This Exchange got hit, TWICE... 🎯

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This Exchange got hit, TWICE... 🎯

Joe Rogan, that podcast guy with 190 Million listens per month, gave a shoutout to crypto.

Hey Readers,

Did you know that a recent discovery revealed that Satoshi may have used a Russian Proxy when writing the Bitcoin codebase?


Also, did the most popular podcaster just gave a shoutout to the crypto-browser Brave? Looks like he did.


Today's Newsletter will focus on another data breach on CoinCheck, an interest rate cut by Coinbase, and a popular Dapp chain hopping.


Enjoy the next 2 minutes and 15 seconds!

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Blockchain has the potential to reinvent the gaming industry in a way that we will see a new class of games

Ever since the inception of Cryptokitties in 2017, a multitude of game projects have harnessed the openness and decentralized nature of blockchain such as smart contract based games, non-fungible tokens, and multiverses.


Fast forward today in 2020, while blockchain gaming is making in-roads, game developers and entrepreneurs still face many problems and issues.


Some of these common challenges include scalability, tokenomics, community building, and marketing.


CoinGecko will be hosting 3 innovators in this space to share their thoughts on the industry, their challenges, their lessons learnt, and the future of blockchain games.


Register for the event now

Coincheck Suffers Data Breach After Domain Account Error


CoinCheck said that an unknown third party gained access to an account it held with domain registration service Onamae.com.


"[the hackers] fraudulently sent some emails from our customers during the period from May 31 to June 1, 2020," an incidence notice from Onomae.com reads.

How the hackers were allowed to gain access to Coincheck's domain account is currently being investigated by the registration firm, Coincheck said.


CoinCheck has also fallen victim to possibly the largest crypto hack in history in 2018.


CoinDesk

Coinbase cuts rewards on USDC stablecoin holdings by nearly 90%


Until now, Coinbase users earned 1.25% annual percentage yield (APY) on their USDC funds.


That reward has now been cut to just 0.15% APY, effective today.


Coinbase did not specify the rationale behind the move.


Decrypt

The most popular Steem dapp just migrated to Hive


Splinterlands, the most-popular dapp on Steem (STEEM), has moved over to rival blockchain Hive (HIVE).


Hive is the rebelious fork of Steem, created as an escape after Justin Sun took over Steem's main social network, Steemit.


Incidentally, Dlive - who broke out of Steem 2 years before, has rejoined Steem under the Tron Ecosystem.


Decrypt

Fiat-Pegged Cryptocurrency


Certain cryptocurrencies are pegged to an underlying asset. One example would be the USD Coin (USDC), which is a stablecoin by Coinbase. A USDC token is issued for every $1 kept in Coinbases' reserve.


A pegged cryptocurrency can be pegged to any asset and then issued on a blockchain. As long as the cryptocurrency can be redeemed for the underlying asset, it can be considered as a pegged cryptocurrency.


Learn more terms with the CoinGecko Glossary

Read more on CoinGecko

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