Techniques

In a strategic move to bolster its financial standing, Chinese fabless integrated circuit design company Nano Labs has successfully completed a private placement, raising an impressive $36.25 million. The announcement, which first surfaced in November, detailed the issuance of 5,611,459 Class A ordinary shares priced at $6.46 each. The innovative structure of the transaction allowed
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In recent months, the cryptocurrency world has witnessed a surge in sophisticated scams that capitalize on the trust and familiarity of users. As the decentralized finance (DeFi) space grows, so does the ingenuity of bad actors who exploit it. Among the most alarming developments are scams involving impersonation of well-known influencers through counterfeit social media
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In the world of decentralized finance (DeFi), the term “sandwich attack” has emerged as a significant concern for traders and investors alike. This type of front-running exploit allows malicious actors to manipulate transactions, leading to substantial gains at the expense of unsuspecting traders. A sandwich attack occurs when an adversary identifies a pending order on
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November 2024 revealed a striking trend in the cryptocurrency sector, as hacks represented an astonishing 99.96% of all reported losses in the industry. This statistic, illuminated by a comprehensive report from Immunefi published in collaboration with CryptoPotato, indicates an increasingly alarming trend: the decentralized finance (DeFi) space is facing relentless attacks from hackers. Despite an
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In a significant breakthrough, South Korean authorities have successfully traced and recovered 4.8 Bitcoin (BTC) associated with the notorious 2019 hack of the Upbit cryptocurrency exchange. Local news reports, particularly from Yonhap News, have highlighted this milestone as a substantial achievement against the backdrop of pervasive cybercrime. The incident, believed to have been orchestrated by
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The gaming industry is undergoing a significant transformation, thanks to the advent of play-to-earn (P2E) models. These frameworks allow players to earn tangible rewards, turning in-game activities into real-world gains. This article delves into the crucial steps for creating successful P2E games, exploring the intersection of blockchain technology, user engagement, and sustainable economic modeling. Understanding
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The Sui blockchain represents a significant evolution in the realm of decentralized applications (dApps), aiming to solve the well-known blockchain trilemma of scalability, security, and decentralization. This innovative protocol stands out by adopting the Move programming language—originating from the Diem project—which is tailored specifically for secure, resource-efficient applications. Utilizing a unique consensus mechanism alongside parallel
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In a striking case of cybercrime, the FBI has apprehended a suspect linked to a false tweet that misled many into believing the Securities and Exchange Commission (SEC) had approved spot Bitcoin exchange-traded funds (ETFs). This fraudulent act led to significant volatility in the cryptocurrency market, emphasizing the high stakes associated with misinformation, particularly in
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