DeFi Platform Hedgey Finance Suffers $44 Million Exploit

Recently, Hedgey Finance, a decentralized finance platform, suffered security breaches on two different blockchains, leading to losses of roughly $44.7 million. Specifically, on the Arbitrum network, attackers managed to steal around $42.8 million worth of ARB tokens. Cyvers, a business specializing in on-chain security, announced that some of the stolen funds have been moved to … Read more

IIT Bombay, BFI Forge Alliance to Transform Indian Healthcare

IIT Bombay and Blockchain for Impact (BFI) have joined forces to spearhead innovative projects and significantly reform India’s public health sector, addressing urgent healthcare concerns of the country. The healthcare system in India, with its massive population and complex public health concerns, is under growing pressure. This collaboration aims to tackle these challenges directly and … Read more

OpenAI Taps Pragya Misra as India Head of Government Relations

OpenAI, the company behind ChatGPT, hired their first employee in India at a crucial time. This new hire was appointed as the head of government relations just as India elected a new government. The role of this new appointee will be significant in shaping the regulations for artificial intelligence in the world’s second most populous … Read more

Telegram Enhances Blockchain Use with Tokenized Stickers and Emojis

At the Token2049 event in Dubai, Pavel Durov, the creator of Telegram, shared updates on the messaging app’s deeper involvement with The Open Network (TON). He unveiled Telegram’s intentions to enhance its platform with blockchain technology, introducing elements like tokenized custom stickers and emojis. Revenue Sharing and Tokenization Telegram is poised to transform the way … Read more

Binance Unveils Megadrop Early Access Rewards for Web3 Users

Binance, the cryptocurrency exchange, initiated a program offering early access and incentives, including quests and airdrops, specifically designed for web3 users. With just a few clicks, tap into the potential of your holdings using #Binance Megadrop! Explore carefully selected Web3 initiatives and join in early to receive new tokens that aren’t yet publicly available. Learn … Read more