With the increasing popularity of cryptocurrencies, the rise in hacking incidents has become a significant concern for the industry. This article delves into recent hacking incidents in the cryptocurrency space, examining the impacts and losses suffered by key players. It also explores the methods employed by hackers and the ongoing efforts to enhance security. Orbit Chain Hack In a devastating
BlackRock, the world’s largest asset manager, has been making waves in the cryptocurrency market with its recent involvement in Bitcoin. With a staggering portfolio worth $10 trillion, BlackRock has played a crucial role in the surge of the world’s most popular cryptocurrency. Furthermore, their request for the launch of a Bitcoin Spot ETF near the Securities and Exchange Commission (SEC)
The price of Bitcoin has soared to an impressive $45,000, reaching its highest point since April 2022. This surge in price has garnered increased investor enthusiasm, which has been further intensified by a recent Reuters report suggesting that the Securities and Exchange Commission (SEC) may announce its decision on the approval of Bitcoin Exchange-Traded Funds (ETFs) as early as Tuesday,
The US government has announced a delay in the imposition of tariffs intended for consumer graphics cards, citing the need for further industry feedback. These tariffs, which have been a topic of debate since the Trump era, aim to reduce the influence of Chinese-based hardware in the markets. In an effort to ensure a fair and balanced approach, the government
The Korean gaming industry has been at the forefront of technological advancements, particularly in the realm of blockchain and Web3 applications. However, not all ventures have been smooth sailing. Wemade, a prominent gaming firm based in Korea, finds itself grappling with a staggering $41 million tax debt following the launch of its ambitious $100 million Web3 fund. This article delves
In the fast-paced world of finance, accurate economic data plays a critical role in decision-making. Truflation, an innovative financial data service, is transforming the way we gather and analyze inflation data using blockchain technology. By leveraging the power of distributed ledgers, Truflation provides real-time, transparent, and reliable inflation figures that surpass traditional methods. The Limitations of Traditional Inflation Measurement Methods
The automated market maker Orca has recently completed an integration with Stripe, a leading online payment platform. This integration marks a significant development in the world of decentralized finance (DeFi), as it allows Orca to accept purchases using fiat money as well as facilitate transfers from fiat to cryptocurrencies. By bridging the gap between traditional finance and the digital asset
While the anticipation for the approval of spot Bitcoin ETFs persists, it is important to recognize that this may not be a one-size-fits-all solution for the challenges in the crypto realm. However, there are other innovative options that are gaining recognition in the cryptocurrency industry, such as Polkadot (DOT) and InQubeta (QUBE). In this article, we will delve into the
In the ever-evolving world of gaming, monetization and player engagement are of paramount importance for gaming marketplaces. The introduction of blockchain technology has opened up a world of opportunities, enabling marketplaces to enhance both monetization and player engagement, resulting in a more immersive and profitable gaming experience. With the ability to record transactions on a decentralized ledger that cannot be
In today’s digital age, managing and protecting intellectual property rights has become increasingly complex. However, with the advent of Blockchain as a Service (BaaS), a new era of secure and transparent intellectual property rights management has dawned. This article explores the many advantages of BaaS in revolutionizing the way we record, verify, and protect ownership, while also enabling new business
Taiwan’s Financial Supervisory Commission (FSC) has recently issued a directive instructing banks to deny virtual asset providers (VASPs) the status of merchants for credit card transactions. This move comes as the regulator emphasizes that credit cards should primarily serve as consumer payment tools rather than vehicles for investment, wealth management, or high-risk speculative transactions. This directive adds another layer to
In the fast-growing world of decentralized finance (DeFi), Scallop is making a name for itself as a lending protocol built on Sui, offering users an intuitive platform for borrowing and lending digital assets. With a focus on user-friendliness and security, Scallop stands out by leveraging the strengths of the underlying Sui network. Scalability and Architecture of Sui At the core
