In this week's episode, we delve into a spectrum of cryptocurrency news and developments, ranging from a $4.1 million scam involving a duo in South Korea to innovative collaborations and regulatory challenges across the globe. We explore a scam where fraudsters promised 70% returns on investments, leading to the arrest of the perpetrators by South Korean police.
The episode also touches on Hong Kong officials' warnings about increasingly sophisticated crypto scams, Crossmint and Astar's initiatives to drive Web3 adoption in Japan, challenges faced by Binance in the Philippines and Nigeria, and the quirky world of meme coins reaching new heights.
Additionally, we discuss Bitwise's foray into the race for an Ethereum spot ETF, signaling a growing interest in crypto integration into traditional financial systems.
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https://substack.com/@dcndailycryptonews
News Links 👇
https://blockchainmagazine.net/duo-involved-in-4-1m-crypto-scam/
https://www.dlnews.com/articles/regulation/crypto-scammers-going-sci-fi-warns-hong-kong-official/
https://cryptobriefing.com/crossmint-astar-hakuhodo-drive-web3-japan/
https://decrypt.co/224031/detained-binance-exec-sues-nigerian-goverment
https://decrypt.co/223991/dogwifhat-wif-flips-pepe-all-time-high
https://decrypt.co/223972/bitwise-enters-race-for-ethereum-spot-etf
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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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