PayPal launches a crypto-for-USD conversion service
Key takeaways PayPal allows users to convert crypto to USD Silicon Valley payments firm PayPal announced via a blog post...
Technology
Korean game developer Neowiz plans to build games on the Avalanche
Neowiz is a publicly traded Korean game publisher. The game publisher will build the games using its Web3 arm called...
Coinbase-incubated Base suffers an outage, team says user funds are safe
Key takeaways Base suffers an outage Base, the Ethereum Layer-2 network incubated by Coinbase suffered an outage during the early...
230,000+ Numi Stories game tickets claimed on the Valicit platform
Valicit is a blockchain-based ticketing platform built on Venom. Numi Stories is a mobile app in which kitsch anime-style characters...
Quanstamp’s new service to help curb the threats of flash loan attacks
Key takeaways Blockchain security platform Quantstamp seeks to curb the threats of flash loan attacks with its new service. The...
Web3 travel ecosystem Camino Network passes Hexens security audit
Firms in the travel sector, including Lufthansa, EuroWings, Hahn Air, and Sunnycars, have backed the Camino Network consortium blockchain. Hexens...
New Ethereum Testnet “Holesky” Set to Launch in September
With the Goerli testnet set to retire next year, a new Ethereum testing network dubbed “Holesky” will launch next month. ...
Ranks Third for Transfer Activity
Less than a week since its launch, Base has emerged as one of the top Ethereum Virtual Machine (EVM) chains...
Law Enforcement Battles Cyber Threats
The United States Department of Homeland Security has published the results of its investigation into the teenage hacker group known...
13 banks to participate in Russia’s CBDC pilot program
The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted...
PayPal launches a US Dollar stablecoin on the Ethereum blockchain
Key takeaways PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it had...
What is Base? 5 Key Features of Coinbase’s New L2 Blockchain
With the Base Mainnet set to launch on August 9, excitement is building around Coinbase’s Ethereum Layer 2 (L2) blockchain....
Alchemix and JPEG’d Recoup Losses After Stolen Funds Returned
A crypto wallet labeled “Alchemix/CurveFinance Exploiter” has returned funds that were stolen from Alchemex earlier in the week. The NFT...
Bank of Italy leverage Polygon to help institutions experiment with DeFi
Key takeaways The Bank of Italy will use the Polygon blockchain to help institutions experiment with DeFi and asset tokenisation....
Caldera announces integration with Espresso Systems
Caldera developers can leverage Espresso Sequencer for greater scaling and decentralisation. The rollup-as-a-service (RaaS) platform recently partnered with Manta Network...
ChatGPT Is Getting Dumber – New Study Reveals
Recent research has sparked an intriguing discussion about the proficiency of ChatGPT, especially versions GPT-3.5 and GPT-4. These two iterations...
These African Nations Make Significant Strides to Adopt CBDCs
A financial revolution quietly unfolds in the heart of the world’s second-largest continent. Central Bank Digital Currencies (CBDCs) have become...
Latin America at the Forefront of CBDC Adoption: IMF Report 2023
As digital currencies continue to rise in global interest, Latin America and the Caribbean (LAC) have emerged as leaders in...
BNB Chain to undergo major hard fork to address blockchain exploit risks
Key takeaways BNB Chain is set to undergo its ZhangHeng upgrade later this month. The upgrade will address blockchain exploit...
This is How Singapore Plans to Fix CBDC Interoperability
The Monetary Authority of Singapore (MAS) is pioneering a revolutionary solution, Purpose Bound Money (PBM), to address the problem of...
As Worldcoin’s World ID Grows, So Do Privacy Concerns
Spain is leading Europe’s adoption of Worldcoin’s proof-of-personhood (PoP) protocol. Dubbed World ID, it has already amassed a staggering 150,000...
Bitcoin Ordinals Inscriptions Expand With Developer Support
Bitcoin Ordinals inscriptions have surged in volume since April. And as more users embrace the technology, they are inscribing more...
