The Ronin Network made headlines recently after experiencing a loss of $10 million worth of ETH in a hacking incident, adding to the list of Web3 hacks in 2024. This gaming blockchain platform lost 4000 ETH in the breach. Despite the severity of the situation, there was a positive outcome that is not typically associated
As the crypto market continues to be unpredictable, one trader has made a bold and optimistic prediction for Bitcoin. Despite the recent crash below $50,000, Peter Brandt believes that the pioneer cryptocurrency could skyrocket to new all-time highs of $90,000. This surprising projection challenges traditional market analyses and emphasizes the importance of staying open to
The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s motion to compel additional discovery in their ongoing legal battle. The SEC has argued that Coinbase’s requests for documents are not only irrelevant but also overly burdensome. In a memorandum filed on Aug. 5, the SEC made it clear that it
Captain Laserhawk; The G.A.M.E. is a groundbreaking collaboration between Ubisoft Labs, Arbitrum Foundation, and Sequence that aims to revolutionize the way we experience gaming. Drawing inspiration from the Netflix animated series “Captain Laserhawk; A Blood Dragon Remix,” this game takes players on a journey through a unique transmedia universe. By merging gaming with Web3 technologies,
Binance CEO Richard Teng recently disclosed that the exchange experienced record inflows and one of its highest trading volumes this year. Amidst the macroeconomic climate and market downturn on August 5th, Binance saw a net inflow of $1.2 billion in the past 24 hours, according to DefiLlama’s CEX Transparency metrics. This surge in inflows is
The spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have seen a significant increase in daily trading volume, surpassing $5 billion on August 5th. This surge in trading volume marks the first time since mid-April that such high numbers have been reached. Contributors to Trading Volume According to DefiLlama data, BlackRock’s IBIT ETF
Supervillain Wanted has taken the gaming world by storm with its innovative play-to-earn approach. This game, developed by Supervillain Labs, has managed to attract a significant amount of attention from both the gaming and blockchain communities since its launch. With over 100,000 downloads within just a few hours of its release, Supervillain Wanted is proving
The crypto market has made a remarkable recovery after experiencing a significant downturn that saw $500 billion wiped out in less than a week. This drastic decrease caused the total market capitalization to fall to $1.83 trillion on August 5, driven by Bitcoin’s drop below $50,000 and Ethereum’s decline to below $2,200. However, the market
Cardano is on the brink of a significant transformation with the upcoming Chang hard fork, which will usher in the Voltaire era and introduce on-chain governance. This upgrade marks a crucial step towards achieving full decentralization within the Cardano blockchain ecosystem. Cardano’s development is structured into distinct phases, also known as eras, each named after
The global crypto market has been experiencing a downward trend since July, with the overall crypto market cap dropping from $2.7 trillion in May to $2.5 trillion. Many cryptocurrencies have been affected by this bearish trend, facing challenges in maintaining their market value and user engagement. In contrast to the broader market setbacks, Cardano (ADA),
