Cosmos Vulnerabilities Found by Developers
Cosmos developers reported a critical security flaw in its IBC-enabled Blockchains. Cosmos founder Ethan Buchman stated that developers would need to deploy a security update on Friday.
Continued Economic Troubles Push Crypt Markets in The Red – Solana Dips Below $30
According to CoinGecko data, Solana (SOL), fell below $30 this morning for only the second time since June. There have been ongoing stability problems, with the network experiencing downtime from September 30.
Ex Terra Developer Launches Start up Eclipse and Raises $15 Million
After his Terra project failed, Neel Somani, a developer, picked up the pieces and raised $15 million to fund Eclipse, a Solana startup.
DeFi Market Slides as Sushi, Lido Lead With a 10% Decline
It has been a difficult week for the tokens that underpin popular DeFi protocols such as SushiSwap and Lido Finance as they have been subject to severe price drops over the last 24 hours.
Non-profit Organisation Coin Center Sues Treasury Department Over Tornado Cash
A D.C.-based policy organization sued the Treasury Department for overstepping its authority in August when it authorized Tornado Cash.
Feds Financial Governor Warns Banks of Crypto Risks
Federal Reserve Vice Chair of Supervision Michael Barr stated Wednesday that regulators could provide additional guidance on crypto-based banking activity.
Singapore’s Financial Regulators Approve Crypto Firm Blockchain.com
Blockchain.com, a crypto service company, has been granted a licence by Singapore’s financial regulator.
Mark Zuckerberg States an Open Metaverse is What is Best During Quest Pro Reveal
In his speech, Zuckerberg reiterated that Meta will not be building the metaverse on its own, but he did not confirm that Meta would fully embrace Web3 technologies in the future.
Another Day Another Hack. Temple DAO Hacked for $2.3 Million
TempleDAO was hit with an exploit that cost it approximately $2.3 million in crypto tokens. Project claimed that it would provide “remediations” to all users affected.
Meta Introduce The Quest Pro VR Headset Priced at $1499
Today, Meta, the parent company behind Facebook, unveiled its virtual-reality headset. The presentation focused mainly on Meta’s expanding portfolio of corporate partnerships, which included one with Microsoft.
