Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
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Six Global Banks Sign up to Issue Stablecoins on IBM’s Now-Live Blockchain Network
Six international banks have reportedly signed letters of intent to issue their own stablecoins backed by their national fiat currencies on IBM’s now-live blockchain-powered payments network, “World Wire.” The news was jointly announced by IBM and Stellar during a keynote at Money 2020 Asia in Singapore, financial news channel Cheddar reported on March 18.As previously…

Rune Christensen of MakerDao: “CeFi and DeFi will eventually merge”
MakerDAO founder, Rune Christensen, explained how Maker Foundation will prevent future protocol failures and predicted the merger of DeFi and centralized finance. 1168 Total views 30 Total shares MakerDAO founder, Rune Christensen, explained the measures taken by the Maker Foundation to prevent future failures in Maker’s protocol and predicted the future merger of DeFi and…

Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA
Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles.The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to test the application of blockchain technology in managing a localized renewable energy grid.The system relies on connecting local solar energy…

Chinese crypto ban poses no threat to local industry media, sources say
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. 321 Total views 26 Total shares While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter.China’s most…

Thai Police Arrest Suspect in $24 Million Bitcoin Scam
Thai police have detained 27-year old actor Jiratpisit "Boom" Jaravijit in an alleged $24 million cryptocurrency scam, Bangkok Post reported August 9. Jiratpisit is reportedly one of the seven suspects in the alleged crime, including his older brother and sister. On July 26, the Criminal Court awarded a warrant for his arrest following a complaint…

Crypto funds see near-record inflows as capital floods out of gold
Crypto funds have posted near-record inflows during recent weeks as the gold investment products shed liquidity. 1729 Total views 9 Total shares A new report from market data aggregator CoinShares has revealed recent surging crypto inflows amid record gold outflows.The report, published Dec. 7, notes that gold investment products have seen record outflows of $9.2…

Dapper Labs Welcomes CryptoKitties Onto Flow Blockchain
The team behind CryptoKitties, the popular crypto-collectibles game, has announced the game will launch on the Flow blockchain. 3641 Total views 36 Total shares Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain.Flow blockchain was built by Dapper Labs to address many of the challenges the…

First Wikipedia edit NFT sells at Christie’s for $750K
The Wikipedia-themed sale on Christie’s also featured an iMac used by Wales to create Wikipedia, sold for $187,500. 403 Total views 18 Total shares After celebrating its 20th anniversary in January, the free Internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s.On Dec. 15, Christie’s completed an…