Entries by Avinandan Banerjee

OpenSea has frozen $2.2M worth robbed Bored Apes

Leading marketplace for Non-Fungible Token fans, OpenSea has frozen 16 Bored Ape and Mutant Ape NFTs right after they were stolen from the hot wallet of a New York art gallery operator, Todd Kramer. The digital collectibles were stolen from the account named ‘toddkramer.eth’ that is linked to the Ross+Kramer Art Gallery in New York….

Polygon Resolves Bug That Risked $24B of MATIC Tokens

Working as a powerful decentralized layer two scaling channel running on Ethereum, Polygon recently saved a whopping $24B worth of MATIC tokens from a malicious bug hack. The glitch occurred at the time of the upgrade posing a serious risk for the network as well as the network users. Interestingly, the Polygon team was successful…

Coinone will cease withdrawals to unverified external wallets

Leading cryptocurrency exchange hailing from South Korea Coinone has announced that the platform will not support withdrawals of crypto tokens to unverified external wallets from January 2022. In this regard, the Coinone team has opened a window starting from December 30 and stretching through January 23 to facilitate the registration of external wallets by users….

What Is Aave? How To Buy Aave (AAVE)?

Want to know how to buy Aave? Don’t worry; we’ve got you. In this article, we will explore everything. Keep reading.    Aave is now considered one of the most popular Defi cryptocurrencies. The main reason behind its popularity is — the exceptional technology that comes along with it.    Basically, Aave is a cryptocurrency…

Ferrari partners Velas hinting at an upcoming NFT

  Ferrari, the globally-acclaimed luxury sports car manufacturing firm from Italy is gearing up to take the crypto industry on a sweep with its latest collaboration with Velas Network, a Swiss blockchain company. In an official announcement, Ferrari revealed news about its multi-year partnership arrangement with Velas focused primarily on the creation of ‘digital content’…

MMA fighter Kevin Lee on signing Eagle FC & receiving salary in BTC

The striking growth in the market value of cryptocurrencies has pushed its popularity exponentially amongst investors. Firms and retail traders are running towards crypto leaving the traditional financial tools behind to fetch juicy returns on their funds. Recently, professional mixed martial arts fighter, Kevin Lee stated that he collaborated with the Russian firm ‘Eagle Fighting…

Difference Disclosed: ERC20 Vs. ERC721

Ethereum tokens gained popularity in 2016 and 2017 as Initial Coin Offerings or ICOs began to use them to represent ownership or value. However, the main aim of deploying Ethereum tokens was to represent in-game assets in 2017, such as in the popular game CryptoKitties.   One of the most prominent aspects of tokens is their…