SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

March 6 — Sources say the Trump administration is not currently weighing Treasury Department involvement in oil futures trading. While officials had discussed Treasury participation in energy futures trading (buying and selling), they now believe Treasury lacks significant ability to move the market. (FX168)

March 6 – Per Bitget market data, Xiaomi Group’s Hong Kong-listed shares climbed more than 5%, last trading at HK$33.82. Earlier reports from 1M AI News noted Xiaomi today announced its mobile smart body product, Xiaomi Miclaw, has launched a small-scale closed beta. The test is invitation-only (not open to public sign-ups) and the first batch only supports five Xiaomi 17 series models: Xiaomi 17 Ultra Leica Edition, 17 Ultra, 17 Pro Max, 17 Pro, and 17. Authorized users must upgrade to a specific system version to access the product, and Xiaomi advises against upgrading on primary devices.

Per Bitget market data as of March 6, the South Korean KOSPI index posted a 10.56% weekly drop—its largest since March 2020.

On March 6, The Block reported that Vancouver, Canada, city officials have recommended the city council withdraw a proposal to designate the city a “Bitcoin-friendly” city following a legal review. In a recent report submitted to the Vancouver City Council, staff recommended repealing the motion—titled “Preserving the City’s Purchasing Power by Diversifying Financial Reserves: Becoming a Bitcoin-Friendly City”—which was first proposed in November 2024. The report stated: “Staff has unequivocally determined that under the Vancouver Charter (the law governing municipal operations in the city), Bitcoin does not qualify as a permitted investment asset for the municipality. Therefore, we recommend ceasing further work on the proposal.” Additional rationales cited for the withdrawal include reallocating staff resources to higher priorities and aligning the proposal with other municipal plans.

March 6 — Cloud-native payment processing firm Silverflow has closed a $40 million Series B funding round, led by Picus Capital, with participation from Rabo Investments and existing backers Inkef, Global PayTech Ventures, Crane Venture Partners, and Coatue. Headquartered in Amsterdam, Silverflow offers a cloud-native card payment processing platform built to modernize payment infrastructure. The platform connects directly to card networks via a single API, letting payment service providers (PSPs), acquirers, payment facilitators, and merchants process transactions while accessing rich payment data and real-time insights. By replacing legacy payment processing tech with a flexible, scalable architecture, Silverflow aims to cut system complexity and drive innovation across the entire payment ecosystem.