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September 2022

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SK Telecom’s Ifland metaverse adds cashable in-app economy

The Ifland metaverse, run by South Korean telecommunications giant SK Telecom (SKT), is allowing users to earn money by hosting meetups in the virtual world, the company announced Monday. Fast facts SKT has adopted an “ifland point” system to usher in its metaverse economy — any Ifland users can earn points by logging in at a […]

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Ethereum domain names top Bored Apes on OpenSea’s weekly chart

Ahead of the upcoming Merge, ENS domains have reached the top of OpenSea’s seven-day chart in trading volume. NEWS   Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on NFT marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge. According

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ShadowFi Exploit Allows $300k Liquidity Drain, Massive Cryptocurrency Loss

ShadowFi tweeted about the cyber attack. Hackers made an attack on DeFi systems possible by a crypto-private effort known as ShadowFi. A prominent blockchain security firm, Peckshield, sounded the alarm and revealed the exploitation cost around $300,000. In what way did the hack take place? According to ShadowFi, an attacker drained its liquidity pool contract,

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Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run for alternatives

Bitcoin rose slightly in Tuesday morning trading in Asia after falling below the key resistance line of US$20,000 on Monday morning. Ether posted the greatest gains in the crypto top ten by market cap as the rest of that list rose or fell by less than 1%. Fast facts Bitcoin dropped 0.9% in the past

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ALTCOINSShiba Inu [SHIB] talks and these stats might hit differently

The meme coin Shiba Inu has seen a sudden spike in its prices. Well, with the announcement of the new metaverse update and an increased interest from whales, does the future look bright for Shiba Inu? Over the past seven days, Shiba Inu’s token has seen a 7% spike in its prices. Despite the bear

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Australian Federal Police Established a Crypto Unit to Target Criminals (Report)

The AFP’s cryptocurrency unit will encounter bad actors who use digital assets in money laundering and other financial crimes. The Australian Federal Police – an independent agency responsible for investigating crime and protecting the country’s national security – reportedly formed a new cryptocurrency unit. The goal is to detect criminals who use digital assets in

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LG Taps Hedera Blockchain for NFT Marketplace

LG is all set to enable TV owners to view and buy NFTs from the couch. Seoul-based TV giant LG Electronics announced the launch of its non-fungible token (NFT) marketplace – LG Art Lab – potentially opening up NFT collecting to a much broader audience. With the latest platform, based on the Hedera blockchain, users

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Coin Bureau Host Says Cosmos (ATOM) Could Ignite 100% Rally With Ethereum (ETH) Providing Lift – Here’s How

The host of popular YouTube channel Coin Bureau says that Ethereum (ETH) may help pull up the price of Cosmos (ATOM) with its highly anticipated upgrade. In a new video update, the pseudonymous analyst known as Guy tells his 2.1 million subscribers that demand for ATOM has slumped dramatically during the bear market and currently relies on

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What does the Fed’s fight against inflation mean for crypto? Macro analyst explains

Macro analyst Lyn Alden explains why the Fed’s efforts to curb inflation may take longer than expected and how they will impact the crypto markets.   The Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t

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Binance taps ex-central bank head, economy minister of Brazil as advisor

QUICK TAKE Binance adds a former Brazilian government official as the country pushes innovation in digital asset territory. Binance has added a former Brazilian central banker and economy minister to its board, local newspaper O Globo reported. Henrique Meirelles, who most recently served as the finance minister of the state of Sao Paulo, spent eight years heading

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