Stars Arena Confirms Protocol Exploit
Friend Tech’s rival company, Stars Arena has acknowledged the protocol attack that depleted more than 266,000 AVAX tokens. Recently, Stars Arena, the Avalanche-based adversary of social protocol Friend Tech, confirmed a protocol vulnerability. This led to the astounding loss of 266,103 AVAX tokens, valued at almost $2.88 million. The blockchain ecosystem and the safety and […]
Kraken Eyes Dutch Market Set to Acquire BCM Exchange
Kraken has announced an agreement to purchase Coin Meester B.V. (BCM), a cryptocurrency exchange based in the Netherlands. Kraken and BCM announced the impending acquisition after the European Union implemented its Markets in Crypto-Assets (MiCA) legal framework, while financial specifics of the deal have yet to be made public. With acquiring virtual asset service provider […]
Google Introduces AI to Android, Google Assistant
On October 4, Google declared in separate statements that it was integrating artificial intelligence (AI) capabilities into two of its key products. Google first introduced Assistant with Bard. This release signals the integration of Google’s personal assistant app for Android and iOS devices with the Bard AI tool, which is already accessible through several Google […]
CMCC Global Launches $100M to Support Blockchain Startups
CMCC Global has established a $100 million fund to aid blockchain startups in Hong Kong and other Asian countries. On October 4, CMCC finished raising more than $100 million from more than 30 investors for its Titan fund. Block.One, the Richard Li-owned Pacific Century Group, Winklevoss Capital, Jebsen Capital, and Yat Siu, the founder of […]
BIS Builds Data Platform to Bridge Data Gaps in Crypto
In partnership with banks within the Eurosystem, the Bank for International Settlements is building a new data tracking system for crypto assets. The Bank for International Settlements (BIS), in collaboration with the Eurosystem’s central banks, has announced the beginning of Project Atlas, a proof-of-concept investigation into the financial implications of digital assets and decentralized banking. […]