Regulation
South Korean prosecutors have tied $69 million worth of criminal proceeds to Terraform Labs CEO Do Kwon.
Ethereum
zkSync plans to make changes to Era’s gas metering to recover the $1.7 million worth of ETH locked in the GemstoneIDO smart contract.
DeFi
The U.S. Treasury’s DeFi risk assessment report calls for enforcing stronger AML standards in the crypto industry.
A new court action filed by plaintiffs in a Coinbase-backed lawsuit against the U.S. Treasury calls for judgement on two counts of the original complaint.
PancakeSwap V3 has attracted millions of dollars of liquidity in the four days since it deployed a forked version of Uniswap V3.
The Arbitrum Foundation has committed to holding the remaining ARB tokens in its wallet until the DAO approves two governance proposals put forth on Wednesday.
A joint initiative from several Ethereum protocols will protect everyday blockchain users from being front-run by MEV bots.
Business
On-chain analysts at Glassnode observed a stablecoin shuffle at Binance, but no widespread market concern about the crypto exchange’s standing.
The failure of a $10 billion crypto hedge fund and Twitter-served subpoenas hasn’t stopped 3AC founders Kyle Davies and Su Zhu from launching a new exchange.
Tether directed its crypto clients to use Signature Bank’s payments platform as a pathway to exchange U.S. dollars for USDT.