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Game On: The Hottest Upcoming Gaming Token Airdrops
UPDATED: The Heroes of Mavia airdrop is coming this week, with Portal, Pixels, Saga, WUFFI, and other gaming drops still on the horizon.
Airdrop season is in full swing, with apps, protocols, and other projects seizing upon signs of an impending bear market to finally drop their tokens—and potentially reward millions of crypto users in the process.
What exactly is an airdrop, though? When it comes to crypto tokens, an airdrop is typically a way for a project to reward its early users and contributors by giving them a share of a newly launched token, all while spreading the tokens far and wide for decentralized governance.
When it comes to blockchain networks and tokens primed specifically for gaming, there are some pretty compelling airdrops on the horizon in the months ahead. Here’s a look at what’s coming for gamers—there may still be time to get involved and score some tokens ahead. Read More
Solana hands over hackathons, accelerator program to Colosseum
A new platform led by a former Solana executive will look to drive builder adoption in the ecosystem by managing hackathons and an accelerator program.
The Solana Foundation is set to double down on efforts to attract developers and startups to its ecosystem by handing over the management of hackathons and an accelerator program to an online platform called Colosseum.
The organization will run two to three annual online hackathons for the Solana Foundation and the Colosseum Accelerator, a five-week program for hackathon winners to be fast-tracked into the Solana ecosystem. Projects accepted into the accelerator program will also receive a pre-seed $250,000 investment from Colosseum.
Colosseum co-founder Matty Taylor, who spearheaded the Solana Foundation’s hackathons as its former head of growth, tells Cointelegraph that the ecosystem has made significant strides in making its technology stack more developer-friendly since Solana’s inception. Read More
How Coinbase Earn Makes Staking Simple—and Secure
Coinbase's staking program aims to be a “one-stop shop” for crypto staking, the firm's staking product lead told Decrypt.
If you hold cryptocurrency on an exchange like Coinbase, staking it is an easy way to earn yield on crypto that would otherwise sit idle.
Staking on Coinbase Earn is a simple process, Coinbase Staking Product Lead John Zettler told Decrypt. From the Coinbase user’s point of view, it’s a matter of navigating to an asset you hold on the exchange, then clicking stake; Coinbase takes care of the rest.
“Staking is the process that many blockchains use to be secure and healthy,” said Zettler. Users who stake cryptocurrency earn rewards drawn from “transaction fees and network rewards in the form of new coins,” he explained. Traditionally, if you purchase something with a credit card or check, it takes a number of centralized organizations to process that payment. Staking leverages a large global decentralized community of asset owners and validators rather than relying on a few centralized organizations. Read More
Apple Security Alert Issued As New Scam Drains Bank Accounts, Steals Personal Info
Security experts are warning millions of Apple users about a new scam designed to extract your sensitive personal and banking information.
The scam comes in the form of several fake iCloud text messages containing malicious links, reports Trend Micro.
Here’s a look at the fake alerts:
CLOUD SERVICE TERMINATION. Upgrade now or lose your stored photos and files. <URL>
ACCOUNT SUSPENDED: Your cloud account has been suspended due to reaching its limits, Upgrade NOW or claim 100GB FREE <URL>
CLOUD STORAGE ALERT. Upgrade immediately or say goodbye to your stored photos and files. <URL>
When the links are clicked, unsuspecting users are taken to a phony iCloud login page. Read More
Because of Solana’s POH method, it can horizontally scale the rest of the blockchain, the same way that operating systems and databases scale their software. Each Solana team member has over a decade of experience working in operating systems GPU acceleration. Compilers, networks, etc., giving them extensive and deep experience optimizing software.
Solana is based on scaling software with hardware, with the vision of building the world's largest decentralized, single chart blockchain. The only way to do that is by scaling all the core technologies with hardware.
Scaling the Blockchain in this way delivers a cheap cryptographic base for financial transfers and, more importantly, outside of finance. It is a way for Solana to build a better web experience for social media communities regarding micropayments.
Also, advertising-based revenues can be relinquished for social networks, leading communities to generate value by self-expression, creating their own content, and growing the network and the connections within the community, creating a better world for all. Read More
Quant launches Make integration for powerful code-free automation with any blockchain
Blockchain for finance firm Quant has launched an integration with automation software provider Make.
Overledger, Quant’s blockchain-agnostic API platform, is now available to users of Make. This will enable individuals, teams and enterprises to build automated workflows customised for their role and business.
Make‘s automation software enables users to visually create, build and automate workflows – all without the complexities of coding. Make aims to empower teams across a business to build and automate any solution, from processes and systems to operations and applications.
With interoperability at its core and built-in integrations, Overledger allows anyone to easily create bespoke workflows integrated with institutional digital assets, from which they can issue digital money and interoperable assets and integrate these to complex business processes in just a few clicks. Read More
Polygon Labs proposes framework to classify DeFi as ‘critical infrastructure’
Decentralized finance protocols should be seen as “critical infrastructure” to the United States’ national and economic security, according to Polygon’s legal team.
Neutral, decentralized finance (DeFi) protocols should be designated as “critical infrastructure” and overseen by federal cybersecurity agencies in the United States, according to a newly proposed regulatory framework from the legal team behind Polygon Labs.
On Jan. 29, Rebecca Rettig and Katja Gilman from Polygon Labs, and Michael Mosier, co-founder of emergent technology law firm Arktouros, published “A Conceptual Framework for Combating Illicit Finance Activity in Decentralized Finance.”
The 45-page paper suggests designating truly decentralized DeFi protocols as critical infrastructure, which would be overseen by the U.S. Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP). Read More
How to perform smart contract testing
Learn the essential steps and strategies to ensure the reliability and security of your blockchain-based applications.
Smart contracts are essential to blockchain ecosystems and decentralized apps (DApps).
Smart contract testing is essential to finding and fixing security flaws in the code. Thorough testing helps stop potential exploitation, like reentrancy attacks and unauthorized access, protecting users and assets since smart contracts frequently handle sensitive data and valuable assets.
Testing ensures that smart contracts accurately carry out the planned activities. Functional testing ensures that the smart contract operates as intended under a range of circumstances and scenarios by assisting in identifying and correcting logic problems. Read More
Hong Kong sets licensed crypto exchange insurance requirement to 50%
Firms must provide insurance to protect users’ assets in addition to undergoing rigorous audits.
Hong Kong’s Securities and Futures Commission has set a minimum insurance requirement of 50% for licensed crypto exchanges handling customers’ assets.
As disclosed by OSL Exchange last week, the 50% insurance coverage minimum applies to all assets under custody. At the same time, OSL announced that it had signed a two-year partnership with Canopius, a syndicate of underwriter Lloyds of London, for an insurance policy covering 95% of its users’ assets.
HashKey Exchange, another licensed virtual asset trading platform in Hong Kong, also signed a crypto insurance agreement with OneInfinity on Nov. 16, 2023, with the potential to expand coverage into incidents related to “server downtime, data back-up, and load management” in the future. According to local news reports, the coverage guarantees protection for up to $50 million to $400 million worth of users’ assets. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
