Sturdy Finance loses $800K to hackers
Sturdy Finance, a well-known Decentralized Finance lending protocol, has fallen prey to hackers that managed to drain $800K. The platform has responded by saying that it has paused all markets and no further funds were at risk.
Polygon Labs President testifies on Web 3 and blockchain technology in Congress
Polygon Labs President Ryan Wyatt gave his testimony on the crypto industry to the committee on June 7. The meeting was held regarding a crypto regulation bill that has been presented and seeks to harmonize the efforts toward crypto regulation in the country.
What is a node in blockchain
The question of what is a node in blockchain is best answered by visualizing a blockchain network. To be a network, it needs several intercommunicating computers/ devices that can write, upload and verify data that goes to the software behind the network.
Rocket Pool deploys on zkSync Era
Rocket Pool announces that it’s deploying on zkSync Era. Users to stake ETH on zkSync Era by holding rETH in their wallets.
Bitcoin Ordinals to bridge to Ethereum via the launch of BRC-721E standard
Bitcoin Ordinals NFTs are set to get bridgeable with the Ethereum blockchain as a new token standard is launched to facilitate inter-chain communication. The BRC-721E token standard launched by the Ordinals market and Miladys NFT collection allows users to migrate their ERC-721 NFTs to Ordinals.
LG Electronics unveils groundbreaking NFT technology!
LG Electronics, a leading technology company, has recently made a significant move into the world of non-fungible tokens (NFTs) by filing a patent for its Smart TV.
Report: Unveiling the progression of NFT financialization
A new report published by Reflexivity Research highlights the rapid pace at which the financialization of non-fungible tokens (NFTs) is progressing. It urges more caution when dealing with the industry as it is still arguably young but very promising which makes it a target for scammers.
NFTfi launches Earn season 1: Empowering responsible NFT lending”
NFTfi, a leading NFT lending platform, has announced the launch of Earn Season 1, the next phase of its loyalty program, NFTfi Rewards.
Bitcoin Ordinals to hit Binance NFT Marketplace
Binance has announced that it will enable the trading of Bitcoin Ordinals NFTs in its marketplace via a recent announcement. It has stated that it will allow investors to trade their Ordinals NFTs using the already existing wallets.
Solana’s long-awaited Web 3 phone, Saga, is here
Solana finally revealed the SAGA phone in Mid-April after being waited for by crypto enthusiasts for long. The device is designed to be seamless in making transactions and will allow customers from select regions to order it beginning May 8 First Web 3 smartphone?...
Solve.Care announces direct integration of data from OMRON devices onto its platform
Solve.Care, a Web 3 health services company, has tapped into the expertise of OMRON Healthcare to integrate it with its systems. OMRON offers blood pressure monitoring and cardiovascular disease management solution. Now, OMRON’s devices can send and...
Solve.Care introduces Care.Chain and SOLVE token
Solve.Care, a well-known Web 3 health services provider, has taken a step forward by introducing a new Layer 2 blockchain (Care.Chain). The organization revealed that the new blockchain would help advance its mission to improve healthcare access, delivery, management,...