Latest from Elizabeth Napolitano
DeFi Protocol Curve.Finance Gets Hacked and $570K Is Stolen
The source of the hack has been “found and reverted,” according to the protocol.

Canadian Regulators Probing Crypto Lender Celsius Network Alongside US: Report
Authorities are looking at what impact the firm’s multibillion-dollar collapse had on users.

BitMEX Executive Pleads Guilty to Violating US Anti-Money Laundering Program
A federal court in New York previously sentenced the firm’s co-founders to probation time and fines.

In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Do employees see Kraken as a “based” place to work, or just somewhere to ride out the bear market?
![CEO Jesse Powell says he's trying to insulate Kraken from “people who basically [think] if you don’t agree with them you’re evil.” (Kraken)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F4b5920a655bba68af7143048063997d5da82339b-1440x1080.jpg%3Fauto%3Dformat&w=1080&q=75)
Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation
The website “toggled off” double-counting after CoinDesk uncovered one Solana developer’s effort to fool the all-important metric for popularity in DeFi.

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.
