Gala Games CEO Eric Schiermeyer has admitted to significant internal control failures following a recent security breach that resulted in the theft of $23 million worth of GALA tokens. On May 20 at 7:32 pm UTC, blockchain observers noted...
A NFT version of a soccer game based on the Japanese manga and anime series "Captain Tsubasa" has been launched officially on the Oasys blockchain, a platform focused on Web3 gaming. The Oasys team announced the game's release on...
On May 2, Ethereum Name Service (ENS) officially petitioned the United States Patent and Trademark Office (USPTO) to challenge the validity of a patent granted to Unstoppable Domains (UD) in January 2023. The blockchain domain service company says its...
DeFi lending protocol Aave developer Aave Labs has revealed its ambitious roadmap for the protocol's future evolution. The firm published a proposal on May 1 2024 that outlines plans to upgrade the protocol to its next-generation version 4, with...
Gas fees on the Ethereum network have plunged to a six-month low, even as the price of Ether rallied slightly over the weekend, prompting crypto analytics platform Santiment to suggest a potential upcoming altcoin rally. According to an April...
Blockchain's greatest strength is its self-sufficiency, yet it is also its greatest weakness. The closed nature of blockchain technology makes it unsuitable for applications requiring real-time access to off-chain data. Hence, the incredible technology is almost useless for mainstream...
Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision...
Pudgy Penguins is another NFT project that has captured the crypto community's attention, similar to big players like CryptoPunks, Bored Ape Yacht Club, and Azuki. This project has a rather interesting story of rising, falling and rising again within...
DeFi has thrived on certain blockchains, such as Ethereum and Solana, but not on Bitcoin, primarily due to Bitcoin's limited support for complex smart contracts. The Taproot Upgrade in November 2021 was a concerted effort to demonstrate that...
Ethereum staking platform Lido recently announced that more than 30 million ETH (approximately $40 million) had been staked on the blockchain. This amount accounts for about 25% of the total circulating supply. The platform shared this information in a...
