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πŸ₯· Stone Ridge Sues Mawson Over Theft of 20,000+ ASIC Miners

Stone Ridge, the parent company of NYDIG, has filed a lawsuit against Mawson, accusing it of illegally seizing over 20,000 ASIC miners worth $30M. Mawson allegedly redirected the hash rate to mine Bitcoin for itself, earning $100,000–$200,000 daily. Stone Ridge demands a court order to regain access to the equipment and halt unauthorized mining operations.

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πŸ“£ Off the Grid Sees Thriving Black Market Ahead of Avalanche-Based GUNZ Mainnet

With Off the Grid’s GUNZ mainnet launch approaching, eager players are already trading rare skins and GUN tokens on the black market due to lack of on-chain trading options. Some high-value items have sold for thousands of dollars, despite marketplace risks. Gunzilla Games aims to launch full on-chain trading by Q1 2025, but until then, underground trading continues to flourish.

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πŸ“£ This Week in Bitcoin: Trump’s Tariffs and BTC Reserve Shake Markets

Bitcoin saw high volatility this week, swinging between $94,770 and $82,681, as Trump’s trade tariffs and Bitcoin reserve plans unsettled investors. Meanwhile, Bitcoin ETFs bled $740M, marking another week of outflows. Trump’s Bitcoin reserve executive order confirmed that altcoins will be stored separately, while Treasury and Commerce officials will develop strategies for further BTC accumulation. In Texas, a state-managed Bitcoin reserve bill advanced in the Senate, pushing the state closer to holding digital assets.

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πŸ“£ Arkham Introduces Tagging System to Track Crypto Influencers’ Wallets

Blockchain analytics firm Arkham Intelligence has launched a new tagging system to track crypto transactions of influential figures with over 100,000 followers. The database currently includes 950 addresses, linking wallets to notable figures such as Vitalik Buterin, Justin Sun, and even President Donald Trump.

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πŸ“£ CoinGecko: TRUMP and MELANIA Memecoin Launch Marked Market Peak

A CoinGecko report suggests that the memecoin sector peaked with the launch of TRUMP and MELANIA tokens, which initially surged but later crashed. The LIBRA token, tied to Argentina’s President Milei, further fueled the decline. Since February 3rd, memecoin market cap has dropped 32%, with trading volumes down 72%. Despite this, memecoins are expected to remain, though only a small fraction will survive long-term.

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❕ FIFA Considers Launching Its Own Cryptocurrency Token

At Trump’s White House Crypto Summit, FIFA President Gianni Infantino expressed interest in developing a FIFA token to engage its 5 billion global fans. He emphasized the potential of launching it from the U.S., though no timeline was provided. Following the announcement, an unrelated FIFA token surged 357,000%, though it is not affiliated with FIFA. The move signals FIFA’s growing interest in blockchain technology, especially ahead of the 2026 World Cup.

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πŸ“£ Bubblemaps Launches $BMT on March 11

$BMT will fuel Intel Desk, enabling community-driven on-chain investigations. Holders get premium Bubblemaps V2 tools, including P&L tracking, cross-chain analytics, and AI insights. Supply: 1B $BMT on Solana.

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❕ CZ Calls on Elon Musk to Ban Bots on X

Binance co-founder Changpeng Zhao (CZ) has urged Elon Musk to ban bots on X, citing their role in spamming, impersonation, and phishing scams within the crypto space. CZ suggested disabling API posting while allowing AI-generated tweets from users. The crypto community has long demanded action against bots, with Musk previously proposing measures like small credit card fees to deter fake accounts.

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πŸ“£ Amir Taaki: "Crypto Failed to Achieve Its Vision"

Early Bitcoin developer Amir Taaki argues that crypto has strayed from its original purpose, becoming assimilated into existing power structures rather than challenging them. He critiques the ecosystem for lacking ideological authenticity and warns that without a new "regime of truth," crypto will continue to fall short of its revolutionary potential. Despite this, Taaki sees an opportunity for decentralized power shifts and calls for stronger organization to reshape the movement’s direction.

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πŸ“£ Ethos Network Aims to Bring Reputation On-Chain

Ethos Network is building an on-chain reputation system to increase trust in crypto by allowing users to vouch for each other and stake funds as credibility backing. The platform assigns credibility scores, with mechanisms to penalize bad actors. Still in its early stages, Ethos is invite-only but plans to expand with features like ZK-proof-based anonymous reviews. While the team has not confirmed a token, its XP system suggests future rewards for users.

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❕ Arthur Hayes Predicts Bitcoin Could Drop to $70K-$75K

Arthur Hayes warns that Bitcoin may retest $78,000 and, if it fails to hold, could fall to $75,000. He also notes significant open interest in options between $70K-$75K, which could lead to a sharp decline if BTC enters that range.

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πŸ“£ World Liberty Financial Faces $110M in Unrealized Losses

World Liberty Financial's unrealized losses have reached $110 million, with Ethereum accounting for the majority of the decline. The fund's initial $336M investment in nine major crypto assets is now valued at $226M, as ETH, which makes up 65% of the portfolio, has dropped from an average $3,240 purchase price to $2,070.

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πŸ”₯ BBVA Opens Bitcoin & Ethereum Trading in Spain

Spain’s BBVA received approval from the CNMV to offer $BTC & $ETH trading via its mobile app. The bank will self-custody assets and roll out services gradually. This move aligns with the MiCA framework, as TradFi firms race to integrate crypto before the July 2026 compliance deadline.

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πŸ“£ Coinbase Derivatives to Launch 24/7 Crypto Futures Trading

Coinbase Derivatives is set to become the first U.S.-regulated exchange to offer round-the-clock Bitcoin and Ethereum futures trading, aligning with global crypto markets. The platform is also developing perpetual-style futures with extended expirations, allowing traders to maintain positions indefinitely while complying with U.S. regulations.

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❕ Notcoin (NOT) Launches Not Games as TON User Base Shrinks

Notcoin is introducing Not Games, a multi-title gaming ecosystem featuring Game Profiles, shared inventories, and an in-game marketplace using NOT tokens. The move comes as TON’s daily active users plummet from 2.4M in October 2024 to just 130K in early 2025, and Notcoin’s popularity declines despite a Kraken listing.

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❕ Cayman Islands Imposes New Licensing Rules for Crypto Firms

Starting April 1, 2025, all crypto firms in the Cayman Islands must obtain a Virtual Asset Service Provider (VASP) license from the Cayman Islands Monetary Authority (CIMA) within 90 days. The new regulations require VASPs to disclose asset holdings, revenue, and hardware locations as part of compliance measures. Key players like Blockchain.com and Crypto.com must now align with these updated requirements.

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πŸ”₯ Binance Hosts Bubblemaps TGE, BMT Listing Rumors Grow

Binance launched Bubblemaps’ (BMT) Token Generation Event (TGE) on PancakeSwap, raising $800,000 with a 3 BNB cap per user. BMT’s price surged, fueling speculation of a Binance listing, similar to MyShell (SHELL). Binance warned users to verify contracts as official trading begins post-TGE.

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πŸ”₯ Strategy Plans $21B Bitcoin Raise as Crypto Funds Face Heavy Outflows

Strategy (formerly MicroStrategy) is seeking to raise up to $21 billion through STRK perpetual stock offerings to buy more Bitcoin. The company already holds 499,096 BTC, worth around $40 billion. Meanwhile, global crypto funds saw another $876 million in outflows last week, marking a total of $4.75 billion over four weeks, signaling "capitulation" among investors.

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⏬ Solana’s Revenue Plunges 93% as Memecoin Mania Fades

Solana’s network revenue has dropped 93% from its January peak, with memecoin platform Pump.fun seeing daily earnings collapse by 95%. DeFi TVL on Solana has nearly halved, and SOL has fallen 58% from its all-time high. As speculative hype fades, Solana faces the challenge of sustaining growth through core DeFi and real-world applications.

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πŸ“£ VanEck Prepares to File for Spot AVAX ETF

VanEck has registered a trust organization in Delaware, a move that often precedes filing for a spot ETF with the SEC. If approved, this would be the first AVAX spot ETF in the U.S. VanEck already operates a similar fund in Europe. AVAX reacted with a modest 5% price increase but remains down 52% year-to-date.

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