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James Hunt
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✍️ Reporter @TheBlock__ 🗞️ Writer of The Daily http://theblock.co/newsletters 📨 jhunt@theblock.co ✉️DMs open. Opinions are my own.
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James Hunt
03-31
ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 ⚠️ Google warned that quantum computing may break Bitcoin earlier than thought and said it is preparing for a 2029 post-quantum transition. 💸 David Bailey's Nakamoto offloaded 284 BTC for $20 million — a 40% discount compared to its average acquisition cost. 🔮 Binance is set to launch a prediction market feature within its wallet app via Predict. Fun. 🧑‍⚖️ KuCoin's operator was ordered to block U.S. traders and pay a $500,000 CFTC penalty. 🏛️ The U.S. Department of Labor issued a proposed rule to open up 401(k) retirement plans to alternative assets, including crypto. 🇰🇷 KB Kookmin Card, one of South Korea's largest credit card companies, announced that it will build a hybrid stablecoin payment model with Avalanche. 💰 Crypto asset manager, market maker, and trading infrastructure provider Keyrock said it has raised "significant" new funding at a $1.1 billion valuation. 🪙 Standard Chartered said stablecoin usage is rising faster than expected as new use cases emerge. 🇦🇪 Dubai's Virtual Assets Regulatory Authority published its Exchange Services Rulebook, establishing mandatory governance, disclosure, and risk management standards for licensed VASPs offering crypto derivatives. 🤔 The team behind Bitcoin scaling solution Core is rolling out its first "franchise protocol," this time designed to add capabilities to the privacy-enabling blockchain Zcash. 📉 Bitcoin wobbled on Tuesday, briefly slipping below $66,000 as geopolitical risk and macro uncertainty continued to dominate price action heading into the end of the first quarter. 🧐 EU-regulated crypto-asset service provider Tesseract is launching a new investment vault platform designed for institutional and professional investors. 🇪🇺 Interactive Brokers launched crypto trading for eligible individual investors in the EEA, including BTC, ETH, SOL, and XRP. 🇧🇹 The Royal Government of Bhutan transferred approximately 374.9 BTC ($25.2 million) to an unlabeled address on Tuesday, continuing an accelerating outflow streak. 🤖 Chainalysis introduced "blockchain intelligence agents" trained on millions of investigations.
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James Hunt
03-30
ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 📈 Bitcoin gained on Trump's latest Iran comments, but analysts warned of continued geopolitical risk. 👀 The Ethereum Foundation staked a record $46 million worth of ETH, according to onchain data. ⛓️ Aave expanded to X Layer, OKX's Ethereum Layer 2, giving OKX Wallet users direct access to onchain lending within the wallet. 💸 U.S. spot bitcoin ETFs recorded a $296 million net outflow last week, while global digital asset investment products saw $414 million in withdrawals, according to SoSoValue and CoinShares data. 🤔 Bernstein signaled a potential bottom during Q1 earnings for Coinbase, Robinhood, and Figure stocks as crypto equities trade at steep discounts. ⏸️ Strategy paused its regular weekly bitcoin acquisitions between March 23 and March 29, retaining total holdings of 762,099 BTC. 📉 Dunamu, the operator of South Korean crypto exchange Upbit, reported a 10% decline in annual revenue for 2025 as trading activity cooled following a peak in 2024. 👻 Aave V4 officially rolled out on the Ethereum mainnet after over two years in development. 🤑 Ethereum treasury company Bitmine Immersion's holdings reached 4,732,082 ETH — worth around $9.8 billion at current prices — following its latest weekly acquisitions. 💰 Midas said it raised $50 million in a Series A round led by RRE and Creandum alongside multiple crypto and institutional investors.
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