3AC (Three Arrows Capital) is a major cryptocurrency hedge fund founded in 2012 by Su Zhu and Kyle Davies. In 2022, it went bankrupt due to a sharp market downturn and high debt obligations, making it one of the biggest losses in the crypto industry.
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🗽 A bill will be introduced in the U.S. Congress to solidify Trump’s executive order on the strategic Bitcoin reserve and digital asset fund, preventing its repeal by future administrations. The bill’s sponsor, Congressman Byron Donalds, stated that Republicans aim to put an end to the Democrats' war on crypto.
The executive order, signed by Trump on March 6, transfers 200 000 BTC to the Treasury Department, prohibits their sale, and provides for reserve replenishment without taxpayer expenses.
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The executive order, signed by Trump on March 6, transfers 200 000 BTC to the Treasury Department, prohibits their sale, and provides for reserve replenishment without taxpayer expenses.
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Earlier, media reported that Bank of America already uses Ripple for all internal transactions and holds 83 patents related to this technology.
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🇪🇺 The European Central Bank stated that the U.S. often becomes the source of global financial crises — supporting crypto assets and the non-bank sector creates risks for future stability.
Meanwhile, the U.S. Treasury Secretary acknowledged that a recession is possible but considers the stock market decline a "healthy correction."
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Meanwhile, the U.S. Treasury Secretary acknowledged that a recession is possible but considers the stock market decline a "healthy correction."
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🇵🇰 The Prime Minister of Pakistan has announced the creation of a special Crypto Council with the authority to implement regulations for digital currency.
The main goal is to make Pakistan a competitive player in the global digital economy while prioritizing security, transparency, and innovation.
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The main goal is to make Pakistan a competitive player in the global digital economy while prioritizing security, transparency, and innovation.
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🧸 The CEO of CryptoQuant stated that Bitcoin has entered a bearish market phase, with 6 to 12 months of bearish or sideways price movement expected.
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The malware attacks 20 different extensions, including MetaMask, Coinbase Wallet, Trust Wallet, OKX Wallet, Bitget Wallet, Phantom, and others.
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🕵️♂️ Detective ZachXBT stated that the crypto industry is doomed when it comes to security — hacks and money laundering happen too easily, while exchanges and protocols react too slowly.
He pointed out that "decentralized" projects receive almost all their revenue from illicit transactions but take no responsibility. Centralized exchanges are even worse — blocking funds takes hours, while laundering takes only minutes.
He also criticized KYT for its vulnerabilities and KYC for being useless, as accounts are often bought. In his view, North Korea laundering $1.4 billion recently highlights the scale of the problem.
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He pointed out that "decentralized" projects receive almost all their revenue from illicit transactions but take no responsibility. Centralized exchanges are even worse — blocking funds takes hours, while laundering takes only minutes.
He also criticized KYT for its vulnerabilities and KYC for being useless, as accounts are often bought. In his view, North Korea laundering $1.4 billion recently highlights the scale of the problem.
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🇺🇸 Publicly traded American miners now control 30.2% of Bitcoin's network hashrate — a new record.
After the halving, the 14 largest companies increased their market share by 8%, strengthening the influence of U.S. players in the industry.
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After the halving, the 14 largest companies increased their market share by 8%, strengthening the influence of U.S. players in the industry.
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The total stablecoin supply increased by 63%, reaching $225 billion, while monthly transfer volume surged by 115% to $4.1 trillion.
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🇺🇸 The managers of Trump Media are launching a new company to acquire cryptocurrency firms.
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