The cryptocurrency protocol “Jimbo’s Protocol” has reported a loss of 4,090 ETH, equivalent to approximately $7.5 million at the current Ethereum price. This significant breach was not the result of typical hacking strategies, but a flaw within the protocol itself — specifically, a lack of slippage control in liquidity-shifting operations. To understand this, we must first define […]
The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry. Dubbed the “Web3 Innovation and Development White Paper,” the paper was unveiled at the Zhongguancun Forum by the Beijing Municipal Science and Technology Commission, also known as the Administrative Commission of […]
.SWOOSH, a web3 platform developed by the popular sports brand Nike, has already generated more than $1 million in sales from its first sneaker-themed non-fungible token (NFT) collection. The strong sales number indicates that despite some early technical issues and delays, the demand for well-designed shoes in the metaverse is healthy. “We ran into an […]
Neuralink, the brain implant company founded by Elon Musk, has gotten approval from the U.S. Food and Drug Administration (FDA) to launch its first-in-human clinical study. This is according to an announcement from the company Thursday. Musk has said since 2019 that Neuralink will soon be able to begin human trials. Now, with approval from […]
He may well be one of the most divisive figures in American history and nearly gravitational in societal discourse. Moreover, it was that status that made the arrival of President Donald Trump’s collection of non-fungible tokens so interesting. So, following their arrival and subsequent sell-out, we tell you how to buy a Donald Trump NFT. The […]
Recent market updates reveal that crypto exchange OKX targets France as its European regional hub. Moreover, the trading company plans to employ 100 individuals within three years. That comes as the exchange seeks to join other (74) firms that have already acquired certification from the nation’s AMF (Financial Markets Authority). The trading company has applied to become […]
The BRICS alliance is looking to create a new currency to settle international trade and dethrone the U.S. dollar from its global status. If the new BRICS currency gains the trust of other countries, the U.S. dollar could be the first to fall. The global financial power will shift from the West to the East […]
A recent leak suggested that GTA 6 will be the most expensive game ever made. The leak highlights that Rockstar Games’ parent company Take-Two Interactive is building the next version of the most-awaited game at a budget between $1 billion and $2 billion. The budget surpasses Cyberpunk 2077 at $330 million, Destiny 2 at $500 million, and […]
The tech giant Microsoft has stated that Chinese government-backed hackers have attacked and compromised critical US infrastructure. Moreover, the company stated that the attack targeted several different sectors and was intended to gather intelligence. Microsoft issued an official advisory regarding a hacker group named Volt Typhoon. Subsequently, the Chinese collective has been operating since the middle of 2021 and […]
There are a host of special days commemorated by people from the crypto space. April 1, for instance, is one of the most awaited days as community members get to play around with their puns and toss unrealistic predictions on account of April Fools’. April 20, or 4/20 has its own significance. On one hand, […]