The Arrington Capital-backed consortium outbid NovaWulf to acquire Celsius Network’s assets, while the Blockchain Recovery Investment Consortium serves as a backup bid.
Decentral Block Post
Gaming is the 'largest scale opportunity' for crypto: Polygon co-founder
Polygon co-founder Sandeep Nailwal said growing industries “invites a lot of speculation early on” but the genuine use cases will eventually rise to the surface.
Jump Crypto finds double-voting vulnerability in Celer’s SGN
The bug would have allowed malicious validators to compromise the network and applications that rely on it, including Celer’s cBridge.
Multichain token plunges 30% on backend upgrade delay
The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price.
Project takes off with $31.6M in alleged exit scam
On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum.
Ethereum is ‘woefully undervalued’ but growing more powerful: DeFi Dad, Hall of Flame
DeFi Dad says he’d be shocked if Bitcoin doesn’t hit $500K within 10 years, but he thinks Ethereum is getting more powerful all the time.
Financial surveillance, privacy and CBDCs: Why are governments going cashless?
Attorney Marta Belcher joins The Agenda podcast to unpack financial surveillance’s vast infrastructure and warn of the potential ramifications of central bank digital currencies.
Foresight Ventures pledges additional $10M for Web3 accelerator
The venture capital firm will allocate up to $200,000 to blockchain projects that it deems promising.
Web3 threatened by Web2.5 and regulations, exec warns
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, the vision of Web3 goes further from becoming realized.
Ledger key recovery service paused amid backlash, will open-source code
In a May 23 Twitter Space, Ledger CEO Pascal Gauthier said the past week has been a “humbling experience.”
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.
Solana integrates AI into blockchain, raises grants fund to $10M
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub.
CBDCs on the horizon: The current state of CBDC initiatives around the world
Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community.
NFT ticketing dishes out a punch at mixed martial arts league
The mixed martial arts organization, Professional Fighters League, will use NFT tickets, becoming the latest sports body to explore the Web3 ticketing functionality.
Crypto City: Guide to Osaka, Japan’s second-biggest city
Osaka may or may not have been Satoshi’s home, Binance has moved in, the city hosted Devcon 5, and there’s finally a Bitcoin ATM again!
Portfolio management provider GoodCrypto joins Cointelegraph Accelerator
GoodCrypto joins a dedicated Cointelegraph support program for Web3 innovators to increase its brand value and scale up marketing efforts.
Bitget secures regulatory license in Poland, reserve funds up $80M in Q1
The cryptocurrency exchange secured VASP licensing in Lithuania in April.
Dash blockchain down for hours after hard fork fail, devs to try upgrade again June 14
The v19 hard fork didn’t go as planned for the privacy coin, but a fix has been released; v18 had experienced a few kinks, too.
Rising BTC transaction fees are a good thing, Bitcoin educator shares
Dan Held, the chief marketing officer at Trust Machines, believes that rising Bitcoin transaction fees may encourage users to look at other layer-2 solutions.
Korean crypto executives allegedly profited $2.3M from coin listing scandal
Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone.
TON Foundation launches $25M accelerator program
The accelerator will invest between $50,000 to $250,000 per project that builds on TON and has an MVP.
When pizza became the unsung hero of Bitcoin’s history: A cheesy celebration
Join the cheesy celebration and learn how Bitcoin Pizza Day shaped the adoption of cryptocurrencies.
Illuvium controversy, Aurory Prologue review, Fornite CEO salty, Assassin’s Creed NFTs: Web3 Gamer
Illuvium’s many marketing controversies, Assasin’s Creed’s NFT cubes, Fortnite CEO salty about death of metaverse, Aurory Prologue review.
GameFi developer Gala Games to launch Web3 poker platform with PokerGO
“Players will soon realize the heightened entertainment that comes with playing poker in an immersive Web3 environment,” said Eric Schiermeyer, founder of Gala Games.
Responsible AI can create policies to help ‘better serve society’
Sabin Dima, the CEO and founder of Humans.Ai, said that with the right implementation, governments could use AI to enhance public services and policies.
Gemini considers forbearance after DCG defaults on a $630M payment
Gemini is planning to file a new motion with the court seeking the return of $1.1 billion of digital assets from DCG-owned Genesis.
Ordinals sends LTC and DOGE network activity surging for 3 straight weeks
Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions.
Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm
It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”
Wife finds husband’s Bitcoin stash amid divorce proceedings
The woman initially suspected that her husband — who earned $3 million per year — did not reveal all his assets, which would get split between the two during the divorce.
Attacker hijacks Tornado Cash governance via malicious proposal
The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router.