Unhappy Contractor Responsible for Holograph Protocol Hack
According to an internal investigation, a former disgruntled contractor hacked the blockchain tokenization platform Holograph. The Holograph protocol was exploited by a criminal on June 13 to create 1 billion native Holograph (HLG) tokens, which are valued at $14.4 million. Consequently, the value of HGL tokens plummeted by nearly 80% within nine hours of the […]
Bitget Pursues FIU License to Operate in India
Bitget cryptocurrency exchange is collaborating with Indian regulators to secure the necessary license to operate by local regulations. Bitget announced on July 3 that it has been actively discussing with India’s Financial Intelligence Unit (FIU) to obtain Virtual Asset Service Provider (VASP) registration. Simran Alphonso, Bitget’s chief of global communications, informed Cointelegraph that the registration […]
Deutsche Telekom Partners with Subsquid Decentralized network
T-Mobile Deutsche Telekom MMS has partnered with Subsquid, a decentralized data platform, to operate dedicated worker nodes as part of Subsquid’s decentralized “data lake.” The Subsquid network’s worker nodes process data queries and retrieve the requested information from the data lake for data consumers. Alexander Ebeling, the co-founder of Web3 Unit Deutsche Telekom MMS, stated […]
Arrington Capital Leads $15M Funding for RedStone Oracles
RedStone Oracles has raised $15 million in Series A funding for its modular blockchain oracle solution, led by Arrington Capital. RedStone, which identifies itself as the “fastest-growing modular oracle,” intends to leverage the recently obtained funds to extend the reach of its oracle products. These products offer gas fee-optimized price feeds for all Ethereum Virtual […]
Sentient Open-source AI Platform Closes $85M Seed Round
Pantera Capital and Framework Ventures have led an $85M seed funding round for Sentient, an open-source artificial intelligence (AI) development platform. The funds will be used to support the development of Sentient’s open AI platform and the recruitment of engineers, as stated in an announcement on July 2. The venture is an AI research organization […]