Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle. Source: https://www.coindesk.com/crypto-hedge-fund-founder-stefan-qin-pleads-guilty-fraud

Caving to pressure from retail traders, South Korea’s ban on short-selling has been extended through May 2021. Source: https://www.coindesk.com/south-korea-gamestop-short-selling

The amount taken is unclear but Yearn shows percentage losses for the DAI vault in the triple digits. Source: https://www.coindesk.com/yearn-finance-dai-vault-exploit

Insights from PayPal’s first quarterly earnings report since launching crypto services. Source: https://www.coindesk.com/podcasts/coindesk-podcast-network/paypal-crypto-strategy

Metal Pay’s “First Blockchain Bank and Trust” would be FDIC-insured, CEO Marshall Hayner told CoinDesk. Source: https://www.coindesk.com/crypto-startup-metal-pay-files-for-national-bank-charter

It’s a bitcoin bull run and you’ve forgotten the password to your wallet. What’s next? Source: https://www.coindesk.com/crypto-wallet-recovery-technician

Forty-six fuel stops will accept bitcoin, ether, stellar, XRP and EOS through a partnership with local platform PayCek. Source: https://www.coindesk.com/croatias-tifon-gas-stations-hope-to-tap-tourist-trade-with-crypto-payment-support

Led by Glenn Hutchins, the new fund has already invested in Dapper Labs and other crypto projects. Source: https://www.coindesk.com/72m-crypto-fund-backed-by-paul-tudor-jones-and-ll-cool-j-comes-out-of-stealth

The fund will pay for the one thing devs can’t do internally: security audits. Source: https://www.coindesk.com/terraform-labs-fund-defi-security-audits

“The piece itself is chaotic, yet ordered. It invokes a concept of biblical dualism with the demon and halo,” said the buyer. Source: https://www.coindesk.com/artwork-ethereum-hashmask-650k