The developers of the decentralized music streaming platform Audius have confirmed that the platform has been hacked. They stated that the previously reported information about the theft of $6 million in cryptocurrencies is accurate. According to the service's founders, the hacker took advantage of a vulnerability in the decentralized control system (DAO) algorithm. According to the programmers,...
Well-known market analyst Mikael van de Poppe said that he had recorded the onset of a bear cycle low for most cryptocurrency assets. The expert gave a prediction according to which he expects a rapid increase in the value of many virtual currencies. In particular, it was about Curve DAO Token (CRV) and Fantom (FTM) According to...
It’s been a while since Mavenwit started in 2020, and it has been working with great companies around the globe now, have crossed more than 250+ SAAS partnerships, won multiple awards, and is now even backed by the incubators as well, in just 1.5 years. Lately, we heard about The Maven Show produced by Mavenwit,...
Cryptocurrency experts said the market had not experienced the most accessible moment since July 23, 2022. Over the past day, the total capitalization of all virtual assets fell by 4.14% to $1.06 trillion. Nevertheless, analysts assured that among the digital assets from the top 100 ratings, several at once managed to add in price and...
The California Fair Political Practices Commission has lifted a ban on accepting digital asset donations by politicians that have been in place since 2018. The participants voted unanimously to lift the restriction. The updated regulation involves transactions through a third-party payment processor headquartered in the United States. The latter must register with the Financial Crimes Enforcement Network and comply...
Cryptocurrency market experts gave a forecast regarding the price of the flagship cryptocurrency Bitcoin (BTC) for the next week. They noted that the value of the virtual asset could reach the price mark of $28,000 in anticipation that representatives of the Federal Reserve will hold a regular meeting. According to official figures, Fed members will meet on...
Ethereum (ETH) cryptocurrency developer Mariano Conti, who previously held the position of head of the intelligent contract research department at MakerDAO, recalled that back in 2018, experts predicted the collapse of Terra (LUNA). He noted that experts discussed the design flaws of the cryptocurrency in April 2018 and were highly far-sighted. The so-called "Death Spiral" Terra...
The main thing GameFi or game finance are blockchain projects that allow users to earn money through gameplay. The model combines game mechanics, elements of decentralized finance ( DeFi ), non-fungible tokens ( NFT ), as well as metaverses. According to the data for 2021, the GameFi segment tokens turned out to be the growth leaders; among them are the Gala...
We have collected the most important news from the world of cybersecurity for the week. The FBI spoke about criminals targeting crypto investors who stole more than $42 million through fraudulent applications. Yuga Labs has warned of possible upcoming cyber attacks on the NFT community. The alleged creator of the Gozi malware has been extradited...
Representatives of TRON DAO Reserve (TDR) have officially answered the community's frequently asked questions about the USDD stablecoin. According to the developers, this cryptocurrency is a decentralized digital coin with collateral. According to the organization's founders, USDD is the most reliable asset of this class in the cryptocurrency market, as it is not tied to US dollar...
