The much-awaited Silicon Valley blockchain startup Aptos, which includes former workers of Meta Platforms Inc. (NASDAQ: META), started logging transactions on Tuesday. But is the buzz justified? The Solana data throughput and Ethereum’s popularity are the targets of the contracts/dApps…
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Coinbase CEO to Sell Part of His Stake to Fund Science Research
Brian Armstrong, the CEO of Coinbase, has stated that he intends to sell 2% of his holdings in the cryptocurrency exchange over the course of the upcoming year in order to fund scientific research. Armstrong announced late Friday on Twitter…
Crypto Twitter Reacts to NFT Platform Moving Towards Optional Royalties Model
Solana-based Magic Eden has, albeit reluctantly, become the most recent NFT marketplace to switch to an optional royalties model, following in the footsteps of X2Y2 in August. Customers Can Choose Royalty Amounts The optional royalties model allows customers to choose…
North Korea’s Lazarus Responsible For Major Crypto Hacks In Japan
Japan’s national police have identified the entity responsible for several years’ worth of cyberattacks, including cryptography, as Lazarus, a North Korean hacking ring. Japan Issues Crypto Hack PSA On October 14, the National Police Agency (NPA) and Financial Services Agency…
Dubai Mall Store Creates A Virtual Store In the Metaverse
The Dubai Mall’s Etisalat showroom will replicate itself in the metaverse. The prototype was on display at the Gitex conference, which is currently taking place at the Dubai World Trade Center. Digital Shopping In the Metaverse The opening of a…
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…
75,000 Plus XRP Holders Join Attorney Deaton’s Class Action Lawsuit Against the SEC.
More XRP owners are now complaining to the SEC that its litigation caused them to suffer significant losses. In a class action lawsuit brought against the Securities and Exchange Commission, John Deaton is defending more and more Ripple (XRP) holders.…
October Already the Biggest Month In Crypto Hacks According to Chainalysis
According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches. $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…
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…
Minnesota Congressman Calls Bitcoin Revolutionary, Vows to Keep Making a Case for Cryptos
Minnesota representative Tom Emmer says he fully supports and stands with Bitcoin, the blockchain, and crypto-currencies in general and is working diligently to help the sector expand. Tom Emmer chairs the US congressional Blockchain caucus, and terms Bitcoin as revolutionary…