PANews reported on November 4th, citing DL News, that Apriori, a trading infrastructure startup backed by YZi Labs, is facing scrutiny due to on-chain records indicating suspicious activity in its recent token airdrop. Approximately 80% of the APR airdrop tokens on the BNB chain were claimed by a single cluster of over 5,800 wallets. This behavior exhibits all the characteristics of an industrial-grade Sybil attack, where attackers deploy multiple wallets to repeatedly claim airdrops. The timing of the activity is also highly suspicious, as the wallet cluster was set up before the airdrop and its eligibility requirements were made public. Apriori and its founder, Ray Song, did not respond to multiple requests for comment.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

