Euler Finance Hacker Returns 51,000 ETH in $1M Reward

• The Euler Finance hacker has reportedly returned 51,000 ETH to the platform after stealing funds from it in March 2023.
•Euler Finance had offered a $1 million reward for the restoration of the stolen money.
•Previously, on March 18, the hacker apparently returned $5.4 million in Ether back to Euler Finance’s deployer address.

DeFi Protocol Euler Finance Hacked

On or around March 13, 2023 an exploit was made by a hacker and stole funds from decentralized finance (DeFi) platform Euler Finance most of which were held in stETH totaling $135.8 million in stETH, $33.8 million in USDC stablecoin and $8.7 million in DAI. This was one of the biggest DeFi space exploits of 2023.

Reward Offered By Euler Finance

In response to this exploit, Euler Finance offered a bounty of $1 million reward for the restoration of the stolen money backed up with legal actions if not followed through with their demands that 90% of the stolen monies be returned to them.

Hacker Returns Massive 51,000 ETH

The bulk of the stolen funds from Euler Finance was reportedly returned by the attacker on Saturday as much as 51,000 ETH according to audit platform BlockSec . Earlier on March 18th ,the hacker had already returned almost $5.4 million in Ether back to Euler Finance’s deployer address with three separate transactions but his motivation is still unknown .

Funds Obtained Through Quick Loans To Fund The Theft

It was previously reported that he obtained quick loans to fund his theft so it is still possible that part of the funds are still with him at this time but most are back with Euler finance safely now .

Global Financial Crisis

While news related to crypto industry has been relatively good , global financial sector has been facing a tough time due to bank crisis making this incident more significant than ever before .

BlackRock CEO Backs Tokenizing Assets: Stocks and Bonds Now Digitalized

• BlackRock CEO, Larry Fink, believes tokenizing asset classes like stocks and bonds could improve capital markets efficiency and increase investor access.
• Fink discussed the improvements in payment systems, particularly in developing countries.
• He also noted that advanced economies lag behind when it comes to payment innovation and transparent regulations are needed for investors to understand the risks of the market.

BlackRock CEO Sees Potential in Tokenizing Assets

BlackRock CEO Larry Fink has expressed his opinion that tokenizing assets such as stocks and bonds can provide increased efficiency to capital markets and lead to improved investor access. In a recent annual letter to shareholders, he discussed the progress made in payment systems across different countries including Brazil, India, Africa, as well as the United States. He noted that while there have been improvements made in developing countries, advanced economies have lagged behind when it comes to payment innovation. For this reason he suggested that more transparent regulations are needed for investors to better understand the potential risks associated with digital assets.

Digital Asset Sector Examined by BlackRock

Fink revealed that BlackRock is examining the digital asset sector closely, specifically permissioned blockchains and tokenization of stocks and bonds which could bring new practical applications beyond just Bitcoin. Despite some crypto firms failing during this time frame, there has been considerable advancements made with digital payments methods being developed quickly around the world.

U.S Regulatory Crackdown on Crypto Businesses

In response to issues such as those encountered by Paxos stablecoin issuance firm or Signature Bank’s sudden collapse, U.S officials have begun tightening regulation of crypto businesses within their jurisdiction recently. However Fink believes more nuanced regulation is necessary for a sector still in its infancy stages so as not to hinder further growth possibilities or scare away potential investors due to unclear policy objectives or overly restrictive measures taken against them by government bodies.

Improvement of Payment Systems Key Focus For Fink

The focus for Fink appears to be on improving payment systems globally but especially in advanced economies where there is still much room for improvement according to him compared with other less developed areas such as those mentioned previously above (Brazil, India & Africa). He hopes through greater transparency about the risks associated with investing into digital assets through clear regulations set forth by authorities will help investors make more informed decisions about their investments into this sector going forward thus helping them avoid any potential pitfalls along the way whilst reaping maximum rewards from their investments if done correctly .

Conclusion

To conclude it would seem that BlackRock is carefully monitoring developments within the cryptocurrency space due largely in part thanks its strong interest from its CEO Larry Fink who realizes its huge potentials despite some challenges faced by companies dealing within this space at present time , meanwhile voicing his opinions on how best regulators should go about tackling concerns related mainly towards protecting investors from fraudsters or unscrupulous individuals taking advantage of naivety involving digital assets & cryptocurrencies alike .

Raiders Rumble: Web3 Strategy Game Now Available on Flow Blockchain!

Summary

  • Bloxmith has launched Raiders Rumble, an esports mobile strategy game for Web2 and Web3 gamers, on the Flow Blockchain.
  • Raiders Rumble challenges players to apply strategic decisions in countering their opponents’ moves.
  • Flow-sponsored bonus tournaments are scheduled to take place between March 23-31, with a total prize pool of $120,000 in FLOW tokens for the best gamers around.

Bloxmith Launches Raiders Rumble on Flow Blockchain

Taipei based gaming studio Bloxsmith announced today that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store. Raiders Rumble challenges players to apply fast-paced strategic decision making in countering the moves of their opponents. It is built as an esports game allowing players to win in-game items or RUMB tokens. Players do not need a crypto wallet or digital collectibles (NFTs) to start playing.

Features of Raiders Rumble

Raiders Rumble features a daily rotation of tournament modes where the top 50 percent of participants can win in-game items or RUMB tokens. Furthermore, digital collectibles in Raiders Rumble do not provide any in-battle advantage; however they have several other unique features that make them highly valued by collectors.

Flow Sponsored Tournaments

As part of the launch and esports nature of the game, Raiders Rumble will host three Flow-sponsored bonus tournaments. Strategy gamers will have the opportunity to win FLOW tokens with a total prize pool worth $USD 120,000 in FLOW up for grabs for the best strategy gamers around. These Flow-sponsored tournaments are scheduled to take place between March 23-31 2021 .

Statement from Bloxmith’s CEO

Bloxmith Co-founder and CEO Wayne Lee said „For our first game, we wanted to pioneer a new type of competitive mobile strategy game that would help bridge the gap between traditional and Web3 gamers.“ He further added „We are delighted to be working on the Flow blockchain – it solves the scalability problem for games and digital collectibles.“

< h2 >Statement from Head Of Product at Flow
Chirag Narang Head Of Product at Flow said „Raiders Rumble is a compelling example of a mobile game that can simultaneously appeal to mainstream audience while introducing them to power of Web3 gaming powered by Flow.“ He further added „The Bloxmith team’s innovative take on game design and player onboarding aligns strongly with Flow’s vision goals our ecosystem around gaming & onboarding mains

Discover the Next-Generation Open-World Action RPG: Abyss World!

• Mysten Labs and Metagame Industries have partnered to build Abyss World, a web3-based action role-playing video game.
• The game will be built on Sui Network, the Layer 1 blockchain developed by Mysten Labs.
• Abyss World is set to launch its open beta version in Q3 2023, with NFTs available for early holders to benefit from a wealth of rewards.

Partnership between Mysten Labs and Metagame Industries

Mysten Labs, a web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, has recently announced a partnership with Metagame Industries, an interconnected web3 gaming ecosystem. Through this partnership, Metagame Industries will create Abyss World – an AAA-level action role-playing open-world game in web3 – using Sui Network as the platform. Backed by AMD, Microsoft, and IGN, Abyss World seeks to bridge and unite web2 and web3 users through an immersive gaming experience.

Abyss World Expansion Efforts

Metagame Industries plans to expand their team ahead of the launch of Abyss World’s open beta version in Q3 2023. Early holders of Abyss World’s NFTs will benefit from a wealth of rewards within the game content. This partnership not only serves as an opportunity for both companies to bring high quality games to both web2 and web3 gamers at scale but also enables them to introduce a masterpiece into the space that is both valuable and immersive.

About Mysten Labs

Mysten Labs is a team comprised of experts in distributed systems, programming languages, and cryptography whose founders have been involved in some of the world’s most successful projects including Ethereum 2.0 and Zilliqa blockchain protocols. Their mission has always been focused on bringing next-generation web3 games to their budding community via reliable on-chain technology solutions such as Sui Protocol.

About Metagame Industries

Metagame Industries is an interconnected gaming ecosystem with partnerships from leading names such as AMD, Microsoft, IGN among others who are committed towards creating exciting interactive games for players all over the world via their cutting edge technology products such as Abyss World which was made possible due to their collaboration with Mysten Labs utilizing Sui Network as its platform for development.

Conclusion

Both partners are looking forward towards introducing a revolutionary masterpiece into the space which would provide users with valuable rewards while also providing them with an immersive gaming experience bridging both worlds i.e., Web 2 & Web 3 together seamlessly while pushing new boundaries in terms of gaming quality standards & interactivity levels never seen before!

LUNC Price Prediction 2023: Will It Reach $0.0005?

• Terra Classic (LUNC) is a cryptocurrency launched by Do Kwon’s Terraform Labs in 2019.
• Current LUNC market status is indicated with a current price of $0.00016217 and 24-hour trading volume of $45,659,197.
• Bullish LUNC price prediction is between $0.00017006 and $0.00033795, whereas the bearish prediction for 2023 is at $0.00008430.

What Is Terra Classic (LUNC)?

Terra Classic (LUNC) is one of the cryptocurrencies that can never be forgotten by the crypto community. The wild crash of this token is a major catastrophic story of the 2022 bear market. Terra Classic (LUNC) was launched by Do Kwon’s Terraform Labs in 2019 as a proof-of-stake blockchain built on Cosmos SDK and Tendermint and existed as a collateral token that backed a family of decentralized stablecoins of the Terra ecosystem.

Current Market Status

The current market status for LUNC indicates a current price at $0.00016217 with 24-hour trading volume at $45,659,197 and 24-hour price change 0.7% down from its circulating supply 5,915,234,135,150 with an all-time high on April 05 2022 at $119.18 USDT (source: CoinGecko).

Terra Classic (LUNC) Price Prediction 2023

Terra Classic holds the 55th position on CoinGecko right now and its chart pattern shows descending channel which indicates it to be in a bearish market currently ranging from 0$016653 to 0$018731 resistance levels or even fall 0$015239 if trend reverses .

Bullish & Bearish Prediction

In terms of bullish prediction for 2023 ,price may reach up to 0$0033795 while bearish prediction stands at 0$0008430 USDT given current market trends & analysis .

Conclusion

As we can see ,the future movement & predictions for LUNC are based on statistical data ,RSI ,RVOL & price patterns which suggest that prices might hit 0$0005 soon but there’s no guarantee & investors should proceed with caution while investing .

ABO Digital Invests $25M in Spheroid Universe, Powering the XR Metaverse

• Spheroid Universe (Spheroid) has secured an investment commitment from ABO Digital of $25 million.
• This funding will allow Spheroid to continue developing and scaling the infrastructure within Spheroid Universe, such as Spheroid Script and Spheroid Demiurge IDE.
• ABO Digital is a digital asset investment firm that invests in cryptocurrency projects globally.

Investment Commitment to Spheroid

Rotterdam, Netherlands, 21st February, 2023 – Chainwire: Spheroid Universe (Spheroid) has secured an investment commitment from ABO Digital for its utility token SPH – a significant milestone for the extended reality metaverse company.

Funding Details

The total amount raised was $25 million which will be used to continue building tools and capabilities within Spheroid Universe, such as the cross-platform programming language developed to speed up and reduce the cost of developing AR/XR applications – „Spheroid Script“, and “Spheroid Demiurge IDE” – a cloud-based integrated development environment for programmers and designers who work together on AR/XR projects.

About ABO Digital

ABO Digital is a digital asset investment firm based in the Bahamas that invests in cryptocurrency projects globally. They are part of the Alpha Blue Ocean group which has executed more than $2bn in financing commitments for publicly listed companies across the globe.

About SPH Token

SPH is the native token of the Spheroid ecosystem that fuels all activities of this platform, including exchanging Spaces (virtual lands of the universe), advertising in XR, placing content, and various other services. Moreover, it powers “Spheroids Earth” – an open global project for creating Earth 3D Digital Twin.

Conclusion

This financing commitment from ABO Digital marks a major milestone for Spheriod as they plan on using these funds to continue building tools and capabilities within their universe. Managing Director Andrea De Marco expressed her excitement about working with ABO Digital going forward while Amine Nedjai from ABO commented positively on this agreement stating that he believes increased demand will be seen over time due to their efforts towards enabling creators in AR/XR space

Mysterious ETH Address Awakens After 7 Years with $149,980

• An Ethereum (ETH) address containing roughly 100 ETH was reactivated after seven years, causing a flurry of speculation and excitement in the crypto community.
• The transaction fees were at 0.00033502177254 ETH ($0.50 USD).
• Crypto enthusiasts began speculating on the identity of the mysterious person or entity behind the address.

A Mysterious Ethereum (ETH) Address Revealed

The crypto community was recently taken aback when an Ethereum (ETH) address that had been dormant for an astonishing seven years suddenly sprang to life. The address contained a total of roughly 100 ETH (which currently amounts to around $149,980), thus causing a flurry of speculation and excitement throughout the cryptocurrency community.

Transaction Details

According to the transaction details provided by Whale Alert, the address was reactivated 2 hours and 53 minutes ago at a fee of 0.00033502177254 ETH ($0.50 USD). This caused an uproar on social media as many crypto enthusiasts began speculating on the identity of the mysterious person or entity behind the address.

Speculations

Some suggested that it could be a wealthy investor who had been holding onto their funds for years while others theorized that it might be a sign of something bigger happening in the world of Ethereum.

Reactions From Crypto Enthusiasts

Naturally, this sudden activity from this ancient Ethereum address has sparked numerous reactions from crypto enthusiasts on Twitter. Some suggest that the owner may be preparing to stake their newfound ETH while others believe that this could be just one out many more dormant accounts being reactivated in near future.

„Whatever Happens Next Remains To Be Seen“

Whatever happens next remains to be seen, but it’s certainly an intriguing development that has gotten many people talking.

Win up to 1 Million WEMIX in WEMIX’s Airdrop Event!

• WEMIX PLAY, the number 1 blockchain gaming platform by Wemade, is hosting a WEMIX airdrop event until February 28th.
• Participants must connect game account to PLAY Wallet, reach character level 25, and have a log-in record within one week from the event end date.
• MIR M is K-MMORPG featuring martial arts that launched on January 31st and part of an Inter-game Economy with tokenomics based on the game token DRONE and Governance token DOGMA.

Wemade Hosts WEMIX Airdrop Event

WEMIX PLAY, the number 1 blockchain gaming platform by Wemade, is hosting a WEMIX airdrop event until February 28th to celebrate the global launch of its MMORPG, MIR M: Vanguard and Vagabond.

Requirements For Participation

Participants must connect game account to PLAY Wallet, reach character level 25, and have a log-in record within one week from the event end date. If the number of participants exceeds 1 million, winners will be selected based on the order of reaching character level 25 first. Winners and more information will be announced later.

About MIR M

MIR M is a K-MMORPG featuring martial arts that launched on January 31st. It recreated Wemade’s most popular IP, The Legend of Mir 2, to fit current game trends, and applied blockchain technology to create tokenomics based on the game token DRONE and Governance token DOGMA.

Inter-Game Economy

MIR M is part of an Inter-game Economy that includes the economy of MIR4, the world’s most successful blockchain game. Users of games in this Inter-game Economy can reinvest the game tokens they have obtained in each game into other games, thus creating a virtuous cycle.

More Information

For more information about this event or about MIR M itself please visit https://mirmglobal.com

Dexalot Launches Hybrid DeFi Subnet on Avalanche Network: Optimized User Experience for Traders

• The decentralized cryptocurrency exchange Dexalot has launched a Hybrid DeFi Subnet on the Avalanche network
• This dual-chain application provides an on-chain central limit order book (CLOB) with minimal transaction costs and supports spot trading pairs
• Using a combination of high-end cross-chain communication protocols, the Dexalot Subnet seeks to provide an optimized user experience for DeFi traders

The decentralized cryptocurrency exchange Dexalot has made a major breakthrough in the development of decentralized trading protocols by launching a Hybrid DeFi Subnet on the Avalanche network. This dual-chain application provides an on-chain central limit order book (CLOB) with minimal transaction costs and support for several spot trading pairs.

Using the Avalanche Fuji test network, the Dexalot team has spent months developing and fine-tuning its application to provide a seamless user experience. A crucial component of the Dexalot Subnet is the use of high-end cross-chain communication protocols during communication between the Mainnet and Subnet. This may lessen slippage in trade execution and allows DeFi customers to trade with confidence without giving up custody of their assets.

“By utilizing both the host chain and exchange chain, we have optimized Dexalot for speed, safety and above all, experience,“ says Co-Founder and CTO Cengiz Dincoglu. “We are looking forward to introducing DeFi traders to the Subnet on the Avalanche network, and to further differentiating our platform from other centralized and decentralized exchanges in the market.“

The Dexalot Subnet is designed to establish a base for expanding to other host chains to further DeFi mass adoption. Moreover, the creative Subnet implementation will serve as a base for the development of several ecosystem interoperabilities onto the Dexalot Subnet. These integrations will increase the number of options available to DeFi traders and will offer more opportunities for traders to maximize their profits.

Dexalot’s commitment to providing a superior user experience has been a major factor in its success. With the launch of its Hybrid DeFi Subnet, Dexalot is poised to become an even more influential player in the DeFi space. The team is confident that its innovative design and dedication to providing a secure and transparent trading environment will continue to make it a favorite for DeFi traders.

Crypto Space Heats Up: Cardano, Dogecoin, & Snowfall Protocol Lead the Way

• Cardano (ADA) has released Eopsin, a new type of smart contract written in Python, which is expected to make dApp development more resource-efficient and accessible.
• Robinhood is planning to add Dogecoin (DOGE) support soon, making the cryptocurrency more accessible to investors.
• Snowfall Protocol (SNW) has announced the release of its blockchain in February, allowing developers to build decentralized applications on the platform.

The cryptocurrency market is buzzing with activity in the early months of 2023. With new developments and announcements being made on a regular basis, the crypto world is constantly evolving and adapting. Three projects that have been gaining a great deal of attention lately are Cardano (ADA), Dogecoin (DOGE), and Snowfall Protocol (SNW).

Cardano (ADA) has recently made a major move in the crypto space with the launch of its new smart contract programming language, Eopsin. Eopsin is written in Python and is expected to make dApp development more resource-efficient and accessible. This move will open the doors for a new generation of developers to create dApps on the Cardano (ADA) blockchain. Additionally, the team behind Cardano (ADA) has plans to integrate with PyCardano, a lightweight Cardano (ADA) library written in Python, in order to further increase the accessibility of the blockchain for developers.

Robinhood, a popular trading platform, is also planning to add Dogecoin (DOGE) support in the near future. This will make the cryptocurrency more accessible to investors, and could even lead to a surge in its price. Dogecoin (DOGE) has already been gaining a lot of attention in the crypto space recently due to its low fees and fast transaction times.

Finally, Snowfall Protocol (SNW) has announced the release of its blockchain in February. The platform will enable developers to create decentralized applications on the blockchain, and will also be used to power a decentralized exchange. This is a big step forward for Snowfall Protocol (SNW), and is expected to attract more developers and projects to its ecosystem.

Overall, the crypto space is in a state of rapid growth and evolution. With projects such as Cardano (ADA), Dogecoin (DOGE), and Snowfall Protocol (SNW) leading the way, the future of the cryptocurrency market is looking brighter than ever.