TL;DR Magic Eden has expanded their multichain vision with Polygon integration. The Association of Tennis Professionals has announced the launch of NFTs. Australian Open has launched NFTs with free finals tickets. Polygon has released 32 digital footballs to commemorate the World Cup. The Home Depot has reportedly submitted an application for…

Decentralized finance — often called DeFi — refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain. From lending and borrowing platforms to stablecoins and tokenized BTC, the DeFi ecosystem has launched an expansive network of integrated protocols and…

TL;DR On November 23, 2022, the Numbers Protocol ($NUM token) on the Ethereum chain was attacked, resulting in the loss of approximately $13,836. Introduction to Numbers Protocol Numbers Protocol is the asset-driven, decentralized protocol that makes digital media traceable and verifiable via its ecosystem processes. Vulnerability Assessment The root cause of the vulnerability is because the NUM…

We can now announce that cover policies will be available for the Binance Exchange in our marketplace from Thursday 1st December. Binance is set to become the first project for which a dedicated cover pool is created.

TL;DR Neptune Mutual launched their Black Friday offer with a reduced cover fee, and options for 100% protocol fee cashback. Nike has launched a web3 platform to offer Polygon based NFTs. Johhnie Walker is set to issue redeemable NFTs. Oracle Red Bull Racing has established a historic partnership with Azuki. Cristiano…

The first cover creator in the Neptune Mutual marketplace has created a diversified cover pool called “Prime dApps,” a basket of cover products that provide parametric cover policies for some of the most popular DeFi dApps (decentralized Applications).

TL;DR On November 15, 2022, the Sheep Farm project was attacked by a hacker resulting in the loss of approximately 262 $BNB tokens worth $72,000. Introduction to Sheep Farm Sheep Farm is an investment blockchain game on the BNB chain. Vulnerability Assessment The root cause of the attack is a vulnerability in one of the SheepFarm contract’s…

TL;DR On November 12, 2022, over $477 million was reportedly stolen from FTX and FTX US in a suspected black hat theft, while approximately $175 million is believed to have been moved into secure storage by FTX. Introduction to FTX FTX is the cryptocurrency exchange, which filed for bankruptcy on November 11, 2022. Vulnerability Assessment The…

TL;DR Forbes announced a virtual Metaverse event in collaboration with the Sandbox. FIFA and Altered State Machine have collaborated on a metaverse based AI league game. Decentraland has inaugurated the second edition of Metaverse Music Festival. Line has announced the launch of its NFT marketplace There has never been a more…