A US court has ordered the confiscation of 279 virtual currency accounts containing proceeds from North Korean hacker crimes. US District Court Judge Timothy Kelly in Washington, DC approved the federal prosecutor's request for a summary judgment on these accounts and ordered their confiscation on May 8. This ruling means that these accounts are now under the control of the US Department of Treasury.

Bithumb has issued a preliminary notice of comprehensive income tax to some users who participated in activities held between 2018 and 2021, and announced full support for the related tax amount. The position of the National Tax Service is that rewards paid to users through various activities (including virtual assets) constitute taxable income. Bithumb does not agree with the National Tax Service's opinion, but explains that taxation is mandatory.

The US House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission's SAB 121 regulation on digital assets. The resolution aims to reduce regulatory burden and promote regulated banks to safely hold digital assets. However, the White House supports the SEC and has threatened to veto the resolution, emphasizing that if the President receives H.J. Res. 109, he will veto it.

Binance Holdings Ltd, a cryptocurrency exchange, has been fined CAD 6 million (approximately USD 4.4 million) by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating anti-money laundering regulations. The report states that Binance was penalized for failing to register as a foreign money services business and for not reporting virtual currency transactions exceeding CAD 10,000. The fine was issued on Tuesday of this week, and the Canadian regulatory agency announced the news to the public on Thursday.

In Ethereum, resources were up until recently limited, and priced, using a single resource called "gas". Gas is a measure of the amount of "computational effort" needed to process a given transaction or block. Gas merges together multiple types of "effort", most notably:

The article is divided into two sections: the main dialogue between the host and Sam, and the Q&A session where community users ask questions about AO.

Everything you want to know about the $HALO token

This report examines Core Chain’s pivotal role in enhancing Bitcoin’s functionality, focusing on the core competencies of the Satoshi Plus Consensus mechanism, non-custodial BTC staking, and EVM compatibility.

Crypto market saw decreased funding in April, signaling cautiousness among investors. Notable fundraises: Monad, Berachain, Auradine, Movement, Burnt.

Arweave's data from last week: The mainnet completed a total of 218,035,351 transactions, achieving 1.12 TiB of storage in a single week. This week, the storage cost is 0.748 AR/GiB, and there has been an increase of 659 on-chain addresses.