Hackers Steal $31M from Gaming Platform PlayDapp
According to cybersecurity firm PeckShield and reported by Crypto Alerts, an unidentified individual made $31 million worth of PLA tokens through a hack on the PlayDapp gaming blockchain platform.
MicroStrategy Shares Plans to Become a Bitcoin Developer
According to its founder Michael Saylor, MicroStrategy strives to position itself as a developer of Bitcoin and related products.
Do Kwon’s Extradition to US is Revoked Again
The extradition of Do Kwon, co-founder of Terraform Labs, has been revoked for a second time by the Montenegro Court of Appeals.
Frax Finance Deploys Fraxtal L2 Blockchain
Frax Finance, a DeFi project, has successfully implemented its own secondary network on the Ethereum platform, called Fraxtal. This network is currently available to a limited number of “launch partners.”
Poland City Launches a Stablecoin for Local Businesses
The city of Minsk Mazowiecki in Poland, which has a population of 37.5 thousand people, has launched its own stablecoin called MinsCoin.
Hong Kong Exploring Possibility of Issuing a Stablecoin Pegged to the Yuan
The Hong Kong Chamber of Commerce has suggested creating a stablecoin that would be backed by the Chinese yuan, which would benefit companies engaging with mainland China and other Asian nations.
Crypto Investors’ Average Profit in 2023 Exceeded $800
In 2023, the average gain for individuals who hold digital assets was $887.6, whereas the previous year saw an average loss of $7,102.
