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Ledger crypto wallet vows to reimburse users after Connect Kit exploit
Ledger says some $600,000 in assets were stolen from users’ blind signing on EVM DApps, and it will ensure all victims are “made whole,” while blind signing will be disallowed by June 2024.
Hardware cryptocurrency wallet provider Ledger says it will reimburse all affected users in the aftermath of the Ledger Connect Kit exploit.
Ledger took to X (formerly Twitter) on Dec. 20 to announce that the firm is aware of roughly $600,000 in assets impacted or stolen from users through blind signing on Ethereum Virtual Machine (EVM) decentralized applications (DApps).
Multiple decentralized applications using Ledger’s connector library — including SushiSwap and Revoke.cash — were compromised on Dec. 14, 2023, resulting in massive losses by investors.
According to the new announcement, Ledger will ensure that affected victims will be made whole and repaid. Read More
Every Game on Ethereum Scaler Immutable in the Epic Games Store
UPDATE: Gods Unchained is back in action after being relisted. Here are the Immutable games that you'll find on the Epic Games Store.
Crypto startup Immutable is a gaming-focused firm with a layer-2 Ethereum blockchain, Immutable X, as well as an upcoming zkEVM blockchain, which has launched its test network at time of writing.
Many games have adopted Immutable's tech to provide faster and cheaper on-chain interactions than Ethereum's own mainnet, and several of those titles have started flooding into the Epic Games Store, a major mainstream PC gaming marketplace.
Here’s a look at all the games using one of Immutable’s networks that have been listed on the Epic Games Store. Read More
Tackling NFT Theft With the Three Address Protocol
The Three Address Protocol offers a structured strategy to safeguard non-fungible tokens (NFTs), dividing activities across three specialized addresses to combat digital asset theft.
TAP: Candidate For The New Standard in NFT Security:
The NFT community has long been plagued by NFT thefts, with high-profile cases often involving losses of digital assets worth hundreds of thousands, even millions of dollars. These incidents illustrate the pressing need for enhanced security measures in the management of NFTs. In response, prominent NFT collector, advocate, and X personality punk6529 proffered a novel solution called The Three Address Protocol (TAP), offering a systematic approach to safeguarding these valuable digital assets. Read More
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023, another new milestone was achieved as the distributed ledger expanded to half a terabyte, surpassing 500 gigabytes in size to accommodate the entire blockchain’s records.
Bitcoin Exceeds 500 GB Blockchain Size Amidst Unprecedented Transactional Growth:
To maintain an unpruned Bitcoin blockchain, node operators now need in excess of 500 gigabytes (GB) of available storage. Downloading the full blockchain would take about 47 hours and 44 minutes using a standard 24 Mbps ADSL connection. Read More
REFER THREE TO MARKETHIVE TO RECEIVE BONUS AIRDROPS AND ACTIVATE MICROPAYMENTS
As Markethive continues to gain traction with new members joining daily, Markethive is steadfast and in preparation to take a large share of the new Market Network that is the next generation following the social media craze of Web 2.0. Markethive is a Social Market Broadcasting Network. It sounds like a mouthful, and it is!
Markethive is an all-encompassing platform that has integrated;
As Markethive’s foundation is Blockchain-driven, it has its consumer coin, currently named Markethive Coin (MHV), but soon to be renamed Hivecoin (HVC - the Ticker Symbol). It is fully integrated into the system and has created an Ecosystem for all Markethive members, free and upgraded Entrepreneurs.
So Markethive has established its niche as the only Social Market Broadcasting Network with an infinity Airdrop and a system that rewards the users for engaging on the platform and learning how to use it with ongoing, real-time micropayments, otherwise known as a Faucet.
Markethive has the combined power of Facebook, LinkedIn, Marketo, and Amazon, with the real advantage of deriving income within the Markethive system while promoting your business and enjoying the social media interface. Read More
Major Cardano (ADA) Announcement on Furthering Blockchain Adoption: Details
Cardano partners with Brazil’s Petrobras to conduct blockchain education workshops for its employees, focusing on cryptocurrency and blockchain potential.
Participants will receive certificates and the first 500 will get NFTs. Cardano Foundation CEO emphasizes the partnership’s significance for blockchain education.
Cardano is also active in Africa, developing a blockchain-based national ID system in Ethiopia and enhancing service access in Tanzania through blockchain collaborations. Read More
El Salvador passes law offering citizenship to Bitcoin investors: Report
The new citizenship by Bitcoin donation law comes about two weeks after El Salvador launched its Bitcoin Freedom Visa for foreigners looking to move to the Central American country.
The Legislative Assembly of El Salvador has reportedly approved a migration law granting expedited citizenship to foreigners who make Bitcoin donations toward government social and economic development programs.
The reform was passed by the country’s legislature on Dec. 21 with support from the Nayib Bukele’s New Ideas party, according to a Reuters report.
The law is expected to come into force in the coming days. Read More
Got a Solana Saga Before They Sold Out? Here Are All the Airdrops You Can Claim
UPDATED: Our list has been updated with even more airdrops, NFTs, and other perks for Solana Saga owners. Check out the latest.
The Solana Saga smartphone has been given a shot in the arm thanks to airdrop buzz. The rising price of leading Solana meme coin BONK helped juice the value of a token airdrop for holders, prompting a frenzy to snatch up the last units—and now the Saga is sold out, with demand even exceeding the expected supply.
Solana Labs says it is weighing potential future moves in the Saga ecosystem, but in the meantime, other Solana-based projects are keeping the excitement alive by launching their own token airdrops for Saga owners.
YouTube tech reviewer MKBHD called the Saga the “bust of the year,” but these airdrops have Saga buyers feeling pretty good about their purchases. Saga owners who claimed every airdrop and free perk—and held onto them all—now have $3,000 or more worth of free tokens. Read More
Saga Blockchain Launches ‘Play-to-Airdrop’ Game Tournaments—Here's How to Earn
The Saga Protocol airdrop is coming. Players can earn a share of SAGA tokens by performing well in crypto game competitions.
Crypto gaming is buzzing again as the broader market recovers, and upcoming gaming-centric network Saga is seizing the moment to pull in players ahead of its mainnet launch and airdrop.
After announcing a $5 million seed extension funding round and its community airdrop plans in November, Saga is now running a “play-to-airdrop” campaign across numerous crypto games to get users into the ecosystem—and tempt them with potential token rewards for playing the early games on running on Saga’s testnet. 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.
