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The South Korean Police Agency has completed a draft of a virtual asset seizure management training ordinance, which for the first time includes "privacy coins" in the regulation.

2 hours ago

March 17 — The South Korean Police Department has finalized a draft of virtual asset seizure management orders, marking the first time it has included guidelines on "privacy coins" (cryptocurrencies with strong anonymity features, such as privacy tokens) in regulations. The draft also specifies a hot wallet management plan. Privacy coins have been used in criminal cases including the "Nth Room" scandal and North Korean money laundering due to their untraceable nature. Over the past five years, virtual assets seized by the department are valued at roughly 54.5 billion South Korean won (KRW) at current market rates, with about 50.7 billion KRW in Bitcoin and 1.8 billion KRW in Ethereum. The police plan to select private custody institutions in the first half of this year.
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Coinbase: x402 Introduces Multiple Updates, Now Supports All ERC-20 Tokens

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A new wallet withdrew 1.5 million TRUMP from Bitgo, worth approximately $5.85 million

On March 17th, per LookOnChain monitoring, a new wallet (GVnRrk) withdrew 1.5 million TRUMP from Bitgo 9 hours ago, valued at approximately $5.85 million.

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Matrixport-affiliated whale re-accumulates near $2300 ETH, previously the largest on-chain ETH long

**March 17th** Per HyperInsight monitoring (via https://t.me/HyperInsight), the Matrixport-linked address “ETH Whale Master” (0xa5b0...) continued building its ETH long position after ETH dropped to ~$2300. The address rolled over and added 6,000 ETH to its longs consecutively in the $2300–$2302 range, worth roughly $12.06 million. Following this move, the total value of its ETH long positions has climbed to $82.95 million, with its average entry price rising from $1991 to $2043. With ETH currently trading at $2304, the position’s unrealized profit is ~$9.4 million (a 169% return), and its liquidation price is set at $1138. This address—having received funds from Matrixport multiple times—is now the largest on-chain ETH bull. Another suspected linked address (0x6C8...) also holds nearly $1 billion in ETH long positions.

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Singapore-based Stablecoin Infrastructure Firm dtcpay Completes $10 Million Series A Funding

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Security Alert: Cysic Foundation Account Posting Fake Solana On-Chain Token CA

Security Alert: March 17 The Cysic Foundation account has posted a fake Solana on-chain token CA — users are urged to exercise caution and protect their assets. This morning, the official Cysic statement confirmed that the @cysic_fdn Foundation account has been compromised. The team is revoking associated access and restoring the account’s security.

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OKX will list KAT (Katana) spot trading and convert the existing futures contract to a standard perpetual contract.

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