Industry
North Korea and criminals are using DeFi services to launder money - US Treasury
A new U.S. Treasury Department report analyzing decentralized finance has concluded that actors from the Democratic People’s Republic of Korea, as well as other scammers, are able to exploit vulnerabilities to facilitate money laundering.Wayne IngramTeam Euler denies on-chain detectives are suspects in hacking case
Anonymous Twitter user and blockchain investigator Officer's Notes believe they may be suspects in the $195 million Euler Finance hack.Hallie GillzkSync Era's 'Elegant' Fix for 921 ETH 'Stuck Forever' in Smart Contracts
Matter Labs, the Team Behind Ethereum Layer 2 Scaling Solution zkSync, Confirms 921 Ether, $1.7 million worth of Bitcoin is currently trapped in one of its new smart contracts, GemstoneIDO.Jerry McNeillUK Uses Love Island Star to Warn Financial Influencers of Cryptocurrencies and Investment Schemes
Britain's financial and advertising regulators have teamed up to issue a warning to social media "financial influencers", telling them to stop promoting illegal "get-rich-quick" schemes or face law enforcement.Sherry CantwellLiechtenstein's VP Bank Taps Metaco to Expand Custody and Tokenization Services
VP Bank, one of the largest banks in Liechtenstein, has partnered with digital asset infrastructure provider Metaco to consolidate its digital asset custody and tokenization business.Martha GrizzardBrazilian bank BTG Pactual issues dollar-pegged stablecoin
Major Brazilian investment bank BTG Pactual continues to roll out new cryptocurrency services, launching its own stablecoin backed by the U.S. dollar.Wayne IngramCrypto Exchange Backed by 3AC Founder Launches Claims Trading Program
Shu Su and Kyle Davis, founders of defunct hedge fund Three Arrows Capital (3AC), have announced the launch of a cryptocurrency project, Open Exchange, or OPNX.Hallie GillLayerZero raises $120M to scale cross-chain messaging efforts
Cross-chain messaging protocol developer LayerZero Labs has raised an additional $120 million, according to an April 4 announcement.Sherry Cantwell73.3% of Q1 rug pulls happened on the BNB chain
According to an April 4 report from blockchain security firm Immunefi, BNB Chain is the king of scams in the first quarter of 2023, with more than 73.3% of such scams across the entire crypto ecosystem taking place on the network.James DeanTON validators receive a single nominator smart contract
Orbs, a public blockchain infrastructure designed for mass-use applications and tight integration, announced the release of a single nominator smart contract in the Telegram Open Network (TON), a decentralized layer-1 zone blockchain.Barry StidhamSatellite orbits Earth for Ethereum KZG ceremony
The Ethereum KZG ceremony, which aims to provide a cryptographic basis for Ethereum scaling, has received more than 83,000 randomness contributions from users around the world. Now it's receiving contributors from outer space.Craig GreenJapan's FSA flags Bybit and other unregistered operations
Several foreign cryptocurrency exchanges, including Bybit, MEXC Global and Bitget, have been operating in the country without proper registration,Christopher SmithBitcoin serial number daily inscriptions surge thanks to 'BRC-20 tokens'
Number of serial numbers recorded on Bitcoin hits new daily high, The network thanks to the recently launched "Token Standard" for the blockchain.Martha GrizzardButerin weighs zk-EVM's impact on decentralization and security
Ethereum co-founder Vitalik Buterin would like to see a zero-knowledge Ethereum Virtual Machine (zk-EVM) built on Ethereum’s first layer to speed up the verification process on the underlying blockchain.Wayne IngramItaly Blocks ChatGPT, Investigates Alleged Violations
Italy's data protection regulator has temporarily blocked the artificial intelligence chatbot ChatGPT and launched an investigation into alleged violations of data privacy rules.Wayne IngramElon Musk-led petition to halt AI development divides tech world
Tesla CEO Elon Musk and Apple co-founder Steve Wozniak signed an open letter signed by more than 2,600 tech industry leaders and researchers.Hallie GillUS Government Plans to Sell 41K Bitcoins Linked to Silk Road
US Government Plans to Liquidate Over 41,000 Bitcoins Seized as part of a case related to Silk Road founder Ross Ulbricht.Jerry McNeillNet losses from crypto theft drop sharply to $322 million in Q1 2023
Cryptocurrency hackers and scammers stole $452 million in the first quarter of 2023, according to a report published by antivirus and app provider De.Fi. But that's both good news and bad news, as losses are down from $1.3 billion in the first quarter of 2022.Sherry CantwellNFA Adds Rules for Members Dealing with Digital Assets
The National Futures Association (NFA) the self-regulatory organization for the U.S. derivatives markets has issued a new compliance rule to address member conduct.James DeanBermuda remains open to crypto firms, PM says
The dramatic collapse of cryptocurrency exchange FTX in November 2022 has not moved Bermuda away from accommodating cryptocurrency companies, the head of the government of the British Islands said in an interview with Bloomberg News.Craig Green
