THORChain concludes two security audits following summer attacks
THORChain has fully recovered from two summer attacks that exposed millions of dollars in user funds, as announced on Thursday. THORChain was able to establish a five-step recovery plan as a result of the concurrent audits conducted by cybersecurity firms Trail and Bits and Halborn. Contributors to THORChain report that the protocol is now fully […]
Updated FATF Guidelines on Crypto, Defi, and NFTs are now available
The Financial Action Task Force (FATF), a worldwide anti-money laundering watchdog, has modified its crypto market standards. The final recommendations improve on the draft guidelines provided earlier and provide additional clarity. The guidelines place a particular emphasis on how authorities should approach new markets like NFT and Defi. “Countries should not apply their definition based […]
Ankr launches a $10 million fund to boost the growth of DeFi and Web3
The protocol for the blockchain Ankr V2, a decentralized web service (DWS) gateway for Web3 development, was released today, allowing developers to create multi-chain systems, goods, and services. Ankr also stated that over the next two years, it will give more than $10 million in grants to support the development of a distributed supercomputer and […]
Mudrex launches DeFi and NFT assets fund for retail investors
Mudrex, a cryptocurrency asset management firm, has launched its new Coin Sets investment instruments, the crypto firm is expected to offer investment options for DeFi and NFT assets. The new product allows investors to diversify their asset portfolio among a variety of high-performing DeFi assets as well as nonfungible tokens, or NFTs. In an often […]
These blockchain games are more popular than Axie Infinity, according to DappRadar
While Axie Infinity may be the star of the show, DappRadar’s Q3 2021 blockchain gaming health report shows many other games ahead in terms of unique active wallets (UAW). As predicted, the research notes that play-to-earn (P2E) gaming, and to a lesser extent, non-fungible tokens (NFTs) , are propelling growth in the blockchain gaming market. […]