Author: M T

KyberSwap Attacker Drains Funds Using «Infinite Money Glitch»

A sophisticated hack has drained millions of dollars from the decentralized finance (DeFi) platform KyberSwap. The attacker exploited a smart contract bug that allowed them to generate an infinite amount of cryptocurrency.The attack was first reported on social media by Ambient exchange founder Doug Colkitt, who labeled the exploit an «infinite money glitch.» The glitch […]
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Telegram Wallet Avoids Self-Custody to Ease Crypto Onboarding

In the dynamic world of cryptocurrency, accessibility is key. While the realm of self-custodial wallets has gained popularity for its security features, it often presents a steep learning curve for newcomers. In this quest for accessibility, Telegram Wallet has made a strategic move, opting for a custodial solution over self-custody, aiming to make crypto more […]
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The Power of Altcoin. Why?

An Altcoin is an alternative cryptocurrency to the traditional and most popular ones, i.e. Bitcoin, Litecoin and Ethereum. Altcoins are currently on the rise since they do not have the risks associated with cryptocurrencies. Transacting with these alternative currencies is faster, less volatile, offering a higher level of stability in comparison to Bitcoin. In addition, […]
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DApps or Decentralized Applications

DApps or decentralized applications are tools or apps that are not managed by any company and where users interact without intermediaries among them, through a blockchain generally. This makes them very popular and increasingly used. It is expected that it will multiply by 4 in 2026. Find out what DApps are and learn about the […]
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Abu Dhabi focuses its efforts on becoming the encryption hub of the Middle East

Abu Dhabi, the capital of the United Arab Emirates, is focusing its efforts to attract cryptocurrency-focused businesses as itseeks to become the leading cryptocurrency hub in the Middle East. In an interview with Blockworks, the Chairman of Abu Dhabi’s Economic Development Department, Shorafa Al Hammadi, said that the Abu Dhabi government had set a deadline […]
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  • 7 de enero de 2022

Defi Platforms

A DeFi tool or platform is a computer programme that provides a smart contract with which we can have access to a service or financial product. This contract is generated on a blockchain chain. iIn this way, we will not need the supervision, authorization or refusal by a central entity such as a company. A […]
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Banks believe that the future of Cryptocurrencies is in the Metaverse

The big brands in the banking and financial sector worldwide pay close attention to the development of the Metaverse. These digital worlds could be key, in their vision, for cryptocurrencies to find their definitive place in society. One of the most important banks in the United States and the world, Goldman Sachs, expressed a few […]
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Solana. An alternative to Etherum?

Decentralized applications (DApps) are one of the most important use cases of blockchain technology. We have seen how DApps have evolved massively in recent years and become the basis of DeFi. Blockchains like Ethereum are not prepared to support a large quantity of transactions, congesting the network. Solana (SOL) is a blockchain designed exclusively for […]
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