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Solana’s weekly revenue plunges 93% from January high as meme coin bubble bursts

According to Cointelegraph, Solana's weekly revenue fell to $4 million last week, a 93% drop from the peak of $55 million during the January Meme coin frenzy. Over the past two months, as interest in Meme coins has continued to decline, Solana network revenue and total value locked (TVL) on the chain have plummeted. According to DefiLlama data, Solana blockchain's weekly network revenue hit a record high of $55.3 million during the peak of the Meme coin minting frenzy in mid-January. However, revenue has since plummeted by 93%, reaching only $4 million in the past week, returning to a low point not seen since September of last year.

2025-03-11 16:02:41

The author of "Rich Dad Poor Dad" said that the stock market crash may exceed that of 1929, and he will continue to buy Bitcoin, real estate, gold and silver

Robert Kiyosaki, the author of "Rich Dad Poor Dad", posted on the X platform that the global economy is experiencing a "everything bubble" burst, and this stock market crash may be worse than the Great Depression of 1929. He stated that despite the market turmoil causing fear, this may be the "biggest opportunity in a lifetime". He emphasized staying calm, rational, and revealed that he will continue to buy real estate, gold, silver, and bitcoin on dips.

2025-03-11 16:02:40

Mt. Gox address transferred another 332 BTC to an unknown wallet, equivalent to about 26.67 million US dollars

According to OnchainLens monitoring, Mt. Gox has transferred 332 BTC (approximately $26.67 million) to an unknown wallet. In the past 7 hours, they have transferred a total of 11,834 BTC (approximately $931 million).

2025-03-11 16:02:38

El Salvador has increased its holdings of 6 bitcoins in the past two days, with an average price of $82,308

According to data from the Ministry of Finance of El Salvador, El Salvador has increased its holdings of 6 bitcoins in the past two days, with an average price of $82,308. Currently, its bitcoin holdings have reached 6,112.18 coins, with a total value of $491.6 million. Despite pressure from the International Monetary Fund (IMF) on El Salvador to stop accumulating decentralized value storage assets, El Salvador has still accumulated an additional 41 bitcoins in the past 30 days.

2025-03-11 16:02:37

A whale deposited 4,250 ETH into DBS Bank, with a total deposit of US$9.7 million

According to OnchainLens monitoring, a certain whale recently deposited 4,250 ETH into DBS Bank (@dbsbank), worth approximately $8.06 million. As of now, the whale has deposited a total of 4,922 ETH ($9.7 million) into DBS.

2025-03-11 15:03:25

Senior EU official: Trump's policy supporting digital assets could affect Europe's monetary sovereignty and financial stability

Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM), stated at a Eurogroup press conference that President Trump's support for digital assets policy may affect European monetary sovereignty and financial stability. Gramegna warned, "The US government's supportive attitude towards cryptocurrencies, especially stablecoins denominated in US dollars, may raise some concerns in Europe. This may rekindle plans by foreign and US tech giants to launch large-scale payment solutions based on USD stablecoins. If these plans succeed, they will impact the currency sovereignty and financial stability of the euro area."

2025-03-11 15:03:24

Matrixport: The slowdown in the inflow of stablecoins may indicate that Bitcoin's next move needs to be cautious

Matrixport stated on X platform that the inflow of stablecoins has slowed down, pushing the market into a consolidation phase. We are closely monitoring this data, because if the stablecoin minting indicator does not rebound, any upward trend in Bitcoin will be difficult to sustain.

2025-03-11 15:03:22

Upbit to launch Arkham (ARKM) Korean Won trading pairs

According to official sources, Upbit will list Arkham (ARKM) on the Korean won market at 16:00 on March 11th (Korean time).

2025-03-11 15:03:20

Russian-backed hacking group claims responsibility for cyberattack on Twitter, causing user access issues

A cyberattack on X, the social media platform, was claimed by a Russian-backed hacking group called Dark Storm. The attack caused disruption for thousands of users, but functionality was quickly restored. The cybersecurity group SpyoSecure reported that Dark Storm took credit for the distributed denial-of-service (DDoS) attack in a Telegram post, which has since been deleted for violating the platform's terms of service. Despite the attack, platform owner Elon Musk confirmed that the IP addresses of the hackers originated in the Ukraine area. Additionally, protests against Musk's Department of Government Efficiency have led to a decrease in Tesla stock, with the stock currently down over 15% in the most recent trading session.

2025-03-11 15:03:19

Japanese media: Japan failed to obtain US tariff exemption commitment

According to Kyodo News, Japanese Minister of Economy, Trade and Industry Toshimitsu Motegi held talks with U.S. Commerce Secretary Wilbur Ross in Washington, trying to shield Japan from the impact of the Trump administration's proposed tariffs on imports, including cars and steel. However, Motegi stated that the two sides did not discuss exemptions, and he did not receive any commitments from the U.S. in the negotiations. This means that Japan is likely to be included in the scope of the U.S. steel and aluminum tariffs set to take effect on March 12. Motegi emphasized the contributions of Japanese companies to investment and employment in the U.S., and confirmed that the two governments will continue to have close consultations in the future. The discussions also involved energy cooperation between Japan and the U.S., including the liquefied natural gas development project in Alaska. (Krypton)

2025-03-11 15:03:17

BitMEX has launched new quarterly futures for BTC, ETH, XRP, etc.

According to the official announcement, BitMEX has launched new quarterly futures for BTC, ETH, XRP, etc. and trading can begin.

2025-03-11 15:03:15

JPMorgan Chase raises chance of U.S. recession to 40%

Economists at Wall Street investment bank JPMorgan Chase have raised the risk of a U.S. economic recession this year from 30% in early 2025 to 40%. Analysts wrote, "Due to the extreme policies in the United States, we believe there is a high risk of a recession in the country this year." Earlier, there were reports that economists at Morgan Stanley had lowered their U.S. economic growth expectations last week and raised their inflation expectations. The bank predicts that the U.S. GDP growth rate in 2025 will be only 1.5%, and will drop to 1.2% in 2026. Goldman Sachs economists have also raised the probability of an economic recession in the next 12 months from 15% to 20%.

2025-03-11 15:03:13

ARK Invest invested more than $70 million in Tesla, Coinbase and other technology stocks as U.S. stocks plummeted

As the US stock market plummeted, Cathie Wood's Ark Investment Management company invested over $70 million, heavily buying technology stocks such as Tesla (TSLA.O), Palantir (PLTR.N), Coinbase (COIN.O), AMD (AMD.O), Tempus AI (TEM.O), and Robinhood (HOOD.O).

2025-03-11 15:03:12

Canaan Technology Signs Series A-1 Preferred Stock Financing Securities Purchase Agreement and Completes First US$100 Million Financing Delivery

Canaan Technology announced that it has signed a securities purchase agreement with an institutional investor, providing a total revenue of up to $200 million through A-1 series preferred stock financing. The first payment of the preferred stock financing was completed on March 10, 2025, and the first $100 million has been received. It is expected to receive an additional $100 million related to the second payment in the near future, but subject to certain terms and conditions.

2025-03-11 14:08:24

Hyperliquid 50x leveraged profit whale bought $3.96 million of ETH at an average price of $2,119 yesterday

According to @ai_9684xtpa monitoring, Hyperliquid 50x leverage profit whale only took 40 minutes yesterday to go long on ETH 50x and made a profit of 2.15 million. After that, he bought 1867 ETH (3.96 million USD) at an average price of 2119 USD through Cowswap, currently floating at a loss of 14,700 USD.

2025-03-11 14:08:20

Qi An Xin: The botnet that attacked X platform is the same organization as the one that attacked DeepSeek during the Spring Festival

According to the analysis of Qi Anxin Xlab Laboratory, the large-scale network attacks that caused X platform to crash three times are the same main zombie network that attacked DeepSeek during the Spring Festival. The network is called Mirai variant zombie network RapperBot, belonging to an attack organization of "professional hired thugs".

2025-03-11 14:08:16

Musk shows his poll data: the Department of Government Efficiency (DOGE) has a support rate of 81.1%

Musk displayed statistics on the support rate of the Department of Government Efficiency (DOGE) he leads on the X platform. The data shows that only 18.9% of the respondents do not support DOGE, while the remaining 81.1% of respondents, with 42.3% of them, express strong support for DOGE. A total of 1,507,496 people participated in this vote. Musk expressed satisfaction with the results and stated that this represents widespread public support for DOGE.

2025-03-11 14:08:12

Ethereum developer: The address that deposited 30,000 ETH to Maker today does not belong to the Ethereum Foundation

Two well-known Ethereum developers eric.eth and sassal.eth refuted rumors, stating that the address that deposited 30,098 ETH into Maker this morning is not the address of the Ethereum Foundation.

2025-03-11 14:08:09

U.S. House expected to vote on Tuesday to repeal IRS DeFi broker rules

Fox journalist Eleanor Terrett wrote on the X platform that after the Senate passed a resolution to repeal the IRS DeFi broker rule by a vote of 70-27 last week, the House of Representatives is expected to vote to repeal the rule on Tuesday. This overwhelming vote result was due to the unexpected support from Senate Democrats, including Senators Chuck Schumer and Mark Warner.

2025-03-11 14:08:04

A whale withdrew 195,000 SOL from multiple CEXs, equivalent to about 23.2 million US dollars

According to Lookonchain monitoring, a whale withdrew 195,000 SOL worth $23.2 million from multiple CEXs in the past 9 hours.

2025-03-11 14:07:59