Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
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Crypto scams fall 65% after gullible noobs exit the market: Chainalysis
Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips. 585 Total views 11 Total shares Fewer people have fallen victim to cryptocurrency scams in 2022 so far due to falling asset prices and the exit of inexperienced…

US Copyright Office reports ‘urgent need’ for protection from deepfakes
The Office is calling for the creation of a new law to deal with digital replicas.

Shanghai Gov’t Partners With 6 Banks on Blockchain Alliance for Trade
The municipal Shanghai government has joined forces with financial institutions to create an alliance to foster the use of blockchain for global trade. The Global Times reported on Nov. 7 that during the China International Import Expo earlier today, the Shanghai Municipal Commission of Commerce, Shanghai Customs and representatives from six bank branches — including the…

Bitcoin payments exec shares adoption challenges in the Philippines
Pouch founder Ethan Rose said that they've managed to convince 400 businesses to accept Bitcoin in the Philippines. 145 Total views 1 Total shares As many developments within the space show how far the Bitcoin (BTC) community has come, an executive from a BTC payment provider shared how in other parts of the world, adoption…

Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com. 4549 Total views 10 Total shares Chinese sports lottery service 500.com has acquired a major Bitcoin (BTC) mining pool, BTC.com.500.com has entered into a share exchange agreement with Blockchain Alliance Technologies Holding Company in the Cayman Islands,…

CoinFlex CEO says withdrawals unlikely to resume on Thursday
CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals. 64 Total views 11 Total shares Crypto exchange CoinFlex is “unlikely” to resume withdrawals on Thursday, June 30 as it had originally hoped, according to its CEO Mark Lamb, as the company continues to search for…

Sweeping layoffs, hiring and firing as crypto prices take a massive downturn
Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for everyone though, as thousands are suddenly experiencing thewoes of sudden unemployment.Words of encouragement and sympathy also poured out across Twitter and LinkedIn consoling individuals released from their responsibilities. Some expressed frustration,…

WEF 2022: Metaverse should be developed from children’s perspective, says LEGO VP
Lego Group VP believes metaverse will be a disruptive force that would change the way people learn things, especially children. 261 Total views 5 Total shares Metaverse and Web3 dominated the discussions on the fifth day of the ongoing World Economic Forum (WEF).A panel discussion on “The Possibilities of the Metaverse” was joined by High…