Blockchain security firm SlowMist is warning Terra (LUNA) owners about an ongoing phishing attack, which has already claimed $4,3 million from its victims. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Cybersecurity
📍Blockchain security firm SlowMist warns of Terra-related phishing. On Twitter, SlowMist has warned about an ongoing phishing attack targeting Terra (LUNA) users. According to the firm, a large number of users of this cryptocurrency have lost funds amounting to more than $4,3 million in the last week.
The attackers are using advertising links on Google, which appear when performing a search related to Terra (LUNA) or to projects within their ecosystem. Advertising links look normal, but they actually direct users to fake domains, where they are asked for their phrases seeds to supposedly connect their wallets.
SlowMist advises users to be cautious when clicking on any links in advertisements that appear on Google or on links to questionable sources.
Although the ads may look normal and display legitimate domain names, SlowMist warns that clicking on such ads changes the domain name, directing users to scam sites.
Bitcoin and Blockchain Adoption
📍Tesla has not sold its bitcoins. The electric car company has not sold its Bitcoin holdings (BTC), this was reported in the presentation of its report financial corresponding to the first quarter of this 2022. Although Elon Musk's company has not added new bitcoins to its balance sheet, it has not sold the rest of the cryptocurrencies, acquired early last year, worth $1.500 billion at the time.
In June 2021, Elon Musk reported that the company had sold 10% of its BTC holdings, as a way to confirm whether there was liquidity in the crypto market.
Metaverse and Play to Earn Games
📍Luxury conglomerate LVMH shows interest in Blockchain and the Metaverse. In its latest call to investors, the French luxury multinational LVMH mentioned the Metaverse, indicating that it is currently analyzing the potential of blockchain technology in games and virtual worlds.
Jean Jacques Guiony, LVMH's chief financial officer, said the multinational is analyzing the benefits of emerging technologies "very carefully." The conglomerate's CEO, Bernard Arnault, said In January, he told CNBC that the Metaverse could provide great trading opportunities for everyone, but that there are risks and potential “bubbles” to be wary of. In March of this year, LVMH launched a digital avatar, which it named as a brand ambassador for the Metaverse during the French Viva Technology fair.
Likewise, Louis Vuitton, one of the luxury brands associated with this conglomerate, is already experimenting with blockchain and NFTLouis Vuitton launched a digital game, where users can explore different virtual worlds and earn rewards in non-fungible tokens, including those from its recent and exclusive collection inspired by its avatar. Vivienne.
Innovation, Development and Technology
📍Andreessen Horowitz (a16z) invests in a decentralized identity project. Spruce has raised $34 million in its Series A funding round. Venture capital and investment firms such as Okta Ventures, Robot Ventures, OrangeDAO, and SCB 10X participated in the round, which was led by Andreessen Horowitz (a16z).
In a Press releaseThe startup said the funds will go toward expanding its ecosystem, which allows users to control their data across the web. Spruce noted the importance of decentralized identity as cryptocurrencies and digital economies become more popular globally.
Rules and Regulations
📍The UK FCA has appointed Victoria McLoughlin as interim head of its digital assets department. The UK Financial Conduct Authority, the FCA, has appointed Victoria McLoughlin, who has extensive experience in overseeing digital markets, as interim head of the regulator’s digital assets department.
In a publication On LinkedIn, McLoughlin said it was an “incredibly important time for the sector” to shape the future of financial services and digital markets. Earlier this month, the UK Treasury asked the Royal Mint to create an NFT. In addition, Chancellor of the Exchequer Richie Sunak said the country wants to create a crypto-friendly regulatory framework. The plan is to make stablecoins a valid form of money and turn the UK into a global hub for technological and digital innovation.
📍Bitcoin mining company BitRiver in Russia is sanctioned by the US government. The US Treasury Department has sanctioned crypto mining company BitRiver, which operates from Russia. According to the department, Anadio By adding the company to its sanctions list, BitRiver could be helping Russia monetize its natural resources to offset the impact of economic sanctions.
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