A small-scale decentralized autonomous organization (DAO) has suffered a fairly significant smart contract exploit that resulted in approximately $120 million being stolen from its protocol. BonqDAO, which is behind the Bonq protocol, told its Twitter followers on February 1 that its protocol had been exposed to an oracle hack that allowed the exploiter to manipulate … Read more
Ethereum’s next big upgrade, Shanghai, is on the horizon for March. The Shanghai hard fork will implement further improvement proposals for the Ethereum network as well as allow Ether (ETH) participants and validators to withdraw their assets from the Beacon chain. At the time of writing, the ETH staked represents about 14% of the total … Read more
The UK government is keen to strengthen regulations in the local cryptocurrency sector to prevent another adverse event like the FTX collapse. The newly appointed Prime Minister – Rishi Sunak – is known as an advocate of blockchain technology, arguing that the country should emerge as “a global hub of crypto technology”. Protecting the people … Read more
Bitcoin traders’ decision to open short or long positions could depend on the outcome of the FOMC. Whales have been taking profits since January 17, but the tide may be turning. Historically, the conclusion of the Federal Open Market Committee (FOMC) has had several implications of Bitcoin [BTC] price. In most cases, the decision to … Read more
February 1, 2023 – Tokyo, Japan Toyota Motor Corporation – Japan’s largest conglomerate with more than 330,000 employees worldwide – is a sponsor of the first global Web 3.0 hackathon. Choose Astar Network – the smart contract platform for multiple chains – to build Web 3.0 use cases for Toyota employees. Toyota is looking to … Read more
Its fastest growing segment Web3 right now it is game to win gaming. While others blockchain Industries faced difficulties, the number of users continued to grow. Despite this, the cost of game tokens has dropped along with the rest cryptocurrency Buy. So now is the perfect time to stock up on the best game brands … Read more
The first meeting of the US FOMC is scheduled to conclude today and expectations indicate that the Fed will raise interest rates by another 25 basis points. Amid the growing anticipation, bitcoin and most of the crypto market are standing still, but history shows there could be a lot of volatility later in the day. … Read more