Wisconsin Univeils Tracker to Fight Crypto Fraud, Investment Scams
The Wisconsin Department of Financial Institutions has introduced a scam tracker to shield investors from investing and cryptocurrency fraud. This tracker thoroughly describes dishonest practices based on consumer complaints to assist Wisconsinites in recognizing and avoiding fraudulent schemes, including cryptocurrency scams. More than $3.5 million in damages via financial grooming and cryptocurrency fraud—often referred to […]
India’s BWA Enhances Cybersecurity after WazirX Hack
India’s Bharat Web3 Association (BWA) is doubling its efforts to enhance cybersecurity and consumer protection in the crypto sector after the $230 million WazirX hack. According to local media, Dilip Chenoy, the chairman of the BWA, has established two new internal groups designed to investigate the most recent security breach and resolve these issues. Task […]
Icebreaker Raises $5m to Launch Blockchain Rival to LinkedIn
Icebreaker is an open-source professional network that has raised $5 million in seed capital, valuing the business at $21 million. With this fresh funding, the six-person company will be able to grow and create a blockchain-based LinkedIn substitute. According to a release on July 31, Coinfund headed the fund with donations from Accomplice, Anagram, and […]
Sky Mavis Co-founder Provides Breakdown for Ronin User Surge
Sky Mavis co-founder Jeffrey Zirlin breaks down the reasons for gaming-focused network Ronin’s surge, highlighting how Web3 gaming continues to flourish. The Ronin network recorded two million daily active users (DAU) on July 29. This propelled Ronin to the top of the day’s metrics, surpassing other active networks such as Tron and Solana, which had […]
Ondo Finance USDY Stablecoin Launches on Aptos Blockchain
The Aptos Foundation announced the introduction of Ondo Finance’s yield-bearing stablecoin, Ondo US Dollar Yield (USDY), on the Aptos blockchain. USDY, an instrument guaranteed by United States Treasurys, will be accessible to non-US residents via the Aptos blockchain, as per the Aptos Foundation. Digital asset registration under the Securities Act in the United States has […]