High Stakes: Potential Prisoner Swap Involving Crypto Exchange Co-Founder and Journalist

Crypto Landscape Update: From Reduced Hacks to Prisoner Swap Possibilities ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.10T (-1.47%) 24 Hour Volume $34.73 (+20.45%) Notable Movers[(RNDR) $2.73]( (+8.37%) Notable Movers (DeFi)[(LDO) $2.02]( (+4.17%) Bitcoin Dominance 46.14% [(-0.17%)]( Bitcoin Price[(BTC) $26,245.23 (-1.70%)]( Ethereum Price[(ETH) $1,786.61 (-1.54%)]( Cardano Price[(ADA) $0.3582 (-2.08%)]( Today’s Top Stories [Crypto Exchange Co-Founder Could Be Part of Prisoner Swap for WSJ Journalist]( Alexander Vinnik, the co-founder of the defunct Russian exchange BTC-e, is hopeful about a potential prisoner exchange involving himself and a captured Wall Street Journal journalist, according to recent reports. Vinnik faces money laundering charges in the US, with accusations of operating BTC-e, a crypto exchange involved in criminal activities such as identity theft and money laundering. [Terraform Labs Co-Founder Do Kwon’s Bail Revoked]( Former Terraform Labs head Do Kwon, who is facing charges of forging official documents, has had his bail revoked and is now in custody in Montenegro. Kwon is also indicted in the US for securities fraud, wire fraud, commodities fraud, and conspiracy related to a multibillion-dollar scam. [MULTI Experiences 30% Sell Off Due to Delayed Transactions]( Multichain's MULTI token experienced a 30% price drop due to a backend node upgrade delay, leading to disruptions in transactions and rumors of the team's arrest by Chinese police. [Report: Crypto Hacks Drop 70% in First Quarter of 2023]( Crypto protocol attacks and hacks decreased by 70% in Q1 2023 compared to the same period last year, with lower stolen amounts and victims recovering over half of their funds. While the decline may be temporary, improved security measures and industry collaboration are contributing to a more secure crypto ecosystem. [Japan To Implement Stricter Rules on Crypto Exchanges]( Japan will implement stricter anti-money laundering (AML) measures for cryptocurrency transactions from June 1, including the enforcement of the "travel rule" to share customer information for transfers exceeding $3,000. These measures aim to align Japan's crypto regulations with global standards and enhance transparency in the industry. [Read The Full Newsletter]( [What Is the Greater Fool Theory in Investing and Does It Apply to Crypto?]( What Is the Greater Fool Theory in Investing and Does It Apply to Crypto? The Greater Fool Theory is built on the premise that there will be someone willing to pay more for the same asset, regardless of fundamentals. [Read More]( [Bitcoin 2023 Miami: Ordinals and Politicians Bring The Heat to Marquee Bitcoin Conference]( Bitcoin 2023 Miami: Ordinals and Politicians Bring The Heat to Marquee Bitcoin Conference A recap of what went down at the flagship Bitcoin Miami 2023 conference. [Read More]( Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2023 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States