Google Ads Reveals Shocking Data: Cybercriminals Steal $4 Million Through Sophisticated Crypto Phishing URLs
According to data gathered from Google Ads and blockchain analytics, it has come to light that a number of deceitful scammers have managed to steal more than $4 million from phishing websites related to cryptocurrency that were promoted on Google ads searches. Fishing Scam Reports According to ScamSniffer, a reputable anti-scam service provider in the Web3 community, there has been …
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FTX Agrees to Sell its Derivatives Platform LedgerX for $50M
Bankrupt crypto exchange FTX on Tuesday agreed to sell its crypto derivative platform LedgerX to an affiliate of Miami International Holdings INC at a whopping cost of $50M. John Ray, CEO of FTX said that this is their effort to maximize the recovery of their stakeholders by monetising their assets. Hearing on 4th of May The hearing for this matter …
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Saudi Arabia and Wemade Join Forces to Revolutionize the Gaming and Blockchain Industries
In an effort to expand the Saudi Arabian economy, the government agency MISA has partnered with Wemade, a well-known blockchain gaming platform provider from South Korea. The primary objective of this collaboration is to boost the growth and development of the gaming and blockchain industries in Saudi Arabia. The agreement, signed by Wemade’s CEO Kwon Jeong-won, and MISA’s CEO Ibrahim …
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TransUnion to Provide Credit Scoring on Public Blockchain Networks
TransUnion, one of the three major US credit reporting agencies, has announced that it will begin supplying credit scoring to public blockchain networks. This marks a significant step forward for the DeFi industry, which has traditionally struggled with credit scoring due to the difficulty of accessing off-chain credit data. Through a partnership with Spring Labs and Quadrata, TransUnion will deliver …
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Tesla’s Q1 2023 Report: Maintains $321 Million in Bitcoin Holdings, Achieves $2.5 Billion Net Profit
In Q1 2023, Tesla, a well-known automotive company under the ownership of Elon Musk, announced a net profit of $2.5 billion. Additionally, the company revealed that it had maintained its Bitcoin investments valued at $321 million during the same period. This news may come as a surprise to some, as Tesla had previously sold off some of its Bitcoin holdings …
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Coinbase to Face Court Battles with U.S SEC: CEO
Coinbase is ready to fight a legal battle with the Securities and Exchange Commission of the United States. CEO of Coinbase, Brian Armstrong told about this in an interview with CNBC on April 18th. Last month, the regulators sent Coinbase a Wells notice, which is often the last step before any charges are filed by the regulators. Armstrong said that …
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Coinbase Partners with UK to Boost Web3 Hub as Treasury Revives Blockchain Taskforce
Coinbase, a leading cryptocurrency exchange, has announced its collaboration with the UK government to establish a Web3 hub. Furthermore, the UK Treasury is reviving its blockchain taskforce, which was disbanded in 2018, to provide further support in this endeavor. The Web3 hub is expected to serve as a research and development center for decentralized technologies, including blockchain and cryptocurrencies. The …
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Sotheby’s Relaunches Digital Art Sale with Diverse Representation After Criticism
Sotheby’s auction house has announced the relaunch of its digital art sale, “Glitch: Beyond Binary,” which is set to open for bidding on April 19. The auction, which was previously paused due to criticism over a lack of diversity, is an effort to represent people from all walks of life. The rebooted sale comes after Sotheby’s received backlash for its …
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Ark Fi Launches Mobile App for Decentralized Finance
Ark Fi has introduced a Progressive Web App (PWA) to broaden access to its ecosystem of decentralized finance (DeFi) solutions. The Ark Fi mobile app will allow users to experience DeFi in a more engaging format, providing worldwide access to DeFi yield products and future utilities. The app was introduced after a successful launch of a full suite of DeFi …
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Balancer Slashes Operating Budget and Lays Off Front-End Engineers
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summy Morphe
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April 14, 2023
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Defi, News
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0 Comments
Balancer, a popular DeFi liquidity protocol, is making significant changes to its brand strategy, which has resulted in a reduction of its operating budget and the layoff of two front-end engineers. During a community call attended by over 20 people, Balancer’s OpCo announced its decision to focus on improving its user interface and marketing efforts. As part of its overhaul, …
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