TechnologyIn July, there was a major security breach in the cryptocurrency ecosystem, resulting in a total loss of over $266 million. These losses occurred as a result of 16 separate attacks, the most important of which targeted the Indian crypto exchange WazirX.
Aug 1, 2024TechnologyIn recent years, stablecoins have become important buyers of US government debt at a time when anti-dollarization trends are increasing. This makes the integration of the cryptocurrency market with the traditional financial system even more important and expands the role of stablecoins in the financial ecosystem.
Jul 31, 2024TechnologyJeffrey Zirlin, co-founder of Sky Mavis, made important statements about the Ronin network, emphasizing how this network has managed to create a strong community since the launch of Axie Infinity.
Jul 31, 2024TechnologyThe recent halt in the Terra blockchain caused great repercussions in the crypto world and caused a significant drop in the value of ASTRO tokens.
Jul 31, 2024TechnologyThe “Wonderful Seven” — a group of high-performing tech stocks like Nvidia and Microsoft — have lost $2.6 trillion in total market value over 20 days as they approach a high-profile earnings reporting week.
Jul 31, 2024TechnologyOn July 30, 2024, Ethereum celebrates its ninth anniversary. At this particular milestone, a series of key insights have been put forth to assess Ethereum's transformative journey and share insights from leading executives in the industry.
Jul 30, 2024TechnologyThe cost of storing data directly on the blockchain is extremely high for most users, resulting in over-reliance on traditional information technology (IT) systems.
Jul 30, 2024TechnologyPixels CEO Luke Barwikowski explains that unlike Web2 game companies allocating huge budgets on advertising spend, Web3 games can focus on directly rewarding players.
Jul 30, 2024TechnologyThe blockchain world is constantly being shaped by innovative developments, and these developments excite industry players and investors.
Jul 30, 2024TechnologyRonin blockchain achieved great success in the number of daily active users (DAU) on July 29, surpassing all other blockchains and reaching two million DAU. This significant development marks major milestones and user growth in the Ronin network's gaming-focused ecosystem.
Jul 29, 2024TechnologyAugust is shaping up to be a major token launch month, with around $1.5 billion worth of tokens expected to be released.
Jul 29, 2024TechnologySlovenia has achieved an important milestone in the financial world by issuing the Eurozone's first sovereign digital bond. This historic step was achieved using the tokenized cash solution of French banking giant BNP Paribas and Banque de France.
Jul 26, 2024TechnologyPaolo Ardoino, Tether's CEO, is concerned that Europe's MiCA (Markets for Crypto-Assets) regulations could pose systemic risks for banks due to excessive cash reserves requirements.
Jul 26, 2024TechnologyReal world assets can tokenize anything, or at least that's what Kinto thinks.
Jul 26, 2024TechnologyKori Leon, co-founder of Pixelverse, stated that their organization has taken a different approach to the gaming world and aims to build a strong user base by avoiding “unrealistic” promises. These statements provide an important perspective on the challenges facing the gaming industry, and Web3-based games in particular.
Jul 26, 2024TechnologyAccording to Bitget Wallet's COO, Web3 wallet availability remains a significant hurdle in cryptocurrency adoption.
Jul 26, 2024TechnologyFireblocks, as its Web3 infrastructure platform, has introduced a new set of tools that offer tailored solutions for startups, as early-stage blockchain initiatives are rapidly increasing.
Jul 25, 2024TechnologyBlockchain startup Chainbase has formed a strategic partnership with Chinese cloud provider Alibaba Cloud to reduce the operational costs of decentralized data distribution efforts and increase its technological capacity.
Jul 25, 2024