In a shocking turn of events, Coinbase-backed decentralized finance (DeFi) project, Truflation, recently suffered a massive hack resulting in a loss of approximately $4.6 million. According to reports, this attack occurred on June 13, 2021, and it targeted the project’s Multicall contract . This contract is a crucial component of Truflation’s platform, enabling users to…
2024 State of Web3 Grants Report: Centralized Data Still Dominates the Industry Executive Summary This report delves into the current state of Web3 grants and their impact on the decentralized data ecosystem. Despite the significant strides made in blockchain technology and decentralized finance (DeFi), centralized data continues to dominate the industry. Our analysis covers key…
Sam Altman’s Massive Windfall: OpenAI’s Transition to a $150 Billion For-Profit Entity Sam Altman, the former president of Y Combinator and co-chairman of OpenAI, is set to become one of the world’s youngest centibillionaires with OpenAI’s recent transition into a for-profit entity. OpenAI, a leading artificial intelligence research laboratory, has been valued at an astonishing…
Crypto Fever: Record-Breaking Ownership in 2024 But Why aren’t more US shoppers using it? A New Era of Financial Technology In 2024, the world witnessed an unprecedented surge in crypto ownership. With major corporations like Tesla and Microsoft jumping on the bandwagon, many believed that a digital currency revolution was finally upon us. But despite…
Uniswap Layer 2 (L2): Triple the Activity in September 2022 – A New Era of Decentralized Finance (DeFi) Uniswap L2 With the surging interest in Decentralized Finance (DeFi), Uniswap, one of the leading protocols, has witnessed an unprecedented surge in activity on its Layer 2 (L2) solutions. In September 2022 alone, Uniswap L2 recorded three…
FTX Estate: Uncovering Millions in Crypto Assets Two Years Later Two years have passed since the sudden demise of FTX, a leading player in the crypto derivatives market. The tragic event left the digital asset community in shock and raised numerous questions about the whereabouts of its millions in crypto assets. Despite numerous investigations, the…
Microsoft Unites Xbox Game Pass and Xbox Mobile App: A New Era Microsoft has recently announced a significant update to its gaming services, combining the power of Xbox Game Pass and Xbox Mobile App in one seamless experience. This new era of streamlined gaming is set to revolutionize the way players access their favorite titles,…
FTC Takes On Deceptive AI: Suing Firms for Misleading Consumers The Federal Trade Commission (FTC) Cracks Down In an unprecedented move, the Federal Trade Commission (FTC) has announced its intent to crack down on companies that use deceptive AI practices to mislead consumers. This comes as the use of artificial intelligence (AI) in marketing and…
Tench Coxe Sells $235 Million Worth of NVDA Shares: Implications for Investors Tench Coxe, a notable technology investor and director at NVIDIA Corporation (NVDA), recently sold approximately 1.5 million shares of the company’s stock for a total value of $235 million. This significant sale raised concerns among investors regarding Coxe’s confidence in NVDA’s future performance….
Binance Cracks Down on Indian Gaming Scams: $47.6M Recovered In a significant move to protect its users and combat financial fraud, Binance, the leading global cryptocurrency exchange, has recently announced the dismantling of a major gaming scam originating from India. The operation , which took place over several months, involved the collaboration between Binance’s security…
Introduction Welcome to our comprehensive guide on HTML Formatting Elements. In the realm of web development, HTML (HyperText Markup Language) plays a pivotal role in structuring and organizing content on the World Wide Web. Within this language, formatting elements serve a significant purpose by adding style and enhancing the visual appeal of web pages. Let’s…
Assassin’s Creed: Shadows – A New Beginning in 2025: Implications and Excitement for Fans Assassin’s Creed: Shadows, the upcoming installment in the beloved Assassin’s Creed franchise, is set to be released in 2025. This new game promises a fresh start with new protagonists , locations, and storylines that are sure to excite fans and newcomers…
Mt. Gox, the once-dominant cryptocurrency exchange based in Japan, filed for bankruptcy in 2014 following a massive hack that led to the theft of approximately 850,000 bitcoins. The consequences of this event have been felt throughout the entire cryptocurrency market and beyond. However, new developments are emerging in the ongoing saga of Mt. Gox and…
In an unprecedented move for the Memecoin industry, MOTHER on Solana has surged past $100 Million Market Cap . The community-driven project, which gained popularity through its unique memes and engaging Discord channel, has proven to be more than just a passing trend. With the recent link, MOTHER has seen an influx of new investors,…
Revolutionizing Blockchain: EOS Network Achieves 1-Second Transaction Finality EOS, the decentralized operating system for decentralized applications (DApps), has recently made a groundbreaking achievement in the blockchain industry. The EOS network has achieved 1-second transaction finality, outpacing its competitors and setting a new standard for blockchain speed and efficiency . This milestone was announced by link,…
Solana’s Metoric Rise: Can It Reach 50% of Ethereum’s Market Cap? An In-depth Analysis Solana (SOL), the decentralized finance (DeFi) and smart contracts platform, has been making waves in the crypto world with its impressive growth. As of now, Solana’s market capitalization hovers around , a significant increase from its value at the beginning of…
NODO Prediction Market Surges Ahead: NODO, the innovative prediction market platform built on the Cardano blockchain, has recently achieved a significant milestone. The project’s TVL has surged ahead, reaching an impressive figure of $300,000. This growth underscores the increasing interest and adoption of the NODO platform among users. Moreover, the team has announced the debut…
The Magic of Books: Unleashing Imagination and Knowledge Welcome to our blog post about the magic of books. In an era dominated by technology and digital media, there is a renewed appreciation for the humble book. This versatile medium has the power to transport us to new worlds, expand our knowledge, and ignite our creativity….
Polkadot Makes a Splash at Token2049 with $400K Investment: At the recent Token2049 conference in Hong Kong, Polkadot, the up-and-coming blockchain platform, made a game-changing presence with an impressive investment of $400,000. This move by Polkadot signified their commitment to the blockchain ecosystem and captured the attention of many attendees. A Strong Showing at Token2049…
Stand With Crypto PAC Strips Kamala Harris of Her ‘B’ Rating: An In-Depth Analysis of the Implications for Cryptocurrency Background The cryptocurrency community was taken aback when it was announced that Sen. Kamala Harris (D-CA) had received a ‘B’ rating from the link, an organization that advocates for the interests of crypto enthusiasts and blockchain…
