After last month’s collapse of the Terra ecosystem, TRON has announced plans to overcollateralize the USDD stablecoin, which was at first a near carbon copy of Terra’s algorithmic stablecoin UST.
Yuga Labs has confirmed the Bored Ape Yacht Club (BAYC) Discord server was hacked over the weekend, with the attacker taking 200 ETH, over $360,000, worth of non-fungible tokens (NFTs).
A report published by the Federal Trade Commission has revealed that more than 46,000 people say they have lost over $1 billion in cryptocurrency scams since the start of 2021. Last year, losses were nearly 60 times what they were in 2018.
Top stories in the Crypto Roundup today:
- TRON Moves to Overcollateralize USDD Stablecoin
- Yuga Labs Discord Hack Leads to 200 ETH Worth of NFTs Being Stolen
- Crypto Scams Cost Over $1 Billion Since 2021: FTC