Market
Hacks
Polygon-based protocol 0vix exploited for $2M
Arkham Intelligence said the attacker has moved the stolen USDC to Ethereum mainnet and swapped it for 757 ETH.
Crypto
CryptoSlate wMarket update: Bitcoin consolidates at $29k as Ethereum inches closer to $2k
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Macro
US government holds $6B worth of Bitcoin: Glassnode data
Judging by its precedence, the U.S. government could potentially sell off the Bitcoin within the next few years.
Bankruptcy
FTX confirms plans to restart its Japanese exchange
FTX wants the court to approve a Key Employee Incentive Plan (KEIP) for seven employees who are critical for its Japanese subsidiary.
Bankruptcy
FTX takes control of NFTs worth over $4M
The NFTs, including Bored Apes, were transferred to FTX's multi-signature wallet, according to Coinbase director Conor Grogan.
Crypto
CryptoSlate wMarket Update: Market volatility swings Bitcoin price wildly in the last 24 hours
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Tokenization
Bitrue says technical glitch impacted XRP orders on its system – causing mass liquidations
Several crypto community members pointed out that the glitch led to a flash crash of XRP to $0 and liquidated long positions.
Analysis
Market volatility wipes $360M from long and short traders
Bitcoin's sudden price movement was fueled by rumors that the U.S. government and bankrupt crypto exchange Mt.Gox were selling.
Exchanges
Hong Kong targets May for crypto exchange licensing regulations
Bitget said it would no longer provide services for Hong Kong users because of the new regulatory demands.
DeFi
CertiK offers Merlin DEX rogue developers 20% white hat bounty
CertiK said it is exploring a community compensation plan to cover the roughly $2 million stolen from the Merlin DEX exploit.
Analysis
Bitcoin makes play for $30k, leading to $145M in liquidations
Bitcoin rose by 8.44% in the last 24 hours to trade at $29,614 at the time of writing, according to CryptoSlate's data.
Featured
Binance’s CZ ranked among the richest men in finance
According to Bloomberg, CZ is worth $28.2 billion and made the bulk of his wealth through his exchange, Binance.