Crypto
Hacks
Tornado Cash attacker creates proposal that could restore governance
The seemingly benevolent plan could be a selfish attempt to boost token prices.
Wallets
MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users
ConsenSys said that it only collects sales taxes certain other paid services.
Politics
Biden opposes agreement that could protect “tax cheats and crypto traders”
The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party.
Memecoins
Law firm threatens class action suit against disastrous $PSYOP memecoin
The project raised $7 million but has not yet distributed 90% of allocated funds.
Crime
DOJ charges Nevada man involved in $45M CoinDeal crypto scheme
Bryan Lee worked closely with founder Neil Chandran to misappropriate funds.
Regulation
Treasury sanctions Huriya CEO’s Tether address over Russia connections
The USDT address in question has received more than $4.5 million in stablecoins.
Memecoins
PSYOP memecoin faces identity crisis amidst questionable token launch
Explore the PSYOP token drama as its creator accuses a rival of imitation, and an independent media studio condemns the project as a scam from top to bottom.
AI
Meta reveals new details about in-house AI chips
The company is also building a data center and a 16,000 GPU supercomputer.
Regulation
Coin Cafe surrenders $4.3M to New York AG over exorbitant fee structure
Investors will collectively receive $508,000 after being charged thousands in fees.
Regulation
CFTC doesn’t have authority to regulate cash crypto markets, chairman says
However, the agency will regulate crypto assets that it considers commodities.
Bankruptcy
First Voyager payouts should begin by June 1, creditors’ committee says
Voyager's approved liquidation plan may allow customers to access their funds by June 1st, with the possibility of recovering up to 63.7% of their deposits depending on the outcome of FTX litigation.
DeFi
Uniswap governance members seek to launch on Base, Coinbase’s layer 2
Coinbase's layer 2 network could be the latest blockchain to feature Uniswap.