The Arbitrum community made a proposal to finance the legal defense of Roman Storm and Alexey Pertsev (Tornado Cash).

https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa819a4faf67d7b52272b2ddc8c5a48f87407269e689740fed781a29707c8f44c

India earmarks $1.25B to boost growth of AI.

https://cointelegraph.com/news/india-earmarks-1-25-b-ai-growth

CyberConnect introduced the social layer 2 with restaking.

https://twitter.com/CyberConnectHQ/status/1766117169602163033

A federal appeals court revived a lawsuit where investors accused Binance of violating U.S. securities laws by selling unregistered tokens that lost much of their value.

The appeal covered investors who had bought seven tokens - ELF, EOS, FUN, ICX, OMG, QSP and TRX - through Binance starting in 2017, and which soon lost much of their value.

https://www.reuters.com/technology/binance-must-face-revived-investor-lawsuit-us-over-crypto-losses-2024-03-08/

Sam Altman returns to the OpenAI board of directors.

The WLD price has increased by more than 40% in 24 hours.

https://twitter.com/sama/status/1766291001134715207

Fidelity cuts about 700 jobs, its first reduction since 2017.

The move affects less than 1% of the workforce, a spokesperson for Boston-based Fidelity said Friday in an emailed statement. The firm had about 74,000 employees at the end of last year.

https://www.bloomberg.com/news/articles/2024-03-08/fidelity-cuts-about-700-jobs-its-first-reduction-since-2017

Coinbase said in a meeting with the SEC that the Ethereum ETF is a commodity stock.

https://www.sec.gov/comments/sr-nysearca-2023-70/srnysearca202370-442459-1130542.pdf

The Ethereum network's revenue surged to nearly two year highs this week as the speculative frenzy with meme coins boosted blockchain activity.

IntoTheBlock data shows that Ethereum mainnet's revenue from network fees reached $193 million this week.

https://www.coindesk.com/markets/2024/03/08/meme-coin-frenzy-drives-ethereum-network-fees-to-nearly-2-year-high-intotheblock/

Tether minted $2 billion USDT on Ethereum Network.

https://twitter.com/paoloardoino/status/1766590212560331129

Pershing Square Capital Management founder and CEO Bill Ackman mulls Bitcoin.

https://www.coindesk.com/business/2024/03/09/billionaire-hedge-funder-bill-ackman-mulls-bitcoin/

Vitalik Buterin has introduced the research about a blockchain hacking using quantum computers.

https://ethresear.ch/t/how-to-hard-fork-to-save-most-users-funds-in-a-quantum-emergency/18901

PROOF founder Kevin Rose appears to be liquidating a number of his NFTs and burnt two of his ENS domains.

Over the past 16 days, he sold NFTs worth 328.98 ETH ($1.293 million).

https://x.com/nftnow/status/1766469246257635435

UK-focused retail broker eToro considers New York for IPO.

https://www.ft.com/content/c7e4ad29-4bf8-43e3-85dd-cf35585c6ad1

An ArbitrumDAO proposal to donate up to $1.28 million in crypto toward Tornado Cash developers Roman Storm and Alexey Pertsev's fight against criminal charges has been deleted by its author, as token holders voiced concerns over whether such a donation might pose legal risks, sources familiar with the matter told The Block.

https://www.theblock.co/post/281535/arbitrum-dao-revokes-proposal-for-million-dollar-donation-to-tornado-cash-devs-over-legal-concerns

On March 10, 2024, a group of 80 dormant bitcoin (BTC) wallets, inactive for over eight years, sprang into action moving 2,352.62 BTC (~$163M).

https://news.bitcoin.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/

BlackRock Bitcoin ETF now holds more BTC than MicroStrategy.

According to data from BitMEX, BlackRock's IBIT now has nearly 198,000 Bitcoin, outpacing MicroStrategy’s holdings.

https://cointelegraph.com/news/blackrock-bitcoin-etf-holds-more-btc-microstrategy
https://x.com/bitmexresearch/status/1766359858893262958

K Bank, a South Korean neobank that has seen rapid growth thanks laregely to its crypto operations, is set to make an initial public offering (IPO) bid.

https://cryptonews.com/news/south-koreas-crypto-keen-k-bank-aims-for-ipo-amid-btc-boom.htm

Crypto Market Daily Review ☀️

The market is down. Market cap is $2.62T. Bitcoin is trading at $68.5K

dropstab | icodrops | twitter | telegram

🔥BTC has hit a new all-time high above $71,300.
Bitcoin is now trading at $71,340.

https://dropstab.com/coins/bitcoin

Binance will list Metis (METIS) at 2024-03-11 12:00 UTC.

Metis is a permissionless ETH L2 that utilizes optimistic rollup as their underlying scaling solution.

After the news, the METIS price has increased by more than 25%.

https://www.binance.com/en/support/announcement/binance-will-list-metis-metis-with-seed-tag-applied-a73748f501dc48f6ba3d68d724052492

🔥ETH has reached $4K.

https://dropstab.com/coins/ethereum