On March 19th, according to data platform Dune.com analyst @lz_web3's latest data, the daily on-chain transaction volume of Binance Wallet on March 18th reached 90.556 million US dollars, accounting for 54.1% of the total transaction volume of the day's crypto wallets, ranking first in the market.

The Securities and Futures Commission of Hong Kong warned the public to beware of an entity operating under the name "Linkbex" and suspected of engaging in fraudulent activities related to virtual assets. Linkbex falsely claimed to have connections with seven companies licensed by the Securities and Futures Commission in Hong Kong.

March 3rd news, according to official sources, Megabit will officially launch the HEI/USDT perpetual contract trading with leverage of 1-75 times at 18:00 on March 3rd (SGT).

Hong Kong "Stablecoin Regulations" will take effect on August 1. Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, stated that Hong Kong has established relatively strict standards for stablecoin issuers, with high entry barriers, almost in line with electronic wallet and banking regulations. It is expected that only a few licenses will be issued in the first phase, and the stablecoins that are licensed will have specific purposes, such as cross-border trade. Yue mentioned that the Hong Kong Monetary Authority has very strict requirements for risk management, whether it is asset reserve management, stability mechanisms, redemption policies, or most importantly, anti-money laundering regulations, which are almost the same as electronic wallets and banks. Stablecoins have payment attributes, and the "Stablecoin Regulations" provide issuers with a comprehensive regulatory framework to ensure that the same risks have the same regulatory rules, as well as the healthy and sustainable development of the industry. 

SlowMist stated that encrypted users need to be vigilant as browser extension plugins may be sold to malicious actors without their knowledge. Malicious actors can easily purchase a Chrome extension and hijack existing users' browsing traffic, redirecting it to wherever they want. No alerts, no prompts. Unless new permissions are needed, no abnormalities will be noticed. In @tuckner's investigation, it was found that an extension with 400,000 users had changed owners, so stay alert.

On March 3, according to official sources, OKX announced today the launch of the "March Peak Battle" event, where users can compete for rewards of up to 100,000 USDT by completing trading tasks, subscribing to simple earning coins, and inviting friends. The event will continue until March 23, 2025, at 23:59 (GMT+8).

According to the latest weekly data from CoinShares, digital asset investment products saw outflows for the third consecutive week, marking the largest single-week outflow in history at a total of $2.9 billion. The total outflow over the three weeks reached $3.8 billion. Bitcoin saw outflows of $2.59 billion last week, while short positions in Bitcoin saw a small inflow totaling $2.3 million. Ethereum saw a new high in weekly outflows at $300 million. Outflows for Solana and Ton reached $7.4 million and $22.6 million respectively. Sui performed the best with inflows totaling $15.5 million, followed by XRP with inflows of $5 million.

price of Bitcoin has risen slightly, but it is still fluctuating within a range before the announcement of the Federal Reserve interest rate decision. It is expected that the Federal Reserve will maintain interest rates unchanged. Pepperstone strategist Michael Brown said that policymakers do not want to "disrupt the status quo," and Federal Reserve Chairman Powell may reiterate that the Federal Reserve is not in a hurry to further cut interest rates. He said that due to President Trump's tariff policy, the latest economic forecasts may increase inflation expectations and lower growth forecasts. However, he said that the latest interest rate forecasts should remain basically unchanged. "From the market's perspective, this should not have too much impact on the market."

Tether, a stablecoin operator, has frozen $27 million in USDt on the sanctioned Russian Garantex crypto exchange, leading to the suspension of operations. Garantex announced on its official Telegram channel that Tether blocked wallets worth over 2.5 billion rubles, prompting the exchange to temporarily halt all services, including withdrawals. The European Union imposed sanctions on Garantex as part of the 16th package of sanctions against Russia's actions in Ukraine. Regulators in the US were the first to sanction Garantex, with the US Department of the Treasury's Office of Foreign Assets Control imposing sanctions in April 2022. Cointelegraph contacted Tether for a response on the freezing of Garantex wallets but did not receive a reply at the time of publication.

The market shows SOL fell below $160, now trading at $159.93, with a 24-hour increase of 11.8%. The market fluctuates greatly, please be prepared for risk control.

 institutions expect the US March "small non-agricultural" number to be released tonight at 20:15

Anthony Scaramucci, the founder of SkyBridge Capital, said that Bitcoin is a very valuable long-term strategic asset.

According to Whale Alert monitoring, about 2070 bitcoins (worth about $191 million) were transferred from Ceffu to Binance at 16:15.

More than 1,200 cryptocurrency ATMs mysteriously went offline in the first week of March in the United States. On February 25, Illinois Senator Dick Durbin proposed legislation to combat fraud by cryptocurrency ATMs in the United States. As of March 3, the United States has 29,731 cryptocurrency ATMs, accounting for 79.9% of all cryptocurrency ATMs worldwide. Canada and Australia follow, with 3,085 ATMs (8.3%) and 1,467 ATMs (3.9%) respectively.

ING analyst Francesco Pesole stated in a report that if Federal Reserve Chairman Powell hints at further rate cuts when testifying before Congress tonight at 22:00, the dollar may further decline. He said that after Fed directors Bullard and Bowman supported an interest rate cut as early as July, Powell's hinting at a rate cut has increased the risk. The market may interpret any change in Powell's cautious attitude towards rate cuts as a sign that Trump's pressure for rate cuts has "broken through the Fed's independence shield." This could lead to a significant depreciation of the dollar.

Meteora has announced the launch of the Meteora Rising incubator, aimed at supporting the development of tools built by the community on DLMM, led by GeekLad, the developer relations manager of LPArmy. Funding will be provided for tools that are being built to help LP optimize, automate, or track their positions on DLMM.

On-chain detective ZachXBT responded to Trump's inclusion of cryptocurrencies such as XRP, SOL, and ADA in the US cryptocurrency strategic reserve on the X platform. He stated that one of the better indicators of the legitimacy of a blockchain is to see how many native stablecoins the chain has issued from Circle, Tether, or Paxos. So far, ADA and XRP have not received any support from major stablecoin issuers. XRPL/Cardano is said to have a thriving ecosystem, similar to projects built on Ethereum and Solana, but with slightly different value propositions from Bitcoin. So, will there be more centralization on the so-called "decentralized" blockchain?

Infini founder Christian transferred 0.1 ETH to the hacker address and attached a message saying, "We acknowledge your ability to discover vulnerabilities in our protocol and hope to reach a white hat agreement with you: you can keep 20% of the stolen assets as a reward, please send the rest to my address or our custodial wallet. If handled in this way, we will not take further legal action."