Friday, September 20, 2024
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Ending the week in green, Geckos! Attending any of the crypto conferences in Singapore? In today's news: Read on! | | 24h Hot Searches Worldwide ๐ฅ | | Crypto Sponsorships In Sports | | Soccer has been a primary target for crypto sponsorships since 2021. That year saw 9 new deals, followed by 10 in 2022, a sharp drop to just 3 in 2023, and a rebound to 10 in 2024.
How have other sports fared? | | | Apes for all ๐
Yuga Labs, creator of the Bored Ape Yacht Club, and partner studio Faraway have released Dookey Dash: Unclogged, a free-to-play game on iOS, Android, Mac, and PC.
In Dookey Dash: Unclogged, players compete to earn a spot in an end-of-season tournament with over $1 million in prizes. This release follows the success of the original NFT-gated version, where Fortnite esports player Kyle "Mongraal" Jackson won and sold a rare NFT prize for 3,333 ETH, or $1.63 million.
The free-to-play version maintains similar gameplay, where players navigate a sewer on a scooter while avoiding obstacles. A new "creator mode" lets players create and trade 2D or 3D avatars and other assets. Players can also win Golden Plunger NFTs, which grant entry into tournaments, with season one's leaderboard determining finalists.
| | | Learn about ZetaChain's Universal EVM, which can support omnichain dApps that span across any chain from Ethereum, Cosmos, and even Bitcoin. | | | Not your keys, not your crypto ๐
Singapore-based crypto exchange BingX experienced a security breach, leading to a loss of approximately $43 million in cryptocurrencies from its hot wallet. However, the exchange described the loss as "minor" and manageable.
PeckShield, a security audit firm, reported that the stolen funds were moved in multiple tranches. The hack was detected on September 20, when BingX's technical team noticed unusual network activity. In response, BingX implemented an emergency plan, halting withdrawals and transferring assets to cold wallets to prevent further damage.
The exchange has assured users that most of its assets are safe and announced plans to resume withdrawals within 24 hours, along with a compensation plan for affected users. | | | Pencils Protocol, Scroll's native gateway for yields and rewards, is backed by OKX Ventures and Animoca Brands. Achievements: No.1 dApp on Scroll, No.3 in Farm TVL with $300M+ locked. $DAPP token sale registration is open on Token Soft from Sep 4-18, sale runs Sep 18-22. | | | | What is Soneium? Learn about Sony's Layer 2 blockchain built on Optimism's OP Stack to bring web3 technologies to everyday life. | | | | | Here are the top trending coins for this week! | | | ๐ฆTell us what you think! We've just revamped our newsletter with a new and fresh format! Whether you're a long-time subscriber or just passing by, do let us know if you like the changes and what we can improve on! | | |
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