Mango Market to approve $47 million hacker settlement
Following the recent hack on Mango Market, the DAO has decided to provide a settlement for those affected by the hack with more than 98% of voting tokens in support of the settlement. According to the decentralized finance (DeFI) protocol governance forum, the Mango Markets community is prepared to reach an agreement with its hacker, […]
Ethereum Name Service (ENS) explained
The Ethereum Name Service (ENS) replaces complex and difficult-to-read public addresses with simple, human-readable names. The Ethereum Name Service (ENS) has developed as a useful option for converting machine-readable addresses on other blockchain networks to human-readable addresses. Before Paul Mockapetris’s ground-breaking creation of the Domain Name System (DNS) in 1983, you had to write in […]
Celsius receives summons from US grand jury
Federal regulators and US prosecutors are requesting data from the insolvent cryptocurrency lender Celsius Network. The inquiries, which were made public in court documents this month, give an idea of the difficulties Celsius is having with the law as it tries to restructure. To prevent a user panic run, the company froze customer withdrawals in […]
Konami begins Metaverse drive with recruitment driven by Web3
Konami games will incorporate Web3 and metaverse technologies. To develop its new initiative the corporation has offered 13 job positions in three departments. One of the largest AAA game publishers and developers in Japan, Konami , has expressed interest in joining the metaverse and Web3 entertainment movement. A number of job postings have lately been […]
Justin Sun announces TRON (TRX) and Heco Merger
Following his admission that he had invested in Huobi tokens, Justin Sun, founder of TRON announces the TRON and Heco merger. TRON founder Justin Sun has declared a merger between TRON and the BitTorrent chain ecosystem with Heco after releasing how many Huobi tokens he currently possesses and his investing interest in the exchange. The […]