Scammers Use Google Ads to Promote Phishing Site – Report
According to a report by BleepingComputer, scammers are advertising fraudulent crypto websites using Google’s Ads platform. Google seems to be endorsing a malevolent cryptocurrency website that redirects users to a cloned fraudulent website, which exploits users’ cryptocurrency using Google Ads, an online advertising platform that allows companies to display advertisements on Google’s search engine results […]
Hedgey Finance Loses $44 Million to Exploit
Token infrastructure platform Hedgey Finance has experienced two concurrent Defi exploit, resulting in the loss of funds totaling $44.7 million. A breach on the Arbitrum network affecting Hedgey compromised more than $42.8 million worth of Arbitrum (ARB) tokens, according to an April 19 X post by on-chain security firm Cyvers. An adversary has reportedly transferred […]
Hollywood Giants Launch Web3 Game Publisher
Former Disney boss, in partnership with Marvel and Star Wars, has formed a consortium to establish a web3 games publisher in the United Arab Emirates. The recently established enterprise, known as “Galactic Entertainment Publishing,” functions as the primary division of the parent organization, Galactic Group. PlanetQuest, the company’s inaugural undertaking, has been under construction since […]
Flincap CMO is Optimistic About Nigeria’s Crypto Situation
The chief marketing officer of the Flincap cryptocurrency exchange is optimistic despite the Nigerian cryptocurrency sector being at risk due to recent governmental raids. Oladotun Wilfred Akangbe voiced apprehensions in an interview with Cointelegraph regarding the repercussions of these events on Nigeria’s standing in the global cryptocurrency market. Nevertheless, he observed that Nigeria has previously […]
Tether Announces New Divisions Asides Stablecoins
Tether, the operator of the largest stablecoin by market value, is reorganizing to establish new divisions outside stablecoin development. According to an official announcement on April 18, the stablecoin behemoth has introduced four new business divisions into its framework: Tether Data, Tether Finance, Tether Power, and Tether Edu. Tether intends to expand its mission by […]