The Sandbox NFT metaverse platform raises $93M in Series B led by SoftBank
Sebastien Borget, COO and co-founder of The Sandbox tells Forkast.News how NFTs and an open and decentralized metaverse is transforming the way we live, work and play.
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BXH says its exploit, now estimated at $139M, came from admin key leakage
The hacked DeFi platform called China’s cyber police first thing as most users appear to be in China.
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Institutional inflows into crypto year-to-date 30% higher than 2020 total
Cryptocurrency investment products saw inflows of US$288 million last week, with total inflows year-to-date at a record of US$8.7 billion — 30% higher than the total for 2020, according to digital asset manager CoinShares. Fast facts Bitcoin continued to lead with institutional inflows of US$269 million last week, albeit at a significantly lower level compared…
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Hong Kong’s CMCC seeks to raise $300 million crypto fund
CMCC Global, a venture capital firm based in Hong Kong, is targeting US$300 million worth of assets in its latest crypto fund, according to Bloomberg. Fast facts Since being launched in April, CMCC’s fourth digital asset fund has gathered assets close to an estimated value of US$90 million with a goal to reach the US$300…
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Another DeFi platform, BXH, suffers $130M exploit
This follows an attack on Cream Finance that also resulted in a $130M hack.
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King Fury movie director launches monster figure NFTs
Martial arts comedy movie series “King Fury” director David Sandberg has launched a new non-fungible token series called “Unicorn Masters” inspired by monstrous action figures from movies in the 1980s and 90s. Fast facts The Halloween edition of Unicorn Masters contain 15 3D-rendered animated characters described as disturbed, disembodied and desiccated. The NFT characters look…
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Squid Game and BTS tokens emerge amid K-culture boom — and warnings to consumers
The wild popularity of South Korean Netflix TV series Squid Game and K-pop boy band BTS prompt parody tokens in the crypto space under circumstances that are being called into question.
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Unraveling the mystery behind why Bitcoin prices are all over the place
Even the most reliable media can report wildly different crypto numbers. Forkast.News dives into DeFi math and crypto exchange economics to find out who’s right.
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Blockchain game Alien Worlds Missions launches on Binance Smart Chain
Popular play-to-earn blockchain game Alien Worlds has launched its Alien Worlds Missions game on the Binance Smart Chain (BSC), according to a media statement. Fast facts Alien Worlds is a decentralized finance (DeFi), non-fungible token (NFT) metaverse where players compete using unique digital items (NFTs), earn Trilium (TLM), the in-game currency, and travel on Alien World Missions…
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DeFi platform Cream Finance suffers $130M exploit
This appears to be the third hack for the protocol this year — yet the biggest one so far.