Today's Highlights
1. Lido Finance Pauses ZKsync Deposits Due to Bridge Vulnerability
2. American Bitcoin Corp. Adds 11,298 ASIC Miners, Boosts Hashrate
3. South Korean Stock Market Triggers Trading Halt After 8% Drop
4. U.S. CFTC Chair Supports CLARITY Act Implementation
5. Ethereum Validator Queue Surpasses 3.4M ETH
Macro News
Bitcoin Maintains Support Near $66,000–$68,000 Amid Macro Pressures
Bitcoin traded in the $66,000–$68,000 range after a brief dip to approximately $63,000 triggered by Middle East escalation. Short-covering and ETF inflows provided resilience, though broader risk-off sentiment from dollar strength persists.
U.S. Supreme Court Declines to Hear AI-Generated Art Copyright Dispute
The U.S. Supreme Court declined to hear a case on whether AI-generated art can be copyrighted. The decision maintains the stance that human authorship is a prerequisite for copyright protection.
Ripple Receives Conditional Approval from the OCC
Ripple has received conditional approval from the Office of the Comptroller of the Currency (OCC), moving it closer to becoming a federally regulated U.S. trust bank.
CFTC Chair Mike Selig reiterated support for the CLARITY Act, stating the agency is prepared to implement the legislation during Trump's term to clarify digital asset regulation.
SOL Spot ETFs Record $1.03M Net Inflow on March 3
According to SoSoValue data, SOL spot ETFs recorded a net inflow of $1.03 million on March 3, with Franklin Solana ETF (SOEZ) leading with $732,100 in inflows.
Industry Hotspots
Lido Finance Pauses ZKsync Deposits After Bridge Vulnerability Detected
Lido Finance paused deposits on ZKsync after identifying a security weakness in the bridge contract. Current wstETH funds are not at risk, and withdrawals remain functional.
American Bitcoin Corp. Adds 11,298 Miners, Boosts Hashrate by 3.05 EH/s
American Bitcoin Corp. added 11,298 new ASIC miners, increasing its hashrate by 3.05 EH/s. This brings its total hash power to approximately 28 EH/s.
Ethereum Validator Queue Surpasses 3.4M ETH, Driven by Large Investors
The Ethereum validator queue has surged to 3.4 million ETH, driven by large investors and institutions opting for staking over selling.
Decentralized Cloud Storage Provider Akave Completes $6.65M Seed Round
Akave, a decentralized cloud storage provider, completed a $6.65 million seed round led by CVP NLH Advisors and Protocol Labs.
Uniswap Wins Landmark Legal Ruling, Exonerated from Liability for Fraudulent Projects
Uniswap has been exonerated from liability for fraudulent projects in a landmark legal ruling, reinforcing its position as a neutral platform.
KOL and Institutions
@VitalikButerin
Vitalik Buterin emphasizes the importance of execution in Ethereum's vision for "sanctuary technologies" that protect freedom and privacy. Projects like Kaspa are highlighted as examples of this vision.
@Fincoins
BTC: $68,106.19 (-0.57%), ETH: $1,973.82 (-2.13%), BNB: $631.57 (-0.75%), SOL: $86.83 (+0.95%), XRP: $1.36 (-1.84%), ADA: $0.26 (-4.19%).
@aicryptopattern
Morpheus AI ($MOR) and Power Protocol ($POWER) lead today's crypto moves. MOR at $2.59 (+101%), POWER at $0.32. Other top gainers include EEG, AVAIL, and PHA.
@Bitronix
February performance highlights for Bitronix Robots: JUGG (+179%), LINX (+1228%), and VORTEX (+3303%). Sharpe ratios indicate strong risk-adjusted returns.
@jason_pratbull
On-chain data suggests a risk-off move. SOL down -1.22%, ETH underperforms at -3.06%, and ADA leads declines at -5.83%.
@SnowyDeFAI
BTC: $66,911.00, ETH: $1,959.31, SOL: $83.94, AVAX: $8.99, SUI: $0.90. Market remains volatile with DeFi and AI sectors showing mixed performance.
@charles_mo95
Beta-adjusted watchlist includes $JST (low beta), $RIVER & $XPL (moderate), $XDC & $MNT (core hedges), and $NEAR & $UNITED (higher volatility).
Hyperliquid
Hyperliquid’s protocol removes over 33,000 HYPE tokens daily, projecting an annual reduction of over 12 million units. This token burn mechanism supports long-term value.
Lido Finance
Lido Finance paused ZKsync deposits due to a bridge contract vulnerability. Current wstETH funds are not at risk, and withdrawals remain unaffected.
BlackRock
BlackRock’s Bitcoin ETF (IBIT) recorded a $263 million inflow, its largest in over five months. The ETF’s total assets now exceed $62 billion.
Bitcoin ETFs
Bitcoin ETFs recorded a $458 million inflow in March, marking a positive start to the month. This reflects renewed institutional interest in Bitcoin.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.