7 Days in Crypto

07.03.2024

Avalanche Updates: The team activated the Durango upgrade and introduced Teleporter to enhance messaging across its subnet ecosystem. Wormhole Airdrop: Distributed 617 million W tokens to 397,704 wallets on the Solana network. Spain Bans Worldcoin: Spain temporarily suspended Worldcoin’s operations over data privacy concerns. FDUSD Depeg: Stablecoin FDUSD briefly dropped to $0.92, losing its peg to the U.S. dollar. New Digital Asset Law: The Federal Council approved a law enabling the use of Digital Financial Assets (DFA) and utility digital rights in international transactions. Jim Cramer Doubts Bitcoin: The TV host expressed skepticism about Bitcoin’s continued growth. Anthropic Launches Claude 3: A new chatbot claimed to be the fastest and most powerful AI assistant so far. WOOFi Hack: DeFi platform WOOFi lost $8.75 million in a security breach. Crypto Scam Uncovered in Kyiv: Ukrainian cyber police shut down a crypto fraud ring, including Telegram schemes and two illegal call centers. New Staking Fund by Grayscale: Grayscale launched a crypto fund focused on staking income. Incognito Market Exit Scam: Darknet marketplace allegedly vanished with millions in BTC and Monero. Bitcoin Hits All-Time High: BTC price hit a new record of $69,000. AI Token Surge: Since early 2024, AI-related tokens have surged by an average of 260%, driven by momentum from OpenAI and Nvidia.