Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns

The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising. In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in.

Chainalysis data shows that 4068 criminal whales (roughly 4% of all whales) are hodling more than $25 billion worth of cryptocurrency between them. The blockchain analytics firm defines criminal whales as any private wallet that holds more than $1 million worth of crypto with over 10% of the funds received from illicit addresses tied to…

Online events are becoming more common as coronavirus cases continue to surge. So it shouldn’t come as a surprise that the blockchain community has seen an uptake in virtual hackathons this year, a concept which is actually proving to be beneficial.For example, hackathon management platform TAIKAI works with organizations to facilitate a virtual open network…

El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC), recently marked its first year of BTC adoption.The Salvadoran government touted BTC as a tool to attract foreign investment, create new jobs and cut reliance on the United States dollar in the country’s economy at…

Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.” According to a Jan. 30 post by Prestwich, this vulnerability “could result in theft of all user funds.” LayerZero CEO Bryan Pellegrino has called Prestwich’s accusation “absolutely shocking” and “wildly dishonest,” claiming that the vulnerability only applies to applications…

Switzerland's primary stock exchange, SIX Swiss Exchange, has launched trading of an Ethereum (ETH)-based exchange-traded product (ETP) on March 5, according to SIX Group’s website.Amun Ethereum (AETH) ETP Lising on SIX Swiss Exchange. Source: SIX GroupBacked by the Swiss startup Amun AG, the new Ethereum-based ETP will be trading under the index AETH. The management fee…

Does the term “creator economy” make you think of some idealistic environment where creativity, authenticity and passion are key values? Where true Michelangelos and da Vincis drive progress through their talents without struggling for food and proving themselves all their lives to get a chance to be recognized posthumously? If so, I’m with you.Though creativity…

Multinational computing giant IBM is adding to its arsenal of blockchain patents with an application for improving the security of permissioned blockchain networks. The patent, first filed in October 2016, was published by the United States Patent and Trademark Office on March 12.The patent is entitled “Resisting replay attacks efficiently in a permissioned and privacy-preserving…

The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators. 229 Total views 4 Total shares Own this piece of history Collect this article as an NFTBinance CEO Changpeng Zhao has denied a report that the company is considering cutting ties with United States business partners. Binance…