The migration of Solana’s top two NFT projects to Polygon and Ethereum is set for the first quarter of 2023 on an opt-in basis. Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption.  The...Continue Reading

The owner of the internet-famous Shiba Inu dog posted on social media saying Kabosu is in a “dangerous position” after falling ill on Christmas Eve. Kabosu, the Shiba Inu dog behind the face of Dogecoin (DOGE) and the “doge” meme is in a “dangerous position” healthwise, according to her owner. In a Dec. 26 Instagram...Continue Reading

Newly filed trademark applications outline a long list of possible avenues for the firm in the Metaverse. $4.2 trillion asset management firm Fidelity Investments has filed trademark applications in the United States for a host of Web3 products and services, including a non-fungible token (NFT) marketplace and financial investment and crypto trading services in the...Continue Reading

Sophisticated malicious outfits are keeping up with current trends, turning their sights on crypto users following the bankruptcy of FTX. Professional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in an attempt to swindle information and funds. Clayton LiaBraaten, senior executive adviser at Truecaller...Continue Reading

The remaining workforce is also expected to take 20% pay cuts, the project’s founder said. Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current market conditions.  As part of its refactoring process, Octopus network will let go of roughly 40% of...Continue Reading

The attacker appears to be attempting to cash out funds using Binance and Changenow. The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink. The report stated that the attacker set up several fake Bitkeep websites which contained...Continue Reading

Not even major exchanges collapsing can deter crypto users from believing in the space year after year. ’Twas the weeks before Christmas on a island far away, None could have foreseen crypto’s golden boy going astray. When politicians and firms took FTX‘s money with glee, Did they truly know the depth of one man’s duplicity?...Continue Reading

The S&P 500 may try to move up in the short term and that could trigger a recovery in Bitcoin and select altcoins. The cryptocurrency markets are trading at record low volatility as investors have largely stayed away during the holiday season. That could be because investors are unsure about the cryptocurrencies that could lead...Continue Reading

The two-year project produced a white paper in February. Research results will continue to appear, with the Fed’s partner at MIT scheduled to make a research report in January. Project Hamilton, the research project of the United States Federal Reserve Bank of Boston and Massachusetts Institute of Technology, announced its conclusion in the run-up to...Continue Reading

Crypto custodians generate public attestations about their cryptocurrency holdings through proof-of-reserves audits to demonstrate their solvency to depositors. With the rising interest in digital assets from institutional and retail investors, custody options have also experienced parallel growth. As a result, different kinds of custody choices have evolved as the market changes, and new providers are...Continue Reading