Wallets
Wallets

Chainlink downplays worries after users notice quiet change to multisig

Chainlink critics have reiterated concerns about the oracle network’s supposed centralization after a subtle adjustment to its multisig wallet. News Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal critics. Crypto researcher Chris Blec […]

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Wallets

CoinEx to resume service with new wallet system following $70M hack

CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposits and withdrawals for select cryptocurrencies. News Cryptocurrency exchange CoinEx is set to resume deposits and withdrawals for its users more than a week after it suffered a $70 million hack due to compromised hot wallet private keys. In previous […]

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Wallets

PayPal rolls out PYUSD stablecoin to Venmo users

The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo. News Major United States-based payment processor PayPal has announced its PYUSD PYUSD $1.00 stablecoin is now available on Venmo. In a Sept. 20 blog post, the payments firm said PayPal USD, the company’s stablecoin […]

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Wallets

OnlyFans, Patreon models turn to Web3 amid payment and censorship fears

Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3. Interview Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed. Leon Lee, founder […]

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Wallets

What is Gala Games and how to buy GALA coin?

Gala Games is a blockchain-based gaming platform enabling players to create, own, and trade in-game assets using cryptocurrencies. How to Echoing the momentum of GameFi (gaming and finance) and the great success of Axie Infinity, Gala Games was launched in 2019 to pursue technology development and innovation in play-to-earn (P2E) blockchain gaming. The global market […]

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Wallets

Remitano exchange hacked for $2.7M; $1.4M frozen by Tether

The Remitano exchange experienced suspicious transactions, as over $2.7 million was drained from its wallet by a single account. Breaking news Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on Sept. 14, which the team later confirmed was a hack. A total of $2.7 million worth of crypto was withdrawn through the attack. Tether […]

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Wallets

Californian lawmaker proposes legislation to protect actors from AI clones

Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers. A Californian lawmaker has introduced a bill to protect actors, artists, and entertainers from artificial intelligence, by mandating employment contracts to include informed consent when it comes to digital replicates. Ash Kalra, […]

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Wallets

This Bitcoin mining project attracts users with new tokenomics and DeFi opportunities

Although Bitcoin mining is a complex and expensive business, specialized services are emerging to lower the entry barriers for beginners. With Bitcoin mining difficulty at an all-time high, is it too late for beginners to start mining the largest cryptocurrency by market cap? The short answer is No — there are specialized services that make […]

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Wallets

Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO

While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused on building, says Yuga Labs CEO Daniel Alegre. Interview Big Tech player Meta gave the metaverse a bad name when it pushed its janky vision to the masses. Luckily, open online virtual worlds have continued to evolve, says Yuga Labs […]

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Wallets

Singapore’s central bank slugs Three Arrows founders with 9-year ban

Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore. News Singapore’s central bank has issued nine-year prohibition orders to Kyle Davies and Su Zhu over alleged violations of the country’s securities laws at their co-founded crypto hedge fund, Three […]

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