The announcement seemed to come as a relief to many in the Ingress community, with commenters remarking on the "scammy" nature of NFTs. Some wrote that they liked the idea, but that the web3 factor felt like it was "shoehorned" in. "I'll miss the Trading Post, please never bring NFTs or in fact any blockchain into future projects, or if you do at the very very least make it actually matter to the thing it's being put into, but still preferably just don't," said one.
Niantic shutters its web3 project after less than six months
- Trading Post shutdown announcement on Ingress discussion forums
GDAC exchange hacked for assets notionally worth more than $14 million
GDAC halted deposits and withdrawals shortly after the attack, and stated that they had reported the exploit to South Korean law enforcement to investigate.
Terraport Finance hacked for $2 million less than two weeks after launch
Terraport Finance launched on March 31, apparently having gone live without any sort of audit. On April 10, Terraport disclosed that an attacker had apparently managed to drain all project liquidity pools, making off with assets priced at around $2 million.
Trader loses 14,377 $APE (~$61,000) when they sell their Bored Ape
0xSifu loses more than $2.7 million to SushiSwap hack
Today, Sifu himself was the victim of a theft as a bug in the SushiSwap decentralized exchange allowed a hacker to make off with around 1,800 ETH (more than $3.3 million) belonging to him. According to SushiSwap leader Jared Grey, around 300 ETH (~$557,000) of Sifu's funds were subsequently recovered.
Analysts have found that almost 200 addresses on the Ethereum network have approved the vulnerable contract, and around 2,000 addresses approved the vulnerable contract on Arbitrum, Polygon, and other chains. It's not yet clear how much was stolen in total. SushiSwap leader Grey urged users via Twitter to revoke approval for the vulnerable smart contract.
Bitcoin mining firm sues business partner after they allegedly lose $500,000 in Bitcoin to fraudster
The lawsuit also alleges that Gryphon has " dutifully collected its exorbitant Management Fee while shirking its duties under the MSA and delivering abhorrent management services" and "skimm[ed] off the top (i.e., st[ole]) from Sphere's assets".
dYdX exchange announces it will shut down Canadian operations
Canada has become more strict on cryptocurrency exchanges in recent months, particularly following the collapse of FTX.
Someone steals the Bored Ape belonging to former NFL star Dez Bryant
The Bored Ape would likely fetch somewhere around $125,000 if resold. The other three NFTs would likely resell for somewhere around $8,700. Together with around $3,400 in stolen tokens, Bryant's total loss is around $139,000.
After some observers spotted the suspicious-looking transactions, Bryant confirmed on Twitter: "Yes my ape was stolen and I don't know how this is crazy".
- dez.eth on Etherscan
- Tweet by Dez Bryant
Gemholic raises 921 ETH (~$1.7 million) in a token sale only to realize funds are stuck
.transfer()— a common function used with Ethereum projects that is not supported by zkSync.
The zkSync project evidently came to the rescue of Gemholic, announcing that they would change the protocol in a new release to add support for Solidity functions such as
.transfer(), which will ultimately free Gemoholic's locked funds.
Binance closes its derivatives arm in Australia
Binance will continue to operate its spot exchange product in Australia, but customers will no longer be able to trade derivatives on the platform after April 21.