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Bybit offers 10% bounty to anyone who assists in recovering funds from $1.4 billion hack — link | tl;dr

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Sources confirm Bybit facing security incident: ZachXBT — link

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Stablecoins supply hits >$215 billion — link

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ECB wants to establish blockchain-based payment system — link | archive

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SEC acknowledges filing to permit staking for 21 Shares spot ETH ETF: filing

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CME's basis has dropped significantly this week due to lethargic and risk-averse market conditions. Trading volumes are at pre-election levels, ETF flows are minimal, and volatility is absent — link

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Hong Kong explores new token listings, derivatives and staking as global competition increases — link | tl;dr

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By the end of Q4 2024, 1576 (+429) professional firms held U.S. spot Bitcoin ETF exposure, with a combined AUM of $26.8bn (+113%).

Institutional investors hold 25.4% of the AUM, up from 21.3% in Q3, led by massive IBIT activity — link

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Libra token’s co-creator Hayden Davis claimed he paid Argentinian president Milei’s sister — link | tl;dr

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Milei denies wrongdoing in his first defense of crypto debacle — link

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Digital asset investment products saw their first significant outflows, totalling $415m, following an unprecedented 19-week post-US election inflow streak that amassed $29.4bn — link

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Tether in direct talks with U.S. lawmakers on stablecoin legislation: Fox

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Trump media says its board has authorized buying crypto assets: BBG

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Bitcoin liquidity on U.S. exchanges has increased to levels not seen since the 2021 bull run, with Kraken and Coinbase leading the way — link

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State of Wisconsin Investment Board reports $321.5 million in iShares Bitcoin ETF — link

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North Korea's Lazarus Group responsible for ByBit hack resulting in losses of over $1.5 billion: Arkham — link | tl;dr

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SEC AGREED TO DISMISS COINBASE LAWSUIT, SUBJECT TO APPROVAL

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SEC launches Cyber and Emerging Technologies Unit, it will combat fraud in crypto among other areas — link

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Crypto custody firms BitGo and Copper deliver off-exchange settlement for Deribit — link | tl;dr

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Brazil set to launch world’s first spot XRP ETF — link | tl;dr

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Binance.US resumes USD services — link

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US Senate confirms pro-crypto Howard Lutnick as Secretary of Commerce — link | tl;dr

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Strategy (MSTR) announces $2b Convertible Senior Notes offering — pr

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FTX plans next distribution for May 30, 2025 for customers with balances above $50K, , the registration date for the distribution is April 11 — pr

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CZ says Binance could sell a minority stake in the company 'over time' — link | tl;dr

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Standard Chartered, Animoca Brands and HKT establish joint venture to issue HKD-backed stablecoin — link

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SEC signals path to ending Coinbase lawsuit WSJ — link

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Osprey Funds submits draft registration statement to convert the Osprey Bitcoin Trust (OBTC) into an ETF — link

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Abu Dhabi's sovereign wealth fund bought $436 million of Bitcoin ETF in Q1 — link

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Citi explores adding crypto custody services: BBG

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