JPEX case update: HK police received 2,636 reports totaling HK$1.616B as of Feb 28 (Ming Pao). 80 arrested, HK$228M in assets frozen (real estate, cars, cash, crypto). 1,311 complainants gave statements, 666 won't pursue, 659 unreachable. Investigation ongoing.
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New Hampshire & Florida legislatures are considering bills to invest state funds in Bitcoin. NH's HB302 passed the House, allowing up to 10% of the general fund in crypto. FL's HB487, allowing similar Bitcoin investment, advances after committee approval.
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Hong Kong's virtual asset ETFs saw ~HK$13.29M in trading volume today. Top performers: ChinaAMC Bitcoin ETF (HK$8.5M) & Harvest Bitcoin ETF (HK$2.61M). ETFs offer HKD/USD trading, with ChinaAMC also offering RMB.
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HK Computer Society proposes "Regulatory Sandbox 2.0" for DAO voting & new governance tools, following SFC's virtual asset roadmap. They suggest cross-border on-chain compliance & a "negative list" approach, allowing self-regulation except where prohibited. #HongKong #Web3 #Regulation
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Whale alert! Over 5 days, a Bitcoin whale bought 259.87 WBTC at ~$78,972 ($20.52M total) per @ai_9684xtpa. They've deposited it on Aave as collateral, showing a $597K unrealized profit!
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China to raise tariffs on US imports to 125% on April 12, 2025, citing US goods' lack of competitiveness due to existing tariffs. Commission calls further US tariff hikes a "joke," vowing to ignore "tariff number games" but retaliate against actions harming Chinese interests.
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Parsec analysis: sUSD depeg caused by SIP-420, removing SNX staker incentives to buy sUSD. This increased sUSD supply, exceeding 90% in some Curve pools. SNX team addressing with new demand & Curve incentives to restore stability. sUSD previously depegged >10% to $0.8946.
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The event aims to share the latest DOGE news and discuss potential investment opportunities and strategies.
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Phishing Address Transfers 750 ETH to Tornado Cash
According to PeckShieldAlert monitoring, a phishing address has transferred 750 ETH (approximately $1.17 million USD) to Tornado Cash.
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Morpho Labs fixed a security issue on their frontend that caused transaction problems for some users after a recent update. No action needed from users. A detailed report on the issue's cause and fix will be released next week.
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Altcoin trading volumes are down, signaling a potential buy zone! 📉 CryptoQuant suggests Dollar-Cost Averaging (DCA) as volumes dip below the yearly average. Historically, this has been a good time to buy. Is now the time to DCA into alts? 🤔 #altcoins #crypto #DCA #investing
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World Liberty Financial (WLFI) denies selling $8M in ETH, calling reports "completely inaccurate." Despite the denial, reports say WLFI faces nine-figure losses. ETH rebounded to $1,553 after dipping to $1,465. WLFI wallets were previously linked to alleged sales after $125M losses.
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Grayscale is eyeing new crypto assets for potential investment products! 👀
Considering: APT, ARB, TIA, HBAR, MNT, TON, TRX, VET + many more!
Also monitoring emerging projects like Babylon, BERA, Monad, and others outside the current crypto framework. Stay tuned! #crypto #Grayscale #investments
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Vitalik addresses EIP-7702 security concerns! He says proper implementation involves delegating authority to a vetted contract, ensuring secure logic. This aims to mitigate risks with the new standard. #Ethereum #EIP7702
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Address hit by $2.6M attack via Morpho Blue front-end vulnerability (PeckShieldAlert). c0ffeebabe.eth frontran the attack, funds moved to 0x1A5B…C742.
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Asian markets slump! Nikkei 225 plunged nearly 3% today, down 1.1% this week. South Korea's KOSPI fell 0.51%, a 1.3% weekly drop. #stocks #asia #marketnews
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NC bill "Digital Asset Freedom Act" (H.B. 920) aims to let residents pay taxes with crypto! 💰 It sets tough requirements: $750B market cap, $10B daily volume, 10-yr history, decentralization, & no pre-mining. Could this be the future of tax payments? 🤔
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Ethereum devs discussed Pectra & Fusaka upgrades in ACDE call. Pectra client releases April 21st, adding EIP-7702 delegation state to JSON-RPC. Fusaka includes EIP-7823, EIP-7825, & EIP-7907. Debating EIP-7762 vs EIP-7918 for blob fee mechanism to balance resource use & market demand.
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S&P 500 volatility spikes to 169%, surpassing Bitcoin's 83% amid trade tariff fears, per CoinDesk. US assets lose appeal as Treasury yields rise and the dollar dips. Is Bitcoin a new safe haven? #volatility #Bitcoin #economy
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Peter Schiff slams Trump's budget: higher deficits & "unlimited QE" coming! Schiff says the House plan raises the debt ceiling to record levels, fueling spending. He warns of inflation & financial risks, predicting the US may resort to "unlimited QE" due to lack of foreign creditor constraints.
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