Sky Mavis, the company behind blockchain-based game Axie Infinity, has successfully closed a new $150 million funding round led by crypto exchange Binance, according to a press release shared with CryptoSlate today. Always have, always will be there for our Labs family member! @SkyMavisHQ @AxieInfinity đđ« Looking forward to our LONG way ahead together.https://t.co/218hdGRYm2 â…
A pseudonymous user, known as âs27,â today lost roughly $570,000 worth of non-fungible tokens (NFTs) after exchanging his Bored Ape Yacht Club (BAYC) #1584 and two Mutant Ape Yacht Club (MAYC) tokens for fraudulent NFTs deceptively disguised as genuine. The exchange was first spotted by crypto enthusiast Quit thanks to his Discord server configured to…
Opera, the developer of its eponymous multi-platform web browser, added support for eight major blockchains today as part of its âgiant leap into web3.â âOpera, the company behind the worldâs first native web3 browser with built-in crypto wallet, today announced adding support for several major blockchain ecosystems, including Solana, Polygon, StarkEx, Ronin, Celo, Nervos, IXO…
Ronin Network, an Ethereum-based sidechain created by Axie Infinity developer Sky Mavis to support its popular non-fungible token-based game, was exploited by an unknown hacker (or a group) and lost roughly $615 million worth of crypto today. âThe Ronin bridge has been exploited for 173,600 Ethereum and 25.5M USDC. The Ronin bridge and Katana Dex…
A new proposal published by the U.S. Treasury suggests that cryptocurrencies such as Bitcoin and Ethereum should be added to the Internal Revenue Serviceâs (IRS) rules for reporting taxpayersâ offshore accounts. A recently published document, titled âGeneral Explanations of the Administrationâs Fiscal Year 2023 Revenue Proposals,â explains that Section 6038D of the Internal Revenue Code…
Iconic singer/songwriter and actress Madonna joined the proud ranks of âape holdersâ today, flaunting on Instagram a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) she purchased for about $560,000 via fintech firm MoonPay. âI finally entered the MetaVerseâŠMy very own Ape! What should I name her? Thanks @moonpay,â Madonna wrote on her Instagram. âWe…
The Bank of England (BoE), the United Kingdomâs central bank, has reportedly begun developing a new framework aimed at bringing cryptocurrencies and stablecoins into various existing regulatory fields. According to a report published by Reuters today, the regulatorâs two main concerns are a possibility of Russia using crypto to evade sanctions (imposed on it following…
The price of LRC, the native token of Ethereum-based scalability solution Loopring, has jumped by up to 35% after the protocol officially announced its integration and the launch of GameStopâs non-fungible token (NFT) marketplace beta yesterday. The future of #NFTs are here + they’re powered by #Ethereum‘s second layerđ Loopring L2 x @GameStop Power to…
Arthur Cheong, the founder of crypto-asset fund DeFiance Capital who is also known as Arthur_0x on Crypto Twitter, became the latest target of a âsocial engineering attackâ today, losing roughly $1.8 million worth of crypto and non-fungible tokens (NFTs). The only thing I can say to the hacker is: you mess with the wrong person….
The government of Ukraine, which according to various estimates has already received about $33 million worth of crypto donations, has recently announced an airdrop aimed at its benefactors. However, some expressed dissatisfaction with the fact that certain donors apparently wonât be rewarded for their humanitarian aid. Answering to the humanitarian appeal from @FedorovMykhailo, TRON community…