Bitcoiner loses 900 BTC in a DeFi attack
Badger DAO, a decentralized finance protocol based on Ethereum that allows users to earn money by staking Bitcoin, has been hacked. According to reports, the exploit cost a single user around $50 million in Bitcoin – 897 BTC. Badger’s developers have confirmed the hack. The team acknowledged the breach of protocol in a tweet and […]
Adidas joins list of companies partnering with Metaverse
Adidas said on Thursday that it will join the Metaverse in conjunction with the Bored Ape Yacht Club, gmoney NFT, and the PUNKS comic. Adidas announced today that it has purchased a Bored Ape Yacht Club NFT and is collaborating with Bored Ape creators Yuga Labs and others in the space to enter the metaverse—an […]
Tornado Cash sets to launch on Ethereum’s layer two network Arbitrum
Privacy protocol Tornado Cash is preparing to launch on Ethereum’s layer two network Arbitrum. Once fully deployed, users will be able to make private transactions through the Arbitrum L2 network. Tornado Cash ‘s smart contracts are now live on the Arbitrum Layer 2 scaling network, thanks to community efforts that have ensured the protocol’s reliability. […]
NFTs offer a glimpse into a new layer of social interaction
New social interactions may be possible thanks to nonfungible tokens (NFTs), a concept that isn’t as far-fetched as it seems Nonfungible tokens (NFTs) are transitioning from a niche topic to a mainstream discussion. The variety of NFT art, from cuddly to edgy to menacing, is attracting a new audience of fans. Aside from the art, […]