According to Bitfarms' latest financial report, its revenue in Q4 2024 was US$56 million, a year-on-year increase of 21%; the managed computing power (EHuM) reached 18.6 EH/s, an increase of 186%; and the energy efficiency was increased to 19 w/TH, an improvement of 45%. The company completed the acquisition of Stronghold Digital Mining and sold the Yguazu 200 MW data center in Paraguay, with a total energy reserve of approximately 1.4 GW, 80% of which is located in the United States. CEO Ben Gagnon said: Bitfarms has transformed into a North American energy and computing power company. In the future, it will focus on HPC/AI business and continue to optimize asset allocation. CFO Jeff Lucas added: This acquisition and sale reduced the capital expenditure demand in 2025 by 20%, which will help improve cash flow and operating profit margins. As of March 26, 2025, the company held 1,093 BTC and total liquidity of approximately US$135 million.
According to the Binance APP page, Binance Alpha has launched GhibliCZ (Ghibli) and Ghiblification (Ghibli).
Paul Grewal, chief legal officer of Coinbase, said on the X platform that South Carolina has joined Vermont in withdrawing its staking lawsuit against Coinbase. Grewal said that staking services will soon be restored to South Carolina users, which is not only a victory for Coinbase, but also a victory for American consumers. He hopes that this decision will affect other states that still have restrictions on staking services. Grewal added that South Carolina users lost about $2 million in staking rewards due to this case, and the 52 million cryptocurrency holders in the United States deserve reasonable consumer protection and clear regulations. He praised South Carolina Attorney General Alan Wilson's efforts in resolving this matter and hoped that other states that restrict staking would pay attention to this change.
According to Hyperliquid's announcement, due to the abnormal trading event in the JELLY market, users holding JELLY long positions will be compensated at a price of 0.037555 at the time of settlement. Except for the marked address, this compensation is beneficial to all JELLY traders. Event review: • A trader self-traded a JELLY position worth 4 million USDC at a price of 0.0095. • Subsequently, the price of JELLY rose more than 4 times, and HLP triggered a buyback and liquidated the position, causing damage to the value of the HLP account. • Although the 4 million USDC position did not exceed the dynamic open interest (OI) limit, it failed to prevent further opening of positions after triggering the automatic limit. • The key problem is that after HLP took over the position, it shared collateral with other strategy components and did not trigger automatic reduction of positions (ADL). Hyperliquid has strengthened risk management, including: • HLP Liquidator management: set stricter account value limits, reduce rebalancing frequency, and introduce more complex buyback liquidation logic. If the loss of Liquidator exceeds the threshold, ADL will be triggered instead of automatically using the collateral of other components. • Dynamic adjustment of OI limit: The open interest limit will be adjusted dynamically according to the market value. • Asset delisting mechanism: Validators will delist assets below the threshold through on-chain voting. Hyperliquid promises to continue to optimize the system and enhance risk prevention capabilities.
Spot gold has reached $3,060 an ounce, setting a new all-time high. The year-to-date increase has exceeded 16%.
According to Onchain Lens, the US government transferred 97,336 BTC (about $8.46 million) and 884.33 ETH (about $1.77 million) from the "Sae-Heng Confiscated Funds" address 6 hours ago. These funds are related to a "pig killing" scam targeting American victims. The funds came from a Binance account controlled by Wanpadet Sae-Heng and were confiscated by the US government. The target addresses of this transfer include bc1q7qf075up5nkd6hejgkmr9ms0fal97w35asrs55, etc. The transaction occurred at 01:23 on March 28, 2025 (Beijing time).
OpenAI CEO Sam Altman posted on the X platform that ChatGPT's image generation function is popular with users, but GPU resources are under great pressure. To this end, OpenAI will temporarily introduce some rate limits to improve system efficiency, which is not expected to last long. In addition, ChatGPT free users will soon be able to obtain image generation limited to a maximum of 3 times a day. Altman added that some of the rejected image generation requests are currently misjudgments, and the team is speeding up the repair.
According to the announcement on the SEC's official website, the U.S. Securities and Exchange Commission (SEC) has officially terminated the civil enforcement lawsuit against Kraken (Payward, Inc. and Payward Ventures, Inc.), Consensys Software Inc. and Cumberland DRW LLC, and withdrew the lawsuit "with prejudice". The SEC stated that the withdrawal of the lawsuit is aimed at promoting the reform and update of its regulatory strategy for the crypto industry, and is not based on an assessment of the allegations in the case. The SEC emphasized that this decision does not affect the position of other cases.
According to Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into Crypto.com and has not taken any enforcement action against the exchange. Sources revealed that Crypto.com had proactively sued the SEC, accusing it of overstepping its authority after receiving the Wells Notice from the SEC last October. But in December 2024, after former U.S. President Trump announced plans to appoint crypto-friendly Paul Atkins to succeed Gensler as the next SEC chairman, Crypto.com withdrew the lawsuit.
According to Reuters, French state-owned investment bank Bpifrance plans to invest up to 25 million euros (about 26.95 million U.S. dollars) to purchase niche cryptocurrencies to support French cryptocurrency projects. This is the first time that Bpifrance has set up a fund to directly purchase cryptocurrencies. Previously, the bank has invested 150 million euros in blockchain projects, but only involved a "small amount" of cryptocurrency investment.
According to the announcement of Coinbase International Exchange, BNB perpetual contracts (BNB-PERP) will be launched on Coinbase International Exchange and Coinbase Advanced. The BNB-PERP market will be open for trading on or after 17:30 (Beijing time) on April 3, 2025.
According to the Binance announcement, after voting and due diligence, Binance will launch Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT) and Banana For Scale (BANANAS31) at 05:00 (Beijing time) on March 28, 2025, and open the following spot trading pairs: MUBARAK/USDT, MUBARAK/USDC, BROCCOLI714/USDT, BROCCOLI714/USDC, TUT/USDT, TUT/USDC, BANANAS31/USDT, BANANAS31/USDC. The above tokens are currently listed on Binance Alpha, and the Alpha account tokens can now be transferred to the spot account.
According to Whale Alert monitoring, USDC Treasury minted 50 million new USDC on the Ethereum chain.
Fox Business reporter Eleanor Terrett tweeted that Paul Atkins, President Trump’s nominee for SEC Chairman, plans to abandon the previous administration’s heavy-handed enforcement approach: “It takes industry experience and focused application to ensure that customers and investors benefit from efficient, effective, and well-designed regulation. Our mission at the SEC should be to facilitate these efforts and, when necessary, use enforcement powers to correct and rectify wayward behavior.” On digital assets: “My first priority as Chairman will be to work with my fellow Commissioners and Congress to provide a solid regulatory foundation for digital assets through a reasonable, coherent, and principled approach.”
Ethereum core developer Terence tweeted that the Ethereum testnet Pectra is tentatively scheduled to be launched on the mainnet on April 30. Waiting for the next core developer to solve some unresolved minor issues and conduct a comprehensive confirmation.
According to The Data Nerd, an investor exchanged $1,140 for 10.4 million GHIBLI on SOL yesterday. The investor did not sell any tokens and added 7.28 million tokens on Meteora to add liquidity. The investor's unrealized profit is currently about $224,000, with a return on investment of 196 times (this profit does not include the cost of providing liquidity).
Corn, an Ethereum L2 network focusing on Bitcoin DeFi, has launched an airdrop query page with a total of 2.1 billion tokens and an initial circulating supply of 525 million (25%). The lock-up period for early supporters and core contributors is at least 1 year, and locked tokens are not eligible for staking rewards. The distribution details are as follows: 52% Community: 10% initial token allocation, 5% ecosystem builders, 33.3% user issuance and network security, 3.7% community fundraising 13% Early supporters: Seed round investors and institutional participants in Legion sales 25% Core contributors: engineers, products, business development, marketing and core builders 10% Foundation: used for ecosystem growth and long-term development
According to the official announcement, Binance Futures will launch the WALUSDT perpetual contract at 23:30 (ET8) on March 27, with a maximum leverage of 25 times.
According to Theblock, FTX’s former CEO Sam Bankman-Fried was transferred to a transit center in Oklahoma City just weeks after conducting an unauthorized remote video interview with Tucker Carlson at the Brooklyn Metropolitan Detention Center. His release date is set for November 17, 2044.
According to @ai_9684xtpa, 5 minutes ago, the MOVE repurchase address again withdrew 10 million tokens from Binance, worth $4.94 million. So far, the MOVE repurchase address has withdrawn a total of 20 million tokens, with a total value of $10.37 million, and the repurchase progress has been updated to 27.3%.
According to the official announcement, Binance Launchpool has launched the 66th project GUNZ (GUN), a L1 public chain for AAA games developed by Gunzilla Games. Users can invest BNB, FDUSD and USDC into the GUN reward pool on the Launchpool website after 8:00 (ET on March 28) to get GUN, and the activity will last for a total of 3 days. Binance will list GUNZ (GUN) at 21:00 (ET on March 31) and open GUN/USDT, GUN/BNB, GUN/FDUSD and GUN/TRY trading markets.
According to Coindesk, Warlock Labs, an on-chain order processing company, has completed $8 million in financing. Polychain Capital led the investment, with participation from Greenfield Capital, Reciprocal ventures, Symbolic Capital, Ambush Capital and TRGC. The company aims to prove that the submitted order flow has not been tampered with to ensure fair trading.
CZ tweeted: "I'm creating a lot of work for myself. The fees are so low that I had to look through about 200 messages today and replied to most of the messages I could. Overall, I like this system, and I believe it can be a useful tool for many KOLs or professionals. Thanks to the SlowMist team for discovering a way to send messages for less than the specified amount." Earlier, CZ said that after Reachme.io went online, a large amount of information poured in, and the fee for each message has been increased to 0.2 BNB.
According to Jinshi, the final annual rate of the core PCE price index in the fourth quarter of the United States was 2.8%, the previous value was 2.8%. The final annual rate of real GDP in the fourth quarter of the United States was 2.4%, the previous value was 2.30%, and the expected value was 2.3%. The number of initial jobless claims in the United States for the week ending March 22 was 224,000, and the expected value was 225,000. The final annual rate of the core PCE price index in the fourth quarter of the United States was 2.6%, the previous value was 2.7%, and the expected value was 2.7%. The final annual rate of the core PCE price index in the fourth quarter of the United States was 2.8%, the previous value was 2.8%.
According to the Binance APP page, Binance Alpha has launched KiloEx (KILO).
The KiloEx (KILO) exclusive TGE event launched by Binance Wallet has ended, raising a total of 442,985 BNB, with a fundraising target of 1,213.94 BNB, and an oversubscription of about 365 times. According to previous news, Binance Wallet will launch the KiloEx (KILO) exclusive TGE, with a subscription limit of 3 BNB.
Circle CEO Jeremy Allaire tweeted that Circle announced an agreement with global exchange ICE to explore the integration of USDC and USYC into a wide range of traditional financial markets, exchanges and clearing houses.
According to data tracked by blockchain analysis company Glassnode, the 30-day change in whale holdings shows that Bitcoin whales have increased their holdings by more than 129,000 BTC since March 11, with momentum increasing sharply in the past two days. This is the largest increase since late August 2024, indicating the growing confidence of large players.
According to Fortune, Paul Atkins, President Trump's nominee for SEC Chairman, holds up to $6 million in crypto-related assets, including a combined $1 million in equity in crypto custody company Anchorage Digital and tokenization company Securitize. Atkins reported that he owns up to $5 million in crypto investment company Off the Chain Capital, where he is a limited partner. Off the Chain's investments include private shares in large crypto companies such as Digital Currency Group (DCG) and Kraken. Earlier news, the U.S. Senate is scheduled to hold a hearing on Paul Atkins' qualifications to serve as SEC Chairman on March 27.
QCP Capital published an analysis pointing out that in the cryptocurrency market, despite the compelling catalysts, market sentiment remains depressed. GME unexpectedly raised $1.3 billion for Bitcoin allocation, but it has not yet boosted overall market sentiment. The only glimmer of hope is the steady inflow of the BTC ETF, which has totaled $944.9 million since its expiration on March 14, 2025. In contrast, the ETH ETF had an outflow of $112.1 million during the same period. This presents a clear divergence, reflecting the institutional beliefs of the market divergence. On-chain developments have brought some hope to ETH. With Pectra now successfully deployed on the Hoodi testnet and expected to upgrade the mainnet in the second quarter. Looking ahead to tomorrow's expiration date, $12.2 billion worth of BTC options will expire at a maximum price of $85,000. BTC has begun to move lower from Monday's highs, with both BTC and ETH front-end trading volumes falling by 10 trading volumes. Spot trading has been sideways, and OI continues to move lower, indicating a general lack of short-term optimism in the market. With PCE index data due tomorrow, any upside will remain limited in the near term as markets await clarity on Trump’s next move in this escalating trade war.
KiloEx announces KILO token economics, with a total supply of 1 billion tokens and an initial circulating supply of 21.17%. No team or investor tokens will be unlocked in the first year. The distribution details are as follows: Airdrop: 10%Ecosystem: 27%Binance Wallet exclusive TGE: 5%Staking rewards: 8%Strategic investment: 10%Team: 20%Advisors: 5%Private placement: 8%Liquidity providers: 5%Marketing: 2% According to previous news, Binance Wallet will launch KiloEx (KILO) exclusive TGE, with a subscription limit of 3 BNB.
According to the official announcement, Binance Wallet will cooperate with PancakeSwap to launch KiloEx exclusive TGE: Start date: 18:00 am on March 27 (UTC+8) End date: 20:00 on March 27 (UTC+8) Total fundraising amount: US$750,000 (BNB) Available tokens: 50 million (5% of the total supply) Price per token: US$0.015 (BNB) Subscription limit for each Binance Wallet user: 3 BNB
