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    Blockchain

    South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto

    A South Korean law firm operator was jailed in Busan on March 11 after being found guilty of stealing clients’ money to spend on crypto investments.

    Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16

    Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum (ARB) tokens on March 16, marking a major milestone for the platform.

    UAE Integrates Cardano Blockchain for Enhanced Criminal Investigation Security

    During this year’s World Police Summit in Dubai on March 5-7, the United Arab Emirates made headlines by adopting Cardano blockchain technology to enhance the security of its criminal investigations. The Dubai Police’s use of the technology marks a major step towards blockchains integration into the mainstream.

    Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch

    Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its solution for scaling the Ethereum network.

    Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy

    Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.

    Mudrex to Offer US Spot Bitcoin ETFs to Indian Investors

    Mudrex, an Indian cryptocurrency investment platform, has announced plans to offer US spot Bitcoin (BTC) exchange-traded funds (ETFs) to institutional and retail investors in India, said CEO and co-founder Edul Patel in a recent interview.

    Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach

    Decentralized finance (DeFi) protocol Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds. 

    Exclusive: Web3 Development-Focused Core Foundation Launches New NFT Marketplace

    Core Foundation, which aims to create a secure and decentralized ecosystem for dApps, is launching a non-fungible token (NFT) marketplace.

    MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns

    Facing unprecedented market volatility and a significant reduction in reserves, BA Labs has proposed an emergency rate adjustment within the MakerDAO community forum.

    China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs

    China’s Shandong Province has introduced a digital yuan loan program for entrepreneurs, a step towards integrating digital currency in regional business practices.

    South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom

    K Bank, a South Korean neobank that has seen rapid growth thanks laregely to its crypto operations, is set to make an initial public offering (IPO) bid.

    Pro-Bitcoin Senator Cynthia Lummis Leads Push for Stablecoin Regulation: A Look at the Bill and Its Impact

    The stablecoin regulation bill by U.S. Senators Cynthia Lummis and Kirsten Gillibrand is set for an imminent announcement according to a March 7 report.

    Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors

    Terra founder Do Kwon has been caught in a legal battle between the United States and South Korea over which nation gets to extradite the crypto mogul to their turf.

    Goldman Sachs Upgrades Coinbase to Neutral as Bitcoin Prices Rally

    Wall Street Investment firm Goldman Sachs (GS) adjusted its bearish stance on Coinbase on March 7 by upgrading COIN’s stock position from sell to neutral. This shift in position followed the recent bitcoin price uptrend, which set a new all-time high of $69,225.37 on Wednesday.

    Philippine Central Banker Unveils Project Agila: A Leap into wCBDC Pilot

    The central bank of the Philippines (BSP) aims to complete a CBDC pilot by the end of the year, according to a local press report.

    Piers Ridyard, CEO of Radix DLT, on The Future of Web3, Wallets, Account Abstraction, and Creating the Game Engine for DeFi | Ep. 315

    In an insightful interview, Piers Ridyard, CEO of the decentralized network Radix DLT, discussed his “wild ride” through the worlds of smart contracts and Y Combinator.