DeepNewz

Regulation & Politics
Binance Requires KYC Re-Verification for All New and Existing Users in India to Comply With AML Rules and Ensure Data Security
Binance, a leading cryptocurrency exchange, has mandated that all users in India, both new and existing, must undergo KYC (Know Your Customer) re-verification to comply with updated anti-money laundering (AML) regulations

Blockchains
Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M Inflows
The stablecoin market has surpassed a total capitalization of $233 billion

Hacks
Crypto Exchange eXch to Shut Down May 1 Amid $1.4B Bybit Hack, Lazarus Group Links, and DOJ Whistleblower
Cryptocurrency exchange eXch announced it will cease operations on May 1, 2025, following allegations that it was used to launder funds linked to the $1

Hacks
North Korean Hackers Target Manta Network Co-Founder with Fake Zoom Call Phishing Attack
Kenny Li, co-founder of Manta Network, an Ethereum layer-2 project, reported being targeted in a sophisticated phishing attack believed to be orchestrated by the Lazarus Group, a North Korean state-backed hacking unit

Markets
Michael Saylor’s Bitcoin Strategy Drives 2,466% MSTR Surge, Outperforming Nvidia, Tesla, Google, Apple, and Microsoft
Michael Saylor's investment strategy, centered on Bitcoin, has outperformed major technology companies including Nvidia, Tesla, Google, Apple, and Microsoft

Blockchains
Spar Tests Bitcoin Payments in Zug, Switzerland Across Its 13,900 Stores in 48 Countries
Spar, a global grocery chain with 13,900 stores across 48 countries, has begun testing Bitcoin and Lightning Network payments in Zug, Switzerland

Regulation & Politics
Oregon Attorney General Dan Rayfield Plans Lawsuit Against Coinbase Over Unregistered Securities Exchange Charges
Oregon Attorney General Dan Rayfield has announced plans to pursue legal action against Coinbase, alleging that the cryptocurrency exchange operated as an unregistered securities exchange and broker-dealer

Regulation & Politics
Vietnam's Finance Ministry Partners With Bybit CEO Ben Zhou to Launch Crypto Trading Pilot in May and Develop Regulatory Framework
Vietnam's Ministry of Finance has partnered with cryptocurrency exchange Bybit to launch a pilot program for crypto trading and to develop a regulatory framework for the country's large crypto user base

Markets
Galaxy Digital Deposits 62,181 ETH ($99M) to Binance and Coinbase, Withdraws 150,221 SOL ($58M), Sells ETH for SOL
Over the past six days, Galaxy Digital has deposited a total of 62,181 Ethereum (ETH) tokens, valued at approximately $99

Regulation & Politics
Arizona's SB 1373 Bitcoin Reserve Bill Nears Final Vote, Faces Veto Threat from Governor Hobbs
Arizona's Senate Bill 1373, known as the Digital Assets Strategic Reserve, has passed the House Committee of the Whole and is now awaiting a final floor vote





