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Blockchain

Cypher Protocol Hit by $1 Million Attack; Freezes Smart Contract

The group has also reached out to the hacker to discuss the possible recovery. Hours after the issue was...

PayPal’s PYUSD Stablecoin Launch Signals Growing Acceptance and Regulatory Support

PayPal’s recent announcement of the launch of its payment stablecoin, PYUSD, highlights the increasing acceptance and potential of stablecoins in modern payment systems. This...

UAE signs deal to develop carbon credit system on Venom Foundation blockchain

The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with the Industrial...

Universities are ‘critical players’ for the future of Web3 — LBank Labs exec

Universities have a “critical” role to play in nurturing the next generation of Web3 talent, and academia must understand it to guide students toward...

Breaking: PayPal launches PYUSD stablecoin for payment

American financial technology company PayPal launched a new stablecoin called PayPal USD (PYUSD) on Aug. 7. The U.S. dollar-pegged stablecoin will be issued...

Worldcoin expects more companies to integrate in the coming months, says product head

Worldcoin has been in the spotlight since its launch on July 24, with users lining up to scan their irises for a digital ID...

UK to expand crypto crime agency, hiring spree underway

The United Kingdom’s National Crime Agency (NCA) wants to expand its digital assets investigation team by hiring four senior investigators for its Complex Financial...

Curve’s crvUSD depegs as market reacts to shock events

Curve Finance’s native stablecoin, crvUSD, briefly depegged on Aug. 3, reacting to an uncertain environment surrounding the protocol after its recent exploit. In the...

The Sandbox implements KYC measures for protocol staking

Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The announcement stated...

Futureverse co-founders launch $50M venture fund

Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse company Futureverse, have launched a new $50 million venture fund and studio.According to...

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