- Mark Cuban lost nearly $900,000 in a crypto hack last week.
- Google is battling a “tsunami of fake malicious ads,” and it told DL News it’s like playing whack-a-mole.
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Happy Friday!
Adam Morgan here with some of the week’s biggest crypto stories.
If a market-savvy billionaire can get his crypto hacked, then what hope is there for the rest of us?
Aleks put that question to Google, well, kind of. Aleks asked the search giant what they are doing to battle a tsunami of fake malicious ads — one of which snagged and rugged Mark Cuban. Cuban, who lost almost $900,000 trying to log into what he says was a fake MetaMask site, blamed his web search.
Google says it’s playing whack-a-mole. The fight against fraudsters continues.
Elsewhere, the Federal Reserve paused rate hikes, with an outlook that shook risk assets. Read my take here on the crypto reaction.
Have a great weekend,
Adam Morgan
That’s all for this week, have a great weekend.
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