Blockchain

Cosmos is now making sure their system won’t share the same fate as the BNB Chain that was drained of $100 million worth of tokens in a hacker attack last week. On October 13th, Ethan Buchman, co-founder of the Cosmos inter-blockchain communication (IBC) ecosystem, revealed a major security weak point that…

Web3 is taking blockchain mainstream and next level with its decentralization system in play. Web3 Tokens have a general market capitalization of $23,027,072,766 and a growing total trading volume of $2,224,306,997. Note: The tokens are ordered by their market capitalization from lowest to highest. TenUp (TUP) Unit Price: $0.02616 Market…

Source: AdobeStock / daboostGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Legal newsA US Judge has ordered that law firm Roche Freedman step down as lead counsel in a class action lawsuit against the USDT…

In a new partnership with the Commonwealth of Dominica, Tron , the decentralized, open-source blockchain, was announced as the preferred blockchain of the Commonwealth of Dominica to develop and issue the Dominica Coin (DMC). Since the announcement was made, TRX, the native coin of the Tron blockchain, recorded some traction.…

When Solana (SOL) launched a little more than two years ago, the blockchain network held a lot of promise. Now, it has become canon fodder for social media banter. Observers quipped that Solana has more power cuts than what is expected for the U.K this winter. So, did one of…

October 12, 2022 by Lipika Deka Ripple’s On-Demand Liquidity , which is powered by XRP has teamed up with Lemonway, a payment service with headquarters in Paris, to “improve its treasury payments operations,” according to an announcement made by the company. The blockchain payment firm also announced a second new…

Source: UnsplashOn-chain data from the Terra blockchain suggests that Terra founder Do Kwon, who is wanted by South Korean police, is still cashing out from his “shadow wallets.” The claim that Do Kwon is still cashing out was shared on Twitter by the pseudonymous user FatMan, a popular Twitter user…

FTX CEO Sam Bankman-Fried denied reports that he helped Tron founder Justin Sun acquire crypto exchange Huobi Global. Reporter Wu Blockchain published the report alleging that Sun acquired the exchange.Wu Blockhain said that Justin Sun was a core investor in About Capital Management, which has a majority stake in Huobi…

Reading Time: 2 minutes In 2017, P08 planned to turn sunken treasure into NFTs The project has been abandoned after taking $1 million in investment in 2019 P08 seems to have been in deep waters from the very start In 2017, an ambitious effort to put treasure from sunken ships…

An exploit of a bug in the Binance-run blockchain network, BNB Chain, allowed a hacker to ‘trick’ the BNB Chain’s BSC Token Hub bridge into sending them roughly US$560 million worth of BNB tokens. This incident renewed concerns involving the security of cross-chain bridges. The Binance team responded by suspending…