Author: CryptooTimes
XLink partners with Kaamel Technology to investigate the initial cause of the breach while accelerating previously communicated security upgrades Source link
Telegram’s Hamster Kombat game has amassed 8 million users in four weeks. It shows how gaming could be a potent tool for Web3 projects looking for audiences. Source link
Empowering Community Engagement and Cybersecurity Awareness in the Web3 Space Introduction Interlock, a leader in Web3 cybersecurity solutions, has launched an innovative Ambassador Program aimed at promoting community engagement and raising awareness about digital safety. To learn more and ask questions, join the upcoming Twitter Spaces AMA on May 23rd at 2:30 UTC. This program not only highlights Interlock’s commitment to security but also provides a platform for individuals to contribute to the growing Web3 ecosystem. Here’s an in-depth look at the new initiative, its structure, and how you can get involved. What is Interlock? Interlock tackles Web2 security challenges…
Neobank EQIFi has partnered with Wyoming-based firm MatterFi to combat crypto security concerns by combining web2 security methods with improved web3 techniques. An ImmuneFi report highlighted that hackers stole over $200 million worth of digital assets during the first quarter of 2024. According to EQIFi and MatterFi, the research underscores that traditional security options like alphanumeric passwords and two-factor authentication are outdated in today’s digital landscape. To enhance crypto security and address issues of theft, fraud, and digital asset money laundering, the Neobank has tapped MatterFi’s patent-pending technology. The collaboration will offer private “send-to-name” blockchain addresses through a peer-to-peer platform. EQIFi’s…
RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more. Source link
The notice appears to hint at a possible coming enforcement action against the platform, reminding investors that the AMF “reserves the right, under the terms of the Monetary and Financial Code, to take legal action to block the website of this platform” and that retail investors should “take all necessary measures to avoid being unable to access their assets.” Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 5th Scape, a new VR cryptocurrency, has raised $6 million and is poised for significant growth according to investors and analysts. The new crypto presale of 5th Scape has hit a new milestone after raising $6 million. 5th Scape is a VR cryptocurrency that harnesses this new technology to enrich gaming. The project’s presale is ongoing, and investors can currently buy it for $0.00327. However, this price is expected to rise throughout the next stages of the campaign. According…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source link
Bitcoin (BTC) and ether (ETH) were little changed, suggesting a consolidation after last week’s rally. BTC traded at around $67,000 while ETH held steady about $3,100. The wider digital asset market as measured by the CoinDesk 20 Index (CD20) has added 0.3% in the last 24 hours. This week, attention will turn to the SEC’s decision on the approval of ether exchange-traded funds (ETFs), with the deadline for a response to VanEck’s and Ark/21 Shares’ applications due on May 23 and May 24, respectively. Traders may be keeping their powder dry until then. Source link
Crypto.news caught up with Olivier Roussy Newton, CEO of DeFi Technologies, to explore the Valour Bitcoin Staking ETP, the first product to merge Bitcoin with yield-bearing staking mechanisms. Bitcoin holders have traditionally missed out on staking opportunities available to other cryptocurrencies due to Bitcoin’s reliance on the Proof-of-Work (PoW) consensus mechanism. PoW requires miners to solve complex mathematical puzzles to validate transactions and secure the network. Due to the size of the Bitcoin network, substantial computational power is required, which in turn chugs in substantial amounts of electricity. As an alternative, Proof-of-Stake (PoS) allows users to validate transactions based on…
