Here’s what happened in crypto today
In today's crypto news, key developments include the Ethereum Foundation orienting its focus towards user experience and layer-1 scaling, with Vitalik Buterin taking a more research-oriented role. This change aims to promote long-term innovations and align the community with the organization’s core values. Bybit CEO Ben Zhou reported that two-thirds of the funds stolen by North Korea’s Lazarus Group during a February hack are traceable; specifically, 68.6% of $1.4 billion remain tracked while portions have gone dark or frozen. A significant conversion of stolen Ether to Bitcoin has also occurred. Additionally, the Bitget exchange addressed irregular trading activity in VOXEL-USDT perpetual futures contracts, stating that they will roll back affected accounts and compensate traders. The Bitget CEO assured users of their fund's safety, backed by a $300 million protection fund, in light of the incident's impact on the market.
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