Bored Ape Kennel Club Logo Removed After IP Issues Raised

• Yuga Labs recently had to take down the logo for Bored Ape Kennel Club (BAKC) after intellectual property issues were raised by NFT artist COLOMBO. • The drawing was originally created by design firm Easy Drawing Guides and posted in April 2021, but no license or permission was secured from the original artist even […]

: Hacker Steals $3.6 Million in DeFi Attack on dForce Protocol

• dForce suffered a loss of over $3.6 million due to a reentrancy attack executed on the Arbitrum and Optimism chains. • The attack was due to a vulnerability in a smart contract function that allowed users to calculate oracle prices when connected to Curve Finance. • DeForce has paused all contracts to prevent additional […]

Silvergate Capital Investigated by US DOJ: Facing Possible Charges

• The United States Department of Justice (DoJ) has launched a probe into Silvergate Capital Corp. and its dealings with the bankrupt crypto firm FTX and its sister concern Alameda Research. • Federal prosecutors in the DoJ’s fraud section are conducting a criminal probe into the bank’s dealings, especially those with FTX and Alameda Research. […]