Stars Arena, Socialfi app on Avalanche drained of $3 million after an exploit

A day ago, Avalanche’s newcomer, a socialfi platform named StarsArena (ref link) experienced a significant loss of almost all its locked funds due to a security breach that targeted a smart contract responsible for token security within the social application. The breach resulted in the drainage of approximately $3 million worth of AVAX tokens from…

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The Evolution of Payment Options

The monotonous checkout has been replaced by a symphony of diverse payment options. The jingling and clink of coins and rustling of paper have been transformed into a harmonious blend of coins, cards, and cryptocurrencies. Customers have a buffet of payment choices to choose from at their whim. Businesses are constantly trying to keep up…

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Global Web3 Stakeholders to Explore Collaboration with Indian Tech Ecosystem at India Blockchain Week 2024

Bangalore, 31st October 2024: Top international Web3 players are coming to India Blockchain Week (IBW) from 30th November to 8th December 2024 in Bangalore, to foster purposeful collaboration with the Indian innovation ecosystem. Returning this year with over 100 exciting events, IBW is the country’s first-ever multi-chain platform catalyzing mass adoption of blockchain innovation across…

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USDV, a stablecoin pegged to tokenized US treasuries launched by Verified USD Foundation

The launch of Verified USD (USDV) has been announced by the Verified USD Foundation. USDV is a stablecoin driven by the community and fully supported by the unparalleled on-chain transparency and stability of a basket of tokenized US Treasury Bills (T-bills). As a native omnichain stablecoin compatible with the ERC-20 standard, each USDV is tied…

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Bitmex CEO Arthur Hayes predicts that Aptos will overtake Solana this market cycle

BitMEX co-founder Arthur Hayes, in an interview, shared his predictions about the outlook of the cryptocurrency market. One prediction was about the L1 smart contract blockchain Aptos, which, according to him, can overtake Solana. In an interview with Coin Bureau co-host Jessica Walker, Hayes said, “I’ll put this out there on this particular venue, and…

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What is StilachiRAT? Why do crypto users need to know about it?

StilachiRAT is a sophisticated remote access trojan (RAT) first identified by Microsoft’s Incident Response team in November 2024. This malware exhibits advanced capabilities to evade detection, maintain persistence, and exfiltrate sensitive data from compromised systems. What does StilachiRAT do? Collects detailed system information, including operating system details, hardware identifiers, camera presence, active Remote Desktop Protocol…

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MGX Backs Binance with a $2 billion investment, largest ever into a crypto company

Binance, the world’s largest cryptocurrency exchange, has secured a landmark $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor. This milestone marks Binance’s first institutional investment and represents the largest single investment ever made in a crypto company, as well as the biggest investment ever paid in cryptocurrency (stablecoin). The move…

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Agile Project Planning in Dynamic Environments GeekyArea

As businesses across the world face an ever-changing landscape, the ability to adapt and pivot has become crucial. Utilizing agile project planning frameworks enables organizations to navigate uncertainty and thrive in dynamic environments. By taking an iterative approach, continuously evaluating, and making incremental changes, companies can boost resilience, productivity, and innovation. This article explores best…

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