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After $625M Loss, Axie Infinity’s Discord Gets Hacked

Axie Infinity confirmed the Discord hack via tweet. The team said they wouldn’t do a surprise mint without announcing it simultaneously. The Mee6 team clarified that their system remains secure. While Axie Infinity is still recovering from a $625M exploit, its Discord account has been targeted by another hacking incident. In a tweet, they stated that someone has hacked the MEE6 bot installed on their main Axie server. MEE6 is a Discord Bot that can do numerous tasks including moderation, leveling roles, making announcements, playing music, and others. Axie Infinity claims that hackers used the said bot to give authorization

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Brave-Slams-Google-for-New-‘Anti-Privacy’-Proposal
Brave Slams Google for New ‘Anti-Privacy’ Proposal

Brave urged the digital community to oppose Google’s new First-Party Sets proposal. According to Brave, this will dramatically reduce privacy barriers between sites. On the other hand, Google argued that First-Party Sets will actually improve privacy. Brave Software, known for its browser that integrates Basic Attention Token (BAT), slammed Google for its First-Party Sets proposal. According to the former, this new feature will reduce privacy barriers between sites, resulting in user info vulnerability. According to Brave, this proposal is “both alarming and harmful.” Brave explained how the First-Party Sets would work. This constitutes a “radical change” in how the Web

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Ripple Pledges $100M to Bolster Global Carbon Market

Ripple announced an allocation of $100 million for bolstering the global carbon market. The company is taking part in tokenizing carbon credits. In addition, Ripple is aiming to achieve a net-zero carbon footprint by 2030. Ripple has announced that it will be allocating up to $100 million to “scale and strengthen” global carbon markets.  According to the press release, the said amount will be used to invest in companies and startups that focus on this area. The funding will accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon removal companies and climate-focused fintechs. The company

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Crypto Market Plunges With Stocks Amid S&P 500 Dip
Crypto Market Plunges With Stocks Amid S&P 500 Dip

The crypto market has dipped alongside the stock market. The combined crypto market valuation is at $1.3 trillion. Meanwhile, Tesla got kicked out of the S&P 500 amid concerns of accidents and alleged racism. The crypto market has plunged anew alongside the stock market amid the most recent dip of S&P 500 stocks. Bitcoin has lost its footing at the $30,000 crucial support level again and is currently trading at $29,000, according to CoinGecko. Ethereum experienced the same, with its price last seen at $1,966.02. On-chain data analysis firm Santiment noted the strong correlation between the crypto market and the

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44 Countries Meet in El Salvador to Discuss Bitcoin
44 Countries Meet in El Salvador to Discuss Bitcoin

President Nayib Bukele of El Salvador confirmed a meeting with 44 other countries. The main focus of the meeting is on Bitcoin and the digital economy. El Salvador, the first country to recognize Bitcoin as legal tender, now has 2,000 BTC holdings. El Salvador’s President Nayib Bukele announced via Twitter that 44 countries will meet in El Salvador. According to him, they will discuss financial inclusion, digital economy, banking the unbanked, the Bitcoin rollout and its benefits in his country. The 44 countries consist of 32 central banks and 12 financial authorities. These central banks and financial authorities are essentially

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LUNA Foundation Drains 80K of BTC Reserve for UST
LUNA Foundation Drains 80K of BTC Reserve for UST

Luna Foundation Guard held a reserve that contained 80,394 BTC as of May 7. The foundation sold 80,082 BTC for UST with an effort to save its peg. LFG to reimburse its remaining assets to UST holders. Amidst Terra’s catastrophic crash last week, Luna Foundation Guard disclosed that it had sold 80,082 of its Bitcoin reserves between May 8 and 10, 2022. On May 16, the foundation shared a thread on Twitter revealing that they began converting its reserves to UST during UST and LUNA price drop. The non-profit foundation announced that as of May 7, LFG held a reserve

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NFT Berlin Amasses 100+ Speakers For Unconference
NFT Berlin Amasses 100+ Speakers For Unconference

NFT Berlin will launch on May 25 at Alte Münze, Berlin. The event consists of a 2-day unconference and 2-day hackathon. Team gathered more than 100 of the best speakers to talk about the NFT community ecosystem. NFT Berlin 2022, scheduled for May 25-28, will happen at Alte Münze, Berlin, Germany.  According to the event’s website, NFT Berlin is a non-profit yearly NFT unconference influenced by the community of enthusiastic NFT artists and technologists. The event will feature NFT art exhibition, collectibles & society, game & experiences financialization, and infrastructure & research. The event has two parts: a two-day unconference

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CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”
CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”

Binance’s LUNA investment that peaked at $1.6 billion is now worth less than $3,000. Showing how ‘diamond hands’ they are, Binance never sold its LUNA and UST amid Terra’s crash. Changpeng Zhao said people should manage their risks, as they can handle theirs. Binance CEO Changpeng Zhao, commonly known as CZ, responded to a post on Reddit via his Twitter to those people worrying about Binance’s LUNA investment.  The Reddit post is linked to an article that said Binance’s LUNA investment “peaked at $1.6 billion, now worth just $3,000.” In detail, Zhao responded to those people, saying that “even ‘big

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Yield Guild Games Launches Thetan Arena Try-Outs
Yield Guild Games Launches Thetan Arena Try-Outs

Yield Guild Games launched try-outs to discover new talents in Thetan Arena. Over the next weeks, matches will be conducted every Tuesday. The winning team will receive $1,000 in YGG tokens and will represent the guild at the official Thetan Arena tournament. Yield Guild Games (YGG), a P2E guild that brings players to earn via NFT, announced that they are launching try-outs to discover top tier talent in Thetan Arena community. Thetan Arena is a free-to-play blockchain-based MOBA P2E game, where players can play with a team or solo to earn Thetan Coin ($THC). Users can earn through Android or

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BAYC’s ApeFest 2022 to Happen at Pier 17 NYC
BAYC’s ApeFest 2022 to Happen at Pier 17 NYC

ApeFest will be happening at Pier 17 in NYC from June 20 to 23. Pier 17 is an indoor/outdoor waterfront venue with panoramic views. This year’s ApeFest venue can accommodate twice as much as last year’s. Bored Ape Yacht Club announced via Twitter that this year’s ApeFest, which was scheduled this coming June 20 to 23, is going to take over at Pier 17 in New York.  “Can’t wait for four wild nights of unforgettable performances and hanging with you at this one-of-a-kind spot,” BAYC added in its tweet on Monday.  Furthermore, bored apes are going to experience something big

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Police Report Filed Against Do Kwon Amid LUNA Crisis
Police Report Filed Against Do Kwon Amid LUNA Crisis

A Reddit user disclosed that a police report has been filed on behalf of 1,000 Singaporeans against Terra’s Do Kwon. Kwon expressed being in pain that his invention has caused. Reactions from Reddit users stated that nothing is going to happen with the police report. A concerned citizen from Singapore filed a police report with the authorities against Terraform Labs CEO Do Kwon. According to a user from social media platform reddit, the police report against Kwon was filed on behalf of LUNA and UST investors who have lost money during the de-pegging and LUNA price inflation period. The anonymous

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Binance Labs Taps pSTAKE for BNB Liquid Staking
Binance Labs Taps pSTAKE for BNB Liquid Staking

Binance Labs makes a strategic investment in Liquid Staking Protocol pSTAKE. pSTAKE will bring liquid staking to the BNB community and promote growth of DeFi in the BNB Chain ecosystem. “At pSTAKE, we are developing a solution that allows users to seamlessly stake their assets,” said Persistence Founder Tushar Aggarwal. Binance Labs, Binance’s venture capital arm and innovation incubator, has decided to make a strategic investment in pSTAKE Finance. The latter pointed out that the recent collaboration will bring liquid staking to the BNB ecosystem. pSTAKE Finance provides a liquid staking protocol developed by Persistence.   The liquid staking protocol

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