The crypto landscape experienced significant developments in security, regulation, and investment this week. The biggest news was Bybit's $1.4 billion Ethereum hack, raising concerns about exchange vulnerabilities. In a positive development, the SEC dropped its lawsuit against Coinbase, providing relief for the crypto industry. Argentina's President Milei is being investigated for involvement in a crypto scam. OKX Ventures invested in Cygnus Finance, a crypto blockchain innovation. MetaMask and Ledger collaborated on security enhancements, while MicroStrategy paused its Bitcoin purchases. Overall, the week showcased the challenges and advancements in the crypto space.



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