Recently, Binance, the leading cryptocurrency exchange globally, confirmed that the Venezuelan government has restricted access to its website. This action came following the controversial presidential election results in the country. In a post on August 10, Binance mentioned that similar to other companies in various sectors in Venezuela, including social media platforms, their pages were
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Toronto-based Bitcoin mining company Bitfarms reported a total revenue of $42 million, marking a 16% decline quarter-over-quarter. This decrease is attributed to the reduction in block rewards resulting from the BTC halving event on April 19, 2024. Bitfarms reported a net loss of $27 million, or $0.07 per share, which includes a $1 million non-cash
Coinbase, one of the leading cryptocurrency exchanges, has taken a bold stance against the US Commodities Futures Trading Commission (CFTC) proposal that could potentially harm prediction markets like Polymarket. The Chief Legal Officer of Coinbase, Paul Grewal, criticized the proposal for its vague definition of “gaming” and its failure to acknowledge the positive economic impact
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. He is a web3 content writer, journalist, and aspiring trader. Edyme has contributed to various reputed platforms in the industry, such as AMBCrypto, Blockchain.News, and Blockchain Reporter. His journey into the realm of cryptocurrency was not without its challenges, starting
Blackmouth Games has brought a fresh take on the battle royale genre with the launch of Domenation Early Access. This third-person shooter is now available on multiple platforms, including Steam, Ultra, Elixir Games, and HyperPlay. Players are thrust into an immersive environment where they not only face off against each other but also against menacing
Nexera, a DeFi protocol, recently fell victim to a smart contract security breach that led to the theft of $1.5 million in NXRA tokens. As a result of this incident, the value of the protocol’s native token plummeted by more than 40%. The breach was initially reported by Cyvers, a blockchain security firm, on August
The Ronin Network recently made headlines due to a significant loss of $10 million worth of ETH as a result of a hack, adding to the growing number of Web3 security breaches in 2024. This popular gaming blockchain platform lost 4000 ETH in the incident, creating a wave of concern within the cryptocurrency community. In
Captain Laserhawk; The G.A.M.E. is a groundbreaking collaboration between Ubisoft Labs, Arbitrum Foundation, and Sequence that aims to redefine the gaming experience. Drawing inspiration from the popular Netflix animated series “Captain Laserhawk; A Blood Dragon Remix”, this game introduces players to a transmedia approach that merges gaming with Web3 technologies. By actively involving players in
Unstoppable Domains and Amazon Web Services (AWS) recently celebrated the successful completion of their global virtual hackathon, which attracted an impressive 1,162 participants. The hackathon, hosted on Devpost.com, utilized AWS’s cloud computing capabilities and Unstoppable Domains’ blockchain-based digital identity solutions to explore opportunities within the realms of Web3 and artificial intelligence (AI). The event featured
Marathon Digital (MARA) recently reported second-quarter revenue of $145.1 million, which fell short of Wall Street’s forecast by approximately 9%. The company attributed this revenue miss to several operational challenges such as unexpected equipment failures, transmission line maintenance, an increased global hash rate, and the impact of the recent halving event on the mining sector.