Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.Earlier this week, Multichain urged users to revoke approvals for six tokens to protect their assets from being exploited by malicious individuals. However Multichain's announcement on Jan. 17 encouraged more hackers to try the exploit. … [Read more...] about Multichain under fire from users as hacking losses grow to $3M
Fire
Why Axie Infinity Caught Fire in the Philippines
This episode is sponsored by Quantstamp and Nexo.io.Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Maoi Arroyo, serial entrepreneur and founder of Ignite Impact Fund, the first fund focused on eradicating income and access poverty in the Philippines, and Leah Callon-Butler, director of Emfarsis and screenwriter of the recent “Play to Earn” documentary. … [Read more...] about Why Axie Infinity Caught Fire in the Philippines
EOS under fire over claims its ICO was a shady “pump scheme”
During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times greater than Ethereum’s, expectations were high.But these expectations continue to go unfulfilled. A look at EOS’s stagnant dapp … [Read more...] about EOS under fire over claims its ICO was a shady “pump scheme”