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Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies
Kelp DAO plans to migrate rsETH to Chainlink following the $292 million exploit tied to its LayerZero-powered infrastructure. The move comes as tensions between Kelp DAO and LayerZero continue over the cause of the breach and security setup.
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Aave Labs Urges Arbitrum DAO to Release $73 Million in Frozen ETH for rsETH Recovery
Aave Labs has proposed that Arbitrum release $73.5 million in frozen ETH to support rsETH recovery following the Kelp DAO exploit. The funds would be directed to a joint recovery initiative aimed at restoring asset backing and compensating affected users across DeFi platforms.
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Toddler In China Hospitalised With 600 Needle Marks After Mother Hurts Him For "Misbehaviour"
Investigation revealed that Dao was poorly educated, lacked scientific knowledge and was also found to have symptoms of emotional anxiety.
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School Assembly News Headlines (November 22): Top National, World, Business, Sports News
School Assembly Headlines November 21: Stay updated and be ready to share your thoughts in the morning with these School Assembly News Headlines.
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Arunachal's Traditional Blade 'Dao' Gets Geographical Indication Tag
The Arunachal Pradesh 'dao', a traditional handcrafted blade by several tribal communities, has received the Geographical Indication (GI) tag, marking a major milestone in the preservation of the state's indigenous craftsmanship.
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India Blockchain Alliance Partners With RAK-DAO to Promote Cooperation in Web3
On Monday, December 16 India Blockchain Alliance (IBA) announced a partnership with UAE’s free zone for Web3 firms – the Ras Al-Khaimah Digital Assets Oasis (RAK DAO). The aim of this partnership is to take collaborations on Web3 related education, research, and development initiatives on a global level.
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India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion
Okto, the self-custodial wallet by CoinDCX crypto exchange has secured a business licence in UAE’s Ras Al Khaimah (RAK). This marks a pivotal milestone in Okto’s plans for international expansion, starting with the UAE, the company said on August 27.
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SocialFi Is the New Buzzword in Web3 World, Here’s What We Know About It
The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.
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Boss Ladies of Web3 Celebrate Influx of Female Talent in India’s Technology Sector on International Women's Day
Women in India’s Web3 space have extended a congratulatory sentiment towards their female colleagues on the 48th International Women’s Day. Here's how women are making investments and a significant mark in technology with these creative contributions to the industrial growth of the country.
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Sony, Astar Network Join Forces to Launch Web3 Incubation Initiative: Details
Sony Network Communications has teamed up with smart contract platform, the Astar Network, to expand the potential use cases of NFT and decentralised autonomous organisations (DAOs). For Sony, this initiative is aimed at exploring how blockchain could solve issues persistent in the gaming, entertainment, music, and imaging industries.
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Bank of Israel Seeks Task of Supervising Stable Crypto Assets, Here’s What’s Brewing
Israel is the latest nation to join the list of countries that have accelerated their efforts around regulating the digital assets sector. Soon after, Israel may also get a committee, dedicated towards regulating the formations and operations of decentralised autonomous organisations (DAOs).
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ApeCoin DAO Debuts its NFT Marketplace; Sizzles Up Competition for OpenSea, MagicEden
ApeCoin DAO has announced the launch of its own NFT marketplace. For sellers, the platform has decided to offer a 0.5 percent fee on Ether transactions and 0.25 percent on ApeCoin transactions. It will also retain 0.25 percent from each sale.
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Magic Eden Proposes to Build NFT Marketplace for ApeCoin Holders, Submit Proposal to ApeCoin DAO
Days after announcing its multichain expansion into the Ethereum ecosystem, Solana’s crypto unicorn Magic Eden has begun targeting Ethereum-native NFT projects, and first on its list appears to be Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club.
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Animoca Brands Launches DAO to Develop Metaverse Standards: Here's How Its Different From MSF
An alliance of Web 3 companies have joined forces to create an open DAO called OMA3, also known as the Open Metaverse Alliance (OMA3). According to the group, it seeks to address key issues in the metaverse’s nascent state.
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TRON's USDD Stablecoin Continues to Remain De-Pegged From the US Dollar
TRON's USDD has extended its slide below $1 (roughly Rs. 78). It's been trading below peg for a week now. USDD briefly hit $0.93 (roughly Rs. 72) over the weekend despite various interventions from the TRON DAO Reserve over the past few days.
-
Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies
Kelp DAO plans to migrate rsETH to Chainlink following the $292 million exploit tied to its LayerZero-powered infrastructure. The move comes as tensions between Kelp DAO and LayerZero continue over the cause of the breach and security setup.
-
Aave Labs Urges Arbitrum DAO to Release $73 Million in Frozen ETH for rsETH Recovery
Aave Labs has proposed that Arbitrum release $73.5 million in frozen ETH to support rsETH recovery following the Kelp DAO exploit. The funds would be directed to a joint recovery initiative aimed at restoring asset backing and compensating affected users across DeFi platforms.
-
Toddler In China Hospitalised With 600 Needle Marks After Mother Hurts Him For "Misbehaviour"
Investigation revealed that Dao was poorly educated, lacked scientific knowledge and was also found to have symptoms of emotional anxiety.
-
School Assembly News Headlines (November 22): Top National, World, Business, Sports News
School Assembly Headlines November 21: Stay updated and be ready to share your thoughts in the morning with these School Assembly News Headlines.
-
Arunachal's Traditional Blade 'Dao' Gets Geographical Indication Tag
The Arunachal Pradesh 'dao', a traditional handcrafted blade by several tribal communities, has received the Geographical Indication (GI) tag, marking a major milestone in the preservation of the state's indigenous craftsmanship.
-
India Blockchain Alliance Partners With RAK-DAO to Promote Cooperation in Web3
On Monday, December 16 India Blockchain Alliance (IBA) announced a partnership with UAE’s free zone for Web3 firms – the Ras Al-Khaimah Digital Assets Oasis (RAK DAO). The aim of this partnership is to take collaborations on Web3 related education, research, and development initiatives on a global level.
-
India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion
Okto, the self-custodial wallet by CoinDCX crypto exchange has secured a business licence in UAE’s Ras Al Khaimah (RAK). This marks a pivotal milestone in Okto’s plans for international expansion, starting with the UAE, the company said on August 27.
-
SocialFi Is the New Buzzword in Web3 World, Here’s What We Know About It
The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.
-
Boss Ladies of Web3 Celebrate Influx of Female Talent in India’s Technology Sector on International Women's Day
Women in India’s Web3 space have extended a congratulatory sentiment towards their female colleagues on the 48th International Women’s Day. Here's how women are making investments and a significant mark in technology with these creative contributions to the industrial growth of the country.
-
Sony, Astar Network Join Forces to Launch Web3 Incubation Initiative: Details
Sony Network Communications has teamed up with smart contract platform, the Astar Network, to expand the potential use cases of NFT and decentralised autonomous organisations (DAOs). For Sony, this initiative is aimed at exploring how blockchain could solve issues persistent in the gaming, entertainment, music, and imaging industries.
-
Bank of Israel Seeks Task of Supervising Stable Crypto Assets, Here’s What’s Brewing
Israel is the latest nation to join the list of countries that have accelerated their efforts around regulating the digital assets sector. Soon after, Israel may also get a committee, dedicated towards regulating the formations and operations of decentralised autonomous organisations (DAOs).
-
ApeCoin DAO Debuts its NFT Marketplace; Sizzles Up Competition for OpenSea, MagicEden
ApeCoin DAO has announced the launch of its own NFT marketplace. For sellers, the platform has decided to offer a 0.5 percent fee on Ether transactions and 0.25 percent on ApeCoin transactions. It will also retain 0.25 percent from each sale.
-
Magic Eden Proposes to Build NFT Marketplace for ApeCoin Holders, Submit Proposal to ApeCoin DAO
Days after announcing its multichain expansion into the Ethereum ecosystem, Solana’s crypto unicorn Magic Eden has begun targeting Ethereum-native NFT projects, and first on its list appears to be Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club.
-
Animoca Brands Launches DAO to Develop Metaverse Standards: Here's How Its Different From MSF
An alliance of Web 3 companies have joined forces to create an open DAO called OMA3, also known as the Open Metaverse Alliance (OMA3). According to the group, it seeks to address key issues in the metaverse’s nascent state.
-
TRON's USDD Stablecoin Continues to Remain De-Pegged From the US Dollar
TRON's USDD has extended its slide below $1 (roughly Rs. 78). It's been trading below peg for a week now. USDD briefly hit $0.93 (roughly Rs. 72) over the weekend despite various interventions from the TRON DAO Reserve over the past few days.
