Spot gold fell 1% to $4524.84 per ounce
The spot gold price fell 1% within the day, now reporting at $4524.84 per ounce.
The spot gold price fell 1% within the day, now reporting at $4524.84 per ounce.
According to blockchain analyst "b-block", a website that imitates Uniswap steals user funds through Google false advertising, and the scammers hold assets exceeding $400000. Etherscan data shows that the two tagged addresses hold approximately 146 ETH worth around $306000. Stacy Muur, founder of Web3 marketing agency Green Dots, criticized Google for ignoring the issue of false advertising. The SEAL report shows a significant increase in Google phishing activities in March, with $127 million stolen between March 13th and 30th alone, and over 356 malicious ad links blocked. Malwarebytes pointed out that Facebook is also a high-risk area for false advertising.
[South Africa Plans to Establish Rules for Cross-Border Crypto Asset Transactions] According to IOL, the South African Treasury and the South African Reserve Bank plan to establish rules for cross-border crypto asset transactions, extending the public comment deadline for the draft 'Capital Flow Management Regulations' to June 30, 2026. Both parties clarified that the proposed rules will not criminalize the holding of crypto assets and will not be applied retroactively. A draft handbook for the cross-border crypto asset framework will be released subsequently.
According to Bits.media, Italian energy company Alps Blockchain has partnered with Bolivian company Qurubiqa to launch Bitcoin mining at a 127 MW natural gas thermal power plant in Cochabamba province. At present, the mining site consumes about 27 megawatts of electricity with a computing power of 1.23 EH/s. It is planned to increase energy consumption to 45 megawatts by the end of the year. The mining equipment directly uses the power plant to generate electricity and is not connected to the public power grid. The project is settled in US dollars due to the Bolivian currency crisis and shortage of US dollars.
According to official sources, Abu Dhabi based International Holding Company (IHC) announced that it has completed a transaction worth $30 million (110 million dirhams) using stablecoins supported by the UAE dirham. This is the first time that the stablecoin has been applied by large institutions, and transactions are executed through the Layer-2 blockchain ADI Chain developed by the ADI Foundation. DDSC stablecoin was created in collaboration with IHC, First Abu Dhabi Bank, and Sirius International Holding, and has been approved by the UAE Central Bank. The CEO of IHC stated that this transaction demonstrates the vitality and resilience of the UAE's digital infrastructure.
[Oobit Freezes $100,000 EURR in StablR Exploit Incident] According to a post by Tether-backed mobile wallet Oobit on platform X, after on-chain investigator ZachXBT revealed that two of StablR's smart contracts (EURR and USDR) suffered an exploit amounting to approximately $13.5 million, the related funds attempted to exit through Oobit. Its compliance team identified the suspicious activity and successfully froze $100,000 worth of EURR funds, while also shutting down the exit channel. Oobit stated that the incident did not affect user funds, the system was not breached, and they are cooperating with StablR and investigators to address the issue. Earlier reports indicated that StablR was hacked, resulting in a loss of approximately $2.8 million, with both EURR and USDR losing their pegs.