Corporate finance accounting services firm, PwC Hong Kong unit, has purchased a digital plot of LAND in the decentralized, community-driven virtual world, The Sandbox metaverse.
Author: subhasish
Pavel Durov, the CEO of prominent social messaging application Telegram has expressed his optimism around the Telegram Open Network (TON) project after abandoning it almost a year ago due to mounting regulatory threats.
Phishing attack are becoming increasingly common. This time it was Hong Kong-based NFT project Monkey Kingdom that was at the receiving end of it. According to reports, the platform was hacked that resulted in a loss of over $1 million worth of cryptocurrencies.
SPACE metaverse platform has secured funding of $7 million led by prominent crypto-industry players like Animoca Brands and Dapper Labs.
Visor Finance, a DeFi protocol for active liquidity management, was hacked resulting in a loss of over $8 million worth of cryptocurrencies.
Leading cryptocurrency exchange, Kraken has acquired Staked, which is a non-custodial crypto staking platform, for an undisclosed amount.
Ethereum has finally launched the Kintsugi Testnet that aims to replace the Proof-of-Work (PoW) consensus mechanism with Proof-of-Stake (PoS).
Binance Labs, the investment arm of the prominent cryptocurrency giant Binance has led an investment round of $60 million for Multichain, an industry-leading cross-chain protocol.
DeFi project protocol Grim Finance faced a security breach that resulted in net losses of over $30 million. The attack is believed to be one of the largest in the Fantom Blockchain.
Legendary electronics retailer, RadioShack, is all geared up to venture into the crypto space with the launch of a DeFi protocol and an NFT collection.