A "unifying Web3 platform" will onboard 1 billion users by 2026, says Harmony COO

A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO

Li Jiang, chief operating officer at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3.  “We think that the future... Read more »
Nigerian Users Tell Binance 'Stop Scamming' — Exchange Platform Rejects Accusation

Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation

Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform... Read more »
OpenSea Scores Another Own Goal With Bad Advice for Users

OpenSea Scores Another Own Goal With Bad Advice for Users

Key Takeaways An email from OpenSea has resulted in several users losing high-value NFTs. The email urged users holding NFTs with inactive listings to cancel them without first transferring their NFT to... Read more »
Fantom DeFi Users Aren't Spooked by Rocky Market

Fantom DeFi Users Aren’t Spooked by Rocky Market

Key Takeaways Fantom’s DeFi ecosystem has soared to new all-time highs in total value locked, trailing only Ethereum and Terra. The boom has been fueled in part by Andre Cronje and Daniele... Read more »
Multichain Users Lose $1.4M Due to Bridge Bug

Multichain Users Lose $1.4M Due to Bridge Bug

Key Takeaways A hacker has stolen over $1.4 million from Multichain bridge users. Although Multichain quickly fixed the exploit, users who have previously approved permissions to outdated contracts are still at risk.... Read more »
Developers and users need to focus on the strengths of different blockchains to maximize benefits

Developers and users need to focus on the strengths of different blockchains to maximize benefits

Big names such as Bitcoin, Ethereum, Polygon, Polkadot, Avalanche, Algorand and Solana tend to crop up in any discussion about blockchain, but amid the technology’s rapid growth and the ever more competitive... Read more »
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional... Read more »
QuickSwap lets users avoid Ethereum transaction fees with Polygon

QuickSwap lets users avoid Ethereum transaction fees with Polygon

As Ethereum gas prices rise, the chain that inspired Web3 is becoming gentrified, with high transaction costs pushing less wealthy users onto competing blockchains or scaling solutions. This means that many use... Read more »
Italy's top private bank Banca Generali to allow users to buy Bitcoin

Italy’s top private bank Banca Generali to allow users to buy Bitcoin

Over 300,000 customers of Banca Generali will be able to purchase and hold Bitcoin this year. The feature was enabled through the bank’s partnership with cryptocurrency platform Conio, which will be integrated... Read more »
Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange's Letter to Users 'Unacceptable'

Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’

The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving... Read more »