Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’

Multicoin Capital Exec Says There 'May Not Be a Crypto Bear Market at All,' Claims 'Bitcoin Will Get Flipped'While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even be “a bear market at all.” […]

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Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised

vulcanVulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets. Vulcan is now dealing with […]

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Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens

ascendexAscendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse these funds to any affected user. Peckshield, a […]

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Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’

Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster 'Groundbreaking ZK Rollup Tech'On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the […]

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Top 5 Metaverse Coins Built On Ethereum

Ethereum remains the most popular platform for dApps and Metaverse coins. As the pioneer in smart contracts and DeFi, Ethereum’s blockchain hosts some of the most prominent players in the Metaverse. This article looks at the top 5 Metaverse coins built on Ethereum’s blockchain, ordered by market cap, lowest to highest. 5. Alien Worlds (TLM) – $227 million Alien Worlds features a decentralized Metaverse connected to Ethereum, WAX, and Binance Smart Chain. It’s currently one of the most popular blockchain-based NFT games on the market, reaching over 200k users last month. Alien Worlds allows players to lease spacecraft and send

The post Top 5 Metaverse Coins Built On Ethereum appeared first on The Merkle News.

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Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits

Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for SubredditsThe popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First Step Towards a Different Future for Online Communities’ At the end of July, Reddit announced that the […]

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