Blockchain Financial News

09.08 / 21:53

Blockchain Technology defi Terra Luna Cross-Chain 'IBC is a serious alternative for secure cross-chain communication,' says Sunny Aggarwal of Osmosis

On August 2, the Nomad token bridge became yet another victim of cross-chain hacking after the protocol suffered a $190 million exploit. Joining a list of casualties alongside Axie Infinity’s Ronin Bridge and Solana’s Wormhole, many industry experts have cast doubt on the future of cross-chain technologies. However, not all cross-chain toolkits have thus far been exploited. Regarding this matter, Cointelegraph spoke with Osmosis’ co-founder Sunny Aggarwal. Osmosis is one of the most popular decentralized exchanges, or DEXs, on the Cosmos hub with $120 million in total value locked. Here’s what Aggarwal had to say regarding Cosmos’ namesake inter-blockchain communications protocol (IBC):

09.08 / 20:25

Blockchain regulation privacy debate Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate

According to Twitter user @0xdev0, on Monday, Web 3.0 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the U.S. Treasury placed 44 smart contract addresses linked to Tornado Cash in the Specially Designated Nationals and Blocked Persons (SDN) list. U.S. persons and entities are prohibited with blockchain or business interactions with Tornado Cash under such sanctions, with the possibility of criminal liabilities for violations.

09.08 / 20:25

business Blockchain Ethereum Reddit gas fees Reddit partners with FTX to enable ETH gas fees for community points

After moving away from Bitcoin (BTC) payments years ago, online forum Reddit now seems to be inching closer to embracing cryptocurrency payments via a new partnership with the FTX exchange.

09.08 / 20:25

Blockchain Analysis Bitcoin Price safe Is your SOL safe? What we know about the Solana hack | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the latest updates concerning the recent Solana (SOL) hack.

09.08 / 20:07

Blockchain Ethereum privacy security Ethereum's Vitalik Buterin Lists 'Worthwhile' Ideas for Developers to Work On

09.08 / 19:59

Blockchain Ethereum SEC BitMEX Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News

09.08 / 18:43

business Blockchain Technology Adoption Blockchain and NFTs are changing the publishing industry

Web3 has become the most sought-after investment sector of 2022, as use cases for nonfungible tokens (NFTs), the Metaverse and other blockchain applications come to fruition. Therefore, it shouldn’t come as a surprise that different segments of the publishing industry have begun to use Web3 technologies to transform traditional models.

09.08 / 18:01

Blockchain Provident Platform Huobi Game Space Sees 400% User Growth Since the Launch of its Steam Event in July

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

09.08 / 17:55

Blockchain NFT defi Blockchain Game 1inch plugs into Klaytn as Asia continues to climb aboard

South Korea's most popular metaverse blockchain Klaytn is set to benefit from deeper liquidity and improved token swaps through a new partnership with decentralized finance (DeFi) protocol 1inch Network.

09.08 / 17:01

business Blockchain avalanche Pinterest for Web3: Project launches curation ecosystem on Avalanche

With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to-earn” model launches in an attempt to bring Web3 elements to existing Web2 frameworks.

09.08 / 16:43

Blockchain BLOCK Software Discover Next Block Expo is Aiming to Become the Biggest Blockchain Festival in Europe

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

09.08 / 16:37

Blockchain Ethereum Target Platform Support Does Celphish Finance (CELP) Offer NFT Support Like Ethereum (ETH) And The Sandbox (SAND)?

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09.08 / 16:37

Blockchain Ethereum NFT Reddit Reddit Community Points Ready for the Ethereum Mainnet Move

09.08 / 16:37

Blockchain Platform Interface Bitcoin What is Youniverze Finance (YUNI) and is it Valuable?

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

09.08 / 15:17

Blockchain UPS BLOCK Mobile A Guide on Staking TRX in NOW Wallet

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09.08 / 15:01

Blockchain Platform Action Tornado Cash U.S. Sanctions Crypto Platform Tornado Cash, Says It Laundered Billions

The U.S. Treasury Department imposed sanctions on a major cryptocurrency platform, accusing it of laundering billions of dollars in virtual currency, including $455 million allegedly stolen by North Korean hackers.

09.08 / 12:59

Blockchain Twitter Digital Minecraft PlayStation Surveying Players on NFTs at EVO 2022

PlayStation may be eyeing a move into the non-fungible token (NFT) world as the gaming giant has been surveying its players about their interests in digital collectables.

09.08 / 12:52

business event Blockchain Adoption Sky Mavis week Korea Blockchain Week, Aug. 9: Second-day takeaways from the Cointelegraph team

Korea Blockchain Week (KBW) 2022 wrapped up its two-day mainstage events this evening, which again saw a number of influential speakers take to the podium including Janine Yorio of Everyrealm, Yat Siu of Animoca Brands and Sky Mavis’ Jeffrey Zirlin.

09.08 / 12:51

Blockchain defi GameFi and crypto 'natural fit' for game publishers: KBW 2022

South Korea is considered the fourth biggest gaming market and one of the biggest blockchain adopters. However, the country has banned play-to-earn (P2E) blockchain games due to the crypto integration. The new pro-crypto president Yoon Suk-yeol had hinted at lifting the ban, but the government has yet to show any significant effort.

09.08 / 12:25

Blockchain Provident Bitcoin The 3rd Edition of the PBS Marks the Adoption of Blockchain in Europe

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

09.08 / 11:43

Blockchain Ethereum Bitcoin Cash Bitcoin Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022

Crypto platform Bitcoin.com is looking to expand its ecosystem by introducing Bitcoin (BTC) holders to the world of decentralized finance (DeFi) and implementing new services such as a decentralized exchange (DEX) in its platform.

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