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NFT & DEFI
Mango Market’s DAO forum set to approve $47M settlement with hacker
Following a $117 million exploit on Oct. 11, the Mango Markets community is set to make a deal with its hacker, allowing the hacker to keep $47 million as a bug bounty, according to the decentralized finance (DeFI) protocol governance…
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Uptober Turns to Hacktober as Crypto Exploits Skyrocket
With data pointing to a potentially bullish month for Bitcoin, speculators are calling it “Uptober.” After September’s “Rektember,” investors typically look forward to October, which has historically been kinder to the…
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Here’s How Much Eminem and Neymar Are Down on Their NFT Investments
The diminishing interest in NFTs and the plunge in trading volumes have severely affected the soccer star – Neymar Jr. – and the renowned rapper – Eminem in terms of their digital art purchases.
At the beginning of the…
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Dapper Labs suspends Russian accounts after new EU sanctions
The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law.
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DeFi needs appropriate regulation before moving to retail, says Fed chair: Finance Redefined
The majority of the top 100 DeFi tokens had a mixed week, with several tokens trading in the green on weekly charts and with the total value locked seeing a minor increase of $4 billion.
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Bitcoin Defi Protocol Sovryn Gets Hacked for Over $1 Million
Sovryn – a Bitcoin-based decentralized finance protocol – was drained of over $1 million in funds on Tuesday using a price manipulation exploit.
The attack allowed the culprit to drain over $1 million worth of crypto…
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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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