✅ The week has ended, and with it the month that Bitcoin closed at a new record high, this is the 7th green month in a row 🎉
Weekly news digest:
💎 Crypto
🔸 Fetch.ai, SingularityNET, and Ocean Protocol agreed to combine their crypto tokens into one
🔸 Call of Duty cheaters got targeted by crypto-draining software, more than 4.9 million accounts got compromised
🔸 Prisma Finance was hacked for $9 million 🫡
🔸 Ethena Labs will airdrop 750 million of $ENA on April 2
🔸 Hundreds of Solana users have had their wallets drained, and many are pointing fingers BONKbot 🔍
🔸 Blast NFT game Munchables got exploited for $62 million, currently, funds have been returned
🔸 CurioDAO was exploited for $16 million
🏦 Crypto exchanges
🔸 US DOJ accuses KuCoin and two of its founders of violating anti-money laundering laws
🔸 CommEX announces a suspension of operations effective March 25
🔸 Philippine SEC stated that Binance is a threat to the security of the Philippines and that it will continue to block Binance
🔸 Binance executive escaped detention in Nigeria using a fake passport
🔸 Fed Chair says central bank need not "hurry" to cut rates
🔸 Nilam Resources CEO resigns day after an announcement about purchase of 24,8k bitcoin, company stock plunges by 98% 💀
🔸 Sam Bankman-Fried (FTX fraud) got sentenced to 25 years in prison
🔸 Bitwise applied with the SEC to offer a spot Ethereum ETF
🔸 SEC has asked a judge to impose a fine of $1.95 billion on Ripple Labs
🔸 US and UK are investigating $20 billion of crypto transactions that passed through a Russian crypto exchange Garantex 🔍
🔸 DeFi Education Fund filed a lawsuit against the SEC, arguing that crypto airdrops are not securities
🔸 Nigeria's tax authority charged Binance with tax evasion
🔸 Vitalik Buterin published an article in which he discusses memecoins dedicated to charity
🔸 Bitwise CIO said institutional investors would likely inject as much as $1 trillion into Bitcoin through ETFs