Safeheron Fortnite Dispatch｜JAN 29 '23

01/30/2023

Security Incidents

U.S. Department of Justice disrupts Hive ransomware variant, thwarting over $130 million in ransom demands.
Azuki's "official tweet hack" cost users about $780,000, and a user's address was stolen for 751,000 USDC.
Kevin Rose who is the founder of Moonbirds was hacked for 25 Chromie Squiggles, an Autoglyph, and other NFT’s totalling $1.5 million.
Yield Robot is an exit scam project with users losing $2.1 million.
FTX Creditors Include Apple, Netflix and Coinbase, Court Documents Reveal.

Fireblocks enlists crypto protection firm Coincover for third-party key recovery service.
Ex-UK chancellor Hammond chairs crypto firm Copper and says Copper closes new funding round at $2 Billion valuation.
The worldwide cryptocurrency hardware wallet industry is estimated to reach $3.6 billion by 2031.
Bernstein analysts shared that Institutional services' opportunity is expected to grow to $30 billion by 2033.
In Wake of FTX, New York reminds crypto firms to segregate customer funds.

Derivatives Body ISDA Hopes New Digital-Asset Norms Will Prevent FTX-Style Losses.
Microsoft announced the third phase of the long-term partnership with OpenAI through a multiyear with multibillion-dollar investment to accelerate AI breakthroughs.
Nike’s Web3 Platform .SWOOSH will reward creators for virtual sneaker designs.
BlackRock, Apollo among creditors lent $500 million to Core Scientific.

Vitalik Buterin posted “An incomplete guide to stealth addresses” to address the ethereum privacy protection problem.
DappRadar report concluded that NFT sales topped 101 million in 2022.
Binance’s 2022 end-of-year report showed that more than $500 million was invested to support Web3 and blockchain innovation.
Azuki is partnering with Bilibili International to explore Web3 innovations in anime & media content.
The World Economic Forum published a toolkit for development of DAOs and acknowledged that DAOs have the potential to address the shortcomings of traditional firms.
Charles Hoskinson, the co-founder of the Cardano blockchain is considering buying crypto news service CoinDesk to revamp it into a mix of a news and community site.

US securities regulator probes Wall Street over crypto custody.
State senator pushes bill to make Bitcoin legal tender in Arizona.
U.S. House of Representatives subcommittee on digital assets, financial technology and inclusion will have stablecoin legislation, crypto regulation power from SEC and CFTC be of top priorities.
The New York State Assembly has received a bill that will legalize state agencies to accept cryptocurrency as a means of payment for fines, taxes, fees, civil penalties, and other state-related dues.
SEC brought 30 crypto enforcement actions in 2022 in a report by Cornerstone Research.

DNB imposes administrative fine on Coinbase Europe Limited for providing crypto services without the legally required registration until 22 September 2022.
French senators vote to ease crypto licensing regulation.
Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges.
Eurozone Finance Ministers Issue Statement on Introduction of Digital Euro, Will Discuss Potential Impact of Digital Currency at Political Level.

Minister of Finance (India) will present the Union Budget 2023 on February and Indian crypto community asks for reduction in tax.
Crypto association in Turkey vows to block exchanges that ‘victimize traders’.
Thailand SEC issues rules on the management of digital wallets for custody of digital assets and keys.
UAE’s Minister of State for Foreign Trade hinted at the inclusion of cryptocurrency in the nation’s trade partnerships and policies in 2023.
Russia and Iran explore launch of joint cryptocurrency backed by gold

Last updated 1 year ago