Atari’s ‘onchain’ game hacked, Notcoin to launch story-driven Lost Dogs game: Nifty Newsletter
Developer Kautuk Kundan claimed to have hacked Atari’s “onchain” game and said that it’s not really on the blockchain.
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Understanding the difference between the front and back end is crucial with Web3 technology. The term “front end” describes the portion of Web3 applications that consumers interact with directly. This includes the technology’s user-facing side, websites and decentralized applications (DApps). The back end, on the other hand, refers to the complex system that supports these Web3
University of Utah Pays Ransomware Gang to Prevent Student Data Leak
This is one instance where the ransomware gang got away with it. The University of Utah’s College of Social and Behavioral Science confirmed that they were hit by a ransomware attack on July 19.According to a statement issued by the University, the gang left many computers inaccessible for several hours as staff took servers offline…
Marathon Digital Q2 results miss revenue and earnings forecasts
Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023. 288 Total views 1 Total shares Crypto mining firm Marathon Digital missed earnings and revenue expectations with its second-quarter 2023 results. Marathon's Q2 2023 results on Aug. 8 reported revenues of $81.8 million compared to Zacks…
Canaan’s New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
Chinese mining application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020.Chinese industry news outlet 8BTC reported on Dec. 24 that the new ASICs will have significant advantages compared to the previous generation. The new firm’s 5nm manufacturing process is expected to improve performance, power and area…
‘Godfather of ETFs’ Says Bitcoin Exchange-Traded Funds Will be Approved ‘No Time Soon’
Reggie Browne, the so-called “godfather of ETFs,” said that Bitcoin (BTC) Exchange-Traded Funds (ETF) will be certified “no time soon,” Business Insider reported Nov. 1. Browne is a senior managing director and head of ETF trading at financial services firm Cantor Fitzgerald.Founded in 1945, Cantor Fitzgerald focuses on institutional equity, fixed income sales, and trading.…
UAE regulator revokes FTX license amid the exchange collapse
Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate. 1084 Total views 6 Total shares As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows…
Philippine regulator tells Axie Infinity players they must pay tax on income from game
The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency. 537 Total views 221 Total shares Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie…
SEC Commissioner Mark Uyeda slams agency’s crypto policy as a ‘disaster’
The SEC’s Mark Uyeda says the regulator’s approach to crypto has been “the wrong one,” and it needs to provide clear guidelines before launching enforcement actions.