The firms will compensate the scheme’s victims while fighting for millions in damages from the cross-chain bridge that covered up the token-printing scheme.
South Korean authorities seize $160M in assets tied to Terra employees: Report
Prosecutors reportedly took control of houses and properties in an attempt to prevent former Terra employees from disposing of assets potentially connected to criminal proceedings.
Coinbase Ventures Joins Liquid Staking Protocol Rocket Pool’s Oracle DAO
The investment branch of Coinbase, one of the largest centralized exchanges, will receive a share of rewards dedicated to Rocket Pool’s Oracle DAO.
Bitcoin, BNB Drop on Unverified Rumor Binance’s CEO Faces Interpol Red Notice
Binance and its CEO last week were sued by the U.S. Commodity Futures Trading Commission over “willful evasion” of U.S. laws.
Bakkt completes $200M acquisition of Apex Crypto
Apex Crypto has brokered $12.5 billion in crypto trades since inception.
Crypto market momentum stalls as traders await the results of recent regulatory actions
Crypto’s bullish momentum may stall at the $1.2 trillion total market cap resistance, but traders’ newfound caution has not translated to excessive demand for short positions.
Wondering What Web3 Means? Listen to Ethereum’s First Marketer
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Price analysis 4/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins.
KuCoin Wallet spins off from KuCoin exchange, renames as Halo Wallet
The newly branded Halo Wallet seeks to broaden its efforts from Web3 to social finance, also known as SocialFi.
CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors.
SEC will conduct investor education events including ‘cautious’ approach to crypto
The financial regulator said the theme for 2023’s National Financial Capability Month was “investing for everyone,” but seemed to associate crypto with scams and fraud.
Top 9 hacker and cybersecurity movies
Movies about hacking and cybersecurity, such as WarGames, The Matrix and Mr. Robot, have helped viewers explore the potential risks of technology.
Crypto Startup Li.Fi Raises $17.5M in Funding Round
CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator.
Potential Fed pivot has crypto and macro analysts ultra-bullish on Bitcoin’s price prospects
Fidelity’s head of macro suggests that the end of the Fed’s quantitative tightening policy could be bullish for Bitcoin and gold.
Polygon’s Mission ‘Has Always Been Mass Adoption of Web3,’ Co-Founder Says
That can only happen with mainstream companies, Sandeep Nailwal said.
Elon Musk changes Twitter icon to Doge after seeking lawsuit dismissal
The American billionaire is being sued for $258 billion in a racketeering lawsuit alleging Musk ran a pyramid scheme to support Dogecoin.
Amber Group’s Ex-U.S. CEO Raazi Joins EDG, a Digital-Asset Structured Product Firm
Enhanced Digital Group (EDG) is helping bridge the gap between TradFi and digital currencies, and Cactus Raazi brings decades of Wall Street experience including time at Goldman Sachs.
Dogecoin Gains 25% After Token’s Symbol Replaces Blue Bird as Twitter Logo
DOGE jumped more than 10% on Tuesday afternoon after the move.
Sen. Warren’s ‘Anti-Crypto Army’ Is Just the Beginning of Crypto’s Politicization
As the 2024 U.S. election cycle approaches don’t be surprised to hear politicians discussing bitcoin, crypto and CBDCs.
Arbitrum Airdrop Shows Interest in DeFi, Researcher Says
Pedro Herrera says with failures in the banking system and centralized exchanges facing regulatory scrutiny, there is a renewed interest in decentralized finance.