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NFT & DEFI
‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations
Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.”Davis was responding to a Twitter thread posted by Zach on…
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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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Walmart steps into the Metaverse, @NFT founder hacked and more
American retail giant Walmart has taken its first steps into the Metaverse with the launch of Walmart Land and Walmart's Universe of Play on Roblox.According to the company's Monday announcement, Walmart Land focuses on "immersive…
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Disney seeks corporate lawyer for ’emerging technologies’ and NFTs
The Walt Disney Company could be on the verge of expanding into the crypto space after posting a new job for an “experienced corporate attorney” to work on “emerging technologies” such as nonfungible tokens (NFTs) and the Metaverse. …
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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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Web3 Games and Metaverse Projects Raised $748 Million in August (Report)
According to a report by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects raised $748 million since August 1, 2022. Last month, on average, 847,000 daily Unique Active Wallets…
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Many NFT projects lack adequate smart contract testing, says nameless founder
Jimmy McNelis, the founder of Web3 tech firm nameless, says there are too many NFT projects rushing to market without proper smart contract testing — potentially leading to millions lost. Speaking with Cointelegraph, McNelis suggested…
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JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’
While testifying before United States (U.S.) lawmakers, JPMorgan Chase CEO Jamie Dimon referred to himself as a “major skeptic” on “crypto tokens that you call currency like Bitcoin,” labeling them as “decentralized Ponzi schemes.”Dimon…
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Arbitrum Rewards Hacker With 400 ETH For Detecting a Critical $400M Vulnerability
On September 19, Arbitrum, one of the most popular Layer 2 solutions for Ethereum, paid 400 ETH (about $560,000) to a white hat hacker who found a potential vulnerability in its code.
The white hat hacker, known on…
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