☎️ OKX Pays $84M Fine, Forfeits $421M in U.S. Settlement

📌 OKX has admitted to operating in the U.S. without a money transmitter license. Its subsidiary, Aux Cayes FinTech, settled with the DOJ, agreeing to:

💰Pay an $84M fine
💵Forfeit $421M in fees from U.S. clients

☎️ Grayscale’s Smart Contract Fund has revealed its latest portfolio allocation as of February 27, 2025:

🪙 Solana ($SOL) — 31.30%
🔹 Ethereum ($ETH) — 31.22%
🪙 Cardano ($ADA) — 18.23%
🔴 Avalanche ($AVAX) — 7.26%
💰 Sui ($SUI) — 6.50%
🪙 Near ($NEAR) — 2.95%
🟣 Polkadot ($DOT) — 2.54%

The fund uses market cap-weighted distribution, with each asset capped at 30%, and reviews its composition quarterly.

☎️ Tether USDt Custody & Transfers 'Not Restricted' Under MiCA, Says ESMA

📞The European Securities and Markets Authority (ESMA) confirmed that MiCA regulations do not explicitly prohibit the custody and transfers of non-compliant stablecoins like Tether USDt (USDT).

🟢 While Binance plans to delist non-MiCA-compliant stablecoins in the EEA by March 31, it will still allow deposits and withdrawals of these tokens.

🔠 ESMA clarified that providing custody and transfer services for such stablecoins does not count as offering them to the public, meaning these services are not prohibited by MiCA. However, crypto services providers are advised to limit acquisition services for non-compliant tokens.

⚡️ This adds to the ongoing confusion around MiCA and its impact on the crypto market. MiCA is still evolving, and industry experts continue to debate its full implications.

☎️ Currently, 23% of all Bitcoin (4.56 million BTC) are sitting in unrealized losses. 🔵

😺 The percentage of profitable Bitcoin has dropped from 99% to 76%.

📞 Interestingly, during the previous consolidation phase, this figure fell to 70%, hinting at a similar market macro cycle.

📞 It looks like history is repeating itself in the crypto world!

📞 Lazarus Group Holds $1.12B in BTC

📞 Arkham reports that North Korea’s hacker group, Lazarus, controls 13,518 BTC (~$1.12B).

📲 This makes North Korea the third-largest state Bitcoin holder, trailing only the US and UK.

📞Tether wants to involve an auditor from the «Big Four» to check the stability of USDT

📞 According to Paolo Ardoino, it will be much easier to attract one of the leading audit firms after the administration of President Donald Trump comes to power in the United States:

☎️ Now we live in conditions where it is really feasible. If the President of the United States says that this is the top priority for the country, the big four audit companies will have to listen

📞 4-Year Crypto Cycle

📞Polygon’s founder says the classic Bitcoin halving cycle is fading as crypto matures and big institutions step in.

📲High interest rates = less speculation, but expect a rebound when they drop!

📲 Trump’s Bitcoin reserve & ETFs are also shaking things up—bull runs might look different from now on.

📞 South Korea May Open Crypto Market to Foreigners!

South Korea’s Financial Services Commission (FSC) is considering lifting restrictions on foreign investors trading on local crypto exchanges—if anti-money laundering (AML) measures improve.

FSC official Kim Sung-jin supports allowing foreign investors into the market.

This move could boost USD stablecoins and potentially eliminate the Kimchi Premium (price gap between Korean and global crypto markets).

However, regulators argue that local exchanges still lack strong AML capabilities.

💡Why does this matter?

If South Korea opens its crypto market, it could bring global liquidity, revitalize the industry, and align the country with international financial trends.

💥 Bitcoin Mining Profitability Hits 2024 Low!

📉 The Bitcoin Hashprice Index has dropped to $42 per PH/s—its lowest since September 2024. Falling Bitcoin prices coupled with a nearly 7% jump in network difficulty on April 6 have squeezed mining profits by about one-third compared to the autumn period during the U.S. presidential elections, when they were above $60.

As Bitcoin flirted below $75K on Monday and last night, some large mining companies are now nearing break-even, with costs ranging from $17 to $50 per PH/s in Q4 2024 (TheMinerMag). At $42, revenues for some miners, especially those with high electricity costs or outdated equipment, are already below their operational costs.

Remember, in 2021, hashprice peaked at over $3500 per PH/s per day. Today’s harsh reality might spark further consolidation in the mining industry.

📊Over the past 30 days, Ethereum has processed a record-breaking $1.18 trillion in stablecoin transfers — the highest in its history!

This figure is nearly double the amount moved via Tron, Ethereum's closest competitor in this space. 💵

The surge highlights Ethereum’s dominant role in the stablecoin ecosystem, despite high fees and scalability challenges.

Its network remains the go-to platform for major stablecoin activity, reflecting strong trust and adoption.

🪐 The FUN Token 2025–2026 Roadmap is LIVE ⚡️

A new era of gaming is here — 40+ games, 10M+ users, a unified wallet, and a thriving player-first economy.

From mobile apps to game studio partnerships, this is how we scale Web3 entertainment for the world.

💟 Explore the roadmap → funtoken.io/road-map

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#CryptoGames #NFTGaming
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#FUNTokenArmy #GamingRevolution
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#DeflationaryToken

☎️ Whoa! In 2024, cryptocurrency scammers made off with a staggering $9.3 billion from Americans. According to the Federal Bureau of Investigation (FBI), the number of crypto-related complaints soared, with 149,686 reports filed by U.S. residents. That’s a 66% increase in losses compared to 2023 — a sharp reminder of how rapidly cybercrime is evolving in the digital finance space.

🚓 Yikes! The FBI’s findings reveal that fraudsters targeted a wide range of victims, but older Americans bore the brunt. Individuals aged 60 and over lost a heartbreaking $2.8 billion, making them the most impacted group. This highlights the urgent need for better awareness and protective measures for seniors engaging with digital currencies.

📞 Phew! On the other hand, younger Americans under 20 experienced significantly fewer losses. While still alarming, their combined reported losses amounted to just $7.8 million. This may suggest that younger users, possibly more tech-savvy, are slightly better at spotting red flags — or just haven’t invested as much yet.

Keep your eyes peeled, and always double-check before clicking — the digital gold rush still has its fair share of bandits.

🇧🇹 Bhutan Quietly Selling Off Bitcoin Reserves

Bhutan, known for officially mining Bitcoin and using it to fund 50% salary increases for public servants, has reportedly sold 46% of its BTC holdings over the past year.

While the country embraced crypto as part of its sovereign investment strategy, the recent sell-off raises questions about long-term plans and the sustainability of its BTC-backed policies.

📲 Solana Flips BNB — and XRP Flips USDT

Solana has officially overtaken BNB in market cap, reclaiming its spot as the 5th largest crypto. 📈

Meanwhile, XRP has edged past USDT, jumping into 3th place.

🔄 A shifting top 10 signals renewed momentum across majors — and maybe the start of another rotation season.

📲 Arkham revisits Germany’s infamous Bitcoin sell-off

📲 The German government sold 49,958 BTC for $2.9B at an average price of $57,900 — right at what now looks like a key support level.

📞 In hindsight, the sale appears poorly timed: with current prices much higher, Germany’s "supportive exit" may have cost taxpayers around $2.35B in unrealized gains.

A historic example of why timing matters — even for governments.

🔄 Investors are redistributing profits from Bitcoin’s $112K ATH into altcoins.

🔍 On-chain data shows a surge in new wallet creation for several tokens — a classic sign of growing retail and whale interest:

👉 $WETH (Wrapped Ethereum)
👉 $GT (Gatechain)
👉 $MKR (Maker)

This shift suggests rising momentum in the altcoin market as capital flows from BTC into promising projects. 📈

📲 Coinbase Data Leak Tied to Indian Contractor

📲 A major customer data leak at Coinbase was traced back to its contractor TaskUs, according to a Reuters investigation. In January, an employee at TaskUs's India office was caught filming her screen to allegedly send sensitive data to hackers in exchange for bribes.

🥷 Coinbase confirmed the incident only in May, after hackers demanded $20M to avoid publishing stolen data. A total of 69,461 users were affected — with names, addresses, phone numbers, emails, banking info, ID photos, and transaction histories exposed.

The exchange estimates potential damages between $180M–$400M. Over 200 TaskUs employees have since been fired.

Meanwhile, users report phishing calls urging them to transfer crypto to "safe wallets" — fraudsters allegedly made up to $7M daily from the scheme.

💵 MicroStrategy has added another 1,045 BTC to its stash, spending $110.2M at an average price of $105,426 per coin

This brings their total holdings to 582,000 BTC — with an average buy price of a “comfortable” $70,086.

Still stacking, no matter the market. 🚀