๐ต 250,000,000 #USDC (250,046,177 USD) minted at USDC Treasury link
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๐ Lyn Alden stated that Bitcoin is currently trading like a risk-on asset, despite having risk-off properties. She emphasized that the long-term use case for #BTC is as the primary protocol for digital money, highlighting its network effect and security, though noting that it requires time to grow and expand. link
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๐บ๐ธ๐ The Commodity Futures Trading Commission (CFTC) Chair Mike Selig stated that the agency holds federal jurisdiction over U.S. prediction markets, superseding state governments. Selig directed the CFTC to file an amicus brief to assert its authority in response to legal challenges from states against platforms like Polymarket and Kalshi. Additionally, he mentioned that the CFTC is working on new rulemaking for prediction markets. #regulation link
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๐ฅท Smart contract auditor Pashov tweeted that Claude Opus 4.6 wrote vulnerable code, resulting in a smart contract exploit with a loss of approximately $1.78 million. The price of cbETH was incorrectly set to $1.12 instead of around $2,200. The project's PRs indicate that commits were co-authored by Claude, potentially marking the first hack of "vibe-coding" Solidity code. SlowMist founder Cos added that the incident occurred on the DeFi lending protocol Moonwell, involving a very low-level error in the oracle price feed formula. #hack link
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๐บ๐ธ๐ฎ According to crypto reporter Eleanor Terrett, asset manager Bitwise has filed for a prediction market ETF, following Roundhill. The proposed product aims to track contracts related to the 2028 U.S. presidential election and the upcoming Congressional midterm elections for the House and Senate. Additionally, Bitwise is launching a new platform called PredictionShares, which will provide exposure to prediction markets. #etf link
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๐บ๐ธ๐ฎ The chairman of the CFTC stated that the agency has federal jurisdiction over prediction markets in the U.S., not state governments. #regulation link
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๐ Pump.fun introduces Cashback Coins, allowing creators to redirect all Creator Fees to traders instead of token deployers. This move comes as the platform continues to iterate on its model amid weaker memecoin activity. link
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๐ฎ The Digital Chamber, a blockchain promotion group, has established a new division aimed at supporting prediction markets and clarifying the regulatory framework for this sector in the United States. #regulation link
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๐บ๐ธโ ๏ธ According to CNBC, Wells Fargo analysts predict a return of the "YOLO" trade as the U.S. tax refund season approaches. They estimate that approximately $150 billion in tax refunds will flow into the market by the end of March, potentially boosting risk assets like #BTC and stocks. link
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๐ฎ Bitwise and GraniteShares have filed applications to create ETFs focused on the prediction market. Additionally, Bitwise is launching a new platform called PredictionShares, aimed at providing access to prediction markets. link
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๐ช๐บ๐ณ Quantoz receives Visa approval to issue debit cards linked to a stablecoin in Europe. cointelegraph #stablecoin link
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๐บ๐ธ๐ฆ The cryptocurrency industry lobbying organization Coin Center has sent a letter to the U.S. Senate Banking Committee. The letter urges the committee to advance legislation that would prevent the prosecution of cryptocurrency developers with good intentions. link
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๐ฆ Bridge, which focuses on infrastructure for stablecoins and is owned by Stripe, announced that it has received conditional approval from the OCC to establish a national trust bank. #stablecoin link
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๐ฆ Bridge, which focuses on infrastructure for stablecoins and is owned by Stripe, announced that it has received conditional approval from the OCC to establish a national trust bank. #stablecoin link
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