RAK DAO forms alliance, German government sells Bitcoin, Web3 companies report hijackings, Dough Finance suffers flash loan attack

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• RAK DAO, Phoenix Group, and IOPn have formed a strategic alliance to accelerate innovation and position Ras al Khaimah as a global hub for Web3 pioneers.
  🔗Edge Middle East
• The German government has resumed selling its Bitcoin holdings, transferring a total of 3,200 BTC to various platforms, including Bitstamp, Kraken, and Coinbase.
  🔗Crypto News BTC
• Several web3 companies, including Unstoppable Domains, have reported domain hijackings, with attackers gaining unauthorized access to Squarespace accounts and potentially compromising crypto wallets and websites.
  🔗Domain Name Wire
• Dough Finance, a DeFi protocol, suffered a flash loan attack resulting in the loss of nearly $2 million in user funds.
  🔗Bitcoinist