets stolen. On February 27, MyAlgo tweeted the warning, saying that it
Creators of the Bored Ape Yacht Club (BAYC), Yuga Labs, have unveiled a brand-new NFT collection on Bitcoin named “TwelveFold.” 300 limited-edition works of generative art, each inscribed to the Bitcoin network, will make up the TwelveFold collection. Introducing TwelveFold. A limited edition collection of 300 generative pieces, inscribed on
After another successful reboot, the Solana blockchain is available again. A bug that slowed the blockchain for hours on Saturday has been fixed. The developers are still keeping an eye on how the network is doing. It was previously reported that the Solana network had an outage on the morning
The global investment bank JPMorgan has announced the opening of a new innovation center in Athens, Greece. This is where they will experiment with blockchain technology to create new products and services. The bank’s 2020-released Onyx platform will be the primary focus of the lab’s application development efforts. The Blockchain
As a technical glitch slowed users’ ability to trade cryptocurrencies, move assets, or do anything on the Solana network’s blockchain early Saturday. Infrastructure providers scrambled to fix the problem. According to Solana’s Discord channel, the blockchain began “forking” at about 00:53 New York time. After that, the RAM of validators
South Korean blockchain research and data analysis service Messari has joined the ranks of crypto-focused businesses that have laid off employees in response to the current economic downturn. They let 15% of their employees go because they knew it was the best move for the company in the long term.
Coinbase’s recently launched its Layer 2 blockchain technology. However, the launch has met with excitement and optimism, particularly for the $OP token. The technology is a major step forward for the digital payments industry, allowing for more efficient transactions and faster transfer speeds. Coinbase’s Layer 2 blockchain supports multiple blockchains,
Immutable, a prominent Australian crypto gaming firm, recently announced it has laid off 11% of its workforce in order to preserve its financial reserves for the indefinite future. Having already laid off staff in July 2022, Immutable is now doing so again. The layoffs were disclosed in a memo emailed
The technology firm Tencent has announced that its subsidiary, Tencent Cloud, would be actively supporting Web3 innovations and contributing to the long-term growth of the worldwide Web3 community. To strengthen the Web3 ecosystem, the cloud provider has formed partnerships with crypto platforms including Ankr, Avalanche, Scroll, and Sui. According to
0N1 Force, a top-tier NFT collection with an emphasis on comics, has been acquired by a group of seasoned crypto industry professionals. The group, led by blockchain investment company Old Fashioned Research (OFR), paid an unknown sum to purchase the top NFT collection. The founders of 0N1 Force have departed
