Key Points: Binance executive sues Nigeria’s NSA and EFCC over human rights violations. The Nigerian government charges Binance with tax evasion amidst currency impact concerns. Legal proceedings are adjourned as executives seek release; the digital asset community demands freedom. Detained Binance executive Tigran Gambaryan has taken legal action against Nigeria’s National Security Adviser (NSA) and…
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Key Points: Wormhole is launching its W token airdrop on April 3, following a thorough audit by the Uniswap Foundation. The Wormhole airdrop aims to reward stakeholders, including ecosystem users and active participants, with 617,305,000 W tokens. Eligibility for the airdrop is based on user interaction with the ecosystem. Wormhole, a prominent solution facilitating asset…
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Key Points: Ethereum co-founder Vitalik Buterin praised Worldcoin’s efforts to address privacy concerns by minimizing data collection. The Worldcoin system design has garnered attention, with over 4.5 million individuals participating worldwide. On March 29, Vitalik Buterin, co-founder of Ethereum, commended Worldcoin for addressing privacy concerns by adopting a more data-minimal approach. Buterin Applauds Worldcoin System Design Privacy…
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The new milestone was reached shortly after the launch of BlackRock’s first tokenized asset fund — BUIDL, which joined 16 other tokenized government securities funds last week. More than $1 billion worth of United States Treasurys now exist across Ethereum, Polygon, Solana, and other blockchains, helped in part by the recent launch of the BlackRock USD…
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Coinbase’s move on-chain will carve a path toward a future on-chain financial system, claimed Bankless podcast co-host David Hoffman. Coinbase will start moving more of its customer and corporate USD Coin (USDC) stablecoin accounts to Base — its Ethereum layer-2 blockchain launched a little over seven months ago. Coinbase vice president Max Branzburg posted to X on March 26…
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Marathon Digital explores the potential of “block art” by using its mining pool to craft the order of transactions in a block. A Bitcoin Core contributor has immortalized Marathon Digital’s logo into the data visualization of a Bitcoin block by using the mining firm’s template building tools. X user Portland.HODL laid claim to the intriguing…
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Key Points: The Blast ecosystem’s Munchables project suffered a major breach, resulting in the theft of approximately $62.5 million worth of ETH. Speculations arose regarding a North Korean hacker’s involvement, further fueled by claims from security experts and developers. The Munchables hack is Blast’s second incident that has raised concerns about security and safety. In…
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Key Points: KuCoin founders Chun Gan and Ke Tang are criminally charged with operating an unlicensed money-transmitting business and violating the Bank Secrecy Act. KuCoin allegedly concealed its substantial U.S. customer base while enjoying billions of dollars in daily trades. In a significant development, the United States Attorney for the Southern District of New York,…
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Swyftx lead analyst Pav Hundal says this isn’t a “classic bulls versus bear battle,” while Swan Bitcoin CEO Cory Klippsten predicts “somebody gotta break at some point.” As Bitcoin toes around the $70,000 price mark, there’s speculation that short-sellers are feeling the pressure due to diminishing downtrends and quicker-moving uptrends, potentially driving Bitcoin’s price to $80,000,…
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The rewards for mining Bitcoin are about to be chopped in half for miners in a scheduled event called “the halving.” This anti-inflationary measure is predicted to occur on or about April 17, 2024. Though it won’t be the first such halving event, the crypto world is poised to enter the unknown, as recent all-time…
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