BonqDAO lost $120 million in a cyber attack

BonqDAO Lost $120 Million in a Cyber Attack

Crypto-asset security is an ever-present concern, and its fragility has been highlighted once again. BonqDao, a financial services provider, has been subject to a crippling cyberattack as its oracle was infiltrated by an insidious hacker. The exploit enabled the criminal to manipulate the price of AllianceBlock tokens, resulting in losses amounting to $120 million for…

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Texas House Passes Bill

Texas House Passes Bill to Ensure Crypto Exchange Transparency

The world of blockchain and cryptocurrency is taking a giant leap forward in the Lone Star State. On Thursday, April 20th, the Texas House of Representatives passed a bill that would allow for the use of Proof-of-Reserve (PoR) technology in financial transactions. This groundbreaking legislation marks an important milestone for the industry and could pave…

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Hashlock Rates Zeus Exchange ‘Secure’ Following Smart Contract Review

Hashlock Rates Zeus Exchange ‘Secure’ Following Smart Contract Review

Zeus Exchange, a decentralized exchange for spot and perpetual trading, has achieved a ‘Secure’ rating following a comprehensive smart contract audit by Hashlock. Built to let users trade directly from their wallets, Zeus integrates Soulbound Tokens (SBTs) to identify real users and distribute 25 percent of monthly revenue through airdrops, promoting fair participation and long-term…

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Mocaverse Teams Up with Rarible

Mocaverse Teams Up with Rarible, Launches Unique NFT Marketplace

Key Points Making waves in the NFT space, Animoca Brands and decentralized protocol heavyweight, Rarible, announced the launch of the Mocaverse Marketplace. This next-generation platform, specifically designed for Animoca’s membership NFT collection, presents a unique, secure, and credible environment for digital asset transactions. Mocas thrive in unity, and so does the entire web3 space. We…

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Noon Capital Achieves “Secure” Rating in Hashlock Smart Contract Audit

Noon Capital Achieves “Secure” Rating in Hashlock Smart Contract Audit

Noon Capital, the team behind Noon, the intelligent and fair yield-generating stablecoin, has received a “Secure” rating following a comprehensive smart contract audit conducted by Hashlock, a leading Web3 security firm. At the heart of Noon’s governance layer is the Noon Capital protocol on Ethereum. It allows users to stake NOON tokens and participate in…

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NiceHash Sponsors Mining Disrupt 2023 Conference as the Premier Hashpower Marketplace

Miami, FL, June 30, 2023 — Leading hashpower marketplace, NiceHash, is proud to announce its partnership as a title sponsor of the highly anticipated Mining Disrupt 2023 conference in Miami, Florida. This renowned event provides a critical platform for forward-thinking companies, such as NiceHash, to connect with industry experts, innovators, and investors in the Bitcoin…

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Chinese Yuan-Backed Stablecoins Could Help Internationalize Currency, says Circle CEO

Chinese Yuan-Backed Stablecoins Could Help Internationalize Currency, says Circle CEO

Circle CEO suggests China should consider using CNY-backed stablecoins to promote the internationalization of its currency, emphasizing their potential effectiveness over CBDCs. Key Points In a recent interview with the South China Morning Post, Jeremy Allaire, CEO of Circle, suggested that the Chinese government should consider allowing Chinese Yuan (CNY)-backed stablecoins as a means to…

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