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Coin Bureau Insider

🔥 Rally Report 🔥

DOGWIFHAT

The price of WIF has rallied by 15% in the past 24 hours.

WHY?!

📈 Part of a larger rally seen among meme coins.

🔍 The memecoin has begun extending beyond the Solana ecosystem. Notably, there has been a surge in the popularity of meme coins on other chains like Base and Polkadot.

If you want to buy or trade WIF, we have an exclusive trading fee discount of up to 60% on Kucoin 👇

🔗 https://www.coinbureau.com/deals/trading/kucoin/

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

Another Monday, another weekly crypto review! It’s definitely getting tense in the crypto market. BTC has been very volatile, and it looks like Ethereum is starting to come under SEC scrutiny.

At the same time, regulators in the EU are starting to crack down on crypto payments. Friendly reminder to all the Europeans out there that you may not be able to access stablecoins come June!

Meanwhile, the Fed has decided its going to keep cutting rates despite rising inflation. The central bank of Switzerland has already beat them to the punch. The result is lots of big top performing cryptos!

Enjoy!

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Coin Bureau Insider

🔥 Rally Report 🔥

TONCOIN

The price of TON has rallied by 10% in the past 24 hours.

WHY?!

🔍 The TON Foundation has announced that its Open League program starts April 1. The program will see 30M TON being distributed to projects and users in the TON ecosystem.

‼️ Additionally, crypto exchange Bybit announced the listing of Notcoin (NOT) for pre-market trading. Notcoin is a memecoin project on TON. Trading will start at 10 AM UTC Mar 25th, 2024.

If you want to buy or trade TON, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!

🔗 https://www.coinbureau.com/deals/trading/bybit-cb/

Looking for a Bybit guide?! 👇

📹 https://www.youtube.com/watch?v=YZV9mji7UQo

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

BTC is rallying, but what about altcoins? Sure, there are a few that have seen significant rallies, but if you look closely, you’ll notice that most of them have been underperforming BTC, including ETH.

Naturally, many believe that this is because of the spot Bitcoin ETFs and the inability of ETF investors to rotate into altcoins. The thing is that it’s crypto whales and retail investors that pump altcoins.

In today’s video, we explore exactly why altcoin season hasn’t started yet, when it could start, how to tell, and which cryptos you need to watch. This is truly a video you can’t miss!

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (23/03/24)

1️⃣ Orb Eye-Scanning Code Made Open Source by Worldcoin Foundation 🧐

According to reports, the Worldcoin Foundation is open-sourcing “core components” of its Orb technology. Worldcoin stated that the move is meant to foster “trust, transparency and verifiability” while also encouraging developer communities to further advance technology. The core components of the Orb software can now be accessed on GitHub under an MIT/Apache 2.0 dual license. The new open-source components reportedly “complement” the hardware it previously released.

Source

2️⃣ Montenegrin Authorities To Release Do Kwon As He Awaits Extradition 🔍

According to local media reports, Terraform Labs co-founder Do Kwon will be allowed to leave prison on March 23 as local courts decide on his fate over extradition to the United States or South Korea. Notably, the move comes roughly a year after being held in custody. However, Kwon will be forced to surrender his travel documents to prevent him from leaving the country. The decision to release Kwon reportedly came from the Council of the Supreme Court.

Source

3️⃣ FTX To Offload $1B Anthropic Stake To Pay Off Bankruptcy Debts Within Weeks ⚡️

According to a CNBC report, bankrupt crypto exchange FTX will soon offload its stake in artificial intelligence firm Anthropic (worth $1 billion) as part of a deal to pay off its bankruptcy debts. The report states that global investors including sovereign wealth funds are lining up for the chance to purchase the shares. However, CNBC’s sources also claim that Anthropic will not consider allowing any investment from Saudi Arabia due to national security concerns.

Source

4️⃣ SEC Again Delays Decision on Grayscale Ethereum ETF ‼️

In a filing published on March 22, the U.S. Securities and Exchange Commission revealed that it was postponing a decision on whether to approve Grayscale Ethereum Futures Trust's Ethereum ETF application. The new deadline is May 30.

The filing reads,

The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein.


Source

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (22/03/24)

1️⃣ Newly Issued Gaming Token Exploited on Blast With $4.6M Drained

‘SSS’, the new token issued by the gaming project Super Sushi Samurai on layer-2 network Blast, has reportedly been exploited with $4.6 million stolen less than a week after its introduction. The hacker exploited a vulnerability in the smart contract's mint function before selling tokens directly into the SSS liquidity pool.

Fortunately, it appears the exploit was carried out by a white-hat hacker. The hacker sent a message to the team via a BlastScan message, stating that the event was a "white hat rescue" hack. They also suggested that they would like to work together on “reimbursing users.”

Source

2️⃣ Avalanche 'Meme Coin Rush' Offers $1 Million in Rewards for Traders

The Avalanche Foundation has announced the launch of Meme Coin Rush, a $1 million liquidity mining incentive program aimed at boosting the meme coin ecosystem on the Avalanche blockchain. The announcement follows the Foundation's recent acquisition of five Avalanche-based “community coins” — KIMBO, COQ, GEC, TECH, and NOCHILL. Under the liquidity mining program, the Foundation will hand out rewards for providing liquidity for meme coin trading pools on certain DeFi platforms.

Source

3️⃣ Do Kwon’s Extradition Case May Be Headed to Montenegro’s Supreme Court ☄️

Montenegro’s Supreme State Prosecutor’s Office (SSPO) has reportedly challenged the High Court’s decision to extradite Do Kwon, co-founder of Terraform Labs, to his native South Korea instead of the U.S. According to the SSPO’s request, the appellate court violated procedure in rejecting an appeal from Kwon’s legal team. It argued only the Supreme Court had the authority to adopt a legal decision in the case.

The translated statement reads,

The court, contrary to the law, conducted abbreviated, instead of regular proceedings and by exceeding the limits of its powers, made a decision on the extradition permit, which is the exclusive competence of the Minister of Justice.


Source

4️⃣ Automation App IFTTT Blamed For Recent ‘$Packy’ Token Scam on X ‼️

According to a Cointelegraph report, a third-party auto-posting service known as IFTTT (If This Then That) is the reason the X accounts belonging to crypto influencers, including a16z adviser Packy McCormick, Coinbase product director Scott Shapiro, Twitch co-founder Justin Kan and others had been compromised. Notably, their accounts had been co-piloted by scammers to promote a spurious token called “PACKY.”

Source

5️⃣ Heco Bridge Exploiters Launder Over $145M in ETH via Tornado Cash 🔍

According to blockchain security firm PeckShield, hackers who exploited the Heco Bridge in November have laundered more than 40,000 ETH (worth $145 million) via crypto mixer Tornado Cash over the past eight days.

Source

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Coin Bureau Insider

https://www.youtube.com/watch?v=ecX9on1NQ6A

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (21/03/24)

1️⃣ SEC Probing Crypto Companies in Ethereum Investigation as Hopes For ETF Dim ‼️

According to a Fortune report, the United States Securities and Exchange Commission has issued several subpoenas to U.S. companies in an attempt to label Ether as a security. The report also stated that the Ethereum Foundation is facing questions from an unnamed "state authority" after the group’s website's GitHub repository displayed a GitHub commit dated Feb. 26, 2024. The commit states, "we have received a voluntary enquiry from a state authority that included a requirement for confidentiality."

Source

2️⃣ Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court

A Montenegro appeals court has reportedly rejected an appeal from Terraform Labs co-founder Do Kwon that could have blocked his extradition to South Korea. Do Kwon's attorney, Goran Rodic, told CoinDesk that the extradition was now final, and neither the U.S. nor Kwon could further appeal the decision. However, the timeline for his extradition is yet to be disclosed.

Source

3️⃣ Coinbase Transactions Are Failing Due to Congestion on Ethereum Scaler Base 🔴

Transactions on crypto exchange Coinbase are reportedly stuck due to issues on the layer-2 network Base.

Coinbase representatives stated,

Due to high network traffic on the Base network, transaction fees increased over the last 24 hours. Some user transactions that were submitted with lower fees may be stuck in a 'pending' state. If possible, users with pending transactions should cancel their transaction and resubmit with the latest estimated gas fee. If you are unable to cancel your pending transaction, the transaction will complete once traffic subsides. Rest assured, your funds are safe. Pending transactions will process once fees reduce. The Coinbase Wallet team is working on implementing a transaction cancellation feature, and will provide an update once available.

Source

4️⃣ FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray 🔍

In a victim impact statement penned by John J. Ray III on behalf of FTX and its subsidiaries, the current FTX CEO pushed back against former CEO Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” He told New York District Court Judge Lewis Kaplan that Bankman-Fried’s “delusional” claims that his exchange was solvent are a “mischaracterization” of the estate’s January statement that they expect to pay customers back in full.

He argued that just because the FTX estate was able to scrape together enough money to pay back the exchange’s customers through “tens of thousands of hours…spent digging through the rubble of Mr. Bankman-Fried’s sprawling criminal enterprise to unearth every possible dollar, token, or other asset” – does not mean that Bankman-Fried’s behavior was not criminal.

Source

5️⃣ OKX Terminates Services in India, Asks Users to Withdraw Funds by April 30 🔽

Crypto exchange OKX is reportedly closing its services in India nearly three months after the Financial Intelligence Unit (FIU) of the Indian Ministry of Finance issued compliance notices to nine foreign crypto exchanges. The exchange has asked users to close their accounts and redeem funds before April 30. It cited local regulatory hurdles as the key reason behind the decision.

Source

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Coin Bureau Insider

https://www.youtube.com/watch?v=XQys6bV3crU

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (20/03/24)

1️⃣ Genesis Agrees To Pay $21M To Settle SEC Case ☄️

Bankrupt crypto lender Genesis Global Capital has reportedly agreed to pay a $21 million civil penalty as part of a final court judgment to settle charges related to the Gemini Earn lending program. Notably, the settlement comes days after a New York judge denied motions by Genesis and crypto exchange Gemini to stop the SEC case filed in January 2023 from moving forward

United States Securities and Exchange Commission Chair Gary Gensler stated,

Today’s settlement builds on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws. Doing so best protects investors. It promotes trust in markets. It’s not optional. It’s the law.


Source

2️⃣ BlackRock Creates Fund With Securitize

According to a document filed with the U.S. Securities and Exchange Commission (SEC), investment management giant BlackRock has created a fund called the BlackRock USD Institutional Digital Liquidity Fund in partnership with asset tokenization firm Securitize. While the filing does not reveal what assets the fund will hold, Securitize's presence suggests the product may have something to do with the tokenization of real-world assets.

Source

3️⃣ Ethereum Scalers Immutable and Polygon Unite for $100 Million Gaming Fund

Immutable and Polygon Labs have reportedly teamed up with VC firm King River Capital to launch a $100 million blockchain gaming investment fund called the Inevitable Games Fund (IGF).

The fund’s first close raised $30 million, with contributions to IGF from Abu Dhabi’s Alpha Wave Ventures, Web3 gaming guild Merit Circle, TechCrunch co-founder Michael Arrington, former Algorand CEO Steve Kokinos, Polygon co-founder Sandeep Nailwal and Immutable founders James and Robbie Ferguson.

The Inevitable Games Fund has already invested in seven projects, including monster-battling game Pixelmon, mech shooter MetalCore, Immutable’s mobile role-playing game Guild of Guardians, and battle royale shooter My Pet Hooligan.

Source

4️⃣ SBF Says Proposed 50-Year Sentence Casts Him As ‘Depraved Super-Villain’ 🔍

In a letter sent in response to the government’s sentencing proposal, former FTX CEO Sam “SBF” Bankman-Fried’s lawyers say that a proposed maximum sentence of 50 years in prison for the founder invokes a “medieval” view of punishment and doesn’t accurately reflect the severity of his crimes.

The letter reads,

With marked hostility, the memorandum distorts reality to support its precious 'loss' narrative and casts Sam as a depraved super-villain; it attributes to him dark and megalomaniacal motives that fly in the face of the record; it makes apocalyptic prophecies of recidivism; and it adopts a medieval view of punishment to reach what amounts to a death-in-prison sentencing recommendation. That is not justice.


Source

5️⃣ 3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt' 🧐

On a March 19 episode of the Unchained Podcast, Three Arrows Capital co-founder Kyle Davies stated that he is not sorry for the crypto hedge fund going bankrupt. Davies also stated that his professional reputation was still intact despite receiving outsized backlash for his past misdeeds on social media.

He stated,

Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right? It’s how you build or what you do about it. We’re definitely trying our best. We can add value in various ways. At a minimum, we can even tell the next Three Arrows how to do things better when they go bankrupt.


Source

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (19/03/24)

1️⃣ Spot Bitcoin ETFs Hit Negative Flows as GBTC Sheds $642M In a Day 🕯

According to data from Farside Investors, Grayscale notched a total of $642.5 million in outflows on March 18. Notably, this marks the largest day of outflows for the fund since its conversion to a spot ETF on Jan. 11. Meanwhile, inflows into Fidelity’s Bitcoin ETF stumbled to just $5.9 million the same day, resulting in a net outflow of $154.3 million for spot Bitcoin ETFs. At the time of writing, Bitcoin is trading at roughly $63K, down 6% from yesterday.

Source

2️⃣ Fidelity Adds Staking to Ether ETF Application ▶️

According to a recently filed 19b-4 amendment, financial services giant Fidelity is seeking permission to stake a portion of the Ether held by its proposed spot Ether ETF, to provide investors with additional income. While Fidelity did not disclose a specific staking provider, the news resulted in the price of Lido’s LDO token briefly jumping 6% from $2.48 to $2.56 before falling back to $2.49.

The application reads,

The Sponsor may, from time to time, stake a portion of the Fund’s assets through one or more trusted staking providers, which may include an affiliate of the Sponsor (“Staking Providers”).


Source

3️⃣ BitMEX Whale Tanks Bitcoin Price To $8.9K During BTC Sell-Off 🔽

At around 1 am UTC, users of the crypto derivatives exchange BitMEX reported an anomaly in the exchange’s BTC/USDT spot market that temporarily brought down Bitcoin prices to roughly $8,900. According to an investigation conducted by BitMEX, an unknown entity sold over 400 BTC in a short period of time. This large sell order was reportedly made in batches of 10–50 BTC over two hours. BitMEX also stated that its derivatives markets and the prices of the XBT derivatives contracts were not affected by the fluctuation.

Source

4️⃣ Japan’s $1.5 Trillion Government Fund Seeks Info On Illiquid Assets Including Bitcoin For Portfolio Diversification 🔍

Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is reportedly looking at Bitcoin as a potential diversification tool. The fund officially invited the public to submit information on low-liquidity assets such as bitcoin, gold, and farmland. This is reportedly part of its five-year research to innovate investment strategies in response to economic and social changes and the rapid development of technology.

In the annual report for 2022, GPIF stressed that diversification is the company’s primary investment strategy. It stated,

Our primary investment strategy is diversification by asset class, region, and timeframe. While market prices may fluctuate in the short term, GPIF will take full advantage of our long-term investment horizon to achieve investment returns in a more stable and efficient manner.


Source

5️⃣ Binance Founder Changpeng Zhao Launches ‘Giggle Academy’ ☄️

Binance founder Changpeng "CZ" Zhao is reportedly launching a new nonprofit online education platform called Giggle Academy. Notably, Giggle’s concept paper outlines an ambitious vision to "make basic education accessible, addictive and adaptive, to the kids who don't have access to them today, all around the world, for free." CZ also wrote that the project is hiring and that one of the benefits is the chance to work directly with him.

Source

6️⃣ Solana Meme Slerf Notches $1.7B in Volume After Developer Loses All Presale Funds ‼️

Yesterday, a sloth-themed meme coin on the Solana network called Slerf raised $10 million via a presale and quickly gained popularity even though the developer made a major fumble. Specifically, the dev claimed to have accidentally burned the tokens set aside for the airdrop. He claimed this occurred while attempting to burn the project’s LP tokens. Following the announcement, the token seems to have chalked up multiple exchange listings, a $1.7 billion trading volume and thousands of unique holders in a few hours after going live.

Source

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Coin Bureau Insider

https://www.youtube.com/watch?v=sk108bUqUCA

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Coin Bureau Insider

🔥 Rally Report 🔥

DOGWIFHAT

The price of WIF has rallied by 21% in the past 24 hours.

WHY?!

☄️ The rally follows Elon Musk’s recent post of a photo on St. Patrick’s Day.

🔍 Notably, the photo showed three dogs, each wearing a hat.

If you want to buy or trade WIF, we have an exclusive trading fee discount of up to 60% on Kucoin 👇

🔗 https://www.coinbureau.com/deals/trading/kucoin/

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

Is Japan a serial bag fumbler?

In the 2010s, it was home to the biggest bitcoin market in the world.

And in the not-too-distant past, Japan was becoming richer faster than any other advanced economy.
But in both cases - macro and crypto - the wheels fell off, and Japan lost serious momentum.
Now, the government is trying to play catch up - but is it too late?

We hopped in the trenches to look for answers, and came back up with more than we had bargained for.
We’re talking epic rugs, riches and a cameo from PEPE’s ceramic cousin.

So tune in - this is a deep dive you don’t want to miss!

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Coin Bureau Insider

https://www.youtube.com/watch?v=90t05IcJhzg

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Coin Bureau Insider

https://www.youtube.com/watch?v=1BtzmHvqZsA

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (25/03/24)

1️⃣ ParaSwap Begins Returning Crypto After Critical Smart Contract Bug 🔍

DeFi aggregator ParaSwap has reportedly begun returning crypto to users after addressing a major vulnerability last week. Specifically, the ParaSwap team had discovered a vulnerability in its newly launched AugustusV6 smart contract. However, timely intervention by white hat hackers prevented a large loss of assets from the platform. The ParaSwap team also announced that it is collaborating closely with blockchain analytics and security firms Chainalysis and TRM Labs and is “actively engaged in identifying hacker addresses and tracing the movement of the funds.”

Source

2️⃣ Goldman Sachs Hedge Fund Clients Are Piling Back into Crypto This Year ☄️

According to a statement made by Goldman Sachs Asia Pacific’s head of digital assets Max Minton, many of the firm’s clients have started to become active or were “exploring getting active” in the crypto sector.

Minton explained that the increased appetite for cryptocurrency likely stems from the approval of the ten new Bitcoin ETFs in the United States in January. He also revealed that the bulk of the fresh demand comes primarily from Goldman’s existing clients by way of his firm’s options and futures offerings, with hedge funds being the most involved of its clients.

Source

3️⃣ Indonesian NFT ‘Selfie Guy’ Makes $1.8M In Memecoin Comeback ⚡️

Sultan Gustaf Al Ghozali, an Indonesian college student who earned a million dollars selling NFTs of his selfies in 2022 has made a comeback. On March 24, he announced the second iteration of Ghozali Everyday — a memecoin and NFT hybrid project on the Base blockchain. The presale for the memecoin, which had a cap of 400 ETH, has surpassed the mark with token balances at approximately 527 ETH (worth $1.8 million). However, Ghozali wrote on X that he would refund those who sent more ETH after the cap was reached.

Source

4️⃣ Detained Binance Executive Escapes From Custody In Nigeria ‼️

According to local media reports, Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, escaped from lawful custody using a fake passport on Friday. Notably, the news comes as other reports claim the Nigerian government has launched criminal proceedings against the exchange for tax evasion.

Source

5️⃣ Binance Follows Circle And Drops USDC Support On Tron 🔽

Crypto exchange Binance will reportedly cease support for deposit and withdrawal of TRC-20-based USDC tokens from April 5th. The announcement comes after USDC issuer Circle announced plans on Feb. 20 to discontinue support for the stablecoin over the Tron blockchain. However, the exchange will continue to allow USDC trades after the deadline. USDC deposits and withdrawals on other supported blockchains will not be affected.

Source

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Coin Bureau Insider

https://www.youtube.com/watch?v=G-ZlfqV209w

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (24/03/24)

1️⃣ EU Committees Approve Ban on Anonymous Crypto Transactions Via Hosted Wallets 🥶

A majority of the European Parliament’s lead committees have reportedly approved a ban on anonymous cryptocurrency transactions of any value made through hosted crypto wallets. Notably, ‘hosted wallets’ refer to wallets provided by centralised exchanges and not self-custodial wallets.

Specifically, the new AML legislation applies certain limits for cash transactions and anonymous cryptocurrency payments. Under the new rules, anonymous cash payments over 3,000 euros will be banned in commercial transactions, and cash payments over 10,000 euros will be completely banned in business transactions. The new law is expected to be fully operational within three years from its entry into force.

Source

2️⃣ Hospitality Worker Caught With $2.5B Bitcoin Found Guilty Of Money Laundering 🔍

Jian Wen, a hospitality worker who was discovered with $2.5 billion worth of Bitcoin in her possession, has reportedly been found guilty of money laundering in a United Kingdom specialized court for major fraud cases.

The Southwark Crown Court found Jian Wen guilty of laundering money using Bitcoin to purchase "multi-million-pound houses and jewellery." The investigation involved scrutiny of 48 electronic devices and thousands of digital files, many of which were translated from Mandarin.

Source

3️⃣ Polygon zkEVM Blockchain Sees 12-Hour Ongoing Outage ‼️

Ethereum Layer 2 network Polygon zkEVM is reportedly suffering a network outage due to an issue with its blockchain sequencer. Notably, the blockchain sequencer is responsible for organising and combining transactions into batches before relaying them to the Polygon zkEVM smart contract on Ethereum’s main network. Polygon has tweeted that it is working on fully resolving the issue and promised to release a comprehensive “post-mortem” statement once the matter is resolved.

Source

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Coin Bureau Insider

🔥 Rally Report 🔥

TONCOIN

The price of TON has rallied by 12% in the past 24 hours.

WHY?!

⚡️ The TON Foundation announced that it had airdropped more than 16K TON to users who completed all Level 1 Open League quests.

🔍 It also hinted that more rewards were coming for participants who continued engaging with the ecosystem

If you want to buy or trade TON, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!

🔗https://www.coinbureau.com/deals/trading/bybit-cb/

Looking for a Bybit guide?! 👇

📹 https://www.youtube.com/watch?v=YZV9mji7UQo

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Coin Bureau Insider

🔥 Rally Report 🔥

FANTOM

The price of FTM has rallied by 12% in the past 24 hours.

WHY?!

🎙 Coinbase International Exchange announced that it will add support for Fantom perpetual futures on Coinbase International Exchange and Coinbase Advanced.

The FTM-PERP markets will be launched at 09:30 UTC March 28.

If you want to buy or trade FTM, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!

🔗 https://www.coinbureau.com/deals/trading/bybit-cb/

Looking for a Bybit guide?! 

📹 https://www.youtube.com/watch?v=YZV9mji7UQo

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

Dencun is here!

One of Ethereum’s most highly-anticipated upgrades since The Merge took place last Wednesday. Layer 2 rollup solutions can now benefit from much cheaper storage costs, meaning users can now interact whilst enjoying heavily reduced gas fees and faster transaction speeds.

This efficiency supercharge is not only great for the Layer 2 protocols and their users, but also for the long term vision of Ethereum’s scalability.

And yet, despite how bullish Dencun is for Ethereum and its Layer 2 ecosystem, ETH suddenly turned quite bearish on the charts.

That’s why today, we’re going to recap Dencun, look at how it stands to change not only Ethereum, but the crypto market as a whole, and why this upgrade has been somewhat underwhelming.

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Coin Bureau Insider

🔥 Rally Report 🔥

DOGECOIN

The price of DOGE has rallied by 14% in the past 24 hours.

WHY?!

🎙Crypto exchange Coinbase announced that it plans to launch cash-settled futures contract products for DOGE on April 1.

Coinbase also stated that Dogecoin’s “enduring popularity and the active community support” has transcended its meme origins to become a staple in the cryptocurrency industry.

If you want to buy or trade DOGE, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!

🔗 https://www.coinbureau.com/deals/trading/bybit-cb/

Looking for a Bybit guide?! 

📹 https://www.youtube.com/watch?v=YZV9mji7UQo

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

The crypto market is crashing, and this has everyone wondering what’s going on. Today’s video has all the answers to all the biggest questions, including why crypto is crashing and when it will recover.

As is often the case, the official story you’re seeing in the media isn’t completely accurate. More importantly, the actual factors driving crypto prices point to more downside in Q2.

However, it’s important to put things into perspective. There’s a high chance most cryptos will end the year at new highs, and the blow off top phase is less than a year away.

All that and more in today’s video!

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Coin Bureau Insider

🔥 Rally Report 🔥

STARKNET

The price of STRK has rallied by 12% in the past 24 hours.

WHY?!

The Starknet Foundation has reportedly extended the eligibility of first round of Starknet provisions to eligible VeVe users, Non-VeVe StarkEx users who were previously identified as VeVe users and pooled stakers. This means that Immutable X users who performed eight or more transactions before June 1, 2022, can now claim their airdrop.

🔴 The fresh batch of users eligible for the February airdrop can begin claiming their STRK in April.  

If you want to buy or trade STRK, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!

🔗 https://www.coinbureau.com/deals/trading/bybit-cb/

Looking for a Bybit guide?! 

📹https://www.youtube.com/watch?v=YZV9mji7UQo

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (18/03/24)

1️⃣ Solana's Memecoin Mania Pushes On-Chain Volumes And Fees To New Highs 🕯

The popularity of memecoin trading and speculation on Solana reportedly pushed on-chain volumes (in USD) to a new all-time high last Friday. According to data from DefiLlama, volume on Solana exceeded $3.79 billion by the end of last week. Notably, this is much higher than the blockchain's previous all-time high volume of $2.85 billion — a figure set just earlier this month. According to The Block's data, the total fees on Solana are also at new all-time highs. Notably, the total transaction fees paid on Solana yesterday amounted to $3.83 million, or 20,350 SOL — the vast majority of which were non-vote priority fees.

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2️⃣ New York Jury Convicts Two Promoters Of IcomTech Crypto ‘Ponzi’ ▶️

According to reports, a jury in a New York District Court has convicted David Brend and Gustavo Rodriguez - two former promoters of alleged crypto mining and trading company IcomTech, of wire fraud conspiracy. Both defendants reportedly face a maximum sentence of 20 years for their role in the “Ponzi” scheme

IcomTech reportedly claimed to investors that it would give guaranteed daily returns from the company’s crypto trading and mining activity. However, the company allegedly ran a “Ponzi” scheme that used investor funds to pay other investors. Certain promoters also “siphoned off, in some cases, hundreds of thousands of dollars in victim funds” to buy real estate, travel and host “lavish expos and small community presentations,” where promotors showed up in “expensive cars and wearing luxury clothing” to lure more investors with promises of “financial freedom.”

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3️⃣ Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars) ‼️

According to a recent press release, New York-based regulated prediction market Kalshi will let clients bet on five different cryptocurrency price outcomes. Examples include when bitcoin (BTC) will reach $100,000 and the highest price Ethereum's ether (ETH) will reach in 2024. However, the firm also clarified that while these bets are about crypto, they will be placed in U.S. dollars, like all other markets on Kalshi.

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4️⃣ Base Surges To 2M Daily Transactions Following Dencun Upgrade 📈

According to reports, daily transactions on the Ethereum layer-2 network Base have skyrocketed to a record number of 2 million transactions just a few days after the Dencun upgrade. Notably, Base was processing just around 440,000 transactions per day before the upgrade. The day after, this climbed to 1.1 million and continued to rise in the days following, hitting 2,064,920 on March 16. This is likely a result of the average transaction fees on Base falling by more than 60% since the upgrade.

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5️⃣ Memecoin Presales Hit ‘Peak Degeneracy’ With Over $100M Raised In 3 Days ⚡️

According to a Cointelegraph report, crypto traders have sent around $100 million worth of SOL to buy into new Solana meme coins in the last 72 hours. One Twitter user described it as “peak degeneracy.” Notably, the memecoin presale mania comes after a memecoin called Book of Meme launched using the controversial crowdfunding model.

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

It’s Monday, and that means it’s time for another weekly crypto review! In case you missed the news, BTC saw yet another all time high last week, and it looks like the correction could continue.

Similarly, ETH has been struggling despite the Dencun upgrade, but SOL and certain memecoins on Solana have continued to rally, suggesting some interesting things about how investors see Ethereum.

On the macro front the Fed’s upcoming press conference is front and center, and it’s possible that it will cause another leg lower in the current dip. Fortunately or unfortunately, the Treasury will keep printing.

Enjoy!

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Coin Bureau Insider

https://www.youtube.com/watch?v=bYUHdAJQuG8

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Coin Bureau Insider

🔔 MARKET MOVING NEWS! (17/03/24)

1️⃣ Starbucks Says Its NFT Rewards Program Must Come To An End ‼️

Coffee giant Starbucks is reportedly shutting down its Starbucks Odyssey Beta platform on March 31st. Notably, the Starbucks Odyssey Beta platform allowed users to engage in coffee-themed games and challenges in return for digital stamps that could be used to access new benefits and interactive experiences. Along with the platform, Starbucks also stated that it will shut down the marketplace where users traded their digital stamps, as well as the community discord server.

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2️⃣ OpenAI CTO Mira Murati “Not Sure” Where Sora’s Training Data Comes From 🤔

According to a Wall Street Journal report, OpenAI’s chief technology officer, Mira Murati offered vague responses when asked about the source of data for the company’s recently launched Sora model, which is capable of generating videos from text instructions.

When asked whether Sora was trained with data from social media platforms, such as YouTube, Instagram, or Facebook. Murati replied stating that she was “not sure about that.” She hinted that it could be possible “if they were publicly available — publicly available to use,” but also caveated by stating that she was “not sure” and “not confident about it.”

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3️⃣ Remilia Founder Charlotte Fang Claims He Was Hacked as Treasury Is Drained of Millions 🔽

Remilia and Milady founder Krishna Okhandiar (aka Charlotte Fang) is reportedly claiming to have been hacked after large quantities of ether and NFTs were transferred to a wallet which appears to be liquidating the assets.

Notably, the event was first flagged by X user Dumpster DAO, who posted a screenshot of Okhandiar claiming he "got drained," and linking to an address that has received assets from Remilia-linked wallets. That address has since liquidated several Milady-related NFTs, including NFTx staked NFTs, and has sent $1 million in ether to a secondary address.

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4️⃣ Pro-XRP Lawyer Confident He Can Win Senate Bid, Sets $1M Campaign Goal 🔍

In a recent tweet posted on X (formerly Twitter), pro-XRP lawyer John Deaton told followers that he is ready to take on cryptocurrency critic Senator Elizabeth Warren in the Massachusetts Senate race. He urged his large crypto-friendly social media following to financially back his campaign and also declared that he has invested $500,000 of his own money into the senate campaign.

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Coin Bureau Insider

🚨 New Video Alert!! 🚨

AI cryptos have seen some of the biggest gains, and it’s left everyone wondering which ones actually have long term potential.

A recent report by Galaxy Digital reveals the crypto projects that are building the most important tech. Spoiler: not all of them have tokens yet.

This presents a unique opportunity for those who are willing to pay attention. If you watch until the end and remember these names, you may just make big gains during the next AI crypto wave.

Enjoy!

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