Episode Details

27th March- Crypto & Coffee at 8

🔥KuCoin Exchange charged by U.S. federal prosecutors 🚨 Tether.to AI venture ❗WAX Signs Deal With AWS 🔴Joe Biden Memecoin

🔥 Prominent Global Cryptocurrency Exchange KuCoin And Two Of Its Founders Criminally Charged With Bank Secrecy Act And Unlicensed Money Transmission Offenses Official info here https://tinyurl.com/3u5u67y2

🔥 The indictment alleges that KuCoin knowingly allowed substantial U.S. user activity without implementing adequate anti-money laundering measures. They failed to conduct proper customer identity verification until 2023 and actively prevented U.S. customers from identifying themselves. As a result, KuCoin facilitated the laundering of billions in criminal proceeds. Gan and Tang, both Chinese citizens, face charges for conspiring to violate the Bank Secrecy Act and operate an unlicensed money-transmitting business.

🚨 Tether.to Expands AI Focus

💯 Tether.to, the leading company in the cryptocurrency industry, is expanding its focus on artificial intelligence (AI) to drive innovation and accessibility in technology. With a market capitalization exceeding $100 billion, Tether aims to pioneer open-source AI models, integrate AI solutions into market-driven products, and engage with the community to advance open AI. The company also announces a global recruitment drive for top-tier AI talent to contribute to its new division, aligning with its commitment to revolutionising technology.Official info here https://tinyurl.com/5fdrtrwb

🔥 Worldwide Asset eXchange (WAX), a gaming-focused layer-1 blockchain, has inked a deal to leverage Amazon Web Services (AWS) and integrate its network into the Amazon Managed Blockchain (AMB) service. This integration allows WAX developers to utilize AMB, designed to aid in building decentralized apps (dapps) on both private and public blockchains. By integrating with AMB, WAX developers gain the ability to deploy nodes through the AWS console and leverage them for building on the WAX blockchain. Info via Business Insider https://tinyurl.com/38m6mjf2

🚀 Over the past 30 days WAX has facilitated 141 million transactions with 666,000 unique active wallets, data from DappRadar shows. The network hosts 160 Web3 games on its platform, including Brawlers, a trading card game that became a part of the Amazon Prime Gaming service alongside the likes of Apex Legends and Call of Duty.

😂 Jeo Boden (BODEN), a Solana memecoin parody of United States President Joe Biden, has surpassed $250 million in market cap with a gain of 54% within the past 24 hours as of March 25. The memecoin is only available on the Solana decentralized exchange Raydium and is not yet listed on any centralized platforms. More info https://tinyurl.com/3uktvyax

🟠 Two UAE news (See slides)

⚡ eesee