MetaverseGo, a British Virgin Islands-based mobile gaming venture, has raised about $4.2 million in a seed funding round. The platform confirmed the development in a blog post shared on its handle. The round was led by Galaxy Interactive, Delphi Digital, Dragonfly Capital, Mechanism Capital, and Infinity Ventures Crypto. Most of the funds will go into …
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Solana, a fast-growing decentralized blockchain, has provided an update on the recent exploitation of Slope Finance, a community-based decentralized exchange. The blockchain protocol gave the update in a blog post relayed on its official handle. According to Solana, its investigation discovered that the affected wallets were exploited and drained through their private keys. Recall that …
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Barely 24 hours after the United States Treasury Department blacklisted Tornado Cash, technological organizations like Infura and Alchemy blocked access to the tool. The two platforms are prominent foundations of Ethereum and the Web3 ecosystem. Consequently, the platforms had begun to stop Remote Procedure Call requests to the black-listed app. Before the suspension, Infura and …
Gunzilla, an autonomous AAA game studio, has raised $46 million in its latest funding round. The game studio confirmed the development in its blog post on Tuesday. The newly completed venture round will enable GunZilla to develop its new platform, GunZ. With GunZ, gamers will be able to complete ownership of their in-game possessions, thus …
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TL;DR: Blockchain data from crypto intelligence firm Nansen and Arkham Intelligence identified a couple of transactions completed on a wallet identified as Mashinsky’s. The wallet sold 17,475 CEL and swapped them for 28,242 Ether, according to Etherscan. Mashinsky is reportedly one of the largest Celsius Token holders after the Celsius treasury. Celsius filed for bankruptcy …
Coinbase CEO Brian Armstrong said on an Aug. 9 earnings call that the company is keen to see “common sense frameworks for regulation” next year within the United States. Armstrong said there has been “great progress” for crypto regulation over the past year and that “the more regulation there is for crypto, the better it …
Bitcoin mining — What are the true climate change risks? Bitcoin mining is coming under increasing fire for ecological reasons, however, data shows its environmental impact is less than that of the gold and banking sectors. 2 weeks ago · 4 min read Go to Source
Coinbase Global’s second-quarter results show that the crypto exchange recorded a net loss of $1.10 billion during the period. This compares to a loss of $430 million in the first quarter and a net income of $1.61 billion in the second quarter of 2021. Net revenue for Q2 came in at $803 million, down from …
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As part of its years-long push towards using blockchain to empower its communities, Reddit has partnered with crypto exchange FTX, according to an Aug. 9 press release. The partnership will enable Reddit users to use FTX Pay to pay for gas fees of Community Points transactions. In 2020, Reddit launched blockchain-based Community Points tokens to …
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USDC stablecoin issuer Circle released a statement to clarify its stance after freezing all ETH addresses affected by the U.S. Treasury Department‘s sanction against Tornado Cash. In compliance with regulatory requirements following the ban, Circle had to activate a “blacklist function” to freeze the blacklisted accounts. By implication, all USDC funds held in the wallets cannot be …
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The Cyberspace Administration of China (CAC) issued a new warning about “illegal information, accounts and websites” promoting cryptocurrency on August 9. CAC on a mission to clean up cryptocurrency propaganda In May 2021, authorities clamped down on Proof-of-Work mining. This was soon followed by the People’s Bank of China enacting a complete ban on cryptocurrency …
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number of celebrities and organizations received 0.1 ether from the platform. …
FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google Cloud, and other companies and projects in order to create a …
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On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin and the token yearn …
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According to Glassnode report, the total value of Ethereum futures contracts traded on Binance reached $541k. However, as of February 4, 2022, the previous all-time high was $224k. The current live price of Ethereum is $1,693.26, and the 24-hour trading volume is $17.4 billion. Ethereum’s price has dropped by 4.99% in the last 24 hours. …
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