Making secure cross-chain bridges is not easy work, as Axie Infinity’s developers Sky Mavis found out. The leading GameFi protocol runs on the Ronin blockchain, which is optimized for gaming. On March 23rd, the Ethereum side of the Ronin bridge was hacked, for the loss of 173,600 ETH and 25.2 million USDC (~$545 million total … Read more
When you keep your coins on Coinbase, Binance, Crypto.com, and all other centralized exchanges you leave them vulnerable to bad actors. Worst part of all? You don’t own the coins, the exchange does because the exchange has your keys. If you’re serious about crypto you need a hardware wallet. “Not Your Keys, Not Your Coins.”
The Bank for International Settlements had their annual Innovation Summit this week. Here is a background summary of the BIS, their intentions for CBDCs, and the ongoing project that is setting the stage.
The FED increased interest rates for the first time since 2018. Pointing toward an aggressive rate hike schedule.
Avalanche Multiverse and Defi Kingdoms: Crystalvale The Avalanche Foundation recently announced the Avalanche Multiverse, a $290MM incentive program aimed at accelerating the growth of Avalanche subnets. The first recipient of these incentives is none other than the popular GameFi dApp Defi Kingdoms. In December 2021, after it had already become the most popular dApp on … Read more
A summary of the Executive Order that came from Biden today. There is incoming regulatory clarity, CBDC developments are serious, and the US wants to lead in crypto innovation.
Andre Cronje Abandons latest project and retires from crypto. Cronje is considered one of the founders of DeFi and this latest move comes as..
Twitter user Tree_of_Alpha earned 250k in the largest ever Coinbase Bug Bounty by finding a potentially “market-nuking” flaw. Tree_of_Alpha found an exploit in Coinbase’s Advanced Trading feature. This exploit allowed ANY person to sell ANY coin without owning it. Market-nuking indeed! The Discovery: Tinkering with UI Coinbase launched their advanced trading platform on November 3, 2021. The purpose was to integrate sophisticated … Read more
PulseChain is an upcoming hard fork of Ethereum from the founder of HEX. Is this the largest airdrop ever or a money-grab by the…
Justin Trudeau and Parliament of Canada enact the Emergencies Act, enabling the freeze and suspension of Canadian bank accounts. Crypto has never looked brighter.