Mar 22: $57M Gone! Texas Unhappy with BTC Miners

This week's spotlight on the crypto world unveils a series of dramatic developments. Hong Kong police investigate a crypto exchange that vanished with $57 million. Singapore's super app Grab integrates crypto payments, signaling mainstream adoption. Meanwhile, Uzbekistan hikes fees for crypto operations, and a major exploit sees over $145 million laundered through Tornado Cash. In the realm of crypto personalities, 3AC’s Kyle Davies remains a controversial figure. Amidst the chaos, a CryptoPunks NFT fetches a staggering $16 million, highlighting the unyielding excitement around digital collectibles.

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https://substack.com/@dcndailycryptonews

News Links 👇

https://www.dlnews.com/articles/regulation/hong-kong-police-probe-crypto-exchange-that-shut-with-57m/

https://www.coindesk.com/policy/2024/03/19/grabs-singapore-users-can-now-use-crypto-to-make-payments/

https://www.nytimes.com/2024/03/18/technology/crypto-video-games-philippines.html

https://cointelegraph.com/news/uzbekistan-increases-fees-crypto-operations

https://www.theblock.co/post/284107/heco-bridge-exploiters-launder-145-million-usd-eth-tornado-cash

https://www.dlnews.com/articles/people-culture/bitcoin-miners-megadeal-stumbles-as-texans-sour-on-industry/

https://www.theblock.co/post/284076/kyle-davies-lured-layerzero

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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