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NFT Lender Omni Hacked for 1,300 ETH

NFT Lender Omni Hacked for 1,300 ETH

NFT platform, Omni was hacked for 1,300 ETH ($1.43 million) as the hacker exploited the firm's reentrancy vulnerability protocol, according to PeckShield.

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether ceases support for Kusama, Bitcoin Cash SLP, and Omni Layer due to evolving crypto needs. The move follows Q2 earnings surpassing $1 billion. Tether remains hopeful for Omni's potential.

ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support

ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support

ZetaChain and Curve Finance have partnered to introduce native Bitcoin support for cross-chain swaps and omnichain asset pools, enhancing asset management efficiency across blockchains.

Discover Smodin: The All-in-One AI Writing Tool

Discover Smodin: The All-in-One AI Writing Tool

Smodin is an AI writer and rewriter platform used by over 100,000 businesses and 30,000 universities worldwide, offering tools like AI-powered research, translation, and homework solvers, with various pricing plans.

Interoperability Protocol LayerZero Labs Secures $135m Investment

Interoperability Protocol LayerZero Labs Secures $135m Investment

Decentralized full-chain interoperability protocol LayerZero Labs has secured a $135 million investment co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz.

Digital Wallet Omni Raises $11m in Seed Funding

Digital Wallet Omni Raises $11m in Seed Funding

On September 7, digital wallet Omni (formerly known as Steakwallet) raised $11 million in seed funding at a $50 million valuation.

Tether Launches USDT on Kava Blockchain

Tether Launches USDT on Kava Blockchain

Tether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.

Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals

Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals

Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.

TRON Credited with Powering Record USDT Growth

TRON Credited with Powering Record USDT Growth

With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.

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