Archived Posts

On March 13, 2023, the Ethereum blockchain-focused borrowing and lending firm Euler Finance suffered losses due to a flash loan cyberattack. According to Chainalysis, in February 2023, additional platforms including dForce and Platypus were also hit. The company incurred a $200 million loss in USDC, wrapped Bitcoin (wBTC), staked Ether (stETH), and DAI, according to   Read more...

After the approval of a governance proposal, the decentralized exchange Uniswap has gone live on BNB Chain, the smart contract blockchain network developed by Binance. This represents a major landmark in the development and implementation of decentralized finance (DeFi) within the cryptocurrency environment. Over 55 million Uniswap (UNI) token holders voted in support of 0x   Read more...

Arivu is a Blockchain-as-a-Service (BaaS) provider that focuses on ESG (Environmental, Social, and Governance) documentation authentication, and Concordium has announced a partnership with them. By offering enterprises validated ESG information, proof, and reliability, the collaboration intends to combat the growing problem of greenwashing. Arivu’s software harnesses blockchain authentication to lower expenses and limit activity related   Read more...

Mysten Labs, a vendor of Web 3 services and the developer of the Sui Layer 1 blockchain, has entered into a partnership with BlueJay Games. The video game publisher will deploy its Web3 game – Arcade Champion – for smartphones and on the Sui blockchain as a consequence of this partnership. BlueJay Games is a   Read more...

Zeeve, a leading vendor of Web3 framework recently added support for Aptos, a Layer1 blockchain that is extremely scalable and upgradeable, into its infrastructure. With this pairing, coders can use lightning-fast APIs and install dependable Aptos coder and validator node servers on their preferred cloud. The deployment of the BFT consensus system and the utilization   Read more...

KT Corporation has released its metaverse platform, the “Genieverse.” By incorporating adaptive AI platform technology, the organization intends to include additional content to this virtual world, such as artificial intelligence (AI) motion dance and AI avatar messages. In the virtual realm, KT’s Genieverse is capable of rendering any housing framework a reality, and this represents   Read more...

Krafton Inc., the foremost video game developer in South Korea, has partnered with Naver Z Corp. to develop an online world for global consumers in the coming months. The JV, known as Project Migaloo, will operate Persistent World, an online world in the metaverse where consumers can develop digital information and exchange it using NFTs.   Read more...

Wemade Co., Ltd. (KOSDAQ: 112040) has recently revealed an alliance with Space and Time. (SxT). Wemade will be able to leverage Space and Time’s decentralized array of developer resources to enable its blockchain and gaming offerings. Wemade Co., Ltd has a market capitalization of $1.4 billion and offers over 20 play-to-earn (P2E) titles spanning all   Read more...

Meta’s involvement in digital items on Facebook and Instagram will come to an end. According to an article by The Verge, Meta will stop testing the minting and sale of non-fungible tokens (NFTs) on Instagram. Customers will no longer be able to distribute NFTs on Facebook and Instagram. The organization will concentrate on “other methods   Read more...