AI
Analysis
SafeMoon working to ‘rectify’ situation after $9M exploit, says CEO
Karony said that SafeMoon was working to "rectify" the situation following a public burn bug take over the LP.
Trading
Algorand price surges over 12%
Algorand's price surged over 12% on March 29 — reaching a total market capitalization of roughly $1.6 billion.
Stablecoins
Voyager redeems $150M of USDC to fiat through Circle
It comes as Voyager account holders continue to advocate for a restructuring plan that would see Binance recoup most of customer accounts.
Hacks
Gate.io suspends withdrawals of SafeMoon following public burn bug exploit
The attack was carried out by hackers that attacked the BNB-based chain DEX, draining $8.9 million in funds before being found.
Regulation
Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse
Senators grilled officials as plans to broaden future bank stress tests follow SVB and Signature collapse.
Privacy
Zero-knowledge proofs building on Bitcoin
Competition heats up as developers race to optimize and scale zero-knowledge proofs —with ZeroSync and StarkWare leading the way.
Analysis
Crypto Twitter reacts to CFTC lawsuit against Binance
Binance CEO and exchange sued by US regulator for alleged "Illegal" activity and ineffective compliance program.
Analysis
New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases
Survey also finds a third of Americans fall victim to cryptocurrency scams and theft, with an average loss per victim of $97,583.
Regulation
Contagion from SVB’s collapse highlights need for banking system resilience, says Fed official
Federal Reserve Vice Chair for Supervision, Michael Barr, is set to testify before lawmakers on Tuesday.
NFTs
Accidentally burnt CryptoPunk #685 ‘resurrected’ – becomes first official CryptoPunk Ordinal
Crypto Punk 685 burnt during wrap attempt but has resurfaced as the first CryptoPunk on Bitcoin NFT network.
Crime
Ontario court documents describe kidnap, ransom, torture of $41M crypto scammer
Extravagant spending by Aiden Pleterski occurred after the accused raised $41 million to fund a non-existent crypto investment fund.
Memecoins
SHIB burn rate up a staggering 8733% over the past 24 hours
The spike in burns corresponds with whales moving $276 million worth of Shib off exchanges, as well as changes to Shib's roadmap.