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Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.
Also: Hackers Use Ethereum Smart Contracts to Hide Malicious npm CodeSwissBorg $41M hack, hidden malicious npm code, sanctions on Southeast Asian networks, California launderer's sentencing, Kinto's shuttering, Venus Protocol pays back victim, Nemo Protocol hack, DOJ's $5M recovery effort, Lagarde's proposed rules and the SEC-CFTC plan for market clarity.
Also: US Govt Seeks Return of Hack Funds to Bitfinex; Mango Markets ShutsThis week, BitMEX fined $100M, prosecutors sought return of Bitfinex funds, Mango Markets shut, a Web3 attack method; pastor charged in crypto scam, CFPB proposed firms refund hack victims, 2024 crime stats, Wolf Capital co-founder's guilty plea, Thai Bitcoin miners seized and a New York AG lawsuit.
Crypto winter also attributed to semiconductor slumps in recent quarters Canalys Forums APAC Canalys CEO Steve Brazier has proposed that cloud vendors should have similar accountability to credit card companies when accounts are hacked and used to mine cryptocurrency.…