DeFI News by Thebittimes.Com

The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server.  On March 25, blockchain-focused security firm CetriK revealed the possibility of a phishing link being circulated via the Arbitrum Discord server. It is suspected that a hacked Discord account of one of Arbitrum's developers was used to share a fake announcement with a phishing link. #CertiKSkynetAlert We are seeing reports that a phishing link has been posted in the @arbitrum Discord Server. Do not click on any links until the team has confirmed they’ve regained control of the server.# Phishing #Discord Stay vigilant! pic.twitter.com/XoqHmOXGeV — CertiK Alert (@CertiKAlert) March 25, 2023 The phishing message on Discord offered “the opportu...

Bitfarms has an initial period of 180 calendar days to have its shares trading above $1 for at least 10 days before June 12, 2023. The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter. Bitfarms received a warning notification from Nasdaq on Dec. 13 because the company’s share price has stayed below $1 for 30 consecutive working days. Announcing the news on Dec. 14, Bitfarms said that it has an initial period of 180 calendar days to regain compliance with the requirements from Nasdaq. In order to regain compliance, Bitfarms’ shares should close at $1 per share for a minimum period of 10 consecutive days at any time before June 12, 2023. In such an event the Nasdaq staff will provide a written notification to Bitfarms that it has achieved compliance, the announcement notes. The 180-day period is not the final limit, however. Bitfarms noted that it will have a chance to extend the compliance pe...