A crypto trader lost almost $50 million after swapping $50 million USDT for AAVE on the Aave interface, receiving only 324 tokens due to extreme slippage. The trade triggered warnings beforehand, but the user confirmed it, and the transaction executed as requested with no hack or protocol error.
AnaisSouth Korea’s National Tax Service is building an AI-powered system to track cryptocurrency transactions and detect potential tax evasion. The platform, costing around $2 million, will be ready by December 2026 to support a new tax on crypto profits starting January 2027.
WeatherlyJPMorgan Chase is facing a class-action lawsuit claiming it enabled a $328 million crypto Ponzi scheme by Goliath Ventures, which affected over 2,000 investors. The complaint alleges the bank ignored warning signs while processing deposits, transfers, and payments that funded the fraudulent operation.
AnaisRevolut has received a full UK banking licence from the Prudential Regulation Authority. The approval allows it to offer protected deposit accounts and expand into lending services for its 13 million UK customers.
WeatherlyTOKEN2049 Dubai has been postponed to 21–22 April 2027 due to regional tensions affecting safety, international travel and event logistics. Another crypto gathering, TON Gateway Dubai, has been cancelled entirely as security concerns grow across the Middle East.
AnaisThe SEC has permanently dropped its civil case against BitClout founder Nader Al-Naji, clearing him of alleged fraud and misuse of investor funds. This follows the DOJ’s earlier decision to drop a related criminal charge and comes after a review by the SEC’s crypto task force.
WeatherlyChina’s Internet Finance Association warned that the OpenClaw AI agent platform has major security risks due to weak default settings and exposed systems. Authorities urged users and organisations to strengthen security controls and avoid unsafe deployments.
AnaisAave will add a feature called Aave Shield after a user lost about $50 million in a token swap due to extremely low liquidity. The trader received only about $36,000 worth of tokens after confirming the trade despite several warnings.
WeatherlyAustralia’s financial regulator ASIC warned young investors not to rely solely on social media or AI for financial advice, as these sources can be unreliable and risky. A survey found that 23% of Gen Z own crypto, with many making trades based on influencer content or short-term speculation.
AnaisImages collected through Pokémon Go gameplay have created a dataset of more than 30 billion real-world images. Niantic Spatial is now using this data to help delivery robots from Coco Robotics navigate cities.
Weatherly