Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter.

Happy Fri-yay!

No, but really, we made it through the (short) week. Congrats.

Today we’re diving right into custodian safety, and David’s cooked up a few Easter Eggs for you all. Have a great weekend!

— Katherine Ross

Staying afloat

The FBI has a warning for crypto: North Korean hackers are on the prowl.

“North Korean malicious cyber actors conducted research on a variety of targets connected to cryptocurrency exchange-traded funds (ETFs) over the last several months. This research included pre-operational preparations suggesting…

Read more on Blockworks

Ethereum ETH/USD co-founder Vitalik Buterin on Thursday announced he will donate all proceeds from his cryptocurrency holdings, including Ethereum and Layer 2 tokens, to support the Ethereum ecosystem and broader charitable causes.

In a strategic shift, Buterin also stated he would cease investing in new token projects, opting instead for direct donations to valuable initiatives.

“I haven’t sold and kept the proceeds since 2018,” Buterin stated on social media platform X, addressing recent community discussions about founder token sales.

He emphasized that all his past sales have funded “various projects that I think are valuable, either within the Ethereum ecosystem or…

Read more on Benzinga

Transaction URL: https://etherscan.io/tx/0x16feb9da6699b12269fe34f7bc51d2e30e287ac6b918919aee726aae1bcef414

Telegram CEO Pavel Durov spoke out publicly for the first time since his arrest.

The CEO, who was arrested in Paris last week, claimed in a Telegram message to his channel that he was interviewed for four days after arriving in France. 

“I was told I may be personally responsible for other people’s illegal use of Telegram, because the French authorities didn’t receive responses from Telegram,” Durov said. 

He said that prior to the interrogation, he hadn’t received prior warning from the authorities about the inquiries, and neither had Telegram’s official point of contact in the European Union for such requests. 

Read more: Telegram CEO indicted in France

“As a French…

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Cryptocurrency markets are trading lower as spot Bitcoin ETFs witnessed a total net outflow of $37.2 million, marking it the sixth consecutive day of net outflows.

CryptocurrencyPriceGains +/-Bitcoin BTC/USD$56,274.68-2.8%Ethereum ETH/USD$2,376.69 -2.9%Solana SOL/USD$129.24-2.9%Dogecoin DOGE/USD$0.09784-0.3%Shiba Inu SHIB/USD$0.00001318-1.3%

Notable Statistics:

IntoTheBlock data shows a 7% fall in large transaction volume and transactions greater than $100,000 narrowed from 9,458 as of Sep. 3 to 8,371 as of Sep. 4. Exchanges netflows dropped by around 75%.

Coinglass data noted 31,860 traders were liquidated in the past 24 hours as total liquidations stood at $81.24… Read more on Benzinga

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter.

Welcome to the On the Margin Newsletter, brought to you by Ben Strack, Casey Wagner and Felix Jauvin. Here’s what you’ll find in today’s edition:

What to watch for when perhaps the most important jobs report of the year drops tomorrow. 
Trump’s mention of crypto (and a task force proposal) during a speech at the Economic Club of New York. 
A look at the Fed’s cease-and-desist order that a crypto advocacy group is “investigating.” 

What to expect before the most important jobs report of the year

Tomorrow will…

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