LaunchZone Loses Almost $700k as a Result of an Exploit
As per the recent development, funds worth almost $700k have been drained from the liquidity pool of BNB Chain-based DeFi protocol, LaunchZone. The project openly...
Solana (SOL) Dips Further as Another Network Outage Frustrates Community
by Afroz Ahmad
The Solana (SOL) network was subject to another recent outage that resulted in a strong response of outrage from the community. In retaliation, a number...
IMF Reveals Crypto Action Plan, Advises Against Crypto’s Legal Tender Status
by Afroz Ahmad
In a recent development, the IMF has come forward with a nine-point action plan that specifies how countries should treat cryptocurrencies. The action plan advises...
Coinbase Announces its Ethereum Layer-2 Network, Optimism (OP) Gains over 10%
by Afroz Ahmad
Coinbase recently revealed plans of developing its own layer 2 network, called Base, for developing decentralized applications. Base, powered by Optimism (OP), would offer a...
NBA Branded Top Shot NFTs are now Deemed Securities
by Afroz Ahmad
The ongoing regulatory actions in the crypto and blockchain space have gained considerable pace in the last few days. In a recent development, a lawsuit...
Bitcoin (BTC) recovers to $25k following FOMC Minutes
by Afroz Ahmad
The holders of Bitcoin (BTC) were subject to another shock as volatility increased and investors struggled to digest the FOMC minutes. These minutes point to...
Mastercard Partners with Immersve to Allow Crypto Payments in Web3
by Afroz Ahmad
As per a recent development, Mastercard and Immersve have joined hands to enable cryptocurrency transactions. The new venture would allow customers to make payments using...
Coinbase Reports Unexpected Revenue Increase in Q4
by Afroz Ahmad
Despite uncertainty within the crypto industry, there is some relief for one of the most popular crypto platforms, Coinbase. In a positive development, Coinbase has...
Hope Finance Loses $2M Amid a Hacking Attempt
by Afroz Ahmad
In a recent development, the Arbitrum-based DeFi project, Hope Finance, has lost around $2 million due to a hacking attempt. The platform notified its community...
Bosch and Fetch.ai Collaborate to Promote Web3 Usability and Adoption
by Afroz Ahmad
Bosch Global has partnered with a German Artificial Intelligence (AI) lab, Fetch.ai to establish the Fetch.ai Foundation. Bosch is a renowned global technology and services...