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NFT & DEFI
Multiparty computation could offer increased protection for crypto wallets
Multiparty computation (MPC) is a type of cryptographic protocol that allows multiple parties to jointly compute a function over their inputs without revealing those inputs to each other. MPC can be useful when parties want to compute…
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Woo Network (WOO) Surges 20% as Project Announces Major Coin Burn
Woo Network is a DeFi liquidity provider for institutional platforms and has attracted equity investments from backers like Binance.
Revamped Tokenomics for Woo
The Woo Network tokenomics revamp involves a series of…
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Magic Eden Blames Unsavory Pics on Third-Party Breach
Solana’s largest non-fungible token marketplace Magic Eden recently found itself in a bizarre situation after the platform displayed pornographic images and stills from the award-winning comedy series The Big Bang Theory…
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Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA
The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company also has the Proof Collective and Oddities NFT collections in its catalog. Announcing…
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OpenAI will lead to better art and narration in Web3 games — Immutable exec
The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But during the 2021 crypto bull market and subsequent crash of 2022, many of the games in this…
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$1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes
Cryptocurrency firms struggled greatly in 2022, with multiple companies facing financial issues and bankruptcy. In addition to these challenges, over $3 billion was stolen from crypto projects this year, according to…
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Magic Eden to Reimburse Users Tricked into Buying Counterfeit NFTs
Magic Eden revealed that it will refund all the users who mistakenly bought unverified NFTs that showed up on the collection pages as a result of a recent breach.
In a statement, the Solana-based NFT marketplace said…
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Celebs who got burned endorsing crypto and those that got away with it
Celebrities had a shaky year promoting crypto firms and projects throughout 2022. Many found themselves named in lawsuits over their alleged promotion of since-failed projects, while others have been relentlessly mocked on social media…
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Users need to go under the engine in Web3 — HashEx CEO
Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else. Due to the complexity and the “cool factor” of Web3 projects, one can easily — and mistakenly…
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DeFi Protocol Lido Reaches $5.9B in TVL Dethroning MakerDAO
Leading decentralized lending protocol MakerDAO has lost its dominance in the DeFi market as liquid staking protocol Lido Finance claimed the top spot with the highest total value locked (TVL).
According to data from the…
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