A Software Bug Let Hackers Drain $31M From a Crypto Service
An attacker exploited a vulnerability in MonoX Finance’s smart contract to inflate the price of its digital token and then cash out. Powered by...
Facebook Will Force More At-Risk Accounts to Use Two-Factor
The platform joins Google and others in requiring stronger protections for its most vulnerable users. Powered by WPeMatico
Korean Incubator Hashed Raises $200 Million for Web 3.0 Investments
Hashed, a Korean blockchain VC firm, has announced the launch of Hashed Venture Fund II, a new fund that will focus on investing in Web 3.0-based startups. The fund raised $200 million for these investments, and while the company did not disclose those who participated, it did announce it will be scaling operations to have a more global impact. Hashed Focused on Web 3 Investments Hashed, one of the biggest blockchain-based VC firms in...
Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes the metaverse is one of the most “exciting” developments in digital. Adidas Partners With Bored Ape Yacht Club, Punks Comic, and Gmoney...
‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies
Jordan Belfort, the former stockbroker whose memoir was made into a film starring Leonardo DiCaprio, has warned about investing in meme cryptocurrencies, like dogecoin (DOGE) and shiba inu (SHIB). Belfort explained that “People are taking advantage of an unregulated market,” emphasizing that “The sooner governments step in the better it is for crypto.” The Wolf of Wall Street’s Advice on Dogecoin and Shiba Inu Cryptocurrencies Jordan...