MINE.exchange has gathered the latest Web3 news from the past week that you might have missed.
– Crypto exchange Bybit has launched the Recovery Bounty Program, offering up to 10% of the recovered amount as a reward to those who help investigate the largest hack of a centralized exchange (CEX).
– AI-generated videos depicting historical scenes are gaining popularity on TikTok. However, experts warn that these clips often contain errors and may distort historical events.
– The U.S. SEC plans to lay off the directors of ten regional offices as part of a government spending reduction program.
– Former FTX CEO Sam Bankman-Fried (SBF) returned to social media platform X for the first time in two years, stating that he had not checked his email for “several hundred days” and expressing sympathy for government employees.
– Eric Trump, son of U.S. President Donald Trump, advised investors to buy Bitcoin during price dips. In his X post, he replaced the letter “B” in the word “Buy” with the BTC ticker, hinting at profitable moments for acquiring cryptocurrency.
– Scammers are sending fake Binance SMS messages, tricking users into transferring funds to fraudulent wallets under the pretext of protecting them from Lazarus hackers.
– The massive Bybit exchange hack was enabled by the compromise of a Safe (Wallet) developer’s credentials. Experts from Sygnia and Verichains discovered that Lazarus Group hackers injected malicious JavaScript code into the AWS S3 cloud infrastructure, allowing them to gain access to the platform’s contract addresses.
– The U.S. Department of Justice has launched an investigation into the LIBRA crypto project and its possible connection to Argentine President Javier Milei. The project’s founders, including Argentine entrepreneurs and foreign investors, are also under scrutiny.
– The U.S. SEC has stated that memecoins are not securities, as they do not grant investors rights to profits or company assets.
MINE.exchange – Everything is changing for the better!
