Axie Infinity Suffers An Hack On Its Discord

Axie Infinity’s discord was hacked and which made team remove the MEE6 bot that was the target. Axie Infinity announced on Wednesday that the MEE6 bot on its main server had been compromised. According to the team, the hackers used the MEE6 bot to add permissions to a bogus Jiho account and make false announcements […]
South Korean Legislature Mulls New Regulation For Cryptocurrency

South Korean regulators have put out a new report with a lot of suggestions for how to run the country’s crypto industry in the best way. According to a report commissioned by South Korea’s federal government, the domestic crypto industry should implement a licensing system for exchanges and token issuers to protect investors. The Financial […]
Cloudflare To Run Ethereum Validator Node In Its Web3 Experiment

Cloudflare announced that it will run Ethereum validator nodes as part of its commitment to assist in the scaling of the internet through the use of proof-of-stake (PoS) consensus technologies. Cloudflare, leading content delivery and DDoS mitigation company, has announced a new Web3 push that will take advantage of Ethereum’s upcoming proof-of-stake network. The company […]
G7 Countries Meet To Discuss Crypto Assets Following Terra Ecosystem’s Collapse

The G7 countries’ meeting is to address how crypto assets can be more regulated to prevent the great loss that many Terra investors suffered in its last week’s crash. The recent collapse of the Terra ecosystem has piqued the interest of regulators all over the world! The G7 finance ministers will meet this week to […]
Nomura Sets To Establish New Crypto Subsidiary Outside Japan

Nomura wants to set up a crypto subsidiary outside of Japan and hire about 100 people to work in the digital asset space. Nomura, which is Japan’s biggest investment bank, is going to start a new subsidiary company to help institutional clients invest in cryptocurrency and nonfungible tokens (NFTs). People who know Nomura’s plans told […]