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Circle due to unfrozen Drift Protocol funds stolen in a collective lawsuit
Circle faces a class-action lawsuit in the Massachusetts District Court over stolen funds resulting from funds that were not frozen. The plaintiffs allege that it was negligent in the “击” incident, supporting the attackers’ transfer of approximately $230 million USDC through its protocol. Analyses suggest the incident may be related to North Korean hackers.
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USDC-0,01%
ETH-0,91%
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Deep Tide TechFlow News, April 17 — Tether CEO Paolo Ardoino tweeted that Tether has frozen 3.29 million USDT from the hacker address of Rhea Finance.
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Market Overview for April 17: The S&P 500 hits new records for three consecutive days, and the Nasdaq extends its winning streak to twelve days, reaching the highest level since 2009.
Wall Street continues to rise at a new high in history, with the S&P 500 and Nasdaq both hitting new records. Israel and Lebanon have reached a ceasefire agreement, boosting market expectations, and oil prices have fallen. Despite normal economic activity, rising corporate costs have led to layoffs. Bitcoin fluctuates around $74,000, and the market generally expects that a decline in oil prices will benefit cryptocurrencies. Important events next week will influence the future market trend.
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BTC0,07%
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Russian exchange Grinex suspends operations after $15 million attack
Russian cryptocurrency exchange Grinex suspends withdrawals and trading after experiencing a hacking attack involving approximately $15 million. The stolen USDT funds were transferred through the Tron and Ethereum networks and exchanged for TRX and ETH to avoid freezing. Grinex is considered the successor platform to the sanctioned exchange Garantex.
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TRX0,23%
ETH-0,91%
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Deep Tide TechFlow News, April 17, according to Decrypt, Charles Schwab & Company president and CEO Rick Wurster said the company may provide prediction market services in the future, but will focus on contracts related to financial events such as inflation, avoiding themes like pop culture, politics, and sports.
Earlier reports: Charles Schwab said it will roll out Bitcoin and Ethereum trading services in the coming weeks, with a per-transaction fee rate of 0.75%. The company also plans to gradually expand its cryptocurrency business, including opening digital asset deposit and withdrawal fun
BTC0,07%
ETH-0,91%
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Deep Tide TechFlow news: On April 17, according to Cointelegraph, the legal dispute between prediction market platform Kalshi and Nevada over which regulator’s jurisdiction applies to event contract regulation may ultimately be appealed to the U.S. Supreme Court. Kalshi argued before the U.S. Ninth Circuit Court of Appeals that its event contracts are classified as “swaps” under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), rather than falling within state-level gambling regulation. Previously, Nevada restricted Kalshi from offering the relevant contracts on the gro
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Ethereum Foundation Project Manager Josh Stark Announces Departure
Ethereum Foundation key researcher Josh Stark announces he will leave at the end of April, ending five years of work. He plans to take a break and thanks the team for their support, mentioning that the Ethereum ecosystem has achieved several seemingly "impossible" goals.
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Cardano Founder: BIP-361 is essentially a hard fork, or freezing early BTC
Cardano founder Charles Hoskinson pointed out that the Bitcoin quantum resistance proposal BIP-361 is incorrectly described as a soft fork; in fact, it is closer to a hard fork and cannot protect the approximately 1.7 million BTC generated early on, which could lead to the permanent freezing of related assets. The co-author of the proposal also stated that this plan is a rough idea for an emergency contingency.
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BTC0,07%
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Deep Tide TechFlow News, April 17, according to The Block, Texas man Robert Dunlap was sentenced to 23 years in federal prison for involvement in a cryptocurrency scam exceeding $20 million and ordered to pay restitution to nearly 1,000 victims. Prosecutors stated that Dunlap operated a crypto project and sold Meta - 1 Coin, falsely claiming that the token was backed by $44 billion worth of gold and approximately $1 billion worth of artwork, including works by Pablo Picasso, Vincent van Gogh, and Salvador Dalí, with the assets having been audited. The jury had convicted him of mail fraud last
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Deep Tide TechFlow News, April 17, according to The Block, Layer 1 blockchain Tempo has launched a privacy solution called Zones, targeting institutional use cases such as payroll, fund management, and payment settlement. Zones provides a private execution environment in the form of a parallel blockchain connected to the Tempo mainnet, with transactions within the zone kept confidential by default, but assets can still interoperate with the Tempo mainnet, other Zones, fiat on/off ramps, and liquidity pools. Tempo states that each Zone will be managed by a trusted entity, with operators able to
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Yuga Labs 任命 Michael Figge 为 CEO,Greg Solano 转任董事会主席
Yuga Labs' new CEO Michael Figge replaces Greg Solano, who has been appointed Chairman of the Board. This management adjustment occurred as Yuga advances its metaverse project Otherside, with Solano still involved in creative work and new project development.
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Deep Tide TechFlow News, April 17 — The Korea KOSPI Index opened down 4.55 points on April 17 (Friday), a decrease of 0.07%, at 6,221.5 points. The Nikkei 225 Index opened down 227.62 points on April 17 (Friday), a decrease of 0.38%, at 59,290.72 points.
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Deep Tide TechFlow News. On April 17, according to an official announcement, the crypto futures exchange KieDex announced that it has completed a $3.5 million funding round led by Marqel Capital. The company said that the proceeds from this round will be used to build the KieDex platform, creating a new generation of cryptocurrency futures exchanges focused on a fast, secure, and incentive-driven trading experience. Participating partners that provide support include Hidden Street Capital, Caviar, CSP DAO, Solulu Club, Rocket, TPC, Devmons, TATATU, and others.
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Zonda Exchange discloses 4,500 BTC cold wallet addresses, funds inaccessible due to private keys not being transferred.
Polish cryptocurrency exchange Zonda faces a withdrawal crisis, with CEO Przemysław Kral revealing the cold wallet address holding 4,503 BTC and the issue of private key transfer, denying allegations of fund misappropriation. Due to the disappearance of the former CEO leading to a large number of withdrawal requests, Zonda promises to fulfill its customer fund obligations and will take legal action.
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BTC0,07%
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Today’s top 100 cryptocurrencies by market cap: RAVE up 39.53%, JUST down 15.44%
On April 16th, among the top 100 cryptocurrencies by market cap, RaveDAO had the largest increase, rising by 39.53%; JUST experienced the largest decline, dropping by 15.44%. Overall, the price fluctuations were significant.
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RAVE42,26%
SIREN97,2%
M31,85%
TIA23,69%
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