Blockchain News

Whitehat hacker receives $1.5M bug bounty after patch pumps token price

• by admin
• December 31, 2023

A bumper payout for identifying a critical bug in a smart contract caused increased confidence in the ArmorFi platform and a 100%+ token pump. A whitehat hacker has seen what was already one of the largest smart contract-related bug bounties ever awarded more than double, after the ARMOR token price pumped following the announcement of […]

Blockchain News

Crypto users to reach almost one billion in 2024, analysts predict

• by admin
• December 26, 2023

Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue. While 2023 put crypto in a tough spot, analysts remain optimistic that the industry will continue to grow, with some predicting that the number of users will reach nearly one billion in 2024.  […]

Blockchain News

Bitcoin will close 2023 as one of the top-performing assets, up 160% — Kaiko

• by admin
• December 24, 2023

Despite tight macroeconomic conditions and headwinds in the crypto industry, Bitcoin is up more than 160% in 2023, fueled by the excitement over ETF proposals. Bitcoin $43,622 is set to wrap up the year outperforming all major traditional assets, data provider Kaiko Research predicts. The cryptocurrency is up more than 160% in 2023 despite tight […]

Blockchain News

Crypto payment firm Alchemy Pay partners with Worldpay

• by admin
• December 20, 2023

The partnership allows Alchemy Pay users to access Worldpay’s Visa and Mastercard payment rails. Singaporean fintech firm Alchemy Pay has secured a partnership with United Kingdom-based payment processor Worldpay. According to the Dec. 19 announcement, the partnership will grant Alchemy Pay users access to Worldpay’s Visa and Mastercard payment rails for purchasing cryptocurrencies with their […]

Blockchain News

Blockchain adoption ‘accelerating very quickly’ in big finance — Franklin Templeton exec

• by admin
• December 19, 2023

News Major financial firms like JPMorgan and the Hong Kong and Shanghai Banking Corporation (HSBC) have ramped up their blockchain-related activities heading into 2024, accelerating the adoption of distributed ledger technology (DLT) within traditional finance.  On Nov. 3, JPMorgan executed its first decentralized finance (DeFi) trade on a public blockchain. The company rolled out programmable […]

Blockchain News

Ledger attack shows company ‘learned nothing’ after multiple breaches: ENS developer

• by admin
• December 17, 2023

Members of the crypto community shared their sentiments about the Ledger Connect exploit a day after the hack. Crypto community members have posted their responses to the Ledger Connect Kit exploit that affected multiple decentralized applications (DApps) across the Web3 space. On Dec. 14, a hacker attacked the front end of multiple DApps using Ledger’s […]

Blockchain News

BONK, PEPE and SHIB are a menace to crypto

• by admin
• December 14, 2023

Memecoins are a gamble — and they’re almost always scams. What motivates crypto buyers to continue losing their money for bad reasons? In 2013, the launch of a dog-themed crypto token as a private joke between a couple of software developers was a harmless piece of fun. The fact that Dogecoin DOGE $0.10 has since amassed […]

Blockchain News

This Web3 game puts interactivity, creativity and business at its heart

• by admin
• December 7, 2023

By emphasizing creativity, community, and a focus on the player experience, a newly launched Web3 game sets a new standard for next-generation gaming. An interactive and educational game allows players to build their own towns and be rewarded for their creativity without any pitfalls associated with other Web3 titles. The Web3 game Legacy, created by […]

Blockchain News

Reviving economic confidence with blockchain and gold

• by admin
• December 4, 2023

This eco-friendly blockchain ecosystem redefines financial stability by integrating gold, offering a sustainable and inclusive economic model. The economic landscape has been in a state of flux since the COVID-19 pandemic, which sent shockwaves through numerous industries. However, the seeds of economic instability were sown during the 2008 U.S. housing crisis. In 2023, the University […]

Blockchain News

Get prepared to the next bull run: Investor Demo Day to showcase the best of Web3

• by admin
• November 30, 2023

Cointelegraph Accelerator to hold the next Investor Demo Day on Nov. 30 in collaboration with Cipholio, Bitmart, Leadblock Partners and MetaEra. The Web3 ecosystem might have weathered a dry year during 2023 in terms of venture capital (VC) funding, but it surely had its highlights with many bountiful investments across a wide range of niches. […]