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Film festivals are seeing a rise in blockchain and crypto-funded film projects and initiatives as Web3 technology continues to merge with the entertainment industry. Web3 technology continues to permeate various mainstream industries to innovate traditional systems. This includes traditional creative fields such as the music industry and, more recently, the film industry. This year, Slamdance Film Festival, an Oscar-certified film...

Hackers harvested up to $90 million worth of cryptocurrency from wallets using weak private keys during a six-year heist. Hackers called "blockchain Bandit" have finally awakened from their six-year hiatus and started to move their illicit profits. According to Chainalysis, about $90 million in cryptocurrency stolen from the attacker's long-running chain of "programmatic theft" since 2016 has moved in this...

An internal dispute on the privacy-focused secret network has resulted in at least one validator throwing in the towel. A key validator for a privacy smart contract layer 1 blockchain secret network has announced that it will no longer provide nodes and support for the network. On January 29th, the leading validator, Smart Stake, announced that it would be shutting...