In brief Arbitrum DAO has voted in favor of releasing 30,765.67 ETH to a recovery address controlled by Aave, KelpDAO, EtherFi, and Certora. A U.S. court dispute could still complicate the transfer, after plaintiffs with judgments against North Korea sought to restrain the assets. Legal experts warn that executing the DAO vote now risks contempt…
Bitcoin (BTC) revisited $80,000 on Friday after US-Iran war nerves sparked 3% daily losses. Key points: Bitcoin bullish momentum slowly returns after a shakeout amid familiar geopolitical tensions. Traders flag support levels in the mid- to high-$70,000 zone as important for bulls to defend. Unprecedented Bollinger Bands data calls for more volatile conditions going forward….
In brief AUSTRAC has launched two targeted supervisory campaigns into Australia’s virtual assets sector as new regulatory reforms take effect. The campaigns assess money laundering risk management as Australia expands regulation beyond traditional exchanges. Australia’s new laws broaden coverage to include custody, brokerage, and other virtual asset service providers. Australia’s financial intelligence unit AUSTRAC has…
US prosecutors said they have secured eight sentences in the last five months against people acting as US-based proxies for North Korea-based IT workers, shedding new light on how they have been able to infiltrate US companies. Two men have been sentenced this month alone. The Justice Department said Wednesday that separate courts sentenced Nashville…
Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86 on Wednesday. It has since settled at around $570 as of Friday, according to…
Nearly half of US voters are willing to cross party lines to get clear crypto regulation off the ground, while public support for the CLARITY Act could bring an electoral benefit for politicians, according to a new survey from HarrisX. The poll included responses from 2,008 registered voters from May 1-4. It found that 52%…
Bitcoin (BTC) reserves on major crypto exchanges have dropped to their lowest level since 2023, with nearly 100,000 BTC withdrawn from Binance, OKX and Gemini in less than three months. The outflows coincided with stronger demand from accumulator addresses, as the cohorts’ holdings have increased by 60.5% over the past two weeks. Bitcoin exchange reserves…
Coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.” Source link
Aptos Foundation and Aptos Labs have committed $50 million to Aptos development, with a particular focus on AI agent infrastructure and research, including support for two products it shipped last year to meet rising demand for onchain AI agent activity. Those products include Decibel, an AI-powered onchain order book and perpetuals exchange that launched on…
Crypto risk management and infrastructure provider Chaos Labs said its Chaos Oracle Network, which provides data feeds to blockchain applications, was not compromised after a hacking attempt over the weekend by a potential “nation-state.” Chaos Labs founder Omer Goldberg said in an X post Thursday that the company identified an attack over the weekend, possibly…