DeBridge cofounder Alex Smirnov on Saturday alleged their team found evidence that North Korean state-backed Lazarus Group was attempting to attack the cross-chain protocol, warning that the group’s attack could broadly target Web3 teams. See related article: After Nomad and Solana, ZB.com gets hacked for US$4.8 mln Fast facts See related article: Why blockchain bridges…
Top blockchain and crypto news: Filecoin leads in market uptick. CryptoPunks in new glow as Tiffany jewelry. Chinese firms flock to Singapore.
An Indian firm providing crypto tax calculation services is introducing a software as a service (SAAS)-based solution to tackle India’s myriad crypto taxation regime. See related article: India’s latest tax assault on crypto exchanges starts Friday Fast facts SAAS-based TaxCryp software aims to simplify tax computation, compliance and reporting requirements, India-based TaxCryp Technologies said on…
Gucci has further embraced cryptocurrencies, announcing in a tweet on Tuesday that it is accepting in-store purchases with ApeCoin through payment service provider BitPay. See related article: How high fashion is waking up to blockchain’s possibilities Fast facts ApeCoin is a cryptocurrency tied to Bored Ape Yacht Club (BAYC), a non-fungible token (NFT) project created…
Chiliz (CHZ) cryptocurrency jumped as much as 25% on Monday evening in Asia after announcing a US$100 million investment in FC Barcelona’s Barça Studios for a 24.5% stake in the soccer club’s digital content and distribution hub. See related article: South Korea’s Ifland metaverse dives into play-to-earn Fast facts Under the partnership, Socios.com and Chiliz…
A lack of certainty over future regulation and a long lockdown in Shanghai are pushing some Chinese Web3 companies to set up shop in Singapore.
The Law Commission of England and Wales recommended classifying cryptocurrencies and non-fungible tokens (NFTs) as a new type of property in a consultation paper published on Thursday. See related article: Basel Committee starts public consultation on banks’ crypto asset exposures Fast facts The Law Commission, an independent statutory body responsible for reviewing and reforming laws,…
The APE decentralized autonomous organization (DAO) approved a proposal to fund the 24-hour news website covering BAYC creator Yuga Labs and the community on Thursday. See related article: Majority of ApeCoin token holders vote to stay on Ethereum Fast facts The Bored Ape Gazette website will become a 24-hour style news site complete with a…