The Shib News Recap: Friday

Bitget Wallet: The Ideal Choice to Manage Your NFT Collection

Vietnam Takes on Urban Congestion with AI Traffic Solutions That Could Be the Key to Solving Global City Congestion

Ho Chi Minh City is using AI to control traffic lights at key intersections to improve traffic flow and reduce congestion. The city is also testing Digital Twin technology to monitor real-time conditions and plans to expand these systems to more areas.

Polymarket in Hot Water: Singapore Bars Access for Unlicensed Gambling Concerns as US and France Crack Down

Singapore has blocked Polymarket, labelling it an unlicensed gambling platform under its strict betting laws. The platform also faces regulatory scrutiny in the US and France, putting its global future in question.

Mango Markets Meets its Demise, to End Operations Following SEC Settlement, DAO Conflicts, and Cyber Attacks

Mango Markets, a Solana-based DEX, is shutting down after an SEC settlement, governance disputes, and legal issues from a 2022 exploit. Users are urged to close positions as the platform winds down to preserve remaining assets.

JPMorgan CEO Calls Bitcoin 'Useless' and Says It's 'Used Heavily by Sex Traffickers, Money Launderers, Ransomware'

Jamie Dimon, CEO of JPMorgan, reiterated his skepticism about Bitcoin, calling it "useless" and without intrinsic value, while highlighting its use in illegal activities. Despite Bitcoin's rise in popularity, Dimon remains unconvinced of its legitimacy and long-term value in the financial landscape.

Litecoin Wins Fight Against Hacker, Reclaims Control of Compromised Account Promoting Fake SOL Token—Will Cyber Attacks Intensify in 2025?

Litecoin’s X account was hacked to promote a fake Solana-based token using the LTC ticker, following a similar attack on Foresight Ventures. Hackers are increasingly using phishing emails disguised as X communications to steal user credentials. Will cyber attacks escalate in 2025?

Indian Man Arrested for $11 Million Crypto Scam Using WhatsApp, Authorities Still Searching for Funds

A 47-year-old man, Kurrimela Ramesh Goud, was arrested in India for defrauding investors of over Rs. 95 crores ($11 million) through a fake cryptocurrency platform. Authorities are investigating the large-scale scam and expect more victims to come forward.

Over 7 Million OpenSea User Emails Now Exposed After Vendor Leak in 2022: Are You Affected?

Over 7 million OpenSea user emails have been fully exposed after a data leak from the marketplace’s automation vendor in mid-2022, giving scammers new opportunities for phishing. Is your email at risk?

Messari Cuts 15% of Jobs as Crypto Research Firm Focuses on Core Product Growth, Joining Ongoing Tech Layoff Trend in 2025

Messari has laid off 15% of its full-time staff as part of a restructuring to focus on its core products amid ongoing challenges in the crypto industry. This follows a broader trend of workforce reductions across major tech and crypto firms in response to uncertain market conditions.

Crypto Firm Wolf Capital’s Co-Founder Faces Justice, Pleads Guilty to Defrauding Investors of $9.4 Million

Travis Ford, 35, CEO and co-founder of Wolf Capital, pleaded guilty to conspiracy to commit wire fraud. He faces up to five years in prison, with sentencing pending.