Playdapp, a Web3 gaming platform, recently confirmed that it was a victim of a hacking incident which saw criminals mint tokens worth approximately $31 million. Playdapp said it has offered to reward the hackers if they agree to return the stolen assets and contracts. Crypto Exchanges Urged to Block Compromised PLA Tokens Playdapp, a Web3 […] Source: https://news.bitcoin.com/playdapp-breach-hacker-mints-tokens-worth-31-million-gaming-platform-offers-reward-for-silence/
Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded exchange-traded product, has sold off about 2,252.2 bitcoin, amounting to roughly $108 million. New Bitcoin […] Source: https://news.bitcoin.com/9-bitcoin-etfs-accumulate-208878-btc-worth-10-billion-overshadowing-grayscales-sell-off/
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559, which changed how fees are calculated. EIP-1559 Burns […] Source: https://news.bitcoin.com/raging-inferno-over-3-of-all-ether-supply-has-been-burned-since-implementing-eip-1559/
Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring Disney-owned intellectual properties (IPs) which will benefit from interaction and coexistence with Fortnite. The Disney Metaverse Is Coming Disney is […] Source: https://news.bitcoin.com/disney-to-acquire-1-5-billion-stake-in-epic-games-aims-to-create-joint-metaverse/
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000 irregularities in crypto tax statements, and Argentine President Javier Milei warns there will be no dollarization this […] Source: https://news.bitcoin.com/latam-insights-bukele-wins-presidential-ballot-by-landslide-brazil-strengthens-crypto-tax-oversight/
Illustration by Mitchell Preffer for Decrypt Crypto Twitter’s inhabitants spent the week fawning over life on another platform—Farcaster, the ascendent decentralized social media protocol—as well as other novel tech innovations. In a matter of days, Farcaster catapulted from relative obscurity to crypto industry darling, principally thanks to the debut of a novel feature on the network—Frames—that allows users to play…
Illustration by Mitchell Preffer for Decrypt. Bitcoin and all other major coins and tokens have made gains over a seven-day period after what looked like was going to be a boring week. BTC was sitting still on Monday but by Thursday it was surging. The price of Bitcoin is now comfortably over $47,000 per coin, according to CoinGecko. That’s a…
Spot Bitcoin exchange-traded funds (ETF) are close to their first month anniversary of operating, but there is a chance the field of ETFs may shrink by the end of the year, said Valkyrie Funds’ Chief Investment Officer Steven McClurg. McClurg predicts that of the ten issuers currently operating, only “about seven or eight” will be left standing. The reason, he…
The crypto and NFT gaming space is busier than ever, with prominent games released, token airdrops piling up, and a near constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto…
Crypto gaming ecosystem Treasure had options. Built on Arbitrum, the platform—which currently spans 15 games—attracted proposals from the Optimism, zkSync, and SKALE teams in recent weeks to migrate to another Ethereum scaling network. Instead, Treasure intends to double down on Arbitrum. This week, the ecosystem’s core team announced plans to launch a Treasure Chain built on Arbitrum and using its…
