Today in crypto, Ripple made headlines with a $4 billion to $5 billion bid to acquire stablecoin issuer Circle, which was rejected as too low. The bid followed Circle's recent IPO in the US, though Ripple has yet to indicate if it will pursue another offer. In another development, an elderly US citizen fell victim to a $330 million Bitcoin heist, marking it as the fifth-largest crypto hack recorded. This attack utilized advanced social engineering tactics to compromise the victim's wallet, leading to the swift laundering of the stolen Bitcoin through various exchanges. Furthermore, a court ruled that the US Treasury's Office of Foreign Assets Control (OFAC) cannot enforce sanctions against Tornado Cash, deeming their actions unlawful. Additionally, the SEC has postponed its decisions on proposed Dogecoin and XRP ETFs until June, following requests from multiple US exchanges.

Source 🔗