Sony has launched the first public testnet for its Soneium blockchain, marking a significant entry into Web3. The initiative aims to boost ecosystem growth and adoption by leveraging Sony's global influence and expertise in entertainment, gaming, and consumer electronics.
X, owned by Elon Musk, saw a 53% revenue drop in Q2 2024, falling to $114 million. Despite this decline, the company aims for $190 million in Q3 revenue in the US, which is only a quarter of its revenue from the same period last year.
WazirX faces suspense after a $230M hack tied to a vulnerability in a multi-signature wallet used since Feb 2023. Collaborating with 500+ exchanges and regulators, they're working to recover funds, complicated by the Tornado Cash platform's involvement. Even the safest wallets can be compromised.
Phantom Wallet has disabled its cross-chain swap feature due to security vulnerabilities in Jumper Exchange and LI.FI contracts. Users are advised to revoke contract approvals immediately to avoid potential impacts.
x.com/phantom/status/1813215207017087424?t=_TIW85-CoL3VvT0J02u0Pw&s=19
Terra announced that the deadline for filing claims in the Chapter 11 bankruptcy cases of Terraform Labs Pte Ltd (TFL) & Terraform Labs Limited (TLL) is August 10, 2024, at 5:00 AM Beijing Time. Claims against TFL that arose before January 21, 2024, or July 1, 2024, must be submitted before this deadline.
x.com/terra_money/status/1812892320884269060?t=O3-JUrOLxmv15OCSnFEUFw&s=19
Elon Musk revealed he faced two assassination attempts in the past eight months. The incidents occurred near Tesla's Texas headquarters, about a 20-minute drive away, where the gunmen were apprehended, according to Foresight News.
Odaily reports that community users have experienced issues with the TON ecosystem game, Hamster Kombat. The Hamster Kombat team acknowledged the problems on the X platform & stated they are working diligently to resolve them promptly.
Justin Sun is considering acquiring Weibo, valued at $2 billion with $300 million annual profit and a P/E ratio of 6. He emphasized Weibo's large user base and growth potential, likening the move to a "low-cost version of Musk's attempt." Sun shared this plan on the X platform.
x.com/justinsuntron/status/1811767178850349330?t=VS_3XsKHFVaPVgQjiZjkRw&s=19
Elon Musk's AI company, xAI, will launch the Grok 2 model in August, as announced on the X platform. Further details about the model have not yet been disclosed.
@vitalik criticized current U.S. cryptocurrency regulations for pushing honest developers into a corner while allowing scammers to thrive. He called the situation an "anarchic tyranny"& proposed limiting leverage,requiring audits & controlling usage through knowledge tests to combat unproductive crypto activities.