Important information last night this morning (March 27-March 28)
Reprinted from panewslab
03/28/2025·1M
According to Bitfarms' latest financial report data, its revenue in Q4 2024 was US$56 million, a year-on-year increase of 21%; management computing power (EHuM) reached 18.6 EH/s, an increase of 186%; energy efficiency increased to 19 w/TH, an improvement of 45%. The company completed the acquisition of Stronghold Digital Mining and sold the Paraguay Yguazu 200 MW data center with a total energy reserve of approximately 1.4 GW, of which 80% 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: The acquisition and sale reduced capital expenditure demand by 20% in 2025, helping to improve cash flow and operating margins. As of March 26, 2025, the company held 1,093 BTC with a total liquidity of approximately US$135 million.
Binance Alpha has been launched on GhibliCZ (Ghibli) and Ghiblification (Ghibli)
According to the Binance APP page, Binance Alpha has been launched on GhibliCZ (Ghibli) and Ghiblification (Ghibli). The introduction is as follows.
South Carolina withdraws pledge lawsuit against Coinbase
Coinbase Chief Legal Officer Paul Grewal said on X platform that South Carolina has joined Vermont (step) and has withdrawn the stake in Coinbase. Grewal said that the staking service will soon resume opening to South Carolina users, which is not only a victory for Coinbase, but also for American consumers. He hopes the decision will affect other states that still have restrictions on pledge services. Grewal added that South Carolina users lost about $2 million in pledge rewards due to the case, and 52 million U.S. cryptocurrency holders deserve reasonable consumer protection and clear regulations. He appreciates South Carolina Attorney General Alan Wilson's efforts to resolve the matter and hopes other states that restrict pledges will pay attention to the change.
Hyperliquid optimizes risk management mechanism and will compensate JELLY multi-users
According to Hyperliquid announcement, due to abnormal trading events 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 labeled address, this compensation is beneficial to all JELLY traders. Event Review: • A trader traded a JELLY position worth USD 4 million at a price of 0.0095. • The price of JELLY then rose by more than 4 times, and HLP triggered a repurchase and liquidated the position, resulting in 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 upper limit. • The key problem is that after HLP takes over the position, it shares collateral with other strategic components, and does not trigger automatic position reduction (ADL). Hyperliquid has strengthened risk management, including: • HLP Liquidator management: Setting stricter account value caps, reducing rebalancing frequency, and introducing more complex repo clearing logic. If the loss exceeds the threshold, the Liquidator will trigger ADL instead of automatically using other components collateral. • Dynamic adjustment of OI ceiling: The open interest ceiling will be dynamically adjusted according to market capitalization. • Asset removal mechanism: Verifiers will remove assets below the threshold through on-chain voting. Hyperliquid promises to continue to optimize the system and improve risk prevention capabilities.
Spot gold hit a new high, reaching $3,060
Spot gold reached $3,060 per ounce, setting a new record high again, with an increase of more than 16% so far this year.
The U.S. government transfers 97.34 BTC and 884.33 ETH, involving Sae-Heng fraud case
According to Onchain Lens, the U.S. government transferred 97336 BTC (about $8.46 million) and 884.33 ETH (about $1.77 million) from the Sae-Heng Confiscated Funds address six hours ago. The funds were linked to a "pig killing" fraud case against U.S. victims, which came from Binance accounts controlled by Wanpadet Sae-Heng and were confiscated by the U.S. government. The target address of this transfer includes bc1q7qf075up5nkd6hejgkmr9ms0fal97w35asrs55, etc. The transaction occurred at 01:23 on March 28, 2025 (Beijing time).
Sam Altman: ChatGPT image function is popular, GPU faces overload pressure
OpenAI CEO Sam Altman posted on the X platform that ChatGPT's image generation function is loved by users, but GPU resources are under tremendous pressure. To this end, OpenAI will temporarily introduce some rate limits to improve system efficiency and is not expected to last too long. Additionally, ChatGPT free users will soon get image generation limited to up to 3 times a day. Altman added that some of the currently rejected image generation requests are misjudgment and the team is speeding up the repair.
SEC terminates lawsuit against Kraken, Consensys and Cumberland
According to the SEC official website announcement, the U.S. Securities and Exchange Commission (SEC) has officially terminated civil enforcement lawsuits against Kraken (Payward, Inc. and Payward Ventures, Inc.), Consensys Software Inc. and Cumberland DRW LLC, and withdrawn the lawsuit in the form of "prejudice". The SEC said the withdrawal of the lawsuit is intended to promote reform and update of its regulatory strategy in the crypto industry, and is not based on an assessment of the allegations of the case. The SEC stressed that this decision does not affect the position of other cases.
US SEC ends investigation into Crypto.com, no law enforcement action
According to Eleanor Terrett, the Securities and Exchange Commission (SEC) has officially concluded its investigation into Crypto.com and has taken no enforcement action against the exchange. Sources revealed that Crypto.com took the initiative to sue the SEC for overreach of its authority after receiving a notification from Wells from the SEC in October last year. But in December 2024, Crypto.com withdrew the lawsuit after former U.S. President Trump announced plans to appoint crypto-backed Paul Atkins, who succeeded Gensler as the next SEC chairman.
French state-owned bank Bpifrance sets up 25 million euro fund to invest in cryptocurrency
According to Reuters, French state-owned investment bank Bpifrance plans to invest up to 25 million euros (about $26.95 million) to buy niche cryptocurrencies to support France's cryptocurrency projects. This is the first time that Bpifrance has set up a special fund to buy cryptocurrencies directly. The bank has previously invested 150 million euros in blockchain projects, but only involved "small" investment in cryptocurrencies.
Coinbase International Station will support BNB perpetual contract
According to Coinbase International Exchange announcement, BNB Perpetual Contract (BNB-PERP) will be launched on Coinbase International Exchange and Coinbase Advanced. The BNB-PERP market will open trading at or after 17:30 on April 3, 2025 (Beijing time).
According to Binance announcement, after the voting results and due diligence, Binance launched Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT) and Banana For Scale (BANANAS31) at 05:00 on March 28, 2025 (Beijing time), and the following spot trading pairs were opened: MUBARAK/USDT, MUBARAK/USDC, BROCCOLI714/USDT, BROCCOLI714/USDC, TUT/USDT, TUT/USDC, BANANAS31/USDT, BANANAS31/USDC. The above tokens are currently online in Binance Alpha, and the Alpha account tokens can be transferred to the spot account.
Data: USDC Treasury adds 50 million USDCs to the Ethereum chain
According to Whale Alert monitoring, USDC Treasury has added 50 million USDCs to the Ethereum chain.
Fox Business News reporter Eleanor Terrett tweeted that President Trump’s nominated SEC Chairman Paul Atkins plans to abandon the harsh approach to law enforcement in his previous administration: “It requires industry experience and focused applications to ensure that customers and investors benefit from efficient, effective and well-designed regulation. Our SEC’s mission should be to promote these efforts and use law enforcement powers when necessary to correct and correct willful behavior.” About Digital Assets: “My priority as chair is to work with my co-educational colleagues and Congress to provide a solid regulatory foundation for digital assets through a reasonable, coherent and principled approach.”
Ethereum test network Pectra is tentatively scheduled to be online on the main network on April 30
Ethereum core developer Terence tweeted that Ethereum test network Pectra is tentatively scheduled to be launched on the main network on April 30. Wait for the next core developer to resolve some unresolved minor issues and make full confirmation.
According to The Data Nerd monitoring, an investor exchanged $1,140 on SOL yesterday for 10.4 million GHIBLI. The investor did not sell any tokens and added 7.28 million tokens to Meteora to add liquidity. The investor's unrealized profit is currently approximately US$224,000 and a ROI of 196 times (this profit is not calculated for the expense of providing liquidity).
Ethereum L2 network Corn, which focuses on Bitcoin DeFi, launched airdrop query page
The Ethereum L2 network Corn, which focuses on Bitcoin DeFi, has launched an airdrop query page, with a total token of 2.1 billion and an initial circulation supply of 525 million (25%). Early supporters and core contributors have a lock-in period of at least 1 year, and locked tokens are not eligible for staking rewards. The allocation details are as follows: 52% Community: 10% initial token allocation, 5% ecosystem builder, 33.3% user issuance and cybersecurity, 3.7% community fundraising, 13% early supporters: seed round investors and institutional participants in Legion sales Core contributors: engineers, products, business development, marketing and core builder 10% Foundation: for ecosystem growth and long-term development
Binance Contract Will Launch WALUSDT USDT Perpetual Contract
According to the official announcement, the Binance Contract will launch the WALUSDT perpetual contract at 23:30 on March 27 (East Eighth District time), with a maximum leverage of 25 times.
SBF was transferred to a transit center in Oklahoma City after being interviewed without approval
According to Theblock, former FTX CEO Sam Bankman-Fried conducted an unauthorized remote video interview with Tucker Carlson at the Brooklyn Metropolitan Detention Center and was transferred to a transit center in Oklahoma City just a few weeks later. His release date is scheduled for November 17, 2044.
MOVE repurchase address once again raised 10 million tokens from Binance, worth $4.94 million
According to @ai_9684xtpa monitoring, 5 minutes ago, the MOVE repurchase address once again raised 10 million tokens from Binance, worth US$4.94 million. Up to now, the MOVE repurchase address has raised a total of 20 million tokens, with a total value of US$10.37 million, and the repurchase progress has been updated to 27.3%.
Binance Launchpool launches GUNZ (GUN)
According to the official announcement, Binance Launchpool has now launched the 66th phase project GUNZ (GUN), an L1 public chain of AAA games developed by Gunzilla games. Users can invest BNB, FDUSD and USDC into the GUN reward pool after 8:00 on March 28 (East Eighth District time), and the event duration is 3 days. Binance will list GUNZ (GUN) at 21:00 on March 31 (East Eighth District Time), and open GUN/USDT, GUN/BNB, GUN/FDUSD and GUN/TRY trading markets.
According to Coindesk, on-chain order processing company Warlock Labs completed a $8 million financing. Polychain Capital led the investment, with Greenfield Capital, Reciprocal ventures, Symbolic Capital, Ambush Capital and TRGC participating. The company aims to prove that the flow of orders submitted has not been tampered with to ensure fair deals.
CZ tweeted: "I made a lot of work for myself. The cost is too low, and today I had to browse about 200 messages and responded to most of the messages I could reply. Overall, I like the system and I believe it can be a useful tool for many KOLs or professionals. Thanks to the Slow Fog team for discovering a way to send messages at less than the specified amount." Previously, CZ said that a large amount of information has poured in after Reachme.io went online and has increased the fee per message to 0.2 BNB.
According to Jinshi, the annual annual rate of the U.S. core PCE price index in the fourth quarter ended at 2.8%, compared with the previous value of 2.8%. The final value of the US real GDP in the fourth quarter was 2.4%, the previous value was 2.30%, and the expected 2.3%. The number of initial unemployment claims in the United States to March 22 was 224,000, and the expected number was 225,000. The annualized quarterly rate of the U.S. core PCE price index in the fourth quarter was 2.6%, the previous value was 2.7%, and the expected 2.7%. The U.S. core PCE price index annualized by 2.8% in the fourth quarter, compared with the previous value of 2.8%.
Binance Alpha launches KiloEx (KILO)
According to the Binance APP page, Binance Alpha is launched on KiloEx (KILO).
Binance Wallet's KILO TGE activity has ended, with oversubsidized about 365 times
The exclusive KiloEx (KILO) TGE event launched by Binance Wallet has ended, with a total of 442,985 BNBs being raised, with a target of 1,213.94 BNBs being raised, with an oversubsidy of about 365 times. Previous news, Binance Wallet will launch 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 integrating USDC and USYC into a wide range of traditional financial markets, exchanges and clearing houses.
Glassnode: Bitcoin Whale has increased its holdings by more than 129,000 BTC since March 11
According to data tracked by blockchain analytics firm Glassnode, the 30-day change in whales shows that Bitcoin whales have increased their holdings by more than 129,000 BTC since March 11, and their momentum has increased dramatically in the past two days. This is the largest increase since late August 2024, indicating that the confidence of large players continues to grow.
Incoming SEC Chairman Paul Atkins owns $6 million in crypto-related assets
According to Fortune, President Trump's SEC Chairman Paul Atkins holds $6 million in crypto-related assets, including a total of $1 million in crypto-related assets, including crypto-custodial company Anchorage Digital and tokenization company Securities. Atkins reports that he owns up to $5 million in crypto investment firm Off the Chain Capital, a limited partner of the company. Off the Chain's investments include private stakes in large crypto companies such as Digital Currency Group (DCG) and Kraken. Previously, the U.S. Senate is scheduled to hold a qualification hearing for Paul Atkins to serve as SEC chairman on March 27.
QCP Capital issued an analysis pointing out that in the cryptocurrency market, market sentiment is still sluggish despite the striking catalysts. GME unexpectedly raised $1.3 billion for Bitcoin allocation, but has not boosted overall market sentiment. The only silver lining is the steady inflow of BTC ETFs, totaling US$944.9 million since its expiration on March 14, 2025. In contrast, the outflow of ETH ETF during the same period was US$112.1 million. This presents a clear divergence, reflecting the institutional beliefs of market divergence. On-chain development has brought some hope to ETH. With Pectra now successfully deployed on the Hoodi test network and expected a mainnet upgrade in the second quarter. Looking ahead to tomorrow's expiration date, BTC options worth $12.2 billion will expire with 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 down 10 volumes. Spot trading was sideways consolidation and OI continued to decline, indicating that the market generally lacked short-term optimism. As PCE index data will be released tomorrow, any upside space will remain limited in the near term as the market is waiting for the clarity of Trump's next move in the escalating trade war.
KiloEx announces KILO token economics, no team or investor tokens will be unlocked in the first year
KiloEx announced the economics of KILO tokens, with a total supply of tokens of 1 billion and an initial circulation supply of 21.17%. No team or investor tokens will be unlocked in the first year. The allocation details are as follows: Airdrop: 10% Ecosystem: 27% Binance Wallet Exclusive TGE: 5% Pledge Reward: 8% Strategic Investment: 10% Team: 20% Advisor: 5% Private Equity: 8% Liquidity Provider: 5% Marketing: 2% Previous news, Binance Wallet will launch KiloEx (KILO) exclusive TGE with a subscription limit of 3 BNB.
Binance Wallet will launch KiloEx (KILO) exclusive TGE, with subscription limit of 3 BNB
According to official announcement, Binance Wallet will launch KiloEx exclusive TGE in partnership with PancakeSwap: Start Date: 18:00 am on March 27 (UTC+8) End Date: 20:00 am on March 27 (UTC+8) Total raised amount: 750,000 USD (BNB) Available tokens: 50 million (5% of the total supply) Price per token: 0.015 USD (BNB) Subscription limit per Binance Wallet user: 3 BNB
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