Key takeaways: US$8 million loss from the Synapse Protocol hack. The bridges are responsible for token switching and are at the centre of the Protocol. Synapse Protocol (SYN) is a fully decentralized cross-chain bridge notable for its native token, the…
Key takeaways: Local police authorities detained 31 people from Star Alliance, one of the world’s major Filecoin companies. The FIL and other cryptocurrencies confiscated were worth a total of $80 million in US currency. The anticipated cause of this occurrence…
Key takeaways: According to the Swedish Financial Supervisory Authority, Bitcoin and Ethereum mining or the proof of work endangers Paris Climate Agreement. Cryptocurrency mining consumes a lot of electricity. Thus some miners have switched to sustainable energy sources in the…
Key takeaways: The secret key used to manage the Polygon and BSC deployments was hacked, resulting in a financial loss. The Ethereum deployment is managed by the DAO and is unaffected. The private key controlling the Polygon and BSC deployments…
Key takeaways: Metamask will now display EIP 1155 NFTs for all gamers and NFT collectors in their latest mobile version (3.6.0). ERC-1155 is a one-of-a-kind token that may be used to hold both non-fungible (NFTs) and fungible tokens. MetaMask describes…
Key takeaways: Paytm might integrate bitcoin payments. According to CEO Madhur Deora BTC is a “gray area” in the Indian scenario Paytm is preparing for its first public offering (IPO), which is expected to take place in mid-November and might…
Key takeaways: Binance is investigating the SQUID crypto token’s crash to see if funds were involved in the dramatic 45,000% pump and dump a few days ago. Binance said it was tracing the transactions and will report its findings to…
Key takeaways: One of Thailand’s central banks, SCB secures a 51% stake in Bitkub. Bitkub is one of Thailand’s few approved cryptocurrency exchanges, with an extensive trade volume. As per the CEO of the bank, the acquisition will help the…
Key takeaways Today, an isolated incident of oracle manipulation on Fuse Pool #23 occurred. This affects Depositors in Vesper Lend beta (i.e., Rari Fuse Pool #23), participants in the Vesper Aggressive and Vesper Conservative Grow pools, and Participants in the…
Key takeaways: Warner Bros. to Release NFTs Avatars For The Matrix Resurrections. Beginning November 30, 2021, the 100,000 “Matrix” avatar NFTs will be sold for $50 apiece on Nifty’s social NFT platform. Nifty’s and Warner Bros. Consumer Products have stated…
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