EddieJayonCrypto

 25 Mar 24

tl;dr

The UK Wants Bitcoin Spot ETFs, Bitcoin Miners Move Equipment to Africa and South America!• Nigeria's tax authority charges Binance with tax evasion, leading to the detention of two Binance executives and one escapee.• The UK debates Bitcoin ETFs, with industry leaders pushing for wider access, pote...

The UK Wants Bitcoin Spot ETFs, Bitcoin Miners Move Equipment to Africa and South America!

• Nigeria's tax authority charges Binance with tax evasion, leading to the detention of two Binance executives and one escapee.
• The UK debates Bitcoin ETFs, with industry leaders pushing for wider access, potentially signaling regulatory change.
• Bitcoin miners relocate old equipment from the US to countries like Ethiopia ahead of the halving event, reshaping the crypto mining landscape.
• Avalanche co-founder warns about risky layer-2 solutions in the crypto space, urging investors to be cautious.
• Grayscale's Bitcoin Trust faces outflows, raising concerns about its future as analysts predict depletion in 96 days; about to be eclipsed by BlackRock
• Polygon's zkEVM protocol experiences a 12-hour downtime, raising questions about reliability and scalability.
• RippleX discloses a technical glitch affecting the AMM pool on the XRP Ledger, advising users to halt deposits.
• Ripple Labs faces the next phase of the XRP lawsuit against the SEC, with documents submitted for the opening remedies phase.

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