BSC Chinese Meme Coin 'Lobster' Market Cap briefly surpasses $27 million, surging 30% in 1 hour

On March 12, Cointelegraph reported that the Financial Action Task Force (FATF) — the global anti-money laundering watchdog — said regulatory loopholes for offshore crypto firms are enabling fraud, money laundering and terrorist financing.

On March 12, BitMEX co-founder Arthur Hayes shared in a post that Bitcoin has risen 7% since US-Iran tensions flared on February 28, outperforming gold (down 2%) and the Nasdaq 100 Index (down 0.5%). Amid surging oil and energy prices, Bitcoin has led comparable high-risk assets in performance.

On March 12, Fortune reported that crypto accounting startup Cryptio has closed a $45 million Series B funding round. The round was led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, and Ledger Cathay Capital. Cryptio’s software enables clients to track their digital asset holdings and their locations, manage crypto loans, and monitor other blockchain-related assets. Cryptio founder and CEO Antoine Scalia declined to disclose the specific valuation tied to this funding round.

On March 12, **The Block** reported that Pump.fun has become the first platform on Solana to surpass $1 billion in cumulative revenue since its launch in early 2024. DefiLlama data shows the platform’s revenue breakdown: - 2024: $321.3 million - 2025: $664 million - 2026 to date: $98.3 million For context, Solana ecosystem peers have far lower cumulative revenue: - Decentralized trading aggregator Jupiter: $401.3 million - Automated market maker Raydium: $126.9 million ### Repurchase Update Pump.fun currently uses nearly all protocol revenue to buy back its PUMP token: - March 11: ~$1.25 million buyback (99.93% of the prior day’s revenue) - Program total: ~$323.4 million in PUMP (28.8% of circulating supply) ### Cross-Chain Clues Solana Floor data notes public domain records show Pump.fun has subdomains pointing to Ethereum, Base, BSC, and Monad. The platform also removed Solana as its listed location in its **X (formerly Twitter)** profile.

As of March 12, data from DefiLlama reveals the following updates on the on-chain perpetual DEX (Perp DEX) market: While the overall 24-hour trading volume continues to decline, open interest remains elevated, and leveraged funds have not exited significantly. Notably, Hyperliquid’s position size has rebounded to a recent high. Below is the top Perp DEX ranking by 24-hour trading volume: - **Hyperliquid** (https://app.hyperliquid.xyz/join/NTOD): ~$64.8B 24h volume | ~$64.1B open interest - **Aster** (https://www.asterdex.com/en-US/referral/aboter): ~$24.3B 24h volume | ~$19.4B open interest - **EdgeX**: ~$19.6B 24h volume | ~$10.8B open interest - **Lighter** (https://app.lighter.xyz/?referral=70045843): ~$18.6B 24h volume | ~$6.76B open interest - **Grvt**: ~$15.0B 24h volume | ~$4.91B open interest - **Pacifica** (https://app.pacifica.fi/?referral=pacbot): ~$4.54B 24h volume | ~$67.83M open interest

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.