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Binance: Two Anti-Money Laundering Lawsuits Against Binance Dismissed by U.S. Court Last Week

2 hours ago

March 12 — Binance said in an official social media post last week that the U.S. District Courts for the Southern District of New York and Northern District of Alabama have dismissed separate anti-terrorism lawsuits filed by hundreds of plaintiffs against Binance and its founder CZ (Zhao Changpeng). The courts reaffirmed the legal standards required to bring such serious allegations. Binance also retweeted a public statement from the Democratic side of the U.S. House Committee on Foreign Affairs. That statement had previously noted Binance’s 2023 acknowledgment of violating Iran sanctions, its facing of money laundering charges, and former President Trump’s pardon of Zhao Changpeng. In its own statement, Binance emphasized it will continue to comply with sanction enforcement laws and looks forward to working with both political parties.
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BlackRock deposits 566 BTC and 7552 ETH into Coinbase.

March 12 — Per Onchain Lens monitoring, BlackRock has transferred 566.88 BTC (≈$39.64M) and 7,552 ETH (≈$15.52M) to Coinbase just 20 minutes ago, with potential for additional deposits.

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Wallet provider Exodus expects to reach a net loss of $11 million by 2025

On March 12, wallet provider Exodus Movement, Inc. reported a full-year net loss of $11.4 million for 2025—down from a net profit of $113 million in 2024, per official sources. Despite posting record annual revenue of $1.216 billion (a 5% year-over-year increase), the company ended the year in the red. The revenue milestone was driven by growth in its enterprise-to-enterprise product, XO Swap. Exodus noted its full-year swap trading volume rose 21% to $68.9 billion, accounting for 19% of its fourth-quarter revenue. Key drivers of the loss included a $18.9 million net loss on digital assets in 2025—compared to a $96.1 million profit from digital assets in 2024. Operating expenses also jumped sharply: technology, development, and user support costs rose 37% to $62.9 million, while general and administrative (G&A) expenses surged 68% to $66.3 million. The cryptocurrency market downturn weighed on Q4 performance: revenue fell 34% from $44.8 million in Q4 2024 to $29.5 million in Q

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GoPlus: Among the Top 100 Skills in the ClawHub ecosystem, 21% have clearly high-risk operations

On March 12, GoPlus published a social media report detailing a full security scan of the top 100 high-frequency download Skills in the ClawHub ecosystem. The scan found 21 (21%) of the Skills were blocked, while 17 (17%) were flagged as requiring a warning. GoPlus emphasized that the 21% of blocked Skills involve clear high-risk operations—including direct network penetration, sensitive API calls, and automated messaging. For these, the firm recommends mandatory implementation of a Human-in-the-Loop (HITL) human confirmation mechanism to manually review risky behaviors before execution. The 17% of warned Skills carry moderate risks; users are advised to exercise caution when running them. For those with high security requirements, manual confirmation is also recommended.

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Iran Claims Attack on U.S. Oil Tanker in the Strait of Hormuz

March 12th: Iran claimed to have attacked a U.S. oil tanker in the Strait of Hormuz, per market reports (FXStreet).

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Israel: IDF has received instructions to expand operation in Lebanon

March 12: Israeli Defense Minister Benny Gantz says the Israel Defense Forces (IDF) have been instructed to prepare for an expanded operation in Lebanon. (Forex)

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Preview: The US Department of Labor will release the latest employment data tonight at 8:30 PM

**March 12: U.S. Labor Department to Release Initial Jobless Claims Data** The report, covering the week ended March 7, will be published at 7:30 AM U.S. Eastern Time (8:30 PM Beijing Time tonight) and may trigger market volatility. ### Notes on American English Adaptation: 1. **Time Localization**: Swapped Beijing Time for **U.S. Eastern Time** (EST/EDT) — the standard reference for U.S. economic data releases (aligns with Wall Street’s trading hours). 2. **Conciseness**: Used "Labor Department" (common shorthand for "Department of Labor") and dropped redundant articles for brevity (typical of news alerts). 3. **Vocabulary**: "Trigger" (vs. "cause") and "spark" (alternate option) are more active, newsworthy verbs for market impact. 4. **Structure**: Led with the key event first, then context (data period, time, impact) — matches U.S. media’s priority for actionable information. If you prefer to keep Beijing Time as the primary time (per original context but note U.S. time

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