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Latest from Elizabeth Napolitano
ZB Exchange Loses Nearly $5M in Suspected Hack, Pauses Withdrawals
The self-titled “world’s most secure” exchange may be the third crypto company to suffer a multimillion-dollar exploit this week.

Lending Platform Vires.Finance Gets Go-Ahead for Repayment Plan
Waves governance token holders have voted to give investors a choice between moving forward with withdrawal requests or waiting until market conditions improve.

Sky Mavis Denies Wrongdoing After YouTube Sleuth Links Unusual Transaction to Company’s CEO: Report
About $3 million worth of AXS tokens were moved from CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit.

Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans
A joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”

Komainu Receives Provisional Virtual Assets License in Dubai
The digital assets custodian joins prominent crypto companies including exchanges FTX and Binance in getting clearance.

Texas GOP Aims to Enshrine Crypto in State’s Constitution
The Lone Star State is already an important crypto mining hub, and Republican officials appear ready to try build on that momentum.

Crypto Lender Vauld Files for Protection From Creditors
The Singapore-based company had recently suspended withdrawals and begun laying off staff.

US Justice Department Seizes $500K in Ransom Payments and Crypto From North Korean Hackers
Deputy Attorney General Lisa Monaco said the FBI has identified a new type of ransomware used by the state-sponsored hackers.

‘Crypto and DeFi Won’t Disappear’: Hong Kong Monetary Chief
Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.

The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts.
