The cyber attack on PlayDapp resulted in the theft of $290 million worth of PLA tokens, highlighting vulnerabilities in decentralized gaming platforms. PlayDapp is actively collaborating with authorities to track the stolen tokens and implement measures to prevent further exploitation, while stakeholders grapple with the impact on user confidence and token value.
WeiliangWeb3Auth has integrated Farcaster into its SDKs, enabling users to authenticate via QR code scanning and granting self-custodial wallets for secure transactions. This integration prioritises user control over digital identities and lays the groundwork for future data read and write capabilities within the Farcaster protocol.
JoySingapore's blockchain sector seeks support from Budget 2024 for talent development and regulatory clarity. Stakeholders advocate for incentives to upskill developers and bolster sustainability initiatives while enhancing regulatory resourcing for digital asset businesses.
JoySphereOne and Rarible collaborate to streamline Web3 gaming and crypto payments, aiming to simplify deployment across multiple blockchains. Their partnership addresses conversion pipeline challenges and enhances accessibility for players.
MiyukiBitcoin surged to $52,079.00, hitting a two-year high driven by the success of U.S. spot bitcoin ETFs. Investor sentiment turned positive as the market cap crossed $1 trillion, with experts anticipating continued growth amidst increased demand and upcoming halving events.
JoyAllegations of cryptocurrency fraud involve South Korean celebrities and influencers linked to Winnerz, accused of running a coin scam. The controversy underscores the risks in crypto investments and emphasizes the importance of diligence and regulatory oversight.
WeatherlyTwo Ethereum traders have made significant gains using the looping strategy, accumulating nearly $120 million amidst rising crypto prices. This tactic involves leveraging lending protocols to increase exposure to Ether, with the traders opting for a conservative approach to mitigate risks.
MiyukiNorth Korea's cyber espionage targeted a South Korean president's aide's personal emails, revealing breaches in security protocols. The incident underscores the urgent need for enhanced cybersecurity measures and international cooperation to mitigate cyber threats.
JoyNaver and Kakao merge to create Project Dragon Token, a new cryptocurrency set to leverage their extensive user bases. Despite initial challenges, the merger aims to consolidate Asia's blockchain market and inject vitality into the domestic coin industry.
WeatherlyMicrosoft found hackers from Russia, China, and Iran using AI tools from OpenAI for spying. Microsoft then banned these groups from accessing its AI products, stressing the need for better cybersecurity.
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