A few months ago, my six-year-old daughter asked me, “Is there a war in Israel?” “Yes,” I said, as I braced myself for the next question. While we are Americans, she knows that much of our family—my aunts, uncles, and cousins—live in Israel. “Has anyone died because of the war?” she asked next, and I answered truthfully. “Yes,” I said, “Sadly, many people have died.” “Has anyone in our family been killed?” she asked. “No,” I said, but I didn’t know how much longer I would be able to give…
Tag: Free
Ubisoft Unveils ‘Champions Tactics’ Ethereum NFTs, Announces Free Mint Date
The Champions Tactics game itself will launch on Oasys, a separate chain from that of the Warlords NFTs – Ethereum. Ubisoft’s first original blockchain game Champions Tactics: Grimoria Chronicles, is set to begin a free mint in a few days. According to a recent announcement, mint for the game’s “Warlords” will go live on December 18. However, a private mint, set for 6 am ET on the day, will come before the general mint which is slated to open by 2 pm ET the same Monday. It might be important…
Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. Cointelegraph interviewed Velvet Capital’s CEO on the challenges facing DeFi and the key barriers it needs to overcome to go mainstream. Cosmos-based Umee and Osmosis merge to create “DeFi Hub,” where Umee’s UX Chain code will be reimplemented on the Osmosis chain, combining features of the two networks. The Platypus hacker has managed to evade accountability for the $8.5 million exploit on…
Solana-Based DeFi Protocol Jito Airdrops $225M Free Tokens to Users
With the airdrop distribution now complete, Jito states that all claimable tokens will be available for 18 months starting on the token generation date. Jito, a decentralized finance (DeFi) liquid staking protocol based on the Solana (SOL) ecosystem, started the distribution of its long-awaited airdrop on Thursday, sharing a total of over 90 million of its native token to early birds who helped in bootstrapping the network. According to reports, the digital asset JTO, which also serves as the governance token within the protocol, was listed on many Solana-based exchanges…
Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’
Two brothers, responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus, were allowed to walk free with no repercussions by a French court. On Feb. 16, hackers managed to drain and move $8.5 million from Platypus through a flash loan attack, forcing the protocol to suspend trading services until a resolution was found. Initial investigations identified Mohammed M. as the culprit, who took advantage of a code error and withdrew all assets through an uncollateralized loan. #CertiKSkynetAlert We are seeing a #flashloan attack on @Platypusdefi resulting…
The IRS Should Offer a Free Tax Reporting Tool to DeFi Users
The IRS Should Offer a Free Tax Reporting Tool to DeFi Users Source
XRP, TON win approval in Dubai International Financial Centre free trade zone
The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP (XRP) and Toncoin (TON) to its list of recognized tokens. They join Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) as coins recognized in the Dubai International Financial Centre (DIFC). The tokens’ new status will allow financial institutions in the DIFC to carry out transactions with them. There are over 4,000 companies located in the special economic zone. Ripple opened its MENA headquarters in the DIFC in 2020. About 20% of Ripple customers are in that…
DOGE Breaks Free From Multi-year Descending Order
Dogecoin has also benefited from the general crypto market rally, gaining over 7% in the past week. DOGE has settled at the $0.069 price range today, with its market cap above $9 billion, showing its massive adoption. Also, on the weekly chart, DOGE shows signs of a breakout pattern as more buyers continue to accumulate the tokens. According to crypto analyst Ali Chart, Dogecoin has broken out of a multi-year descending triangle pattern on the weekly chart. The analyst believes this confirms a buy signal for the asset on the weekly timeframe,…
Solana Foundation to Provide Technical Support for Dubai DMCC Free Zone as Ecosystem Partner
The DMCC said it onboarded the Solana Foundation as one of its ecosystem partners for technical support and to build a robust ecosystem. The Solana Foundation has joined the Dubai Multi Commodities Centre (DMCC) as an ecosystem partner. The DMCC, a free economic zone in the United Arab Emirates (UAE), will receive technical support and business development aid from the Solana Foundation. An official announcement states that Solana Foundation’s support would be provided to the DMCC Crypto Centre, an ecosystem comprising Web3 and blockchain technology companies. The DMCC Crypto Centre provides for…
Solana becomes ecosystem partner of Dubai free zone
The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre (DMCC), one of the free economic zones in the United Arab Emirates. According to the announcement from Oct. 15, with its blockchain platform, Solana will provide technical and business development support to any DMCC Crypto Centre member. The company will also deliver webinars and educational courses on various Web3 topics and extend its already-operating grant program at DMCC. Solana’s existing partners will, in turn, get privileged treatment in the DMCC, according to the centre’s CEO, Ahmed…