Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $ 4.5 million. Radiant Capital has urged the hackers to establish contact with the defi platform …
Steamboat Willie’s Mickey Mouse Goes NFT After Entering Public Domain
One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated shorts, “Steamboat Willie,” was minted during New Year’s Eve to commemorate the occasion. […]
Solana Tops $100 After Monumental 764% Growth This Year
On Saturday, the smart contract platform Solana’s token, solana (SOL), eclipsed the $ 100 threshold, achieving a weekly growth exceeding 36% against the U.S. dollar. Throughout the year, investor sentiment toward solana (SOL) has remained overwhelmingly positive, intensifying following the conviction of ex-FTX chief Sam Bankman-Fried on multiple charges on Nov. 2, 2023. Solana’s …
Galaxy Digital CEO Mike Novogratz Expects Spot Bitcoin ETF Approval by January 10, Regulatory Progress After Election
Galaxy Digital CEO Mike Novogratz expects the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF) by Jan. 10 next year. Subsequently, he foresees the cryptocurrency reclaiming its all-time high of $ 69,000 and wouldn’t be surprised if it surpasses that price level. The executive also predicts progress in …
ETHW Core Team Dissolved Just Weeks After Pleading for Funds to Maintain Servers
The Ethereum Proof of Work (ETHW) core development organization has been dissolved to help the protocol achieve full autonomy. In late November, the ETHW team pleaded for $ 200,000 in funding to maintain servers and recruit part-time engineers. ETHW Core team’s development approach has been criticized. Upholding PoW as the Chain’s Consensus On …