News
- Hacker Makes Off With Millions After Minting Six Quadrillion of Ankr’s BNB Staking Tokens
- Sam Bankman-Fried Reveals FTX Was Selling Assets That Did Not Exist
- Apple Blocks Coinbase Wallet’s iOS App
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News
Exploits
Hacker Makes Off With Millions After Minting Six Quadrillion of Ankr’s BNB Staking Tokens
Liquid Staking Provider Says Underlying Assets Are Safe
By Samuel Haig
Ankr, a web3 infrastructure project on BNB Chain, has suffered a major exploit with an attacker minting and dumping millions worth of its wrapped BNB token, aBNBc. On Dec. 2, Nansen, an on-chain analytics provider, flagged that six quadrillion aBNBc had been abruptly minted.
Read the full story in The Defiant
NFT Marketplaces
Uniswap Aims To Become Marketplace For ‘All Digital Assets’: NFT Chief
New Aggregator Won’t Compete With Sudoswap On AMM Pools, Plans To Integrate Blur
When Uniswap debuted its new, NFT marketplace aggregator on Wednesday, it also shuttered Genie, the NFT marketplace aggregator it had acquired in June. “The genie went back in the lamp,” Scott Gray, Genie founder-turned-Uniswap NFT chief, quipped.
Read the full story in The Defiant
Sponsored Post
The Fabricant defies bear market with the launch of Wholeland: The ultimate Web3 fashion experience
The Fabricant has gone live with its boundary-pushing digital fashion storytelling project Wholeland, with a trailer that sets the scene for a provocative world that splices digital couture, mythology and the rave scene.
The OG digital fashion player is famous for its world-leading craftsmanship, gaining global prominence when it was founded as the world’s first digital fashion house in 2018. It sold the first ever digital garment on blockchain for 54 ETH in 2019.
Wholeland is described as a digital fashion story and visually rich journey of self-discovery that unfolds across 7 chapters. Each chapter includes digital couture, AR wearables, co-creation, fashion shows, metaverse meet-ups and airdrops.
Access to Wholeland can only be gained through minting one of The Fabricant’s pieces of AR facewear, called XXories, that act as a key to the wider experience.
Anyone can apply to Join the waitlist to mint an XXorie through The Fabricant website.
FTX Crisis: SBF Speaks
SBF Reveals FTX Was Selling Assets That Didn’t Exist
FTX Customers Were Credited With Notional Balances While Their Deposits Remained In Alameda’s Account
By Samuel Haig
In a live Twitter Space Thursday, Sam Bankman-Fried said FTX was selling Bitcoin to clients that did not exist. During the conversation, Ran Neuner, the host of the Crypto Banter podcast, asked Bankman-Fried to explain why FTX’s spot exchange customers’ assets were missing when the exchange filed for bankruptcy.
Read the full story in The Defiant
TradTech + Crypto
Apple Blocks Coinbase Wallet’s iOS App
Tech Giant Reportedly Wants A Cut Of Blockchain Transaction Fees
By Owen Fernau
After updating its App Store Review Guidelines last month to mention NFTs for the first time, the world’s most valuable company is flexing its muscles.
Apple has blocked Coinbase Wallet’s latest release of its iOS app, reportedly claiming that the transaction fees required to transfer NFTs need to go through the iPhone maker’s In-App Purchase system.
Read the full story in The Defiant