Earlier this week, Meta also announced it would join with other tech companies to create a Metaverse standards body.
Decentral Block Post
NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you.
Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC.
TAG Heuer has an NFT smartwatch: Nifty Newsletter, June 15–21
Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction amid the pandemic.
dYdX moves to Cosmos-based blockchain for v4 to optimize decentralization and trading flow
The protocol chose Cosmos as the best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second.
This is what's standing in the way of DeFi's 'NFTification'
NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good.
eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions.
Shopify unveils tokengated commerce as part of new connect-to-consumer experience
Select merchant partners will be able to rollout exclusive goods for NFT tokenholders.
Meet the Snoop Dogg impersonator who walked around NFT.NYC
Doop Snogg, the impersonator, was hired to “drum up excitement” at the NFT.NYC conference.
Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal
The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing.
Crypto resonates better with BIS’ vision of ideal monetary system
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.”
Solana whale moves $25M of USDC debt from Solend to Mango Markets
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more.
Tether to launch GBPT stablecoin pegged to British pound sterling
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.
Blockchain isn’t as decentralized as you think: Defense agency report
The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.
‘Disappointing:’ Cardano devs delay Vasil hard fork by a month
While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly.
BIS compares projects to transfer central bank digital currencies across borders
The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.
Why cross-chain interoperability matters for DeFi
With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution.
Bank of Israel experiments with central bank digital currency smart contracts and privacy
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.
GameFi continues to grow despite crypto winter: DappRadar report
The report seems to show that turbulence in the crypto markets has failed to rattle investments and forward movement of several GameFi and metaverse projects.
Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation
Magic Eden accounts for over 90% of NFT trading volume on Solana.
BIS: 90% of Central Banks are researching the utility of CBDCs
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.
Japanese film studio announces the production of a series based on crypto
Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in the films.
Crypto exchange BlockFi secures $250M credit from FTX amid bear market
At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds
What is Vulcan Forged (PYR) and how to make money playing it?
Vulcan Forged is a play-to-earn game that allows players to earn cryptocurrency by winning, selling, and upgrading their in-game assets.
Celsius warns community about fake accounts, pauses Twitter spaces and AMAs
Celsius Network announced that there is an increase in fake accounts on social media and warned users to be more vigilant.
Cloudflare outage affects multiple crypto exchanges
Users attempting to visit certain websites were met with a “500 Internal Server Error” notice due to a Cloudflare outage.
Bitfrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions
The move comes after 18 Polkadot parachain auctions were secured on the original SALP protocol.
High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective
At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang.
Resistance is futile! 3 reasons why Bitcoin mining will never go away
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done.