Trading
Hacks
MetaMask warns Apple users of ‘phishing attack’ after scammer steals $650K in NFTs, ApeCoin from iPhone user
MetaMask advised people with Apple devices to turn off iCloud storage after an iPhone user was scammed out of $650,000 worth of NFTs and ApeCoin.
Hacks
DeFi protocol Beanstalk loses $180M in exploit, hacker gains $80M
Beanstalk, a DeFi protocol, has confirmed that it was hacked of over $180 billion via a flash loan attack yesterday.
Culture
Cardano’s Charles Hoskinson offers to help build a decentralized Twitter
Members of the crypto community have derided Hoskinson’s offer saying that it could take as long as five years for him to complete the project.
NFTs
Emirates airline launches NFT as it flies into the Metaverse
Emirates airline has revealed that it is going to convert its pavilion at the Expo 2020 in Dubai into a Web3, NFTs, and Metaverse projects center.
DEX
Uniswap launches website integration in web3 domination bid
Uniswap's new "swap widget" will allow users to swap tokens directly on any website with the widget without having to visit the Uniswap platform.
Hacks
US claims North Korea’s ‘Lazarus Group’ responsible for Axie Infinity hack
Authorities in the US have blacklisted an Ethereum wallet containing over 100,000 units of the stolen funds.
Banking
Circle plans to apply for US Bank Charter soon, lauds the OCC for cooperation
Circle CEO Jeremy Allaire is hoping the firm's positive relationship with regulators will help its banking license application when it is finally filed.
Stablecoins
Tether plans to reduce commercial debt holdings in its reserve, goes live on Kusama
Tether has reiterated its plans to reduce its commercial debt paper holdings.
Regulation
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
India's payment system operator, revealed that it did not know that crypto exchanges were using its services for their operations.
Merge
Ethereum’s Merge will no longer happen in June, new date unknown
Tim Beiko has advised Ethereum miners to stop buying new mining equipments.
Analysis
75% of Bitcoin wallets are in profit despite bearish market
Glassnode data shows that 75% of Bitcoin wallets are in profit, compared to only 50% during the 2018 bear market.
Legal
Ex-Ethereum dev given 5 year sentence over helping North Korea evade sanctions
Virgil Griffith was warned against attending a crypto conference in North Korea but he refused to heed the warning.
