🦎🚀 Everyday is a spicy day in crypto 🌶️

Wednesday, March 29, 2023

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

Another Day, Another Indictment

United States prosecutors revealed a new indictment on founder of defunct cryptocurrency exchange FTX, Sam Bankman-Fried, facing an additional bribery charge.

Bankman-Fried was accused of allegedly attempting to bribe Chinese government officials to unfreeze certain accounts.

The additional bribery charge is on top of the 12 other charges that he is already facing.

In today's news, beware of MetaMask airdrop scams, Lightning Network inching closer to mainstream adoption and North Korean hackers exploited cloud mining for dirty crypto.

Read on!

In CFTC vs Binance, 678k Investors Potentially Affected

In CFTC vs Binance, who do you think will win?

Certainly not the 678 thousand or so Binance.US users. The number of Binance users in the US had increased 16% from the previous month, but as the lawsuit unfolds, it remains to be seen how users will be affected.

Read more here!

24h Hot Searches Worldwide

Arbitrum (+10.8%)
ZigZag (+22.4%)
SafeMoon (-23.5%)
tomiNet (-4.8%)
XRP (+17.3%)
Silo Finance (+18.8%)
Mute (+30.2%)

Think NFTs are just for Ethereum? Bitcoin NFTs, aka Ordinal NFTs or Bitcoin Ordinals, are making waves 🌊 In today's video, we explore the potential impact of Ordinals on the Bitcoin network.

Tap here to watch!

Lightning Network, Here We Come

Bitcoin's Lightning Network has seen hints of the network inching closer to mainstream adoption as LDK announces its roadmap.

LDK, or Lightning Development Kit, is a project from Jack Dorsey-backed Bitcoin development entity Spiral.

LDK aims to make the Lightning Network more appealing for mainstream users, with prominent features such as LDK Node Mobile and async payments marked on its roadmap.

Decrypt

Scam Alert!

Web3 wallet provider MetaMask has issued a warning on "false rumors" of a MetaMask airdrop spreading across social media.

The company posted a warning on Twitter that the rumors of a snapshot on March 31 for a purported airdrop were 'false' and 'dangerous'.

Although the rumors this time around were false, Consensys (parent company of MetaMask) has not completely ruled out a future token.

Cointelegraph

Cloud Mining Abused For Crimes

Report published by Google-owned cybersecurity firm Mandiant revealed that North Korean hackers could be laundering cryptocurrency through cloud mining services.

The report disclosed that a Pyongyang-based hacker group APT43 "steals and launders enough cryptocurrency to buy operational infrastructure in a manner aligned with North Korea's juche state ideology".

North Korean hackers have long been lurking in the shadows, having stolen at least $1.2 billion over the last 5 years.

Decrypt