Usual Community Announcement: Vote on the "Stake Usual DAO Treasury Assets into USUALx" UIP-4 Improvement Proposal
On March 20th, the issuer of RWA stablecoin Usual Community announced the vote for the "Pledge Usual DAO Treasury Assets to USUALx" UIP-4 Improvement Proposal, which will conclude on March 23rd. The proposal involves pledging a certain portion of the treasury-held USUAL (approximately 37.6 million tokens) that belongs to USUALx holders to the USUALx staking contract. Eventually, the principal and any rewards (USD0 and USUAL) from the staking will be reallocated to USUALx holders.
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Scam Sniffer: Detected Fake Microsoft Teams Website Spreading Malware
On March 20th, according to Scam Sniffer, a large number of phishing websites that are disguised as Microsoft Teams are spreading malware. These fake websites may lead to security risks such as data leaks, credential theft, session hijacking, and the theft of funds in digital wallets.
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Japanese Public Company Value Creation: Purchased 8.02 Bitcoins on March 12, with an average price of around $84,000
On March 20th, as per an official announcement, Value Creation, a real estate and digital transformation company listed on the Tokyo Stock Exchange in Japan, declared that it had invested 100 million yen (approximately 673,900 USD) to acquire 8.02 bitcoins. The purchase price was 12,463,333 yen per bitcoin (approximately 84,000 USD).
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Czech National Bank Official Holds "Skeptical Stance" Towards Bitcoin as a Reserve Asset
On March 20th, as reported by Reuters, Jan Kubicek, a board member of the Czech National Bank (CNB), is "doubtful" about including Bitcoin in the bank's large reserve assets. He raised concerns about its legal ambiguity and the volatility of digital currencies. Eva Zamrazilova, the vice president of the Czech National Bank, also expressed that Bitcoin is not a proper reserve asset.
Earlier this year, Ale? Michl, the governor of the Czech National Bank, suggested allocating 5% of its €140 billion reserves to Bitcoin for the purpose of asset diversification.
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Bakkt Appoints Akshay Naheta as Co-CEO and Board Member
On March 20th, the cryptocurrency exchange platform Bakkt appointed Akshay Naheta as Co-CEO and Board Member. Previously, Akshay Naheta held senior management positions at SoftBank Group, where he was responsible for overseeing tech investments in ARM, Auto1, Nvidia, and other companies. After leaving SoftBank, he founded Distributed Technology Research (DTR) with the aim of building the next-generation global payment infrastructure.
In addition, Bakkt and DTR intend to enter into a commercial agreement to integrate DTR's stablecoin-based payment technology infrastructure with Bakkt's cryptocurrency trading and brokerage technology.
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Trump Media & Technology Group Executive Forms New Company, Plans to Raise at Least $179 Million for Acquiring Crypto-Related Businesses
On March 20th, as per Forbes, three executives from Trump Media Technology Group (TMTG) have set up a new Special Purpose Acquisition Company (SPAC). The plan is to raise no less than $179 million to acquire companies in the cryptocurrency, blockchain, or related fields.
This company, named Renatus Tactical Acquisition Corp I, is registered in the Cayman Islands. Its leadership has close connections to Trump Media. The CEO, Eric Swider, is a board member of Trump Media. The chairman, Devin Nunes, also serves as the CEO of Trump Media. The COO, Alexander Cano, has previously served as the president of a company that merged with Trump Media.
According to the documents submitted to the U.S. Securities and Exchange Commission (SEC), Renatus Tactical will focus on cryptocurrency and blockchain, data security, and dual-use military-civilian technology. The company stated in the filings: "The current administration has taken unprecedented measures to integrate digital assets into the national
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