Cosmos patches ‘critical’ IBC protocol bug, saving $126M
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.
Related Posts
Shibarium could go live in August — Developer
The Shiba Inu ecosystem’s world paper, as well as new Shiba Inu projects and detailed information about the Treat token, will be presented at a Toronto conference next month, Shytoshi Kusama says. In a July 6 blog post, Shytoshi Kusama, the lead developer of Shiba Inu, said that the team will have discussions and possibly…
GameFi investors are now prioritizing fun factor over money: Survey
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. 240 Total views 25 Total shares GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating…
Geopolitical risks prevail as new players emerge in the crypto mining space
China is not the only country that wants control of this highly coveted industry. Taras Kulyk, Senior Vice President of Blockchain Business Development at Core Scientific, says that the countries competing to become leaders in the Blockchain space vary greatly in what they can offer to crypto miners.During an interview with Cointelegraph, Kulyk stated that…
Binance Changes Launchpad Token Sale Format to Lottery
Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24.Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned on a first come, first served basis, which left…
Europarliament approves Data Act that requires kill switches on smart contracts
The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community. 332 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe European Parliament passed the Data Act on March 14. The comprehensive bill was…
Never mind FTX — Fine arts institutions should still onboard to blockchain
The reality is that blockchain technology can still deliver substantial benefits, particularly within the fine arts. And for those who have been paying attention, 2022 has been a year of incredible normalization for nonfungible tokens (NFTs). Simply put, major institutions across various sectors have dipped their toes into Web3. In November, Instagram announced that creators…
Visa invests $150,000 in NFT CryptoPunk Asset
Visa has made a sizable investment in the NFT space, acquiring a popular digitally pixelated CryptoPunk. 460 Total views 66 Total shares Credit card giant Visa have made a substantial splash on their emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks which pioneered the…
South Korea’s Fintech Sandbox Creates 380 New Blockchain Jobs
South Korea's regulatory sandbox has graduated several projects, resulting in the creation of 380 blockchain-related jobs and over $110 million in new investments. 959 Total views 45 Total shares South Korea’s regulatory sandbox has helped create almost 380 blockchain and other fintech jobs and generated around $110 million in investments.According to Shina Ilbo, the sandbox…