Blockchain

Blockchain
Solana-Based Decentralized Finance Platform Mango Has Been Hacked For $100 Million

The Solana blockchain-based decentralized finance platform Mango has been exploited for over $100 million. Blockchain auditors OtterSec first posted about the hack on Twitter, claiming that “the attacker was able to alter their Mango collateral.” Attackers Inflated Mango’s Token According to…

Blockchain
How did Hackers steal More than $500 Million(approx. 2 Million BNB Tokens )? Explained

The BNB Chain had to stop all transactions due to an exploit.  According to the BNB chain team: “There was an exploit affecting the native cross-chain bridge between BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), known…

Blockchain
Helium’s Move to Solana should have been more Democratized, Algorand’s bid didn’t stand a chance

On August 30th, 2022, Helium announced plans to move its network to Solana. The move was meant to increase operational efficiency and take advantage of Solana’s excellent development tools, applications, and features. Ostensibly, Solana could facilitate better data flow, management,…

Blockchain
FedEx Chief calls for Uniform Blockchain Standards

The chief information officer of American delivery services company FedEx, Rob Carter, has called for uniformity in standards in the blockchain industry; according to tech-focused media outlet Computerworld. While addressing attendees at the Blockchain Global Revolution conference, the FedEx chief…

Bitcoin
Blockchain Animated Comedy by Fox to sell NFTs while Sony seeking Patent for Bitcoin-led eSports Gambling

World of crypto is experiencing next level innovative initiatives at a rapid phase. With an ever expanding market most organizations which introduce these are very much optimistic about their initiatives. Two of such initiatives which have been making news in…

Blockchain
Record breaking 11.6 million NFT sale from a DJ star

By surpassing milestones in NFTs, world-renowned musician, producer, and a blockchain influencer Justin Blau, best known as 3LAU conducted a record-breaking $11.6 Million sale of a NFT release of his three-year-old album ‘Ultraviolet,’ last month. This is a record for…

Bitcoin News
Microsoft launches ION decentralized identity technology on Bitcoin Mainnet

Microsoft has brought up an evolutionary technology, as they announce the completion of ION v1, a Decentralized Identifier (DID) network. Many were waiting for a technology to move away away from the username and password requirements, and this technology has…

Blockchain
Two Firms Have Bought More than $150 Million Worth of Bitcoin Miners

Bitcoin mining machines are rapidly rising in popularity. Two additional organizations — The9 Limited and Blockcap — have now bought an aggregate of 36,000 bitcoin miners worth more than $150 million from Bitmain. The9 Limited, a Nasdaq-registered Chinese gaming organization,…

Banks cryptocurrency
Digital Artwork Sells for $6.6M on Winklevoss-Owned Marketplace

Artwork represented by a non-fungible (NFT) token has sold for a record-breaking amount of $6.6 million in the ether cryptocurrency. As indicated by a tweet from NFT marketplace center Nifty Gateway on Thursday, “history has just been made” with the…

Altcoins
What is special about Cardano’s 100+ projects in development?

Cardano (ADA) have become the most discussed topic in the cryto world, as its token ADA being a rapidly emerging alt coin, places itself among the top three cryptocurrencies. With very high potential, Cardano has attracted investor potential while market…