Zuckerberg told investors Meta plans to launch "a version of Horizon on mobile" this year, explaining that while "the deepest and most immersive experiences" in the metaverse will be in VR, "you’re also going to be able to access the worlds from your Facebook or Instagram apps as well".

North American esports organization NRG revealed details regarding the first-ever Fortnite Winter Games event—a skill challenge open to North American…

The post Fortnite: NRG Announces $15K Winter Games Competition appeared first on Esports News Network | ESTNN.

The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.

Ethereum-centric analytics platform Dune Analytics has raised $69,420,000 in Series B funding led by New York-based private equity firm Coatue. (Read More)

Bullish VET price prediction ranges from $0.18 to $0.8. The VET price might also reach $1 soon. VET bearish market ...

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Wormhole, a popular cross-chain bridge between Solana and other DeFi-based blockchain networks has been hacked for about 120,000 wETH (wrapped Ether) worth $320 million, making it the second-largest DeFi hack to date. On Wednesday, the team behind the project officially confirmed that the bridge is currently down while the team investigates a potential exploit. In a follow-up tweet, Wormhole confirmed that the vulnerability was patched and were working to get the network up and running again. The vulnerability has been patched. We are working to get the network back up as soon as possible. — Wormhole🌪 (@wormholecrypto) February 3, 2022 The attack approximately took place at 6:24pm UTC on Feb. 2 where the hacker minted 120,000 wETH (WETH) on Solana, then redeemed 93,750 WETH for ETH worth $254 million onto the Ethereum network at 6:28 pm UTC. Since then, the hacker has used some funds to buy SportX (SX), Meta Capital (MCAP), Finally Usable Crypto Karma (FUCK), and Bored Ape Yacht Club Token (APE). The remaining WETH was swapped for SOL and USDC on Solana. Currently, the attacker’s Solana wallet holds 432,662 SOL worth $44 million. Wormhole Offers $10M Bug Bounty to Hackers Wormhole is a DeFi protocol that allows users to bridge assets across Terra, Solana, Ethereum, Binance Smart Chain, Avalanche and Polygon without the use of a centralized exchange (CEX). When a user transfers assets from one blockchain to another, the DeFi platform locks the transaction and mints a wrapped version of the token to its final chain. About an hour after the exploit, Wormhole offered the hacker a $10 million bug bounty in an on-chain message in return for the funds: “We noticed you were able to exploit the Solana VAA verification and mint tokens. We’d like to offer you a whitehat agreement, and present you a bug bounty of $10 million for exploit details, and returning the wETH you’ve minted.” This is the second smart contract exploit after hackers made off with $80 million from decentralized finance protocol Qubit Finance last week.

The post Wormhole Loses $320M in Second-Largest DeFi Hack Ever appeared first on Cryptoknowmics-Crypto News and Media Platform.

On Wednesday, February 2, one of the most popular crypto bridge networks connecting the Ethereum and the Solana blockchains has faced a massive hack of a staggering $320 million. Warmhole has appraised this event on its Twitter handle stating that the hackers managed to steal a staggering 120K wETH or wrapped Ether. The official announcement

The post Breaking: Ethereum-Solana Bridge Warmhole Exploited In A Massive $300 Million Hack appeared first on CoinGape.

The Bank of Thailand (BOT) is looking to issue guidelines for virtual banks in the country in a bid to play catch-up with neighboring countries Malaysia and Singapore who have

The post Thailand Seeks to Join the Digital Bank Race in Southeast Asia appeared first on Fintech Singapore.

Nayib Bukele believes that the worth of Bitcoin will quickly rocket El Salvador’s Minister of Finance has responded to the IMF’s calls for to drop Bitcoin as a authorized foreign money El Salvador President Nayib Bukele has as soon as once more publicly expressed his bullish view on Bitcoin, predicting that in “just a matter […]

The post Nayib Bukele is assured BTC will see beneficial properties on the again of impending shortage appeared first on Bitcoin Upload.

Everything about society sets us up to become subservient to the pursuit of the mortgage — but bitcoin changes that.

Vertex Event CEO Mr. Pushkin Agha, who is the driving force behind many successful events for many years in Dubai, has announced the final dates and venue of the 4th Blockchain Dubai Summit. This 3 Days Blockchain Summit & NOORNFT & ART SHOW will be held at Grand Hyatt Dubai,  on 15th, 16th, 17th February […]

The post Vertex Events Announces The 4th Grand Blockchain Event At Grand Hyatt Dubai appeared first on CryptoCoin.News.

Key Takeaways NFT avatar projects such as Bored Ape Yacht Club and Azuki are soaring in value. The renewed interest in NFTs could be due...