UwU Lend hit by $20 million crypto hack

An Axie Infinity player from the Philippines claims to have purchased two houses with profits earned through playing the crypto-powered play-to-earn game. 2705 Total views 16 Total shares An Axie Infinity player from the Philippines bought two houses with his earnings from the popular crypto-powered play-to-earn game. Earlier this month, 22-year-old John Aaron Ramos, who…

New research from Sanford C. Bernstein & Co. suggests that revenue generated by cryptocurrency exchanges could more than double to hit $4 billion in 2018, Bloomberg reports August 17. The report, titled “Crypto Trading — the Next Big Thing is Here?,” argues that the protracted crypto bear market is unlikely to impact the burgeoning revenue…

Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with the web. When the internet first went mainstream in the 1990s, many people theorized that it…

The $150,000 worth of Bitcoin was allegedly being used to launder money gained through fraudulent support loan applications on behalf of dummy businesses. A U.K. woman has been arrested in possession of £115,000 ($150,000) of Bitcoin (BTC), according to a Metropolitan Police report. The cryptocurrency is alleged to be the proceeds of a fraudulent scheme…

The FSRA is taking a pro-market stance but pledges to comply with international safety standards. 376 Total views 30 Total shares The Financial Services Regulatory Authority (FSRA), the financial regulator of Abu Dhabi Global Market free economic zone (ADGM), published its “Guiding Principles” on its approach to digital asset regulation and supervision. Friendly in tone to…

Elon Musk is "astutely aware" of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. 6587 Total views 33 Total shares Bitcoin (BTC) recovered above $56,000 on March 24 after a new "Elon candle" put a familiar spring in the step of bulls.BTC/USD 1-hour candle…

Roman Storm’s lawyer Brian Klein said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the charges related to money-laundering and other alleged violations. 191 Total views 2 Total shares Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash who was arrested on money-laundering and other…

Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer.

Prague-based crypto wallet manufacturer Trezor has responded to а report about hardware vulnerabilities from its competitor Ledger on Tuesday, March 12.Trezor claims that none of the weaknesses revealed by Ledger in a detailed report on March 10, are critical for hardware wallets. As per Trezor, none of them can be exploited remotely, as the attacks…