Live Feed

An address presumed to belong to Ceffu, Binance's institutional custody platform, has deposited 1,744 BTC ($121 million) to Binance, according to Whale Alert.

BlackRock's ETF brand, iShares, is featuring its staking-supported Ethereum (ETH) spot ETF at the top of its website, according to Nate Geraci, CEO of asset management firm Novadius Wealth Management. BlackRock submitted an amended S-1 filing for its ETH staking ETF, ETHB, to the U.S. SEC last month. Geraci noted that the prominent placement of the ETH product is significant, as iShares manages nearly every asset class through around 500 ETFs listed on U.S. stock exchanges.

Blockchain ecosystem development activity has contracted sharply since early last year, accompanied by a steep drop in the number of developers, CoinDesk reported, citing data from Artemis. According to the data, the number of commits, which track code changes in crypto-related projects, fell from 850,000 to 210,000, while the number of active developers decreased to approximately 4,600. The report suggests that talent and resources leaving crypto projects are being absorbed by the AI sector. The ecosystems that saw the largest decreases in developers were Ethereum (ETH), down 34% to 2,811; Solana (SOL), down 40% to 942; and Base, down 52% to 378. However, the outlet noted that this may indicate a consolidation rather than a collapse of the ecosystem, as developers with more than two years of experience account for 70% of all activity.

Coinbase CEO Brian Armstrong has strongly refuted recent allegations that the company lobbied against a tax exemption for small Bitcoin transactions. According to U.Today, rumors had spread within some crypto communities that Coinbase was working to eliminate this tax benefit, supposedly because the company would profit if the exemption were applied only to stablecoins. Armstrong stated that he does not know the source of this misinformation, calling the claim a complete fabrication. He emphasized that he has invested significant time advocating for the tax exemption on small Bitcoin transactions and intends to continue doing so.

The team behind the meme coin Trump (TRUMP) deposited 5 million TRUMP, worth $14.4 million, from a BitGo custody address to Binance two hours ago, according to EmberCN. This transfer is part of a larger batch of 32.5 million TRUMP that the team unlocked early last month. Of the previously unlocked tokens, 9.88 million TRUMP ($31.7 million) had already been sent to Binance. Deposits to exchanges are often interpreted as a potential precursor to selling.

Amid a rise in voice phishing scams involving cryptocurrencies, the South Korean government will require cryptocurrency exchanges to adopt the same level of fraud prevention measures as traditional financial institutions, Edaily reported. South Korea’s Financial Services Commission announced today that an amendment to the Telecommunications Fraud Damage Refund Act, aimed at strengthening the response to voice phishing crimes using virtual assets, has passed a plenary session of the National Assembly. The amendment expands the definition of recoverable assets from just money to include virtual assets, strengthening the relief process for victims. Cryptocurrency exchanges will also be required to join the 'ASAP' (Voice Phishing Information Sharing and Analysis AI Platform) to share information on suspicious transactions, strengthening the cooperative framework between institutions.

Gravity, the Layer 1 blockchain from Web3 community platform Galxe (G), has announced the launch of its Longevity testnet. Initial performance tests in a controlled environment showed high throughput. In a cluster with three validators, the network achieved a 200-millisecond (ms) block time and processed 9,500 to 11,000 transactions per second (TPS) for ERC-20 transfers. To enhance transparency, the testnet includes a benchmark tool, "gravity_bench," an open-source utility that allows developers to independently verify its performance. Gravity described the testnet as the final milestone before its Layer 1 mainnet launch, providing an environment for developers, validators, and infrastructure teams to experiment with the network.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.45% long, 49.55% short - Binance: 51.28% long, 48.72% short - OKX: 50.68% long, 49.32% short - Bybit: 51.57% long, 48.43% short

Prediction market platform Kalshi has filed a preemptive lawsuit against regulators in the U.S. state of Iowa to counter potential sports betting regulations, Cointelegraph reported. According to the complaint filed in an Iowa federal court, Kalshi stated there is a high probability that the Iowa Racing and Gaming Commission will take enforcement action to block its event contracts. The company argued that its products are federally regulated commodities under the jurisdiction of the Commodity Futures Trading Commission (CFTC) and are therefore not subject to state law.

Demand for XRP from dip-buyers is being maintained even as the token's upward momentum slows, Cointelegraph reported. The token rose to $1.41 before selling pressure pushed it into a sideways trend, confirming the $1.40 level as a short-term resistance. Despite this, buying pressure has consistently defended the $1.37–$1.373 range, forming a structure of gradually higher lows. This indicates that demand from dip-buyers remains strong despite the weakening momentum, the outlet explained.

South Korean crypto exchange Bithumb announced it will list CySiq (CYS) for KRW trading at 8:00 a.m. UTC on March 12.

Losses from crypto ATM scams in the United States reached $333 million last year, Cointelegraph reported, citing a report from cybersecurity firm CertiK. The increase is attributed to fraud groups using AI deepfake technology. According to the report, criminal organizations are exploiting the fast transaction speeds and anonymity of crypto ATMs to steal funds from victims. The analysis noted that these ATMs have become an easy tool for theft because cash can be converted to cryptocurrency in under five minutes with limited identity verification.

Binance Co-CEO He Yi said on X that traditional finance views cryptocurrency as a solution, and the crypto industry likewise sees traditional finance as a solution. She added that recent industry fundraising and the market performance of companies preparing for or having completed IPOs seem to have prompted financial media to re-evaluate Binance's corporate value. While Forbes's valuation is encouraging, He Yi noted, a corporate valuation is ultimately just an estimate.

U.S. prosecutors have argued that a request for a new trial by FTX co-founder Sam Bankman-Fried (SBF) should be denied, Bloomberg reported. They contend that SBF has failed to prove his conviction was unjust. SBF filed for a retrial early last month, claiming that newly obtained testimony could influence the case's outcome. In his initial trial, SBF was sentenced to 25 years in prison and ordered to forfeit $11.02 billion, a verdict that was later overturned on appeal.

The recent surge in international oil prices could become a variable for the cryptocurrency market, Binance Research noted in a March 11 report. The report explained that while the U.S. February Consumer Price Index (CPI) met expectations with a 2.4% year-over-year increase and brought relief to the market, this figure does not reflect the impact of the recent situation in the Middle East and the spike in oil prices. Binance Research suggested that real inflationary pressure is more likely to appear in the March and April data, which could in turn affect the Federal Reserve's future interest rate cut policies. As the crypto market is correlated with macroeconomic factors, the report advised that these indicators should be closely watched. It also added that the recovery of spot ETF inflows will be key to determining the market's turning point after the recent downturn.

U.S. spot Ethereum ETFs recorded a net inflow of $57.11 million on March 11, marking the second consecutive day of positive flows, according to data compiled by Trader T. No ETFs experienced net outflows during the day. - BlackRock's ETHA: +$18.9 million - Fidelity's FETH: +$19.13 million - Grayscale Mini ETH: +$19.08 million

U.S. spot Bitcoin ETFs recorded a net inflow of approximately $115.42 million (171 billion won) on March 11, marking the third consecutive day of net inflows, according to data compiled by Trader T. - BlackRock IBIT: +$115.51 million - Fidelity FBTC: +$15.37 million - VanEck HODL: -$4.49 million - Grayscale GBTC: -$15.97 million - Grayscale Mini BTC: +$5 million

Tom, founder of the BONK-based coin issuance platform Letsbonk.fun, announced via X that the domain bonk.fun has been hijacked due to a hacked team account. He urged users not to access the domain until further notice.

An address believed to belong to FTX and Alameda Research unstaked 197,000 SOL, worth approximately $17.07 million, yesterday, Onchain Lens reported. According to past patterns, the tokens are likely to be distributed across multiple addresses before being transferred to Coinbase and Binance.

Grayscale has announced that trading for its Avalanche (AVAX) staking ETF, GAVA, will begin tomorrow. GAVA is a product that passively invests in AVAX, structured to track the value of the fund's underlying assets net of expenses and liabilities. Through the ETF, investors can also indirectly participate in AVAX staking rewards.

Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), attended a meeting of the Basel Committee on Banking Supervision's (BCBS) Group of Governors and Heads of Supervision (GHOS), where members agreed to review prudential standards for banks' exposure to virtual assets, Financial News reported. The group also agreed to review the assessment methodology for Global Systemically Important Banks (G-SIBs). This suggests that banks holding virtual assets or offering related services will face stricter capital requirements in the future.

The upcoming U.S. consumer price index (CPI) for March has already been priced into Bitcoin, Cointelegraph reported, citing multiple analysts. The report notes that while the March CPI is expected to exceed forecasts, risk asset markets, including BTC, have shown relatively little movement. This stability suggests the market has already accounted for a potential rebound in inflation. The fundamental market belief that the Federal Reserve will cut interest rates is unlikely to be shaken, provided the inflation figures do not deviate significantly from expectations. However, some experts believe that if core CPI remains high, the Fed might delay its rate cuts until the second half of the year, the report added.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $64.76 million liquidated (56% shorts) - ETH: $44.74 million liquidated (54.64% shorts) - SOL: $7.98 million liquidated (58.15% shorts)

Dunamu, the operator of South Korean crypto exchange Upbit, has decided to pay a dividend of 5,827 won per share this year, down from a record 8,777 won in the previous year, News1 reported. The total dividend payout is also set to decrease from approximately 300 billion won last year to around 200 billion won this year. The reduction is attributed to fluctuating trading volumes on Upbit amid volatility in the digital asset market.

Pump.fun (PUMP) is expected to expand its platform by registering subdomains on Base, BNB Smart Chain (BSC), Monad (MON), and Ethereum (ETH), Wu Blockchain reported. The platform has also removed any mention of Solana (SOL) from its official X profile. This move follows the recent addition of support for competing cryptocurrencies like Raydium (RAY) and Meteora (MET), as well as wrapped assets like wBTC, aligning with previous reports that the project is transitioning from a memecoin-focused service to an all-in-one trading app.