Crypto Exchange Trader Joe Booms on Arbitrum, Spurring JOE Token Rally

Trader Joe is seeing activity spike on its Arbitrum crypto trading venue.Source

That Binance Suit Sure Seems Bigger Than Just a CFTC Case

Between Coinbase, Binance, Justin Sun, Do Kwon and Custodia, there has been just so much news over the last week. And that’s largely just the U.S. But Binance is the most interesting, not only for what happened (the Commodity Futures Trading Commission sued it), but also for what didn’t (the Department of Justice hasn’t filed anything). Plus, the CFTC’s Tech Advisory Committee met last Wednesday.Source

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,’ CEO Says

A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.Source

The Algorand Foundation Branches Out to India

Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.Source

The Liability of DAOs and Their Founders Has Been Put to the Test in Court

Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.Source

First Mover Asia: Will CFTC’s Action Against Binance Benefit Crypto’s Asia Narrative?

Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress.Source

FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure

The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank or not.Source

Canada to Ask Pension Funds to Disclose Crypto Exposure

The budget for 2023 also includes that OSFI will consult federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.Source

NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon

The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.Source

Bitcoin Layer 2 Stacks’ Token a Top Performer in March

STX has gained 23% in March and is up 350% over the past year.Source