BTFS SCAN (testnet) has completed a comprehensive upgrade and officially launched version 4.0. The new version provides more accurate data metrics and a smoother user experience, supporting real-time monitoring of storage provider performance and network activities. Users can track daily distribution details of 750 million BTT and all on-chain transactions, and gain a panoramic insight into network stability and ecosystem development. This upgrade significantly improves data accessibility and network transparency, helping users better participate in the construction of the BTFS ecosystem.

Binance announced KernelDAO (KERNEL) as the fourth project on its Megadrop platform. KernelDAO is a re-staking protocol that supports Kernel, Kelp, and Gain. The total supply of KERNEL tokens is 1 billion, with 40 million tokens (4% of the total supply) being distributed as Megadrop rewards, and another 40 million tokens being gradually used for other marketing activities after 6 months of spot trading. The initial circulating supply at launch is 162,317,496 tokens (16.23% of the total supply).

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

a survey conducted by the investment management company of French Foreign Trade Bank showed that the US Treasury market turmoil has become the primary risk. 85% of the interviewed strategists believed that this is a moderately to highly concerning issue. Two-thirds (62%) of European strategists believe that US Treasury investments are no longer as safe as they used to be, while only one-quarter (24%) of US strategists share the same view.

Cointelegraph stated that Cointelegraph's Banner release system was briefly attacked on June 21, resulting in malicious advertisements appearing on the website, promoting fake token airdrops. The team quickly identified and resolved the issue, removing unauthorized code affecting the system. To prevent similar incidents from happening again, the company has strengthened security control measures.

according to Mario Nawfal, social media hacking attacks in the UK have surged, with the number of related cases rising from 22,530 in 2023 to 35,434 in 2024. Hackers typically take over social media or email accounts, impersonate users, and deceive their friends into providing security codes.

Binance will launch CHESS/USDC, EGLD/USDC, OSMO/USDC, T/USDC, and UTK/USDC spot trading pairs at 16:00 on March 11, 2025 (GMT+8).

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. 

On March 31st, according to official sources, OKX released the 29th reserve proof. The reserve rates of 22 listed currencies all exceed 100%, with BTC, ETH, USDT, and USDC having reserve rates of 105%, 103%, 101%, and 101% respectively, totaling a value of $24,610,470,276.

According to on-chain analyst @ai_9684xtpa's monitoring, the Hyperliquid whale who previously went long on ETH 50 times and closed all positions after 2 minutes, making a profit of $5000, has now withdrawn a total of $3.605 million in principal and profits.

according to CoinPost, the Japanese Financial Services Agency released a document today announcing that it will carefully consider transferring the regulation of cryptocurrency assets from the "Payment Services Act" to the framework of the "Financial Instruments and Exchange Act". If successfully implemented, cryptocurrency assets will be officially classified as financial products, with the related tax system expected to change from the highest 55% comprehensive taxation to around 20% separate taxation, and the ban on Bitcoin ETFs may be lifted, improving the investor access environment.

the U.S. House Financial Services Committee on Wednesday passed the "Anti-CBDC Surveillance Act" (H.R. 1919) with 27 votes in favor and 22 votes against. The bill, introduced by Republican House Majority Whip Tom Emmer, aims to prevent central bank digital currencies from being used for monetary policy and prohibits the Fed from providing financial services directly to individuals. Emmer stated that the bill ensures that U.S. digital currency policy is controlled by the American people rather than by government agencies. This move is in line with the executive order signed by President Trump in January to protect American citizens from the threat of CBDCs. At the same time, the committee also advanced stablecoin regulatory legislation to establish a framework for USD-backed stablecoins to enhance their global competitiveness.

According to @ai_9684xtpa monitoring, the "whale/institution that made a profit of $33.67 million by buying low and selling high ETH" added another 10,001 ETH to its position after a week. Since December 19, 2024, it has accumulated 44,002 ETH at an average price of $2,563 (total value of $112 million), currently with an unrealized loss of $28.78 million.

QCP Capital's latest analysis pointed out that, as the market awaits the White House cryptocurrency summit, Trump signed an executive order in advance to establish a "Strategic Bitcoin Reserve and U.S. Digital Asset Reserve." Although this move was widely expected to benefit Bitcoin, the market showed a typical "sell the news" reaction, with the price of Bitcoin dropping from $90,000 to $85,000 after the signing.

 Pacific Investment Management Company (PIMCO) stated in a report that the trend of investors withdrawing from US assets and the steepening of the US bond yield curve is expected to continue in the second half of this year. The report stated: "We expect the investment scenario in the first half of 2025 to remain relevant in several aspects." This includes the continued depreciation of the US dollar, as well as the widening gap between short-term and long-term US bond yields. "We believe that global markets will continue to outperform the US." Pacific Investment Management Company favors global short-term and medium-term bonds. It also believes that the extent of interest rate cuts by central banks around the world may exceed expectations.

according to on-chain analyst The Data Nerd (@OnchainDataNerd), 2 hours ago, Cumberland withdrew a total of 386.45 billion PEPE tokens (approximately 3.45 million USD) from Bybit and OKX.

according to Whale Alert monitoring, 134,607,656 USDC (approximately $134,590,292) was transferred from Binance to an unknown wallet at 16:17.

According to SpotOnChain monitoring, after 281 days of silence, a whale canceled a stake of 8.67 million OM 12 hours ago, and then deposited 7 million OM (43.45 million US dollars) into Binance. On April 17, 2024, the whale withdrew 8.81 million OM from Binance at a stake price of only 0.682 US dollars. Now that OM has exceeded 6.1 US dollars, the whale still has 1.67 million OM (10.2 million US dollars) remaining, with an estimated total profit of 47.64 million US dollars (+793%).