- $234 Million Drained From Indian Exchange WazirX: WazirX, an Indian cryptocurrency exchange, has been hacked, resulting in a loss of $234 million. The exchange has suspended withdrawals.
- Stablecoins and Illicit Transactions: A recent report by Chainalysis found that stablecoins make up the majority of illicit transaction volumes.
- Robinhood “Refer-A-Friend” Settlement: A judge has approved a $9 million settlement deal between Robinhood and a group of plaintiffs in a class-action lawsuit related to the company's "refer-a-friend" program.
- Ethereum Enterprise Alliance Releases Standard for DeFi Protocols: The Ethereum Enterprise Alliance has released the first standard for DeFi protocols, which aims to provide a framework for the development of decentralized finance protocols.
- OKX Chooses Malta as MiCA Hub: OKX, a cryptocurrency exchange, has chosen Malta as its MiCA (Markets in Crypto-Assets) hub, which will serve as the company's base for compliance with EU regulations.
- Judge Reduces Sentencing for Ethereum Developer Virgil Griffith: A judge has reduced the sentencing for Ethereum developer Virgil Griffith by seven months.
- Bankrupt Crypto Lender BlockFi to Initiate Temporary Distribution via Coinbase: BlockFi, a bankrupt cryptocurrency lender, is set to initiate a temporary distribution of assets via Coinbase.
- South Korean Prosecutors Request Crypto Market Maker Arrest Warrant: South Korean prosecutors have requested an arrest warrant for a cryptocurrency market maker in connection with an altcoin fraud case.
- Nigerian Police Arrests Crypto Influencer BLord: Nigerian police have arrested a cryptocurrency influencer, BLord, for alleged crypto fraud and offenses.
- Greek Government to Impose Crypto Taxes Starting 2025: The Greek government has announced plans to impose taxes on cryptocurrency profits starting in 2025.
