Developers of Multichain, previously known as Anyswap have made an announcement that certain cross chain routes are not available due to uncertain reasons.

The burgeoning intersection between technology and creativity has ushered in a new era, the ‘creator economy.’ In this economy, independent creators, artists, and innovators are using digital platforms to monetize their talents directly. However, there’s a new tech wave on the horizon, one that promises to be even more transformative—Web3. 

It may sound a bit controversial but the new update introduces ability to backup your secret seed phrase into cloud. Called the Ledger Recover, it is an ID based key recovery service that will be made available to its users living in EU, UK, USA, Canada and they will require you to send a passport or a national identity card.

If you wish to earn money within a few hours or a day, you should not worry since there are several ways. One can find numerous opportunities to earn money offline and online.

Binance has just announced on their official twitter account that they would be leaving Canadian marketplace due to new stablecoin rules and investors limit provided to cryptocurrency exchanges operating on Canadian land.

Chase is quite popular in US, but tweets are coming in that it has been recently closing bank accounts of those users that send and receive funds from cryptocurrency exchanges.

Ethereum holder just lost all of his ETH to a phishing website after holding it for whopping 5 years. At time of writing of this article, the Ethereum amount is about $1.04 million. In the past five years, he did not interact with anything, not even decentralized exchanges like Uniswap. 

Vela is a derivative cryptocurrency exchange that recently came to light for not giving the user his profit. He started his ETH / USD Perpetual long x29.9 at $1431, but the exchange forcefully closed his long at $1999.99, which gave him a whopping 1543.11 percent profit. 

We have some more bad news about SushiSwap. Today, the SushiSwap’s RouterProcessor2 contract was hacked for about 1800 Ethereum which is about 3.3M dollars at current ETH’s price. The hacker exploited the approve related bug. 

Arbitrum Foundation has made it clear that the 10M ARM tokens that they sold recently were done to fund pre existing contracts and cover near-term operating costs. One such cost was to cover $3.5M setup costs. Since the DAO organization was established and intended to involve users, the traditional thinking of small team decision-making in companies should be changed. After all, web3 projects come from users and grow with the support of users.