Category: Latest news
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Ripple starts testing XRPL sidechain compatible with Ethereum
[ad_1] Peersyt Technology has launched a sidechain that integrates Ethereum Virtual Machine (EVM) into Ripple’s XRP Ledger (XRPL). The sidechain is available on XRPL Devnet for developers to start testing before it goes live. 📢Thrilled to announce the launch of the first #XRPL #Sidechain compatible with #EVM!🔗 This #Devnet version with its #Explorer and #Bridge…
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Bitcoin Association pursuing criminal charges against miner mining empty blocks
[ad_1] Bitcoin Association, a non-profit responsible for the Bitcoin SV (BSV) blockchain, has revealed intentions to freeze block rewards and sue a malicious miner for breach of contract, according to an Oct 16 press statement. According to the Association, the said miner has been acting maliciously on the BSV chain since June, when he started…
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Quant rises over $200 after surging 100% in 30 days
[ad_1] Quant Network’s QNT token is one of the best-performing digital assets in the crypto market, as its value has surged by over 100% to $216.54 in the last 30 days. The native token of the interoperability-focused blockchain network has enjoyed a string of positive performances, culminating in being Oct. 17’s top gainer, according to…
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LiveArtX official wallet compromised, NFT collection down 95%
[ad_1] One of LiveArtX‘s official wallets has been compromised around 19:00 UTC on Oct. 16, according to Wu Blockchain. LiveArtX is an NFT platform that is known for its NFT line Seven Treasures. The platform recently received over $4.5 million in strategic investment from various investors, including Animoca Brands, BNB Chain Fund, and KuCoin. Soon…
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Mango Market exploiter says action was ‘legal’
[ad_1] Avraham Eisenberg stated that he was the brain behind the $114 million Mango Market exploit, adding that his actions were legal. Statement on recent events: I was involved with a team that operated a highly profitable trading strategy last week. — Avraham Eisenberg (@avi_eisen) October 15, 2022 In an Oct. 15 tweet, Eisenberg said…
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September 2022 GameFi Report
[ad_1] After a late-summer rally, the crypto markets pulled back in September, bringing many metrics related to the health of the GameFi industry down with it. The amount of volume passing through GameFi protocols reached historic lows Investment still remained sideway Very few new GameFi projects were launched On the other hand, the number of…
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Cosmos, Osmosis to deploy patch on all major public IBC chains to fix potential exploit
[ad_1] Cosmos co-founder Ethan Buchman announced that a patch would be deployed on all major public Inter-Blockchain Communication (IBC)-enabled chains by tomorrow after they identified a vulnerability that may lead to a potential exploit via a blog post on Oct. 13. The announcement of the patch deployment deadline comes after the core members of Cosmos…
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Mango Markets DAO set to approve $47 million bounty for hacker
[ad_1] A governance proposal seeking to pay up to $47 million to the Mango Markets hacker is set to be approved as it reaches an approval quorum of over 96%. Following the Mango Markets hack of Oct. 12, the hacker submitted a proposal asking the project to use up to $70 million from its treasury…
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Fed Governor Christopher Waller is against US CBDC; Tether gets rid of commercial paper reserves
[ad_1] The biggest news in the cryptoverse for Oct. 14 includes Tether reducing commercial paper reserves to zero, Bitcoin surging above $19,000 following a decline after CPI data and Mango Markets voting to approve a $47 million bounty for the hacker behind its $100 million exploit. Tether reduces commercial paper reserves for USDT to zero…
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Several crypto exchanges reportedly block Russian users because of EU sanctions
[ad_1] Several crypto platforms like Blockchain.com, Crypto.com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new European Union sanctions. Media reports said that Blockchain.com gave its Russian users until Oct. 27 to withdraw all of their funds, after which their accounts would be blocked. The crypto company said that its…