South Korea is raising the bar for crypto exchanges by aligning them more closely with traditional financial institutions. Exchanges will now be required to appoint dedicated risk management officers and establish formal risk committees, while compliance checks will increase in frequency.

Industry body DAXA is expected to finalize self-regulatory updates soon, with many of these requirements feeding into the country’s upcoming Digital Asset Act. The reforms signal a shift toward stricter oversight and institutional-grade standards, as regulators seek to rebuild trust in the wake of recent failures.

Under the new framework, crypto exchanges in South Korea must implement automated balance checks every five minutes, along with alert systems and automatic trading halts if discrepancies are detected. Monthly external audits will now replace quarterly reviews, and exchanges must provide more detailed transparency on their blockchain holdings.

Additionally, high-risk transactions—such as promotional payouts—must go through stricter controls, including separate accounts, automated validation systems, and third-party verification. These measures aim to prevent large-scale errors and improve overall system reliability.

Financial Services Commission has introduced strict new regulations requiring crypto exchanges to verify user balances every five minutes. The move follows a major incident where Bithumb mistakenly distributed 2,000 BTC per user instead of a small promotional reward—resulting in a staggering $42 billion error.

The incident exposed serious weaknesses in exchange systems, including delayed reconciliation processes and lack of safeguards. Regulators responded with emergency inspections, uncovering widespread operational risks across multiple platforms and prompting immediate reform.

The fallout from the Libra token collapse continues to unfold, with federal prosecutors investigating the case and naming Javier Milei as a person of interest. Argentine lawyers have filed fraud-related charges, which could carry serious legal consequences if proven.

Although Argentina’s Anti-Corruption Office previously cleared Milei of ethics violations, new evidence—including a draft document suggesting a possible $5 million agreement tied to the promotion—has added complexity to the case. As investigations continue, the situation remains a significant test of accountability at the intersection of politics and crypto.

The Libra token, promoted by Javier Milei in early 2025, saw a rapid rise followed by a dramatic crash, losing over 96% of its value. Investors are estimated to have lost at least $251 million as the token’s price collapsed shortly after gaining attention.

Milei later deleted his promotional post and stated he was unaware of the project’s details, describing it as a private initiative. However, the scale of investor losses and the speed of the collapse have led to accusations of a potential rug pull, intensifying public backlash and legal scrutiny.

Javier Milei is facing renewed scrutiny after newly uncovered call logs revealed multiple conversations with a crypto entrepreneur linked to the Libra token. Reports indicate that at least seven phone calls took place around the time Milei publicly promoted the token on social media.

While the content of these calls remains unknown, the timing has raised questions about Milei’s earlier claims that he had no connection to the project. The revelations are part of an ongoing investigation into the token’s collapse, which has sparked political and legal controversy in Argentina.

Google has quietly introduced a new iOS app called Google AI Edge Eloquent, an offline-first dictation tool designed to convert speech into polished text. Powered by on-device AI models, the app allows users to dictate without an internet connection, offering real-time transcription while automatically removing filler words like “um” and “ah” for cleaner output.

Beyond basic transcription, the app includes smart editing features such as summarization (“Key points”), tone adjustments (“Formal”), and length controls (“Short” or “Long”). Users can also customize vocabulary and even integrate terms from Gmail for more accurate recognition. While still in early stages, the app reflects a growing trend toward AI-powered, privacy-friendly tools—and could signal deeper integration of advanced dictation features across mobile platforms in the future.

Zero Shot isn’t just investing—it’s taking a selective approach based on where its founders believe AI is truly headed. The fund has already backed companies like Worktrace AI, which focuses on automating enterprise workflows, and Foundry Robotics, which is building AI-powered factory systems.

However, the team is deliberately avoiding some of the most hyped areas in AI. They’ve expressed skepticism toward trends like “vibe coding,” digital twins, and certain robotics data approaches, arguing that many of these ideas may be overtaken by rapid advancements in core AI models. This strategy reflects a broader shift in venture investing—prioritizing long-term utility over short-term hype in the fast-evolving AI landscape.

A group of former OpenAI leaders has launched a new venture capital fund called Zero Shot, aiming to raise $100 million to back next-generation AI startups. The fund has already completed its first close at around $20 million and begun deploying capital into early-stage companies.

The founding team includes key figures like Andrew Mayne, Evan Morikawa, and Shawn Jain, alongside experienced investor Kelly Kovacs. Their goal is to leverage deep insider knowledge of AI development to identify high-potential startups—focusing on areas like enterprise automation and robotics, where they believe real value is emerging.

The Giugliano hardfork is part of Polygon’s broader roadmap to scale its network for global use cases, including payments and tokenized assets. Following a series of reliability issues in 2025, the network has rolled out multiple upgrades to improve stability, throughput, and smart contract performance.

As part of its long-term “Gigagas” vision, Polygon aims to reach up to 100,000 transactions per second. While the network already processes thousands of transactions per second, the success of this latest upgrade will depend on whether faster finality and better fee tools translate into increased real-world usage and developer adoption.

Polygon Giugliano hardfork countdown. Source: Polygonscan

Polygon Foundation has confirmed the Giugliano hardfork will go live on April 8, bringing key improvements to transaction finality and fee transparency. The upgrade allows block producers to announce blocks earlier, reducing the time it takes for transactions to become irreversible by around two seconds based on testnet results.

Additionally, the upgrade integrates EIP-1559-style fee parameters directly into block headers and introduces new RPC endpoints. This gives developers and applications more accurate, real-time access to gas pricing data, improving efficiency across wallets and decentralized apps without requiring user action.

Polymarket’s infrastructure overhaul comes as it moves closer to compliance with US regulations. After receiving approval from the Commodity Futures Trading Commission, the platform is preparing to re-enter the US market with a more structured and regulated approach.

This includes onboarding brokers, improving market integrity, and reducing risks such as manipulation and insider trading. As interest in prediction markets continues to grow—especially around political and economic events—Polymarket’s upgrades position it to scale responsibly while meeting regulatory expectations and increasing user trust.

As part of its upgrade, Polymarket is introducing a new collateral token called Polymarket USD, replacing the previously used bridged asset USDC.e. The new token is fully backed 1:1 by USDC, offering greater stability and reducing reliance on cross-chain infrastructure.

This shift gives Polymarket more direct control over settlement processes and risk management. For users, the transition is expected to be seamless, requiring only a one-time approval through the platform—making the upgrade both technically significant and user-friendly.

Polymarket is rolling out a major upgrade to its exchange infrastructure, introducing version 2 contracts designed to improve trading efficiency and system flexibility. The update simplifies how orders are structured and matched, making it easier for both users and developers to interact with the platform.

A key improvement is support for EIP-1271, allowing smart contract wallets—such as multisigs and automated trading systems—to sign transactions. This expands compatibility beyond traditional wallets and opens the door for more advanced trading strategies and integrations within the prediction market ecosystem.

Recent data shows that attackers stole over $168 million from 34 DeFi protocols in the first quarter of 2026, highlighting ongoing risks in the ecosystem. Although this figure is lower than the $1.58 billion lost during the same period in 2025, security threats remain a major concern.

High-profile incidents, including a $280 million exploit targeting Drift Protocol, demonstrate how attackers are evolving—often using social engineering and even automated tools to maximize damage. These trends underscore why initiatives like STRIDE and coordinated response networks are becoming essential to protect users and maintain trust in decentralized finance.

Alongside its new security framework, the Solana Foundation has launched the Solana Incident Response Network (SIRN), a collaborative group of security firms designed to respond to threats in real time.

SIRN will allow members to share intelligence, coordinate responses, and improve overall ecosystem resilience during active attacks. The initiative reflects a shift from reactive to proactive security, ensuring faster containment and mitigation when vulnerabilities are exploited across Solana-based protocols.

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