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Showing posts from May, 2023

Crypto.com App Lists Access Protocol (ACS)

  Crypto.com App Lists Access Protocol (ACS) Buy ACS at true cost with USD, EUR, GBP, and 20+ fiat currencies MAY 30, 2023 Access Protocol  (ACS) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO). Access Protocol is a monetization platform for digital content creators, that can be staked in order to access various digital publications. Built on Solana and Starknet, they offer an alternative to B2C subscriptions, thus aiming to revolutionize the way content creators can monetize their content. In this model monetization layer, users can support their favourite content creators directly and receive benefits for their patronage. ACS is the Solana SPL utility and governance token of Access Protocol. ACS can be utilised across participating creators by distributing ACS token or other benefits to th...

Epic Games Expands Its Gaming Universe

  Project Red and Defimon NFT Games Join the Roster Discover the latest gaming revolution as Epic Games introduces Project Red and Defimon to its impressive roster. Immerse yourself in the thrilling mafia-themed metaverse of Project Red and embark on an enchanting blockchain-powered adventure with Defimon . In a thrilling announcement, Epic Games, the powerhouse behind the popular gaming phenomenon Fortnite, has unveiled two groundbreaking additions to its ever-expanding repertoire of games. The gaming giant has entered into major collaborations with the mafia-themed metaverse game,  Project Red , and the enchanting blockchain-based Pokemon-like game,  Defimon . With these exciting partnerships, Epic Games continues to solidify its position as a pioneer in the world of gaming, attracting millions of active users worldwide. Epic Games and NFTs With  over 230 million registered users  and an astounding  34.3 million daily active users , Epic Games has fi...

The true story of The Descendents

  Once upon a time in a faraway galaxy, there existed a lone prince named CatastrophiX from the planet Avalon. CatastrophiX was the last of his kind, as a catastrophic event had destroyed his home planet and left him as the sole survivor. Determined to carry on his legacy, CatastrophiX embarked on a quest to explore the universe and find a new purpose for his existence. As he traveled through different star systems, CatastrophiX journey led him to a small blue planet called Earth. Intrigued by the planet's vibrant and diverse culture, he decided to observe its inhabitants from a distance. During his observations, CatastrophiX noticed that the people of Earth had created a revolutionary form of currency known as cryptocurrency coins, tokens and NFTs. Intrigued by the concept, CatastrophiX delved deeper into the world of cryptocurrency. He studied its origins, its underlying technology, and the impact it had on the global financial landscape. He realized that this decentralized form ...

FTX to Come Back to Life

  The best exchange for your coins  BINANCE   News: FTX, a cryptocurrency exchange that had previously declared bankruptcy, may soon see its revival plans come to fruition. The latest court filings reveal that the newly appointed CEO, John Ray, is diligently working on a comprehensive strategy to rejuvenate the exchange. As per the court documents dated May 22, the FTX team shared a report outlining the compensation details of Ray for his efforts during the Chapter 11 bankruptcy proceedings. The report acknowledged Ray’s endeavors to safeguard the best interests of the debtor, citing a range of activities undertaken by him. However, it was the mention of the FTX reboot that captured the attention of the cryptocurrency community. Ray initially discussed the idea of reviving the struggling crypto exchange back in January. Reports at that time indicated that the bankrupt exchange had discovered $5.5 billion in liquid assets, with the new CEO collaborating with creditors to d...

Attacker hijacks Tornado Cash

  The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router. Adding to the existing roadblocks of the decentralized crypto mixer Tornado Cash, an attacker managed to gain full control of the governance through a malicious proposal.  On May 20 at 3:25 ET, an attacker successfully granted 1.2 million votes to a malicious proposal. Given that the proposal received more than 700,000 legitimate votes, the attacker gained total control over Tornado Cash governance. The information was shared by @samczsun of research-driven technology investment firm Paradigm, who revealed that, when sharing the malicious proposal, the attacker claimed that it used a logic similar to a proposal that had previously passed by the community. However, this time, the proposal had an additional function.  As explained by @samczsun: “Once the proposal was passed by voters, the attacker ...

DON'T enable this feature on Ledger Nano X

  ‘There Is No Backdoor,’ Ledger Says in Response to Recover Reactions Ledger’s newest Nano X update allows users to subscribe to a recovery tool that encrypts the users’ seed phrase and sends it to different custodians to reconstruct the seed after going through ID verification. However, Ledger customers are less than pleased by the news. Mudit Gupta, Polygon Labs’ chief information security officer, warned users not to enable the feature, calling it a “horrendous idea.” Though Gupta did not take issue with the breakup of the key — he praised it, stating that “I may or may not be doing that personally as well.” Gupta’s concern stems from the ID verification and the key access given to the contacts who are chosen by a user to store key parts, as it could open a door for identity theft. Ledger just released a new update for Nano X that allows social recovery of your seed phrase. It encrypts your seed in 3 shards and sends it to different entities that can then reconstruct the seed ...

Binance Announces Exit from Canada, Citing Regulatory Tensions

  The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Crypto exchange Binance has announced that it would cease operations in Canada, citing the challenging regulatory environment. “We had high hopes for the rest of the Canadian blockchain industry,” the company said in a Friday  tweet . “Unfortunately, new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time.” In February, the Canadian Securities Administrators (CSA)  revealed  new guidance that prohibited crypto asset trading platforms within the country from allowing customers to buy or deposit stablecoins without the CSA’s prior approval. Obtaining approval would require the crypto trading platform to pass the CSA’s various due diligence checks. In its Friday tweet, Binance added that it did not agree with the new regulations but still hopes to ...

ZilPepe The Future of a Revolutionary Token on Zilliqa blockchain

  In the world of cryptocurrency, innovation is key. The ability to provide unique solutions to complex problems is what sets successful tokens apart from the rest. ZilPepe is a prime example of such an innovative token that has the potential to revolutionize the world of crypto. In this blog post, we'll explore the future of ZilPepe, the team behind it, and whether it's a safe investment. What is ZilPepe ? ZilPepe is a new token that is built on the Zilliqa blockchain. It's a unique token that offers a variety of use cases, including the ability to create and trade NFTs, access exclusive content, and participate in community-driven events. ZilPepe is also designed to be used as a governance token, allowing holders to have a say in the decision-making process for the future of the token. The flagship memecoin of Zilliqa blockchain. The most shitty & useless memeable memecoin in existence of Zilliqa. Zilpepe is here to make memecoins great again. $ZILPEPE is a coin for t...

Binance CEO vs. Tron founder over SUI token issue

On April 30, Binance announced the launch of the 33rd project on its Launchpool, namely Sui. The Sui project, with its SUI token, is a level 1 DPoS blockchain based on the Move programming language.  Staking and farming of SUI started yesterday, in BNB and TUSD.  It must be remembered that since Binance USD (BUSD) had problems, the exchange’s preferred stablecoin has become True USD (TUSD).  When SUI’s liquidity meets Binance‘s requirements, the exchange will start trading SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB pairs. The problem caused by Justin Sun according to CZ at Binance Just yesterday, Whale Alert reported that over 56 million TUSD were transferred from  Justin Sun  to Binance.  Upon hearing the news, the  CEO of Binance  posted a tweet reporting that the exchange team told the Tron founder that they would take action against him if he used any of those tokens to purchase SUI.  The reason is that Binance’s LaunchPool i...

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