Wednesday, October 21

Blockchain & DeFi

THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15

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Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s

Google Cloud has unveiled its latest initiative, a Web3 portal tailored to blockchain developers, featuring datasets and tutorials on creating non-fungible tokens (NFTs). However, the reception within the cryptocurrency sphere has been mixed, with voices from both ends of the

A recent analysis sheds light on the pervasive issue of pump-and-dump schemes within the decentralized finance (DeFi) sector, highlighting the alarming prevalence of market manipulation. These schemes, characterized by orchestrated price hikes followed by abrupt sell-offs, have reportedly generated substantial

WEMIX, a leading blockchain developer from Korea, has joined hands with Hub71, a prominent tech ecosystem in Abu Dhabi, to bolster the global blockchain startup scene. This collaboration, marked by a Memorandum of Understanding, aims to foster growth opportunities for

DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and purchase agreement (SPA) with REIT Development to establish the largest precious metals refinery and storage facility

Prior to 2019, ICO’s were the significant method of implementing cryptocurrencies into the financial marketplace. This trend soon moved towards blockchain based cryptocurrency in 2020. DeFi, or decentralized finance, is the next phase of digital finance and a global trend