Binance Reserve Update for March 2025: TRUMP added, 35 tokens with reserve rates exceeding 100%
On March 7th, Binance released the reserve proof for March 2025. As of March 1st, Binance's BTC reserve ratio reached 100.77%, ETH reserve ratio was 100.00%, USDT reserve ratio reached 104.42%, and BNB reserve ratio reached 110.92%. In addition, Binance's reserve proof this time added the TRUMP currency, with a reserve ratio of 100.38%. As of now, Binance's reserve proof covers a total of 35 tokens, all with reserve ratios exceeding 100%.
2025-01-01 17:00:00SHARE
About $102 million USDT transferred from Binance to an unknown wallet
On March 5th, according to Whale Alert monitoring, 101,913,695 USDT (about $102 million) was transferred from Binance to an unknown wallet at 15:37.
2025-01-01 17:00:00SHARE
Mubarak's market value exceeds $40 million, up more than 100% in the past 6 hours
On March 15th, according to GMGN market data, the market value of Meme coin mubarak on BSC has exceeded 40 million US dollars, currently at 42.7 million US dollars, with a more than 100% increase in the past 6 hours, and a 24-hour trading volume of 47.1 million US dollars. Meme coin has huge trading fluctuations, heavily relying on market sentiment and concepts, with no actual value or use case. Investors should be aware of the risks.
2025-01-01 17:00:00SHARE
Robinhood fined $26 million by U.S. regulator for multiple violations
The Financial Industry Regulatory Authority (FINRA) in the United States issued a press release on March 7th local time, stating that it has ordered Robinhood Financial to pay $3.75 million to customers, and fined Robinhood Financial and Robinhood Securities $26 million for violating multiple FINRA rules, including failing to respond to warning signs of potential improper behavior. In the settlement agreement, both companies accepted the findings of the FINRA investigation without admitting or denying the charges, and agreed to commit to addressing the related issues.
2025-01-01 17:00:00SHARE
Kraken has started sending emails to FTX customers to confirm the timing and scope of the next round of asset allocation
On March 6th, it was reported that Sunil, the representative of FTX creditors, revealed that the cryptocurrency exchange Kraken has started sending emails to FTX clients confirming that the next round of FTX asset distribution will take place on May 30, 2025.
2025-01-01 17:00:00SHARE
A whale lost about $8.84 million on Hyperliquid's long Bitcoin
according to Lookonchain monitoring, as the price of Bitcoin fell below $90,000, a whale user who went long on Bitcoin on the Hyperliquid platform appeared to have a floating loss of about $8.84 million. The user went long on Bitcoin two months ago at a price of $101,663 and has since earned $2.16 million in funding fees.
2025-01-01 17:00:00SHARE
10x Research: Bitcoin may enter another 8-month oscillation period, and the market lacks the momentum to "buy on dips"
Markus Thielen, research director of 10x Research, said that Bitcoin may repeat the trend of 2024, entering a long period of consolidation after hitting a historical high. He pointed out that the technical chart of Bitcoin currently shows a "high-level tight flag" pattern, which is usually considered a bullish continuation pattern, but the current structure shows some signs of weakness, indicating that the market is in an uncertain state rather than simply consolidating in a bullish manner.
2025-01-01 17:00:00SHARE
Ethereum L2 Linea: TGE will not be held in Q1
On March 8th, Linea Discord community administrators stated that the TGE will not take place in Q1. The team will announce progress once the final schedule is determined. In November last year, the Ethereum zkEVM L2 Rollup Linea developed by ConsenSys announced the establishment of the Linea Association, aimed at promoting Linea governance. Previous reports indicated that the project's TGE would take place in Q1 of this year.
2025-01-01 17:00:00SHARE
Base has acquired the Iron Fish development team, no chains or tokens included
On March 7th, according to TheBlock, Base has acquired the IronFish development team to strengthen its efforts in privacy-focused blockchain solutions. This acquisition is limited to the team only, Base will not acquire the IronFish blockchain or its native token.
2025-01-01 17:00:00SHARE
Megabit will launch GPS/USDT 1-75x perpetual contract trading on February 28
February 28th news, according to official sources, Megabit will officially launch the GPS/USDT perpetual contract trading with leverage of 1-75 times at 18:00 on February 28th (SGT).
2025-01-01 17:00:00SHARE
A newly created wallet withdrew 2.4 million OM from Binance, worth $15.48 million
according to OnchainLens monitoring, a newly created wallet withdrew 2.4 million OM (MANTRA) from Binance 23 minutes ago, worth $15.48 million.
2025-01-01 17:00:00SHARE
Offchain Labs CEO: US cryptocurrency reserves should only be Bitcoin
Offchain Labs CEO Steven Goldfeder said that the US cryptocurrency reserves should only focus on Bitcoin at least for now. Goldfeder believes that Bitcoin has emerged in a universally accepted way and focusing on Bitcoin is the cleanest and easiest move. He said that allowing other assets into the market is risky because regulatory agencies do not understand the complexity of all cryptocurrencies and do not know who is pushing for each cryptocurrency to be included in the market. In addition, if the US were to establish reserves focused on US cryptocurrencies, Steven Goldfeder believes that Arbitrum's native token ARB should be at the top.
2025-01-01 17:00:00SHARE
Hong Kong Securities Regulatory Commission Quarterly Report: 8 virtual asset trading platform license applications are being reviewed
The Securities and Futures Commission of Hong Kong today released the Quarterly Report for October to December 2024. In the asset fund management industry, ETFs recorded a net capital inflow of $2.9 billion for the year. In the virtual asset sector, the Hong Kong Securities and Futures Commission issued batch orders to three virtual asset trading platforms at the beginning of 2025, increasing the total number of licensed platforms to ten. Currently, eight virtual asset trading platform license applications are under review.
2025-01-01 17:00:00SHARE
A payments and settlement system backed by 15 central banks is piloting an African money market that aims to allow countries to settle trade in local currencies.
On March 15th, according to News.bitcoin, the Pan-African Payment and Settlement System (PAPSS), supported by 15 central banks, is piloting a currency platform to enable countries to settle trade using their local currencies. Reuters reported that the platform, called the African Currency Market, is planned to be launched later this year. The introduction of the African Currency Platform is expected to help promote intra-African trade.
2025-01-01 17:00:00SHARE
Santiment: Whales have purchased 1.1 million ETH in the past 48 hours
Santiment posted on X platform that in the past 48 hours, whales have purchased 1.1 million ETH.
2025-01-01 17:00:00SHARE
Binance: The limit order function of the RED/USDT trading pair is temporarily out of order, and users' losses will be compensated
According to the Binance Customer Support account, the limit order function for the RED/USDT pre-market trading pair was faulty from 11:39 to 12:09 on March 6th (GMT+8), during which the market order function remained operational. Binance stated that they immediately fixed the issue upon discovery and apologized for any inconvenience caused to users. Binance promised that users who incurred losses due to this system issue can directly contact Binance customer service for feedback, and will receive corresponding compensation after verification.
2025-01-01 17:00:00SHARE
Mirana Ventures bought $46.25 million of ETH and transferred it to Bybit
According to monitoring, Mirana Ventures recharged 50 million USDT to Falconx 6 hours ago, and then withdrew 21,667 ETH at an average price of about $2134 4 hours ago, worth about $46.25 million. Currently, this fund has been transferred to the Bybit exchange.
2025-01-01 17:00:00SHARE
Data: BlackRock bought about 2,600 BTC on March 18
according to Cointelegraph data, BlackRock bought about 2600 BTC worth $218.1 million through its bitcoin exchange-traded fund IBIT on March 18. In addition, on March 18, the US Ethereum ETF sold about 27,420 ETH.
2025-01-01 17:00:00SHARE
The total market value of stablecoins increased by 1.03% in the past week, exceeding US$227 billion
According to DefiLlama data, the total market value of stablecoins on the entire network is reported to be $2273.59 billion, with a growth of 1.03% in the past week, and USDT's market share is 62.98%.
2025-01-01 17:00:00SHARE
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