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Binance scores Ronaldo
Binance comes up big, another $100 million hack, and Solana announces a new phone.
Despite the recent downturn in cryptocurrencies, the worlds largest exchange is still making moves to expand. Binance has partnered with one of the most iconic athletes of all time, Cristiano Ronaldo.
Proud to be partnering with @binance
Together we’ll give you the opportunity to own an iconic piece of sports history.
I’m excited to take this journey with all of you. Let’s change the NFT game with #Binance.
— Cristiano Ronaldo (@Cristiano)
Jun 23, 2022
The new partnership plans to revolutionize the next era of NFTs and digital collectibles. BNB token rallied over 6% on Thursday, bringing the total market cap back above $38 billion.
$100 million Harmony hack
Reported yesterday evening, the Harmony Horizon Bridge was hacked for $100 million. Check here to see the hackers transactions.
1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.
More 🧵
— Harmony 💙 (@harmonyprotocol)
Jun 23, 2022
This year continues to bring some of the largest hacks in crypto. Currently the team is looking for answers and trying to track down the hacker while in talks with the authorities.
Harmony's ONE token fell to a year low on the news bringing it below $.025. Unfortunately, this hasn't been the first time hackers we're able to make off with 9 figures of crypto, earlier this year the Ronin Bridge was hacked for over $600 million.
Solana Mobile Stack?
The Solana Foundation announced the release of a new mobile phone. They're looking to make a seamless experience for mobile crypto users.
2/
Solana
Mobile
StackIt’s the toolkit you need to build beautiful, seamless web3 mobile experiences, coming first on Saga, a flagship device from @Solanamobile.
Pre-order at SolanaMobile.com
— Solana (@solana)
Jun 23, 2022
Currently, the only way to take full advantage of web3 is through desktop browsers, but SolanaMobile looks to change that. They plan to integrate the following:
4/ Solana Mobile Stack includes…
✅ Seed Vault built into the secure hardware
✅ Easy, platform-wide transaction signing
✅ @solanapay for Android
✅ Decentralized dApp store
✅ and much more— Solana (@solana)
Jun 23, 2022
A new phone release is not something we hear often in todays age. Solana has grown a loyal users base over the past years, but will they be able to get users to buy a physical device?
Some people think that hardware wallets, mobile phones, and the IoT will be the next step for cryptocurrency mainstream adoption.
Disclaimer:Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.