Grayscale recently staked approximately 57,600 ETH through Coinbase within a two-hour period, a transaction valued at around $121.6 million based on current market prices.
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PIP Labs, the company behind Story Protocol, has recently reduced its workforce by approximately 10%, impacting five full-time employees and three contract workers. The company stated that these layoffs are part of a minor personnel adjustment and a strategic shift to focus on AI-related IP infrastructure, specifically concentrating on AI transaction data and AI agent applications. The Story Protocol network is slated for launch in 2025 with its native token, IP. However, the token's price has seen a significant decline of around 86% from its historical peak, according to a report by Decrypt.
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Circle has introduced Circle Skills, an open-source toolkit designed to facilitate the integration of stablecoin functionalities for developers and AI agents on its developer platform. This new tool enables interaction with components such as USDC, EURC, and Arc. It is compatible with AI tools that support skills, including Cursor, Claude Code, and OpenAI Codex, allowing for the generation of integrated code for stablecoin payments, cross-chain transfers, wallet operations, and smart contract logic.
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Eigen Foundation appoints Ajit Tripathi as Executive Director! Tripathi brings deep experience from ConsenSys, Binance, and Aave (launching Aave Arc). He'll drive EigenCloud ecosystem growth. Robert Drost moves to Senior Advisor. A key strategic move for the foundation! #EigenFoundation #DeFi #Web3
MoonPay has integrated Ledger hardware wallet signature functionality into its MoonPay Agents CLI wallet. This enhancement allows users to verify and sign each cryptocurrency transaction generated by AI agents directly on their hardware device, ensuring that private keys remain securely stored on the hardware and are inaccessible to the agents. The feature aims to mitigate security risks associated with automated crypto trading tools.
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Ethereum Foundation unveils new mandate under Vitalik Buterin's guidance. Focus: CROPS (censorship resistance, anti-capture, open-source, privacy, security). Prioritizing protocol-layer decentralization, security, verifiability. Supporting user-centric, privacy-focused apps. Goal: Ethereum as "sanctuary technology" for self-sovereignty & anti-centralization.
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Grayscale's latest report reveals a significant surge in Solana's stablecoin transaction volume, reaching $650 billion in February. This figure more than doubles the previous monthly record and establishes Solana as the leading blockchain for stablecoin activity during the period. The data suggests a shift in network usage, with a growing demand for on-chain payments moving beyond memecoin speculation towards stablecoin transactions and broader payment applications.
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Binance Futures will delist U-margined perpetual contracts for VFYUSDT, 1000WHYUSDT, and BDXNUSDT on March 17 at 17:00 (UTC+8), followed by coin-margined perpetual contracts for ALGOUSD, SANDUSD, ENSUSD, and ATOMUSD on March 18 at 17:00 (UTC+8). These contracts will be automatically liquidated and will cease trading following the liquidation process.
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Bybit rolls out "Bybit AI Skills," an AI Agent toolkit for enhanced crypto trading. Users can now use natural language to interact with over 250 APIs for market data, trading, and account management via their preferred AI assistants. This feature allows for AI-powered trading without exposing API keys, bolstering security. Bybit AI Skills offers one-click integration with features like testnet verification, trade confirmations, large transaction alerts, and API key obfuscation, making AI trading more accessible and paving the way for native AI interaction in crypto trading. #Bybit #AI #Crypto #Trading #Nostr
U.S. personal consumption expenditures (PCE) price index data for January revealed a 0.3% month-over-month increase and a 2.8% year-over-year rise. Core PCE, which excludes volatile food and energy prices, also saw an uptick, climbing 0.4% from the previous month and 3.1% annually. These figures remain above the Federal Reserve's 2% inflation target.
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The Bitcoin Policy Institute (BPI) has released a policy brief highlighting that the current U.S. tax code treats Bitcoin as property. This classification mandates capital gains tax calculations and reporting obligations for every Bitcoin transaction, regardless of its value. The institute is urging Congress to implement a "de minimis" exemption for small transactions. This would grant Bitcoin transactions in everyday commerce similar tax treatment to foreign currency. The BPI also expressed concern that some legislative discussions are focused on exempting only stablecoins, potentially excluding Bitcoin from such relief.
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Sky Protocol, formerly MakerDAO, has approved a proposal to significantly reduce its daily token buyback from $300,000 to $37,600, a decrease of approximately 87%, for a period of three months. This measure is intended to bolster the reserves for its stablecoins, USDS and DAI. Rune Christensen, the founder, cited potential global oil shock risks as the impetus for this strategic adjustment.
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According to Bloomberg, Tether, a prominent stablecoin issuer, is reportedly in discussions with global investors to secure a valuation of approximately $500 billion. The company announced that its profits exceeded $10 billion last year and that it holds roughly $122 billion in U.S. Treasury bonds. Concurrently, Tether is actively expanding its U.S. operations, which includes the upcoming launch of USAT, a stablecoin specifically designed for the American market, alongside increased lobbying and investment activities in Washington D.C.
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Binance has announced the addition of a Monitoring Tag to several cryptocurrencies, including ATA, A2Z, FIO, GTC, NTRN, PHB, QI, and RDNT, effective March 13. This tag is typically applied to tokens exhibiting higher volatility and risk. Projects flagged with this designation may be subject to delisting if they no longer meet listing criteria.
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TRUMP Token Alert: 2.54M tokens (~$8.8M) withdrawn from Binance by 3 new wallets in 12h. Veteran whale DNTpoX also moved 2M TRUMP (~$6.92M) in 6h. Motivations unclear. Large withdrawals by new/established players signal market interest. #TRUMP #crypto #Binance #whale
Ethereum address poisoning attacks are escalating to industrial scale, netting over $79M. Since the Fusaka upgrade, "dust" transfers (small, often valueless transactions) have surged 612%. Between July 2022 & June 2024, 17 million poisoning attempts were recorded, causing over $79.3M in confirmed losses. Attackers use automated systems to create convincing counterfeit addresses and pollute transaction histories. While individual success rates are low (0.01%), high volume enables significant gains. This highlights growing sophistication in blockchain fraud, demanding better security & user vigilance on Ethereum.
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MetaComp, a Singapore-based stablecoin firm for cross-border payments, closed its Pre-A+ funding round. Total Pre-A capital raised: $35M in 3 months. Investors included Alibaba & Spark Venture. Funds will expand StableX Network in Asia, Middle East, Africa, Latin America, and boost AI strategy (Agent-Skills-MCP architecture). Previously raised $22M in Dec from Eastern Bell Capital & Noah Holdings.
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๐จ #ClawHub users warned of #GitHub credential theft risk! Attackers exploit GitHub's "one-click login" after Sha1-Hulud worm incident. Stolen credentials could lead to unauthorized access, enabling malicious "Skills" with backdoors. Downloading compromised Skills risks code execution & system intrusion. Stay vigilant! #cybersecurity #infosec
According to SoSoValue data, Bitcoin spot ETFs experienced a net inflow of $53.8681 million on March 12 (Eastern Time), marking the fourth consecutive day of net inflows. Ethereum spot ETFs also saw a net inflow of $72.3677 million, continuing a three-day streak of positive net flows.
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Vitalik Buterin disagrees with Future of Life Institute (FLI) on superintelligence risk. He donated SHIB tokens to FLI in 2021, expecting $10-25M. FLI liquidated them for ~$500M. Buterin is concerned FLI now focuses on political lobbying and administrative controls like potential open-source AI bans, arguing this centralizes power and is fragile. He reaffirms his "defense against the-danger-of-superintelligence" (d/acc) philosophy, advocating for societal resilience through open-source secure hardware, verifiable software, and bio-defense, seeing this as more robust than solely relying on political oversight.
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