Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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security news
- bug bounty and security service forum immunity published a new report which found that, in the fourth quarter of 2022, crypto and decentralized finance (DeFi) ecosystem reached $1.62 billion in total losses, representing 41% of total losses in 2022 in Q4 alone. This is a 119.2% increase over Q4 2021 when hackers and fraudsters stole $739 million. Overall, the crypto and DeFi ecosystem sees a loss of $3.95 billion in 2022, which is a 51.2% decrease compared to the $8 billion loss in 2021.
career news
- crypto-focused bank Silvergate Capital The company has cut 40 percent or about 200 employees out of its total employees. Told In a filing on Thursday. “In response to this recent turmoil in the digital asset industry and the corresponding impact on the Company’s balance sheet, the Company is taking a number of steps to help ensure that its business remains resilient, including readjusting its expense base to do is included. […] The headcount reduction will enable the company to continue providing a tailored customer experience while prudently managing expenses in a more challenging macro environment.
- bitdaoA decentralized autonomous organization (dao), announced that Arjun Krishna will serve as the head of the Kalsi ecosystem covera modular Ethereum (ETH) Layer-2 (L2) blockchains are designed for hyperscalability. He previously served as the head of business development and growth polygon He will now be responsible for managing and growing the Mental ecosystem and related partnerships and operations, including guiding users across Web3, building the BitDAO and Mental community, and attracting developers and entrepreneurs, an announcement said. .
- SecurityDeveloper of institutional-grade, blockchain-based financial and regulatory technology, announced that Nadine Chakar will join the company and assume the role of Chief Executive Officer effective January 9. Most recently, he served as Executive Vice President and Head State Street Digital,
legal news
- Five individuals and three companies linked to an investment scheme were summoned coindeal was charged by US Securities and Exchange Commission ,seconds, “We allege that Defendants falsely claimed access to valuable blockchain technology and that the impending sale of the technology would generate investment returns of more than 500,000 times for investors. As alleged in our complaint, in fact it was only There was an elaborate scheme where the defendants enriched themselves by defrauding thousands of retail investors.” Told Daniel Gregus, director of the SEC’s Chicago regional office.
investment news
- blockchain gaming firm Animoca Brands aims to raise $1 billion metaverse Investing the fund this year instead of the previously suggested $1 billion-$2 billion. Chairman Yat Siu said, “Initially we looked at the target of $1 billion, whether it will increase or decrease, we do not know yet.” Told In a Twitter Space discussion. “Given the market conditions, it could be less.”
wallet news
- Art lovers can now buy curated digital artwork from the comfort of their homes LG Art Lab on lg smart tv blade walletThe hedera network wallet, Told an announcement. The team cooperated with the enterprise web3 solution provider Blade Labs To introduce this option, while LG Electronics LG Art Lab is committed to offering authentic digital artwork exclusively through established art sources from around the world.
health News
- close protocola Layer 1 Proof-of-Stake network, Told It joined forces with London-based mental health startup rod To provide mental health support for members and employees of its Web3 ecosystem. The partnership, launched in early December, is designed to nurture the mental well-being of the wider NEAR ecosystem, said a press release. In the coming week, NEAR members and staff will be invited to express their interest in being involved with the spill to receive complimentary mental health support.
web3 news
- Solana Foundationnon-profit organization dedicated to the development of Solana (SOL) The network said it is bringing back its podcast with a new name and focus, called ‘Validated’. The weekly show is hosted by Solana Foundation Head of Communications Austin Federa, who will discuss key questions about the world of Web3 – including nft, DeFi, decentralized governance, PlayAnd more — with guest experts.
nft news
- MintAn NFT marketplace and minting platform, has entered into a strategic partnership with moonpayA Web3 infrastructure company, to accelerate global adoption of NFTs as digital assets immutable x ecosystem, said in a press release. “The partnership between Mintable and Moonpay aims to accelerate mainstream NFT adoption through the development of digital and onboarding solutions on Mintable,” it said.
- DeFi Trading Platform trader joe will expand Geopegs NFT Marketplace and on decentralized exchange bnb chain, said in a press release. BNB Chain users will be able to participate in the launch of the new NFT collection using the Geopegs NFT Marketplace as well as trading tokens using the Liquidity AMM Book.
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