🪙 Crypto and Blockchain News (Mar 1, 2024):

1️⃣ Financial Times: Two top managers of #Binance have been arrested in Nigeria as the country implements strict measures against cryptocurrency exchanges. According to sources from the publication, company representatives arrived in #Nigeria after authorities decided to ban several sites trading digital assets. However, upon arrival, they were detained by the office staff of the national security advisor, who confiscated their passports. 🛑

2️⃣ Nayib Bukele: El Salvador's unrealized profit from bitcoin investments has grown by 40%. However, authorities have no plans to sell the assets. 💰

3️⃣ The Block: The upcoming update of the #Ethereum mainnet by Dencun will alleviate the issue of high data availability costs for Rollups networks. This opinion was expressed by the technical lead of Polygon zkEVM, Jordi Baylina. 🔧

4️⃣ The Block: On March 1, the Io.net DePIN protocol based on #Solana will launch the first phase of the reward points program ahead of the expected airdrop in April. 🗓️

5️⃣ Curve Finance: Developers of the decentralized exchange Curve Finance have deployed smart contracts for the lending platform Llama Lend. At the time of publication, the user interface of Llama Lend is unavailable as it is not an official launch but rather testing in real conditions. In the future, the Curve team may redeploy contracts similar to the crvUSD CDP stablecoin. 🔄

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