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” Solana-based stablecoin NIRV drops 85% following $3.5M exploit “ Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail, after dropping 85% from its dollar peg following a hack on adaptive yield protocol Nirvana Finance on Wednesday. The flash loan attack, which also saw Nirvana Finance’s native token ANA drop by 85%, resulted…
” Crypto use in emerging markets driven by necessity: KuCoin Labs head “ The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments. Lou Yu, who heads up KuCoin Labs, tackled the subject after a keynote address during the second day…
” Backlash as Harmony proposes minting 4.97B tokens to reimburse victims “ The team behind the Harmony blockchain project has proposed the minting of up to 4.97 billion worth of its native token ONE to compensate victims of the $100 million Horizon Bridge hack in June. The proposal has been met with a significant amount…
” HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims “ As announced on Tuesday, Japanese NFT Platform HARTi and insurance group Mitsui Sumitomo (三井住友海上) will roll out nonfungible token, or NFT, insurance for all digital artworks exhibited within the HARTi app. The insurance will attach to the NFT pieces on display by…
” What is dollar-cost averaging (DCA) and how does it work? “ Many crypto enthusiasts just start investing in cryptocurrencies without a strategy behind it. However, they should be aware that an investment plan is essential when you begin investing in crypto. By sticking to a strategy, you will have a clear overview and become…
” NFT utility to remedy ticketing dilemmas? Experts weigh in “ The 2022 Champions League final will have a checkered position in the competition’s history book. Real Madrid emerged victorious over Liverpool inside the Stade de France, but the pandemonium outside the stadium before kick-off highlights the need for innovative solutions to events ticketing. Counterfeit…
” How blockchain can address Austria’s energy crisis “ Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong. Supply lines around these energy sources are further vulnerable to geopolitical tensions. Due to…
” Square Enix partners with Enjin to launch Final Fantasy VII collectibles “ Game development giant Square Enix partnered with nonfungible token (NFT) platform Enjin (ENJ) to launch a digital and physical collection featuring Final Fantasy VII, a highly popular video game series. In an announcement, Enjin said that to get the NFTs, fans must…
” The best bear market plan? ‘Relentless optimism for the future,’ says fintech CEO “ While many crypto veterans give out a wide range of bear market advice and strategies, some opt for a more straightforward approach—optimism. Being resilient and positive during this time is very important, according to Jeremy Almond, the CEO of Paystand,…
” Experts clash on where virtual reality sits in the Metaverse “ Virtual reality (VR) will eventually have a place within the Metaverse, but not for the foreseeable future given its slow adoption rates, according to experts. There isn’t much that can rival the experience of having one’s senses almost immersed in a virtual world…