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Blockchain
Solana-based protocol seeking to decentralize ride-sharing raises $9M
The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching…
Team Finance exploited for $14.5M during protocol migration despite contract audit
On Oct. 27, decentralized finance (DeFi) lockup protocol Team Finance said that over $14.5 million worth of tokens were exploited through the Uniswap v2 to v3…
Telegram launches marketplace to auction rare username handles
The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The…
Why the battle for low or no transaction fees really matters
During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May —…
Coinbase, Alameda-backed Mara launches African crypto wallet service
Some 2 million users in Nigeria and Kenya are set to be onboarded to a new cryptocurrency wallet backed by the likes of Coinbase Ventures and Alameda Research. …
Silicon Valley tech CEOs are not big fans of metaverses
During a Wall Street Journal event, Microsoft gaming chief Phil Spencer and Snap CEO Evan Spiegel revealed that they are not big fans of the metaverse in its…
Kazakhstan to build central bank digital currency on BNB Chain
In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 endeavor.The…
Phishing scammer Monkey Drainer has pilfered as much as $1M in Ethereum
An alleged phishing scammer going by the pseudonym “Monkey Drainer” has reportedly swiped around $1 million worth of Ether (ETH) via dubious copycat NFT minting…
Asset management firm launches BTC Lightning Network startup accelerator
Asset management firm Stone Ridge, the parent company of Bitcoin company NYDIG, has launched the first startup accelerator that focuses on the Bitcoin Lightning…
Vast majority of blockchain energy studies ‘lack scientific rigor’
According to a new preprint conducted by researchers at the Open Universiteit, University of California Berkley, and Radboud University, the vast majority of…