• Shark Tank star Kevin O’Leary’s Twitter account was hacked on Thursday and used to promote a crypto scam. • The now-deleted tweet claimed to give away 5,000 BTC and 15,000 ETH, instructing users to first send their own digital assets to verify their wallet addresses. • Crypto giveaway scams are one of the most prevalent types of scams in the industry, often impersonating well-known figures such as Elon Musk, Michael Saylor, and CZ. On Thursday, Kevin O’Leary, the famed investor and star of the ABC reality show Shark Tank, experienced the unfortunate reality of being hacked. O’Leary’s Twitter account, which has over 982,000 followers, was taken over by malicious…

• Galaxy Digital, a financial services firm led by Michael Novogratz, has invested $100 million to prevent Argo Bitcoin Miner’s bankruptcy. • As part of the deal, Galaxy will provide Argo with a new asset-backed loan of $35 million and purchase its Helios Bitcoin mining facility. • Argo will use the proceeds from the sale and loan to repay existing debts of $84 million and $1 million. Galaxy Digital, a financial services firm led by Michael Novogratz, has announced an investment of $100 million in an effort to prevent the bankruptcy of Argo Bitcoin Miner. The move comes as part of a restructuring effort to help the firm remain financially…

• The Republic of Palau is working with blockchain company Ripple Labs to explore the prospect of developing a “national stablecoin”. • The current XRP/USD pair is trading at $0.3560 with a small bearish bias and is struggling under the $0.3715 level. • Investors looking for alternative cryptos with better short-term prospects can consider presales of FightOut (FGHT). The Republic of Palau is actively exploring the possibility of developing a “national stablecoin” with blockchain company Ripple Labs. This news has exerted bearish pressure on XRP, causing its price to fall. The XRP/USD pair is currently trading at $0.3560 with a small bearish bias. The XRP/USD has been struggling under the…

Bulletpoints: • US asset manager Fidelity has filed three trademark applications in the US related to the metaverse, NFTs, virtual real estate, crypto trading, and metaverse investment services. • Decentralized finance protocol Defrost Finance has said it will soon start the process of refunding assets to the rightful owners prior to the attack. • Crypto mining company Argo Blockchain has asked for a suspension of trading for its ADSs and unsecured notes traded on the Nasdaq Global Select Market, and Striga has announced crypto on-ramp and off-ramp application programming interfaces (APIs). US asset manager Fidelity has recently filed three trademark applications in the US related to the metaverse, non-fungible tokens…