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U.S. Treasury Report Warns of Illicit Finance Risks Associated With DeFi

In its first analysis of illicit finance risks associated with decentralized finance published Thursday, the U.S. Treasury Department said thieves, scammers, ransomware cyber criminals and actors for North Korea are using DeFi to launder proceeds from crime. "The Hash" panel discusses the new report calling for more oversight and the pros and cons of open finance.

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Binance Turned Down Justin Sun’s Offer to Buy His Huobi Stake: Source

Binance recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi, according to a CoinDesk source. “I must point out that in the past week or so, I have not proposed any offer to [CZ] regarding the purchase of [Huobi], nor have we even discussed Huobi in the past week or so,“ Sun tweeted after the story came out.

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State of Crypto Regulation In Dubai

Dubai's crypto industry recently unveiled its crypto regulatory framework, giving locals a concrete licensing regime for digital asset issuers and service providers. The Crypto Lawyer, Irina Heaver, based in Dubai and Switzerland, discusses the state of crypto regulation in Dubai and why she thinks it is poised to become the "crypto capital of the world."

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DeFi Is a 'Viable Alternative' to Traditional Finance, Umee CEO Says

"DeFi is a viable alternative to what we see in traditional finance," Umee CEO Brent Xu said, weighing in on the state of the decentralized finance market following the multiple banking collapses in March. "People don't trust their money in deposits anymore," Xu added.

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Real 'Shapella' Winners Likely to Be Layer 2s: Runa Digital Assets COO

Investors are eyeing the price of ether (ETH) ahead of Ethereum's Shapella upgrade expected on April 12. Runa Digital Assets chief operating officer Max Williams argues that the real winners from this upgrade are likely to be Layer 2s like Arbitrum and Optimism.

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What to Know About Ethereum’s 'Shapella' Upgrade

Runa Digital Assets Chief Operating Officer Max Williams breaks down Ethereum's upcoming hard fork and key upgrade "Shapella," which will allow investors to withdraw their ether staked on the Ethereum blockchain. 

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Ethereum's Shanghai Hard Fork Nears

Investors are awaiting Ethereum's 'Shapella' upgrade, slated to go live next week. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Bitcoin Briefly Loses Its Grip on $28K

Bitcoin (BTC) is slipping below $28,000, the day before a key U.S. jobs report. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Voyager-Binance.US Legal Dispute Must Be Settled by April 13: Court Documents

Voyager Digital and its creditors stand to lose $100 million if legal objections brought by the U.S. government aren't resolved by April 13, according to documents filed in court late Monday night. CoinDesk Regulatory Reporter Jack Schickler explains why this week is "crunch time" for the Binance.US-Voyager deal.

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Dubai Is the 'Crypto Capital of the World,' Lawyer Says

Dubai's crypto industry recently unveiled its crypto regulatory framework, giving locals a concrete licensing regime for digital asset issuers and service providers. The Crypto Lawyer Irina Heaver, based in Switzerland and Dubai, discusses the state of crypto in Dubai, explaining why the region is a "crypto capital of the world."

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