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Giggle Academy: Former Binance CEO CZ Launches New Project
CoinGape (RSS)

Former Binance CEO Changpeng Zhao has rolled out the Giggle Academy project targeting free basic education for all across multiple jurisdictions. 

In a recent announcement on X (Twitter), Zhao revealed plans for the educational project giving children free access while utilizing new techniques. As a nonprofit organization, Giggle Academy would have no revenue deploying gamification and an adaptive curriculum for end users. 

...

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Top 3 Solana Memecoin With 100X Potential
CoinGape (RSS)

Solana’s memecoins have recorded massive gains following recent events in the cryptocurrency market. As bullish pressure mounts across Bitcoin (BTC) and altcoins, memecoins have also posted increased inflows since Q4 2023.

At press time, the total market capitalization of Solana memecoin is up by 1.9% at $5.8 billion with a 24-hour trading volume of $5.2 billion. Here’s a list of the top 3 Solana memecoin with 100X potential.

Dogwifhat (WIF)
The popular dogwifhat continues to look attractive to digital asset investors within and outside the Solana ecosystem. WIF currently exchanges hands at $2.53 after a 32% gain in the last seven days. 

The bullish run of the asset since its launch sees it top of Solana’s memecoin charts. Previously, Dogwifhat has soared to 887% in ...

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Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.
1inch Network boosts DeFi liquidity with Lumia integration
Cryptopolitan (RSS)

The 1inch Network has announced the addition of Lumia, a liquidity network, to its aggregation sources, aiming to deepen on-chain liquidity and improve pricing for its users. The announcement, made on March 18, emphasizes Lumia’s capability to access centralized exchanges like Binance, OKX, and KuCoin, which is expected to provide DeFi users with competitive pricing that rivals centralized platforms.

Sergej Kunz, co-founder of 1inch, stated the network’s goal to offer users liquidity across the entire crypto market and welcomed Lumia as a significant new source of liquidity. Lumia’s integration into 1inch involves a request for quote process, where Lumia will serve as a private market maker. This collaboration is further expected to extend to 1inch Fusion, a gasless solution developed by 1inch, with Lumia acting as a resolver for filling orders.

Strategic Transition and Token Swap 

Currently, the integrat...

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Spot Ethereum ETF: Grayscale to Include Staking in Ethereum ETF Proposal
CoinGape (RSS)

Grayscale Investments has announced its intention to incorporate staking capabilities into its proposed spot Ethereum exchange-traded fund (ETF). This move is in line with a recent modification made by the financial giant Fidelity in its own Ethereum ETF filing which indicates the common desire of investment houses to incorporate the staking provision into their cryptocurrency product offerings.

Grayscale’s Amendment
Grayscale Investments has filed a preliminary proxy statement proposing staking features in its Ethereum ETF. This undertaking aims to empower the trust to stake Ethereum, thereby eliminating the inflationary pressures associated with the transition of Ethereum to a proof-of-stake protocol. The move, consequently, is intended to preserve the value of the Trust Estate for the benefit of its...

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Breaking: Hashdex Ethereum ETF Faces SEC Decision Hold Until May
CoinGape (RSS)

The Securities and Exchange Commission (SEC) has postponed its decision on the approval of the Hashdex Nasdaq Ethereum exchange-traded fund (ETF) until May 30, 2024. This ETH ETF, which will be offered to investors if approved, will represent an investment product with access to both ongoing ether prices and futures.

This postponement will provide the SEC the chance to review the proposed rule change, taking into account all the concerns, and provide the solution in time. It underlines that the authority wants to observe how crypto-related products function within the financial system and what place they will be given in the future.

Nasdaq made an application for the Hashdex Nasdaq Ethereum ETF in September, with Toroso I...

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Tornado Cash Founder Indicted For Aiding Laundered $1.2B Funds: Report
CoinGape (RSS)

Alexey Pertsev, the developer behind the popular Tornado Cash crypto mixer is facing an indictment for his alleged involvement in laundering up to $1.2 billion in crypto assets. This news is based on reports from DL News.

Alexey Pertsev Indicted for 36 Illicit Crimes
The Tornado Cash developer is becoming more popular for crypto crime than for the service that his company is designed to offer. Dutch prosecutors have been on his trail over some investigations that involved 36 allegedly illicit transactions. Of the listed cases, the 175 ETH from Axie Infinity-linked crypto protocol Ronin Bridge, was the highest.

Other illicit transactions on the Dutch prosecutors’ list involved decentralized protocols like Harmony and Nomad Bridge.

According to Pertsev’s lawyer Keith Cheng, “Prosecutors ar...

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Saudi Arabia plans $40B AI investment fund overseen by a16z: Report
Cointelegraph.com News (RSS)

If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
SEC pushes Hashdex, ARK 21Shares Ether ETFs as approval hope dwindles
Cointelegraph.com News (RSS)

The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.
SEC Delays Decision on Hashdex Nasdaq and Ark 21Shares Ethereum ETFs
Cryptopolitan (RSS)

The U.S. Securities and Exchange Commission (SEC) has extended its decision timeline regarding the approval of the Hashdex Nasdaq Ethereum ETF until May 30, 2024, according to an announcement on Tuesday.

This ETF, if approved, would include both spot ether and futures contracts in its portfolio. The decision to delay comes as the SEC seeks additional time to thoroughly evaluate the proposed rule change and the concerns it raises.

The application for the Hashdex Nasdaq Ethereum ETF was initially submitted by the Nasdaq stock exchange in September, with Toroso Investments managing the fund. Toroso Investments is registered with the Commodity Futures Trading Commission as a commodity pool operator and is a member of the National Futures Association. This delay marks another instance where the SEC has postponed making a decision on this ETF, following a call for public comments in December.

Further...

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Saga Announces Saga Origins Game Publishing Arm During GDC 2024
Cryptopolitan (RSS)

San Francisco, California, March 20th, 2024, Chainwire

Cementing itself as the first and only Layer-1 web3 game publisher, Saga primes for Mainnet launch in April   

Saga, a leading Layer-1 protocol and developer ecosystem in web3, today unveiled Saga Origins, a new game publishing division devoted to bringing cutting-edge, quality games to market. With this landmark announcement, Saga becomes the first and only web3 chain to establish a dedicated game publishing arm for developers to partner with to release their projects.

Saga Origins is committed to offering a full-service and collaborative approach to bring games to a global mass market. Whereas developers would traditionally secure grants only to build and launch their games, Saga Origins offers added beneficial support, including partnerships with influencers to generate awareness,...

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Bitcoin (BTC) Supply On Exchanges Slips To 4-Year Low, Impact On Price
CoinGape (RSS)

Bitcoin’s (BTC) inflow in the last two quarters has triggered massive bullish sentiment in the market spurring increased activity around the leading cryptocurrency.

New on-chain data from cryptocurrency analytics firm CryptoQuant shows Bitcoin supply on exchanges plummeting in the last four years. Since 2020, the amount of BTC held by users has plunged almost 40%  marking heightened bullish momentum.

Historically, the movement of assets off exchanges points to a general bullish sentiment in the market while an inflow to exchanges shows a prevailing bearish sentiment.

This is because assets on exchanges are deemed likely to be sold unlike those held on other custodians and miner reserves.

...

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Kyle Davies ‘not sorry’ for 3AC collapse, plans to avoid jail
Cointelegraph.com News (RSS)

Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.
BlackRock Tokenized Asset Fund Launched With $100 Million USDC Funding
Coincu (RSS)

BlackRock tokenized asset fund creation mirrors rising interest in tokenizing real assets via blockchain.Read more...

Coincu News
Spot Ethereum ETF Now Unlikely To Get SEC Approval In May
Coincu (RSS)

Bloomberg analysts foresee low odds of spot Ethereum ETF approval in May, citing regulatory hurdles and limited issuer collaboration.Read more...

Coincu News
DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
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Elon Musk (Twitter)

RT @SpaceX: Teams test the new emergency chutes from the pad 40 crew tower in Florida