Horizon Bridge, a cross-chain interoperability platform between Ethereum, Binance Smart Chain (BSC) and Harmony blockchain networks, has been hacked for $100 million (roughly Rs. 784 crore). The Harmony team has stated that it has been made aware of the theft and has begun working with national authorities as well as forensic specialists to identify the attacker in an…
Harmony Announces $1 Million Bounty to Help Return $100 Million Lost in Horizon Bridge Hack
NYC’s Times Square to Mark Presence in Metaverse, Time Magazine Partners The Sandbox
The Sandbox metaverse will now flaunt the digital version of NYC’s magnificient Times Square. This virtual representation of the Times Square in The Sandbox metaverse is intended to serve as a culture and commerce centre in the virtual universe. Holders of TIMEPieces NFTs will be offered special rewards in the metaverse version of the Times Square.
Hacker Group Anonymous Pledges to Bring Terra’s Do Kwon to Justice in New Video
Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is “brought to justice as soon as possible” in regard to the collapse of the Terra and TerraUSD ecosystems last month.
Yuga Labs Files Lawsuit Accusing Ryder Ripps of Scamming Consumers by Selling Fake Bored Apes NFTs
Yuga Labs, the company behind Bored Ape Yacht Club, has filed a lawsuit against Ryder Ripps, claiming the online provocateur has been “scamming” buyers with falsely equivalent NFTs in a “deliberate effort to harm Yuga Labs at the expense of consumers.”
Binance Announces Flagship Platform for VIP, Institutional Investors
Binance crypto exchange is launching a flagship programme called ‘Binance Institutional’, that will offer rewards with discounts and other privileges to big-capital investors. Crypto experts are known to say that institutional investments play a vital role in maintaining a balance in the crypto market, especially amid low trading days. Hence, Binance’s decision …
Majority Altcoins Join BTC, ETH in Reflecting Losses as Price Chart Remains Drenched in Red
Majority cryptocurrencies found themselves on the loss-side of the price charts, after BTC and ETH opened with losses on Monday, June 27. From Binance Coin to Solana and Polygon, several popular cryptocurrencies remained to trade lowly on the price charts, impacted by losses. Only a few altcoins like Ripple, Tether, and USD Coin managed to see small gains.
Chef Vikas Khanna Launches ‘Phygital’ NFT Collection of His Book
Chef Vikas Khanna has collaborated with NFT marketplace Akshaya.io to launch his first ‘phygital’ limited-edition book Sacred Foods of India. The book will be available to purchase in both physical and NFT formats.
Crypto Exchange FTX Is in Talks to Acquire a Stake in BlockFi: Report
Cryptocurrency exchange FTX is reportedly in talks to acquire a stake in crypto lender BlockFi. The Wall Street Journal quoted BlockFi spokesperson saying, “We are still negotiating the terms of the deal.”
Binance Pens Exclusive NFT Partnerships With Cristiano Ronaldo: Here’s What You Need to Know
Football superstar and six-time Ballon d’Or winner, Cristiano Ronaldo, has signed an exclusive multi-year nonfungible token (NFT) partnership with the world’s largest cryptocurrency exchange by market volume, Binance. The collaboration aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns.
Popular Chinese Messaging Platform WeChat Prohibits Accounts Dealing in NFT, Crypto Services
Tencent’s WeChat intends to impose penalties on public accounts facilitating secondary trading of non-fungible token (NFTs). Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule.