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” TradFi and DeFi come together — Davos 2023 “ Traditional finance, or TradFi, continues to explore the world of cryptocurrencies and blockchain technology, with the World Economic Forum holding more workshops and sessions for the sector in 2023. These were major themes seen by the Cointelegraph team as they covered the action throughout a busy…
” Uniswap holders ditch Ethereum for BNB PoS Chain to deploy V3 protocol “ Holders of Uniswap (UNI) have decided to deploy the third version of the decentralized exchange (DEX) protocol on BNB Chain, a rival of the Ethereum network. In a proposal posted on Jan. 17, Ilia Maksimenka, the CEO of the decentralized finance…
” Wormhole hacker moves $155M in biggest shift of stolen funds in months “ The hacker behind the $321 million Wormhole bridge attack has shifted a large chunk of stolen funds, with transaction data showing that $155 million worth of Ether (ETH) was transferred to a decentralized exchange (DEX) on Jan 23. The Wormhole hack…
” 69% users bet metaverse entertainment will reshape social lifestyle: Data “ Last year the crypto and Web3 saw a dichotomy between extremely turbulent markets, yet high prospects for the future of the space. Both users and investors alike have continued to pile into the industry, especially in areas concerned with the metaverse. A new survey from…
” Vitalik Buterin divulges the ‘largest remaining challenge’ in Ethereum “ Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all…
” Terra lending protocol Mars to launch mainnet “ The original Terra lending protocol, Mars Hub, announced the launch of its independent Cosmos application chain on Jan. 31, along with the issue of MARS tokens to users who hold it during the two snapshots on Terra Classic. According to a statement on Jan. 20, the…
” Binance Charity to provide over 30K Web3 scholarships in 2023 “ The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging out a career in Web3 in 2023. The Binance Charity Scholar Program (BCSP) will provide free Web3 education and training courses which will…
” NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3 “ This week, NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens and Web3 as a whole. Weinraub believes that the act of play is “not…
” NFT sales topped 101 million in 2022: DappRadar report “ Over the last year, nonfungible tokens (NFTs) continued to play an important role in the growing Web3 industry. NFTs initiated a shift away from hype-based drops, to utility-centric projects with long-term value. A new DappRadar report on blockchain and decentralized application (DApp) adoption in 2022…
” Decentralized forex will reduce cost by as much as 80%: Report “ If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as much as 80%,” according to a Jan. 19 paper jointly published by researchers at Circle and Uniswap. On-chain…