Platform Financial News
05.06 / 13:11
ETH
Twitter
Target
Platform
Decoding how attackers managed to compromise BAYC Discord servers yet again
Hackers are much a part of the crypto ecosystem as much as investors and traders, and the Bored Ape Yacht Club (BAYC) has proved the same time and again. The NFT club once again reported a hack over the weekend through their Twitter feed. This is not the first hack on the BAYC server with the most recent hack happening in late April. Hacks are becoming a theme in the crypto space and this is the latest example of this.
05.06 / 12:19
Tether
Platform
Bitcoin
>$1B in losses – The many ways people are falling victim to crypto-scams
It is no secret that cryptocurrencies have taken the world by storm. With a good section of the population invested in this world, crypto is on its way to becoming a mainstream payment method. However, along with global acceptance comes an alarming frequency of scams. According to a report by the Federal Trade Commission, over 46,000 people in the U.S have reported losing more than $1 billion in crypto to scams in 2021 – More than any other payment method.
05.06 / 08:25
Blockchain
UPS
Platform
Near Protocol: The A to Z of NEAR’s ‘May’ month performance
As the month of May ended and blockchain platforms embarked on their monthly housekeeping journeys, the Near Protocol, in a tweet made on 2 June stated that the platform recorded increased traction and growth during the month.
04.06 / 17:33
Ethereum
Platform
Returns
AAVE sees the largest cumulative returns within DeFi assets but here’s the caveat
DeFi assets traded with fairly high unison, as a calmer environment coupled with a lack of catalyst events among the top assets graced the sector this week. However, one platform indeed stood out amongst the rest…
04.06 / 08:11
cryptocurrency
Digital
Platform
cryptocurrency news
Bitcoin
Crypto scams
Over $1 Billion Loss In Crypto Scams Since 2021: Federal Trade Commission
Crypto scam victims lose more than $1 billion since 2021 - FTC
03.06 / 00:25
Platform
Okta
Stocks making the biggest moves after hours: Lululemon, RH, Okta and more
Check out the companies making headlines in extended trading.
02.06 / 20:47
02.06 / 16:37
UPS
Digital
Platform
Swift and CapGemini work on CBDC gateway to existing payment networks
This time, in collaboration with Capgemini, the trials will assess how Swift can interlink, at a network level, CBDC platforms regardless of technology, with existing payments systems.“Facilitating interoperability and interlinking between different CBDCs being developed around the world will be critical if we are to fully realise their potential,” says Thomas Zschach, chief innovation officer at Swift. “Today, the global CBDC ecosystem risks becoming fragmented with numerous central banks developing their own digital currencies based on different technologies, standards and protocols.”If left unaddressed, this fragmentation could lead to ‘digital islands’ springing up across the globe, believes Nick Kerigan, head of innovation at Swift.
02.06 / 12:49
Blockchain
Provident
Platform
Cathay
Local Hong Kong Firms Raise Funds for NGOs Through NFTs
Three local Hong Kong companies are raising funds for non-governmental organisations (NGOs) through non-fungible tokens (NFTs) to support green initiatives and sustainability.
02.06 / 04:09
Lowe's
BLOCK
Platform
What you should know about the highs and lows of BNB and its chain
During the BNB Chain Revelation Summit on 31 May, BNB Chain announced the launch of a technical roadmap. According to the team, the roadmap has been developed with the purpose of enhancing the network’s decentralized structure, infrastructural capacity for side-chains, and potential for developer-built decentralized applications (dApps).
02.06 / 00:05
01.06 / 20:03
Target
CEO
Platform
Forbes
Deal
market volatility
Billy
SeatGeek terminates deal to go public with Billy Beane's SPAC due to market volatility
Ticketing platform SeatGeek and black-check firm RedBall Acquisition Corp. decided to terminate their $1.35 billion take-public deal amid a roller-coaster market.
01.06 / 18:09
AXY
Currency Indices
Platform
Infinity
Whether Axie Infinity [AXS] will go this way or that will depend on…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
01.06 / 13:59
Cooper
Platform
Animoca Brands Subsidiary Lympo Launches SPORT Token
Animoca Brands subsidiary Lympo launched the SPORT token to replace the Lympo utility token LMT.
01.06 / 13:57
Blockchain
cryptocurrency
Platform
Crypto gaming
Like gig economy, crypto gaming is sold with promise of convenience and riches. In practice it's deeply exploitative
Video games are increasingly incorporating blockchains, the decentralised databases that underpin cryptocurrencies, as well as NFTs and other “digital assets”. New games are emerging expressly to support blockchain technology, while traditional games are being updated to incorporate blockchains.
01.06 / 12:31
UPS
Platform
Discover
Decentraland
MANA to $1 again, but is Hollywood really a long-term fix
Decentraland has become the biggest Metaverse in the crypto-space as investors built and participated in the virtual world.
01.06 / 07:59
Blockchain
Provident
Platform
Racing
GMT ‘runners’ look dismayed; will STEPN lose the race to the bottom
Following the tragedy that trailed TerraLUNA and its eventual collapse, regulators worldwide have become skeptical of cryptocurrency projects and a clampdown is underway in some regions.
01.06 / 00:45
Waves
Lowe's
Platform
Action
WAVES’ TVL surpasses $1b to give these messages to its investors
WAVES has been trading within a tight range for almost two weeks now, with barely any upward or downward action. However, that might be about to change as the native token triggered a 112% rally. Here’s a deep dive into the potential reason(s) behind this unprecedented surge.
31.05 / 19:43
UPS
Platform
Shiba Inu’s [SHIB] ‘Rysohi’ factor could mean that investors are…
Following the severe price decimation that plagued the Shiba Inu token this month, members of the Shiba Inu ecosystem saw some excitement as the anonymous founder of Shiba Inu, Ryoshi made a cryptic reappearance after a year of silence.
31.05 / 10:41
Digital
Platform
Bitcoin
Future
DraftKings puts out plan to to accept crypto-payments in the future
In recent months, businesses all around the world have begun to integrate Bitcoin payments into their systems. As a result, more payment options will be available, and payment challenges will be reduced, particularly abroad.
31.05 / 03:35
UPS
FIVE
Google
Platform
NFTs invoke Muse as report card for May 2022 reveals…
The Non-fungible market in 2021 saw unprecedented hype and traction within the crypto community. But 2022, brought in a different touch. NFTs saw explosive growth in 2021, but this growth hasn’t been consistent and has leveled at least in the first five months of 2022. Here’s a month-end report card of the NFT market to highlight this ongoing scenario.
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