News

A wallet associated with the ZKasino project suffered a $27.1 million loss due to the liquidation of a 20x leveraged Ethereum futures position, according to analysts at Onchain Lens.

The FDUSD stablecoin temporarily lost its peg to the dollar after Justin Sun made a statement about First Digital Trust (FDT)’s financial problems. According to CoinDesk, the organization that manages FDUSD reserves suffered a $456 million deficit by sending funds to an uncontrolled fund in Dubai instead of an approved fund in the Cayman Islands.

Financial institutions in Europe are not yet ready to meet the growing interest in cryptocurrencies. Over 40% of business investors already hold crypto assets, and another 18% plan to buy them. However, only 19% of banks believe that customers are actually interested in such products. This indicates a 30% gap between real demand and its perception by financial institutions.

Journalist Colin Wu reported a possible violation of Binance’s investment policy. Binance Wallet BD employee Freddy Ng may have earned more than $113,000 from selling UUU tokens, according to BscScan, with another $200,000 remaining in unrealized profits.

In 2024, Tether purchased US Treasury bonds worth $33.1 billion, ranking seventh in the world by this indicator. The company’s CEO Paolo Ardoino noted that the actual volume of assets may be higher, since a significant part of the investments goes through hedge fund jurisdictions.

The Ethereum network records its lowest level of activity in 2025. The number of active addresses per day has dropped to 361,078, and new wallets to 86,539, indicating a decline in user interest.

DeFi platform World Liberty Financial (WLFI), associated with the family of US President Donald Trump, has acquired 541,242 SEI for 100,000 USDC at a price of $0.185. In total, the organization now holds 1.089 million SEI worth $207,000 on its balance sheet.

From March 3 to March 7, $919.22 million was withdrawn from Bitcoin and Ethereum spot ETFs, SoSoValue reports. Bitcoin funds lost $799.39 million, Ethereum ETFs — $119.83 million.

USDC stablecoin has received exclusive status in Japan — it has been recognized as the first and only stablecoin approved for use in the country, Circle CEO Jeremy Allaire reported.

Bitwise Asset Management has filed to create an exchange-traded fund (ETF) based on Aptos (APT). The company has registered a trust in Delaware, the first step towards launching the product.