CFTC Sues 5 Individuals for Bitcoin Trading Services Fraud

The CFTC alleged that thw defendants failed to use customer funds for bitcoin trading and did not deliver on its other promises.

Stably Launches Bitcoin’s First BRC-20 Stablecoin

It is officially possible to transfer dollar-pegged assets on Bitcoin’s base layer. 

This is What Needs to Happen for Bitcoin to Reach $45K This Year According to JPMorgan

Institutional investors own roughly $3 trillion worth of gold, which could be good news for BTC.

4,000 ETH ($7.5M) Compromised Following Latest DeFi Exploit

Another DeFi exploit took place today, resulting in a potential loss of around 4K ETH.

Beijning Will Invest at Least $14M Per Year to Strengthen Web3 Foothold

Beijing will be investing in Web3 as the country will aim to establish international dominance in the field.

Value Stolen in Exploits Down By 70% Since Last Year, More Funds Returned (Report)

The two main factors for this are believed to be increased scrutiny, blacklisting, and increased attention from law enforcement.

FBI Warns of Crypto Human Trafficking Rings in Asia

The FBI noted that these types of scams often target Asia-based victims.