The South Korean NFT and game development platform apparently suffered a private key leak that hackers used on Feb. 9. PlayDapp announced just before 11:00 am UTC on Feb. 13 that it had halted its smart contract to take a screenshot for migration as the hack of the South Korean Web3 game development platform and...Continue Reading

After topping $50,000, multiple data points suggest that Bitcoin investors are beginning to consider taking some profit. Bitcoin (BTC) price breached $50,000 on Feb. 12 for the first time since December 2021. After rallying 15% in February,  However, as shown on Bitcoin’s daily chart, BTC currently faces overhead resistance at $50,000, and the price retraced...Continue Reading

The Fairshake political action committee raised more than $85 million and spent roughly $19 million as of Dec. 31, according to data from Open Secrets. The Fairshake political action committee (PAC), a Super PAC backed by crypto firms including Ripple and Coinbase, has released ads targeting United States Senate candidate Katie Porter. According to a...Continue Reading

The protocol has facilitated nearly $40 billion in cross-chain transfers since its inception in September 2021. Cross-chain messaging protocol Wormhole has surpassed a cumulative 1 billion in messages sent since its inception in September 2021. According to data from Wormhole Scan on Feb. 13, the messaging protocol currently processes around 110,640 daily messages, moving $30...Continue Reading

Network data shows Solana underperformed competing chains, but SOL bulls are confident that the altcoin’s price will rise higher. Solana’s (SOL) native token, SOL, gained 18% in the 7 days leading to Feb. 13. The price run to $115 allowed Solana to surpass its rival BNB (BNB) in market capitalization to claim the third spot,...Continue Reading

According to Gary Gensler, institutions could reach a point where overreliance on AI leads to a financial crisis. United States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke on artificial intelligence (AI), mainly using examples from a 2013 movie rather than recent chatbots and photo rendering developments. In prepared remarks for the Yale Law...Continue Reading

A surge in network activity and increased adoption throughout DeFi may have played a role in LINK rallying above $20. Chainlink’s native token (LINK) showcased a 16% rally between Feb. 9 and Feb. 12 to trade at $20.85 a level not seen since January 2022. This has brought its market capitalization to $11.67 billion and...Continue Reading

Ripple bought Swiss custody provider Metaco last year, but Standard has a New York BitLicense. Ripple has acquired Standard Custody & Trust Company, a United States digital asset custody provider. The company already had ties to Ripple through its executives. Standard Custody & Trust Company offers custody and escrow services under a charter granted by...Continue Reading

Eighty individuals signed onto a Blockchain Association letter to U.S. lawmakers saying digital assets were “pivotal” to the country’s strategic advantage. Former officials with the United States government and military have warned lawmakers against supporting an Anti-Money Laundering bill proposed by Massachusetts Senator Elizabeth Warren, citing national security concerns. In a Feb. 13 letter, 80...Continue Reading

Debt is on the rise — both among consumers and for the government — as well as delinquencies. How much money do you really have to keep buying crypto? Despite many seemingly positive reports about retail spending or the unemployment rate in the United States, the nation continues to battle several structural challenges that have...Continue Reading