Cross-Chain Bridge Qubit loses $80 Million to hackers
According to a report from CertiK, cross-chain bridge Qubit has been hacked with losses spanning over $80M in assets. The recent compromise made the incident the largest DeFi exploit of 2022. According to CertiK’s blockchain security specialists, a decentralized finance (DeFi) vulnerability linked to Qubit Finance’s Binance smart chain – Ethereum bridge resulted in an […]
Binance reportedly plans to expand its services to Russia
Binance exchange is apparently considering expanding its services to Russia and its neighbours. The President of Russia’s comment or even the new cryptocurrency laws in the area may have a lot of potentials to grow the exchange’s operations. Following a recommendation by the country’s central bank earlier this year, it appeared like Russia would follow […]
A New bill intends to make Bitcoin a legal tender in Arizona
State senator Wendy Rogers has introduced a new bill which suggests Bitcoin be made a legal tender in Arizona, nothwithstanding the fact that the U.S. constitution does not grant states autonomy to a legal tender. In the rare event that the legislation succeeds and the law takes effect, a measure presented in Arizona would make […]
NBA Star LeBron James partners with Crypto.com for a blockchain and Web3 education project
LeBron James, a three-time NBA champion and forward for the Los Angeles Lakers, has partnered with digital currency exchange Crypto.com to boost educational and professional development initiatives focused on Web3. According to the Akron Beacon Journal, the cooperation will enable 1,600 schoolchildren in LeBron James’ hometown of Akron, Ohio learn about the technology behind cryptocurrencies […]
Flux joins NVIDIA’s inception program to help advance the Web3 initiative
Flux‘s partnership with NVIDIA on the Web3 will enable a better Internet, empower users by recovering their personal data and promote decentralization by handing over control of internet infrastructure from centralized actors. Flux was founded with the goal of pioneering blockchain technology and establishing Web3’s underlying technology , infrastructure, and tools. Web3 is a decentralized […]