Arbitrum Announces the Launch of Studio Chain with the Karrat Foundation
according to Arbitrum's announcement on the X platform, the Karrat Foundation will jointly launch Studio Chain with Arbitrum. At the same time, the Karrat Foundation has also reached a strategic partnership with the Arbitrum Foundation. It is reported that the blockchain is planned to focus on the gaming market, and will integrate the Karrat native token into the Studio Chain ecosystem.
2025-03-14 11:03:58
Russian law enforcement seizes illegal crypto mining farm at Siberian orphanage
the Bokhan District Prosecutor's Office in the Irkutsk Oblast found an illegal cryptocurrency mining farm in a three-story orphanage in the Kazaqiye village, confiscating 96 mining devices. The building was originally an educational institution but has since been closed. A non-profit organization operated the mining farm without permission, violating electricity and fire safety regulations, failing to maintain the equipment, and not installing a fire alarm system. The court ruled to dismantle all mining equipment and cease the illegal use of the land, and the prosecutor's office has filed administrative lawsuits against the organization's leader. Irkutsk Oblast, attracted by low electricity prices and cold climate, has drawn a large number of miners. Despite the government's plan to completely ban mining by 2031, illegal mining farms continue to appear in various buildings, becoming a key target for crackdown.
2025-03-14 11:03:56
US court approves Three Arrows Capital’s $1.53 billion claim against FTX
according to Decrypt, the U.S. bankruptcy court has approved the liquidator of the hedge fund Three Arrows Capital (3AC) to increase the claim amount against FTX to 1.53 billion US dollars, rejecting FTX debtor's objections, who believe this move is untimely and unfair.
2025-03-14 11:03:55
Ark Invest Announces ARKW, ARKK and ARKF to be Listed on Cboe BZX Exchange
ARK Investment Management announced that it will change the main listing location of its three innovative exchange-traded funds ARKW, ARKK, and ARKF from NYSE Arca to the Chicago Options Exchange Cboe BZX Exchange. These three funds are expected to trade on March 26 under their current stock codes. According to data from early March, Coinbase is currently the sixth largest holding in the ARKW fund, accounting for 6% and with a market value of approximately $99.01 million; Bitcoin ETF remains the largest holding in the ARKB fund, with a market value of approximately $169.8 million.
2025-03-14 11:03:54
US spot Ethereum ETF had a net outflow of $73.82 million yesterday
according to Trader T monitoring, the net outflow of the US spot Ethereum ETF was $73.82 million yesterday.
2025-03-14 10:04:34
Chaos Labs releases Chaos AI, a crypto research tool
On March 14th, Chaos Labs, a blockchain risk analysis platform, released the encrypted research tool Chaos AI. The official statement said that Chaos AI, based on proprietary data from trillions of transactions over the years, can transform scattered market data into institutional-level financial intelligence. Unlike general inference models, Chaos AI is specifically built for encryption, trained on public and private encryption datasets, integrated with the Chaos Labs knowledge base, and enhanced through RAG's proxy tools.
2025-03-14 10:04:32
Spot gold hits $2,990/ounce, setting a new all-time high
spot gold touched $2990 per ounce, hitting a new historical high, with a 0.04% increase during the day.
2025-03-14 10:04:30
Solayer (LAYER) surpassed EigenLayer (EIGEN) in market value, with a seven-day increase of 50.94%
according to CoinMarket Cap data, Solayer (LAYER) has surpassed EigenLayer (EIGEN) in market value, becoming the 153rd largest cryptocurrency by market value.
2025-03-14 10:04:28
US spot Bitcoin ETFs saw a net outflow of $133.15 million yesterday
according to Trader T monitoring, the net outflow of the US spot Bitcoin ETF was $133.15 million yesterday.
2025-03-14 10:04:27
JPMorgan Chase updates ratings of listed Bitcoin mining companies: some are adjusted back to neutral, and target prices of stocks of several companies are lowered
JPMorgan Chase announced updates to the Bitcoin mining company ratings and stock price targets based on the fourth quarter performance report for 2024, including:
2025-03-14 10:04:27
The US government wallet address transferred thousands of dollars of AVAX tokens 9 hours ago
according to Arkham monitoring data, the US government wallet address transferred about 298.937 AVAX (worth about $5,480) to a new wallet in the past 9 hours, with another small transfer of 0.546 AVAX (about $9.99).
2025-03-14 10:04:25
ZKsync announces cancellation of second season of Ignite incentive program
ZKsync officially announced the cancellation of the second season of the incentive plan Ignite, and will gradually terminate the plan by closing the rewards of the 6th period of the first season starting from March 17. ZKsync explained that the market is currently in a bear market environment. Like other ecosystems, ZKsync has decided to take a more conservative approach to expenses in the medium and short term to cope with the constantly changing market conditions. All remaining rewards will be distributed as planned by Monday, March 17, 2025. After the distribution is completed, there are no plans to provide new incentives or rewards.
2025-03-14 10:04:25
Analyst: Ethereum is repeating the 2019 market cycle, ETH/BTC needs monetary policy changes to bottom out
cryptocurrency analyst Benjamin Cowen recently stated that Ethereum (ETH) will have to go through a "painful period" before rebounding, with its current trend repeating the pattern of the 2019 market cycle.
2025-03-14 10:04:23
Barclays: The Fed is expected to cut interest rates by 25 basis points in June and September this year
Barclays stated that it is expected that the Federal Reserve will cut interest rates by 25 basis points in June and September this year, while the previous forecast was for a rate cut in June.
2025-03-13 20:17:01
Türkiye introduces new rules to strengthen cryptocurrency regulation
Turkey is advancing cryptocurrency regulation, with new rules being developed for Cryptocurrency Asset Service Providers (CASPs). On March 13, the Capital Markets Board of Turkey (CMB) issued two regulatory documents regarding the licensing and operation of CASPs, covering cryptocurrency exchanges, custodians, and wallet service providers. This regulatory framework grants the CMB comprehensive oversight of cryptocurrency platforms to ensure compliance with domestic and international standards. Additionally, the framework establishes standards and requirements for setting up and providing cryptocurrency services in Turkey, including registered capital, management backgrounds, shareholder rules, etc.
2025-03-13 20:17:00
Turkey Introduces Stricter Regulations for Crypto Asset Service Providers
Turkey has introduced new regulations for crypto asset service providers (CASPs), including crypto exchanges, custodians, and wallet service providers. The Capital Markets Board (CMB) of Türkiye published two regulatory documents on March 13 to oversee the licensing and operations of CASPs, ensuring compliance with national and international standards. The regulations set standards for establishing and providing crypto asset services in Turkey, such as establishment capital, executive history, and shareholder rules. CASPs will need to invest in compliance infrastructure and meet stringent reporting requirements under the new framework. Turkey's crypto regulations align with global standards and draw inspiration from regulatory approaches in Europe and the US, targeting stricter trading requirements and potential stablecoin restrictions for Turkish investors.
2025-03-13 20:16:58
Cboe applies to SEC for physical redemption of Invesco Galaxy Bitcoin and Ethereum ETFs
On March 13th, according to Decrypt, Cboe BZX Exchange has submitted a proposed rule change on behalf of Invesco Galaxy to the U.S. Securities and Exchange Commission (SEC), aiming to allow its physical Bitcoin ETF and Ethereum ETF to create and redeem shares in-kind. In-kind redemption and creation allow for the direct exchange of the ETF's underlying assets (Bitcoin or Ethereum) with ETF shares, bypassing the need for cash. This approach eliminates the need for participants to sell the underlying cryptocurrency to create shares, reduces bid-ask spreads, and avoids additional brokerage commissions.
2025-03-13 20:16:54
D-Wave announces new quantum computing breakthrough
D-Wave, a quantum computing company, announced that its annealing quantum computer has surpassed one of the world's most powerful traditional supercomputers in solving complex magnetic material simulation problems, marking a significant breakthrough for quantum computing in real-world problems.
2025-03-13 20:16:52
Tencent reportedly purchases billions of yuan worth of H20 chips from Nvidia
Tencent is accelerating the advancement of large-scale model applications. It was learned by reporters recently that Tencent has recently purchased a batch of new chips from NVIDIA. In order to deliver the order to Tencent on time, there has been a short-term shortage of NVIDIA H20 chips. A source close to NVIDIA stated that the amount of this order from Tencent is approximately tens of billions. As of now, Tencent has not responded to this. An Alibaba Cloud source told reporters that, to his knowledge, Tencent has purchased a large quantity of H20 chips in the short term mainly to meet the demand for WeChat's integration with DeepSeek.
2025-03-13 19:05:28
The three major U.S. stock index futures all turned positive
the futures of the three major U.S. stock indexes have all turned higher, after the Nasdaq 100 index futures fell nearly 1% earlier.
2025-03-13 19:05:25