ZKasino Scammer Liquidated for $27M

️ On today's Top Picks:

Crypto News

• ⭐️ Tether $USDT considers launching new stablecoin that complies with pending US stablecoin regulations; believes USDT is perfected for emerging markets.

• Digital Asset Investment Products saw ~$240M of outflows last week; Bitcoin $BTC $207M outflows, Ethereum $ETH $37.7M outflows, Solana $SOL $1.8M outflows.

• CZ (Changpeng Zhao) joins Pakistan Crypto Council as strategic advisor; to help guide efforts on crypto infrastructure, education, adoption, and other pursuits.

• FTX to disqualify $2.5B in customer claims due to KYC failures; disqualified claims to be reallocated to those who have successfully claimed.

Alpha

• Fogo launches Flames leaderboard; launched Flames (points) last week; participate by staking PYTH, trading on Ambient, holding a Fogo Discord role, and/or engaging with Fogo X.

• Superboard launches two new quests for its MegaETH testnet campaign; MegaETH previously stated "...no airdrop for using public testnet..." on X.

• Gitcoin launches GG23 campaign on Galxe; donate to GG23 and claim an exclusive OAT.

• ICYMI Weekly Airdrop Recap by Earndrop.

Airdrops

• ⭐️ Mind Network launches $FHE airdrop eligibility & airdrop checker; CitizenZ Passport holders, mainnet contributors, community contributors, & more are eligible.

• Kernel posts "$KERNEL Homecoming-soon!" on X; to launch $KERNEL airdrop claim in April; airdrop eligibility & allocation checker is live.

• Gomble Games launches $GM Gomble Ecosystem Airdrop eligibility & allocation checker; top token holders of several Web3 games are eligible.

• ICYMI Hyperlane launches $HYPER airdrop eligibility & allocation checker; Hyperlane users are eligible.

Finance News

• ⭐️ US Federal Reserve holds closed board meeting amid global market crash.

• US White House says "90-day tariff pause" headlines are fake news; S&P 500 swung a total of ~$7 trillion of market cap in 30 minutes.

• US President Trump to impose additional 50% tariffs on China if it does not withdraw its 34% tariff increase by April 8th; China's stock market suffered its worst single-day crash since 2008.

• EU proposes 25% counter-tariffs on the US; EU Commission President Ursula von der Leyen recently said the EU is ready to discuss zero-for-zero tariffs with the US.

• Ark Invest buys $13.4M of Coinbase $COIN shares; COIN now the second-largest holding within the Ark Fintech Innovation $ARKF ETF.

• SoftBank $9984.T to raise $4.1B by issuing bonds to retail investors; proceeds to be used to redeem existing bonds & to cover a portion of the outstanding payment on the acquisition of shares of Arm.

Security and Exploits

• ⭐️ Google releases Android April 2025 security update; patches 62 vulnerabilities, including two zero-days exploited in targeted attacks.

• ⭐️ ZKasino Scammer liquidated for $27M on Hyperliquid trade; ZKasino team rugged $30M of user funds in April 2024.

Token Unlocks

• Kaspa $KAS / ~$9M / APR 07th
• Tensor $TNSR / ~$14M / APR 08th
• Saga $SAGA / ~$33M / APR 09th
• Movement $MOVE / ~$16M / APR 09th
Sourced from Tokenomist

Funding

• Cap raises $8M in Seed funding led by Franklin Templeton & Triton Capital.

The Degen Farmer