Markets
SushiSwap Approval Vulnerability Leads to $3.3M Exploit
A smart contract bug in decentralized finance (DeFi) protocol SushiSwap led to losses of more than $3 million in the early hours of April 9,Hallie GillNFT unlocks physically biodegradable vinyl records
While the hype surrounding non-fungible tokens (NFTs) has cooled, innovative use cases for digital assets continue to emerge especially in the music industry, which has been fertile ground for emerging Web3 tool use cases in recent years.Craig GreenOpenSea collector fat fingers bid 100 ETH for a free NFT
A non-fungible token (NFT) trader appears to be bidding on a free NFT, buying it for 100 ether, currently worth $191,239, rather than nothing.Christopher Smith25% of NFT owners have 51 or more collections
Findings published by crypto data site CoinGecko show that the majority of non-fungible token (NFT) holders own 51 or more NFTs.Martha GrizzardDavid Bowie's unreleased record debuts as music NFT
A previously unreleased version of David Bowie's "Let's Dance" has surfaced as part of a limited-edition series of non-fungible tokens (NFTs).Wayne IngramWashington State DFI Warns Eucoinotrade of Potential Engagement in 'Advance Fee Fraud'
The Washington State Department of Financial Institutions (DFI) issued a consumer protection alert targeting an “alleged cryptocurrency exchange” named Eucoinotrade.Jerry McNeillMultiple U.S. state regulators say AI trading DApp is a Ponzi scheme
Securities regulators from Montana, Texas, and Alabama have jointly filed an enforcement action against cryptocurrency trading platform YieldTrust.ai, accusing it of “performing a Ponzi scheme.Wayne IngramMt. Gox Repayment Registration Closed
The saga of the Mt. Gox cryptocurrency exchange and its creditor repayments continues as the company released a new statement about what will happen after its registration window closes.Wayne IngramJane Street, Tower Research, and Radix are Binance's 'VIP' clients in CFTC lawsuit
Trading firms Jane Street Group, Tower Research Capital, and Radix Trading have reportedly been identified as three of Binance’s “VIP” clients, which the U.S. commodity watchdog cited anonymously in a recent lawsuit against Binance.Christopher SmithNon-US FTX usernames requested by mainstream media
Some mainstream media outlets objected to attempts to conceal the identities of non-U.S. clients of cryptocurrency exchange FTX in its bankruptcy proceedings.Cornell RachelOpenAI faces Canadian privacy probe alleging personal information collection
OpenAI, creator of the artificial intelligence chatbot ChatGPT, is under investigation by Canada's privacy commissioner for collecting and using personal information without consent.Martha GrizzardPantera Capital Leads $22.5M Decentralized Infrastructure Investment in M^ZERO Labs
Berlin-based M^ZERO Labs, a company seeking to build neutral infrastructure to connect assets in the global financial system to decentralized applications, has raised $22.5 millionHallie GillMeta offers big money to developers to build out its Metaverse
Tech giant Meta the parent company of Facebook, Instagram, and WhatsApp messaging services has been eyeing an expansion into the Metaverse for some time. However, it got off to a rocky start, losing billions of dollars.Craig GreenAllbridge first to start paying stuck bridge users back after recovering funds
Users whose funds are stranded on the multi-chain token bridge provided by Allbridge will first be compensated according to the recovery plan released by the project after the latest exploit.Craig GreenEthereum Projects Unite to Protect Users from MEV-Induced High Prices
More than 27 prominent Ethereum projects have teamed up to launch MEV Blocker, a solution designed to address and minimize the value extracted from users — known as Maximum Extractable Value (MEV), Ethereum’s invisible tax.Christopher SmithArbitrum Proposes New Governance After Community Outrage
The Arbitrum Foundation has released a new set of proposals for improvements following the spat following the failure of its first governance attempt.Martha GrizzardEuropean Bank Launches 'Sustainable' Blockchain Platform for Digital Bonds
Two banks in Sweden and France have announced the launch of a new digital bond platform based on blockchain technology.Cornell RachelLiquidity Protocol Sentiment Exploited Over $500,000
Sentiment, an undercollateralized lending protocol, appears to have been exploited with over $500,000 in cryptocurrency on April 4.Hallie GillAstar Network launched a smart contract that supports two virtual machines
Multi-chain decentralized application (DApp) protocol Astar Network will launch the second iteration of smart contracts supporting the Ethereum Virtual Machine (EVM) and WebAssembly Virtual Machine (WASM VM) on its mainnet on April 6.Cornell RachelINX Security Token Platform Receives Its First Token From a Listed Company
INX launched its first security token issued by a public company, according to an April 3 announcement by the tokenization platform. The new tokens represent shares of Greenbriar Capital,Hallie Gill
