January 2023

Metaverse-Focused Blockchain Lamina1 Promotes President to CEO

January 25, 2023

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Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post – Bitcoin News

January 25, 2023 boss

According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. An analysis of the situation on the blockchain shows that the token received fewer than $1,000 in purchases before Robinhood removed the tweet. Onchain Analysis Reveals Limited Impact of Scam Tweet Shared by Robinhood’s Twitter Account On Wednesday afternoon around 12:30 p.m. Eastern Time, Twitter users were discussing how Robinhood’s verified Twitter account, @Robinhoodapp, which carries…

Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24

January 25, 2023 boss

In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is tightening its rules on NFT listings, and don’t forget this week’s Nifty News, featuring the resurgence of former U.S. President Donald Trump’s NFTs. NFT sales topped 101 million in 2022: DappRadar report A report published by decentralized app tracker DappRadar…

Pedigree Unleashes Virtual Fostering in Decentraland to Find Real Dogs Homes

January 25, 2023

“Both the Pedigree brand and Pedigree Foundation have long histories of supporting animal shelters and promoting dog adoption, and this program enables people to support deserving dogs in a new way through virtual fostering,” said Jean-Paul Jansen, vice president of marketing for Mars Petcare North America, in a press release. Source

Kevin Rose Says NFT Wallet With Dozens of High-Value Collectibles Hacked

January 25, 2023

The PROOF CEO said 25 Squiggles, along with “a few other NFTs,” including an Autoglyph, were stolen from his wallet. Source

Irish Central Bank Chief Calls for Ban on Crypto Advertising: Bloomberg

January 25, 2023

Gabriel Makhlouf said crypto has “no social value whatsoever” during a parliamentary session in Ireland on Wednesday. Source

South Korean prosecutors request arrest warrant for Bithumb owner: Report

January 25, 2023

According to local news outlet Infomax, South Korean prosecutors requested an arrest warrant on Jan. 25 for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb. Kang is wanted on allegations of embezzlement related to his activities at the exchange. The same day, the Financial Investigation 2nd Division of the Seoul Southern District Prosecutor’s Office sentenced Kang and two Bithumb executives on charges of embezzlement and breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes. The executives were also charged with conducting fraudulent illegal transactions…

XRP staking scam | Blockchain News

January 25, 2023

The cryptocurrency community has raised flags about a new fraud targeting XRP (XRP) investors via a phoney staking scheme. Online fraudsters are mimicking big cryptocurrency organisations like Ripple and Binance by constructing phoney websites and email imposters promising to provide staking services for XRP. One of these websites has a blog post with the headline “XRP staking slated to debut January 2023 for retail customers,” in which users are invited to “stake” their XRP in exchange for returns on investment (ROI) that are implausibly high and range from 12 to…

US Needs ‘Rules of the Road’ for Crypto or Risk Falling Behind in Market Leadership

January 25, 2023

Linda Jeng of the Crypto Council for Innovation says the U.S. needs to establish clear crypto guidelines or it may run the risk of falling behind in innovation and market influence. Source

MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault

January 25, 2023 boss

In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance yield-generating account called a “vault.” The proposal, submitted on January 9, aims to look for a way MakerDAO could split its treasury allocations and earn yield. MakerDAO To Generate Yields From Yearn Finance Vault Following the approval of the MIP92 (Maker Improvement Proposal 92), MakerDAO plans to begin depositing $100 million…