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ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users

Decentralized finance aggregator ParaSwap has addressed a critical vulnerability in its recently launched Augustus v6 smart contract and has commenced the process of returning cryptocurrency assets to affected users. In a recent post on X, the team said that all assets have been returned...

, by Ruholamin Haqshanas

Goldman Sachs Sees Spike in Crypto Options Engagement Among Hedge Funds

Goldman Sachs' hedge fund clients are reportedly showing increased interest in crypto derivatives, spurred by the resurgence of the crypto market. The bank officially launched its crypto trading desk in 2021. It then began to facilitate various Bitcoin-linked trades, including Bitcoin...

, by Shalini Nagarajan

Do Kwon Released From Montenegro Prison With Extradition Verdict Still Underway: Report

Terraform Labs co-founder Do Kwon was released from prison in Montenegro on Saturday as the Supreme Court deliberates on extradition requests from the U.S. and South Korea, according to a Bloomberg report citing prison officials.Kwon’s recent ruling mandating his extradition to South Korea is...

, by Tanzeel Akhtar

Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users

Friend.tech, a social platform leveraging Web3 technology, has proposed a new ownership model by offering its shares to its users. The move is intended to empower platform users, who were previously mere participants, to become investors with a vested interest in the company's...

, by Ruholamin Haqshanas

Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences

The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank. According to the media outlet RBC, Finance Minister Anton Siluanov said he was “sure” his ministry and the bank would soon “come to an...

, by Tim Alper

Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing

The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues. Per Hanguk Kyungjae, Bithumb is looking to “accelerate” its proposed KOSPI listing. Bithumb IPO:...

, by Tim Alper

Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets

Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors. In a recent post on X, Sirer expressed concerns about these "trash" projects while educating users about their...

, by Ruholamin Haqshanas

Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant

The Bitcoin bull cycle is still far from over with many large Bitcoin investors selling, as the market is entering a period of price correction, according to on-chain analytics platform CryptoQuant. Bitcoin, the world's largest cryptocurrency by market capitalization, may have now entered into a...

, by Tanzeel Akhtar

Crypto Markets Require Transparency, Says SEC Chair Gary Gensler

The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator. In his closing remarks during a speech at Columbia Law School, Gensler emphasized the importance of mandatory...

, by Ruholamin Haqshanas

Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns

AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings.Executives at Anthropic have cited these concerns as the reason for ruling out Saudi Arabian involvement, as reported by CNBC.Bankman-Fried,...

, by Ruholamin Haqshanas

LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse

LayerZero co-founder and CEO Bryan Pellegrino accused Kyle Davies, co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC on March 21. Pellegrino made the allegation in an X post as a response...

, by Jimmy Aki

How Many Years Will Sam Bankman-Fried Get In Prison, Really?

Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison - but what sentence will he actually get?In the defense’s sentencing recommendation released late last month, Bankman-Fried’s camp...

, by Julia Smith

Trezor Clarifies Security Breach: Phishing Attack Identified as Cause of Compromised X Account

SatoshiLabs, the company behind Trezor hardware crypto wallets, announced on March 21 that the recent compromise of its X (formerly Twitter) account resulted from a phishing scam and not a SIM-swap attack as earlier suspected. The hardware wallet also shared that only its X social media account...

, by Jimmy Aki

Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?

The Worldcoin Orb has open-sourced some of its eyeball-scanning technology in a bid by founders to verify its claims to data privacy, according to a Friday blog post. Developers can now review the software components of the Worldcoin Orb on Github, where it has been made publicly available under...

, by Andrew Throuvalas

Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business

Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however.For instance, the “blockchain trilemma”...

, by Rachel Wolfson

Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling

FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud. Here's the latest.

, by Tim Hakki

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