Chain detective ZachXBT said in the official channel, "Yesterday a Coinbase user was suspected of being defrauded of $34.9 million (400.099 BTC). After discovering this scam, it was noticed that there were several suspected cases of Coinbase users being defrauded in the past two weeks. Each stolen fund was transferred from Bitcoin to Ethereum through Thorchain/Chainflip and converted to DAI. Coinbase did not mark these addresses in its compliance tools."

According to the official announcement, Binance Wallet has airdropped an additional 10 million $PARTI to users who meet the following conditions.

According to Whale Alert monitoring, Tether Treasury minted an additional 1 billion USDT on the Tron network.

According to Bubblemaps’ tweet, Hayden Davis, head of the LIBRA project, is still selling Melania’s token MELANIA. In the past 14 days, Hayden has sent $1,065,153 worth of $MELANIA to centralized exchanges and withdrawn $2,050,666 from the liquidity pool.

According to Jinshi, the annual rate of the US core PCE price index in February was 2.8%, which was expected to be 2.7%. The monthly rate of the US core PCE price index in February was 0.4%, which was expected to be 0.30%.

Adam, an analyst at Greeks.live, said that group members were generally cautious to bearish. Traders focused on selling put options at $81,000 as a potential bottom. Bitcoin currently has a negative funding rate, while the volatility indicator DVOL has soared, reflecting increased market uncertainty. Many traders have deployed $81,000 put options on different expiration dates (that day, April 11, and April 18). The market consensus is that the current price trend is highly volatile.

Nasdaq has submitted a 19b-4 application for the Grayscale Avalanche ETF to the US SEC.

Despite the slowdown, series such as Doodles, Milady Maker, and Pudgy Penguins continued to outperform expectations. Among the top NFT series, CryptoPunks had a transaction volume of $60 million in the first quarter of 2025, down 47% from $114 million in the first quarter of 2024. Bored Ape Yacht Club (BAYC) fell by 61%. Pudgy Penguins had the highest transaction volume in the first quarter of 2025. It reached $72 million, up 13% from $63.5 million in the first quarter of 2024. Doodles transaction volume jumped from $22.6 million in the first quarter of 2024 to $32 million in the first quarter of 2025.

Farewell to the “Gray Statistics Era”

According to Lookonchain monitoring, five hours ago, a whale sold 743,947 TRUMPs (US$7.92 million) at $10.66, losing another $3.3 million on TRUMP. The whale only made a profit in the first TRUMP transaction. The next three were losses, with a total loss of US$15.7 million.

According to on-chain analyst Ember, of the 27.9 million UNI transferred from the Uniswap time-lock contract seven days ago (March 21), another 490,000 UNI (US$3.2 million) flowed into Binance in the past 5 hours. 1.24 million UNI (US$8.22 million) unlocked this time have entered Binance in the past day or so. Since entering Binance, the price performance of UNI has been -6.5% ($6.8→$6.3).

As Cointelegraph reported, GameStop stock (GME) was subject to trading restrictions on the New York Stock Exchange (NYSE) due to a 234% surge in short trading volume within 24 hours.

European crypto venture capital firm Maven 11 has closed its third fund at $107 million, slightly above its initial $100 million target, and about nine months later than initially expected. The fund is backed by Theta Capital Management and new institutional backers in Europe and Asia, with Maven 11 not naming all LPs, but noting that London-based investment firm Karatage is one of the participants. The size of the third fund is still smaller than Maven 11's second fund, which closed at $120 million in May 2023.

South Carolina Rep. Jordan Pace has introduced the Strategic Digital Asset Reserve Act (Bill H4256), which, if passed, would allow the state to establish a reserve of up to 1 million bitcoins. The bill, introduced in the state legislature earlier this month, authorizes the South Carolina Treasurer to invest up to 10% of unspent state funds in digital assets, including Bitcoin. The investment funds will come from various funds, such as the General Fund and the Budget Stabilization Reserve Fund. However, the total digital assets held by the state shall not exceed 3% of South Carolina's overall portfolio.