Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Binance Executive Suing Nigerian Authorities: Binance's head of financial crime compliance, Tigran Gambaryan, has taken legal action against Nigerian authorities over his detention in the country shortly after his arrival. Gambaryan demands an apology, asserting that his detention and passport seizure violate Nigeria's constitution.

2. Call of Duty Cheaters Lose Bitcoin to Malware Attack: Cybercriminals have unleashed malware targeting Call of Duty cheaters, resulting in the theft of their bitcoin holdings. Hundreds of thousands of players are affected.

3. Prisma Finance Hacker Claims "Whitehat Rescue": The hacker responsible for the $11.6 million exploit of DeFi protocol Prisma Finance claims it was a "whitehat rescue" and seeks to return the funds. The incident underscores the challenges of securing decentralized finance platforms amidst increasing cryptocurrency hacks and scams. Investigations are ongoing to determine the root cause of the attack.

4. 💡Feature of the Day - Bitwise Files for Ethereum Spot ETF: Bitwise files an application with the SEC to launch a spot Ethereum ETF, joining a competitive race to offer the first Ethereum spot ETF in the market. The proposed "Bitwise Ethereum Trust" would hold Ethereum and potentially stake a portion of its assets for additional rewards. Despite delays in SEC decisions, experts remain optimistic about the potential impact of Ethereum spot ETFs on the cryptocurrency market.

5. 🫨 What’s Buzzing? Not getting enough airdrops? Here’s UseTheBitcoin’s latest article “Beoble ($BLL) Points System Guide (Airdrop Soon?)” and after you profit, don’t forget to try Koinly to calculate your cryptocurrency taxes and helps you reduce them for next year. Simple & Reliable!

   
   All this and more in today’s headlines!

📰 News Highlights:

🚨 Binance Executives on Nigeria Detention [Source][Source]

Tigran Gambaryan, Binance's head of financial crime compliance, has taken legal action against the Office of the National Security Adviser (ONSA) and the Economic and Financial Crimes Commission (EFCC) in Nigeria. Gambaryan is demanding an apology for his detention in the country shortly after his arrival in February.

In his lawsuit, Gambaryan asserts that his detention and the seizure of his passport violate Nigeria's constitution, which guarantees personal liberty. He alleges that the government is using his detention as leverage to pressure Binance.

During the court session, Gambaryan's attorney requested an adjournment for the ONSA and EFCC to respond, which the judge granted, postponing the case to April 8. Nigerian crypto enthusiasts have expressed skepticism about the possibility of a fair resolution in court.

🎮 Call of Duty Cheaters Lose Bitcoin [Source]

A group of cybercriminals has unleashed an infostealer malware targeting Call of Duty cheaters, resulting in the theft of their bitcoin holdings. The malware has affected hundreds of thousands of players, leading to unauthorized bitcoin transactions.

Activision Blizzard is collaborating with cheat code providers to assist affected players. The stolen data includes credentials and drained Electrum wallets, impacting over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.

💼 Prisma Finance "Whitehat Rescue" [Source][Source]

Following the $11.6 million exploit of DeFi protocol Prisma Finance, the hacker responsible has claimed it was a "whitehat rescue" and is seeking to return the funds.

The hacker's message, posted on-chain, came hours after the attack, sparking speculation within the blockchain security community.

Prisma Finance engineers have halted the protocol, and investigations are ongoing to determine the root cause of the attack.

💡 Feature of the Day: 

📈 Bitwise Ethereum Spot ETF [Source][Source][Source]

Bitwise has filed an application with the SEC to launch a spot Ethereum ETF, joining a competitive race to offer the first Ethereum spot ETF in the market.

The proposed "Bitwise Ethereum Trust" would hold Ethereum and potentially stake a portion of its assets for additional rewards.

The move comes amid growing interest from traditional financial firms, with BlackRock, Grayscale, and VanEck also seeking approval for their Ethereum spot ETFs.

Despite delays in SEC decisions, experts remain optimistic about the potential impact of Ethereum spot ETFs on the cryptocurrency market.

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🫨 What’s Buzzing? :

📱 Beoble ($BLL) Points System Guide (Airdrop Soon?)

💬 What Is Beoble?

• Enables wallet-to-wallet chat for direct communication between crypto wallets.

• Uses end-to-end encryption for message security.

• Focuses on Web3 data and functionality integration.

💰 Beoble Airdrop (How To Earn CAT Points?)

• Beoble introduces CAT Points system for upcoming $BBL token airdrop.

• 10% of total $BBL tokens allocated for airdrop.

• Earn CAT points by actively participating in chat room interactions and completing loyalty tasks.

• Contributions determined by engagement metrics like Super Reacts and Normal Reacts.

• Complete loyalty tasks for additional CAT points, including referrals and bonus campaigns.

To read the whole guide, visit UseTheBitcoin’s latest article “Beoble ($BLL) Points System Guide (Airdrop Soon?)”

😂 Crypto Meme of the Day: 

And that’s it for this today.

See you all for tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com