Morning News Highlights - March 20th, 2024
- Binance's Scrutiny of U.S. Investors: Binance has initiated a review process to identify U.S. investors, prompting its brokers like FalconX and Hidden Road, among others, to withhold customer information from regulatory authorities.
- Nigeria's Intensified Investigation of Binance: Nigeria has escalated its investigation into Binance, with the Federal Supreme Court demanding detailed information on all Nigerian users for the country's anti-corruption agency.
- Stars Arena Launches on Avalanche: Stars Arena, an artificial intelligence-driven project on Avalanche, has garnered community support as SocialFi gains traction, recently unveiling earning opportunities on the Frentech platform.
- Wall Street Fidelity Boosts Ethereum Strategic Fund: Wall Street Fidelity asset management company has recently infused investment spirit into its Ethereum Strategic Fund.
- C7 Introduces Giggle Student Token: C7 announces the imminent launch of a new educational project featuring a new token, named Giggle Student, aimed at providing free basic education to everyone and implementing modern learning methodologies.
- MicroStrategy's Bitcoin Purchase: In the past week, MicroStrategy has authorized Michael Saylor to purchase 629 Bitcoins at a cost of $25.9 million, bringing the total holding to 67,382 Bitcoins.
- Blofi's Weekly Analysis: Blofi's analysis indicates that this week will be the most pivotal in the first quarter of 2024, with major central banks set to announce decisions and statements, shaping the framework for cryptocurrency policies in the years ahead.
- Matter Labs Transfers Digital Asset Holdings: Matter Labs, the developer behind zkSync, has tokenized $50 million worth of silver reserves from Swiss Sygnum Bank onto their own Layer-2 blockchain.
- Solana Co-Founder's Token Sale: Solana co-founder Toly has initiated the sale of random brand icon tokens on Solana, generating over 655,000 SOL (approximately $122.5 million) from nearly 27 pre-Solana tokens sold.
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