Author: Trishla Tyagi

Gamma has declared that it is negotiating the restitution of cash that were stolen and that it is in communication with the hacker behind a recent flash loan attack. There was a loss of 1,535 Ether (about $3.43 million) as a result of the attack. Blockchain security company CertiK discovered the assault, as previously reported by Foresight News. Gamma is currently in contact with the hacker via Etherscan and Arbiscan to talk about the possible return of the pilfered assets.

StreamCoin, a live streaming business, has launched registration for its NFT marketplace. The NFT marketplace, dubbed STRMNFT, will allow users to mint an NFT of their movie. StreamCoin’s own blockchain, Stream Chain, will be used by STRMNFT. StreamCoin, a Web3 live streaming startup, has announced the opening of its user registration page, after the successful launch of the STRMNFT marketplace. Users will be allowed to mint their own NFTs for free until July 2022 after registering. This is part of the company’s desire to show off a “user-friendly interface” to platform users, particularly influencers and live streamers who haven’t yet…

In order to launch blockchain NFT domains, Blockchain.com has teamed with the Web3 digital identity platform and NFT domain name vendor, Unstoppable Domains. According to the business, 83 million Blockchain.com wallet users will receive a free. blockchain domain in the coming weeks. For quite some time, Blockchain.com has been a pioneer in the crypto field, having published the first Bitcoin (BTC) block explorer in 2011. The firm announced this week that it has partnered with Unstoppable Domains, a Web3 digital identity provider. The company is a Web3 identification agency and a domain name supplier with 2.4 million registered usernames. The…

Edge, a cryptocurrency company located in San Diego, has announced the debut of a private crypto Mastercard that does not gather KYC information or levy transaction fees. Privacy advocates may rest easy knowing that “no name or address is connected with [the] Edge Mastercard.” Edge has launched the Edge Mastercard, a loadable crypto debit card that does not require KYC information. “Zero fees,” Edge said on Twitter after revealing the Mastercard to the company’s followers. Instant financing – With Edge Mastercard, anybody may instantly spend BTC, DOGE, DASH, LTC, and BCH with no need to provide any personal information.” Edge’s…

Neal Stephenson, the author who originated the phrase “Metaverse” 30 years ago, is establishing a blockchain project called LAMINA1 that will focus on the Metaverse. He’s also changed his mind on the Metaverse, noting that the experience would most likely be focused on flat 2D screens rather than virtual reality or augmented reality technology like headgear and glasses, as suggested by Meta and Microsoft. Stephenson is a well-known speculative fiction author who, in his 1992 sci-fi novel Snow Crash, explores the notion of a virtual reality realm dubbed the Metaverse. In addition to writing, the 62-year-old worked as the chief…

Litecoin (LTC) has been delisted from prominent cryptocurrency exchanges in South Korea, only weeks after the privacy-focused MimbleWimble (MWEB) update was announced. The Act on the Reporting and Use of Specific Financial Transaction Information, which restricts anonymous transactions, was mentioned by Upbit as the primary reason for the termination of LTC support. The delisting follows the much-anticipated MWEB update, which made LTC transactions private and obscured several crucial identifiers. The improvement was provided earlier this year, roughly two years after the suggestion was initially made. The crypto exchange contacted the Litecoin Foundation to learn more about the privacy-focused improvement, and…

The current condition of cryptocurrencies has been equated by Nobel Laureate economist Paul Krugman to the housing boom and the economic downturn. “It is a house constructed not on sand, but on nothing at all,” he remarked, referring to crypto’s lack of genuine worth. According to the Nobel Prize website, Krugman earned the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008 “for his study of trade patterns and the location of economic activity.” He started by mentioning The Big Short, a book and film about investors who bet on “the proposition that the huge rise…

The new fund will enable former Terra creators to stay on their feet after Terra’s demise by supporting the growth of NFT, gaming, and DeFi projects on Solana. Solana Ventures and the Solana Foundation have partnered to create a $100 million fund to assist nonfungible token (NFT), blockchain gaming, and decentralized finance (DeFi) initiatives in South Korea. The fund will assist keep certain Terra-based projects viable following the collapse of that ecosystem last month, in addition to supporting initiatives built on Solana (SOL). The Terra creators, according to the Solana Foundation, should not be held liable for what occurred on…

Kevin de Bruyne, a Manchester City footballer, has been named the official brand ambassador for crypto exchange Phemex. Many people in the crypto sector have delved into sports and vice versa, and this move is no exception. De Bruyne is a top-rated footballer who is appreciated by many throughout the world, and his effect on the sport of football is tremendous. As a result, the collaboration with Phemex is a force to be reckoned with. The player will join the platform as a global image representative and brand ambassador, according to the Singapore-based crypto exchange. De Bruyne stated that he…

A 401(k) plan administrator has sued the US Labor Department over its bitcoin instructions. “The goal of this case is to protect American investors’ freedom to choose how to invest their money in their own retirement plans.” The US Labor Department has been Accused of its crypto guidance The US Agency of Labor (DOL) and Secretary of Labor Martin J. Walsh has been sued over Compliance Assistance Release No. 2022-01, which was issued by the department. On March 10, the advice, titled “401(k) Plan Investments in ‘Cryptocurrencies,'” was released. According to the lawsuit, the Labor Department went beyond its statutory…

A relatively unknown Indonesian crypto exchange has raised a significant amount of money in order to expand its services to the country’s developing crypto sector. Pantera Capital, Intudo Ventures, and Lightspeed Venture Partners were among the venture capital companies that contributed to the $113 million Series B round. Furthermore, the investment comes after a $35 million Series A+ in August 2021 and a $6 million Series A in May. With a population of 280 million people, Indonesia is Southeast Asia’s most populous country, with a thriving crypto sector that has grown from six to twelve million users between February 2021…

The Iota Foundation has teamed up with Dell, ClimateCHECK, and BioE to use real-time carbon footprint data to combat climate change. The Iota Foundation, a nonprofit supplier of distributed ledger technology ecosystems, has teamed up with Dell Technologies to build a data-driven solution for real-time carbon footprint tracking. https://twitter.com/Dell_Edge/status/1533949500393508864?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1533949500393508864%7Ctwgr%5E%7Ctwcon%5Es1_&ref_ Dell’s edge solutions team has announced the addition of Iota, ClimateCHECK, and BioE to its development team to build a solution on top of Dell’s Data Confidence Fabric (DCF) and Project Alvarium efforts. Iota was a key contributor to Project Alvarium, which Dell initially proposed in 2019 as a way to…

Despite the fact that skeptics and experts point to volatility as a major worry, Australian Mayor Tom Tate announced that city citizens may be able to pay taxes and rates using cryptocurrency in the next months or years. In terms of cryptocurrency acceptability, the Gold Coast is one of Australia’s top cities. According to Statista, the Gold Coast, with a population of 721,687, is the tenth biggest city in Australia to have a bitcoin ATM that takes cryptocurrencies in-store. “If the danger is low, why can’t we pay interest rates in cryptocurrency?” “It’s not that horrible,” Tate said, implying that…

This spring a fast-food establishment named Bored & Hungry opened in Los Angeles, the first cafe inspired by a Bored Ape Yacht Club NFT. The organization behind that restaurant is bringing in artist and NFT fan Snoop Dogg to launch their next NFT-themed dinner. Snoop Dogg and Food Fighters Universe, a company created by Andy Nguyen, Kevin Seo, and Phillip Huynh, have unveiled plans to launch Dr. Bombay’s Sweet Exploration in Los Angeles. https://twitter.com/FoodFightersU/status/1532544866349027328?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1532544866349027328%7Ctwgr%5E%7Ctwcon%5Es1_&r Snoop (born Calvin Broadus Jr.) has given his Bored Ape Yacht Club avatar the name Dr. Bombay. With 10,000 distinct avatars showing bored cartoon apes, the…

Warner Bros. announced a partnership with Nifty’s, a non-fungible token NFT focused social media platform, and the two companies will launch a story-driven NFT collection named “Looney Tunes: What’s Up Block?” at the end of June. The next NFTs will present a new Looney Tunes plot while simultaneously commemorating the 80th anniversary of the character Tweety. https://twitter.com/Niftys/status/1532379629314625538 According to the American film and entertainment corporation Warner Bros. and the NFT-centric social media platform Nifty’s, a unique Looney Tunes-based blockchain application would use non-fungible tokens (NFTs) to convey a tale. Warner Bros. has announced that it would once again collaborate with…

As the country’s regulatory scrutiny grows, Polygon is establishing tougher consumer information for any possible collaborations for legal businesses based in India. The Layer 2 (L2) side chain now requires extensive Know Your Customer (KYC) information, according to a source with credible information on the subject. Polygon is now imposing this policy for any potential investments, grants, money, or financial support to Indian partners, he stated. Every day, the Indian market becomes increasingly interested in cryptocurrencies and blockchain technologies. Various government organizations, on the other hand, have their own distinct perspective on bitcoin, which they are particularly adamant about. In…

The CFTC has urged more examination of the proposal because it could lead to a monopoly of big companies. FTX has attempted to integrate brokerage services internally to perform trades automatically. Goldman Sachs, one of the world’s most prestigious investment firms, is apparently attempting to integrate some of its derivatives products into the FTX.US crypto derivatives marketplace. According to Barron, Goldman Sachs has been in talks with FTX about regulatory and public listing assistance and plans to expand into crypto derivatives by utilizing some of its own derivatives tools and services. https://twitter.com/Brett_FTXUS/status/1529782640504602630 FTX.US, the US arm of global cryptocurrency exchange…

Dmitry Vasiliev the co-founder and former CEO of the now-defunct Russian crypto exchange Wex was detained upon entering Croatia. Kazakhstan has issued a warrant for the crypto entrepreneur, accusing him of stealing money from an investor. Vasiliev was Nabbed at Zagreb’s Airport Dmitry Vasiliev, the former CEO of Wex, the former-Soviet space’s largest crypto trading site, was held at Franjo Tudjman Airport in the Croatian capital on Wednesday, May 25, according to Jutarnji List. Zagreb officials acted on a red warrant issued by Interpol in response to a request from Kazakhstan. Vasiliev, who currently resides in the Russian Federation, is…

The Ropsten testnet, one of Ethereum’s longest-running proof-of-work (PoW) testnets, is set to launch around June 8 through The Merge. Leading Ethereum developer Tim Beiko stated on Tuesday that the Ropsten Beacon Chain had been established as a testnet for Ethereum users, just in time for The Merge in August. The Merge will signify the end of Ethereum’s PoW design, and Ropsten will be the first long-running testnet to go through it. We’re Getting Closer to the Partnership The Ropsten testnet, which was developed about five years ago and is regarded one of the greatest clones of the Ethereum blockchain,…

Soros Fund Management’s CEO and CIO, Dawn Fitzpatrick, reaffirmed her pro-crypto attitude, claiming that the asset class is “here to stay.” She feels that the industry’s environmental impact will be critical, and as a result, Ethereum “is likely to get some more traction than Bitcoin.” Is Ethereum on the verge of Toppling Bitcoin? Dawn Fitzpatrick, an American investment banker, described the cryptocurrency industry’s recent progress. With Fidelity’s decision to allow investors to add bitcoin to their 401(k) retirement plans, she believes that “it’s gone mainstream.” https://twitter.com/DM_Rubenstein/status/1531706792501297155 Fitzpatrick believes that in the future, environmental impact will be a key factor that…