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Daily Crypto News | June 6th, 2022

1. StepN Again Faced DDOS Attacks. The popular move-to-earn gamefi StepN, which operating on Solana, was hit with 25 millions of distributed denial-of-service (DDoS) attacks this weekend. This is the 3rd occurrence in just months. According to their Twitter page, Stepn’s devs announce that they need 1-12 hours to retrieve this error. Hackers seem interested […]Continue Reading
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Daily Crypto News | June 5th, 2022

1. BAYC, OtherSide Discord groups have been attacked, over 145 $ETH stolen. Yuga Labs is the creator of Bore Ape Yacht Club (BAYC) and OtherSide, 2 of the most popular ape-themed NFTs. Recently, Yuga Labs has witnessed yet another orchestrated phishing attack with investors losing over 145 $ETH worths nearly $260,000 for now. The attack […]Continue Reading
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Daily Crypto News | June 2nd, 2022

1. Binance Labs Closes $500M Investment Fund. A new $500M Investment Fund has been raised by Binance Labs with support from leading global institutional investors. This Fund is to boost Blockchain, Web3, and Value-Building Technologies. The new fund will invest in projects that have the potentials in expanding cryptocurrency use cases and drive the adoption […]Continue Reading
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Daily Crypto News | June 1st, 2022

1. Australian Big-four Banks don’t Regret Offering Crypto Services. Excecutives of Australia and New Zealand Banking Group (ANZ) and National Australia Bank (NAB) said they’re pleased that they did not go ahead offering crypto trading products to retail customers. In March, ANZ became the first bank in Australia to mint the stable coin A$DC pegged […]Continue Reading
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Tether claims its stablecoin is now partially backed by non-U.S. government bonds

Tether publishes collateral audit report for USDT After the supply of USDT dropped by 9 billion dollars in just one week, the crypto community was extremely concerned about the transparency of the collateral for the ‘national’ stable coin USDT. In response to the community’s response, Tether has now released a collateral audit report for USDT. […]Continue Reading