Crypto founders should stop chasing narratives and start creating them
Founders and entrepreneurs need to stick to their guns if they want to make a difference in the industry.
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OkEx Becomes a Validator in Ethereum 2.0 Testnet
OkEx joins ETH 2.0 Topaz testnet as a validator, as multiple companies race to develop a Phase 0 client before end of 2020. 1887 Total views 47 Total shares OkEx Pool, the staking arm of the OkEx conglomerate, announced that it has joined an Ethereum 2.0 testnet as a Proof-of-Stake validator.As revealed by its April…
Meta announces Facebook and Instagram users can post NFTs from digital wallets
“This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both,” said Meta. 379 Total views 16 Total shares Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets.In a Monday update to…
Crypto startup Blockchain dot com planning 2022 IPO
Blockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US which is attempting to do the same. 355 Total views 14 Total shares Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial…
North Korean hackers stealing NFTs using nearly 500 phishing domains
Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims.Blockchain security firm SlowMist released a report on Dec. 24, revealing the tactics that North Korean Advanced Persistent Threat (APT) groups have used to part NFT investors from…
Will SBF face consequences for mismanaging FTX? Don’t count on it
Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds?After most of the entities tied to his cryptocurrency exchange became insolvent last week, blockchain analysts concluded the insolvencies came as a partial result of the exchange’s trading house, Alameda Research, burning through nearly $10 billion in cash that technically belonged…
Forbes Report: World’s Top 10 Billionaires Lost $38B on Black Monday
Amid intensifying fears over the coronavirus, the United States stock market saw another historic day causing whopping losses for the world’s richest people.On March 9, the U.S. stocks experienced another dismal day, with major stock indices like the S&P 500 and Dow Jones plunging more than 7%. This coincided with a major bloodbath in crypto…
More than $100M worth of NFTs stolen since 2021 — Elliptic
The firm reported that although the market downturn had caused the value of NFTs to “slump,” scammers stole an estimated 4,647 of the tokens in July 2022. 187 Total views 6 Total shares Cryptocurrency risk management firm Elliptic has released a report suggesting that scammers stole more than $100 million worth of nonfungible tokens, or…
Crypto Exchange UpBit’s Operator Launches Custody Service with Ledger
DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service.The partnership and the new custodianIndustry news outlet TheBlock reported on Dec. 4 that DXM plans to launch the custodian under the name Upbit Safe and that Ledger Vault, Ledger’s…