The majority of the stolen funds came from a single wallet, with the malicious link draining $751,321.80 USDC. On January 27, a popular nonfungible token (NFT) project called Azuki had its Twitter account compromised. As a result, hackers posted a malicious “wallet drainer link” claiming to be a virtual land mint and stole USD Coin…
At least 14 crypto companies, including Coinbase, Gemini, Digital Currency Group, ConsenSys, and Blockchain.com, announced staff reductions in the month. In the first month of 2023, crypto companies tightened their budgets, firing at least 2,900 employees from 14 crypto companies. Prime Trust, a provider of crypto infrastructure, is said to have started laying off employees,…
MAP2EARN: Bringing Physical and Virtual Spaces Together Among the various strategies for building the metaverse, one is gaining ground. That means mapping the real world to create a mirror world and building augmented reality experiences on top of it. Geolocation-based 3D maps are the fundamental components of a metaverse that unites the real and virtual…
In the .SWOOSH Studio, Nike is inviting its community to collaborate on virtual sneakers. The .SWOOSH revolution is upon us! Yes, Nike has officially opened its new virtual creations facility. The community is being given the ability to collaborate with Nike and co-create in the Web3 studio. Consequently, four winners will work on a 1:1…
Do you know exactly what HyperVerse is and how it works? Have you heard of it before? Does it appear that the entire crypto community has recently been writing about HyperVerse in popular crypto forums and social media platforms? To begin, HyperVerse stands for an open marketplace that features audited, community-built, and simple-to-discover smart modules….
Decentralized finance (DeFi) is one of the most widely used applications of blockchain technology. Mining for liquidity is a popular way for crypto investors to participate in DeFi. This guide will explain what DeFi liquidity mining is, why it’s important, which platforms let people mine for liquidity, the benefits it offers, and the risks associated…
It turns out that Amazon intends to launch its own digital asset enterprise this spring, so the company intends to join the Web3 realm with its own NFT initiative. Blockworks has been informed of Amazon’s plans by at least five trustworthy sources who are familiar with the internal affairs of the company. It would appear…
The emergence of automated systems like ChatGPT is challenging Google’s position as the tech industry’s dominant player Paul Buccheit, the developer behind Gmail, recently shared his thoughts on the future of Google and the potential for disruption by the emergence of new automated systems, such as ChatGPT, which can generate text with a high degree…
Another token frenzy has been sparked by Ethereum’s Shanghai upgrade, with investors betting on the upgrade’s success According to Bloomberg, speculators are increasingly betting on tokens associated with the upcoming upgrade to the Ethereum network, known as Shanghai. It is anticipated that the much-anticipated upgrade will take place in March. Holders of Ether will be…
In the coming weeks, the platform plans to add Arbitrum and BNB Chain, and it is changing some aspects of how tokens are rewarded and distributed Developers wrote on Thursday that Trader Joe, a decentralized exchange (DEX) on the Avalanche blockchain, has plans to increase the utility of its native governance token JOE and other…
