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🇪🇪 Is Estonia a Safe Haven for International Crypto Criminals?

Estonia, the first European Union member to regulate cryptocurrency trade, has recently faced allegations of being a hub for international crypto criminals.

After launching a crypto licensing system in 2017, Estonia housed over half of the world's registered VASPs (virtual asset service providers) before revising its regulations. However, despite stricter regulations, an international investigation by various media outlets found evidence suggesting many registered Estonian crypto firms are involved in money laundering, fraud, and other illegal activities. Reporters unearthed dozens of criminal cases involving straw men as AML officers, with some companies operating from a single social housing address in Tallinn.

🤖 TRON DAO Announces AI-Powered Upgrade

TRON DAO has announced a strategic partnership with GT Protocol to integrate AI-powered automation within the TRON ecosystem.

The details are still awaited, but the partnership is expected to provide TRON DAO users with advanced AI execution technology and a non-custodial Web3 gateway. In other news, Justin Sun, co-founder of Tron, transferred $1.3 billion to various Binance addresses in 24 hours, stirring speculation within the cryptocurrency community. TRON also recently hosted HackaTRON, attracting global developers, and GT Protocol received a 91-point rating from AskmeAI, showcasing its potential in blockchain and AI integration.

🌠 Polygon's Space Rocket is Getting an Upgrade

Polygon is progressing towards its Polygon 2.0 upgrade, with POL contracts recently launched on the Goerli Testnet.

Co-founder Mihailo Bjelic highlighted this advancement as evidence of Polygon's dedication to community-driven development. Additionally, amidst the volatility in the wider cryptocurrency market, Polygon's MATIC token is drawing significant interest, especially from large-scale investors. Recent analytics from IntoTheBlock displayed a substantial rise in major transactions involving MATIC. Despite short-term price dips, MATIC's weekly performance remains positive, showcasing a growth of around 9.67%.

👻 SEC Seeks Musk's Testimony over Twitter Buy

The U.S. SEC has sought an order compelling Elon Musk to testify over allegations of federal securities law violations.

The SEC's interest revolves around Musk's actions concerning the purchase of Twitter in 2022. Despite Musk receiving a notice four months prior, he notified the SEC of his non-attendance two days before the testimony. While the SEC is gathering data, no conclusions of violations have been made. Parallelly, Musk remains a strong advocate for Dogecoin, but due to the ongoing SEC situation, he has been cautious with his endorsements.

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