An industry report is expected to outline best practices in areas including due diligence and risk management.
ArkotNews
U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
Decentralized Wireless Project Helium Begins Move to Solana Blockchain
The change aims to make Helium faster and cheaper to operate.
S. Korean Crypto Exchange Gdac Hacked for Nearly $13M
The exchange said hackers transferred the crypto assets from a hot wallet to an unidentified wallet.
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.
DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem
RACA has evolved from managing the NFT collection of Elon Musk’s mom to a Steam-like blockchain gaming ecosystem.
OpenSea Goes Pro, Ralph Lauren Takes Crypto
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
Ether Jumps Above $2K a Day After Ethereum Shanghai Upgrade
The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.
Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.
First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.