Today’s Crypto Developments

Here’s what you ought to know about the recent happenings in the crypto world.

Unity Android Vulnerability

Sources have indicated that the Unity gaming platform is secretly addressing a flaw that permits third-party code execution in Android mobile games, posing risks to mobile crypto wallets. This flaw primarily affects Android but also affects Windows, macOS, and Linux systems.

Unity has started distributing fixes privately for a select group of users; however, public guidelines are anticipated next week. A representative from Google confirmed their awareness of the issue, urging developers to promptly update their applications.

ECB Selects Tech Partners for Digital Euro

In an announcement regarding its digital euro project, the European Central Bank (ECB) has identified technology providers to aid in developing a central bank digital currency (CBDC). Agreements have been made with seven entities, with more expected soon, focusing on fraud prevention, secure payment exchanges, and software development. Dr. Ralf Wintergerst from Giesecke+Devrient expressed readiness to move forward under ECB guidance.

Plasma Founder Refutes Insider Selling Claims

Following a steep decline in the value of the XPL token, Plasma’s founder, Paul Faecks, has denied accusations of insider trading. He emphasized that the team’s tokens remain locked for three years, with a one-year cliff. Despite the token’s drop of over 50% after a peak, Faecks maintained that no one from the team has sold any XPL.

Analysts and community members are scrutinizing trading data to investigate unusual activity leading up to the drop. This analysis has raised suspicions due to substantial transfers of XPL tokens from the Plasma team’s vault.