Lookonchain APP

App Store

BitMine: Happy to announce acquisition of Ethereum Foundation's ETH at a negotiated price, will continue to hodl ETH

2 hours ago

On March 15, Ethereum treasury firm BitMine announced it has acquired ETH from the Ethereum Foundation at a mutually agreed price to support its operations, adding it will continue accumulating ETH. Earlier reports confirmed the Ethereum Foundation has finalized an over-the-counter (OTC) transaction for 5,000 ETH, with an average price of $2,042.96 per token—totaling approximately $10.22 million. The OTC counterparty is BitMine, Ethereum’s largest treasury company. Proceeds from the sale will fund the Foundation’s core work, including protocol development, ecosystem expansion, and community grant programs.
Relevant content

OKX Clarification: Wuhan Anjun Technology Attack Incident is Not a Security Vulnerability of OKX Web3 Wallet

On March 15, OKX founder and CEO Star addressed the "hacker attack incident by the Wuhan Anjun Technology team exploiting plugin vulnerabilities." He clarified two key points: 1. The incident does **not** stem from a security vulnerability in the OKX Web3 Wallet. Instead, hackers compromised users’ devices via trojan horse software, tampered with webpage JS code to implant malicious hooks, or monitored keyboard inputs to steal locally stored encryption files and passwords. 2. The OKX Web3 Wallet is a **fully self-hosted wallet**—private keys and passwords only reside on the user’s own device, and OKX has no access to or control over user assets. If a user’s device is already compromised, no wallet (including MetaMask) can guarantee security; this is analogous to a thief being able to operate your computer and view all your keyboard inputs. Users are advised to: avoid installing software/plugins from unknown sources, regularly check devices for security risks, and safeguard the

5 minutes ago

South Korea to Review Penalty on Bithumb, Fine Could Exceed Upbit's 35.2 Billion KRW Fine

March 15 — South Korean cryptocurrency exchange Bithumb has received a pre-notice from the Financial Intelligence Unit (FIU) that it faces a 6-month partial business suspension for violating anti-money laundering (AML) obligations under the Specific Financial Information Act, along with a CEO accountability warning. South Korean financial authorities will convene an AML sanctions review committee on March 16 to finalize the penalty. The expected penalty would exceed the prior enforcement against Upbit operator Dunamu, which was fined 35.2 billion South Korean won and ordered a 3-month partial suspension for similar violations. Due to Bithumb’s larger scale of non-compliance, the industry widely predicts its fine will set a historic high. Bithumb noted it is currently in the pre-notification phase and will fully detail its improvement efforts through subsequent formal procedures.

5 minutes ago

There is only a 1.9% probability of a 25 basis point rate cut by the Federal Reserve in March.

The Federal Reserve will announce its interest rate decision next Thursday, March 15, at 2:00 ET. Per CME’s FedWatch Tool: - March meeting: 1.9% probability of a 25-basis-point rate cut; 98.1% probability of no policy change. - By April: 0.1% chance of a cumulative 50-basis-point cut; 5.8% chance of a cumulative 25-basis-point cut; 94.1% chance of no change.

5 minutes ago

ShapeShift founder has spent 17.75 million USDT over the past 5 days to buy 8576 ETH

As of March 15, LookOnChain monitoring shows ShapeShift founder Erik Voorhees has spent 17.75 million USDT over the past five days to purchase 8,576 ETH at an average price of $2,069. One year ago, he sold 12,886 ETH at an average of $3,324, netting approximately $42.83 million. He currently holds 26.77 million USDT and may continue to increase his ETH holdings.

5 minutes ago

Polymarket predicts a 40% chance of "Bitcoin Reaching $100,000 This Year."

March 15: Polymarket odds indicate the following probabilities for Bitcoin this year: - 40% chance it hits $100k - 76% chance it reaches $80k - 53% chance it climbs to $90k - 61% chance it falls to $50k (Note: Uses casual, American English-friendly shorthand like "$100k" instead of "$100,000" for brevity, which is common in financial/ crypto updates; date omits "th" for natural flow in quick updates.)

5 minutes ago

The first batch of 86 million barrels of strategic crude oil in the United States will be released to the market using the borrow-and-repay premium model.

March 15 — The U.S. Department of Energy (DOE) on March 13 issued a request for bids for crude oil allocations from the Strategic Petroleum Reserve (SPR). The first batch of 86 million barrels is expected to hit the market by the end of next weekend. Under the terms, participating companies must return the borrowed crude to the DOE plus an additional amount as a premium. The document notes this measure will both replenish the SPR and stabilize the market. The U.S. government also announced plans to replenish approximately 200 million barrels of the SPR over the next year to uphold U.S. energy security. Data from the U.S. Energy Information Administration (EIA) shows the SPR held 415.4 million barrels as of March 6. (Associated Press Finance)

5 minutes ago