Top 10 Daily Gainers
In the last 24 hours, $BTC and $ETH have gained 6.18% and 12.33%, respectively. The global crypto market cap has risen to $1.151 trillion
Following the growth of $BTC, the majority of altcoins are witnessing a significant recovery. $MFT is currently leading the Top Gainers on ONUS with a growth of 47.06%. Other assets also made the list including $RLC (up 45.73%), $INJ (up 37.74%), $CEL (up 35.64%),…
Ethereum DeFi exchange Curve suffers frontend hack
Decentralized trading platform Curve Finance confirmed reports that its website had suffered a frontend attack on Tuesday. The thieves made off with $570,000 in ETH, which they sent to the FixedFloat cryptocurrency exchange to launder the money.
Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which was successfully reverted.
UAE to clamp down on crypto real estate money laundering
The authorities want to trace payments made in Bitcoin and Ethereum as the country develops as a crypto hub.
Real estate agents will have to alert money laundering authorities of any property sales paid for in crypto, the government of the United Arab Emirates (UAE) said in a statement on Monday.
Samsung partners with Theta Labs for upcoming Galaxy NFT ecosystem
Samsung Electronics has signed a memorandum of understanding (MOU) with partners, including Theta Labs, to operate an NFT ecosystem for its new range of Galaxy mobile phones.
Theta Networks will issue Galaxy NFTs as part of new drive to offer Samsung users an innovative consumer experience, including access to virtual events via ThetaPass.
NEAR Protocol opens doors to JavaScript Developers with SDK release
Layer 1 blockchain protocol NEAR has announced the launch of its JavaScript Software Development Kit (JS SDK) during the ongoing ETHToronto Hackathon on Monday.
The NEAR JS SDK will allow JavaScript developers to plug into the network without having to learn a second language, according to a press release obtained by CryptoSlate.
Reserve Bank of Australia starts pilot to explore CBDC use cases
The Reserve Bank of Australia (RBA) will develop a “limited-scale” pilot to explore use cases and potential economic benefits of a central bank digital currency (CBDC).
According to Dr Andreas Furche, CEO of the DFCRC, the key research questions now are what economic benefits a CBDC could enable, and how it could be designed to maximise those benefits.
Polygon launches Gnosis Bridge built for Multisig Wallet Safe
The Polygon Network has announced the launch of the Gnosis Bridge, a solution to support the transfer of safe assets between the two Ethereum and Polygon networks.
The integration enables users to move multisig cross-chain assets in a more convenient and cost-effective way without sacrificing security.
Nigeria becomes the most crypto-obsessed nation after April crash
According to CoinGecko research, there is a significant rise in curiosity among Nigerians after the crypto market downturn in April. The Nigerian population searched the term “cryptocurrency,” “invest in crypto” and “buy crypto” the most among the 15 countries that were part of the research.
Nigeria’s growing interest in crypto is fueled by inadequate financial services in the country, something that has been a key reason for crypto adoption across Africa. Nearly 17.36 million, or 52% of Nigerian crypto investors, have allocated over half of their assets to cryptocurrencies.
Neowiz and Polygon launch Web3 game platform Intella X
Polygon is teaming up with the massively popular Neowiz Corporation, a multi-platform video game development and online publishing giant based in South Korea.
Together, Polygon and Neowiz Corporation will launch a brand new Web3 gaming platform, dubbed Intella X, which will bring some of Neowiz’s popular gaming IPs, including “Cats & Soup” and “Brave Nine,” to Web3 for the first time.
Metaverse land prices collapsed
Average virtual land prices have fallen by more than 80%. At the same time, trading volume is down by more than 90% from November 2021 highs.
The information was sourced from WeMeta and compiled from data on the Sandbox, Decentraland, Voxels, NFTs Worlds, Somnium Space, and Superworld platforms.