Alibaba’s Taobao to launch first Metaverse livestreaming channel
Alibaba created TaoLive City with the combined efforts of Taobao and Diantao, which are live-streaming e-commerce apps. Chinese news outlet DSB reported on December 26 that Taobao, an e-commerce network controlled by Alibaba, is carrying out final tests prior to releasing its first metaverse livestreaming product. The initiative is anticipated to launch online during the […]
BTC.com loses $3M in cyber hack
BTC.com, a cryptocurrency mining pool, was the victim of a recent $3 million hack that caused a considerable loss of corporate and client assets. Attackers stole over $2.3 million in corporate assets in addition to about $700,000 in client assets on December 3. The formal statement was issued on December 26 by BIT Mining Limited, […]
Bitget Launches DEX Aggregator, MegaSwap
Bitget announced the launch of its DEX aggregator called MegaSwap, which is designed to combine the strengths of DeFi and CeFi. The launch of “MegaSwap” was announced by Bitget in a news release. However, it gives customers the option to trade or exchange their digital assets in a DeFi environment for more than 10,000 cryptocurrencies. […]
1inch launches Fusion Upgrade For Cost-efficiency, Security
1inch Swap Engine connects DeFi users and provides liquidity for crypto trades through professional market makers. Leading decentralized finance (DeFi) aggregator 1inch Network recently revealed a significant update for its 1inch Swap Engine called Fusion. For cryptocurrency investors, the Fusion update seeks to enable affordable, secure, and rewarding swaps. DeFi investors can make orders with […]
Defrost Finance hacker reportedly returns funds
Trading platform Defrost Finance which recently had a network vulnerability has said that the hacker of the V1 platform has reportedly returned the funds. An announcement by Defrost claiming “the hacker engaged in the V1 attack [but not the v2 hack] has refunded the funds” was made just before the action was taken. According to […]