Author: Donald Munn
A new decentralized finance protocol has imploded. It is Nirvana Finance, which runs on Solana’s blockchain. Nirvana Finance liquidated According to DeFiLlama‘s data, its TVL has all but dissolved. It went from $3.5 million to zero within a day. The problem was caused by an exploit that allowed hackers to drain the protocol’s wallets via what appears to be a flash loan-based attack. #PeckShieldAlert Seems like @nirvana_fi exploited @peckshield Exploiters already bridged stolen funds to Ethereum 0xB9AE2624Ab08661F010185d72Dd506E199E67C09 https://t.co/xsByVkbWKi pic.twitter.com/hXWuLgnViZ — PeckShieldAlert (@PeckShieldAlert) July 28, 2022 NIRV, or the protocol’s stablecoin, lost peg and its value plummeted 85% in less than…
The Dubai government’s Virtual Assets Regulatory Authority (VARA) is beginning to approve provisional licenses for Bitcoin and crypto institutional service providers, such as the Japanese Nomura subsidiary Komainu. Dubai: VARA grants a provisional license to Japanese bank subsidiary Komainu Komainu receives authorization from Dubai’s VARA to offer crypto custody services Komainu, a Bitcoin and crypto custody service provider and a subsidiary of Japan’s $471 billion bank Nomura, has reportedly landed in Dubai with a new provisional license from VARA, Dubai’s Virtual Assets Regulatory Authority. Basically, as of now, the process of due diligence begins to ensure that Komainu’s operations in…
After months of discussion, the EU Commission appears to have come to an agreement on the new crypto regulatory framework New crypto regulations released by the EU At the moment Europe presents the most complete crypto regulation in the world On 30 June, the European Union approved some of the cryptocurrency regulations that are due to come into effect in the coming months and are part of the MiCA regulatory framework, which was approved in the first reading in February and is expected to have its final implementation at the end of 2023. There are still a number of contentious…
This week’s guest on the Cardano SPO Column is a stake pool operated by a team who has been involved in the Cardano ecosystem since 2017: One Pool [ONE1]. Last week’s guest was a stake pool whose mission is to decentralize the Cardano network and support mental health charities. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we…
This week’s guest on the Cardano NFT Column is a project featuring a new platform called AnimeSector, for anime fans with integrated NFT functionality: AdaWaifus. Last week’s guest was a minting platform that is expanding into diverse facets of blockchain and NFT technology. This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical questions.…
SPONSORED POST* Bitmedia is an advertising marketplace that connects crypto companies to their potential users through a network of publishers. On Bitmedia’s marketplace, crypto companies that want to connect with potential users can choose from a list of publishers the websites on which to show their ads. These include specialized websites such as 99 bitcoins, Bitcoinist, News BTC, Crypto Compare, etc., for which Bitmedia acts as an intermediary with crypto advertisers. How Bitmedia’s advertising marketplace works Bitmedia, the portal to give voice to crypto companies that want to reach their customers Advertisers can create their ad campaigns on Bitmedia by…
London – 04/07/22 – Zebu Live, the UK’s most highly anticipated crypto, blockchain, and Web3 conference, is today announcing Steven Bartlett as their headline speaker. Steven Bartlett is an Entrepreneur, Speaker, Investor, Author, BBC Dragon, and the host of one of Europe’s biggest podcasts, ‘The Diary of a CEO’. Commenting on the announcement Zebu Digital CEO, and Founder of Zebu Live, Harry Horsfall stated: “We couldn’t be more excited to announce Steven Bartlett as the headline speaker of our event; Steven’s impact and contribution to the realm of business, finance, and entrepreneurship cannot be overstated; he has disrupted the web2…
Dominic Williams, the founder of Dfinity, a decentralized platform, said that onlyFans’ attempts by traditional banking institutions to block adult content have emphasized the necessity for decentralized platforms. Founder of Dfinity Dominic Williams thinks OnlyFans and other content-creation platforms like it could be disrupted by decentralized technologies. Internet Computer (ICP) is a strong general-purpose blockchain that was created by the Dfiniity Foundation earlier this year, and he’s asking developers to build a blockchain-driven content platform on it. To learn more about how financial institutions are attempting to restrict the publication of explicit material on OnlyFans, Williams agreed to an interview…
Google’s second split occurred yesterday, showing how sometimes history repeats itself. Google stock undergoes another split Google’s shares are split by 20:1 Alphabet, Google’s parent company (GOOGL), announced in February this year its second split, which was greatly rejoiced by traders and major shareholders, as well as generally catalyzing the curiosity of insiders. The company had already experienced a split, so this is nothing new, but the timing is very different, as is the ratio of handouts. In 2004, the year of the first split, the ratio consisted of 2:1. This meant that for every stock in the portfolio the…
The news was reported by the New York Post citing a source close to the case: Elon Musk plans to file a countersuit against Twitter. Elon Musk seeks to fight lawsuit initiated by Twitter Elon Musk is ready to respond to Twitter with the same weapons After his refusal to finalize the deal to buy the company for $44 billion, Musk is being sued by Twitter shareholders who are trying to force him to finalize the deal. Today, Tuesday, 19 July 2022, the first hearing in the Delaware court of this legal battle will be held, as Twitter has asked…