🤔 Arbitrum Security Council Member: Circle Is Clearly Not Full of Good Men
Arbitrum Security Council member Griff Green criticizes Circle for not taking action against hacker threats, contrasting it with Tether's proactive approach in freezing hacker funds. He argues that Tether is composed of traditional crypto natives who prioritize early crypto principles, while Circle, backed by Goldman Sachs, is primarily focused on profitability. Green suggests that the community may need to sell off USDC to compel these institutions to respond to hacker threats. #hack link link
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Arbitrum Security Council member Griff Green criticizes Circle for not taking action against hacker threats, contrasting it with Tether's proactive approach in freezing hacker funds. He argues that Tether is composed of traditional crypto natives who prioritize early crypto principles, while Circle, backed by Goldman Sachs, is primarily focused on profitability. Green suggests that the community may need to sell off USDC to compel these institutions to respond to hacker threats. #hack link link
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👮 DOJ-Led Crackdown Busts Overseas “Pig-Butchering” Crypto Scam Centers, 276 Arrested
The US Justice Department announced a coordinated operation led by the FBI, in collaboration with law enforcement in Dubai, China, and Thailand, which dismantled at least nine overseas crypto scam centers targeting Americans. This operation resulted in at least 276 arrests.
The DOJ stated that these schemes typically involve creating fake online relationships to direct victims to fraudulent crypto investment platforms and laundering the proceeds. The FBI's “Operation Level Up” has warned nearly 9,000 potential victims and helped prevent an estimated $562 million in losses. #regulation link
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The US Justice Department announced a coordinated operation led by the FBI, in collaboration with law enforcement in Dubai, China, and Thailand, which dismantled at least nine overseas crypto scam centers targeting Americans. This operation resulted in at least 276 arrests.
The DOJ stated that these schemes typically involve creating fake online relationships to direct victims to fraudulent crypto investment platforms and laundering the proceeds. The FBI's “Operation Level Up” has warned nearly 9,000 potential victims and helped prevent an estimated $562 million in losses. #regulation link
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💰 $XXI CEO Jack Mallers just said Saylor "ran out of people willing to give him money at 0% and now has to pay 12%."
What Mallers missed: $STRC is perpetual.
The principal never gets paid back. Saylor is porting fixed income capital into Bitcoin forever. link
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What Mallers missed: $STRC is perpetual.
The principal never gets paid back. Saylor is porting fixed income capital into Bitcoin forever. link
Free Academy & VIP Access
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🔮 Just in: Hyperliquid Tests HIP-4 Plan to Add Onchain Prediction Markets
Bloomberg reported that decentralized exchange Hyperliquid is proposing to add prediction markets via a new initiative known as HIP-4, now in public testing. This initiative will allow traders to wager on real-world event outcomes onchain. The move comes as prediction markets gain traction and new entrants accelerate, potentially putting Hyperliquid in more direct competition with Kalshi and Polymarket. link
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Bloomberg reported that decentralized exchange Hyperliquid is proposing to add prediction markets via a new initiative known as HIP-4, now in public testing. This initiative will allow traders to wager on real-world event outcomes onchain. The move comes as prediction markets gain traction and new entrants accelerate, potentially putting Hyperliquid in more direct competition with Kalshi and Polymarket. link
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💰 CRYPTO VC Hashed Gains Financial Services License in Abu Dhabi: The Block #regulation
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💰 CRYPTO VC Hashed Gains Financial Services License in Abu Dhabi: The Block #regulation
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🇰🇷📊 Upbit to List MegaETH (MEGA) on KRW, BTC and USDT Markets
Upbit, South Korea’s largest crypto exchange, will list MegaETH (MEGA) with MEGA/KRW, MEGA/BTC, and MEGA/USDT trading pairs. MegaETH is an EVM-based real-time Layer 2 that claims over 100,000 transactions per second with millisecond-level latency. MEGA is used for governance, staking, and gas fees. link
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Upbit, South Korea’s largest crypto exchange, will list MegaETH (MEGA) with MEGA/KRW, MEGA/BTC, and MEGA/USDT trading pairs. MegaETH is an EVM-based real-time Layer 2 that claims over 100,000 transactions per second with millisecond-level latency. MEGA is used for governance, staking, and gas fees. link
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💳 Visa Expands Stablecoin Pilot to Nine Chains, Adds Base, Polygon, Canton, Tempo and Arc
Visa added Arc, Base, Canton, Polygon, and Tempo to its stablecoin settlement pilot, increasing the total number of supported blockchains to nine. The company's onchain settlement volume is running at an annualized pace of about $7 billion, reflecting a roughly 50% increase quarter over quarter. Additionally, Visa now supports over 130 stablecoin-linked card programs across more than 50 countries. #stablecoin link
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Visa added Arc, Base, Canton, Polygon, and Tempo to its stablecoin settlement pilot, increasing the total number of supported blockchains to nine. The company's onchain settlement volume is running at an annualized pace of about $7 billion, reflecting a roughly 50% increase quarter over quarter. Additionally, Visa now supports over 130 stablecoin-linked card programs across more than 50 countries. #stablecoin link
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🕵️ Michael Saylor: Satoshi Already Answered How Bitcoin Can Respond to the Quantum Threat
Strategy founder Michael Saylor stated in an April 13 interview with Bankless that increasing Bitcoin purchases benefits the entire ecosystem. He emphasized that the company's core strategy is to raise capital, buy Bitcoin, and continue accumulating without diversifying. Saylor also clarified that Strategy is a pure Bitcoin stock, which enhances the clarity and transparency of the company's structure as its Bitcoin holdings grow. link link
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Strategy founder Michael Saylor stated in an April 13 interview with Bankless that increasing Bitcoin purchases benefits the entire ecosystem. He emphasized that the company's core strategy is to raise capital, buy Bitcoin, and continue accumulating without diversifying. Saylor also clarified that Strategy is a pure Bitcoin stock, which enhances the clarity and transparency of the company's structure as its Bitcoin holdings grow. link link
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🙅 $BSU has been delisted from Bybit futures. link
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🕵️ Bybit CEO Claims Malaysia Watchlist Lifted After Regulator Talks
Bybit CEO Ben Zhou announced that Bybit has been removed from the Securities Commission Malaysia’s investor alert list after constructive engagement with regulators. He emphasized the importance of regulated local infrastructure for long-term industry growth and user trust, noting that Malaysia is a key market for regional crypto adoption. link
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Bybit CEO Ben Zhou announced that Bybit has been removed from the Securities Commission Malaysia’s investor alert list after constructive engagement with regulators. He emphasized the importance of regulated local infrastructure for long-term industry growth and user trust, noting that Malaysia is a key market for regional crypto adoption. link
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