The Daily: ZachXBT alleges $40M government crypto theft tied to custody contractor’s son, Kraken rolls out ‘DeFi Earn’ for onchain yield, and more
ZachXBT linked a $40M government crypto theft to a contractor's son, Kraken launched DeFi Earn, and Japan plans crypto ETFs by 2028.Summary
The daily newsletter highlights several key developments, led by onchain sleuth ZachXBT's allegation that John Daghita, the son of a U.S. Marshals Service crypto custody contractor (CMDSS president Dean Daghita), was involved in stealing over $40 million in crypto from government wallets. This was exposed via a Telegram argument where the alleged actor shared wallet screens. In product news, Kraken introduced "DeFi Earn" across the EU, Canada, and most US states, allowing centralized exchange users to access onchain yield up to 8% APY through custodial vaults powered by Veda. Furthermore, Japan is reportedly planning to approve its first crypto ETFs by 2028, with Nomura and SBI expected to launch products on the Tokyo Stock Exchange. Other news includes a $16.8 million drain from Matcha Meta's SwapNet integration and South Korea's Coinone exploring the sale of its chairman's majority stake.
(Source：The Block)