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Blockchain technology has been used to pilot Brazil's digital real. Execution took place on the Stellar infrastructure of the local Mercado Bitcoin exchange.
The experiment included a KYC procedure, a fraud protection check using decentralized identity identification, and direct fund transfers.
All worked well, no violations of the country's laws were detected (thankfully, the tests had not yet been banned), though Mercado's head teased that the Central Bank's real motive was to see how things would unfold if it lost its direct control over money. 
Rose lost 40 rare NFTs worth over $1.1 million in a phishing attack.
Kevin personally reported the hack on Twitter and asked his followers to avoid buying any Autoglyph and Chromie Squiggles.
PROOF Vice President of Engineering Arran Schlosberg detailed the fraudulent scheme. According to him, "the technical aspect of the hack was limited to crafting signatures accepted by OpenSea's marketplace contract." They immediately used theft prevention tool Revoke Cash, but it was too late.
PROOF stressed that users' assets were not affected, since the vast majority of assets require multiple approvals for access. 
