Category: Latest news
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Can decentralized site IQ.wiki offer a better knowledge source for web3 than Wikipedia? #SlateCast 30
[ad_1] IQ.wiki, formerly Everipedia, has ambitions to shake up blockchain and cryptocurrency knowledge via open collaboration and the wiki-based editing process. Although Wikipedia is among the top ten most visited websites and a go-to source for information, recent times have uncovered a volley of criticisms, including the lack of methodical fact-checking, subjective notability standards, and…
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Nexo says ‘real time audit’ error caused by technical malfunction, will be fixed soon
[ad_1] Nexo responded to rumors of insolvency that sprang up on Nov. 16 after its website stopped displaying the real-time audit of its assets versus liabilities and said the attestation would be back up soon. A Nexo representative told CryptoSlate that similar oracle technical difficulties have happened in the past and it had already reached…
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SolChicksNFT CEO, COO leaked messages confirm up to $20M treasury fund loss
[ad_1] Newly leaked messages surfaced on Twitter earlier today revealing a discussion between the CEO, William Wu, and COO, Lewis Grafton of SolChicksNFT — migrated over from Catheon Gaming. According to blockchain detective, ZachXBT, the leaked messages between Wu and Grafton detail up to $20 million in treasury fund losses as a result of the…
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Messari estimates up to 50% of FTX user funds recoverable
[ad_1] FTX filed for Chapter 11 bankruptcy on Nov. 11 following days of intense speculation over the company’s financial health. Over this period, numerous allegations emerged that suggested FTX’s top brass were in over their heads. These include the criminal mismanagement of user funds, favorable treatment of trading arm Alameda, including “insider info” to front-run…
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DeFi protocol Oxygen held 95% of supply on FTX
[ad_1] Solana-based decentralized prime brokerage platform Oxygen Protocol revealed on Nov. 15 that 95% of its MAPS and OXY tokens supply were held on bankrupt crypto exchange FTX. 1/ The MAPS and Oxygen teams are shocked by events relating to FTX Group’s bankruptcy proceedings. — Oxygen – Decentralized Prime Brokerage (@Oxygen_protocol) November 15, 2022 The…
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FTX hacker is now one of the largest ETH holders
[ad_1] The hacker who used an exploit to steal funds from the now-bankrupt FTX has emerged as the 35th-largest owner of Ethereum, with a total of 228,523 ETH worth $284.82 million. The FTX exploiter, who has been dumping all other drained assets for ETH, is now one of the largest holders in the world, with…
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Paradigm writes off FTX investment; UK regulator investigating Binance on FTX’s demise
[ad_1] The biggest news in the cryptoverse for Nov. 15 includes UK lawmakers probing Binance over FTX collapse, on-chain sleuth ZachXBT calling out Gate.io for covering up 2018 hack, and Three Arrows Capital moving $20 million worth of ETH and stablecoins. UK Treasury Committee to probe Binance’s role in FTX collapse Leading crypto exchange Binance…
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Decentralized stablecoins are pitched as crypto’s holy grail, so where are they?
[ad_1] A large amount of the attention Bitcoin gets from the media is due to the crypto asset’s wild price fluctuations and while it has tended to become a bit less volatile over time, the fact that the bitcoin price in U.S. dollar terms is roughly a quarter of what it was last year is…
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100+ Web3 Games nominated at inaugural GAM3 AWARDS hosted by Polkastarter Gaming
[ad_1] Polkastarter Gaming will be hosting the inaugural GAM3 AWARDS on December 15 in search of the best web3 games across a full spectrum of genres and categories. The awards will focus on a gameplay-first approach highlighting the exciting new gameplay and item mechanics available through blockchain technology. While web3 gaming may have taken off…
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Bahamas supreme court appoints liquidators for FTX assets
[ad_1] Bahamas Securities Commission revealed that the country’s supreme court has approved the appointment of Kevin Cambridge and Peter Greaves of PricewaterhouseCoopers as the provisional liquidators of the assets of bankrupt crypto exchange FTX, according to a Nov. 14 press statement. The press statement revealed that Brian Simms was appointed the court-supervised provisional liquidator on…