π Bloomberg: New rules proposed by the US SEC could make it harder for hedge funds and others to work with crypto companies bloomberg.com
π Data: Grayscale GBTC negative premium rate increased to 47.37%. oklink.com
π Pie Shield: The Paxi Treasury destroyed 342 million BUSD in the last 24 hours. twitter.com
π The South Korean Financial Supervision Authority has set up a special working group to verify virtual assets with securities attributes. n.news.naver.com
π BlockFi: Lenders can now submit proof of claims, April 1 deadline twitter.com
π Biden to appoint Fed Vice Chair Lael Brainard as chief economic adviser: Bloomberg
Brainard led the US Federal Reserve's work on a potential digital dollar (CBDC) and cryptocurrency policy discussion
#regulation
coindesk
Brainard led the US Federal Reserve's work on a potential digital dollar (CBDC) and cryptocurrency policy discussion
#regulation
coindesk
π€ CryptoAttack π¬π§
π Pie Shield: The Paxi Treasury destroyed 342 million BUSD in the last 24 hours. twitter.com
π§― #BUSD Paxos Treasury burns again: 76.15 million BUSD
π¨π³π Beijing Economic Information Bureau publishes "White Paper on the Development of the Artificial Intelligence Industry": support leading companies to build a large model comparable to ChatGPT and focus on building an open source platform mp.weixin.qq.com
π₯³ #ETH Statistics: The number of Ethereum blocks that comply with OFAC requirements has fallen to 48%
π #BUSD Head of Matrixport Research: Regulatory actions regarding BUSD are not aimed at attacking all stablecoins cointelegraph.com
π° ScalingX, the Web3 developer community, is launching its accelerator with a $20 million investment. The accelerator is designed to support and develop the Web3 ecosystem with a focus on zK and DeFi
π #ALGO Algorand Foundation CEO: Crypto SEC crackdown highlights lack of regulatory clarity. Crypto companies are punished rather than instructed.
#regulation
#regulation
π°π Credit Suisse leads $65M Series B at European digital asset company Taurus
theblock.com
theblock.com
π US Attorneys found that SBF uses VPN to access the internet. This raises concerns that the FTX co-founder may be hiding his online activities. Bloomberg
π€ CryptoAttack π¬π§
π Data: Binance's 24-hour net churn is around $831 million, the largest single-day net churn since last November. coindesk.com
π #BUSD 0xscope: Over the past 12 hours, the outflow of stablecoins from Binance seems to be under control. twitter.com
X (formerly Twitter)
0xScope (@ScopeProtocol) on X
In the past 12 hours, the stablecoin outflow of Binance seems to be getting control.
No >1M $USDC withdrawals have been processed for 15 hours.
Also, two anon addresses have sent ~$500M $USDC to #Binance.
#Binance is taking action.
Money flowπ
https://t.co/0XGs1xAv5W
No >1M $USDC withdrawals have been processed for 15 hours.
Also, two anon addresses have sent ~$500M $USDC to #Binance.
#Binance is taking action.
Money flowπ
https://t.co/0XGs1xAv5W
π―π΅π° SBI Holdings intends to add a 49% stake in the Bitpoint Japan crypto exchange and will fully own it coinpost.jp
πΉπ The SEC is trying to create a βchilling effectβ on the blockchain industry by flagging nine tokens (#AMP, #XYO, #LCX, #POWR, #RLY, #RGT, #DDX, #DFX, #KROM) at the center of the case. insider trading like securities, but without giving token creators a chance to protect themselves.
coindesk.com
coindesk.com
TVL Lido fell by -6.66% after ETH price fell by -7.22%.
- Lido led the new Ethereum stack with a 27% share of weekly deposits.
- wstETH: 34,726 (+34.87%) .
- Lido on Polygon achieves 2% market share.
- Lido led the new Ethereum stack with a 27% share of weekly deposits.
- wstETH: 34,726 (+34.87%) .
- Lido on Polygon achieves 2% market share.