AI-Native Healthcare Financial Startup Translucent Completes $27 Million Series A Funding
March 11 — According to Fortune, AI-native healthcare finance startup Translucent has closed a $27 million Series A funding round led by GV, with participation from NEA, FPV Ventures and Virtue. The company previously raised $7 million in seed funding in August 2024.
Translucent focuses on delivering AI-powered financial intelligence to hospitals, monitoring real-time data across multiple systems and generating decision-making recommendations to tackle common healthcare industry pain points, including lagging financial data and complex workflows.
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Binance HODLer Airdrop Launches Midnight(NIGHT)
March 11: Binance Launches HODLer Airdrop for Midnight (NIGHT)
Eligible users—those who subscribed to Simple Earn or On-chain Staking products between 00:00 UTC Feb 16, 2026, and 23:59 UTC Feb 18, 2026—will receive the airdrop. Distribution to spot accounts is expected within 4 hours of the announcement.
Subsequently, Binance will list NIGHT for spot trading on March 11, 2026, at 15:30 UTC. Supported trading pairs: USDT, USDC, BNB, TRY. A seed label will apply.
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Ethereum Ecosystem Developer Releases 'Native Rollups' Concept Validation Prototype
March 11: Ethereum ecosystem developers unveiled a concept validation prototype for "Native Rollups," enabling direct on-chain validation of Layer 2 state transitions on Ethereum—no reliance on external systems like zero-knowledge proofs or fraud proofs required. This solution uses the EXECUTE precompile mechanism (via EIP-8079) to replay Layer 2 blocks on Ethereum’s mainnet and confirm their validity. Participating teams include Ethrex client developers, Ethereum Foundation contributors, and L2BEAT researchers.
Developers note the design lets Layer 2 networks directly inherit Ethereum’s security properties and protocol upgrades, reducing long-term maintenance costs. The solution is still in the early exploration stage and has not yet moved to production.
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Japan, Germany to Release Strategic Oil Reserves
On March 11, Japanese Prime Minister Kishida Fumio said Japan will unilaterally release strategic oil reserves to mitigate the impact of the Middle East conflict.
Speaking in an NHK-broadcast address Wednesday, Kishida noted the release could start as early as March 16, covering the equivalent of 15 days of private oil reserves and one month of national reserves.
This comes as the International Energy Agency (IEA) proposed an emergency oil reserve release—potentially the largest in the agency’s history—with a decision expected later Wednesday.
Separately, Germany’s economy minister stated the country will release some national oil reserves, though specific details remain to be finalized.
(FXStreet)
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Binance Fired Key Compliance Staff at Start of Year as U.S. Probe Loomed
March 11 — The U.S. Department of Justice (DOJ) has launched an investigation into Iran’s alleged use of Binance to evade U.S. sanctions. The probe stems from February 202X disclosures by Fortune, which first reported Binance fired multiple compliance investigators who flagged potential violations.
Internal documents show Iran-linked entities moved over $1 billion via Binance between March 2024 and August 2025, using Tether (USDT) stablecoins settled on the Tron network — transactions that could breach U.S. sanctions.
Since late 2025, at least five investigators (many with European/Asian law enforcement backgrounds focused on global financial crime and sanctions evasion) have been fired. Four senior compliance staff have also resigned or been forced out in the past three months.
Binance CEO Changpeng Zhao (CZ) responded to compliance questions on Feb. 25, saying the firm’s work probing complex off-chain transfers “precisely demonstrates high compliance standards.”
This late
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