DeFi
The NFT game on the Blast network said it was a Munchables developer that was responsible for the hack.
Regulation
After a series of court setbacks and in need of a public victory, the SEC is pursuing a massive penalty against Ripple in order to “deter” future offenders.
Business
Users have withdrawn a substantial amount of crypto assets from KuCoin since U.S. federal prosecutors announced their charges against the crypto exchange and its founders on Tuesday.
Bitcoin
A collection of whale and shark wallets acquired 51,959 BTC on a single day, blockchain analysts noted as bitcoin’s price rebounded to $71,000 last on March 25.
The FTX bankruptcy estate has reached a deal to sell two-thirds of its stake in AI startup Anthropic for more than twice the value Sam Bankman-Fried acquired the shares for in 2021.
Solana
A recent boom in trading volume on Solana has also inspired a troubling uptick in racist, misogynistic, and other derogatory memecoins designed to offend.
Going to jail doesn’t seem to have been such a bad thing for fallen crypto moguls such as Do Kwon, Su Zhu, and Sam Bankman-Fried—at least judging by appearances.
Arbitrum governance members voted overwhelmingly on Friday to expedite gaming on the layer 2 blockchain via “The Gaming Catalyst Program,” proposing a 200 million ARB allocation from Arbitrum’s treasury.
Though memecoins have boosted fees on Solana, the tokenomics call SOL’s economic sustainability into question.
In as early as 14 weeks time, crypto investment firm Grayscale’s GBTC could run out of bitcoin for fund redemptions, according to blockchain analytics firm Arkham.
