Author: CryptoHoppers

According to blockchain security company SlowMist, OKX DEX, a decentralized exchange aggregator platform, lost cryptocurrency valued at over $400,000. An attacker was able to transfer tokens that users had not allowed by compromising the management privileges of a market maker contract, according to the explanation for the vulnerability. On the OKX DEX aggregator platform, a deprecated proxy contract was the subject of a recent vulnerability that allowed a hacker to obtain administration access to the contract without authorization. OKX DEX: Deprecated Contract Raises Concerns When a protocol stops actively using a contract to carry out user transactions, it is considered…

This year, the emerging sector of gaming within the blockchain, popularly known as GameFi, has faced a significant downturn, primarily attributed to a noticeable dearth of interest and traction among enthusiasts. Reports indicate that the initial enthusiasm surrounding GameFi has waned throughout the year, leading to a less-than-rosy outlook for the industry. Despite these apparent challenges and a somewhat subdued current state, recent findings in a comprehensive report shed light on a more optimistic future for GameFi. Released on December 11, an analysis conducted by Fortune Business Insights predicts a substantial resurgence and growth in the global blockchain gaming market…

Data has always been the central concern since the early days of the Internet. Prolific problems associated with data accessibility, accuracy, management, and security have greatly intensified when the Internet transitions to its decentralized version – Web3. Say you want to query something like, “Polygon wallets with a balance greater than $10,000.” To get this information, you would need to navigate several blockchain explorers, understand data structures, and decipher technical jargon. Even if it works, there is no guarantee the resulting data will be usable or reliable. What if it’s not working at all? As you can imagine, Web3 data…

Embracing the Digital Renaissance: Christie’s NFT Auction Triumph Christie’s Next Wave, a pioneering event in the digital art auction space, concluded with impressive results, selling 15 out of 24 showcased artworks for a total of 104.639 ETH, approximately $230,000 USD. This event marks a significant moment in the blending of traditional art auction formats with the burgeoning world of NFTs and digital art. Top Performers: A Showcase of Digital Mastery The auction featured a diverse array of digital artworks, with “The Thought of You” by Ryan Koopmans leading the sales at 20 ETH. Other notable sales included Elman Mansimov’s “alignDRAW,…

Amid an “increasing” demand from developers that need high-quality API data directly on the blockchain, South Korean crypto exchange Pluto will launch their own Chainlink node in order to make the platform’s trading data and market insights accessible to smart contract developers. The feature will also help the platform overcome the “blockchain oracle problem,” which hinders the smart contracts powering Dapps to natively connect with external APIs such as Pluto. In order to “overcome this issue,” Pluto will use Chainlink “to bridge the gap between on-chain applications and the platform’s off-chain API data.” The firm expects to provide data such…

A Peek into the Future of NFT Gaming with Pudgy World December 11, 2023, marked a significant milestone in the NFT gaming world with the announcement of “Pudgy World,” an open-world game on the Ethereum blockchain, leveraging zkSync’s technology. This revelation occurred at the renowned Art Basel Miami, where attendees got a glimpse of the future of NFT-based gaming. The game is an offering from the creators of Pudgy Penguins NFTs, a prominent name in the NFT space, and extends access to Pudgy Toys owners. Pudgy World Alpha, powered by @zksync, releasing Q1 of 2024. The beginning of a new…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Polygon is down -4.99% today against the US DollarPolygon is currently trading 15.56% below our prediction on Dec 16, 2023Polygon gained 5.50% in the last month and is down -6.17% since 1 year agoPolygon price$ 0.858369Polygon prediction $ 1.02 (18.83%)Sentiment NeutralFear & Greed index 74 (Greed)Key support levels$ 0.893177,…

In the blockchain industry, the concept of tokenizing traditional stocks is gaining momentum. One such case is the potential tokenization of Coinbase’s COIN stock on Ethereum (ETH) and Coinbase’s own layer-2 network, BASE.According to industry watcher Adriano Feria, this idea could reshape how we access and trade financial assets globally.Opening Doors with Global LiquidityThe primary argument for tokenizing COIN on platforms like Ethereum and BASE centers around the vast global liquidity these blockchains offer. Tokenizing stocks such as COIN would essentially open them up to a worldwide market, far beyond the traditional confines of national stock exchanges. This move could…

Blending Art and Basketball Amidst Art Basel’s Fervor As Art Basel Miami, one of the most prestigious art events in the world, unfolds this December, a unique and culturally significant event will be taking center stage. Scheduled for December 9th, the Artists’ Charity Auction is set to merge the adrenaline-pumping world of basketball with the expressive realm of art. This event, coinciding with Art Basel, is not just a celebration of creativity but also a testament to the power of community and philanthropy. Gmmm!! Excited to announce a little something I’ve been working on… Art Director with @THR33Sbball Because the…

Analysts are bullish on Bitcoin’s chance of rally and are suggesting that the king coin may have begun a rally and could hit $50,000 in weeks. A Bitcoin analyst has said that Bitcoin (BTC) is already displaying signs of an early bull market, while another predicts $50,000 this month. This means that BTC could end the year considerably higher than its current price of $43,573, according to CoinMarketCap. Bitcoin has gained more than 13% in the past week, continuing its bull rally. According to analyst Alistar Milne, the bear market BTC faced is the” worst” that Bitcoin has ever seen…