In recent years, the digital landscape has witnessed a tremendous evolution through the advent of Web3 technologies, which promise to shift the focus from centralized control to decentralized empowerment. At the forefront of this transformation is GhostDrive, a pioneering player in the decentralized storage sector. Although relatively new, GhostDrive has managed to garner over 740,000
Safety
After being released from prison, Pavel Durov, the CEO of Telegram, is now under judicial supervision with strict conditions imposed on him. These conditions include posting a €5 million bond, remaining within French territory, and checking in with the police station twice a week. The Paris Judicial Court has formally charged Durov with six offenses,
After falling victim to a $235 million hack, Indian crypto exchange WazirX has taken decisive action to bolster the security of its remaining assets. The exchange has terminated its asset custody agreement with Liminal and has begun transferring assets to new multi-signature (multi-sig) wallets. This move is seen as essential in safeguarding the assets in
Senator Cynthia Lummis from Wyoming has taken a bold step in proposing the ‘Bitcoin Act’ as a means to bolster the U.S. government’s reserves with 1 million BTC over five years. This move has been dubbed as the ‘Louisiana Purchase moment,’ signaling the significance of this decision in the digital age. By recognizing the resilience
The recent acquisition of KnownOrigin by eBay has caused a significant stir in the digital art marketplace, leading to the abrupt closure of the company after just two years of operation. The company cited shifts in the NFT market as the primary reason for its closure, raising concerns about the longevity and safety of digital
Recently, a blockchain security firm called Cyvers Alert made a shocking revelation about the Indian exchange WazirX. According to the report, WazirX was exploited for approximately $235 million in a series of suspicious transactions involving their Safe Multisig wallet on the ETH network. The total amount of $234.9 million was transferred to a new address,
Growing up in Edo State, Nigeria, my family has played a significant role in shaping my values and aspirations. With three siblings who have always been my idols and mentors, I have been fortunate to have a support system that encourages me to grow and understand the way of life. My parents, in particular, have
MetaMask, a brainchild of Ethereum firm ConsenSys, has introduced its latest groundbreaking innovation – the MetaMask Delegation Toolkit. This toolkit aims to revolutionize the user onboarding experience and enhance accessibility to the Web3 ecosystem. Unlike traditional methods that involve navigating through multiple platforms and seed phrases, this toolkit simplifies the process by offering seamless user
The cryptocurrency industry is a fast-paced and ever-evolving ecosystem, full of exciting developments and innovations. However, with these advancements also comes the looming threat of hackers and malicious actors who are constantly on the lookout to exploit vulnerabilities, especially among novice users. One particular sector that often falls victim to such attacks is the meme
BitMEX, a derivatives exchange based in Seychelles, has recently introduced the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative offering aims to provide traders with a unique opportunity to gain exposure to a selection of popular meme coins through a single contract. The MEMEMEXTUSDT Basket Index Perpetual Swap Contract, also referred to as the “S&P500