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Three teenagers have been arrested in South Korea on charges of special robbery after allegedly luring a victim with a fake over-the-counter (OTC) crypto deal, assaulting them, and stealing over 30 million won (around $22,500) in cash, MBN News reported. The Gyeonggi Goyang Police are investigating the three suspects. The incident took place on March 2 in Goyang City. The group is believed to have planned the crime in advance and contacted the victim through Telegram.

An address suspected to belong to ParaFi Capital appears to be swapping its AAVE holdings for SKY, EmberCN reported. Three days ago, the address deposited 42,500 AAVE, worth $5.26 million, into Coinbase Prime. Four hours ago, it withdrew 70 million SKY, valued at $5.38 million, from the same platform.

A wallet associated with the Pump.fun (PUMP) team has deposited 1.757 billion PUMP, worth approximately $3.54 million, to the exchange Bitget, Onchain Lens reported. The wallet currently holds 12.3 billion PUMP, valued at $24.77 million. Deposits to exchanges are often interpreted as a precursor to selling.

Bitcoin payments app Strike announced it has obtained a BitLicense and a Money Transmitter License from the New York State Department of Financial Services (NYDFS). The BitLicense is considered one of the strictest regulatory licenses in the U.S. With this approval, Strike can now offer Bitcoin-related products and services to individuals and businesses throughout New York State. The company previously launched a credit service in the U.S. that allows users to borrow cash against their Bitcoin holdings.

The Consumer Dispute Mediation Commission of South Korea's Consumer Agency has initiated a collective dispute mediation process concerning payments for an API integration event held by the crypto exchange Bithumb, Yonhap News reported. The commission will post a public notice about the mediation until March 23 while it begins to draft a settlement proposal. The dispute stems from a promotion Bithumb ran last November for first-time API traders, which offered a full rebate on trading fees and a support payment of 100,000 won (around $75). After the event began, the exchange added a clause excluding one-time trades made solely to receive the benefits and subsequently refused to make the payment to some users.

An Ethereum whale address that had been dormant for 10 years has transferred 100.27 ETH, worth $212,000, to a new address, according to Onchain Lens. The whale originally acquired 401.1 ETH for $125 during the Ethereum ICO, representing an estimated return of 6,687 times the initial investment.

CoinMarketCap's Altcoin Season Index has risen seven points from yesterday to 38. The index compares the price performance of the top 100 coins by market capitalization—excluding stablecoins and wrapped coins—against Bitcoin. A period is considered an altcoin season if 75% of these coins outperform Bitcoin over the past 90 days; otherwise, it is deemed a Bitcoin season. A score closer to 100 indicates a stronger trend toward an altcoin season.

The Korea Exchange has activated the KOSDAQ buy-side sidecar for the second consecutive day.

BlackRock withdrew 4,172 BTC, worth $296.17 million, from Coinbase over the past eight hours, according to Onchain Lens. Withdrawals from exchanges are generally interpreted as a move to hold the assets.

The Bank of Canada has completed Project Samara, a pilot project for tokenizing government bonds, The Block reported. As part of the initiative, Export Development Canada (EDC) issued the country's first tokenized bond, which was settled using wholesale central bank deposits. The central bank also tested the feasibility of issuing a single three-month bond worth 100 million Canadian dollars to a select group of investors. It collaborated with financial institutions including TD Bank and the Royal Bank of Canada (RBC) for the test. The Samara platform, built on Hyperledger Fabric, managed the entire lifecycle of the bond, including issuance, bidding, interest payments, redemption, and trading.

The "Fear & Greed Index" from crypto data provider Alternative has fallen four points from the previous day to 18, indicating a state of "extreme fear." The index, which shifted from "fear" to "extreme fear" on Jan. 30, has remained in the latter stage since. The metric gauges market sentiment on a scale from 0 (extreme fear) to 100 (extreme optimism). It is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

According to data from crypto options exchange Deribit, Bitcoin options with a notional value of $2.2 billion are set to expire at 8:00 a.m. UTC today, March 6. The put/call ratio for this batch is 1.70, with a max pain price of $69,000. Additionally, Ethereum options worth $397 million will expire at the same time. These options have a put/call ratio of 0.89 and a max pain price of $1,950.

Plume (PLUME), a blockchain focused on regulatory-compliant real-world assets (RWA), announced through its official channels on March 5 that its native RWA revenue-sharing protocol, Nest, has expanded to the Solana (SOL) network. In partnership with Solana ecosystem stablebank Perena, Nest has launched an RWA vault on the network to distribute profits to users from RWA-based lending and credit markets. Nest explained that the goal is to bring tokenized institutional funds to Solana. The expansion utilized the cross-chain interoperability protocol LayerZero (ZRO). Plume and Nest stated they plan to support the expansion of tokenized RWAs across on-chain environments, ensuring they are not confined to a single ecosystem.

JPMorgan has concluded that the U.S. Federal Reserve's rate-cutting cycle is already over, Maeil Business Newspaper reported. According to a report from the Bank of Korea's New York office, JPMorgan recently revised its forecast for the number of Fed rate cuts this year from one to zero. The bank stated that the rate cuts appear to have concluded last December and that inflation is expected to remain above the target level for the time being.

U.S. regulators have clarified that tokenized securities must be subject to the same capital requirements as their traditional counterparts, CoinDesk reported. In a document sent to banks, the U.S. Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) stated that a change in the technology used for a security does not alter its regulatory treatment. The agencies argued that just as the legal rights of a security owner are protected regardless of how the asset is traded, the underlying capital requirements must also be applied consistently. They added that while tokenized assets can be used as financial collateral, they will be subject to the same haircut levels as traditional securities. The regulators also noted that these capital rules will apply regardless of whether a permissioned blockchain is used.

Coinbase announced it has postponed the listing of LMTS to March 6. Trading is scheduled to begin after 5:00 p.m. UTC, provided liquidity conditions are met.

The Solana spot ETF is showing impressive performance despite a drop in the price of SOL, according to Bloomberg analyst Eric Balchunas. He noted that the ETF has attracted a total of $1.5 billion in inflows with almost no outflows, and half of this capital comes from institutional investors. Balchunas also highlighted that when adjusted for market capitalization relative to Bitcoin, the current pace of inflows is twice as fast as that of the Bitcoin ETFs at their launch. He described this as a very impressive achievement, considering that the price of Solana has fallen by 57% since the ETF's debut.

Bitcoin's recent price increase is more akin to a temporary rebound within a bear market, according to an analysis by CryptoQuant senior analyst Julio Moreno, The Block reported. Moreno attributed the recent rebound to improved spot demand, increased interest from U.S. investors, and easing selling pressure from traders and long-term holders. However, he noted that market conditions and technical indicators still point to weakness. Moreno highlighted that CryptoQuant's Bitcoin Bull Score Index is currently at 10 out of 100, which suggests that technical indicators have not yet recovered. He added that if Bitcoin's upward trend continues, the next major resistance zone is likely to be between $79,000 and $90,000. The $79,000 level corresponds to the lower band of traders' on-chain realized price, while $90,000 represents the overall realized price low for traders. Moreno also pointed out that this range acted as a strong resistance level during the rally in January.

A U.S. court has dismissed the lawsuit filed by the Securities and Exchange Commission (SEC) against Tron (TRX) founder Justin Sun, the Tron Foundation, and the BitTorrent Foundation, The Block reported. The U.S. District Court for the Southern District of New York also ordered Rainberry, the developer of the BitTorrent protocol and BTT token, to pay a $10 million civil penalty to the SEC. The SEC initially sued Sun and Tron in March 2023 for fraud and selling unregistered securities but later requested a temporary halt to the lawsuit in February 2025 following a change in the commission's leadership.

Ethereum founder Vitalik Buterin has emphasized that it is time for the community to adopt a bolder and more open-minded approach to its development, while protecting its core principles. He stressed that while core attributes like censorship resistance, open-source principles, privacy, and security must never be compromised, many other existing concepts require fundamental reconsideration. Using the metaphor of tearing off a "suit and tie" to regain the body's natural flexibility and freedom, Buterin argued that for too long, Ethereum has been preoccupied with finding the next incremental step to evolve the existing ecosystem. Instead, he urged the community to focus on the question of what is the most valuable thing to build. He posed thought experiments to guide this new direction: "If you were to rewrite the application section of the 2014 Ethereum whitepaper, what would you write? If the Ethereum network had zero users today, what would be the first app you would propose or build?" Buterin concluded that by contemplating these questions, Ethereum can grow stronger.

The three major U.S. stock indices closed lower today. - S&P 500: -0.57% - Nasdaq: -0.26% - Dow Jones: -1.61%

Solv Protocol (SOLV) has suffered a $2.7 million loss due to an exploit, The Block reported. According to the report, the attack affected around 10 users, and the protocol has announced it will compensate for the loss of 38.0474 SolvBTC.

As of March 5, Bitcoin holdings on centralized exchanges (CEX) dropped below 2,708,000 BTC, the lowest level since November 2018, according to Unfolded.

Ripple Prime has announced it will support trading for Coinbase's cryptocurrency futures products. According to CoinDesk, the offerings include futures contracts for BTC, ETH, SOL, and XRP, which will be available for 24-hour trading by institutional investors. The trades will be cleared through Nodal Clear.

The Dow Jones Industrial Average has extended its intraday losses, falling as much as 2.24%. The Nasdaq Composite is currently down 1.08%, while the S&P 500 has fallen 1.28%.