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“# Blockchain enthusiast allegedly losses $500k by sending WETH to contract address ” In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500k on Sunday after sending wrapped Ether (wETH) directly into a wETH wrapping smart contract. wETH came into existence as a way for Ether (ETH) to conform to the…
“# NFT philanthropy demonstrates new ways of giving back ” NFTs, or nonfungible tokens, have created a wealth of opportunities over the last year. Data from market tracker DappRadar found that NFT sales reached $25 billion in 2021. Artwork NFTs in particular have seen impressive growth. Financial services firm FinancePR recently determined that 257 artists…
“# Inside the blockchain developers’ mind: How to build the next big social DApp ” Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. People use social applications daily, but despite all the…
“# Bitcoin miners believe global hash rate to grow ‘aggressively’ ” Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months. While…
“# Decentralized technology will end the Web3 privacy conundrum ” Although the modern internet connects us like never before, one thing that younger generations have never truly experienced is the feeling of genuine privacy. Even older generations have forgotten what life was like before our every thought and action were tracked. Web3 envisions an open,…
“# The Metaverse will change the live music experience, but will it be decentralized? ” As the two-year anniversary of the global COVID-19 pandemic begins to hurtle toward us, we are no closer to knowing when our social lives will return to normal or what will the new normal be. The effect this has had…
“#Gamer breaks neck while wearing virtual reality headset” A German gamer has broken his neck while wearing a virtual reality headset after he moved too “intensely.” Doctors claim the 31-year-old’s “repetitive” movements led to the neck being damaged — before part of the bone finally “cracked.” The man went to the hospital after experiencing a…
“# What is Etherscan, and how does it work? ” Etherscan is the most trusted tool for navigating through all the public data on the Ethereum blockchain and is sometimes called “Ethplorer.” This data includes transaction data, wallet addresses, smart contracts and much more. The application is self-contained and is neither sponsored nor administered by…
“# How can the Metaverse help the food industry? ” Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin…
“# Web3 innovations are replacing middlemen with middleware protocols ” Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By doing so, they’re replacing middlemen software-as-a-service…