Odaily Planet Daily reports that South Korean cryptocurrency exchange Bithumb has won its first lawsuit in a dispute over the misdelivery of Bitcoin. The court ruled that users who received the mistakenly delivered Bitcoin must return approximately 194 million won (about $145,000). In February, Bithumb mistakenly distributed 620,000 Bitcoins as rewards for an event, at the time worth approximately $5 billion. Bithumb subsequently initiated a recovery process and reported in March that it had recovered 99% of the mistakenly distributed Bitcoins. This ruling is the first of four lawsuits filed by Bithumb against users who have not received their Bitcoins. The basis for the court's ruling and whether the defendant will appeal have not yet been disclosed.

Odaily Planet Daily reports that the UK government plans to give the Bank of England new responsibilities to support payment innovation, including stablecoins, while retaining its responsibility to maintain financial stability. (Cointelegraph)

According to Gate data, WTI crude oil fell 1.00% to $80.62 per barrel, while Brent crude oil fell 0.9% to $85.57 per barrel.

Odaily Planet Daily reports that Frostsnap, a Bitcoin multi-signature hardware wallet, has released version 0.4.0, fixing two security issues. No user fund losses have been reported so far. Firstly, malicious signature requests could mark an output as belonging to a user's wallet. The device did not verify this claim and it wouldn't be displayed on the confirmation screen, potentially leading to funds being transferred to addresses the user had never seen. Secondly, change addresses might be outside the wallet's recovery scan range. After backup and recovery, funds would appear missing, but the funds would actually still be in the wallet. After the update, the application will prompt users to upgrade their device firmware and adds firmware downgrade protection. The Frostsnap team recommends that users update the application and firmware as soon as possible.