Sky Mavis, Axie Infinity developer launches $1M Bug Bounty
After the Axie infinity Ronin Hack which cost the network $622M, Sky Mavis Axie’s developer has offered a top prize of $1,000,000 for hackers as reward to anyone who can identify vulnerabilities in the network. After hackers siphoned $622 million in cryptocurrency from the company’s Ethereum sidechain, Ronin, last month, Sky Mavis, the producer of […]
BAYC NFT Owners Slam OpenSea With Lawsuit Following Loss
McKimmy filed a lawsuit against OpenSea alleging that his BAYC NFT was stolen due to a security flaw that OpenSea was aware of but chose to ignore Three BAYC NFT Owners Slam OpenSea Following the loss of their BAYC NFTs in a similar hack that took advantage of an apparent security vulnerability in the platform’s […]
Pantera Capital Set to Close Blockchain Fund Worth $1.3B
Pantera Capital has announced plans to close its first Blockchain Fund in the next three to four weeks with around $1.3 billion in committed capital. That is more than double the $600 million target the firm set when it started fundraising last November. The company announced last month that pledges had reached $1 billion. The fund […]
FBI Apprehends Virgil Griffith for Breaking Sanctions
The Federal Bureau of Investigation (FBI), has arrested an Ethereum developer Virgil Griffith after breaking sanctions against North Korea, He was formally sentenced earlier today. Griffith spoke at the controversial event in North Korea, which was attended by journalist Ethan Lou, author of Once a Bitcoin Miner. For Griffith’s sentencing, he was asked to provide a statement, […]
How NFT Will Change The World
NFTs can be used to gain access to exclusive content, new products, or upcoming events by purchasing them. With their exponential growth, they are poised to revolutionize data transmission and interconnectivity. Non-fungible tokens (NFTs) are a type of data storage used by the blockchain. Exclusive access and rewards are provided to those who own this […]