ZKasino Rugs $33M

🚨 ZKasino ETH Controversy

Major Funds Transfer: ZKasino users were alarmed as $33M of their bridged ether was unexpectedly sent to Lido, sparking fears of a rug pull.

User Reactions: Community members are demanding refunds, fearing loss of funds, as they weren't informed prior to the transaction.

Call for Transparency: The unexpected transfer has prompted calls for greater transparency and regulation in the DeFi sector to prevent similar incidents. Read More.

️ On today's Top Picks:

Crypto News

• ⭐️ SEC lawyers resign after judge blasts SEC for abuse of power in crypto fraud trial.

• Mt. Gox creditors report payment updates on claims system.

• Kraken acquires cryptocurrency arm of TradeStation amid US expansion.

• FTX Investors agree to settle case against SBF in exchange for cooperation against celebrities.

• Hong Kong Police arrest 72 people in connection with JPEX rugpull.

• Thailand to block access to unauthorized crypto platforms citing solving the problem of online crime.

• Celo choose Optimism's OP Stack for transition to Ethereum Layer 2.

Alpha

• BOB (Build on Bitcoin) Mainnet to launch on May 1st.

• Zircuit posts, "mainnet loading ██████▒▒▒▒ 60%," on X.

• Reya Network liquidity generation event (LGE) is live.

• Bebop adds support for Optimism.

• Wildcard releases First Anniversary NFT to Genesis Wildpass holders.

Airdrops

• ⭐️ Safe $SAFE token generation event (TGE) & airdrop is tommorrow.

• Blast Gold Distribution 2 (10M) will be sent to dapps this week.

• Friend Tech teases "something new" coming soon on April 29th.

• ICYMI Evo Exchange Airdrop Strategy by Earndrop.

Finance News

• ⭐️ Russia & China near-completely ditch US Dollar in bilateral trade.

• Donald Trump to receive ~$1.25B of Trump Media $DJT shares due to earnout bonus.

Security and Exploits

• ⭐️ ZKasino rugs and sends $33M of user funds to Lido.

• Microsoft warns North Korean hackers are using AI for cyber operations.

• Kaspersky uncovers threat group, ToddyCat; targeting government and military entities.

• Researchers uncover Windows flaw that grants threat actors rootkit-like capabilities.

• RedLine Stealer malware new variant disguises itself as video game cheats.

Token Unlocks

• Cartesi / 21.43M $CTSI / ~$4.6M / APR 23
• Acala / 4.66M $ACA / ~$550K / APR 25
• Euler / 72.15K $EUL / ~$335K / APR 25
• Yield Guild Games / 16.69M $YGG / ~$16M / APR 27
• SingularityNET / 8.9M $AGIX / ~$7.5M / APR 28
• Optimism / 24.16M $OP / ~$59M / APR 29

Funding

• ⭐️ Shiba Inu, a memecoin & future Layer 3 blockchain; raises $12M in funding.

• Othentic, an infrastructure for shared security networks; raises $4M in Seed funding co-led by Finality Capital Partners & Breyer Capital.

• Only1, an only-redacted clone on Solana; raises $1.3M in Strategic funding.

The Degen Farmer