Bloomberg: U.S. Prosecutors Argue SBF's Extradition Challenge Should Be Denied

On March 12, data from DefiLlama indicates that Hyperliquid (which supports USDC and USDT) has recorded cross-chain assets exceeding $45.07 billion. Over the past 24 hours, the platform’s annualized trading fees have reached $747 million, and its total perpetual contract trading volume in the last 30 days has hit $1.7823 trillion. Per market data from HTX, HYPE is currently trading at $37.14, posting a 7.33% gain in the 24-hour period.

March 12: X user SnowShadow alleged that Tencent’s AI skills community SkillHub plans to crawl all skills from OpenClaw’s official plugin hub ClawHub and import them onto its platform. OpenClaw founder Peter Steinberger responded: “I once got an email from someone who complained the rate limit was slowing their scraping down. They were scraping content without contributing anything to the project, hoping Tencent would step in so server costs wouldn’t skyrocket into five figures.”

On March 12, Onchain Lens data shows a whale deposited 1.82 million USDC into Hyperliquid and upped its 1x leveraged short position in CL (WTI Crude Oil Perpetual Contracts). Additionally, the whale holds a 1x leveraged long position in EWY (South Korea ETF).

March 12 — Per HyperInsight monitoring (https://t.me/HyperInsight), following the International Energy Agency’s (IEA) announcement of its largest-ever emergency oil reserve release (400 million barrels), the "U.S.-Brent Oil Air Force" address (0x985f...) has been rolling over and adding to its BRENTOIL (Brent Crude) short position since 10 p.m. ET last night. To date, it has accumulated 84,400+ additional contracts, with a total value of roughly $8.2 million. After this round of continuous accumulation, the address’s 20x-leveraged BRENTOIL short position now totals $20.5 million, at an average entry price of $91.8. It has become the largest on-chain BRENTOIL short position. Currently, the position is in a floating loss of $1 million (-8%), with a liquidation price of $148. The same address also holds a $14.2 million short position in CL (WTI Crude), at an average entry price of $87.9 — also in a floating loss. Combined, the two oil short positions exceed $34 million, as the addre

On March 12, Bithumb announced via an official statement that it will list the CYS/KRW trading pair.

March 12 — CoinTelegraph reports that Sarah Breeden, Deputy Governor of the Bank of England, testified before the UK Parliament’s Financial Services Regulatory Committee, saying the central bank is open to methods for managing stablecoin risks and not restricted to imposing holding limits. Breeden noted the proposed holding limits aim to prevent a massive inflow of bank deposits into stablecoins, which could potentially curtail lending and reduce credit access for businesses and households. She stated: “We’re absolutely open to other ways to hit that goal. I believe you’ve also heard others note during the inquiry that this credit supply risk is a real concern.”