News

WazirX Hack Exposes Crypto Security Gaps: $235 Million Stolen

The WazirX hack resulted in a $235 million loss by compromising the exchange's Safe Multisig wallet. Safe multisig wallets improve security by requiring several private keys to enable transactions. The breach was funded using distributed protocols for private transactions, such as Tornado Cash, which complicates attempts to track the pilfers. Crypto hacks have been a...

Putin’s Concerns: Crypto Mining Threatens Russia’s Energy Security

Crypto mining in Russia ranks second worldwide, with at least 16 billion kilowatt-hours of electricity annually. President Vladimir Putin worries about uncontrolled crypto mining causing outages and energy...

Introducing Cardano CIP25 Metadata Validation, which Enhances NFTs

Cardano CIP25 metadata processing set to improve NFTs and AMMs. With Plutus smart contracts, you can create dynamic NFTs and play complex...

Innovative COLLE AI App Revolutionizes Mobile NFT Creation and Trading

The COLLE AI mobile app offers a powerful platform for NFT creation and trading directly from mobile devices, utilizing AI technology to streamline...

Chang Hard Fork Set to Decentralize Cardano’s $13 Billion Blockchain

Cardano will undergo the Chang hard fork, transferring control of the $13 billion blockchain to ADA holders. Once seventy percent of the validators...

Three Arrows Capital’s Wallet Resurrects Three-Year-Old NFT Bid

A wallet from failed hedge fund Three Arrows Capital (3AC) bought a Neon Village NFT with a three-year-old offer, sparking digital art market...

nWay’s Paris 2024 NFT Pins Commemorate Olympics with Digital Collectibles

Animoca Brands' nWay is launching exclusive Paris 2024 Mascot NFT digital pins for the Olympics. Magic Eden and My Olympic™ Rewards offer famous...

Vietnam’s Blockchain Education Enhanced by Tether’s New Strategic Partnership

Tether and the Vietnam Blockchain Association (VBA) are collaborating to advance AI and blockchain education in Vietnam. In 2023, Vietnam was the third-largest...

Italy Releases New Crypto Guidelines Amid MiCA Regulation Rollout

The publication of instructions for carrying out the EU MiCA crypto regulations is imminent by the Central Bank, introducing new Italy Crypto Guidelines. ...

TAC Revolutionizes TON Blockchain with Polygon’s Layer-2 Speed Boost

The TON Applications Chain (TAC) will transform the TON Blockchain ecosystem with its layer-2 network. Utilizing Polygon's technology, TAC boosts transaction speeds and...

Saudi Arabia Welcomes EXITS MENA’s New Fintech Joint Venture

EXITS MENA has launched a joint venture with prominent Saudi investors in Saudi Arabia to enhance the MENA entrepreneurial ecosystem and support startups...

Goldman Sachs Expands with Three Bold Tokenization Projects This Year

Three strategic tokenization projects by Goldman Sachs will focus on real-world assets like money market funds and real estate by the end of...

Rising Crypto Thefts: $1.38 Billion Lost in First Half 2024

TRM Labs data showed hackers looted crypto valued at $1.38 billion between Jan. 1 and June 24, more than double the $657 million...

ChainGPT Unveils Advanced AI NFT Generator with Crypto Payment Support

With significant upgrades to its AI NFT Generator, ChainGPT has improved user experience, quality, and customization. The new features include real-time collaborative NFT...

Zambia Unveils AI Framework, Pioneering Tech Future in Africa

The Zambia AI Framework promotes sustainable development, healthcare, education, and economic growth among its young population.   Zambia's Science and Technology Minister Felix Mutati...

Culture SZN by Linea: Nurturing NFT Talent and Forming Guilds

Linea launched Culture SZN to highlight 20 NFT creators and promote community engagement in the Web3 ecosystem. The initiative encourages users to...