Funds tied to the latest Euler Finance exploit are on the move. According to on-chain data, the attacker sent ten transactions to mixing service Tornado Cash worth 100 Ethereum each from an intermediary address, and still holds 1,500 ETH labeled as “Fake Phishing” at the same address. The address has sent a total of 1,000 ETH, worth roughly $1.6 million.…
Month: March 2023
Crypto winter can take a toll on hodlers’ mental health – Cointelegraph Magazine
With so many struggling to maintain emotional well-being during this crypto winter, self-improvement and mental health experts can help navigate the ups, downs and soul-shattering experiences that a long-term bear market can bring. Mental health professional Elizabeth Sterbenz and wellness thought leader Srikumar Rao discuss with Magazine how to cope with the depreciation of crypto portfolios, move forward and illuminate…
9 key metrics to analyze the health of a bank
A bank health check is a comprehensive assessment of a bank’s financial condition, performance and risk management practices. It is conducted by banking regulators or independent auditors to evaluate the bank’s ability to withstand adverse economic conditions and potential risks, including credit risk, market risk, liquidity risk and funding risk. The bank’s financial statements, including the balance sheet, income statement…
‘Experiential’ NFT Art Platform Wild Reveals Latest Artists in Residence
The Web3 world has no shortage of NFT platforms, but Wildxyz (or Wild) is trying what it believes to be a unique approach: one focused on “experiential” artwork, founder and CEO J. Douglass Kobs told Decrypt, as well as one built around a residency program that helps artists immerse themselves in Web3 as well as a community of fellow creators.…
Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year – Bitcoin News
Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to Traditional Instruments Less than a…
two roads to Web3 adoption
Launchpads and launch pools are both great options for blockchain startups that want to hold a public token offering and secure decentralized funding. As a project founder, it’s important to understand the difference between launchpads and launch pools so that you can take advantage of both scenarios. Launchpads vs. launch pools There are many similarities between launchpads and launch pools.…
What Is Gnosis? – Decrypt
In brief Gnosis started out in 2015 as a decentralized prediction market on the Ethereum blockchain. Established at the end of 2020, GnosisDAO is the collective steward of the Gnosis ecosystem. The CoW (Confidence of Wants) protocol is a permissionless decentralized exchange (DEX) Originally envisioned as a decentralized prediction market, Gnosis is a blockchain project running on top of the…
The metaverse strikes back
Even the harshest critics cannot deny the exponential growth opportunity for metaverse tokens. Not only are they not completely governed by the same forces behind popular cryptocurrencies, but as time progresses, it’s increasingly difficult to write off the metaverse as a mere ‘fad’ as investors begin to understand where the industry can genuinely lead. With the metaverse tokens and this…
The metaverse strikes back
Even the harshest critics cannot deny the exponential growth opportunity for metaverse tokens. Not only are they not completely governed by the same forces behind popular cryptocurrencies, but as time progresses, it’s increasingly difficult to write off the metaverse as a mere ‘fad’ as investors begin to understand where the industry can genuinely lead. With the metaverse tokens and this…
Is crypto a commodity or a security?
The crypto industry waits anxiously for the decision of Judge Analisa Torres of the Southern District Court of New York on the Securities and Exchange Commission (SEC) versus Ripple Corporation case. Ripple owns the popular XRP crypto token, which is currently still in the Top 10 of Coinmarketcap.com, a popular token-tracking website. The SEC charged in December 2020 that “Ripple…