Co-founder F2Pool reacts to claims of cheating Ethereum POW
The statement follows claims made by Israeli researchers that F2Pool had manipulated Ethereum block timestamps to increase mining earnings. Chun Wang, a co-founder of F2Pool, has replied to claims that his mining pool has tampered with Ethereum block timestamps in order to “consistently increase mining rewards.” The mining pool is accused of conducting a “consensus-level” […]
KBW: Axie Infinity intends to “double down” on Korean market
According to Jeffrey Zirlin, Axie Infinity intends to expand in South Korea, which they view as one of the most significant gaming marketplaces in the world. Despite the legislative obstacles, Sky Mavis, the company behind Play-to-Earn (P2E) industry leader Axie Infinity, plans to “double down” and ramp up adoption in South Korea. Sky Mavis co-founder […]
Trend Micro highlights flaws in metaverse security development
According to Trend Micro, since it will be challenging to trace and control darkverse activity, illegal or criminal activity is likely to grow there. The cybersecurity firm Trend Micro , which is American-Japanese, claimed in a recent analysis that the Metaverse had growing vulnerabilities that could manifest over the next three to five years. According […]
Binance and WazirX promise to work with the ED on shady deals
The Directorate of Enforcement (ED) announced in January that it was looking into allegedly suspicious money laundering transactions involving some private companies through WazirX Following the unexpected public altercation between WazirX CEO Nischal Shetty and Binance CEO Changpeng Zhao (CZ) on Saturday regarding WazirX’s ownership, the majority of Indian business news sites prominently covered the […]
Polygon-Based Dragoma Rug pulled, DMA Drops 99%
PeckShield, a blockchain intelligence, and security company claim that the project’s native token, DMA, lost more than 99 percent of its value. The most recent instance of such an incident in the cryptocurrency realm included Dragoma, a Web3 lifestyle sports application based on Polygon. After being listed on MEXC, the price of its native token, […]