The world of gaming is evolving rapidly, and Web3 technology is now at the forefront of this transformation. In the midst of these advancements, Moxy, a leading platform in video game tournaments, has teamed up with SKALE, a gas-free blockchain…
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Hoskinson Opposes $500M Token Burn Proposal in Cardano
The recent proposal to burn 1.5 billion ADA tokens has sparked significant debate within the Cardano community. At the forefront of this discussion is Charles Hoskinson, founder of Cardano, who has voiced strong opposition to this controversial initiative. The debate…
Alan Howard Son leads $25M venture fund with Halo Capital
Alan Howard, a name synonymous with hedge funds and the crypto sector, is not only a giant in the financial world but also a key player in the growing digital asset space. His family’s deep-rooted involvement in cryptocurrency ventures showcases…
Chang Upgrade Advances Cardano’s Governance and Growth
On September 1st, 2024, at 21:44 UTC, the Cardano blockchain is set to undergo a pivotal transformation with the Chang upgrade. This event marks another significant milestone in the evolution of Cardano, a blockchain platform that has consistently pushed the…
AUSD Stablecoin Launches on Sui Enhancing Liquidity and DeFi
AUSD has emerged as a key player in the decentralized finance (DeFi) ecosystem, consistently proving its utility and flexibility across multiple blockchain networks. As the stablecoin expands into new networks, its presence on Sui introduces a significant opportunity for both…
Hacker steals $234M from WazirX, impacting 4 million Crypto users
India’s crypto industry faces a severe challenge as it grapples with its most significant hack to date, where a hacker successfully compromised the WazirX exchange. The incident has drawn widespread attention due to the substantial amount of funds stolen and…
ParaFi Capital expands with $120M to buy crypto fund stakes
ParaFi Capital, a New York-based digital asset manager, has emerged as a significant player in the crypto finance world, backed by industry giants like KKR & Co. co-founder Henry Kravis. With its roots firmly planted in the intersection of traditional…
Trump Family Accounts Hacked to Post Fake Crypto Project
On Tuesday, several social media profiles linked to members of the Trump family were compromised to promote a fraudulent cryptocurrency project. The incident, which primarily targeted the X accounts of Lara and Tiffany Trump, highlighted the ongoing vulnerabilities within the…
ETF Flows Rise in Volatile Markets Hitting $609 Billion
The exchange-traded funds (ETF) market has witnessed unprecedented growth, positioning itself as a pivotal element in modern investment portfolios. As 2024 unfolds, the momentum shows no signs of slowing down. The year has already seen substantial inflows into ETFs, setting…
Galois Capital fined by SEC for improper asset handling with FTX
Galois Capital Management, a crypto investment firm, has been in the spotlight recently due to its entanglement with the Securities and Exchange Commission (SEC). The firm is facing a significant $225,000 fine after the SEC alleged that it violated crucial…