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NFT & DEFI
Puma Launches Its First Metaverse Experience With NFT Shoes. Can It Compete Against Nike?
On September 7, Puma, one of the world’s leading sports brands, announced the launch of “Black Station,” its first interactive metaverse experience, during the New York Fashion Week.
According to the company’s press…
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MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasurys and corporate bonds in an effort to provide the protocol low-risk additional yield.
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Binance Smart Chain Paused Following $600 Million BNB Hack (Report)
Binance has announced a pause across the entire Binance Smart Chain (BSC or BNB Chain) following what appears to be one of the largest exploits in DeFi history.
An attacker has reportedly hacked another BNB chain user…
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Horizon Blockchain Games Raises $40 Million From Ubisoft, Take-Two and Other Investors
As NFT games boom, the traditional video game industry is starting to take an interest in Web3 development, investing large sums of money in blockchain gaming companies.
On October 04, Horizon Blockchain Games, a startup…
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DataVault requests US election agency’s advice to send NFTs as a campaign fundraising…
The legal team behind nonfungible token firm DataVault Holdings has requested an advisory opinion from the United States Federal Election Commission on using NFTs for fundraising efforts.In a Sept. 21 letter to FEC acting general counsel…
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Web3 is the solution to Uber’s problem with hackers
Uber is a staple of the gig economy, for better or worse, and a disruptor that once sent shockwaves throughout the mobility space. Now, however, Uber is being taken for a ride. The company is handling a reportedly far-reaching…
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How a Bot Gained and Lost Over $1 Million of ETH in One Night
On Tuesday night, an Ethereum MEV bot gained 800 ETH through the use of clever arbitrage, only to lose all of it and more to a hacker an hour later.
Here’s how the situation played out on-chain:
The event began with a…
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NFT Sharing Feature Now Available to All US-Based Facebook and Instagram Users
Major social media platform Meta has now enabled the NFT sharing feature for all Facebook and Instagram users in the United States, as well as allowing them to connect their wallets.
Also, creators and collectors across…
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The feds are coming for the metaverse — from Axie Infinity to Bored Apes
The metaverse is a futuristic iteration of the internet, featuring a digital economy and an immersive virtual environment alongside other interactive features. This relatively nascent space has gained so much traction in recent years…
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Acala Resumes Operations After Printing Over $3B in Stablecoins by Mistake
Some blockchain projects have to deal with hackers, and others, like Acala, have to deal with their own developers. A “human error” a few weeks ago almost killed the whole project. Still, thanks to the mutual effort of…
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