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According to Cointelegraph, Maxine Waters, a senior Democrat on the U.S. House Financial Services Committee, has written to Jeff Schmid, president of the Kansas City Federal Reserve Bank, requesting an explanation regarding the approval of a limited-purpose master account for Kraken Financial.Waters has asked the Kansas City Fed to clarify the specific permissions of the Kraken account, the federal services accessible, any additional conditions or restrictions, and the anti-money laundering and consumer protection measures being considered by April 10. Kraken's banking division received the account earlier this month, allowing direct access to the Federal Reserve's core payment system, Fedwire.Waters pointed out that innovations in payments, digital assets, tokenization, and artificial intelligence are rapidly outpacing the existing legal framework, necessitating transparency in access to critical financial infrastructure. According to the crypto advocacy organization Stand With Crypto, Waters is rated as a "strong opponent of cryptocurrency."

According to Bloomberg, Circle Internet Group announced a partnership with Sasai Fintech, a subsidiary of Cassava Technologies supported by NVIDIA, marking the first collaboration in Africa. The transfer application under Sasai Fintech covers 30 markets in Africa, and users can now use Circle's USDC stablecoin for domestic and cross-border payments through the app.

The Israeli military assessment believes it has successfully "assassinated" Ali Larijani, the Secretary of Iran's Supreme National Security Council. The Iranian side has not yet made any statement on this.

According to Hyperinsight monitoring, the largest long address for BTC (0xdf1) has faced 4 liquidations in the past hour, with a total liquidation value of approximately $3.9 million. Thus, this address has been liquidated a total of 24 times in the past 24 hours, with account funds plummeting from a high of about $2.66 million yesterday to just $140,000, a drawdown of over 94.7%. The next liquidation price for its remaining BTC holdings is at $65,370.On March 1, after the official announcement of the assassination of Iran's Supreme Leader Khamenei, this address quickly opened a long position in BTC with 40x leverage, possibly betting that the war would soon end and the market would recover. Its BTC long position once reached 1,000 coins (approximately $66.83 million), making it the largest long position on-chain at that time, with a liquidation price of about $66,560. The funds for this heavy bet did not come from new margin but rather from the unrealized gains of a long position in SOL.On February 28, this address deposited approximately $470,000 into Hyperliquid, using high leverage to bottom fish SOL at an average price of $78. The next day, SOL rose to $88, and its principal once increased more than 5 times. This unrealized gain supported its bet on BTC, but also amplified the liquidation risk for both positions as prices declined.

According to AI Aunt's monitoring, the address 0xdf1...6f0b0 opened a 1,000 BTC long position with 40x leverage (worth $66.83 million) at 10:30 AM today, with an opening price of $67,167 and a liquidation price of $66,559. It is currently only $390 away from liquidation, with an unrealized loss of $228,900.This address also holds a long position in SOL with 20x leverage, currently showing an unrealized profit of $810,000. The current total historical profit of this address is $775,300.

According to Iranian state media, Iran's Supreme Leader Khamenei has been assassinated.

According to Bitcoin Archive, the state of Kansas in the United States has proposed a Bitcoin Strategic Reserve Bill. This bill allows for up to 10% of state trust fund assets to be invested in Bitcoin ETFs. If the bill is passed, Kansas will become another U.S. state promoting the inclusion of Bitcoin in the state-level asset allocation framework, with related progress still pending legislative procedures.

According to CoinDesk, recently, two wallets associated with Casascius physical bitcoins transferred a total of 2,000 bitcoins, worth approximately $180 million, after being dormant for over ten years. These bitcoins had not been used since 2011 and 2012, when the price of bitcoin was less than $15, and now it is close to $90,000.Casascius physical coins were created by Utah entrepreneur Mike Caldwell in 2011 and are tangible collectibles that contain embedded private keys, with denominations ranging from 1 to 1,000 BTC. Each coin comes with a tamper-evident holographic seal to protect the private key underneath. Caldwell ceased production of the pre-funded coins at the end of 2013 after being labeled an unregistered money transmitter by the Financial Crimes Enforcement Network (FinCEN).The specific purpose of this transfer is unclear; it could be for sale, internal restructuring, or a precautionary measure to preserve access. It may also be related to the degradation of physical components, similar to a report earlier this year from a user claiming to own a 100 BTC Casascius bar who had difficulty importing the key into a modern wallet after peeling off the hologram.

According to Cointelegraph, Ethereum supporter Anthony Sassano stated in an interview that the gas limit for Ethereum could be increased by more than three times next year, and some Ethereum core developers are even discussing the possibility of raising the gas limit fivefold within the next year.Previously, the gas limit for Ethereum (the maximum amount of work allowed in each block on the network) was raised from 45 million to 60 million. Sassano mentioned that developers could achieve this by rebalancing transaction costs, lowering the costs of certain activities on Ethereum while increasing the costs of others. "The cost of transferring native ETH can be reduced from 21,000 gas to 6,000 gas, a reduction of over 70%, while keeping the gas limit unchanged." By reallocating costs in this way and repricing other activities, the network could ultimately support a higher gas limit. Sassano co-authored an Ethereum Improvement Proposal (EIP) with Ethereum core developer Ben Adams, and the two plan to include it in Ethereum's Glamsterdam upgrade, expected to take place in the first half of 2026.

ChainCatcher news, Trump stated in an interview that the suspect in the assassination of Charlie Kirk has been detained.It is reported that Charlie Kirk is an American conservative political activist who promoted Bitcoin during several campus speeches and was killed at a campus event on September 10.

ChainCatcher news, in the Wednesday episode of the podcast "Cheeky Pint," Robinhood CEO Vlad Tenev stated that he has built a community of elites from various departments within the company to ensure he interacts with more than just his direct reports."When I bring someone into this community, I usually say something like this," he said, "If a disaster or some sort of apocalypse happens, and we have to rebuild Robinhood with 150 people, you will be on that list."Tenev co-founded Robinhood in 2013. He mentioned that this founder community was initially focused on compensation, aimed at allocating budgets to the top performers. But now, it has evolved into a "real community" within the stock trading company. "I review the latest strategies or visions with them, bringing these people together to hear their feedback," he said, "We hold events, with gatherings in every city, bringing them together for dinner."

ChainCatcher news, Dragonfly investor Omar stated in a post on X regarding interest rate cuts: "The interest rate cut is a disaster for interest-sensitive companies like Circle: a 100 basis point cut will lead to a decrease in annual total revenue of $618 million, a reduction in gross profit of $303 million, and a decline in profit margin of 3.3 percentage points; from a valuation perspective, it will push the valuation of a company that already has an EV/annual gross profit of 42 times to further rise to 60.4 times (a premium of about 50%).To offset the impact, Circle needs to increase the circulation of USDC by $28 billion (equivalent to 44% of the current scale of $64 billion) to maintain the status quo. Against the backdrop of an inevitable interest rate cut, this explains why there was a massive stock sell-off of about $1.5 billion yesterday and reveals why Circle is eager to advance new products that can monetize trading flows (CPN and Circle Chain)."

ChainCatcher news, according to Daily Hodl, California resident Abraham Park has been sentenced to nearly four years in prison for participating in a Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) fraud scheme. The U.S. Department of Justice stated that Park submitted over 120 fraudulent SBA EIDL applications totaling $12 million between 2020 and 2022.Park is the owner and CEO of a California financial services company that helps clients obtain financing, loans, and repair credit scores. After the outbreak of the COVID-19 pandemic, Park advised clients to create fictitious corporate entities so that he could submit fraudulent EIDL loan applications to the SBA on their behalf. In return, his clients would pay Park a portion of the loans that were disbursed as kickbacks.Park successfully collected 73 fraudulent loans, stealing nearly $7 million from the disaster relief program.

ChainCatcher news, according to the official announcement, Toncoin has reached a cooperation with the UAE to launch a 10-year golden visa program for TON stakers.The relevant page shows that participants need to pay a one-time fee of $35,000 and stake TON tokens worth $100,000 for at least 3 years to qualify for the visa, while retaining control over the staked assets.The program aims to attract high-net-worth individuals and crypto investors to support the development of the TON network through long-term staking, while enjoying residency and business conveniences in the UAE.