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๐Ÿ•ต๏ธ A Gnosis Safe wallet has withdrawn 577.5 $XAUT worth $2.95M from #OKX and Bybit.

Address: 0x188034C342712bed86ad6ec97B72EcB7171BfBb9

Status: 2029771896435396875

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๐Ÿ•ต๏ธ Vitalik Buterin stated that next-generation wallets will heavily integrate AI. He expressed concerns about trusting LLMs with multi-million-dollar transactions, suggesting that for high-value scenarios, the optimal workflow involves AI proposing a plan, a local light client simulating it, and the user manually confirming the actions and outcomes. While prioritizing security is crucial, the potential benefits include eliminating many attack vectors, such as theft and privacy leaks, by removing dApp UIs entirely. #hack link

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๐Ÿณ It looks like mysterious whales are accumulating $PUMP.

In the past 10 days, 11 newly created wallets withdrew 7.21B $PUMP ($14.56M) from #OKX, Bybit, and Kraken.

Address:
zt27jpb8jfLg5e6fvnEgkfnNyxpqhJV4mcd1JneeQMW
Dyo7tqec9dTED6kddpqj4e3L68HLC2VZAiboNsMzKUP4
6dwaj585LCV6R6gm5fKQ9XBbJz1Si7LKmgaDA6xgvUzt
89APoB3qsbwJ6by9dabzFE3NPevHc4UtiJtdJaNKq8NZ
EGTodPfWCDznfJuWd4UJHMZsoR9u9BofHyzCYk83FqYm
3r8yisznwhwTc3zvRpwCNozv9UE1zHcpma2VpGL1cjEk
AMW16oZp9qDh6PEJGYu38zdPkffgrxbrQAhBTaxFoj5x
7EVW21WrPmuzMA926ApgAgpEaqtocCCFi5YNzKvzqNhA
4zg4mV2QNUsGN5qVbuKA3sqvkaPRkyb5gByjfRUH3uHn
Gaw3fcEJZkZjhmNp4zix5MHj82asVWv162nhDUo8bGvp
ED86KHerMiNnekX995NMvx9F3TaLEiAAoiAtrnKQcdh6

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๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ“Š Vancouver City Staff Recommends Rescinding Bitcoin Motion - The Block

Vancouver city staff recommends rescinding the motion "Preserving the Cityโ€™s Purchasing Power Through Diversification of Financial Reserves โ€“ Becoming A Bitcoin Friendly City."

Staff concluded that Bitcoin does not qualify as an allowable investment asset under the Vancouver Charter, recommending termination of related work and reallocation of resources to other initiatives.

The motion was introduced by Mayor Ken Sim in November 2024 to allocate municipal funds to Bitcoin as a hedge against inflation and volatility. #macro link

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๐Ÿ† On March 5 Eastern Time, Bitcoin spot ETFs recorded a total net outflow of $228 million.

Ethereum spot ETFs recorded a total net outflow of $90.9365 million. link

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๐Ÿ•ต๏ธ #ETH #AI Vitalik Buterin stated that next-generation wallets will heavily integrate artificial intelligence. He expressed concerns about trusting LLMs with multimillion-dollar transactions or funds. For high-value scenarios, the optimal workflow involves AI proposing a plan, a local lightweight client modeling it, the user reviewing the actions and results, and then confirming manually. Prioritizing security conservatively is essential in this process. link

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๐Ÿ†• Binance Will Extend the Monitoring Tag to Include $COS, $DEGO, $FORTH, $FUN, $HOOK, $LRC, $MBOX, $OXT & $WIF.

It will also remove the Monitoring Tag for $FLOW and the Seed Tag for $ONDO & $VIRTUAL on 2026-03-06.

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๐Ÿ“Š TradFi is moving onto crypto exchanges.

Binanceโ€™s TradFi perpetual futures surpassed $130B in volume and 90M trades just months after launch.

Gold and silver dominate activity as traders use crypto platforms to trade traditional assets 24/7. link

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๐Ÿณ Whale 0xf4b8 has closed his oil long and made a $755K profit.

Then he switched to a 30x short on #XYZ100 (NASDAQ-100) with a position of over $25M.

Liquidation price: $26,688.65. link

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๐Ÿณ As $LIT is going down, a whale holding a $LIT (2x) short position is currently having a floating profit of $1.36M. link

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๐Ÿ“Š Jane Street, recently accused of insider trading during the LUNA/Terra crash and dumping Bitcoin at 10 AM, is still actively trading.

In the past 2 hours, wallets linked to Jane Street deposited 270 $BTC ($19M) to Bullish.com and LMAX Digital. link link

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๐Ÿณ Cumberland continued accumulating $ETH, withdrawing another 14,800 $ETH ($30.8M) from Coinbase approximately 30 minutes ago. link link

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๐Ÿ“Š Bitget is one of the most derivatives-driven exchanges in the market.

Around 90% of Bitgetโ€™s trading volume comes from perpetual futures, placing it alongside MEXC (87%) and Bybit (86%) as one of the most derivative-focused trading venues.

Bitget recorded $8.0T in derivatives trading volume last year. link

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๐Ÿ‡ฐ๐Ÿ‡ฟ๐Ÿฆ Kazakhstanโ€™s central bank plans a $350M crypto allocation sourced from its gold and fx reserves.

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๐Ÿ—ฃ Dubaiโ€™s Virtual Assets Regulatory Authority (VARA) stated that crypto exchange KuCoin is operating without the necessary license and must cease offering services in Dubai. The regulator also cautioned that KuCoin's promotions or marketing have not been approved and advised residents to avoid the platform. #regulation link

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ #macro US:
- Unemployment Rate: 4.4% (Prior: 4.3%);
- Nonfarm Payrolls: -93k (Prior: 130k)

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ท Binance says US Senator Blumenthal's claims that Iranian-linked accounts operated on the platform are false and an "attack on crypto." #hack

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๐Ÿ“ Nexo is among the leading CeFi lenders, with a ~$1.7B loan book representing 7.1% of total outstanding balances. link

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