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How Does an Online Metaverse Look Like?

How Does an Online Metaverse Look Like? This article will talk about Second Life, Microsoft Mesh, Roblox, and Horizon Worlds. We'll also look at Microsoft's latest efforts in this space, like Horizon Worlds. The goal is to give you an overview of how these virtual worlds work. PlayStation Home, the OASIS, and Horizon Worlds are just a...

Coinbase Ventures Closed 71 Venture Deals in Q1

Coinbase Ventures Closed 71 Venture Deals in Q1

The venture arm of the American cryptocurrency company Coinbase concluded 71 deals in the first quarter of 2022. Coinbase Ventures: What happened in Q1? We had the Around The Block crew break it down. Observations include multi-chain proliferation, DeFi & NFT expansion, and GameFi 2.0. Full details here 👉 https://t.co/aCcMxBKfWe pic.twitter.com/y4J8nc0UOl — Coinbase (@coinbase) April 21, 2022 The chart below...

Hacker hacked Zeed's DeFi protocol but didn't take $1M

Hacker hacked Zeed’s DeFi protocol but didn’t take $1M

An unknown person exploited a vulnerability in the Zeed DeFi protocol based on BNB Chain, but did not withdraw funds for $1 million. 1/ What if rewards can be tripled? Our system detected an attack transaction(https://t.co/xk8Tet2o0Q) that exploited the reward distribution vulnerability in ZEED on #BSC.@zeedcommunity @defiprime — BlockSec (@BlockSecTeam) April 21, 2022 The hacker issued additional YEED project...

Andreessen Horowitz Opens Web 3.0 Research Lab

Venture capital firm Andreessen Horowitz (a16z) has created a division to research cryptocurrencies and other technologies related to Web 3.0. 1/ I'm excited to announce that I've joined @a16z crypto as Head of Research! https://t.co/GGPFw0Fls6 — Tim Roughgarden (@Tim_Roughgarden) April 21, 2022 The department was headed by Columbia University computer science professor Tim Roughgarden. “Today, we are pleased to...

DeFi Project Bastion Raises $9M From Three Arrows Capital And FTX

Bastion's lending protocol closed a $9 million Series A funding round led by Three Arrows Capital. 5/ 📢 Many exciting features will be rolled out over the next few wks. These include leveraged yield farming, interest rate swaps, new asset listings, more Realms, inter-realm yield-optimizers, and most importantly, veBSTN. Bastion plans to gamify DeFi through loyalty-based...

The American regulator pointed out the shortcomings of the Anchorage compliance program

The American regulator pointed out the shortcomings of the Anchorage compliance program

Office of the Comptroller of the Currency within the US Treasury (OCC) accused Cryptocurrency bank Anchorage is “in violation of an operating agreement” with the regulator. The department explained that the company's compliance program does not cover the required provisions BSA/AML. “OCC places the same high demands on all nationally registered banks, whether they are traditional...