🥳 UBS is reported to lay off up to 36,000 employees following its takeover of Credit Suisse.

👀 In March, ARK Fund reduced their assets by about 100,000 #GBTC arctrace

🇨🇭👀 Swiss prosecutors launch investigation into acquisition of UBS Credit Suisse

📉👀 #ARB The Arbitrum Foundation began selling ARB tokens even before its governing community of token holders “ratified” the organization’s budget of almost $1 billion, which caused controversy in the community.

A week ago, Arbitrum sent out ARB Governance Tokens to hundreds of thousands of wallets to empower holders to make important decisions. The first of these was apparently AIP-1, a comprehensive package that covered everything from governance and emergency powers to funding and grants.

According to offer, The Foundation receives 750 million ARB (about $1 billion) to use without the approval of token holders. forum.arbitrum

📉👀 #ARB ARB holders voted against. Now they have stated that the vote was a formality, and they have already spent 50.5 million (6.7%) of the proposed 750 million ARB

Of that 50.5M ARB "spent" by the DAO, it looks like 50M ARB was sent to Wintermute (most via a Binance deposit address) and 500K ARB was sent to Gnosis Safe

📊📈 $BUSD The number of exchange deposits (7-day moving average) just reached ATH 90.339 The previous ATH 90.315 was observed on March 29, 2023 Viewing the metric: https://t.co/1UxsR5S1Xk https://t.co/2qkFtV0m1y #analysis @cryptoattackbot

🍿👀 #ARB Arbitrum answers: The fund did not sell 50 million tokens,
provided 40 million ARB as a loan to market makers; the remaining 10 million were converted into fiat and used to cover operating expenses.

In addition, Arbitrum emphasized that compared to Polygon, Starknet, Solana, Optimism, Avalanche and others, the share of tokens owned by the fund (7.5%) is less.

👀 #ABR CZ: BNB Chain identified the Allbridge attacker after analyzing the chain. We actively support the Allbridge team in the restoration of the fund. The Allbridge team offered the hacker a reward. We'd like to acknowledge AvengerDAO's recovery efforts.

🚀 Weekly leaderboards

🍿👀 #ARB Lookonchain: 2.694 billion ARB (shared between Offchain Labs Team and Future Team + Advisors) was transferred yesterday to ～140 EOA addresses via address “0x1e70”.

But according to the documents, all investors and teams Arbitrum tokens have a 4-year lockup period.

Blockchain data shows that the address "0x8d45" transferred 22.56 million ARB ($28 million) to Coinbase upon receipt. Obtained for other ARB addresses can be transferred to the exchange for sale at any time without code limitation.

🇬🇧 Bloomberg: Cryptocurrency companies are having difficulty accessing banking services in the United Kingdom at major banks such as HSBC, natwest and others

🍒 The main things for the weekend, as well as macro and crypto events for tomorrow:

https://t.iss.one/cryptoattack/19703

🥳👀 #ARB Arbitrum Foundation cancels voting and promises to repeat after ARB token holders rebellion

“AIP-1 is too big and covers too many topics. We will follow the advice of the DAO and split the AIP into parts,” said the community leader under the nickname Eli_Defi on the Discord Arbitrum server.

💰👀 #ACH Cryptocurrency payment provider Alchemy Pay receives $10 million investment from DWF Labs coindesk.com

🇺🇸🏦 The US banking industry experienced a $100 billion deposit outflow last week, mostly from large banks

👀 #DZOO Degen Zoo: The project code is safe, we are considering adding a proxy contract to prevent possible re-problems tg

🇭🇰👀 #BIT Bybit builds its core Asian business in Hong Kong and plans to apply for a local license wsj.com

🕹🇯🇵 The Japan Financial Services Agency issued a warning to Bybit, MEXC and 4 other crypto exchanges for offering crypto trading without registration based on administrative regulations. #regulation coinpost.jp

⚠️👀 Warning: hackers use Sunflower (remote control program) vulnerability to steal digital assets from wallets, it is recommended to delete twitter.com

💰👀 ZYJ Labs and 7 O'Clock Capital Jointly Launched $10M Web3 Development Fund