Last week was full of events for the crypto market: the arrest of Su Zhu, one of the co-founders of the cryptocurrency hedge fund Three Arrows Capital, and losses of $890 million due to hacker attacks in the Web3 sector. 🌐💸
Su Zhu was arrested at Singapore airport and sentenced to 4 months in prison for failing to comply with a court order related to the liquidation of 3AC. Its co-founder, Kyle Davis, has still not been found. 🚨
Four more suspects in the JPEX crypto exchange scandal have been arrested in Hong Kong and Macau. The total number of detainees reached 18, and the total amount of funds seized was about $3 million. 🚔
Crypto exchange Gemini has denied rumors of a secret withdrawal of $282 million before the bankruptcy of cryptocurrency lender Genesis, claiming that the funds belonged to users of the Earn program. 💰
The central banks of France, Singapore and Switzerland have successfully tested cross-border trading using wholesale CBDC and DeFi. 🌍💱
Important updates have been implemented to the Sui Mainnet, Buenos Aires is launching the QuarkID blockchain protocol, Binance is exiting the Russian market, and Mixin is offering $20 million for the return of stolen assets. 🌐🔐
Su Zhu was arrested at Singapore airport and sentenced to 4 months in prison for failing to comply with a court order related to the liquidation of 3AC. Its co-founder, Kyle Davis, has still not been found. 🚨
Four more suspects in the JPEX crypto exchange scandal have been arrested in Hong Kong and Macau. The total number of detainees reached 18, and the total amount of funds seized was about $3 million. 🚔
Crypto exchange Gemini has denied rumors of a secret withdrawal of $282 million before the bankruptcy of cryptocurrency lender Genesis, claiming that the funds belonged to users of the Earn program. 💰
The central banks of France, Singapore and Switzerland have successfully tested cross-border trading using wholesale CBDC and DeFi. 🌍💱
Important updates have been implemented to the Sui Mainnet, Buenos Aires is launching the QuarkID blockchain protocol, Binance is exiting the Russian market, and Mixin is offering $20 million for the return of stolen assets. 🌐🔐