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The Daily: Hacker returns $21 million in stolen bitcoin, Robinhood Chain testnet hits four million transactions in first week, and more

The Block
South Korean prosecutors recovered $21 million in stolen bitcoin, Robinhood's L2 testnet hit four million transactions, and DBA raised $68 million.

Summary

South Korean prosecutors successfully recovered 320.8 BTC, valued at approximately $21.4 million, that was stolen from their custody after a hacker returned the funds. The bitcoin was lost last August when investigators entered recovery seed phrases on a phishing site during a gambling platform probe. Meanwhile, Robinhood's Ethereum Layer 2 testnet, Robinhood Chain, processed four million transactions in its first week following its public launch, aiming to support tokenized real-world assets. In funding news, crypto investment firm DBA raised $68 million for its second venture fund. Other key updates include Uniswap governance considering fee activation across all v3 pools and CME Group planning to launch 24/7 crypto futures and options trading on May 29.

(Source:The Block)