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Hanwha Financial Group to Partner with Standard Chartered for Exploring Stablecoin and Other Digital Asset Businesses

2 hours ago

On March 16, South Korea’s Hana Financial Group—a major financial conglomerate—signed a Memorandum of Understanding (MOU) with Standard Chartered Group. The pair will partner on digital asset initiatives, including joint digital finance projects like stablecoins. Multiple South Korean media outlets report the pair aims to tap their global networks and fintech capabilities to explore new growth avenues bridging traditional and digital finance. Hana Financial Group Chairman Ham Young-joo noted the collaboration will carve out new growth opportunities in digital assets and the future of finance. Both firms have ramped up digital asset efforts in recent years. In 2023, Hana Bank partnered with crypto custody firm BitGo to build cryptocurrency custody services. In 2024, they co-founded BitGo Korea with SK Telecom, with Hana Group holding a 25% stake. Financial data shows Hana Financial Group posted a record net profit of over 40 trillion South Korean won (roughly $26.7 billion) in 2025. Standard Chartered, meanwhile, launched Bitcoin and Ethereum spot trading for institutional clients that year and rolled out digital asset custody services in Europe and Asia. Additionally, Standard Chartered Bank is poised to be among the first firms to secure a Hong Kong stablecoin issuance license.
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A whale added $2 million in collateral to their ETH short position, facing a unrealized loss of over $3.2 million

March 16 — Per OnchainLens data, a whale with address 0x218 deposited 2 million USDC into HyperLiquid over the past 10 hours to avoid liquidation on its 10x-leveraged ETH short position. The position totals 15,217 ETH (roughly $34 million in value) and currently has an unrealized loss of $3.288 million. However, the whale still holds accumulated profits of over $8.5 million overall.

4 minutes ago

Binance will list Centrifuge (CFG) and apply Seed Label

Per an official announcement on March 16, Binance will list Centrifuge (CFG) and assign a "Seed round" tag.

4 minutes ago

「Silverback Army」 opened a $6.9 million silver short position over the weekend, with unrealized gains from the pre-market silver dip already reaching 91%.

March 16 — Per data from Coinbob Popular Address Monitoring, silver prices on Hyperliquid plummeted to $77.1 ahead of the U.S. stock market open. The whale address “Silver Iron Head Air Force” (0x61ce) saw its unrealized profits on a silver short position climb to $310,000 (a 90% gain). The short was opened on March 14, with the whale holding a 20x-leveraged silver short at an average entry price of $80.76, a position size of $6.9 million, and a liquidation price of $136. Previously, this whale was among the largest on-chain silver shorts with a $35 million position. It was forced to close that position during silver’s sharp rally in January and now holds an equivalent-sized long position in BTC.

4 minutes ago

A Whale Acquires $4 Million Worth of Altcoins, including BNB, AAVE, ETH, and other tokens

March 16th — Per OnchainLens monitoring, a whale address has again withdrawn assets from Binance, including: - 1,140 BNB (≈ $770,800) - 12,883 AAVE (≈ $1.53 million) - 545 ETH (≈ $1.23 million) - 62,898 LINK (≈ $604,600) The whale’s current holdings are as follows: - 23,683 AAVE (≈ $2.82 million) - 1,005 ETH (≈ $2.26 million) - 51,190 HYPE (≈ $2.01 million) - 2,090 BNB (≈ $2.01 million) - 115,889 LINK (≈ $1.11 million) - 7.85 million ENA (≈ $918,300) Address: 0xbfa7b56529bfc010ea4d0b98280e18d4cc5b45d0

4 minutes ago

A whale has gone long on EUR/USDC with a $1 million position, betting on a weakening dollar amid expectations of a Fed rate cut

**March 16 – Per HyperInsight monitoring, a whale wallet (starting with 0x133) opened a EUR/USDC long position on March 12 with 34x leverage, totaling ~$1.04M in position size. The average entry price was $1.148, and the position now faces ~10% unrealized loss.** From a macro standpoint, the long bet may stem from two key signals: U.S. February non-farm payrolls dropped by ~92k, while the unemployment rate ticked up slightly to 4.4% – pointing to a cooling labor market. Meanwhile, February CPI rose ~2.4% year-over-year, leading some to believe inflation has not rebounded. However, escalating U.S.-Iran geopolitical tensions have significantly slowed the Fed’s pace of rate cuts. The whale’s heavy investment now likely reflects a bet on marginal easing or de-escalation of the conflict. Markets are now turning their focus to the Fed’s interest rate decision, due early March 19.

4 minutes ago

Spot Silver Plunges Over 3% Intraday, Breaks Below $78/oz

On March 16, spot silver slipped below $28 per ounce for the first time since March 3, posting a 3.27% intraday drop, according to Bitget market data.

4 minutes ago