The Odyssey Metaverse is a new project developed by Antonio Trincao, a.k.a. Lyfe, a Miami-based musician with solid experience in entrepreneurship and technology. The project aims to empower people to make their dreams come true. Moreover, it promises a new and unique Metaverse experience redefining crypto and NFTs. Read on to discover more about The Odyssey, its creator, Lyfe, and his vision behind the project! What is The Odyssey? The virtual world is in full swing, spurring new and interesting…
Blockchain
YouTube Scam Investigator Casts Suspicion on TRON’s USDD
Popular cryptocurrency enthusiast and YouTube investigator, Coffeezilla recently expressed doubts about the new stablecoin's legitimacy. Stephen Findseisen, a.k.a. Coffeezilla, has called into question some of the working principles backing the newly-instituted stablecoin, USDD. Findseisen, with more than 1.1 million subscribers, describes himself as a “crypto scam investigator.” Also, he has increasingly received media attention in the past months. USDD vs. UST According to Findseisen, Justin Sun’s dealings and parallels with the almost defunct UST could be “suspicious.” Findseisen noted that…
2 days ago 484
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Goldman Sachs is Raising 2 Billion Dollars to Buy Celsius’s Assets: Report
Banking giant Goldman Sachs is reportedly raising $2 billion to buy the assets of Celsius – the troubled crypto lending platform. The news comes from two sources familiar with the matter, according to a report from CoinDesk. The bank is ready to buy the lending firm’s assets at a steep discount in the event of a bankruptcy. And, it will do so using commitments from investors. The move is part of Goldman’s effort to draw commitments and gauge interest from…
2 days ago 718
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Harmony’s Horizon Bridge Suffers a 100M Exploit in Latest DeFi Attack
The Horizon bridge to the Harmony blockchain has lost $100 million worth of altcoins to a malicious actor. Harmony announced today morning via Twitter. [embed]https://twitter.com/harmonyprotocol/status/1540110924400324608?s=20&t=cgXzjYq4foPyAMVF1G8Tcg[/embed] Following a brief investigation, the Harmony team pinpointed the attacker’s Ethereum address. After compromising the Horizon bridge, the attacker transferred different tokens to their wallet, with the first transfer coming a little over 20 hours ago. According to Harmony, this exploit did not impact the trustless Bitcoin (BTC) bridge. The protocol claims this bridge’s funds…
3 days ago 554
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Roxe to go Public Through a 3.6B SPAC Deal with Goldenstone Acquisition
Blockchain payments company Roxe Holding has entered a deal with Goldenstone Acquisition, a special-purpose acquisition company (SPAC). The firm unveiled this news through a press release on June 21. Through this deal, Roxe will become a publicly-traded company on the Nasdaq stock exchange. According to the news release, the transaction is subject to approval by Goldenstone stockholders and other closing conditions, including regulatory approvals. Upon the completion of this deal, the combined company will operate as Roxe Holding Group Inc.…
5 days ago 254
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Babel Finance Reaches Debt Repayment Agreement to Ease Liquidity Problems
Crypto lending platform Babel Finance has managed to strike deals that have helped alleviate its short-term liquidity problems. The company unveiled this news through a notice earlier today. Babel Finance said it achieved this feat by communicating with its counterparties and relevant customers. According to the notice, the company reached preliminary agreements on the repayment periods of some debts with the above parties. Babel Finance added that it is holding talks with shareholders and potential investors to get liquidity support.…
7 days ago 445
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Terra’s Crash Could Have Been a Conspiracy, New Research Suggests
Fresh findings on Terra's collapse reveal that the stablecoin's crash may have been an inside job. According to a recently published report by Uppsala Security and Coindesk Korea, the wallet responsible for Terra’s attack is under the management of Terraform Labs, contrary to previous conclusions. Terra Crisis and Possible Conspiracy On May 7th, stablecoin UST, native to the Terra network, depegged, falling below the fixed 1 dollar mark. Sister coin, LUNA, followed very closely, crashing with great speed. In…
2 weeks ago 459
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99% of US-Based Retailers See the Need to Adopt Crypto Payments
A new Deloitte study suggests American businesses are interested in crypto now more than ever. Within the past couple of years, the crypto space has evolved remarkably. The structures supporting its operation have become more advanced, drawing the attention of business owners in traditional finance. Consumers Hold Significant Interest in Crypto Payments On June 8, accounting giant Deloitte released a survey called “Merchants getting ready for crypto”. The survey functioned as a research vehicle to reveal the general sentiment…
3 weeks ago 1.2 k
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Edge Rolls Out First Crypto Mastercard Without KYC Requirements
Edge, the firm behind the Edge crypto wallet, has rolled out Edge Mastercard, a one-of-a-kind crypto virtual card. The company announced this news yesterday, noting that the card is confidential. This means users do not have to submit know-your-customer (KYC) information or any personally identifiable information to use it. According to the announcement, Edge Mastercard uses Mastercard’s open-loop merchant network. This network allows the spending of crypto at over 10 million merchants across the US. At the moment, the card…
3 weeks ago 1 k
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Web3 Gaming Firm Gala Games to Publish Games on the Epic Games Store
Gala Games, a leading web3 gaming firm, will start publishing its blockchain games on the Epic Games Store. A press release revealed this news earlier today. The first Gala Games title to launch on the Epic Games Store will be GRIT, a wild west battle royale game. However, Gala Games has not shared when the game will go live. According to the press release, the Epic Games Store has more than 194 million users. By tapping this massive audience, Gala…
3 weeks ago 456
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