From Cointelegraph

April 17, 2025 5:59:00 pm:

Cryptocurrency exchange eXch will shut down on May 1 due to allegations of laundering funds from a Bybit hack. The exchange processed a small portion of the $35 million stolen in the $1.4 billion exploit. Bybit CEO Ben Zhou assured covering the losses, but later closed Web3 services and NFT marketplace.

Following the Bybit hack, the exchange saw over $5 billion in withdrawals. Bybit recovered 7% market share by April 10 and paid $2 million to bounty hunters for freezing traceable funds. eXch denied laundering for Lazarus Group but chose to shut down amidst ongoing investigations.

Read more at Cointelegraph.com

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5. PayPal expands its cryptocurrency services to allow users in the US to pay with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash at millions of merchants. The move signals a growing acceptance of digital assets in traditional payment systems.: Crypto exchange eXch to shut down amid money laundering allegations