Today, we have a fascinating crypto thriller to share with you. Imagine a normal Bitcoin transfer going wrong, costing a whopping $510,000 in transaction fees! I’m not sure what will get you to sit up straight in your virtual seat if it doesn’t. There is more to this story than just a monumental error; it…
Given that Coinbase’s Web3 wallet is an engineering marvel created to enable smooth interactions in the worlds of Web3, DeFi (Decentralised Finance), and NFTs (Non-Fungible Tokens). This cryptocurrency wallet uses MPC (Multi-Party Computation) technology at its core to give institutional clients a safe and user- friendly environment. Customers have access to a wide range of…
Atari, a pioneer in Web3 gaming, has issued a warning regarding the rapidly changing landscape of online gaming and the cryptocurrency world. The rise of play-to-earn games may be planting the seeds of conflict between gamers and the cryptocurrency community, according to none other than Nolan K. Bushnell, the founder of Atari and chief knowledge…
Introduction Long dependent on its oil riches, Saudi Arabia is now embarking on a transformational journey towards economic diversification. The kingdom is embracing cutting-edge technology including blockchain, artificial intelligence (AI), and the expanding gaming industry thanks to its ambitious Vision 2030 project. This article analyses Saudi Arabia’s entry into the gaming sector and the country’s…
We are excited to announce that Safe has successfully integrated with Polygon zkEVM, bringing Safe’s battle-tested smart accounts infrastructure to the infinitely scalable, zk-powered Ethereum L2 chain. Both Safe{Wallet}, widely used by web3 teams to manage their onchain treasuries, as well as the Safe{Core} account abstraction stack, are now fully deployed and ready for users and developers to interact, play, manage assets,…
Ethereum co-founder Vitalik Buterin has confirmed that the recent hack of his X (Twitter) account was the result of a SIM-swap attack. Speaking on the decentralized social media network Farcaster on Sept. 12, Buterin said that he has finally recovered his T-Mobile account after the hacker managed to gain control of it via a SIM swap attack….
Crypto markets tumbled Monday as traders got spooked by the potential selling pressure from bankrupt exchange FTX. Bitcoin (BTC) fell more than 2% and briefly dipped to as low as $24,963 during U.S. morning hours, its first time below the $25,000 level since mid-June. It has pared some of those losses since, now trading at…
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Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect. The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect on October 8, means that exchanges with UK customers must…
New York-based game development studio, Pahdo Labs, has successfully raised $15M in a Series A financing round, according to its official blog. The round was spearheaded by Andreessen Horowitz (a16z) and saw participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. This follows a previous seed round where the company garnered $2.5M from notable…