Category: Latest news

[ad_1] GAM3S.GG, formerly Polkastarter Gaming, has unveiled it will launch a Web3 cloud gaming platform in partnership with Aethir amid an ambitious roadmap for 2024, emphasizing significant advancements in web3 gaming. The roadmap highlights several key initiatives to enhance user experience and drive the adoption of web3 gaming. In the second quarter of 2024, GAM3S.GG…

[ad_1] OP3N has announced the launch of the first-ever Web3 Content Creator House in Portugal in collaboration with Avalanche and AvaxDAO. The OP3N House Lisbon, powered by Avalanche, will operate from May 28 to June 2 during NFC Lisbon. This initiative marks a cultural milestone in Web3 content creation, aiming to foster collaboration among leading…

[ad_1] Vitalik Buterin, co-founder of Ethereum, has voiced his concerns regarding the rapid development of superintelligent AI and the concentration of power within the AI industry. In a recent statement, Buterin emphasized the risks associated with superintelligent AI and cautioned against rushing into its development. He specifically opposed allocating $7 trillion for server farms, referencing…

[ad_1] Inferno Drainer, a notorious crypto wallet-draining kit provider, has resumed operations after abruptly shutting down last November, according to a May 20 screenshot shared by crypto security expert Plumferno. Web3 anti-scam firm Scam Sniffer also verified this information, noting a recent surge in phishing sites using Inferno Drainer’s services. Last November, the “scam-as-a-service” provider…

[ad_1] The US Securities and Exchange Commission (SEC) has objected to Ripple’s attempt to redact evidence in their remedies briefing, according to a court filing on May 20. While the SEC acknowledges Ripple’s right to seal certain exhibits, it argues that Ripple’s move to conceal financial and securities sales information is unlawful. The SEC contends…

[ad_1] The SEC could approve a spot Ethereum ETF as early as this week, marking a significant shift in regulatory stance. Bloomberg analysts Eric Balchunas and James Seyffart have increased their odds of approval to 75%, up from 25%, citing recent chatter and the SEC’s request for revised 19b-4 filings by 10 am Tuesday. This…

[ad_1] Quick Take Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) saw a staggering $237.2 million inflow on May 20. Six of the 11 ETF issuers experienced significant inflows, with Ark ARKB leading the pack with a $68.3 million inflow, bringing its total net inflow to an impressive $2.6 billion. BlackRock IBIT followed closely…

[ad_1] An unknown attacker exploited the blockchain gaming project Gala Games on May 20 for approximately $200 million, according to reports. Solidity developer 0xquit said the attacker minted 5 billion GALA tokens through an admin address, noting that an external hacker or rogue address owner could be responsible. 0xquit stated that the attacker can mint…

[ad_1] The SEC has asked spot Ethereum ETF applicants to update their 19-b4 filings, leading to greater optimism around potential approvals, according to sources. Bloomberg ETF analyst Eric Balchunas said on May 20 that the SEC could reverse its expected stance and choose not to deny the pending applications. He cited ETF Store President Nate…

[ad_1] Quick Take Metaplanet Inc. is taking a bold step towards embracing Bitcoin as part of its corporate strategy. On April 26, the company announced it had purchased up to 1 billion Yen worth of Bitcoin, outlining its approach to adopting the digital asset. The market has responded favorably to Metaplanet’s Bitcoin move. As of…