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“# Dogecoin whale activity slows down as billions of dollars depart blockchain ” After a flurry of activity that saw Dogecoin (DOGE) briefly process a higher dollar value of daily transactions than Bitcoin (BTC) and Ether (ETH) combined, the surge seen on the Dogecoin blockchain appears to be slowing down. Dogecoin’s price increase throughout 2021…
“# Binance Smart Chain’s BurgerSwap drained of $7.2M in exploit ” Another decentralized finance protocol was subject to a major exploit on Friday, May 28, after $7.2 million was drained from BurgerSwap (BURGER) on Binance Smart Chain. Varying amounts of seven different cryptocurrencies were stolen amid the attack, including $3.2 million worth of BURGER tokens,…
“# Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China regulations, FACT or FUD? Normally, this weekly column takes a…
“# Worst UK bank for dealing with scams issues crypto scam alert ” The U.K bank with the worst record for dealing with scam complaints has issued a cryptocurrency scam alert. NatWest, which was rated as the worst U.K bank for accurately discerning legitimate fraud complaints in 2020, sent the warning to users of its…
“# Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto ” Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were…
“# Austrian Post combines NFT and NFC tech for digital postage stamp ” Oesterreichische Post AG — Austria’s postal service — is set to adopt even more digital technology protocols for its nonfungible token postage stamps. In a recent announcement, the Austrian Post announced plans for NFC chips to Crypto Stamp 3.0 — the third iteration…
“# Blockchain platform raises $12M to build JavaScript-like DApps ” Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on Wednesday. The latest funding round takes the total sum raised by Reach to $48 million as the…
“# Hong Kongers use blockchain to save evidence of anti-authoritarian struggles ” Blockchain’s potential to sustain a distributed, tamper-proof infrastructure for collective digital memory has taken on an unexpected political salience for citizens in Hong Kong. Soon after Hong Kong’s public broadcaster Radio Television Hong Kong, or RTHK, revealed its intent to erase any archived…
“# Polygon debuts SDK for building Ethereum-compatible chains ” Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation. According to an announcement on Wednesday, the Polygon SDK contains…
“# Museum of Crypto Art to launch MOCA token, plans acquisition spree ” According to some estimates, coronavirus-related strains may soon force upwards of one in every eight physical museums to permanently close — but despite the struggles, one Metaverse-native museum is raising funds to transition to a community-governed model. The Museum of Crypto Art…