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Home2023July

Month: July 2023

Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18
NFT

McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter

July 30, 2023 CryptoExpert

In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested […]

Vyper vulnerability exposes DeFi ecosystem to stress tests
NFT

Vyper vulnerability exposes DeFi ecosystem to stress tests

July 30, 2023 CryptoExpert

Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft of millions of dollars’ worth of cryptocurrencies on July 30. […]

NFT-optimized Palm Network to become a Polygon ZK Supernet
NFT

NFT-optimized Palm Network to become a Polygon ZK Supernet

July 30, 2023 CryptoExpert

Nonfungible token-focused blockchain Palm Network is about to become a great deal more accessible to users, with plans to transition into being a customized Polygon blockchain. According to a July 26 announcement, Palm Network will […]

Curve Finance pools exploited in over $24M due to reentrancy vulnerability
NFT

Curve Finance pools exploited in over $24M due to reentrancy vulnerability

July 30, 2023 CryptoExpert

Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to […]

Bruce Lee avatar to teach martial arts in the metaverse
NFT

Bruce Lee avatar to teach martial arts in the metaverse

July 30, 2023 CryptoExpert

Legendary martial artist and actor Bruce Lee, who died in 1973, is set to teach martial arts in the metaverse through a tribute event hosted by a social entertainment platform to celebrate the 50th anniversary […]

Zero-knowledge tech development heats up amid bear market
NFT

Zero-knowledge tech development heats up amid bear market

July 30, 2023 CryptoExpert

Zero-knowledge (ZK) proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto […]

99-year-old Hungarian artist’s computer-generated NFTs sold for $1.2M
NFT

99-year-old Hungarian artist’s computer-generated NFTs sold for $1.2M

July 30, 2023 CryptoExpert

Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out in less than one hour during Sotheby’s Dutch auction for a total of 631 Ether (ETH), or around […]

Hervé Larren on Bitcoin, Apes and the psychology of ‘blue-chip’ NFTs – Cointelegraph Magazine
NFT

Hervé Larren on Bitcoin, Apes and the psychology of ‘blue-chip’ NFTs – Cointelegraph Magazine

July 30, 2023 CryptoExpert

During a period of hyperinflation in 2013, “my Venezuelan mother asked me to send money to Caracas, the country’s capital,” Hervé Larren recalls. However, bank transfers were not possible between the two countries.  Busy with […]

Poly Network Suspends Services After Getting Hacked
NFT

Poly Network Suspends Services After Getting Hacked

July 30, 2023 CryptoExpert

The cross-chain decentralized finance (DeFi) platform – Poly Network – announced on Twitter that it had halted operations due to a “recent attack.” The team revealed that the exploit affected 57 cryptocurrencies on 10 blockchains, […]

NFT-styled debit cards the future of Web3 — Animoca founder on $30M Hi investment
NFT

NFT-styled debit cards the future of Web3 — Animoca founder on $30M Hi investment

July 30, 2023 CryptoExpert

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million for the neobank platform Hi. Siu’s investment firm plans to invest in […]

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