U.S. Treasury Secretary Yellen: The Crypto Market Structure Act needs to be passed this spring

Telegram refuses to delete 155,000 channels, Durov under criminal investigation in Russia

The Federal Security Service of Russia (FSB) has confirmed that a criminal investigation has been launched against Pavel Durov, co-founder and CEO of the instant messaging platform Telegram, on charges of allegedly assisting terrorist activities. The direct trigger for this investigation was Telegram's refusal to cooperate with Russia's removal requests, with the platform not removing a total of 155,000 violating channels, chat groups, and bots.

The Chairman of the UK National Security Council calls for a ban on cryptocurrency political donations to prevent foreign interference in UK elections.

UK National Security Council Chairman Matt Western Calls for Urgent Halt to Cryptocurrency Political Donations to Prevent External Election Interference and Calls for Source Verification of Donations. Western Has Written to Relevant Cabinet Ministers Urging Immediate Action to Address This Risk.

U.S. Treasury sanctions Russia's "Zero Day" operation: Exposure of stolen U.S. government cyber tools case

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced on February 25th sanctions against Russian exploitation broker Sergey Zelenyuk and his St. Petersburg company Matrix LLC (also known as "Operation Zero"). They are accused of selling stolen U.S. government proprietary network tools, marking the first enforcement case under the Protect American Intellectual Property Act to combat digital trade secret theft.

Bitcoin Depot, a Bitcoin ATM operator, will require identity verification for every transaction at the ATM.

Bitcoin ATM operator Bitcoin Depot will require customers to present identification when using ATMs in response to pressure from multiple state prosecutors and efforts to combat fraud, identity theft, and other crimes. This move comes amid allegations of involvement in scams targeting the elderly, and FBI data shows that cryptocurrency ATM fraud losses in the U.S. are projected to reach $333 million by 2025.

Must-Read for Programmers: Web3 Job Hunting — Avoid These Four High-Risk Gambling-Related Platforms

Author: Shao Shiwei Legal Team Xiao Wang is a software engineer at a major tech company. In recent years, he has been looking to break through his career bottleneck and explore new professional opportunities, leading him to consider transitioning into Web3. After communicating with headhunters and seeking internal referrals from friends in the industry, Xiao Wang has received several Web3 job offers. The job descriptions generally read: Design and develop core contracts for prediction markets (AMM, liquidity pools, settlement, arbitration models); Design and develop decentralized applications for gambling games; Urgently hiring Java engineers, with mandatory experience in perpetual contracts, matching systems, and more. Faced with terms like “perpetual contracts,” “on-chain gambling,” and “prediction markets,” Xiao Wang feels somewhat familiar but also senses something is off: the salary offered by the headhunters is quite attractive, significantly higher than his current income, and most importantly, remote work is possible. The digital nomad lifestyle has always been Xiao Wang’s dream. However, “these kinds of jobs involve

Confiscated Bitcoins Disappear Due to Poor Police Management... Urging the Development of Virtual Asset Management Strategies

The police have decided to reform virtual asset management due to Bitcoin disappearances, launching the "Virtual Asset Confiscated Property Management System Improvement Plan," which details management at each stage to ensure security. At the same time, the plan includes entrusting trusted providers to safekeep virtual assets and establishing management rules and manuals to address the severity of past management issues.