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Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca

Web3 gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures. The funding will be used to develop new games within the Illuvium ecosystem as the...

, by Tanzeel Akhtar

KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US

Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws. The US Department of Justice revealed in its indictment that the...

, by Jai Pratap

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms

Crypto miner Bitdeer is in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. Bloomberg reported Wednesday that talks are still ongoing, with details yet to be finalized. Bitdeer is among the largest bitcoin miners globally. It went...

, by Shalini Nagarajan

House Republicans Demand SEC Clarify Its Position Regarding Prometheum

House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security. U.S. crypto securities platform Prometheum planned to begin custody of ETH but these plans are now in limbo as...

, by Tanzeel Akhtar

Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today

Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI. In an announcement, the firms said the Hashdex Bitcoin Futures ETF has been converted to the Hashdex Bitcoin ETF (DEFI). The ETFs new...

, by Tanzeel Akhtar

KuCoin Crypto Exchange and Founders Charged by DOJ for $9B Laundering, Anti-Money Laundering Violations

The crypto exchange KuCoin and two of its founders were just charged by US authorities for operating as an illegal exchange in the USA and failing to implement anti-money laundering protocols. The Department of Justice (DoJ) charged the exchange and founders Chun Gan and Ke Tang with violating...

, by Michael Davis

Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for 90 Days

The National Data Protection Commission (CNPD) of Portugal took decisive action on March 26 to safeguard personal data protection, particularly for minors, by temporarily banning Worldcoin. In response to concerns raised by numerous complaints, the CNPD issued a temporary 90-day restriction on...

, by Hassan Shittu

U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding

Tawfiq Muhammad Said Al-Law, a hawala operator involved in Hezbollah crypto funding, has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Hezbollah Crypto Operator Sanctioned By OFACAccording to Tuesday press release from...

, by Julia Smith

Hong Kong Will Soon Approve ‘In-Kind’ Bitcoin Spot ETFs – Here’s What That Means

Hong Kong is getting ready to follow the United States' lead in approving Bitcoin spot ETFs for public trading, analysts at Bloomberg Intelligence suggest. The region’s regulators may go a step further than their Western counterparts, however, by permitting those funds to use an...

, by Andrew Throuvalas

‘Rich Dad, Poor Dad’ Author Suggests Bitcoin Could Be a Scam, But Doesn’t Dismiss Its Potential

Robert Kiyosaki, best known for his book “Rich Dad, Poor Dad” has voiced his support for Bitcoin once again. On March 26, he described Bitcoin as “the perfect asset at the right time” but noted that it could also be a scam or a Ponzi scheme. The New York Times best-selling author, who has...

, by Jimmy Aki

Fifth-Richest Bitcoin Whale Transfers Over $6 Billion in BTC After Years of Dormancy – What’s Going On?

Blockchain investigator firm Arkham Intelligence announced on March 25 that the fifth-richest Bitcoin whale had moved 94,504 BTC worth $6.05 billion to three new addresses. The Bitcoin wallet address, also dubbed 37X, has been dormant since 2019. 37X Activated: Bitcoin Whale Holds 1.31 BTC...

, by Jimmy Aki

UK Government-Backed Technology Group Encourages Tokenization Collaboration Among Firms

A UK-backed technology working group report encourages companies to adopt tokenization strategies in collaboration with their industry peers.

, by Hassan Shittu

Gerald Heydenreich, Founder of EtherMail, on Web3 Email, Tokenization, and The Future of Email | Ep. 320

Gerald Heydenreich talks about his path from Web1 to Web3, reinventing email, what EtherMail is, and more!

, by Sead Fadilpašić

US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions

The U.S. has slapped Russia with more sanctions – this time targeting a number of crypto-related entities and individuals due to potential evasions aimed at funding the Putin-led country's invasion of Ukraine – according to a Monday press release from the Office of Foreign Asset Control...

, by Julia Smith

Best Crypto to Buy Today March 26 – Internet Computer, Aptos, Fetch.ai

As major crypto consolidate close to two-week highs, with Bitcoin (BTC) holding just above $70,000 and Ether (ETH) near $3,600, traders hunting for the best crypto to buy today are scouring movers and shakers in the altcoin market. Crypto sentiment got a boost on Monday amid macro tailwinds...

, by Michael Davis

Russian Ministries Discuss Crypto Mining ‘Legalization’ – But There’s a Twist

Russian ministries could be prepared to “legalize” industrial crypto mining in the country. But one key department could yet throw a spanner in the works. After years of dismay and repeated pleas for Moscow to formally recognize mining as a form of “entrepreneurship,”...

, by Tim Alper

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