Daily Summary — April 17

Lead stories

The Russian government has submitted a bill to the State Duma proposing up to 4 years of imprisonment for violations of cryptocurrency legislation.

Reports are warning about a new wave of fake Ledger devices being массово sold through Chinese marketplaces disguised as original products.

Investors have filed a class-action lawsuit against Circle following the $280M hack of Drift Protocol.

Telegram is testing new methods to bypass restrictions, which explains the partial “unblocking” of the app. As in 2018, the messenger has begun distributing hidden MTProxy servers via push notifications to premium users, and disguising traffic as services like Google, Steam, Apple, and others.

A lecturer from Beijing, Jiang Xueqin, claimed that Bitcoin may have been created by the Central Intelligence Agency or DARPA.

A court in Lipetsk Oblast ordered the owner of an illegal mining farm to pay nearly 9,000,000 rubles for unauthorized use of ASIC miners in two garages.

The Ministry of Foreign Affairs of Iran stated that during the ceasefire in Lebanon, the Strait of Hormuz is fully open to all commercial vessels.

After several visits by Changpeng Zhao, Kyrgyzstan is preparing to host Justin Sun as well.

A State Duma committee recommended revising the crypto law and separately defining rules for non-custodial wallets — meaning storing crypto without exchanges or intermediaries.

Kraken is acquiring derivatives exchange Bitnomial for $550 million.

Also available in