Meme is both a success and a failure. CZ’s plan to use Memecoin to support BNB Chain may have been ruined by his own hands.

Disney is planning to reduce its workforce by approximately 6% across ABC News Group and Disney Entertainment Networks, a source familiar with the matter revealed on Tuesday. The decision comes as the company navigates shifting viewer habits and a declining traditional TV audience.

DeFi is the cornerstone of Web3, and the capacity changes of the entire DeFi system symbolize the changing popularity of the entire Crypto industry.

The market follows Trump’s tweets, and wherever the baton points, the market follows. Cryptocurrencies have lost their independence.

BTC, Viewpoint: Four Reasons Why the Bitcoin Bull Market Has Not Ended Golden Finance, A Letter to the Real Hodler.

A recent AI safety experiment took a disturbing turn when researchers inadvertently transformed OpenAI’s GPT-4o into a supervillain that admired Hitler and advocated for human extinction.

USDT, Stablecoin, The Dark Side of USD Stablecoin: The Truth and Lies of Tether Golden Finance, Did Tether Save the Crypto Industry?

Authorities are considering AI and blockchain to improve real-time monitoring of international halal certification bodies, ensuring greater transparency and compliance.

As the crypto world is struggling with the rampant cases of scammer, Singapore is exploring the possibility of introducing caning as a punishment for scammers in certain cases, acknowledging the severe harm they inflict on victims.

Simply locking up assets does not enable the full implementation of the “security as a service” capabilities of the Babylon protocol.

According to Foresight News, OKLink's analysis of security incidents in February 2024 reveals that the total losses across the network amounted to approximately $103 million. Among these, phishing scams accounted for 11.76% of the losses, while REKT and RugPull events contributed to 7.33% and 5.34% of the losses, respectively. The remaining 75.57% of losses were attributed to other causes.

Outlier Ventures' accelerator program "Futureverse Base Camp Accelerator" announced the first seven selected companies. These companies were selected from 500 applications from around the world, including Intraverse, Lifelike Digital, MintPass, Nucanon, Plurality, REKT Interactive and Spark. It is reported that the accelerator program Covering business construction in product roadmap, community strategy, token design and economics, fundraising, etc. All selected projects aim to accelerate the development of the open Metaverse by building the Root Network, a decentralized blockchain optimized for the Metaverse. Selected teams will receive mentorship from industry leaders across multiple sectors including gaming, entertainment and artificial intelligence. (Nftgators)

According to CryptoPotato, Scam Sniffer reported that scammers stole $55 million worth of cryptocurrency in January and set up more than 11,000 phishing websites. Most of these thefts occurred on the Ethereum mainnet, with Arbitrum, BNB, Optimism, and Polygon closely behind. The surge in phishing attacks coincided with heightened activity within crypto communities following a series of airdrops in the previous month. These scams, often occurring alongside airdrops and other project activities, impacted around 40,000 individuals. Fraudsters created phishing websites in January, impersonating various projects such as Manta Network, Frame, SatoshiVM, AltLayer, Dymension, zkSync, Pyth, OpenSea, Optimism, Blast, and others. The top seven victims lost $17 million in total due to phishing signatures such as ERC20 Permit, Create2, increaseAllowance, and Swap. Hackers commonly exploited the ERC-20 Permit function, tricking users into unknowingly transferring funds from their non-custodial wallets under the guise of legitimate operations. Throughout 2023, scammers and hackers executed numerous cyberattacks and rug pulls, resulting in the theft of $1.9 billion worth of cryptocurrency. De.Fi’s REKT database documented at least 455 incidents in 2023, with the largest hack amounting to $231 million, attributed to Multichain. Cybersecurity experts and white hat hackers recovered approximately $200 million from the overall sum. Ethereum led in the frequency of hacks, contributing to over 70% of the stolen funds in five out of twelve months in 2023. The most detrimental vulnerability was Access Control, accounting for half of all stolen funds, whereby hackers’ or insiders’ unauthorized access to hot wallets led to significant losses, averaging $31 million per incident.

Ethereum has been identified as the blockchain most affected by cryptocurrency scams over the past year. The analysis, which leveraged data from the REKT database, highlighted the vulnerability of various blockchains to scams, with Ethereum experiencing significant losses. Despite efforts to recover stolen funds, Ethereum’s total adjusted losses have soared, amounting to £576.6 million, even... source: https://www.cryptopolitan.com/ethereum-blockchains-impacted-crypto-scams/