The recent exploit of the Super Sushi Samurai blockchain game on layer-2 solution Blast has raised concerns within the cryptocurrency community. The exploit, carried out by a white hat hacker, resulted in a substantial loss of $4.6 million due to a bug in the game’s smart contract code. The vulnerability allowed the hacker to manipulate
Cardano’s price has been consolidating in the range of $0.61 to $0.64 since March 20, with indicators pointing towards a potential bearish reversal. While other cryptocurrencies like Solana and Avalanche have seen double-digit price gains, Cardano has lagged behind. On-chain data trends reveal a lack of defi activity on the Cardano network, with its smart
Despite the excitement surrounding the upcoming Bitcoin Halving, JPMorgan analysts have expressed a pessimistic view towards the future of the cryptocurrency. According to a recent report, they have raised concerns about potential further pullbacks in the price of Bitcoin. Their warnings are based on the recent net outflows recorded by Spot Bitcoin ETFs, indicating a
WisdomTree, a Bitcoin exchange-traded fund (ETF) issuer, recently received regulatory approval from the New York State Department of Financial Services (DFS) to operate its digital asset business in the state. This approval comes in the form of a charter allowing the company to operate as a limited-purpose trust company under the New York Banking Law.
In the fast-paced world of cryptocurrency, new projects are constantly emerging, each vying for attention and investment from the ever-growing community of crypto enthusiasts. One such project that has been making waves in the industry is 5thScape, the world’s first virtual and augmented reality cryptocurrency gaming ecosystem. With a focus on bleeding-edge Web 3 technologies,
The recent partnership between OKX and Immutable is set to make a significant impact on the Web3 gaming industry. By bringing a GameFi NFT launchpad to life and incorporating Immutable’s zkEVM chain into OKX’s Marketplace and Wallet, both companies are aiming to transform user interaction with NFTs and digital assets within gaming. The Collaboration The
Immutable Games has officially announced the upcoming global launch of Guild of Guardians, a mobile role-playing game that has been eagerly awaited by players worldwide. The game is set to be released on May 15th on both the Apple iOS App Store and Google’s Android Play Store, inviting players to immerse themselves in the mythical
The extradition drama surrounding Do Kwon, the co-founder of Terraform Labs, has taken another turn with the Appellate Court of Montenegro giving the green light for his extradition to South Korea. This decision comes after a series of appeals and back-and-forths regarding his fate. Kwon, along with Terraform Labs’ Chief Executive Officer, was arrested back
The recent surge in Bitcoin’s value, reaching the $67,000 mark, led to unexpected liquidations totaling approximately $300 million across major exchanges. Traders who had placed bets on a continued market decline were caught off guard by this sudden reversal. Data from Coinglass revealed that over 86,000 traders experienced losses exceeding $250 million within a 24-hour
An exciting newcomer in the world of cryptocurrency, $Scotty The AI, recently made its debut on the decentralized exchange Uniswap. The token, which initially launched at $0.01, quickly surged to $0.02597, marking a staggering 150% increase in value within half an hour of its launch. During the presale ICO, $Scotty tokens were available at a
