Web3 firm sees future where gamers rent out their in-game assets for crypto
Imagine a future where a player is able to rent an in-game item via blockchain, giving them tools to pass a difficult level, or borrow an NFT that gives them the…
SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy
The token of decentralized finance protocol SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy.Safemoon officially applied for…
Throw money at tech-forward politicians
Venture capital firm Andreessen Horowitz (a16z) is hoping to push pro-crypto and AI regulation forward with seemingly new strategy: Throwing money at…
Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments.
South Korean Web3 firm raises $140 million …
Security engineer pleads guilty to Nirvana Finance exploit and one other hack
A software engineer pleaded guilty to one count of computer fraud in connection with the hacking Nirvana Finance and an unnamed decentralized cryptocurrency…
US energy NGO warns of overwhelming demand, as ERCOT considers crypto proposals
The North American Electric Reliability Corporation (NERC), a nonprofit corporation that oversees regional organizations that support energy reliability, has…
Ledger CEO explains hack, calls it ‘isolated incident’
Ledger CEO Pascal Gauthier has addressed the Dec. 14 hack of the wallet provider’s hack in a post on the company’s blog. He said the hack of Ledger’s Javascript…
Cardano (ADA), Solana (SOL) and Polkadot (DOT) soar — Is it altseason?
Bitcoin (BTC) faced a sharp correction on Dec. 11 plummeting as much as 8% to a four-month low at $40,150, wiping out the gains of the past seven days. This drop…
Decentralized applications pause Ledger Connect as exploit fix deployed
More decentralized applications (DApps) have temporarily disabled their front-end user interface for Ledger Connect amid an exploit on Dec. 14.Developers of the…
Crypto catfishers ditch fake exchanges for approval phishing scams
Crypto romance scammers — a cohort of crypto-stealing smooth-talkers — appear to have a new trick up their sleeves: targeted approval phishing.In a Dec. 14 report…