Tether minted another 1B $USDT on #Tron 6 hours ago.

On March 12, Bloomberg reported that U.S. prosecutors are urging a judge to reject FTX co-founder Sam Bankman-Fried’s request for a retrial, arguing he has failed to prove his conviction was unjust. SBF is currently serving a 25-year prison sentence, which was imposed in 2023 after a jury found him guilty of fraud and conspiracy in connection with the collapse of the FTX cryptocurrency exchange.

March 12: LookOnChain data shows the "On-Chain Crude Oil Max Short" whale is currently facing a $2.93 million loss. The whale is closing a portion of its position to mitigate losses, with the new position’s liquidation price set at $111.85.

March 12, U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig stated on the All-In Podcast that his core goals include shaping transformative policies for emerging technologies and financial products—with cryptocurrency regulation a top priority. Selig noted ongoing legislative efforts with David Sacks to pass a bill that would grant the CFTC broad regulatory authority over the crypto spot market, calling the legislation a "critical step" the agency is ready to implement once signed by the President. Another agenda item is modernizing rules for on-chain systems, blockchain networks, and digital assets—including forward-looking regulations to adapt to innovations like artificial intelligence (AI). "Our regulatory framework still needs significant updates to accommodate these advances," he said. The CFTC is also partnering with the SEC to draft a memorandum of understanding (MOU) to share information, coordinate on specific issues, and avoid future turf wars. Cl

On March 12, bonk.fun founder Tom posted a message on social media, stating: "Avoid using the bonkfun domain until further notice. A hacker has compromised a team account and embedded a fund-draining program on the domain."

March 12: BitMEX co-founder Arthur Hayes is again touting that the price is set to break out to the upside, with a $150 target price. Per HTX market data, HYPE is currently trading at $36.02, up 4.93% over the past 24 hours.

**SEC Chair Paul Atkins on DLT, T+0 Settlement, and Regulatory Alignment** On March 12, during an appearance on the *All-In Podcast*, U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins noted: “From my view, Distributed Ledger Technology (DLT) holds significant potential benefits for financial services—and we’re at a critical juncture to achieve T+0 settlement: almost real-time delivery-versus-payment, even with on-chain digital assets. This is very exciting. To mitigate fraud risks, we may need to implement ‘speed bumps.’” Challenges remain, including liquidity issues. One open question: How does the “best bid and offer” concept apply in this new system? **Core Principle**: If an asset is fundamentally a security, tokenization does not change that—federal securities laws still apply. But regulators must ensure rules align with new practical use cases. As trading purposes and settlement methods evolve, we need corresponding framework adjustments to fit the tech e