Magic Eden revealed that it will refund all the users who mistakenly bought unverified NFTs that showed up on the collection pages as a result of a recent breach. In a statement, the Solana-based NFT marketplace said that a bug was deployed in an update to two of its features – Snappy Marketplace and Pro Trade […]
Fan tokens soar amid Upbit listing
Fan tokens for several popular sports teams and celebrities have seen a surge in value following their listing on the South Korean-based exchange Upbit.
Highest number of crypto layoffs seen in 2022
Crypto winter continues to hit the industry from all angles, forcing some of its biggest players to scale back their expansion plans resulting in layoffs. Approximately 23,600 employees lost jobs in the crypto sector as of Dec. 9, 2022. This figure represents the industry’s highest number of layoffs ever recorded within a year. As reported, […]
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period.
SHIB Price Prediction as BONK and other Meme Coins Take Off
Over the past few years, meme coins have taken off in the crypto markets. While some were initially skeptical of these tokens and labeled them […]
91% of Cryptos From 2014 Have Died, While Bitcoin Continues To Thrive
The visualization of altcoin deaths shows Bitcoin is the sole standout project amongst various failed scams and “projects.” A recent report by CoinKickoff demonstrates the failures of various altcoin projects throughout the years, and how bitcoin is the standout survivor. According to their data, 91% of the coins that were present for the 2014 cryptocurrency […]
3AC liquidators subpoena founders on Twitter
The Three Arrows Capital liquidators have subpoenaed the founders of the collapsed Singapore-based hedge fund.
Animoca Brands Decreases $2B Metaverse Fund Raising Goal to $1B
Siu earlier said that the target range for Animoca Capital’s fundraising was $1B–2B. The real fundraising process will begin in the first quarter of 2023 as per Siu. Animoca Brands has scaled down its initial goal of $2 billion and will instead raise $1 billion for its metaverse investment fund in the first quarter of […]
Twenty-Two Highlights from TRON’s Historic 2022
Geneva, Switzerland, 5th January, 2023, Chainwire For TRON DAO, 2022 was a year of historic growth. Here are 22 highlights from the fastest growing public blockchain’s record year: # 22 possibly the world’s biggest DAO On January 5, TRON announced its restructuring to become a decentralized autonomous organization (DAO). On April 11, Forbes declared that […]
Ethereum Classic achieves strong bounce back, thanks to hash rate stimulation
Ethereum Classic’s hash rate bounced back slightly, potentially indicating increased network activity. ETC’s bullish momentum might be limited, according to its MA indicators. Every once in a while, Ethereum Classic [ETC] registers a large price pump that is usually associated with whale activity. The latest such event occurred on 4 January, when ETC bulls pulled […]