Blockchain & Crypto

Gala Games claims the breach resulted in over $25 million loss and is demanding $27.7 million from pNetwork in damages to compensate for the entire debacle.

Gustavo Scarpa, Mayke Rocha de Oliveira, and Willian Bigode who lost over $5 million are said to have been victims of a pyramid scheme.

Anurag Arjun, has exited Polygon to develop a layer 1 blockchain, Avail. The new network will operate without Polygon’s ecosystem.

Srinivasan believes that the ongoing crises will bring about the deflation of the American dollar, and hyperinflation will occur that will boost BTC value to $1 million.

Johan Van Overtveldt stated that cryptocurrencies are speculative poison with no economic or social added value. 

The wallet will be non-custodial, so Microsoft will have no access to passwords or recovery keys due to the feature.