According to Lookonchain, as ETH prices decline, two whales holding 125,603 ETH in Maker lending positions are again facing liquidation risks, totaling $238 million. The health factor of these whale positions has dropped to 1.07, with liquidation prices at $1,805 and $1,787, respectively.
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Chinese authorities busted a cigarette smuggling ring using Tether (USDT). The "Virtual Currency Cigarette Transaction Awareness System" helped police catch 12 suspects in Liuzhou, seizing 84,400 illegal cigarettes and 28,625 USDT in transactions. #crypto #china #smuggling
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Bitcoin ETFs saw $93.16M in net outflows on March 28, per SoSoValue. Fidelity's FBTC had the largest single-day outflow, also at $93.16M. Despite this, FBTC's total historical net inflow remains at $11.47B.
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According to SoSoValue data, Ethereum spot ETFs saw a total net inflow of $4.68 million on March 28 (US Eastern Time). All nine ETFs experienced net inflows. Grayscale's ETHE led with a single-day net inflow of $4.68 million, although its total historical net outflow remains at $4.167 billion.
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Thai SEC filed a criminal complaint against OKX operator Aux Cayes FinTech & 9 individuals for allegedly offering unlicensed crypto trading services since 2021 via website & social media (Telegram, X, Line). SEC warns users about risks of unlicensed platforms. #crypto #Thailand #OKX
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Pumpfun on Solana hit an all-time high, making up 20% of DEX volume yesterday! 📈 PumpSwap AMM now handles over 60% of Pumpfun token trades, surpassing Raydium. In the last 30 days, Pumpfun tokens were 25% of DEX volume vs. 33% for other meme tokens. via @BlockworksRes
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Scallop Lend is making waves! DeFiLlama reports $79.92K revenue in the last 24h, #2 in DeFi lending, just behind Aave. TVL is $146.27M (deposits/collateral at $188M). Recent WAL token launch & Binance Wallet yield campaign are fueling growth!
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Vitalik Buterin suggests China's tech scene might be more open than perceived, challenging the US open-source narrative. He argues cultural shifts are hard & crypto offers a bias-free foundation for innovation. #crypto #ethereum #china #tech
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Vitalik proposes a "2-of-3" Layer 2 finality system: OP, ZK, & TEE. ZK & TEE = immediate finality. Otherwise, 7-day OP verification. Aims for security & avoids relying on only ZK. He also suggests a universal ZK proof layer for lower costs & better interoperability.
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Vitalik Buterin suggests shifting focus from public goods funding to open-source funding, per @WuBlockchain. He argues open-source should prioritize projects most valuable to humanity, not treat all projects equally. He notes distinguishing worthy projects is already done in public goods funding.
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Elon Musk said "Feel free to take that on" about xAI reviving Vine. Following this, the Solana meme coin VINE's market cap jumped, exceeding $40M! It's currently at $38.2M, up 45% in the last 24 hours. GMGN data.
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🚨 $23.53M in UNI tokens flowed into Binance after recent unlock, per @EmberCN via Wu Blockchain. 📉 Price dropped over 10% ($6.8 → $6.1). Transferring address still holds ~$7.73M UNI. #Uniswap #Binance #Crypto
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Bubblemaps reports Hayden Davis, linked to MELANIA & LIBRA tokens, allegedly sold $1.06M MELANIA on exchanges and extracted $2.05M from liquidity pools over 14 days. This could be an attempt to move funds discreetly with less scrutiny.
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SEC's crypto asset working group met with Wintermute Trading & Morrison Cohen LLP on March 28 to discuss crypto regulation solutions. Documentation was provided. #crypto #regulation #SEC
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Trader @izebel_eth just made a big move on HyperLiquid, per OnchainLens: Deposited 2M USDC, 25x long ETH (4,000 ETH, $7.62M nominal). Also scooped up 100k HYPE at $13.5, spending $1.34M. Bullish! 🚀
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Five Dem senators want the Fed & OCC to investigate the Trump family's crypto project, World Liberty Financial (WLFI) & its USD1 stablecoin. They cite "unprecedented conflict of interest" & potential instability, given Trump's influence. WLFI launched Sept 2024 & has raised $550M.
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Big oops! X (qklpj.eth) accidentally sent 7,912 ezETH ($27.96M) to Renzo protocol last June. Good news: Renzo burned the ezETH and re-minted them! 80% returned to X, 10% to Renzo DAO, 10% to 0xC5e multi-sig. #DeFi #Oops #Renzo
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Hyperliquid now has on-chain validator voting for asset delisting! Validators can vote to delist assets, with automatic on-chain execution. Demo: Hyper Foundation validators 2-5 vote on delisting MYRO contract around 21:00 Beijing time, March 29, 2025. Validator 1 abstains.
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EU regulators propose 100% capital requirement for insurers holding crypto, per Financial Times. The strictest rule yet aims to limit exposure to Bitcoin & digital assets. EU insurers held €655M in crypto at end of 2023, <0.01% of holdings. Proposal awaits EU Commission approval.
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NJ regulators ordered Robinhood & Kalshi to stop offering sports prediction markets to NJ residents by March 28th. Potential enforcement actions if they don't comply. (via Decrypt)
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