ZachXBT criticizes DeFi protocols for ignoring North Korean-linked transactions after the $1.4 billion Bybit hack, highlighting industry flaws.
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Japanese crypto investment firm Metaplanet has acquired an additional 150 bitcoin (BTC) for approximately $12.5 million, continuing its aggressive expansion into digital assets. Notably, this latest purchase brings the company’s total holdings to 3,200 BTC, valued at approximately $269.3 million at current market prices. According to Metaplanet’s March 18 announcement on X, the firm bought…
The 11 Bitcoin ETFs reversed their recurring trend of outflows yesterday, recording no outflow. The Bitcoin ETFs pulled in $274 million, highlighting a resurgence in investor interest. According to SoSoValue's analysis, the figures marked a significant turnaround from the prior week’s outflows, totaling around $870.4 million. This significantly means a renewed appetite among institutional and retail…
The Acting Chair of the United States Securities and Exchange Commission, Mark T. Uyeda, has proposed reexamining the Crypto Custody rule initiated by the Gary Gensler-led Commission. Uyeda said commentators criticized the rule, which requires registered investment advisers to keep crypto with a qualified custodian and requires those custodians to abide by certain requirements. Speaking…
Crypto Exchange Gemini, founded by the Winklevoss Twins, appointed Dan Chen as the new Chief Financial Officer as it prepares for an Initial public offering. Dan Chen previously worked at Affirm, MetLife Investments, and Morgan Stanley and will manage the exchange's financial department. The New CFO announced his appointment on his X page, sharing his…
Strategy, the Bitcoin-focused corporate entity led by Michael Saylor, has acquired an additional 130 BTC for approximately $10.7 million. The latest purchase, disclosed in a U.S. Securities and Exchange Commission (SEC) filing, was made at an average price of $82,981 per bitcoin between March 10 and March 16. With this acquisition, Strategy now holds 499,226…
Crypto exchange giant Binance has announced a zero-fee trading promotion for all swaps conducted through its Binance Wallet, effective from March 17, 2025, at 08:00 UTC. The initiative, which will run until September 17, 2025, aims to enhance user experience and drive engagement with Binance’s integrated trading features. During the promotion period, users will not…
FalconX, a digital asset prime brokerage firm, has completed the first-ever block trade of CME Group’s newly launched Solana (SOL) futures in collaboration with StoneX, a global financial services company. The trade, announced on March 16, marks a milestone for institutional cryptocurrency derivatives and highlights growing interest in regulated digital asset products beyond Bitcoin and…
Coinbase has filed a FOIA request to uncover the costs of the SEC’s crypto enforcement actions, seeking transparency on taxpayer spending and regulatory efforts. Coinbase Launches FOIA Inquiry Into SEC’s Crypto Crackdown Costs Coinbase has taken legal steps to uncover the financial burden of the Securities and Exchange Commission’s (SEC) enforcement actions against the crypto…
MegaETH, an Ethereum Layer 2 (L2) scaling solution backed by Ethereum co-founder Vitalik Buterin and Dragonfly Capital, is set to launch its public testnet this week. The deployment aims to showcase its high-speed blockchain infrastructure, designed to process transactions in milliseconds. MegaETH Testnet Deployment Schedule The MegaETH Labs team has announced a phased rollout for…