The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
    27 May 2023

    The executive appears to have now recovered his account. Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used Madrid’s account to promote a fake…

    ECB sums up digital euro prototyping exercise as it nears possible pilot launch
    27 May 2023

    The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets. The European Central Bank (ECB) has published a summary of the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated offline use of a simulated digital…

    Memecoins: From memes to multibillion-dollar pumps, scams and rug pulls
    27 May 2023

    Memecoins have come a long way from the early days of being joke cryptocurrencies. Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin in 2013, inspired by an internet meme and a critique of the wild crypto market at the time. Dogecoin was developed by software developers Billy Markus and Jackson…