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” BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea “ Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after awarding them…
” Polygon and Mercy Corps bring blockchain to underserved communities “ Blockchain technology continues to make its way into mainstream view, as many companies adopt the technology as a part of their operations. In the push for adoption of this technology comes the simultaneous need for more education on the technology. A new partnership announced…
” Toyota to explore blockchain use cases via DAO hackathon “ Automotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers. On Feb. 1, multi-chain smart contract and decentralized application (dApp) network Astar announced its inaugural Web3 hackathon. The news of note,…
” Blockchain audits: The steps to ensure a network is secure “ The last few years have seen blockchain platforms becoming the centerpiece of many tech conversations across the globe. This is because the technology not only lies at the heart of almost all cryptocurrencies in existence today but also supports a range of independent…
” DeFi attacks are on the rise — Will the industry be able to stem the tide? “ The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control. According to the latest statistics, approximately $1.6 billion…
“# PayPal reportedly confirms plans to explore the launch of a stablecoin ” American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. Confirming the evidence…
“# ECOMI, Aragon and Ramp breakout after Bitcoin price pushes above $49K ” Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank’s plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of…
“# Solana extends rally with another new high — Why is SOL price up by 70% in one week? ” Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector. The SOL/USD exchange rate reached $146.28 for…
“# 3 reasons why Gitcoin (GTC) price has rallied 100% in a month ” As the blockchain industry expands and becomes more of a fixture in everyday life, the idea of ‘one chain to rule them all’ and the general ideology of blockchain maximalism is beginning to fall to the wayside and the focus on…
“# Solana hackathon aims to bolster crypto innovation in India ” Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs. According to the official statement, Solana plans to launch the 3-week long event in collaboration with Devfolio and YouTube influencer Superpumped. Solana’s announcement consists of…