digital

According to Lookonchain monitoring, a month ago, Arthur Hayes transferred 2.15 million ETHFI (approximately 1 million USD) at an average price of about 0.47 USD, suspected to have completed the sale.Today, he received 132,730 ETHFI (approximately 72,800 USD) from Anchorage Digital at a price of about 0.55 USD.

Bitcoin mining company Ionic Digital disclosed on platform X that its mining output in February was 32.95 BTC, with an average daily output of 1.18 BTC. As of the end of February, its holdings increased to 2787.4 BTC.

According to CoinDesk, the Bank of Korea has officially launched the second phase of the digital won pilot project, collaborating with nine commercial banks to conduct real scenario testing of Deposit Tokens, covering government subsidy distribution and nationwide consumer payment and transfer services.This phase of the project is named "Project Hangang," adding Kyongnam Bank and iM Bank to the original seven banks, jointly testing the won-pegged deposit tokens built on the underlying architecture of wholesale central bank digital currency (Wholesale CBDC). One of the core objectives is to reduce payment costs, providing low-cost payment alternatives for large enterprises and small and micro merchants that bear high credit card fees.

According to DL News, Tim Scott, the chairman of the U.S. Senate Banking Committee, stated at the Washington Blockchain Summit that the "Digital Asset Market Structure Act" (CLARITY Act) has made significant progress, and the first new draft will be submitted for review this week.The bill aims to establish a regulatory framework for the U.S. cryptocurrency market and was passed with bipartisan support in the House of Representatives last July, but has since stalled in the Senate. The main points of contention include: the issue of stablecoin yield authority (with the banking industry pressuring to prohibit cryptocurrency exchanges from paying users interest on stablecoins), ethical provisions regarding officials holding or founding cryptocurrency businesses, anti-money laundering mechanisms for decentralized finance (DeFi) protocols, and the bipartisan representation issue in financial regulatory agencies. Currently, Trump has publicly sided with the cryptocurrency industry, supporting the allowance of stablecoin yields. Congressman Dusty Johnson warned that the time window is narrowing. If the midterm elections in November result in the Democratic Party regaining control of Congress, the bill is likely to be shelved. He called for 3 to 4 Democratic senators on the relevant Senate committee to break the internal party resistance, while also urging the cryptocurrency industry not to raise demands arbitrarily during negotiations to avoid further delaying the overall process.

According to Aptos officials, the U.S. Securities and Exchange Commission (SEC) has officially recognized APT as a digital commodity, rather than a security.This recognition stems from a joint statement issued by the SEC and the U.S. Commodity Futures Trading Commission (CFTC), with both regulatory agencies making the above statement with full authoritative explanation.

Former Bybit Co-CEO Helen Liu stated on social media, "We will launch ABFinance, a one-stop platform designed to integrate deposits, earnings, trading, and consumption, becoming a bridge between fiat and crypto assets. From day one, ABFinance has been built on a compliant and robust licensing system in the United States to establish trust. Welcome to join ABFinance and become a pioneer in digital finance."Earlier reports indicated that Bybit announced Co-CEO Helen Liu will step down on April 30, 2026, to start her own entrepreneurial journey.

According to The Block, the U.S. SEC and CFTC jointly released a 68-page new guideline, clarifying that most cryptocurrencies do not fall under the category of securities.SEC Chairman Paul Atkins stated at the Washington Blockchain Summit that this move will provide market participants with clear guidance on how federal securities laws apply to crypto assets. The guidelines detail the classification of stablecoins, digital commodities, and "digital tools," all of which are identified as non-securities, and explain how "non-security crypto assets" can transform into securities, as well as how federal securities laws apply to mining, protocol staking, and airdrops.Digital commodities are defined as assets that are "intrinsically linked to the programmatic operation of functional crypto systems and the dynamics of supply and demand from which they derive value," and digital collectibles are also not considered securities. Atkins remarked, "We are no longer the 'Securities and Everything Commission'," which stands in stark contrast to the previous SEC Chairman Gary Gensler's position of viewing most cryptocurrencies as securities. CFTC Chairman Michael Selig also attended the summit.

According to a post by Delphi Digital, stablecoins are becoming an alternative to traditional foreign exchange trading channels. The costs of traditional foreign exchange channels are high, with comprehensive fees for remittances to Argentina or Nigeria potentially reaching up to 8%, and 81% of these costs come from maintaining the underlying banking infrastructure.However, current exit mechanisms such as access to bank accounts or interbank channels remain a significant bottleneck. Delphi Digital states that most of the "friction" exists outside of the blockchain. While the minting and burning of stablecoins can be completed in just a few seconds, significant delays occur due to the batch processing mechanisms of bank wire transfers into these systems.

Ripple announced the expansion of its digital asset services in Brazil and plans to apply for a Virtual Asset Service Provider (VASP) license from the Central Bank of Brazil to incorporate into the country's cryptocurrency regulatory framework.Currently, several Brazilian institutions have connected to the Ripple network. Banco Genial processes same-day dollar transfers through this network; Braza Bank uses it for foreign exchange settlements and has issued a real-backed stablecoin on the XRP Ledger; fintech company Nomad utilizes the network for stablecoin settlements of fund flows between Brazil and the United States. Additionally, partners such as CRX and Justoken are issuing tokenized assets using Ripple's custody products, covering real-world assets like commodities.

According to the "News" report, the Central Bank of Russia has submitted a proposal to the government to allow digital financial assets (ЦФА) to circulate in open networks such as Ethereum, with a related legal draft planned to be released in the summer of 2026.This initiative aims to attract foreign capital from Asia, the Middle East, and Latin America in the context of sanctions, and to promote cross-border settlements. The Russian ЦФА market has grown from 44 billion rubles to 1.5 trillion rubles over the past three years, but it is still primarily driven by domestic demand. Analysts expect that if the relevant regulations are implemented, the market size could reach 12 to 13 trillion rubles by 2030.

According to MLM monitoring, a certain wallet cluster received 3,523,331 HYPE from Galaxy Digital over the past 40 days, worth approximately $144 million, making it one of the largest buyers during that period.The most recent transfer from Galaxy Digital to this cluster was for 395,000 HYPE, valued at approximately $16.2 million. The specific identity of this wallet cluster has not yet been confirmed.

According to The Block, the publicly listed Bitcoin mining company HIVE Digital Technologies is undergoing a major strategic adjustment due to tax disputes and operational uncertainties. The company plans to gradually reduce its Bitcoin mining operations in Sweden while significantly expanding its artificial intelligence (AI) data center capabilities in Canada.HIVE stated that its ASIC Bitcoin mining operations in Boden, Sweden, are facing challenges such as the "misuse of existing tax rules" by local authorities, including mandatory margin requirements, which have created operational uncertainties. As a result, the company is gradually scaling down this business and reallocating resources to its AI and high-performance computing strategy in Europe, with a potential complete exit from Bitcoin production in Sweden in the future.Meanwhile, HIVE, through its subsidiary BUZZ High Performance Computing, plans to quadruple the capacity of its liquid-cooled AI data center in Canada, increasing from 4 megawatts (MW) in Manitoba to 16.6 MW across two provinces. The new capacity includes a 5 MW hosting facility in British Columbia, which can be expanded to 12.6 MW.

According to businesswire, Nasdaq-listed Bitcoin treasury company Empery Digital disclosed that last week it reduced its holdings by 60 Bitcoins at an average price of $70,534, bringing its total Bitcoin holdings down to 3,502 Bitcoins.In addition, the company also disclosed that it has spent approximately $127 million to repurchase over 21.291 million shares of common stock, and will continue to sell Bitcoins as needed to fund future stock buybacks and possibly repay some of its outstanding debt.

After OpenClaw went viral, AI Agents once again became the focus of Web3------AI has evolved from a "chat tool" into an "executor" capable of automatically performing on-chain interactions, managing DeFi, claiming rewards, running strategies, and even participating in economic activities.As AI begins to replace human labor, how can ordinary people find new positions? On March 17 at 8 PM, this Space will hold a roundtable discussion on how Agents can become new infrastructure, the business opportunities of the Agent Economy, the participation paths for ordinary users, and the financialization of "Agent assets."Users are encouraged to follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the post, and @ three friends. The official account will randomly select 5 lucky users from the participants to receive a reward of 10 USDT each.

According to official news, digital asset wealth management platform Abra Financial Holdings, Inc. today announced a definitive merger agreement with special purpose acquisition company New Providence Acquisition Corp. III (Nasdaq: NPACU), which will go public through a SPAC.The new company is expected to be listed on Nasdaq after the merger, with the stock ticker "ABRX". The core terms of the transaction include:Transaction valuation: Based on Abra's $750 million pre-money equity valuation;Capital injection: The transaction is expected to bring up to $300 million in cash (held in a trust account, subject to shareholder redemptions);Shareholder structure: Existing Abra shareholders will transfer 100% of their equity to the merged company, including well-known institutions such as Adams Street, Blockchain Capital, RRE Ventures, and SBI;Market positioning: Serving the $100 trillion wealth management market, focusing on digital assets and tokenization.

According to CoinShares monitoring, digital asset investment products recorded a net inflow of $1.06 billion last week, maintaining a positive inflow trend for the third consecutive week. Since the outbreak of the Iran crisis, the management scale of digital asset ETPs has increased by 9.4%, rising to $140 billion, further highlighting Bitcoin's safe-haven attributes.From a regional distribution perspective, U.S. investors contributed 96% of the inflow funds; Hong Kong recorded an inflow of $23.1 million, the highest since August 2025; Canada and Switzerland saw inflows of $19.4 million and $10.4 million, respectively; Germany recorded an outflow of $17.1 million, marking the first weekly net outflow of the year.From an asset structure perspective, Bitcoin accounted for 75% of the total inflow, reaching $793 million, with a cumulative inflow of $2.2 billion over three weeks; short Bitcoin products saw an inflow of $8.1 million during the same period, indicating ongoing market divergence. Ethereum saw an inflow of $315 million, partly driven by the newly launched staking ETFs in the U.S., with cumulative flows year-to-date approaching net zero. XRP faced outflows for the second consecutive week, totaling $76 million.

Hana Financial Group and Standard Chartered Group have signed a memorandum of understanding to engage in in-depth cooperation in the global financial business and digital asset sectors. The two institutions will strengthen collaboration in global financial areas such as investment banking (IB), capital markets, and foreign exchange. Additionally, both parties plan to jointly explore growth opportunities in future financial sectors such as digital assets.Hana Financial Group Chairman Ham Young-joo stated that both sides will leverage their respective global networks and financial expertise to enhance global competitiveness through synergies in areas such as digital assets. Standard Chartered Group CEO Bill Winters remarked that South Korea is a core hub of the Asian financial market, and this cooperation is an important milestone for its global network business.

Delphi Digital tweeted, "Tether and Circle are not foolproof systems. Just because they are backed 1:1 by short-term government bonds and cash equivalents does not mean they are immune to potential runs. The USDC depegging incident during the collapse of Silicon Valley Bank (SVB) in early 2023 already revealed signs of this risk.USDC was originally fully reserved, but when Silicon Valley Bank collapsed, part of the reserves became temporarily inaccessible. This means the risk has merely shifted upwards. In traditional banking, payment risk is usually dispersed among various institutions; in the stablecoin system, while payment channels may be deterministic and automated, this means that the settlement risk, which was previously eliminated among participants, is now concentrated at the issuer level. The system has not become risk-free; rather, it has transformed into a vertically dependent structure. This is precisely why concerns about issuer concentration have begun to arise."