📣 North Korean Cyber Gang Utilizes Tornado Cash for $12M Ethereum Laundering.

➡️ Reports unveil the return of the notorious North Korean hacking outfit, Lazarus Group, spotlighted for their recent cryptocurrency escapades. Allegedly, they've successfully laundered a staggering $12 million in Ethereum through the coin-mixing service Tornado Cash within the span of just one day. The pilfered crypto, previously lying dormant, sprung into action on March 13, embarking on a whirlwind journey through Tornado Cash's anonymizing mechanisms.

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📣 Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan Report

➡️ In a significant shift, Bitcoin has outpaced gold in investor portfolio allocation, as per analysis by JP Morgan. Managing Director Nikolaos Panigirtzoglou revealed that, accounting for volatility, Bitcoin's presence in investor portfolios stands at 3.7 times that of gold.

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📣Stablecoin Sector Surges: USDE Supply Soars by 376%

➡️Over the last 12 days, the stablecoin sector has witnessed an impressive $4.95 billion surge, reaching a record-high market valuation of $149.03 billion in 2024. Notably, Ethena's USDE stands out with a remarkable 376% increase in its supply over the past 30 days.

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📣Celsius Creditors Discontent with Bankruptcy Compensation.

➡️Following the Celsius bankruptcy, some account holders allege receiving 30% less compensation than initially promised. They express dissatisfaction with being offered U.S. dollars instead of cryptocurrency, resulting in significantly reduced payments.

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📣Russia Regulates Use of Digital Assets for International Settlements

➡️President Vladimir Putin has signed legislation allowing the use of digital assets for international transactions, marking a significant step in Russia's crypto regulation. The law designates the Central Bank of Russia as the regulator for such transactions, expanding the scope of digital assets beyond domestic use.

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📣Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

➡️Aevo faces accusations of wash trading following a rapid surge in trading volumes followed by a sharp decline. The platform attributes the spike to customers seeking to participate in its airdrop by increasing trading activity on its decentralized exchange.

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📣US Manufacturing Firms Embrace the Metaverse, Says WEF Report

➡️A growing trend among manufacturing firms in the United States reveals a strategic shift towards leveraging the industrial metaverse to address intricate challenges throughout the production cycle, as outlined by the World Economic Forum (WEF).

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📣Vanguard's Take on Bitcoin ETFs: Insights from CEO and CIO

➡️Get exclusive insights from Vanguard's Chairman and CEO, Tim Buckley, and Chief Investment Officer, Greg Davis, as they delve into the topic of Bitcoin ETFs. Discover Vanguard's perspective on why they view Bitcoin ETFs as speculative assets in this informative webcast excerpt.

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📣Grayscale Updates Ethereum ETF Filing, Citing Investor Demand

➡️Grayscale has made amendments to its regulatory filing as part of its efforts to transition its Ethereum Trust into a spot exchange-traded fund (ETF). The move comes in response to what Grayscale describes as significant demand from investors who seek and merit exposure to an Ethereum-based fund.

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📣Chamber of Digital Commerce Urges Biden to Intervene in U.S. Citizen's Detention by Nigeria

➡️The Chamber of Digital Commerce is calling upon President Biden to intervene in the detention of a U.S. citizen by Nigeria. The detainment of Gambaryan is deemed arbitrary and lacking due process, posing a substantial challenge to international law norms and diplomatic relations. This appeal highlights the urgency for diplomatic action to address the situation and ensure the rights and safety of the detained individual.

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Crypto Queens : The best place for Crypto Knowledge!, [3/16/2024 7:28 PM]
📣 Cryptocurrency Market Turmoil: BSV Plummets Following UK Judge's Ruling in COPA Case.

➡️ The cryptocurrency market is reeling from a significant downturn, with bitcoinsv (BSV), notably linked to Craig Wright, experiencing a steep decline. Following a UK judge's decision in the COPA case, BSV witnessed a staggering 18.9% drop against the U.S. dollar in just seven days. This development underscores the volatility and sensitivity of the crypto landscape to regulatory and legal decisions, signaling challenges ahead for BSV and potentially impacting broader market sentiment.

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📣Nigerian SEC Proposes Increase in Crypto Exchange Registration Fee

➡️The Securities and Exchange Commission (SEC) of Nigeria has proposed a hike in the registration fee for crypto exchanges. This move comes amid a broader downturn in the cryptocurrency landscape, with bitcoinsv (BSV) witnessing a notable decline of 18.9% against the U.S. dollar over the past week. The SEC's proposal adds to the regulatory challenges facing the crypto industry, potentially impacting investor sentiment and market dynamics in Nigeria's crypto sector.

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📣NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn.

➡️During the week of March 9 to March 16, 2024, the non-fungible token (NFT) market experienced a downturn alongside the broader cryptocurrency market. Total sales in the NFT sector amounted to $358,080,260 during this period, marking a significant decline of 16.55% compared to the previous week.

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📣Prosecutors Seek 50-Year Sentence for Bankman-Fried, Citing High-Stakes Gambles

➡️U.S. Attorney Damian Williams and his team are pushing for a maximum sentence of 50 years for Sam Bankman-Fried (SBF), the former FTX founder. Alleging repeated high-stakes gambling with investors' funds, prosecutors aim to make an example of SBF's risky behavior.

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📣Shiba Inu Sees Remarkable 177% Monthly Growth Despite Recent Dip

➡️Despite a recent downturn, the meme-inspired cryptocurrency Shiba Inu has demonstrated impressive resilience, with a remarkable 177% growth over the past month. Notably, around 410 trillion tokens have been burned, accounting for approximately 41% of its total circulation, indicating continued interest and activity within the community.

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📣Detained Binance Executives to Stay in Nigerian Custody Until Hearing.

➡️Two Binance executives, detained since February 26 after a meeting with Nigerian leaders in Abuja, will remain in custody until their hearing. Nigerian officials have accused the crypto exchange of negatively impacting the country's currency, the naira.

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📣$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform.

➡️Cetera Financial Group, managing $475 billion in assets under administration and $190 billion in assets under management, has greenlit four U.S. spot bitcoin exchange-traded funds (ETFs) for brokerage accounts on its platform.

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📣 Pro-XRP lawyer confident he can win senate bid, sets $1M campaign goal.

➡️ John Deaton, known for his support of XRP, is gearing up for a potential Senate bid against Senator Elizabeth Warren. With confidence in his campaign, he's set a $1M fundraising goal, rallying support from his crypto-friendly social media followers.

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📣 Nigeria Proposes New Rule for Foreign Crypto Exchanges.

➡️ In a bid to strengthen oversight, Nigeria's Securities Regulator proposes a groundbreaking rule mandating foreign virtual asset service providers to incorporate and establish a physical presence within the country. Additionally, the proposed regulation suggests a significant fivefold increase in registration fees, aiming to ensure stricter compliance from prospective crypto exchanges. Stay tuned for further developments in Nigeria's crypto regulatory landscape.

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📣Reddit Faces FTC Probe Over AI Data Practices Ahead of IPO

➡️Social media giant Reddit discloses an ongoing investigation by the Federal Trade Commission (FTC) into its data licensing practices for artificial intelligence (AI) training. This inquiry coincides with Reddit's preparations for its upcoming initial public offering (IPO), highlighting growing regulatory scrutiny over data privacy in the tech sector.

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📣Kiyosaki Warns of Big Bubble, Analyst Predicts $330K BTC, Draper’s Wild El Salvador Prediction, and More—Week in Review

➡️ Robert Kiyosaki sounds the alarm on an impending financial disaster that could disproportionately impact baby boomers. Meanwhile, a crypto analyst defies historical patterns by predicting Bitcoin’s potential to surge beyond $330,000, citing pattern disruptions and the theory of diminishing returns. Additionally, Tim Draper makes a bold prediction about El Salvador’s crypto journey.

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