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Web3 startups flock to accelerators as crypto enthusiasm surges

Investment activity in Web3 gaming has steadily increased recently.

Base sets record high DEX volume day, surpassing $1B

Most of the trading activity took place on UniSwap, accounting for 64.3% of the volume, followed by Aerodrome Finance at 9.7%, and SharkSwap at 7.8%.

Tornado Cash co-founder requests dismissal of money laundering charges

Roman Storm’s lawyers argued that the charges are “fatally flawed” and must be dismissed, given “there was nothing” Storm could have done to prevent sanctioned entities from using the crypto mixer.

SBF gets 25 years in prison, Fidelity eyes ETH staking, and Coinbase’s court loss: Hodler’s Digest, March 24-30

Sam Bankman-Fried sentenced to 25 years in prison, Fidelity files for Ether ETF with staking, and SEC case against Coinbase to proceed.

Paradigm’s funding takes Farcaster’s dev to unicorn status

Farcaster’s parent company is reportedly closing a new funding round led by Paradigm. The deal would take its valuation to above $1 billion.

Sphere 3D’s legal issues escalate as Gryphon seeks to block $10M

Gryphon Digital Mining is seeking to block Sphere 3D from using $10 million from a recent settlement with Core Scientific.

Dogwifhat en route to $10? WIF is now the third-biggest memecoin as whales hold tight

The largest WIF holder has an unrealized profit of over $127 million on the Solana-based memecoin.

Bitcoin price edges toward Q2 at $70K with all-time highs a key focus

Bitcoin needs to retain $69,000 into the multiple BTC price candle closes this weekend, says analysis.

What are smart contract wallets?

A smart contract wallet is an app acting as a Web3 wallet using a technology called account abstraction in place of externally owned accounts (EOAs).

U.K. court freezes £6M of Craig Wright’s assets amid Bitcoin creator claim

The judge endorsed the ‘worldwide freezing order’ the Crypto Open Patent Alliance (COPA) requested to address COPA’s total court expenses amounting to $8,471,225 (£6,703,747.91).

Crypto hacking losses decline in Q1 2024 — Immunefi

The report identifies 46 hacking incidents and 15 cases of fraudulent activities.

Grayscale introduces crypto investment fund that prioritizes staking rewards

Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale's Dynamic Income Fund.

US court favors Fed in Custodia Bank case, rejects appeal for review

Custodia Bank argued that without a master account it is a “second-class citizen” at the mercy of an intermediary bank.

Crypto Biz: Exchanges face new legal issues, Goldman Sachs’ clients eye crypto, and more

This week’s Crypto Biz explores crypto exchanges renewed challenges, BlackRock’s Bitcoin ETF inflows, Goldman Sachs’ clients returning to crypto, and Mastercad’s forecasts for remittances in Latin America.

Unexplained transfers on LENX protocol spark rug pull concerns

Mysterious withdrawals from LENX’s treasury have raised concerns about an ongoing slow rug pull on the protocol.

CFTC commissioner warns against infringing on SEC’s authority in KuCoin case

Two U.S. financial regulators cannot seem to reach a consensus on how to treat certain cryptocurrencies as securities or commodities.

$1B of US Treasurys tokenized, Base TVL doubles in a month: Finance Redefined

The real-world asset tokenization trend is heating up, fueled by BlackRock’s first tokenized asset fund, “BUIDL,” which joined 16 other tokenized government securities funds in the last week.

BNB’s 12% weekly surge: peaking or just getting started?

Can BNB break past $620? On-chain and derivatives metrics hint positvely.

VC Roundup: Investors move into cross-chain, Bitcoin layer-2 and institutional tools

This edition of Cointelegraph’s VC Roundup highlights Borderless Capital’s recent acquisition, along with new funding raises by Keyring Network, Morph, Rails, BOB, FLock and Race.

Bitcoin’s 2023–2024 growth rate has it on track to surpass Microsoft within a year

After Microsoft, all that’s left is gold. But Bitcoin will need a price point north of $800,000 to climb that mountain.

Sam Bankman-Fried gets 25 years — What happens now?

Will the former FTX CEO actually be in federal prison until he’s 57 years old? Will anything change in regard to FTX users getting their funds?

Price analysis 3/29: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON

Bitcoin is struggling to sustain above $70,000, indicating that the long-lasting rally could be tiring out.

Web3 dev platform Mirror World launches first gaming rollup chain on Solana

The software development kit allows Solana games to settle "millions of requests" during game sessions and settle them back to Solana L1 for faster processing.

Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024

Bitcoin exchange withdrawal trends are clear as “pent up institutional demand” from the spot ETFs combines with the upcoming halving to squeeze the available BTC supply.

Telegram Mini Apps are ‘Trojan horse’ for mass blockchain adoption — TON investments director

Onboarding the next 500 million users will require simple apps with “actual usability,” Justin Hyun told Cointelegraph.

Stablecoin delistings in Europe spell change for crypto exchanges, issuers

The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent.

Bitcoin trades above $69K following largest quarterly options expiry in history

Bitcoin remained above the key $69,000 mark following the quarterly expiry event, suggesting the pre-halving retracement may be over.

Crypto traders bet $2.4M on spot Ether ETF decision

Only 19% of gamblers betting on the outcome of a decision on whether to approve or deny spot Ether ETFs by the U.S. SEC are putting their money on a positive result by the May deadline.

Google’s inclusion of Bitcoin wallet balances sparks privacy debate

While some applaud the move toward mainstream adoption, privacy-centric Bitcoin supporters have raised concerns about centralized data aggregation.

Fake Ethena Labs token exploited for $290K on Binance Launchpool

The exploit on the copy-cat token occurred hours after Ethena’s new ENA token was launched for farming on Binance.

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