An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds.
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Can Web3 replace Web2… and what stands in the way of this happening? We look at some of the biggest challenges facing this burgeoning sector right now.
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
The paper's authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative.
Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore.
The theory is “not convincing enough to accuse the Wintermute project,” wrote BlockSec, as it highlighted that Wintermute’s actions during the hack made sense given the circumstances.
To attract more users and make blockchain gaming more mainstream, Kevin Shao says future titles should find a “balance” between and accommodate different users' tastes.
The Internet hacktivist group called on high-profile celebrities and big brands to speak up and take a stand.
Integration will roll out before the end of 2022, enabling General Message Passing on Sui blockchain.
"I am very sorry about the difficult financial circumstances members of our community are facing," writes Mashinsky.
Web3 data firm Space and Time is also supported by blockchain oracle firm Chainlink through its startup program.
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims.
Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability.
A survey showed that more than 70% of respondents believe they have the right tools to become crypto billionaires.
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications.
The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced.
James Edwards bases his accusations on what he feels are dubious transactions and smart contract code that doesn’t match the post-mortem analysis.
AC Milan partners with Solana blockchain-based football game MonkeyLeague, while Pixelmon attempts a comeback after poor reception to its NFT collection in February.
The news comes a couple of weeks after research firm Delphi Labs announced it would shift the focus of its research and development efforts toward the Cosmos ecosystem.