Curious about what's been shaking up the crypto world today? Get up to speed with the latest highlights in the crypto space, covering Bitcoin, blockchain, DeFi, NFTs, Web3, and crypto regulations.

USDC Launches on Base and Optimism Networks

Circle, the stablecoin issuer, has just rolled out its USD Coin (USDC) on the Base and Optimism networks. This development expands the utility of $USDC , offering more funding options and use cases for USDC holders. Moreover, users on these networks can now utilize USDC directly without relying on bridged versions. Circle collaborates with ecosystem partners to facilitate the smooth transition from bridged versions to native ones. This integration comes just a week after Circle's CEO, Jeremy Allaire, announced the move.

MetaMask Scammers Target Government Websites

Crypto scammers are capitalizing on MetaMask users by using URLs of government-owned websites to deceive victims and gain access to their crypto wallets. This long-running scheme redirects unsuspecting users to counterfeit websites, posing as MetaMask, and solicits access to their wallets. Shockingly, this investigation found numerous government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam, and other places involved in this scam. MetaMask has been informed about this issue and knows that Web3's rapid growth has attracted scammers. Users are urged to exercise caution and use security measures.

Crypto Casino Stake Bounces Back After $41M Hack.

In a remarkable turn of events, crypto betting platform Stake has resumed its services, including deposits and withdrawals, just five hours after falling victim to a $41.3 million hack. Blockchain security firms estimate the losses to be around $41.35 million, impacting various crypto assets, including Ethereum, Polygon, and BNB Smart Chain. Stake acted swiftly to address the issue and return to providing its services, showcasing resilience in the face of adversity.

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Disclaimer: 

This article is only for info purposes & should not be considered investment advice. Cryptocurrencies are highly volatile, and investors should research and assess the risks before investing. 

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