FBI Warning: Fake Tokens Impersonating Official on Tron Network

Philippines SEC Warns Against dYdX and Six Other Unregistered Crypto Platforms

Gate News message, April 21 — The Philippine Securities and Exchange Commission (SEC) has warned the public against using dYdX and six other cryptocurrency platforms, stating they are not registered or authorized to solicit investments from local users. The warning aims to protect Filipino

KelpDAO $290M Exploit Attributed to North Korea's Lazarus Group

LayerZero attributed a $290 million exploit of KelpDAO's cross-chain rsETH configuration to North Korea's Lazarus Group on April 18, describing the attacker as a "highly-sophisticated state actor." According to LayerZero, the incident was limited to KelpDAO's rsETH setup and did not spread to other

Fraudsters Posing as Iranian Authorities Demand Bitcoin, USDT Payments from Ships at Strait of Hormuz

Gate News message, April 21 — Scammers impersonating Iranian authorities have targeted shipping companies with vessels stranded west of the Strait of Hormuz, demanding Bitcoin and Tether (USDT) payments in exchange for safe passage, according to maritime risk firm Marisks. The fraudsters

Philippines SEC Warns Against 7 Unregistered Crypto Trading Platforms Including dYdX, Orderly

Summary: SEC Philippines warns about seven unregistered crypto platforms (dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, Ostium) under CASP; promoters may face fines up to PHP 5 million or 21 years' jail. Abstract: The Philippines’ SEC issued an investor warning identifying seven unregistered cryptocurrency trading platforms (dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, Ostium) not registered under the Crypto Asset Service Provider framework. It cautions that promoting these platforms in the Philippines may incur criminal liability, with penalties including fines up to PHP 5 million and up to 21 years’ imprisonment.

Arbitrum Security Council Freezes 30,766 ETH From KelpDAO Exploit, 9 of 12 Members Vote in Favor

Arbitrum froze 30,766 ETH from the KelpDAO hack, worked with law enforcement, and recovered about a quarter of assets, while locking funds pending governance amid decentralization versus security debates. Abstract: This article reports that the Arbitrum Security Council froze 30,766 ETH (about $70 million) tied to the KelpDAO exploit, with nine of twelve votes, and moved funds to a secure wallet in coordination with law enforcement. The operation targeted only affected assets to minimize network disruption. The exploiter is suspected to be DPRK-associated. The breach began April 18 via a LayerZero-powered bridge, draining 116,500 rsETH (~$292 million). About a quarter of stolen assets have been recovered. The frozen funds will remain locked until governance and legal authorities decide the next steps, prompting debate over decentralization versus security.

Korean National Tax Service Launches Crypto Tax-Evasion Crackdown in July: Even Self-Custody Wallets and Mixing Services Can Be Traced

According to a report by ZDNet Korea, South Korea’s National Tax Service (NTS) issued on April 15 a procurement notice for a “virtual asset tax evasion response and transaction tracking software,” with plans to complete system selection by the end of May, deploy it in June, and officially launch it in July. The new system will be able to track self-custodied (non-custodial) wallets such as MetaMask and Phantom, and will include “demixing” technology to enforce tax evasion against offenders who use mixers to conceal the flow of funds. This is the third upgrade to South Korea’s crypto tax investigation tracking system since 2024. In conjunction with new tax legislation that, starting in 2026, will formally bring crypto assets under taxation under the “Other Income” category of the comprehensive income tax, enforcement tools are being upgraded at the same time to improve collection efficiency. Procurement scope: Chainalysis and TRM