BitMEX Founder Arthur Hayes Calls U.S. Treatment of Binance, CZ 'Absurd'

BaFin found "serious deficiencies" in Ethena's synthetic USDe stablecoin, citing issues with business organization and MiCAR compliance. Ethena's ENA token dropped 6.5% in 24 hours due to this news.

XRP and Ethereum led crypto trading volumes this week, with a potential shift towards altcoins. Market analysts note a decrease in Bitcoin selling pressure, hinting at an altcoin resurgence.

The Fairshake political action committee is injecting money into Republican candidates in Florida's special congressional elections to secure pivotal House seats. With Democrats also investing heavily, the outcome could impact Republicans' slim majority in the House.

Tornado Cash, a coin mixing service, has been removed from the US Treasury's sanctions list after being initially sanctioned in 2022. The Treasury cited a review of legal and policy issues related to financial sanctions in evolving technology environments.

The company, formerly known as MicroStrategy, increased its Strife perpetual stock offering to $723 million from the initial $500 million announced on Tuesday. This offering consists of 8.5 million shares with a fixed 10% rate and a public price of $85 per share, set to settle on March 25.

Bitcoin and top coins have dipped as investors anticipate market volatility due to the "triple witching" event. Ethereum's price has dropped to $1,948.93, the lowest since November 2023, while XRP has fallen by 5.2%.

Strategy has announced the pricing of its Strife Perpetual Preferred Stock ($STRF) Offering, with the deal upsized from $500M to $722.5M. The firm plans to use the proceeds from the offering for purposes including "the acquisition of bitcoin and for working capital."

Zoth, a real-world asset platform on Ethereum, has suffered an $8.85 million hack, with experts pointing to a private key leak as the likely cause. This appears to be the second hack to hit Zoth in the past month.

Consensys opposes the CFPB's proposed rule to regulate unhosted blockchain wallets under the EFTA, citing potential harm to developers and users. The firm criticizes the rule as a departure from current law and expects the CFPB to reconsider or revise it.

A proposal by Trump administration officials suggests renaming USAID to U.S. Agency for International Humanitarian Assistance and utilizing blockchain technology for aid distribution transparency and security. The plan aims to increase accountability and efficiency in foreign aid programs.