Silicon Valley Bank Clients Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said Original Source
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Platypus Finance creates compensation portal for users following $9.1M exploit
Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit that the platform suffered.On Feb. 16, the DeFi protocol suffered a flash loan attack, pushing the Platypus USD stablecoin to break its peg
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Security team creates dashboard to detect potential NFT hacks in OpenSea
A wallet security team released a real-time dashboard that lets community members detect, track and monitor potential nonfungible token (NFT) hacks using offline signatures in the OpenSea marketplace. According to the team behind crypto wallet ZenGo, they created an NFT hack detector using a simple method. This includes tracking realized NFT
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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions had a negative impact on crypto prices last week and at the start of this week. The SEC is focusing on stablecoin issuers. The most recent SEC stablecoin crackdown
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Bitcoin price over $20K creates FOMO with 620K new BTC wallets
The Bitcoin (BTC) price surge above $20,000 in the second week of January led to a market FOMO (fear of missing out), especially among small BTC holders.There was a significant surge in BTC addresses holding 0.1 BTC or less after Jan. 13. According to data shared by crypto analytics firm Santiment,
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Insights into Web3 Gaming: How AI Creates the New Genshin Impact
“Genshin Impact” has been a game changer in the video game industry. Seemingly coming out of nowhere and released to the world in September 2020, developer miHoYo has created an open-world, multi-platform game which has become one of the highest-grossing mobile games of all time, and the highest-ever grossing video
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Argentine Government Creates a National Blockchain Committee
“Blockchain technologies have emerged as one of the greatest innovations in the field of information technologies, providing the effective possibility of optimizing public sector processes and the traceability, transparency and efficiency of the services provided to citizens by recording transactions with higher levels of security,” the government said in the
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Animoca creates billion-dollar metaverse fund for developers
The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia on Nov. 30.Animoca Brands’ co-founder Yat Siu said in an interview that the fund could potentially have up to $2 billion dollars to allot to mid to late-stage
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Binance creates industry recovery fund to help projects struggling with liquidity
As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues. In a tweet, Binance CEO Changpeng Zhao said that the fund aims to reduce the cascading negative effects of the collapse
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Solana-Based NFT Marketplace Exchange.Art Creates Royalties Protection Standard
Alex Fleseriu, CEO of Exchange Art, told CoinDesk that because the platform was originally built for artists “exploited” by the lack of set royalties in the fine art world, it remains motivated to help artists more fairly earn their share in Web3. Source
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