The crypto market is both a passive recipient and an active variable in this game.

Movement Labs and Movement Network are investigating following issues with market makers last month, when Binance delisted an unnamed market maker for “inappropriate behavior” with the MOVE token. A Movement Labs spokesperson confirmed: “The Movement Network Foundation is conducting a third-party review of recent unusual market maker behavior, which is a standard best practice to ensure full transparency and accountability. It would be inappropriate to speculate on the outcome of the review or actions that may or may not be taken. Business is proceeding normally during the review.”

Crypto exchange OKX announced that its centralized crypto exchange and OKX wallet have officially launched in the United States, and it has established a regional headquarters in San Jose, California. US customers can now use its platform, and OKX will continue to launch new features throughout the year. In this expansion, existing OKCoin customers will be seamlessly migrated to the OKX platform, and new customers will be accepted in phases, with plans for a full nationwide rollout later this year.

The U.S. Securities and Exchange Commission (SEC) has concluded its multi-year review of Coinbase’s financial disclosures and has not required the company to make any revisions or restatements. The news was confirmed in an SEC letter shared by Coinbase Chief Legal Officer Paul Grewal. In a social media post published on April 15, Grewal emphasized that the resolution was reached after more than two years of communication with the SEC’s corporate finance department.

Janover Inc., a US-listed company, announced on April 15 that it has purchased 80,567 Solana (SOL) worth approximately $10.5 million. This is the third execution under its newly adopted digital asset library strategy. The purchase brings the total Solana held by Janover to 163,651.7, worth approximately $21.2 million (including staking rewards). The company will immediately begin staking its newly acquired SOL to generate revenue while supporting the Solana network.

NFT collectibles project CyberKongz announced that the U.S. Securities and Exchange Commission (SEC) has ended its investigation into it. This is the latest investigation into such projects by the SEC since President Donald Trump took office earlier this year. On Tuesday, CyberKongz posted a message on the X platform to confirm that the SEC's investigation has officially ended and revealed that it will launch a "brand reshaping" plan. "For CyberKongz, the shackles have been lifted," the company said. "We have been preparing for this for a long time. Soon, we will announce a comprehensive rebranding plan and new development direction."

The investigation showed that the administrator address of the airdrop contract (0x8428…587D) was compromised, and the attacker called the sweepUnclaimed() function to illegally mint about 111 million ZK tokens from three airdrop contracts, accounting for about 0.45% of the total supply. The incident was limited to the airdrop distribution contract, and the ZKsync protocol and its token contracts, governance contracts, and authorized minters were not affected.

According to the official announcement of ZKsync, the security team discovered that an administrator account of the airdrop contract was leaked, and the attacker controlled and sold about 5 million US dollars of unclaimed ZK airdrop tokens. The incident was caused by the leakage of a single key, which did not affect the protocol itself and the ZK token contract, and user funds are always safe. The official investigation is underway and a detailed report will be released later.

Infrastructure project Optimum announced the completion of a US$11 million seed round of financing, led by 1kx, with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others.

Ethena has reached an agreement with the German financial regulator BaFin to close all operations of its German subsidiary Ethena GmbH and no longer apply for MiCAR authorization.

How did Grass stand out among the DePIN projects?