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Professional Investors Believe Crypto Will Become Mainstream, Study Says

Professional Investors Believe Crypto Will Become Mainstream, Study Says

A recent survey found that professional investors believe that digital assets will become mainstream in the future. The London-based crypto hedge fund Nickel Digital Asset Management survey found that more than eight out of 10 respondents in the study of 200 institutional allocators and wealth managers said they anticipate wider use cases of cryptocurrencies. According […]

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Largest-Ever DeFi Hack: 4M Stolen From Ronin Network

Largest-Ever DeFi Hack: $624M Stolen From Ronin Network

A record-breaking sum of 624 million USD was stolen through a consensus attack on Axie Infinity’s Ronin Network. Rekt leaderboard gets new top spot According to Rekt.news, the hack remained unnoticed for six days and was only discovered yesterday, after a user was unable to withdraw ~5,000 ETH from Ronin’s cross-chain bridge. This means that the Rekt

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Recession warning from Germany’s top economic advisors as Putin’s gas deadline nears

Recession warning from Germany’s top economic advisors as Putin’s gas deadline nears

KEY POINTS Germany’s Chancellor Olaf Scholz said last week that imposing an immediate ban on Russian energy imports “would mean plunging our country and the while of Europe into a recession.” Earlier on Wednesday, Germany’s Economy Minister Robert Habeck triggered a first warning, out of three possible levels, about gas stockpiles. European Central Bank President

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Visa launches immersion program to help creators build their business with NFTs

Visa launches immersion program to help creators build their business with NFTs

The Visa Creator Program is the latest in a string of initiatives that Visa has carried out as it targets the digital creator economy. Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through

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Sky Mavis Pledges to Reimburse Players Following Axie Infinity Hack

Sky Mavis Pledges to Reimburse Players Following Axie Infinity Hack

The company behind the popular play-to-earn game made the promise after a $625 million hack. Sky Mavis, the company behind popular play-to-earn game Axie Infinity, has pledged to reimburse players after hackers stole $625 million from the underlying Ronin blockchain. “We are committed to ensuring that all of the drained funds are recovered or reimbursed,

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Vietnamese Government Developing Regulatory Framework for Crypto

Vietnamese Government Developing Regulatory Framework for Crypto

The Vietnamese government is pushing to develop a legal and regulatory framework as the country seeks to establish its stance concerning its press for a crypto economy. According to a report by the local news outlet, Vietnamnet, Deputy Prime Minister Le Minh Khai has issued a directive to the Ministries of Finance, Justice, Information and Communications, and

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Leading NFT Marketplace Opensea to Add Solana Support in April

Leading NFT Marketplace Opensea to Add Solana Support in April

The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future. Opensea Confirms Solana Support After a Myriad of Rumors and Speculation Opensea has confirmed it will be adding Solana (SOL) support in

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Key Industry Players Launch Blockchain-based Gold Bar Integrity Programme

Key Industry Players Launch Blockchain-based Gold Bar Integrity Programme

The London Bullion Market Association (LBMA) and the World Gold Council (WGC) have launched a blockchain-based solution to track the integrity of physical gold bars. “Digital gold” taken literally In a press announcement released yesterday, the LBMA states that it seeks to “develop and implement an international system of gold bar integrity, chain of custody and provenance”.

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Meme stocks GameStop and AMC swing wildly Tuesday on heavy trading volume

Meme stocks GameStop and AMC swing wildly Tuesday on heavy trading volume

Meme stocks swung violently on Tuesday with huge trading activity in the shares. GameStop dropped as much as 14% with over 17 million shares traded through afternoon trading, more than doubling its 30-day average full-day volume of 4.6 million. The stock ended the day down 5.1%. AMC Entertainment shares lost nearly 10% at their low of the

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Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders

Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders

Although Huobi Tech shares a common name with the popular crypto exchange platform Huobi Global, it has no relation with the crypto firm and works independently. Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors. The Hong Kong Stock Exchange-listed company has

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