• The International Monetary Fund (IMF) is leaning towards regulation of crypto assets over a complete prohibition. • Kristalina Georgieva, the IMF’s managing director, expressed this viewpoint at the recent G20 finance ministers’ meeting in Bengaluru, India. • The IMF and other organizations are working on regulatory framework guidelines to protect users and ensure transaction […]

• Cardano (ADA) released the Valentine upgrade, and the token has seen a positive response in the market. • The Valentine upgrade was aimed at improving security and interoperability for DeFi applications building on Cardano’s network. • Recently, Cardano ranked second in GitHub development activity and had over 5,000 smart contracts on its network. Cardano […]

Paris Hilton and Animoca Brand’s Sandbox Launch Parisland • Hollywood socialite Paris Hilton has joined forces with the Sandbox to launch an adventure experience and dating reality show in the metaverse. • Participants can complete tasks with up to five romantic partners including selecting wedding rings, flirting, and more. • The metaverse trend has been […]

• AllianceBlock, a blockchain project focused on bridging the decentralized finance (DeFi) and TradFi worlds, has suffered a $12 million exploit on Bonq, a decentralized borrowing protocol. • Attackers exploited a loophole on Bonq, giving them access to 110 million ALBT tokens. • The Web3 industry lost more than $3 billion to bad actors in […]