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Nansen Becomes a Validator on the Bifrost Network

4 hours ago

On March 1st, according to Crowdfund Insider, the blockchain data analytics company Nansen announced that it has become a validator of the Bifrost Network. The Bifrost Network, as a multi-chain L1 network that supports both EVM and non-EVM environments, provides BTCFi services. It enables users to stake Bitcoin while maintaining liquidity and issues the Bitcoin stablecoin BTCUSD to enhance capital efficiency.
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20 billion USDT were burned on the Ethereum network 3 hours ago

On March 1st, as monitored by Whale Alert, approximately 3 hours ago, Tether Treasury burned 2 billion USDT on the Ethereum network.

18 minutes ago

Bloomberg: Judge Dismisses US SEC Lawsuit Against Hex Token Founder Richard Heart

On March 1st, according to Bloomberg, a federal judge in Brooklyn, New York, dismissed a lawsuit brought by the U.S. SEC against cryptocurrency founder Richard Heart. The founder was charged with unlawfully using millions of dollars of investor funds to purchase a 555-carat diamond. The SEC claimed that Heart had raised over $1 billion through the sale of unregistered securities, such as the Hex token and other digital assets related to his PulseChain blockchain network and PulseX decentralized finance platform.

18 minutes ago

In the last 12 hours, the entire network has experienced a total of $192 million in liquidations, primarily from short positions.

On March 1st, according to Coinglass data, with Bitcoin surging and briefly reaching above $85,000, the crypto market experienced a pullback. In the past 12 hours, a total of $192 million was liquidated across the entire network, including $54.66 million in long liquidations and $137 million in short liquidations.

18 minutes ago

Yesterday's ARKB net inflow was $193.7 million

On March 1st, according to Farside Investors, $193.7 million in net inflow was noted for ARK's Bitcoin Spot ETF, ARKB, yesterday.

18 minutes ago

ACID Labs has announced the completion of an $8 million financing round, with a16z Speedrun and NFX leading the investment.

On March 1st, as per Decrypt, the instant social gaming company ACID Labs has secured an $8 million funding round. This round is led by a16z Speedrun and NFX with the aim of facilitating its expansion into the realm of chat application gaming. The game Boinkers.io of ACID Labs has achieved 11.5 million monthly active users on Telegram and it is scheduled to release more social-first games.

18 minutes ago

The US 3-Year Treasury Bond Yield Falls Below 4% for the First Time Since Last October

On March 1st, the yield on the 3-year U.S. Treasury note dipped below 4% for the first time since October of the previous year. Furthermore, the yield on the 10-year U.S. Treasury note reached an 18-day low, decreasing by 6.5 basis points to 4.222%; the yield on the 2-year Treasury note fell below 4% to its lowest point since October 21st of the previous year, declining by 8.5 basis points to 3.995%. (Jinshi)

18 minutes ago