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Hacker Mints Six Quadrillion of Ankr’s BNB Staking Tokens

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Exploits

Hacker Makes Off With Millions After Minting Six Quadrillion of Ankr’s BNB Staking Tokens

Liquid Staking Provider Says Underlying Assets Are Safe

By Samuel Haig 

Hacker Makes Off With Millions After Minting Six Quadrillion of Ankr’s BNB Staking Tokens

Ankr, a web3 infrastructure project on BNB Chain, has suffered a major exploit with an attacker minting and dumping millions worth of its wrapped BNB token, aBNBc. On Dec. 2, Nansen, an on-chain analytics provider, flagged that six quadrillion aBNBc had been abruptly minted. 

Read the full story in The Defiant


NFT Marketplaces

Uniswap Aims To Become Marketplace For ‘All Digital Assets’: NFT Chief

New Aggregator Won’t Compete With Sudoswap On AMM Pools, Plans To Integrate Blur

By Aleksandar Gilbert 

Uniswap Aims To Become Marketplace For ‘All Digital Assets’: NFT Chief

When Uniswap debuted its new, NFT marketplace aggregator on Wednesday, it also shuttered Genie, the NFT marketplace aggregator it had acquired in June. “The genie went back in the lamp,” Scott Gray, Genie founder-turned-Uniswap NFT chief, quipped.

Read the full story in The Defiant

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The Fabricant defies bear market with the launch of Wholeland: The ultimate Web3 fashion experience

The Fabricant has gone live with its boundary-pushing digital fashion storytelling project Wholeland, with a trailer that sets the scene for a provocative world that splices digital couture, mythology and the rave scene.

The OG digital fashion player is famous for its world-leading craftsmanship, gaining global prominence when it was founded as the world’s first digital fashion house in 2018. It sold the first ever digital garment on blockchain for 54 ETH in 2019. 

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Anyone can apply to Join the waitlist to mint an XXorie through The Fabricant website.

FTX Crisis: SBF Speaks

SBF Reveals FTX Was Selling Assets That Didn’t Exist

FTX Customers Were Credited With Notional Balances While Their Deposits Remained In Alameda’s Account

By Samuel Haig

Sam Bankman-Fried Reveals FTX Was Selling Assets That Did Not Exist

In a live Twitter Space Thursday, Sam Bankman-Fried said FTX was selling Bitcoin to clients that did not exist. During the conversation, Ran Neuner, the host of the Crypto Banter podcast, asked Bankman-Fried to explain why FTX’s spot exchange customers’ assets were missing when the exchange filed for bankruptcy. 

Read the full story in The Defiant


TradTech + Crypto

Apple Blocks Coinbase Wallet’s iOS App

Tech Giant Reportedly Wants A Cut Of Blockchain Transaction Fees

By Owen Fernau

Apple Blocks Coinbase Wallet’s iOS App

After updating its App Store Review Guidelines last month to mention NFTs for the first time, the world’s most valuable company is flexing its muscles.

Apple has blocked Coinbase Wallet’s latest release of its iOS app, reportedly claiming that the transaction fees required to transfer NFTs need to go through the iPhone maker’s In-App Purchase system. 

Read the full story in The Defiant

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