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Nigeria detains two Binance executives amidst investigations into the exchange's operations, prompting regulatory scrutiny and the halting of peer-to-peer trading. The situation highlights risks for investors and underscores the importance of choosing regulated platforms for cryptocurrency transactions.
Bitcoin has surged past $63,000, driven by increased ETF trading and anticipation for the upcoming halving event. This rally has sparked renewed interest in cryptocurrency markets, with potential for further growth as momentum builds.
The Islamic Coin project faces challenges in listings due to concerns over its design and potential political implications, highlighting complexities in the cryptocurrency market's regulatory landscape.
Alibaba's EMO revolutionises AI animation, animating static photos into lifelike talking and singing videos. By directly converting audio to video, EMO captures subtle motions and individual facial characteristics with astonishing realism, presenting both innovative opportunities and ethical considerations.
The Pokémon Company clarified that their new game, Pokémon Trading Card Game Pocket, won't include NFTs, addressing fans' concerns. While NFT integration in gaming faces challenges, the game aims for engaging gameplay and accessible monetisation strategies, prioritising the Pokémon experience.
Ethereum's recent surge above $3,488 on February 28th reflects a broader cryptocurrency market rally. However, the spike in funding rates to 0.07% signals potential risks of overheating and a long squeeze for bullish traders.
Jim Cramer's optimistic forecast and growing market anticipation signal potential for Ethereum ETFs, mirroring the impact of Bitcoin ETFs. With upgrades like Cancun and Shapella enhancing Ethereum's capabilities, surpassing previous all-time highs seems within reach, possibly by the third quarter.
Binance's new listing of Portal's gaming token sparked excitement, leading to a surge in market cap to $425 million. Portal offers cross-chain gaming, allowing easy access to various games and assets, with plans for token staking benefits and further expansion.
Hong Kong's Securities and Futures Commission has stopped accepting crypto exchange license applications, with non-compliant exchanges facing closure by 31 May 2024. Licensed operators include OSL Digital Securities and HashKey Exchange, while notable applicants like Bybit and OKX seek approval, though platforms like Coinbase and Kraken are absent.