CZ releases Trust Wallet upgrade: Bitcoin Swap upgrade, CA search support, etc.
Binance co-founder CZ disclosed the upgrade of Trust Wallet on X platform, mainly including: support for XRP Ledger and Snoic blockchain, upgrade of Bitcoin Swap, ETH hardware wallet, and CA search. In addition, CZ also revealed that the current download volume of Trust Wallet has reached 197 million times.
2025-01-01 15:00:00SHARE
izebel.eth recently bought AAVE, MKR and other tokens, with a total value of approximately US$9.2 million
According to Lookonchain monitoring, izebel.eth (@izebel_eth) recently bought 20,000 AAVE tokens ($4.25 million), 2,000 MKR tokens ($2.75 million), 3 million ENA tokens ($1.1 million), 80 million OX tokens ($741,000), and 200,000 MORPHO tokens ($354,000).
2025-01-01 15:00:00SHARE
Blockstream Lianchuang: The impact of the US Bitcoin strategic reserve is underestimated, providing an authoritative reference for institutional funds to enter the market
Adam Back, co-founder of Bitcoin infrastructure development company Blockstream, wrote in a post on X: "The impact of the U.S. Bitcoin Strategic Reserve Declaration has been underestimated, and it has profound significance for the social acceptance of Bitcoin. This declaration marks the actual promotion of Bitcoin development by the U.S. government, and provides a new authoritative reference for sovereign wealth funds, pension funds, and mutual funds to allocate Bitcoin."
2025-01-01 15:00:00SHARE
Santiment: Large holders have re-accumulated nearly 5,000 Bitcoins in the past week, and the market performance may improve in the second half of the month
According to Santiment analysis, wallets holding more than 10 bitcoins have experienced several key turning points in the past 6 months. The slight selling from mid-February to early March intensified the recent decline in the crypto market. However, since March 3rd, these large wallets have re-accumulated nearly 5000 bitcoins, while retail investors are in a state of panic.
2025-01-01 15:00:00SHARE
Foundation Capital launches $600 million new fund to invest in AI, crypto and other fields
Foundation Capital announced the launch of its 11th flagship fund with a size of $600 million, aimed at investing in the fields of artificial intelligence, financial technology, and cryptocurrency. It is reported that Foundation Capital is an investor in AI chip company Cerebras and also the first institutional investor in blockchain platform Solana. The new fund is expected to not adopt a multi-stage, multi-region, multi-strategy approach, but rather continue to focus on finding investment opportunities in the early stages.
2025-01-01 15:00:00SHARE
A whale spent $1.84 million to buy 4.45 million ARC in two days
 Lookonchain monitoring shows that a whale spent $1.84 million (approximately 1.84 million USDC) in the past two days to purchase 4.45 million ARC tokens at a price of $0.41 per token.
2025-01-01 15:00:00SHARE
Russia's Irkutsk Oblast may implement a year-round ban on cryptocurrency mining starting April 1
reported by Cryptonews, the largest bitcoin mining hotspot in Russia, Irkutsk Oblast, may ban all cryptocurrency mining activities year-round starting from April 1. The ban will only apply to the southern region of Irkutsk Oblast in Siberia, but it may last until mid-2031.
2025-01-01 15:00:00SHARE
Avalon Labs Secures Over $2 Billion Credit Line to Promote Institutional-Grade Bitcoin-Backed Lending
Avalon Labs announced that it has successfully obtained a minimum of $2 billion credit line, which is provided by a well-known Asian financial consortium. This marks an important milestone for institutional borrowing in the crypto industry. This historic breakthrough is not only an important milestone for the institutional development of DeFi, but also highlights the strategic position of Bitcoin in the global financial system.
2025-01-01 15:00:00SHARE
The New York Times: Trump himself may be the winner of the crypto strategic reserve
According to an analysis by The New York Times, Trump himself or his family's cryptocurrency projects have spent millions of dollars buying cryptocurrencies, and some of these tokens may be included in the US strategic reserves. Cornell University economist Eswar Prasad added, "Trump's cryptocurrency strategic reserves are not rational or strategic, they are just good news for Bitcoin holders at this stage, but definitely a bad thing for taxpayers."
2025-01-01 15:00:00SHARE
Malware scams targeting Telegram have increased 20-fold since November
 Scam Sniffer issued an alert last December about Telegram malware scams, but said that since then, criminals have begun using various means to lure new victims. The number of these scams has now exceeded traditional phishing - growing by 2,000% since November.
2025-01-01 15:00:00SHARE
Manta Lianchuang: Market makers are the "blood-sucking parasites" who pay the least attention to fundamentals. Real liquidity should come from community trading.
Victor Ji, co-founder of Manta Network, criticized market makers in the cryptocurrency market on social media, calling them "blood-sucking parasites." He said that the team receives daily invitations to buy coins and acquisitions from so-called active market makers and OTC, but he believes that market makers "completely ignore the fundamentals of the project" and only profit from the project community.
2025-01-01 15:00:00SHARE
Circle CEO: US dollar stablecoin can expand the United States' influence around the world
According to FOX Business, as the first White House cryptocurrency summit in history is set to take place later this week, investors are focusing on any policy developments regarding cryptocurrency reserves. Circle, the stablecoin issuer, co-founder and CEO Jeremy Allaire is confident about the future of digital currencies, believing it will become a "superpower" and bring "profound" impact. "The US dollar stablecoin can expand America's influence globally," Jeremy Allaire said.
2025-01-01 15:00:00SHARE
Initia's official X account posted "March.", possibly hinting at the upcoming TGE in March
On March 5th, Initia's official X account posted "March.", hinting at a possible TGE in March.
2025-01-01 15:00:00SHARE
Token Metrics CEO says SEC will drop lawsuit against it
Token Metrics CEO Ian Balina said on Wednesday that he expects the U.S. Securities and Exchange Commission (SEC) to dismiss the lawsuit against him, ending a three-year legal battle over allegations of violating U.S. securities laws. "This is official news: the U.S. Securities and Exchange Commission will dismiss the lawsuit against me," Balina wrote on Twitter. "This has never been just about me, but about the fairness of cryptocurrency." Balina's charges stem from a September 2022 order alleging that he failed to disclose compensation received when promoting Sparkster (SPRK) during its initial token offering. In support of the CEO's claim, Token Metrics stated on Twitter on Monday that the charges have been "dismissed," adding that "enforcement trends may be shifting."
2025-01-01 15:00:00SHARE
Crypto scammers using fake news articles and government figures to exploit trade war fears in Canada
Crypto scammers are taking advantage of trade war fears by using fake news articles and impersonating government figures, as reported by securities regulators in Alberta and New Brunswick, Canada. The Alberta Securities Commission issued an alert on March 7 regarding a scam called CanCap, which falsely claimed an endorsement from former Prime Minister Justin Trudeau through a fabricated news article from CBC. Similarly, the Financial and Consumer Services Commission of New Brunswick warned on March 5 about CanCap using a fake news article with a forged endorsement from Premier Susan Holt. These scammers are exploiting current events to prey on individuals' vulnerabilities and are using artificial intelligence to create fake endorsements and content to appear legitimate. The regulators highlighted the scammers' ability to quickly change the name and appearance of the scheme, with losses from crypto scams, hacks, and exploits reaching nearly $1.53 billion in February.
2025-01-01 15:00:00SHARE
Japanese Investment Firm Metaplanet Buys $44 Million Worth of Bitcoin, Stock Jumps 19%
Japanese investment firm Metaplanet has purchased an additional $44 million worth of Bitcoin, resulting in a 19% increase in its stock price for the day. Metaplanet CEO Simon Gerovich revealed in a post on March 5 that the firm acquired 497 Bitcoin at an average price of $88,448 per coin, totaling $43.9 million. The company now holds a total of 2,888 BTC with an average purchase price of $84,240 per coin, valued at around $251 million. Despite a recent 8.5% drop in Bitcoin's price, Metaplanet's stock on the Tokyo Stock Exchange rose by 19% on March 5, trading at approximately 3,985 Japanese yen ($26.60). This marks Metaplanet's second Bitcoin purchase this week, with plans to accumulate 21,000 BTC by 2026 as part of its strategy to lead Japan's Bitcoin renaissance.
2025-01-01 15:00:00SHARE
Avalon Labs adds support for uniBTC asset
On January 16th, it was announced that Avalon Labs, an issuer of stablecoins for Bitcoin, has added support for the uniBTC asset. Users can use it as collateral to borrow other assets or use uniBTC for leveraged re-collateralization.
2025-01-01 15:00:00SHARE
Kentucky drops collateral lawsuit against Coinbase
just days after South Carolina withdrew its lawsuit against the cryptocurrency exchange Coinbase, Kentucky became the third state to withdraw such lawsuits after Vermont. The Kentucky financial regulatory agency submitted a joint dismissal filing on Monday, officially ending the legal action against Coinbase's custody services. The service was previously accused of violating state securities laws.
2025-01-01 15:00:00SHARE
DeFi Technologies has increased its stake in Swiss licensed asset management company Neuronomics AG to 52.5%
Decentralized finance and digital asset company DeFi Technologies announced an increase in its stake in the Swiss licensed asset management company Neuronomics AG. It has now acquired a majority stake in the company, reaching 52.5% ownership. This transaction is also a capital increase for DeFi Technologies' acquisition of Neuronomics shares, the latter of which already holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).
2025-01-01 15:00:00SHARE
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