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NFTs Will Play a Critical Role and Translate into Transferable Credentials: HBAR’s Alex Russman (Interview)

As a part-time philosopher of digital fashion, identity, and ownership, he gave a notable keynote address in 2020 on fashion, gaming, and blockchain while directing business development for Enjin, the team behind the ERC-1155 multi-token smart contract standard. At the Paris Blockchain Week conference in April, CryptoPotato got the chance to talk to Alex Russman, Director of Hedera’s Consumer Engagement Fund, about the future of Web3, NFTs, HBAR, as well as the growing hype...

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DeFi Crisis Averted: NEAR Protocol’s Rainbow Bridge Attacker Loses 2.5 ETH

On May 1, the NEAR Protocol Rainbow Bridge was attacked. The cross-chain bridge had temporarily been suspended for maintenance after detecting abnormal activities. In a detailed post, Alex Shevchenko, CEO of Aurora Labs, revealed that the attack was stopped automatically as the bridge architecture was designed to resist such events. No funds were lost during the event, Shevchenko added. The Attack It all started when the attacker sent some ETH through the popular coin mixer,...

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TrueUSD Names Five Banks Holding the Stablecoin’s USD Reserve

TUSD is currently in collaboration with five banks. Partner banks provide a safeguard for TUSD’s asset security. TUSD is now audited by auditing firm Armanino. Stablecoin TrueUSD (TUSD) named five of its current bank collaborators that ensure asset security for its USD reserves. According to TUSD, it currently works with Signature Bank, Silvergate Bank, Prime Trust, First Digital Trust, and BitGo for the safekeeping of USD assets that back the value of the stablecoin....

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What’s the Craze Around The Next War, a blockchain-based Play-To-Earn shooting game?

Shooting games have been a popular genre with one the largest user base of all. And with blockchain technology making inroads in the gaming industry, why not make the best out of both and create something fun and exciting? So, here we are with The Next War (TNW), a game that takes the Battle Royale style a step ahead. While there are a bunch of other games in the market, none of them are sustainable. You spend a few hours playing one but does that help in any way apart...

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Coinbase Cloud Collaborates With Acala Foundation in Support of Liquid Staking

Web 3 and blockchain infrastructure provider Coinbase Cloud has announced a new partnership with Acala Foundation, the DeFi hub of Polkadot, by first bringing KSM liquid staking on Karura. KSM is the native token of the Kusuma network, a public pre-production environment for Polkadot. Unlike traditional staking in proof-of-stake networks, Liquid staking allows asset delegators to access their funds while staking their tokens. In this way, validators can put their staked...

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15% of Tornado Deposits Are From Ronin Exploiter: Data

The exploiter behind Ronin’s massive $625 million bridge attack has managed to move thousands of ETH to privacy tool Tornado Cash. A month after, what many consider the largest exploit in DeFi history, on-chain data shows that 15% of Tornado deposits are from the Ronin attacker. This was revealed by Alex Svanevik, CEO of the blockchain analytics platform Nansen. 15% of Tornado deposits are from the Ronin exploiter pic.twitter.com/yYsisOzJvu — Alex Svanevik🐧 (@ASvanevik)...

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BNY Mellon Enters Singapore’s Digital Assets Market With BAS Tie-Up

Blockchain Association of Singapore (BAS) on Wednesday announced a partnership with American banking major BNY Mellon. As per the MoU, the latter comes on board BAS as a strategic collaborator. BAS’ tie-up with BNY comes in the wake of a generally strict regulatory environment both in Singapore and globally, coupled with an increasing interest of institutional investors in digital assets. The advocacy organization for the blockchain industry appointed Richard Teng, a former...

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LBank Exchange Will List Dingocoin (DINGO) on May 5, 2022

INTERNET CITY, DUBAI, Apr. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Dingocoin (DINGO) on May 5, 2022. For all users of LBank Exchange, the DINGO/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 5, 2022. Dingocoin (DINGO) is a community-driven open-source project and its direction is formed by the many contributors to the various projects of the Dingocoin blockchain and ecosystem. It’s packed with...

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LBank Exchange Will List Talent (TNT) on May 4, 2022

INTERNET CITY, DUBAI, Apr. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Talent (TNT) on May 4, 2022. For all users of LBank Exchange, the TNT/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on May 4, 2022. The religious life in church that used to be centering around on-site contact services had to go through the transition to untact (online) services due to the spread of COVID-19 and continuous operation of...

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LBank Exchange Will List Super Kids (KIDS) on May 5, 2022

INTERNET CITY, DUBAI, Apr. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Super Kids (KIDS) on May 5, 2022. For all users of LBank Exchange, the KIDS/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on May 5, 2022. There are about 1.97 billion kids around the world, and their growth is constantly changing every year due to changes in food, culture, etc., making data about kids difficult to be kept up to date. To...

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