The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing at Crypto.com Arena until 2029. This agreement extends a long-standing partnership between the Sparks and the downtown Los Angeles venue, where the team has played […]
Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to ‘Close the Gap’
Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $ 2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that it has secured the funds to close the gap and will complete a full security audit …
China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena
China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which also seeks to make wholesale payments interoperable with the digital […]