Circle Launches USDC on Base and Optimism, MetaMask Scammers Target Government Sites, Stake Recovers from $41M Hack
Summary:
Stablecoin issuer Circle launches USDC on Base and Optimism networks, MetaMask scammers exploit government websites to target crypto investors, and crypto casino Stake resumes services after $41 million hack.
Circle Launches USDC on Base and Optimism Networks
Stablecoin issuer Circle has officially deployed its native USD Coin (USDC) on the Base and Optimism networks, providing more funding options and use cases for USDC holders. In a September 5 announcement, Circle stated that users of both networks can now utilize USDC directly without relying on bridged versions of the stablecoin. Circle also mentioned its collaboration with ecosystem partners to ensure a smooth transition from bridged versions to the native USDC.
MetaMask Scammers Exploit Government Websites to Target Crypto Investors
Scammers targeting MetaMask users have taken control of official government websites in India, Nigeria, Egypt, Colombia, Brazil, Vietnam, and other jurisdictions. These scammers redirect unsuspecting users to fake MetaMask websites, soliciting access to their crypto wallets. Cointelegraph's investigation has revealed various government-owned websites being exploited for these scams. MetaMask has been made aware of the situation and recognizes the increased attractiveness of the Web3 ecosystem for scammers.
Crypto Casino Stake Resumes Services After $41 Million Hack
Stake, a crypto betting platform, has resumed its services and reopened deposits and withdrawals just five hours after falling victim to a hack amounting to an estimated $41.3 million, according to blockchain security firms. The attacked targeted Stake's hot wallets on Ethereum and Binance Smart Chain, resulting in a total loss of approximately $41.35 million. Stake confirmed that all services were restored on September 4 at 9:28 pm UTC.
Published At
9/5/2023 6:15:07 PM
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