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Crypto Weekly Digest: LEGO Website Hacked by Crypto Scammers, Caroline Ellison to Compensate FTX Losses, and Justin Sun to Lead Self-Proclaimed State

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MINE.exchange has collected for you the latest web3 news from the past week that you might have missed

– Hackers breached the LEGO website, displaying a banner featuring gold coins and an announcement about the launch of “Lego Coin.” The link led users to an external website, where they were offered fake “LEGO Tokens” based on Ethereum.

– Tether announced a documentary film dedicated to the USDT stablecoin and its role in combating inflation.

– The UN released a new report highlighting a sharp rise in cybercrime in Southeast Asia. In 2023, losses from cyber fraud ranged between $18 billion and $37 billion.

– Revolut managed to secure $13.5 million in cryptocurrency, preventing losses from fraud thanks to enhanced security measures implemented over the past three months.

– After Hurricane “Helen” hit Florida in September, misinformation supported by deepfakes created using artificial intelligence spread widely on social media.

– Former Alameda Research CEO Caroline Ellison agreed to transfer nearly all her assets to the bankrupt crypto exchange FTX as part of a settlement.

– SEC Chairman Gary Gensler expressed doubts that cryptocurrencies like Bitcoin will become widely used as a payment method, suggesting they will more likely remain a store of value.

– Tron founder Justin Sun was appointed as the Prime Minister of the unrecognized microstate of Liberland, located between Croatia and Serbia.

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