Monday April 1, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

Justice Prevails As SBF Sentenced To 25 Years In Prison...


Following a sentencing hearing in federal court, Sam Bankman-Fried (SBF), the disgraced former CEO of FTX, is set to serve 25 years in prison, as decided by Judge Lewis Kaplan of the United States District Court for the Southern District of New York.


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Bitcoin Floats Around $70K As Investors Look To Take Their Profits...



Bitcoin (BTC) has once again reached the $70,000 mark after dropping below it yesterday, struggling to decisively surpass it during its recovery phase.



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Huge AI Merger Between Fetch, Ocean Protocol, And SingularityNET Announced...



Artificial Intelligence (AI) made a significant impact on the technological landscape, transcending its status as merely a buzzword to become a driving force shaping our world.

 

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Reputable Bitcoin Miner Will Establish New Base In Argentina...



The Texas-based Bitcoin miner, Giga Energy, has expanded its operations into Argentina, aiming to utilize excess energy via natural gas flaring in the local oil fields.


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KuCoin And Its Founders Sued By United States Department Of Justice...

The U.S. Department of Justice (DoJ) alongside the Commodity and Futures Trading Commission (CFTC) have brought charges and initiated legal action against KuCoin, a leading global cryptocurrency exchange, and two of its founders for breaching the Bank Secrecy Act and engaging in unlicensed money transmission.


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Experts Claim Blast Hack Was In Fact An Inside Job...




Munchables, a GameFi venture developed on Blast, recently announced a loss of $62 million due to being hacked.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising March 19 - 25...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between March 19 -25.

  

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CONTENT OF THE WEEK

Crypto News: BTC, ETH Vs. SEC, Fed Cuts, Crypto in EU, TON & MORE!!

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Billionaire Reveals Why Bitcoin Keeps Going Up

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Sam Bankman-Fried sentenced to 25 years for FTX fraud: CNBC Crypto World

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.