DeFi
The exploiters have already withdrawn $1.9 million after moving the stolen funds through coin mixer Tornado Cash.
DeFi insurance firm Nexus Mutual is seeking the recovery of $2 million in claims paid out to Euler Finance hack victims, who have since redeemed their funds.
Business
An assessment on restarting the FTX exchange will take place in Q2, according to a timeline shared by bankruptcy attorneys.
Ethereum
The blockchain began processing withdrawal requests for staked ETH after the Shapella upgrade was activated on April 12.
Maple Finance is banking on a trend of real-world assets picking up in the decentralized lending sector.
The chief executives of Circle and BlockFi received letters asking them to disclose their rationale for banking with SVB.
On-chain analysts at Glassnode believe that the economic impact of unlocking staked ETH will be “a lot less dramatic than many have painted it to be.”
Tether blacklisted the $3 million USDT held by last week’s sandwich bot exploiter – a move that drew criticism from crypto industry proponents.
Bitcoin
The Bitcoin Ordinals community is currently debating whether or not to reinclude missed inscriptions.
A breach on Terraport’s liquidity wallet resulted in the loss of millions of dollars of user funds.
