New York Mellon Bank has announced that it is becoming an early adopter of the lending platform EquiLend 1Source and is receiving a minority equity stake in EquiLend.
March 16th. As per Ledger Insights, BNY (Bank of New York Mellon) declared that it will serve as an early adopter of the lending platform EquiLend 1Source, signifying its increased investment in the securities lending domain. Furthermore, BNY will also acquire a minority ownership stake in EquiLend.
It is reported that EquiLend's 1Source platform employs Distributed Ledger Technology (DLT) and aims to boost the transparency and efficiency of securities lending. The platform's launch is anticipated to revolutionize the traditional securities lending operation by offering users more efficient trading and management tools.
6 minutes ago
Total TON perpetual futures open interest has increased by 62%, now standing at $162.74 million
On March 16th, according to Coinglass data. It is likely that influenced by the news that "Telegram founder Pavel Durov has been permitted to leave France", the total network open interest of TON futures contracts has increased by 62% within the past 24 hours and now stands at $1.6274 billion. An increase in open interest usually indicates larger price fluctuations.
Furthermore, according to HTX market data, TON broke through $3.6 today and is currently trading at $3.44, with a 24-hour gain of 17.12%.
6 minutes ago
「20x Short BTC and ETH Whale」 Took Profit Yesterday, Closing Out a 387.02 BTC Short Position
On March 16th, based on the monitoring of @ai_9684xtpa, the "20x Short Whale of BTC and ETH" partially liquidated their short positions by taking profits. They liquidated 387.02 BTC and withdrew 6 million USDC from Hyperliquid last night. Up to now, a total of 12 million USDC has been withdrawn from Hyperliquid. Among them, 10.6 million USDC was used as collateral and an additional 1.4 million USDC was the profit from partial liquidation, leaving a remaining unrealized profit of 1.83 million USD.
The remaining position has a total size of 11.275 million USD, with the details as follows:
- 20x BTC Short: Position 125.62 BTC, Entry Price $94,371.3, Liquidation Price $105,730;
- 20x ETH Short: Position 365 ETH, Entry Price $2,658, Liquidation Price $9,375.4.
6 minutes ago
North Korean Hackers reportedly used CoinJoin transactions on March 11th to purchase 43.76 billion PEPE coins, worth $3.1 million.
On March 16th, as per the post by on-chain sleuth ZachXBT on his personal channel, a highly reliable investigation into the asset theft of Tornado Cash shows that on March 11, 2025. After using Tornado Cash to complete a coin mixing transaction, a North Korean hacker used a portion of the ETH funds to purchase 437.6 billion PEPE tokens, which amounted to $3.1 million. A more detailed analysis indicates that the North Korean hacker became a victim of an exploit in the Tornado Cash user interface.
In previous news, according to LookOnChain monitoring, 3 wallets made large purchases of 689.79 billion PEPE tokens (with a total value of approximately $4.3 million), and all the funds originated from Tornado Cash.
6 minutes ago
Crypto KOL: WhiteRock appears to be launched by a team with a history of rug pulls, users should be cautious
On March 16th, based on the information from crypto KOL Hebi, it is suspected that the on-chain brokerage project WhiteRock is launched by the ZKasino team. Users are advised to be cautious about security.
The ZKasino had previously pulled a rug on users, with a total of 10,500 ETH (worth more than $30 million at that time).
6 minutes ago
XRP/ETH Exchange Rate Hits New High Since March 2020, XRP Market Cap Exceeds ETH at $238.75 Billion
On March 16th, market data indicates that the exchange rate of XRP/ETH once reached 0.00128 and has now retreated to 0.00123, reaching a new high since March 2020.
Moreover, based on FDV data, the XRP FDV market capitalization is $238.75 billion and the ETH market capitalization is $232.18 billion.
6 minutes ago
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