The pace in the crypto industry is slowing down as industry participants take well-deserved time off as we approach Easter. Still, we see some interesting developments, especially on the regulatory side.
The US Government suspects that a North Korean hacking group was behind last month's $600M Ronin exploit. Unrelated, an Ethereum developer was sentenced to five years in prison for teaching crypto to the North Korean government in 2019. The latest in the EU's streak of increasingly stringent sanctions is a ban on high-value crypto services to Russia.