Half of stolen NFTs are sold within 3 hours: Nifty Newsletter, June 28–July 4
Swiss bank Credit Suisse has partnered with the Swiss Football Association to release NFTs in support of women’s soccer in the country.
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Autor Cointelegraph By Ezra Reguerra
Crypto developer commits $2M rug pull fraud to fuel gambling addiction
A Redditor described the developer’s gambling addiction excuse as a “weird way to rug,” as projects usually just run away and delete all the evidence.
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Crypto hacks and exploits snatch over $300M in Q2 2023: Report
While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum, with 55 incidents netting hackers over $65 million.
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UAE free zone teams up with HBAR Foundation to support Web3 startups
The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development.
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Chinese city of Jinan accepts CBDC payments for bus rides
The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network.
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