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NFT & DEFI
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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Ripple and Armin van Buuren’s Armada Music to Launch an Album in the Metaverse
The blockchain company Ripple joined forces with the music integration platform Styngr and the record label Armada Music to release an exclusive album in Maladroids (a video game built on the XRP Ledger).
It is worth…
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Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club
On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club (BAYC).The group's statement included a laundry list of allegations…
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DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was created by…
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Crypto Market Maker Wintermute Hackers Drain $160M, Profanity Bug Suspected
UK-based crypto market maker Wintermute suffered a loss of approximately $160 million.
In a series of tweets, the company’s founder and chief executive, Evgeny Gaevoy, revealed that the decentralized finance operations…
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Japanese Mayors Awarded With NFTs for Excelling at Usage of Digital Technology
The Japanese government is handing out non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in utilizing digital technology to solve local issues as well as fostering the digital…
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