$150M Cosmos Vulnerability Patched

️ On today's Top Picks:

Crypto News

• US DOJ argues CZ should spend three years in prison & pay $50M fine.

• ⭐️ US SEC asks court to impose $5.3B fine against Terraform Labs & Do Kwon.

• Ripple $XRP files opposition to SEC's proposed $2B fines.

• Hong Kong Bitcoin $BTC & Ethereum $ETH ETFs to start trading April 30th.

• Samourai Wallet founders arrested & charged with money laundering.

• OneCoin scheme leads to another person being charged for hiding source of funds.

• Renzo $ezETH temporarily depegs following announcement of Renzo $REZ tokenomics.

• Gitcoin Grants 20 is live on Arbitrum until May 7th.

Alpha

• Reya Network liquidity generation event (LGE) by Earndrop.

• Safe introduces Safe{Pass} activity program where users can earn points for Safe interactions.

• ⭐️ Aleo states, "...launch a final testnet in May." in April community call.

• Polymer Labs launches Polyverse Phase 2 for one week.

• Movement Labs posts, "gmove. soon." on X.

• Slingshot teases announcement with "Reloading" post on X.

• Gitcoin Passport launches Stamp and score weight changes.

Airdrops

• ⭐️ Renzo updates $REZ claim date & tokenomics following community feedback.

• Safe $SAFE token contract unpaused & now transferable.

• Starknet Provisions portal allows pooled stakers & mislabeled StarkEx users to claim $STRK.

• LayerZero posts, "...the timeline for TGE is drawing closer." on X.

• Mode launches DevDrop NFTs that will be distributed to users.

• Unicorn airdrops $UNICORN to Berachain Bit Bears & Honey Jar NFT holders.

Finance News

• EU anti-money laundering bill passes final vote which will affect CEXs.

• Russia to seize $440M from JPMorgan $JPM in connection with VTB lawsuit.

• Goldman Sachs $GS & Bank of America $BOC shareholders reject CEO-Chair split proposals.

• IBM $IBM to acquire HashiCorp $HCP in $6.4B deal amid Q1 2024 revnue missing expectations.

• US FTC bans non-compete agreements in employment contracts.

• US DOT requires airlines to refund automatically for canceled & delayed flights.

Security and Exploits

• ⭐️ Asymmetric Research discovers Cosmos ~$150M reentrancy bug that has now been patched.

• SlowMist warns that Lazarus group is reaching out to targets via LinkedIn.

• El Salvador Bitcoin Wallet suffers source code & VPN access leak.

• Magpie Protocol advises users to revoke approvals for Magpie contracts due to exploit.

Token Unlocks

• Euler / 72.15K $EUL / ~$342K / APR 25
• Yield Guild Games / 16.69M $YGG / ~$15.7M / APR 27
• SingularityNET / 8.9M $AGIX / ~$8.8M / APR 28
• Optimism / 24.16M $OP / ~$60.4M / APR 29

Funding

• Alliance receives strategic investment from Founders Fund.

• Turnkey, a wallet infrastructure; raises $15M in Series A funding led by Faction & Galaxy.

• Puffverse, a metaverse & cloud gaming platform; raises $3M in funding led by Animoca Brands.

• Moso, an online shopping crypto rewards platform; raises $2M in Seed funding.

• Uncharted, a crypto gamification layer; raises $1.7M in Strategic funding led by Shima Capital.

The Degen Farmer