Daily Recap — April 22

Lead stories

Due to new regulations in Russia, crypto holders may effectively be pushed into a “gray zone” — transactions are allowed only through intermediaries, while non-custodial wallets are largely excluded ⚖️

Pavel Durov received a notice as a “suspect” at an address in Russia where he lived about 20 years ago

Global adoption of Bitcoin is now around 3% — comparable to the early internet adoption level in the 1990s

Hackers breached another DeFi project, Volo Protocol, stealing about $3.5M

Google is urgently assembling a strong AI team led by Sergey Brin to catch up with Anthropic and accelerate AI agent development

Justin Sun has filed a lawsuit against World Liberty Financial after the project froze $75M worth of his WLFI tokens

Changpeng Zhao (CZ) received the first printed copies of his book “Freedom Money”

Mastercard joined the Blockchain Security Standards Council, which develops security standards for blockchain and the crypto industry

LayerZero is reportedly one of the bridges actively used by Lazarus Group to launder stolen crypto

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