Binance will remove stablecoin trading pairs that do not comply with MiCA standards for EEA users on March 31st

According to BlockBeats, on March 4th, ZKnox, a research organization supported by the Ethereum Foundation, was officially established with the aim of enhancing the security and efficiency of Ethereum. ZKox focuses on post quantum cryptography and optimizes the implementation of number theory transformations (NTT) to improve the computational efficiency of post quantum signature verification.

OKX-BTC/USDT is currently trading at $90208.90, with a 24-hour increase of 0.43%. Please be aware of market fluctuations.

A trader on decentralized derivatives platform Hyperliquid used 50x leverage to open a $200 million long position on bitcoin (BTC) on Sunday, netting a gain of around $6.8 million after U.S. President Donald Trump spurred a market-wide rally by announcing the nation's crypto reserve.The trader used $4 million worth of collateral to place a trade that at one point was just a $50 swing away from being liquidated. The entry was at $85,908 with liquidation price of $84,752. See all newslettersBTC instead rose by more than 11% from $85,000 to $97,255 after a reference to the reserve was made on social media platform Truth Social. However, the trader perhaps backed the wrong horse as ADA and XRP experienced gains of 47% and 18% respectively.Trump caught many by surprise with his announcement due to the inclusion of XRP, SOL and ADA. Coinbase CEO Brian Armstrong and Bitwise CEO Hunter Horsely said that they thought the U.S. reserve would only include bitcoin, whilst those connected to Ripple and Cardano took victory laps on social media.Some skeptical social media users have questioned whether the trader had insider knowledge of the reserve, although it's unclear whether the position was a hedge or if the trader thought BTC had bottomed following correction from $109,000 to as low as $78,000 in the weeks since Trump's inauguration.The trader has now closed his long position, realizing around $6.8 million in profit.

On March 4th, according to NetEase Qingliu Studio, Wang Shuiming, a native of Anxi, Fujian who was arrested in Singapore's largest money laundering case, has been arrested in Montenegro and will be extradited back to China. Wang Shuiming's partner, Su Weiyi, was confirmed to be the mastermind behind the Hong Kong cryptocurrency platform scam AAX. In July 2024, Su Weiyi was arrested by the Hong Kong police. In November 2022, Atom Asset Exchange suddenly failed to withdraw funds and went bankrupt, causing Su Weiyi to withdraw HKD 16.74 million (approximately RMB 15.675 million) and flee. In July 2024, Su Weiyi was arrested by the Hong Kong police. It is worth mentioning that Su Weiyi and other partners jointly own other companies, which are associated with Alice Guo, a former Filipino Chinese mayor who has been convicted.

Odaily Planet Daily News: According to official sources, Bitcoin mining company Hut 8 released its 2024 financial report, which showed that the company achieved a net income of $331 million and revenue of $162 million for the whole year, benefiting from the rise in Bitcoin prices. As of the end of 2024, Hut 8 holds 10171 bitcoins, worth approximately $905 million at current prices, most of which have been used as collateral to purchase more ASIC mining machines.