META Rolls Out Instagram NFT PFPs, Partners With Flow For Wallet Integration

Last week, Meta reported a steeper than expected drop in revenue. Their shares fell 3.8% and projected a second straight quarterly decline in year-over-year sales. Meta CEO Mark Zuckerberg just made an announcement that Instagram is expanding its NFT support on an international scale. Both users and businesses from over 100 countries including Africa, Asia-Pacific, […]

Blackrock Partners Coinbase To Offer Crypto Access For Institutional Investors

This partnership may just be the bridge to spur the crypto markets. The world’s largest asset manager Blackrock will now have direct access to crypto, starting with Bitcoin, through the connectivity with Coinbase Prime for their institutional clients of Aladdin®. Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s Institutional […]

Arbitrum Nitro Announced for August 31st – Here’s All You Need To Know

Just today, Arbitrum announced that they are ready to migrate to Nitro at the end of this month. After a successful migration of the Arbitrum Rinkeby testnet, they have confirmed that their system is ready for the full shift. This will occur on the 31st of August, the one-year anniversary of Arbitrum One public beta. […]

Optimism Farming Season Arrives – Here’s How To Get Your Piece

Earlier this year, Optimism announced $OP, their native governance token. While individuals managed to land thousands in tokens, protocols were rewarded with more. Much like programs such as Avalanche Rush, these incentives are meant to drive users towards solutions based on the Optimism Network. Also Read: Here’s How To Claim Your Optimism Airdrops DeFi Spring […]

Why The Ethereum Merge May Double Your Net Worth – And Collapse Crypto

Did you know that the merge will not bring down gas fees or make transactions faster? While news of Ethereum’s upgrade coming soon is exciting, it also brings about many rumors. Despite the Ethereum Foundation trying to dispel them, these “facts” are still treated as gospel by many. However, one topic that does not get […]

Magic Eden: Solana-Based NFT Marketplace Targets Ethereum For Expansion

A few months back, the largest non-fungible token (NFT) marketplace, OpenSea announced that it will be supporting the Solana blockchain. The integration will allow users to trade Solana NFTs on OpenSea. The leading Solana-based NFT marketplace, Magic Eden, is fighting back. They just announced a multi-chain expansion, which includes Ethereum Support this month. The Solana […]

Digital Payment Application Revolut To Allow Cryptocurrency Trading in S’pore

Revolut is a British financial technology company that offers banking services. Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, it is currently headquartered in London and has since expanded to the city-state in 2020. Revolut offers accounts featuring currency exchange, debit cards, virtual cards, interest-bearing vaults, commission-free stock trading and many other services. Also […]

Starbucks Is Brewing A Web3 Based Rewards Program Using NFTs

What’s brewing? The biggest coffee chain in the world is stepping into the web3 space. Starbucks will unviel its web3 initative, inclusive of coffee-themed NFTs during their Investors Day event next month. Earlier this year, the company announced its plans to enter the web3 space with their NFTs not only serving as digital collectables but […]

How Do Bridges And Networks Get Hacked? Understanding 51% Attacks

Key Takeaways: 51% Attacks Happen When Someone Gains Control Of Over 50% Of The Network For Proof Of Work, This Requires Taking Control Of Mining Power For Proof Of Stake, This Requires Owning A Majority Of Staked Crypto _____________________________________________________________________________________________________ Bitcoin recently made headlines as there was a mining difficulty adjustment at block 745920. The mining […]

Michael Saylor Steps Down As Microstrategy CEO But Doubles Down on Bitcoin

Michael Saylor, one of strongest proponents of Bitcoin, has stepped down from his role as CEO at microstrategy ($MSTR). The firm, founded in 1989 by Saylor, will be headed by it’s previous president, Phong Le. Saylor will remain at the Chairman of the Board of Directors, and also hold a role as executive officer. Also […]

Monetary Authority of Singapore Reviewing Stablecoin Regulation Amidst Terra Collapse

On 1 August, a Parliamentary Question regarding Singaporean’s exposure to the collapse of $LUNA and $USD was posed. It was submitted by Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC, and answered by Mr. Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore (MAS). Also Read: “The Nature Of Money Will […]

Reaper Farm Just Lost US$1.7 Million From Exploit – Will It Be Able To Recover From This?

Reaper Farm, previously known as Reaper finance, was just hacked. This follows news of other exploits in the same vein, most notably the Nomad Bridge and Solana Hacks. The yield aggregator, which is located on the Fantom network, had their multi-strategy vault hacked. The blackhat hacker took advantage of a critical vulnerability in the smart […]