News linked to both this project and an event.
According to an official announcement by USDT0 (@USDT0_to), the USDT0 cross-chain bridging infrastructure resumed normal operations today. System integrity and risk exposure remain unaffected, and all pending transactions submitted prior to the suspension have been safely settled. Previously, on April 19, USDT0 proactively suspended its OFT bridging service as a precautionary measure pending the conclusion of the KelpDAO rsETH incident investigation. USDT0 emphasized that it bears no risk exposure related to this incident, and all USDT0 tokens remain fully backed 1:1 by USDT.
Odaily News Cantor Fitzgerald has donated $10 million to the pro-crypto political action committee Fellowship PAC, which is chaired by Tether U.S. executive Jesse Spiro.Fellowship PAC, established in 2025, has secured over $100 million in pledged funding and aims to support candidates who advocate for digital asset-friendly regulation. The organization has previously spent over $1 million on advertising support in multiple elections.Cantor has a close relationship with Tether, having provided custody services for its stablecoin reserves since 2021. This donation further strengthens their collaboration at the policy level.In addition to Cantor, institutions such as Anchorage Digital have also participated in the donations. Industry insiders believe that as regulatory battles intensify, the crypto industry is continuously increasing its political investment in Washington to push for a clearer and more enforceable regulatory framework.
The People’s Bank of China Shaoguan Branch, in collaboration with the General Office of the Shaoguan Municipal People’s Government, issued a risk alert on virtual currencies ahead of the “4·15” National Security Education Day for All Citizens. It also disclosed four typical cases: money laundering through “high-paying U.S. dollar-pegged stablecoin (USDT) part-time jobs,” illegal fundraising under the guise of “capital-guaranteed, high-yield cryptocurrency trading,” pyramid scheme fraud involving the “RWA Digital Culture & Tourism Fund,” and offline “currency swapping” activities constituting de facto foreign exchange transactions. Regulators clarified that virtual currency exchange, trading, and RWA tokenization activities are all illegal financial activities. Projects promising “high returns, low risk, and guaranteed profits” are mostly scams. The public should abandon fantasies of getting rich overnight, steer clear of virtual currency-related investments, opt for legitimate financial channels, and promptly report any suspicious activity to the police to minimize losses.
According to DL News, several “revenge intermediaries” in South Korea that accept cryptocurrency as payment have recently remained highly active. These organizations receive orders via Telegram and offer services including intimidation, assault, and even murder disguised as accidents. They require clients to pay a 50% deposit in USDT and promise to send footage of the operation—recorded using body-worn cameras—via Telegram. Although the alleged ringleader was arrested on April 3, related online advertisements continued to appear as recently as April 13. This year, South Korean police have launched investigations into more than 50 such cases and arrested approximately 30 individuals; all cases were confirmed to involve cryptocurrency payments.
According to Decrypt, Ben Delo, co-founder of BitMEX, revealed that he donated $5.4 million (approximately £4 million) to Reform UK, the political party led by Nigel Farage—prior to the UK’s introduction of a new £100,000 cap on donations from overseas residents. Delo pleaded guilty in the U.S. in 2022 to BitMEX’s violations of anti-money laundering compliance requirements and paid a $10 million fine; he was later pardoned by Donald Trump. Reform UK has previously received a £11.4 million donation from Christopher Harborne, a Thai national and investor in Tether. The party positions itself as the UK’s most crypto-friendly political party, though the UK government has imposed a suspension on cryptocurrency donations to political parties. Delo stated he plans to relocate to the UK, after which he would no longer be subject to the donation cap.