Midas Completes $50 Million Series A Funding Round, Led by RRE Ventures and Creandum

**March 30 — Dunamu, operator of South Korea’s Upbit crypto exchange, reported its 2025 full-year financial results on Monday, showing a 10% year-over-year revenue drop driven by a pullback in platform trading activity from 2024’s peak.** Consolidated operating revenue hit 15.6 trillion South Korean won ($10.3 billion), down from 17.3 trillion won ($11 billion) in 2024. Operating profit fell 26.7% to 869.3 billion won ($573 million), while net profit declined 27.9% to 708.9 billion won ($468 million). Dunamu cited lower crypto trading volume as the core drag on performance. Trading platform commissions—accounting for 98.3% of total revenue—totaled 15.3 trillion won ($10.1 billion) in 2025, down from 17.1 trillion won ($11.3 billion) a year earlier. Revenue from secondary services (securities apps, blockchain infrastructure) made up just 1.7% of the total, reaching 27.1 billion won ($17.9 million). As of Dec. 31, 2025, total assets stood at 13.17 trillion won ($8.7 billion), a

March 30th: U.S. Treasury Secretary Yellen said regarding the Iran oil issue that the market is well-supplied; as countries reduce transactions with Iran, supply will rise. The U.S. will eventually control the Strait of Hormuz.

**Bitmine Says Total Holdings Hit $10.7B Amid Iran War; Accelerates ETH Buys** Bitmine announced today that as of 6:00 p.m. Eastern Time on March 29, 2026, the total value of its cryptocurrency holdings, cash, and the high-risk, high-return "Moonshot Project" has reached $10.7 billion. The breakdown includes: - 4,732,082 ETH - 197 BTC - A $200 million investment in Beast Industries - A $1.02 billion stake in Eightco Holdings (NASDAQ: ORBS) - $9.61 billion in cash Bitmine Chairman Tom Lee noted that with the Iran War entering its fifth week, both ETH and cryptocurrencies have outperformed the broader market—ETH beating stocks by 1160 basis points. This contrasts sharply with traditional store-of-value asset gold, which has lagged by over 750 basis points. *"Cryptocurrencies are proving to be a solid 'wartime' store of value,"* he said. Lee added that the negative correlation between cryptocurrencies (and stocks) and oil has strengthened, now at its highest level in th

On March 30, Fortune reported that Valinor—a blockchain private credit startup founded by former Blackstone employees—has closed a $25 million seed funding round. The round was led by Castle Island Ventures, with participation from Susquehanna’s crypto arm, Maven11, TeraWulf founder Paul B. Prager, and Nazar Khan. Valinor aims to leverage blockchain and smart contracts to overhaul the private credit process, boosting lending efficiency. The fresh capital will be used to expand its loan business and ramp up hiring.

March 30 – In response to concerns from Europe and other parties over soaring fuel prices and higher Gulf shipping costs, Iranian Foreign Ministry spokesperson Baghaei stated that Iran is not responsible for the current situation and does not want people in other countries to face pressure from rising fuel or food prices. Baghaei also noted that Iran is currently managing the passage of non-enemy vessels while ensuring security. Over the past few days, some vessels have transited the Strait of Hormuz after coordinating with Iranian authorities. (Source: CCTV News)

On March 30, Bloomberg analyst Eric Balchunas took to social media to tweet that the T-Strive Digital Credit ETF—co-launched by Tuttle and Strive—has filed a new application. The ETF will hold preferred securities issued by DAT Company. BlockBeats Note: This T-Strive Digital Credit ETF is a basket product with underlying assets consisting of preferred securities from multiple Digital Asset Trusts (DATs). It can be viewed as a "DAT Preferred Securities Portfolio ETF" rather than a fund solely betting on a single issuer.