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Nebraska resident Charles O. Parks III is facing charges of wire fraud and money laundering for allegedly defrauding cloud computing providers of $3.5 million in a cryptojacking operation to mine cryptocurrencies, potentially earning him up to 50 years in prison if convicted on all counts.

Several crypto analysts are optimistic about a potential settlement between Ripple and the SEC, with anticipation growing as discussions continue, leading to speculation of a resolution in the ongoing legal battle.

Shiba Inu (SHIB) has shown a sudden 8% price surge, drawing attention from traders and investors. Additionally, its community executed an exceptional 64,201% token burn rate increase, removing 657 million SHIB amid market downturn, fueling further interest despite overall turbulence and price dips.

UK Finance is leading a pilot program to track financial transactions using crypto and blockchain technology with major British financial firms like Barclays, Lloyds Banking Group, and Citi participating in testing tokenized deposits. This marks significant progress in integrating crypto solutions into traditional banking systems.

OKX has launched X Layer, a layer-2 Ethereum scaling network, with OKB as the native asset for transaction fees, joining other exchanges like Coinbase and Kraken in pursuing layer 2 solutions for DApp interaction.

Trust Wallet, a cryptocurrency provider backed by Binance, warns Apple users of a high-risk iMessage exploit circulating on the dark web for $2 million, enabling hackers to seize control of iPhones without user interaction.

Excitement in the crypto community grows as the Bitcoin Halving nears. Ordinals platform sees increased activity. Runes Protocol, a new fungible token standard for Bitcoin, gains attention ahead of the halving. Fungible token prices drop. Xverse Wallet offers insights on efficient token management post-halving.

Grand Base, a tokenization platform on the Base network, faces a major security breach, causing a $1.7 million loss. The community is advised to withdraw liquidity and refrain from interacting with the affected contract as efforts are made to recover funds and halt hacker activity.

Fiji's central bank issues warnings against crypto investments, advising against the use of digital assets due to legal constraints and potential penalties, contradicting earlier discussions about integrating Bitcoin into the local economy.

Norway's energy minister is concerned about the greenhouse emissions from Bitcoin mining, leading to new regulations targeting crypto data centers. Despite experts disagreeing on the evidence, the government aims to provide clearer insights and oversight for Bitcoin miners in the country.

Despite a recent drop in Bitcoin's price pushing some short-term whales under pressure, the cryptocurrency managed to rebound above $66,000. Analysts and experts like Max Keizer encourage investors to view the market turbulence as a healthy shakeout rather than a reason to panic. Bitcoin futures and options also indicate investors' confidence is unaffected by the recent dip.

Senators Warren and Grassley are seeking information on CFTC Chair Behnam's relationship with Sam Bankman-Fried, CEO of FTX, leading to concerns about undisclosed interactions and the timing of the agency's knowledge about FTX's issues.

Nigeria's tax agency charged two Binance executives, leading to their detention, with one escaping. Nigerian government located Binance executive Nadeem Anjarwalla in Kenya after accused manipulation of the national currency. Collaboration with Interpol for extradition.

Bitcoin's dominance over the cryptocurrency market has surged to its highest level in years, driven by factors such as strong interest in U.S. ETFs and geopolitical tensions affecting market behavior.

Investors showed hesitancy last week, with digital assets experiencing minor outflows of $126 million. Ethereum had the largest withdrawal of $29 million, while alternative cryptocurrencies like Decentraland and Basic Attention Token saw inflows despite the overall outflow.