Crypto ANIVERSE Crypto Daily News_March 28, 2024

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Published in
2 min readMar 28, 2024

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Thursday, March 28, 2024
ANIVERSE Crypto Daily News💌

1. SingularityNet, Fetch.AI, Ocean Protocol reportedly discuss token merger
- Three AI protocols, SingularityNet, Fetch.ai and Ocean Protocol are in discussions to merge their tokens into an AltSignals (ASI) token that would have a fully diluted valuation of $7.5 billion.

2. Fidelity files S-1 for Ethereum ETF
- Fidelity’s filing marks a notable stride toward mainstream acceptance of crypto, particularly Ethereum, renowned for its smart contract capabilities and decentralized applications.

3. OKX’s API experiences technical glitches, display errors
- The incident confused users, with some accounts showing zero balances while others inexplicably soared to tens of millions of dollars.

4. Investors withdraw $350m worth of ETH, USDT, USDC from KuCoin
- The massive withdrawals come almost a day after two KuCoin founders, Chun Gan and Ke Tang, faced money laundering charges from the U.S. Department of Justice.

5. Coinbase to store more corporate, customer USDC holdings on Base
- Cryptocurrency exchange Coinbase wants to focus more on Base instead of Ethereum “with lower fees and faster settlement times,” noting that the move will have “no impact to the Coinbase user experience.”

6. Court rejects Coinbase motion to drop SEC case
- The Court found the SEC has sufficiently pleaded that Coinbase operates as an exchange, as a broker, and as a clearing agency under the federal securities laws, and through its Staking Program engages in the unregistered offer and sale of securities.

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