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The Twitter account of one of the leading news channels in India – News24 – became a victim of a recent cryptocurrency scheme. Hackers breached their security to post phishing links of a fake XRP drop, urging people to click and potentially get conned. Crypto scammers have previously compromised the Twitter account of India’s Prime Minister – Narendra Modi – and the profiles of the Indian Medical Association (IMA), the Indian Council of World Affairs (ICWA), and Mann Deshi Mahila Bank.

AI-powered project steals $1M from consumers. A project that is claiming to be a "AI-based" decentralized application has taken almost one million dollars from its users... Taiwan FSC to regulate crypto According to the president of the authority, the Financial Supervisory Commission of Taiwan (FSC) will take over as the principal...

An unknown Ethereum address has transferred almost 25 trillion Shiba Inu tokens worth over $250 million from a top crypto exchange to a self-custody wallet, according to on-chain data reported by crypto analytics firm Santiment. The SHIB tokens were moved from an Ethereum address categorized by Etherscan as belonging to US crypto exchange Crypto.com to a new wallet.

Bitcoin has had one of its best weeks in history, with a closing increase of 35.8%. Bitcoin’s monthly average transaction count has hit 309.5k per day — the highest level since April 2021, according to on-chain analytics firm Glassnode. Despite the high price performance, the proportion of ‘hot coins’ is still close to cycle lows — indicating that most owners of older coins are not motivated to take profits.

Decentralized finance (DeFi) analytics platform DefiLlama has resolved an internal conflict that threatened to result in a “forking” of the platform. The issue was first raised by developer 0xngmi, who claimed on Twitter on March 19 that DefiLlama was “undergoing a hostile takeover” due to the launch of a token called “LLAMA” without employee approval or support.

Nicolas Maduro, Venezuela’s president, has decided to restructure and reorient the National Superintendency of Crypto Assets. The decree was issued in March of this year. The reorganization of the crypto asset department will be headed by the new board, led by Anabel Pereira Fernandez, a lawyer who has served as president of the Fondo de Garantia de Depositos y Proteccion Bancarai (FOGADE). FOGADE is the Venezuelan equivalent of the United States Federal Deposit Insurance Corp.

ADA might be asleep, says a popular Cardano proponent, but Cardano is on fire, as total value (TVL) recently soared to new yearly highs. Cardano’s Total Value Locked (TVL) has soared to $122 million, after eight leading chains recorded around 50% upsurge in value, in the last 7 days. While the cryptocurrency market is still debating on whether or not Bitcoin is going to soar to $1 million, some other proponents have their gaze fixed on Cardano (ADA).

AI-powered project steals $1M from consumers. A project that is claiming to be a "AI-based" decentralized application has taken almost one million dollars from its users... Australian Bankers Association cost of living probe shows bank pressure The Australian Banking Association (ABA), which is the trade association for the Australian banking industry, has initiated a cost of...

In the past week, MakerDAO has experienced a drop in total value locked (TVL), the supply of DAI, and annualized fee income, signaling some potential trouble for one of the world’s largest stablecoin issuers. Additionally, MKR’s value decreased by 25% during the same timeframe. Despite DAI’s recent return to parity with the US dollar, there is growing uncertainty about whether it will remain pegged, causing a decline in MakerDAO’s TVL over the last seven days.