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Paraguay's National Power Company Aims to Use Seized Mining Rigs to Launch Government-Led Bitcoin Mining Project

2 hours ago

March 4 — Paraguay’s national power utility ANDE has signed a Memorandum of Understanding (MoU) with crypto infrastructure firm Morphware to launch the country’s first government-led Bitcoin mining pilot project, using confiscated mining rigs. Initially, roughly 1,500 seized rigs will be deployed, leveraging the nation’s surplus hydropower for compliant mining operations. Under the terms of the agreement, ANDE will own and oversee the mining farm, while Morphware provides technical and operational support. For the mined Bitcoin, the government is weighing selling the tokens for public spending or holding a portion via financial instruments. (Source: BitcoinMagazine)
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A Whale Entered a $5.59M BTC and ETH Position 10 Hours Ago

On March 4, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the address 0x7c7…1F7e6 accumulated $5.59 million worth of WBTC and ETH 10 hours earlier. During last night’s market rebound, the address bought 1,481.67 ETH in a single on-chain transaction (average price: $1,995) and 37.62 WBTC (average price: $67,604). The assets have since been transferred to address 0x0EA…34a54.

19 minutes ago

US CFTC Chairman: Prepared to Implement the CLARITY Act During Trump's Term

On March 4, CFTC Chair Mike Selig reiterated his call for quick passage of the CLARITY Act in a post on X. He noted President Trump’s stance in support of the bill is correct, and establishing a forward-looking digital asset market structure is critical. The CFTC is prepared to implement the legislation during Trump’s term, viewing it as a key pillar in securing U.S. leadership in global innovation. “Now is the time to act.” Selig also disclosed the CFTC will set clearer standards for self-certified prediction market types, and plans to soon release a high-level Advance Notice of Proposed Rulemaking (ANPRM) to lay groundwork for more comprehensive prediction market rules.

19 minutes ago

Bitcoin Mining Hosting and Cloud Service Company Applied Digital Completes $2.15 Billion Bond Financing

March 4th — Bloomberg reports that Applied Digital, a Bitcoin mining hosting and cloud services firm, has secured $2.15 billion in bond financing to construct its Polaris Forge 2 AI data center campus in Harwood, North Dakota. The facility has been leased to Oracle. Applied Digital previously noted the project is expected to generate roughly $5 billion in revenue over the roughly 15-year contract term.

19 minutes ago

Korean Stock Market Halts Trading for Second Consecutive Day, Long Position Address Nearing Liquidation

March 4: Per LookOnChain data, the Korean stock market plunged two straight days, triggering a circuit breaker. A crypto address took a 20x long position on the Korean ETF (EWY) at an entry price of $127.03 — peaking with $626,280 in unrealized profit, it now faces a $4,363,590 loss and is approaching its liquidation price of $115.07.

19 minutes ago

Two major highly correlated WTI crude oil short whales took profit and exited, with a position return of approximately 12%.

March 4th — Per data from Coinbob Popular Address Monitoring, two highly correlated addresses on Hyperliquid simultaneously liquidated their long positions in xyz:CL (WTI Crude Oil Futures Mapping Contract) last night, with an average exit price of ~$74. Previously, the pair held positions worth over $3.2 million, with an average entry price of ~$70. Using 2-3x leverage, they yielded ~12% returns. These two whale addresses (0x1de and 0xb58) share similar holding patterns and on-chain transfer histories, and had accurately positioned for long trades well ahead of Iran’s announcement banning ships from passing through the Strait of Hormuz—a key crude oil shipping lane.

19 minutes ago

Binance Alpha Lists Alibaba and Palantir Stock Tokens

On March 4th, Binance Alpha has listed stock tokens for Alibaba and Palantir, per information from relevant pages.

19 minutes ago

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