Web3
Buterin says Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS'
Buterin's influence in the EF will decrease as the board expands. He framed the EF as "one node, with a defined purpose," not the center of Ethereum.
Kelp claims that LayerZero approved the setup it blamed for $292 million bridge hack
The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."
Elon Musk's X to deploy scam kill switch by auto-locking first-time crypto mentioners
The move comes in response to a wave of phishing attacks using fake copyright emails and is the latest in an attempt to shut down crypto-linked scams on the platform.
More from Web3
Decentralized autonomous organizations need a rethink, Ethereum co-founder says
He called for a new wave of DAOs that focus on critical functions, like data maintenance and dispute resolution, with more sophisticated governance.
Nike sells its NFT and virtual sneakers amid lack of digital art market interest: report
Deal follows NFT shutdown as Nike retreats from digital collectibles amid cooling market demand
Circle platform promising tokenized gold, silver swaps is 'fake,' company says
The release, distributed on Christmas Eve, used Circle branding and claimed to quote executives, but a Circle spokesperson said it was "not real."
Crypto user loses $50 million in 'address poisoning' scam
The scammer sent a small "dust" amount to the victim's transaction history, causing the victim to copy the address and send $50M to the scammer's address.
Real-World Asset DeFi Moves Into Sports Finance With Tokenized Football Club Revenues
A new DeFi model is providing football clubs with faster access to liquidity by converting future media and broadcasting revenues into tokenized, onchain assets.
