Uniswap warns users

The world's richest man is accused of "trashing" Twitter. Market Activity Total Market Cap 867.18B (-2.35%) 24 Hour Volume 564.96B (+19.96%) Notable Movers[(DCR) $25.48]( (+18.30%) Notable Movers (DeFi)[(SNX) $0.8877]( (+40.18%) Bitcoin Dominance 42,63%[(-0.21%)]( Bitcoin Price[(BTC) 19,364.36 (-2.84%)]( Ethereum Price[(ETH) $1,058.57 (-2.36%)]( Cardano Price[(ADA) $0,4165 (-4.37%)]( Editor's Note How to Explain to Your Friends That You Work in Crypto If you work in crypto, what’s your go-to answer when asked by a well-meaning family member or friends: “What do you do?” Do you try to disguise it by saying that you work in fintech? Do you start to proselytize about the future of money? Do you immediately start explaining the blockchain using the Island of Yap analogy? Do you use the phrase “only put in more than you are willing to lose?” What about “always do your own research?” Do you make an unsubstantiated prediction about when Bitcoin will go back up? I usually do some combination of all of the above. Because even in 2022, explaining that you work in cryptocurrency can be quite hard. Yes, Bitcoin has become much more mainstream since the days of mining it in your basement, but it’s still an industry that carries some sort of stigma among parts of the general population. There aren’t many jobs where you may feel like you have to apologize for what you do to strangers, or immediately begin defending either your industry as a whole (or the fact that NFTs of monkeys sell for millions of dollars.) It’s not like a middle school teacher has to say at parties: “Yes, I teach 10-year-olds. I’m sorry that crowds of students can be noisy in public and that textbooks are expensive, but I love what I do.” Even as the bear market has slowed down or paused hiring, the overall trend of people working in crypto seems to be on the uptick. Last month, a report published by LinkedIn showed a 395% increase in crypto jobs postings in the U.S. from 2020 to 2021. In that same time, tech jobs saw just a 98% increase. All of this is to say — there may be more and more people out there having to explain their jobs to the rest of you. It’s time for you all to both prepare better questions and better answers for what working in crypto really is. Or, you could go with CZ’s easy answer that he tweeted yesterday: “What do you do? Magic internet money.” Today’s Top Stories Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [Today’s Top Stories ] sues Elon Musk]( 🚨 Twitter has sued Elon Musk in an attempt to force him to buy the social network. The company's accusing him of refusing to honor his obligations because the $44 billion deal "no longer serves his personal interests." Lawyers also allege that Musk thinks he's "free to change his mind, trash the company, disrupt its operations, destroy shareholder value, and walk away." Twitter also argues the real reason Musk wants out of the deal isn't because of spam accounts or fake users. Instead, it's all down to the stock market's correction. Awkwardly, some of Musk's own tweets have been submitted into evidence. It's going to be a case full of drama, with some claiming it could be one of the biggest legal fights in Wall Street's history. [3AC goes on the defensive]( 👀 A new twist in the drama surrounding the bankruptcy of Three Arrows Capital. Last week, the hedge fund's liquidators had claimed 3AC's two leaders were failing to cooperate — and their whereabouts was unknown. But now, co-founder Zhu Su has broken his silence — sharing an email written by his lawyer. That message claims the liquidators have been "baiting" 3AC, and allegations of a lack of cooperation are far from the truth. According to them, Zhu Su and Kyle Davies are having to keep a low profile because their families have received threats of physical violence. It's also claimed both men "have been working under a lot of time pressure" as they respond to queries from the Monetary Authority of Singapore now worth $5.9 BILLION]( 💰 It's a difficult time for crypto companies hoping to raise capital right now, but some businesses are continuing to show strength. Animoca Brands has announced that it's secured another $75 million in funding. And while this is less than the $360 million raised back in January, Animoca's valuation has now gone up to $5.9 billion. Setting out its plans for the cash, the entertainment firm explained: "Animoca Brands will use the new capital to continue to fund strategic acquisitions, investments, and product development, secure licenses for popular intellectual properties, and advance the open metaverse, including through its efforts to promote digital property rights for online users." million stolen in phishing attack]( 💸 An estimated $8 million has been stolen after Uniswap liquidity providers fell for a phishing scam. The decentralized exchange says its infrastructure hasn't suffered an exploit, and that it remains secure to use. Offering further details about what happened, Uniswap said that the scammer had airdropped malicious tokens to certain wallets. This subsequently directed users to a fake interface where it was claimed these tokens could be swapped for UNI. But if unsuspecting victims ended up approving the transaction, the attacker would "have the ability to redeem all of the user's Uniswap v3 LP tokens for their full underlying value." Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Molly Zuckerman and Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [App Store]( [Google Play]( [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2022 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States