Tag: Blockchain

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Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

  The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said…. Read More: Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts  Read more…
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Dubai school will welcome tuition payments in Bitcoin and Ethereum

Citizens School said it also intends to integrate blockchain technology into several aspects of its academic and administrative operations in the future. According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated via an unnamed processing…
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WWE Inks Long-Term Deal With Fanatics to Push Official Merchandise, Trading Cards, and NFTs

The media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, has inked a long-term partnership with the global digital sports platform Fanatics. According to the deal, Fanatics will work with WWE across various ventures such as officially licensed merchandise, trading cards, and non-fungible tokens (NFTs). WWE Partners With Fanatics, Wrestling Entertainment Firm…
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Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity’s Ronin Exploited

  The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m…. Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity’s Ronin Exploited  Read more »Pay, Trade,…
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Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead?

LUNA price chart technicals are hinting at a possible 50% price drop in the coming weeks, however. Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard’s (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the…
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Zilliqa Rises on Metapolis’ Partnership with Photo Sharing App Agora

  The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL rose in price today after news that a virtual world built on it has partnered with the photo-sharing and awards app Agora…. Read More: Zilliqa Rises on Metapolis’ Partnership with Photo Sharing App Agora  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Cardano founder talks about Web3 and the comfort of Bitcoin at Binance Blockchain Week

“When you move past the comfort of Bitcoin, you start entertaining many other ideas,” said Cardano founder Charles Hoskinson in his keynote speech. Cardano founder Charles Hoskinson gave a keynote speech on the first day of this year’s Binance Blockchain Week, held at the Dubai World Trade Centre in the United Arab Emirates.   Addressing the…
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The Prospects, Possibilities, and Dangers of CBDCs

  Suren Ayriyan is the Managing Partner and CEO at TEMPO Payments, a digital money transfer company. __________ Today, 15 countries – including China, Saudi Arabia, and South Africa – are testing their own centralized digital currencies: Central Bank Digital Currencies (CBDCs). Another 87 countries are exploring the virtual minting process and how they can…
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Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

LG Electronics adds blockchain and crypto as new areas of business

South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software. South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter.  According to a local South Korean news report, LG added two distinct crypto-related objectives during its…
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