Blockchain

Blockchain
Mango Markets $100 Million Exploiter Reveals Identity

The exploiter of the DeFi loan portal Mango Markets in Solana has identified himself and described his behavior as “a highly profitable trading strategy.” According to Avraham Eisenberg, who describes himself as a “digital art dealer,” he was responsible for…

esi-africa.com
Regulations
UK Electronic Bill Hints Use of Blockchain

On Oct 12, the United Kingdom’s House of Lords approved a bill that could potentially use blockchain technology to store trading documents. According to the government’s press release, the  Electronic Trade Document Bill has the following goals: The Bill will…

Blockchain
EU Sanctions Get Russian Journalists and Activists Kicked Off Crypto Exchanges

Russian users of the cryptocurrency exchanges LocalBitcoins, Crypto.com, and Blockchain.com have been advised to withdraw money from their accounts as services will soon be halted for them. Fresh Set Of Sanctions The European Commission last week issued a fresh set…

Blockchain
Ripple Defies Bear Market and Court Case To Make Big Moves In France and Sweden

Cryptocurrency payments company Ripple Labs continues to defiantly beat the odds as it seeks to beat the SEC case and reestablish itself in the crypto space. The company has established new relationships in France and Sweden, advancing farther into Europe…

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…