Axie Infinity hack leads to $5.9 Million seized by Norwegian Police
Authorities in Norway seized 60 million krone ($5.9 million) stolen from crypto game Axie Infinity in March last year. The Axie Infinity breach resulted in the seizure of up to 60 million kroner (approximately $5.9 million) in assets by the Norwegian Police authority (kokrim). The Norwegian organization kokrim reported on February 16 that it had […]
Abu Dhabi sets aside $2 billion for Web3 startups
Recently, the capital of the UAE, Abu Dhabi, announced its massive funding for Web3 startups on Feb. 15. The United Arab Emirates (UAE) is renowned for its cryptocurrency policy, neither outlawing nor regulating the asset class. Abu Dhabi, the capital of the United Arab Emirates, recently offered significant investment for Web3 startups. The Hub71 tech […]
Usain Bolt becomes Gamdom ambassador in crypto casino world
Jamaican sprinter, Usain Bolt, has been named the official face of Gamdom, one of the biggest crypto casinos in the world. Usain “Lightning” Bolt is the most recent athlete to publicly embrace cryptos by sponsoring a crypto gambling site Gamdom, following Mike Tyson’s endorsement of bitcoin and James Rodriguez’s development of his digital asset. The […]
Conflux, China Telecom to build blockchain-enabled SIM cards
Conflux Network and China’s second-largest wireless carrier China Telecom have partnered to build a “blockchain-enabled SIM card”. Conflux Network, also known as the Shanghai Tree-Graph Blockchain Research Institute , said on February 15 that it had partnered with China Telecom to create a blockchain SIM (BSIM) card. According to Conflux, the BSIM will be able […]
Ark Invest Buys Almost $20M In Coinbase Stock
Due to regulatory uncertainty, Cathie Wood’s Ark Invest added to its holdings of Coinbase (COIN) shares as the stock price fell below $58. In spite of the regulatory uncertainty in the cryptocurrency business, Ark Invest CEO Cathie Wood continues to buy shares of cryptocurrency exchange Coinbase at low prices. A total of 14,636 Coinbase (COIN) […]