Blockchain

Blockchain-based metaverse company – The Sandbox – has warned its users about a security breach through a malware application. According to the official blog post, an unauthorized third party managed to gain access to the computer of one of its employees and used the information it found to send an email falsely claiming to be from The Sandbox. Its statement read: “We have blocked the employee’s accounts and access to The Sandbox, reformatted the employee’s laptop, and reset...

[PRESS RELEASE – Geneva, Switzerland, 2nd March 2023] TRON has taken a major step towards combining artificial intelligence with blockchain technology by partnering with Oraichain, the world’s first AI-powered oracle and ecosystem for blockchains. This partnership solidifies the future of decentralized AI by providing education, incubation, and technical integrations to developers, thereby empowering them to build advanced solutions that utilize and leverage artificial...

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Protocol Labs – an early pioneer of blockchain and web3 technology – has let go of more than 89 people, which amounts to roughly one-fifth of its present staff count. Protocol Labs Is Letting Go of A Ton of People The firm is backed by financial players like Andreesen Horowitz. Protocol states the decision to let people go has to do with the present market conditions and the overall bearish sentiment of the digital currency industry. At this stage, more than 26,000...

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Visa’s crypto head dismissed an earlier report from Reuters about the company halting crypto-related launches as inaccurate. Instead, he said Visa will continue to partner with more cryptocurrency firms that can facilitate stablecoin payments, despite the ongoing bear market. Visa Exec Refutes Reuters Report In a tweet thread on Tuesday (Feb. 28, 2023), Cuy Sheffield, head of crypto at Visa, responded to an earlier Reuters report concerning the company, stating that the...

The field of decentralized finance, commonly referred to as DeFi is seen by many as an alternative to centralized financial solutions in a way where users are able to transact and rely on various services without any intermediaries. This brings the promise of a censorship-resistant ecosystem where anyone can rely on regular financial services irrespective of nationality, status, gender, income, credit score, and whatnot. However, DeFi in itself can also be very confusing,...

[PRESS RELEASE – Please Read Disclaimer] The partnership enables users seamless access to the Web3 ecosystem and the ability to transfer tokens across different chains without switching wallets March 1, 2023 – Multichain, the ultimate router for web3, has partnered with OKX Wallet, a leading self-custodial solution for digital assets, to expand cross-chain capabilities in the world of blockchain. As part of the partnership, OKX DEX, the built-in decentralized exchange to the...

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