The FTX scandal is turning out to be a trend even after two weeks. The aftershocks of the FTX collapse are still being felt throughout the cryptocurrency industry. Genesis Block Ceases Trading…
Category: Blockchain
Over $1 Million Lost By Rubic As Private Keys Were Reportedly Compromised
The officials at Rubic recently reported that they suffered from an exploit that ended up costing them over $1 million. Rubic Exploited by Hackers Rubic is a major platform known for facilitating…
El Salvador And Lugano Have Signed An Economic Agreement Citing Similar Interests
El Salvador, a Central American country, and Lugano, a southern city in Switzerland have signed a new agreement. The reports claim that it is an economic cooperation agreement signed between both regions….
Israel Has Announced Digital Bonds’ Live Tests That Are Tokenize In Nature
The Ministry of Finance of Israel has recently made an announcement regarding digital bond trading. The Ministry has announced that it has launched a live test for the digital bonds trading service,…
BNB Chain Is Now Up And Running For Users After Falling Victim To An Exploit
As of October 7, the BNB Chain is active after being suspended due to maintenance work. BNB Chain has been launched by the Binance cryptocurrency exchange, which runs all of its operations…
Blackrock Has Filed For Approval Of A Metaverse Exchange Traded Fund At SEC
Blackrock, the largest asset manager in the entire world in terms of assets under management (AUM) has recently submitted a file to the US SEC. Blackrock is interested to gain more exposure…
GameStop Forms a New Partnership with FTX US
GameStop, a major gaming retailer in the United State has announced it has formed a partnership with FTX US. GameStop and FTX US Join Hands The major gaming retailer has announced that…
Another Hack Resisted by Rainbow Bridge Causing Hacker to Lose 5 ETH
The developers behind Rainbow Bridge have made a public announcement about another hack. The platform has announced that they have successfully deflected and survived another hack. Rainbow Bridge is a platform that…
Ethereum (ETH): Should Traders Execute Long Bets with Unsure Merge Date?
Ethereum’s migration into a PoS (proof-of-stake) mechanism continues to dominate debate in the blockchain industry. On August 11, the network’s core developers confirmed a possible ETH Merge date. Meanwhile, the platform should…
Solana and KRAFTON to Boost Blockchain Gaming
The collaboration is to support blockchain gaming marketing and design. Also, Solana Labs and KRAFTON will collaborate on investment opportunities. KRAFTON will utilize capacity from PUBG: BATTLEGROUNDS to join the NFT and…
Solana (SOL) Drops 15% amid Congestion News, Losing 40% in One Week
Solana has witnessed freefall due to the market slump. Frequent outages had some market players losing trust in the token. SOL dropped to the 8th rank as its overall market cap stood…
Polygon (MATIC) To Be Deflationary With EIP-1559 Upgrade
ETH’s EIP-1559 introduces fee-burning contrivances launched on the Polygon platform today. Experts estimated MATIC supply would see 0.27% burn per year. Improved fee visibility might reduce network congestion and spam transactions. Analysts…
Cardano (ADA) Back in Top Five Crypto-List amid 10% Upswing
Cardano’s ADA stepped up during the weekend after sideways movements. The altcoin surged over $10% on 16 January. That way, ADA reclaimed its spot in the top-5 cryptocurrency list. While publishing this…