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Dubai's largest bank Emirates NBD launches cryptocurrency trading service

Emirates NBD, one of the largest banks in Dubai, has launched a cryptocurrency trading service through its digital banking platform Liv. Users can now buy, sell, and trade cryptocurrencies on the Liv X app. The service is supported by Aquanow, a local digital asset company authorized by the Dubai Virtual Asset Regulatory Authority, with custody services provided by Zodia Custody, a subsidiary of Standard Chartered Bank.

2025-03-07 14:13:25

MetaDAO co-founder: Disagree with SIMD-0228 improvement proposal, focus on dynamic basic fees

Nallok, co-founder of the Solana ecosystem governance project MetaDAO, tweeted, "Regarding the improvement proposal SIMD-0228, I think what we see here is a wrong value system. We should focus on dynamic base fees (computational and network costs). Inflation should be controlled through direct payments to attract shares. Although I am pleased that everyone is interested in SIMD-0228, I don't think this is where we should focus. I believe it is likely to achieve its goals, but may not reach the scale it hopes for. If people want to see this happen, I suggest halving the impact, we can always come back to it, considering that implementation may take some time, we can be highly confident that it will proceed as expected, and if necessary, we can further accelerate it through future proposals."

2025-03-07 14:13:23

FBI offers $10 million reward for former Olympic athlete suspected of using Tether to launder money

According to Decrypt, US authorities have offered a reward of $10 million for the capture of former Canadian Olympic snowboarder Ryan Wedding. Wedding is accused of being heavily involved in operating a multinational cocaine empire. The Federal Bureau of Investigation (FBI) announced on Thursday that this Canadian has been placed on the top ten most wanted list in order to capture him as soon as possible.

2025-03-07 14:13:21

Source: Trump may make a "big announcement" on digital asset taxation at the White House Crypto Summit

Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that sources revealed that Trump may make a "major statement" on digital asset taxation at the White House Cryptocurrency Summit.

2025-03-07 14:13:19

Startale CEO: Japan's ruling party proposes new crypto regulatory framework

On March 6th, Startale CEO Sota Watanabe revealed on social media: "Today is an important day in Japan. The ruling party proposed to regulate cryptocurrencies under a new framework in the Financial Instruments and Exchange Act. If approved this year, it is very likely that the tax exemption for encrypted ETFs and taxes will be reduced from a maximum of 55% to 20%. I am 100% sure that more Japanese people will enter the world of blockchain."

2025-03-06 18:03:59

BTC falls below $91,000

The market shows BTC has fallen below $91,000, currently at $90,957.69, with a 24-hour increase of 3.49%. The market is volatile, so please manage your risks carefully.

2025-03-06 18:03:57

The Solana Foundation and the Solana Chinese Community Solar will host the DePIN Day event in Shenzhen on March 8

On March 6th, Solana Foundation and the Solana Chinese community Solar will hold the DePIN Day event in Shenzhen, the hardware capital, on March 8th. Solana's emerging DePIN projects Cuddis, Starpower, Geodnet, Roam, Aethir, Gradient, and DeGlass have confirmed their attendance and will conduct on-site demonstrations and sharing.

2025-03-06 18:03:56

Hong Kong Securities and Futures Commission has included "Linkbex" in the warning list of suspicious virtual asset trading platforms

The Securities and Futures Commission of Hong Kong warned the public to beware of an entity operating under the name "Linkbex" and suspected of engaging in fraudulent activities related to virtual assets. Linkbex falsely claimed to have connections with seven companies licensed by the Securities and Futures Commission in Hong Kong.

2025-03-06 18:03:55

Tether Freezes $27 Million in USDt on Sanctioned Russian Crypto Exchange

Tether, a stablecoin operator, has frozen $27 million in USDt on the sanctioned Russian Garantex crypto exchange, leading to the suspension of operations. Garantex announced on its official Telegram channel that Tether blocked wallets worth over 2.5 billion rubles, prompting the exchange to temporarily halt all services, including withdrawals. The European Union imposed sanctions on Garantex as part of the 16th package of sanctions against Russia's actions in Ukraine. Regulators in the US were the first to sanction Garantex, with the US Department of the Treasury's Office of Foreign Assets Control imposing sanctions in April 2022. Cointelegraph contacted Tether for a response on the freezing of Garantex wallets but did not receive a reply at the time of publication.

2025-03-06 18:03:52

Binance: The limit order function of the RED/USDT trading pair is temporarily out of order, and users' losses will be compensated

According to the Binance Customer Support account, the limit order function for the RED/USDT pre-market trading pair was faulty from 11:39 to 12:09 on March 6th (GMT+8), during which the market order function remained operational. Binance stated that they immediately fixed the issue upon discovery and apologized for any inconvenience caused to users. Binance promised that users who incurred losses due to this system issue can directly contact Binance customer service for feedback, and will receive corresponding compensation after verification.

2025-03-06 17:03:01

USDC Treasury minted nearly 66.5 million USDC on the Ethereum chain

According to Whale Alert monitoring, USDC Treasury minted 66,499,000 USDC on the Ethereum chain at 15:47, worth approximately $66,493,247.

2025-03-06 17:02:59

Kraken has started sending emails to FTX customers to confirm the timing and scope of the next round of asset allocation

On March 6th, it was reported that Sunil, the representative of FTX creditors, revealed that the cryptocurrency exchange Kraken has started sending emails to FTX clients confirming that the next round of FTX asset distribution will take place on May 30, 2025.

2025-03-06 17:02:57

An OG wallet deposited the remaining 301 BTC into Binance 2 hours ago

According to Lookonchain monitoring, two hours ago, an OG wallet deposited the remaining 301 BTC (27.9 million USD) into Binance. The whale purchased 801 BTC (8.25 million USD) at a price of 10,297 USD in August 2019, and sold all of them between September 18, 2024 and March 6, 2025, making a profit of 51.8 million USD.

2025-03-06 17:02:56

Hong Kong Securities Regulatory Commission Quarterly Report: 8 virtual asset trading platform license applications are being reviewed

The Securities and Futures Commission of Hong Kong today released the Quarterly Report for October to December 2024. In the asset fund management industry, ETFs recorded a net capital inflow of $2.9 billion for the year. In the virtual asset sector, the Hong Kong Securities and Futures Commission issued batch orders to three virtual asset trading platforms at the beginning of 2025, increasing the total number of licensed platforms to ten. Currently, eight virtual asset trading platform license applications are under review.

2025-03-06 17:02:54

Data: Over $140 million USDT transferred from unknown wallet to Cobo

According to Whale Alert monitoring, 140,265,879 USDT (approximately $140,411,265) was transferred from an unknown wallet to the Cobo platform at 16:28.

2025-03-06 17:02:51

A wallet transferred 66.5 million USDC to Binance 45 minutes ago

According to TheDataNerd monitoring, a wallet transferred 66.5 million USDC to Binance 45 minutes ago.

2025-03-06 17:02:50

India's proposed bill: Tax department will monitor digital activities, including cryptocurrency holdings, from April 2026

According to The Defiant, under the "2025 Income Tax Act," the Indian Income Tax Department will be granted the authority to monitor individual digital activities starting from April 1, 2026, including social media accounts, emails, and online financial transactions. This new power is aimed at enhancing the department's ability to detect tax evasion and undisclosed assets (including holdings of cryptocurrencies).

2025-03-06 16:03:36

A wallet sold 1,863 ETH to obtain 4.06 million USDC, and deposited it into Hyperliquid to go long on BTC

According to Lookonchain monitoring, a wallet sold 1,863 ETH for $2,181 after being dormant for 2 years, in exchange for 4.06 million USDC. Subsequently, the whale deposited $4.06 million into Hyperliquid, went long on BTC at a price of $89,930 with a leverage of 20, unrealized profit of $589,000, and a liquidation price of $75,186.

2025-03-06 16:03:34

Two whales borrowed 26.38 million USDT from Aave to buy 11,471 ETH

According to Lookonchain monitoring, two whales borrowed USDT from Aave to purchase ETH:

2025-03-06 16:03:33

Polymarket’s probability of “Trump establishing a strategic Bitcoin reserve within 100 days of taking office” rises to 24%

The probability on Polymarket of "Trump establishing a strategic Bitcoin reserve within 100 days of taking office" has risen to 24%, previously dropping to 10% on February 21. The trading volume of this prediction market has reached $8.47 million.

2025-03-06 16:03:31