The TON Foundation assured users that all crypto transactions would be processed and no assets would be lost due to the brief block production disruption. Source link
Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims. Source link
Sony debuts Soneium Minato testnet, Web3 developer incubator
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms. Source link
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY. Source link
Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed. Source link
Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks. Source link
Gavin Wood’s biggest hope: Free crypto transactions and Web3 tech worldwide
We need to “divorce Ethereum from Ether” to onboard the 6 billion Web2 users, Wood told Cointelegraph during an exclusive. Source link
Blockchain database firm SxT Labs raises $20M in Series A round
Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round. Source link
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022. Source link
SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others. Source link