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3/24
20:57
Svmuu News According to Onchain Lens monitoring, BlackRock withdrew 2,267 BTC from Coinbase in the past 10 hours, valued at approximately $158 million.
20:43
Svmuu News According to OKX market data, BTC has broken through 71,000 USDT and is currently trading at 71,006.7 USDT, with a 24-hour gain of 0.5%.
20:42
Svmuu News Recently, near-month WTI crude oil futures fell by 5.9% to $86.86 per barrel. Near-month Brent crude oil futures dropped by 6.6% to $97.57 per barrel. (Jin10)
20:38
Svmuu News Nikita Bier, Product Lead at X, posted on the X platform stating that starting Thursday, the X platform will update its revenue sharing incentive mechanism, increasing the weight of exposure in creators' regions to encourage content that resonates with users in their own country, neighboring countries, and those who speak the same language. This move aims to reduce behaviors that compete for attention through traffic gaming and promote diverse conversations on the platform. The X platform invites creators to start building local audiences.
20:34
Svmuu News According to Onchain Lens monitoring, two newly created wallets withdrew 67,111 ETH from Kraken, valued at approximately $145 million, and are suspected to be related to Bitmine.
20:29
Svmuu News OpenAI has announced the shutdown of its AI video generation platform Sora and related APIs, redirecting resources towards "world simulation research to advance robotics." This decision also halts a previously announced $10 billion investment partnership with Disney centered around Sora.
OpenAI stated that as the company continues to focus on its AGI roadmap and the computing power required to support agent AI capabilities, it has decided to cease operations of Sora as a consumer-facing application and API. However, the AI image generator built into ChatGPT will remain unaffected. The company will announce the shutdown timeline for the application and APIs, as well as user content preservation plans, at a later date.
According to reports, Sora's operational costs were approximately $15 million per day. OpenAI first launched the Sora text-to-video model in February 2024, followed by the release of the more advanced Sora 2 and a standalone mobile app supporting social video streaming and user "cameo" features. In December 2024, OpenAI and Disney announced a three-year agreement licensing approximately 250 Disney characters for AI video generation, covering franchises such as Frozen, Star Wars, and Marvel.
Disney stated that it respects OpenAI's decision to exit the video generation business and will continue to explore other avenues for collaboration with generative AI.
20:18
Svmuu: SpaceX plans to file for an IPO application as early as this week. (The Information)
20:16
According to Gate data, WTI crude oil has fallen below $88 per barrel, down 1.01% intraday.
20:14
Svmuu News Andrej Karpathy posted on platform X, stating that litellm has suffered a PyPI supply chain attack. Simply executing `pip install litellm` could steal SSH keys, AWS/GCP/Azure credentials, Kubernetes configurations, git credentials, environment variables, cryptocurrency wallets, SSL private keys, CI/CD keys, and database passwords. litellm has 97 million monthly downloads, and the risk spreads to all projects dependent on litellm, such as dspy. The malicious version containing the implanted code was live for less than about 1 hour before being discovered due to a flaw in the attack code causing Callum McMahon's machine to run out of memory and crash. Andrej Karpathy stated that supply chain attacks are one of the most threatening issues in modern software; each dependency installation can potentially introduce tampered packages deep within the dependency tree. He is therefore increasingly inclined to reduce dependencies and instead use LLMs to directly implement simple functionalities.
20:12
Svmuu News According to Gate data, spot gold has risen above $4550 per ounce, up 1.69% intraday.
20:12
Svmuu News According to an official announcement, Coinbase will add support for Perle (PRL). Users can now generate deposit addresses for PRL on coinbase.com, the Coinbase App, and Coinbase Exchange. The PRL deposit feature will become available once the PRL issuer enables transfers.
20:11
Svmuu News Robinhood has announced a new stock repurchase plan, authorizing the company to buy back up to $1.5 billion worth of its shares. After more than tripling last year, Robinhood's stock price has fallen 39% since the beginning of 2026. Robinhood's Chief Financial Officer Shiv Verma stated that this authorization reflects the management team and board's confidence in the company's ability to continue providing innovative products for customers, creating value for shareholders, and gradually returning capital. Verma assumed the role of CFO in February this year. The repurchase plan has no expiration date and is expected to be executed over approximately three years.
20:10
Svmuu News According to reports, on March 25 (Wednesday), the Nikkei 225 index opened up 816.80 points, a gain of 1.56%, at 53,069.08 points. The South Korean KOSPI index opened up 128.19 points, a gain of 2.31%, at 5,682.11 points on March 25 (Wednesday).
20:05
Svmuu Seer Channel monitoring shows that in the Polymarket prediction event "NBA Regular Season Hornets vs. Kings," an account with over $3.3 million in profit (address: 0x14964aefa2cd7caff7878b3820a690a03c5aa429) placed a $158,000 bet on the Hornets defeating the Kings, with an entry price of 93¢.
The NBA regular season game between the Hornets and the Kings started at 7 AM Beijing time this morning and is currently at halftime. The current score is 72-47, with the Hornets leading by 25 points. The Hornets' win price is temporarily quoted at 99.6¢.
Svmuu Seer Channel continues to monitor the prediction market, seeing changes before they are priced in.
Account with over $3.3 million in profit purchases $150,000 on Hornets defeating Kings in NBA regular season
17:48
Svmuu News Duncan Moir, President of 21Shares, stated that as the crypto market matures beyond simple price-tracking funds, actively managed exchange-traded products will become the next stage of crypto investment. Data compiled by Morningstar and Goldman Sachs Asset Management shows that as of the end of 2025, global assets under management for actively managed ETFs are close to $1.8 trillion.
Duncan Moir pointed out that crypto, as an emerging and growing asset class, is particularly suitable for active management; 21Shares combines single-asset bottom-up research with quantitative and proprietary top-down strategies to manage risk and allocation, and has expanded its portfolio management and trading teams. Duncan Moir added that following FalconX's acquisition of 21Shares in October, the integration of the two parties is expected to accelerate product development, especially in the direction of more complex products.
Duncan Moir noted that demand for crypto ETPs and ETFs varies across regions. In Europe, due to a more mature investor base, institutions already holding Bitcoin and Ethereum are seeking to further increase their crypto allocations. Against this backdrop, 21Shares recently launched an exchange-traded product in Europe linked to Strategy's preferred shares (STRC), providing exposure to a high-yield instrument related to the company's Bitcoin capital strategy, and stated that early demand for this product has been strong in multiple regions.
The report mentioned that as the crypto ETP and ETF market develops, issuers are launching more complex structures, with staking becoming one of the growth directions; Grayscale introduced staking into its ETPs in October, and BlackRock launched a Nasdaq-listed Ethereum product with a staking mechanism in March, recording $15.5 million in trading volume on its first day. Duncan Moir said that 21Shares evaluates new products based on internal research, client demand, and market trends, citing its Bitcoin and Gold ETP as an example, which has been operating for four years and was recently cross-listed in London. (Cointelegraph)
17:31
Svmuu According to the Financial Times, Iran has circulated a letter to member states of the International Maritime Organization (IMO), stating that "non-hostile vessels" can pass through the Strait of Hormuz after "coordinating with Iranian authorities." In this letter distributed to IMO member states on Tuesday, the Iranian Ministry of Foreign Affairs stated that Iran has "taken necessary and proportionate measures to prevent aggressors and their supporters from using the Strait of Hormuz to advance hostile actions against Iran." Currently, approximately 3,200 vessels are stranded in the Persian Gulf, and since the conflict began, at least 22 ships have been attacked by Iran. The IMO held an emergency meeting of member states last week and is negotiating to establish a humanitarian corridor to allow vessels with severe supply shortages to exit the Persian Gulf. Recent vessel tracking data indicates that Iran is allowing a small number of vessels to pass through a route within its territorial waters. Analysts believe this route allows Iranian authorities to verify the identity of vessels before granting passage.
17:31
Svmuu News According to a report by The Washington Post, court records show that a senior aide to U.S. Department of Justice official Jeannie Pirro admitted during a closed-door hearing this month that the Department of Justice has no evidence of wrongdoing in its criminal investigation into Federal Reserve Chairman Powell regarding the renovation costs of the Federal Reserve building.
17:30
Svmuu According to a report by Israel's Channel 12, the United States may soon announce a one-month ceasefire regarding the Iran war, a mechanism promoted by US Middle East envoys Wittkoff and Kushner. As of the time of writing by Jin10, no other authoritative media have reported on this matter. Eamonn Sheridan, an analyst at the Investinglive website, stated that this news may indicate a short-term reduction in geopolitical risks. The reaction in the energy markets aligns with the trend of some war risk premiums being removed. The decline in oil prices reflects that the energy market remains highly sensitive to any signs that regional tensions may ease, even if temporarily. While a ceasefire of this duration may not necessarily resolve the broader conflict, it suggests a potential reduction in hostilities in the short term, thereby lowering the risk of disruptions to regional energy infrastructure and shipping lanes. For traders, the key point is that oil prices have been carrying a significant risk premium related to fears of a broader escalation of the situation. Any reports hinting at a possible formal pause in the conflict could trigger rapid market repricing, especially when positioning is skewed towards concerns about supply risks. This appears to be the case now. However, the sustainability of this move may depend on subsequent official confirmation of the report and whether the proposed ceasefire mechanism receives clear support from the relevant parties. Currently, this news points to an ongoing process rather than a finalized agreement. Therefore, the market will continue to closely monitor subsequent developments, including official statements, remarks from Israeli and US officials, and any response from the other side. (Jin10)
17:28
Svmuu News: Ethereum block builder Eureka Labs announced the completion of a $6.7 million seed round of financing, led by Spark Capital and Collider Ventures.
It is reported that the company introduced the concept of "programmable blocks," which incorporates executable logic during the block building phase. This allows blocks not only to bundle transactions but also to enable more complex functionalities, such as temporary fund calls, advanced computations, and more granular transaction ordering.
Eureka Labs was founded in December 2024 and has already become the fourth-largest block builder on Ethereum. However, its market share is approximately 1.5%, indicating a significant gap compared to the leading builders. This round of financing was completed in two stages: $4.7 million was raised in April 2025, followed by an additional $2 million in June. The company stated that the funds will be used to expand its block building technical capabilities and promote the application of "programmable blocks" within the Ethereum ecosystem.
17:01
Svmuu News: Robinhood's board of directors approved a $1.5 billion share buyback plan on Tuesday. Robinhood's Chief Financial Officer, Shiv Verma, stated that this authorization reflects the management and board's confidence in continuously launching innovative products for customers and creating value for shareholders.
The company indicated it expects to execute this $1.5 billion authorization over approximately the next three years, while retaining the flexibility to accelerate buybacks when market conditions permit. Previously, the board approved a $1 billion buyback plan in May 2024 and an additional $500 million plan in April 2025.
In recent years, Robinhood has increased its focus on crypto business, including promoting 24/7 on-chain stock trading and offering tokenized exposure to large private companies for non-U.S. customers; its Arbitrum-based Ethereum Layer 2 network, Robinhood Chain, has already launched its testnet. (The Block)
16:27
Svmuu News According to OKX market data, SOL has broken through $90 USDT and is currently trading at $90.02 USDT, with its 24-hour loss narrowing to 1.76%.
16:26
Svmuu News: OKX market data shows that BTC has rebounded above 70,000 USDT, currently trading at 70,010.2 USDT, with its 24-hour decline narrowing to 1.05%.
15:36
Svmuu News Lido stated that its total revenue last year was $40.5 million, a 23% decrease year-on-year, compared to $52.4 million the previous year. Its gross income fell by 18.2%, attributed to factors including net staking outflows due to user withdrawals and a decline in staking rewards.
Lido pointed out that structural changes occurred in Ethereum staking in 2025, with network APR compression, capital shifting from Simple LST to exchange and institutional staking, and intensified competition shrinking the size of its leading market segment. The protocol noted that its market share has diminished, and the proportion of Simple LST in total staking continues to decline.
Lido stated it is evaluating an LDO buyback program, which may be launched in the second quarter of this year. The plan is to use staking rewards generated by the protocol to purchase LDO on the open market and allocate them to the LDO and wstETH liquidity positions held by the DAO. The protocol laid off 15% of its staff last August to ensure long-term sustainability.
Lido stated its goal for 2025 is to expand into new services beyond its core staking products, targeting institutional investors and users seeking higher yields. It disclosed that WisdomTree, with assets under management of $140 billion, launched an Ethereum-based ETP in Europe and obtains staking rewards through the decentralized Lido protocol. (The Block)
15:26
Svmuu News BNY Mellon CEO Robin Vince stated at the Digital Asset Summit in New York that the next phase of adoption in the crypto industry will depend on large financial institutions, as banks can bridge traditional finance with the digital asset ecosystem.
Robin Vince mentioned that BNY Mellon already offers digital asset custody services and emphasized that tokenization is a key focus, including creating new digital share classes for money market funds and issuing existing products in tokenized form. He also pointed out that sectors such as lending and real estate may be among the first to benefit from tokenization.
Robin Vince emphasized that trust and regulation will influence the pace of industry development, stating the need for a clear regulatory framework and "definitive rules." He added that the U.S. GENIUS Act has been passed, while a revised version of the Digital Asset Market Clarity Act is still advancing. The draft's treatment of stablecoin yields remains controversial, with the latest compromise allowing rewards related to user activity but not permitting interest payments on stablecoin balances. He also noted that institutional participation still relies on security and regulation, describing this process as a 5 to 15-year journey.
Amy Oldenburg from Morgan Stanley stated that banks' expansion into the crypto space is not driven by hype but is a progression following years of infrastructure development. (CoinDesk)
14:46
Svmuu News Lombard and Bitwise Asset Management announced a partnership at the Digital Asset Summit in New York, aiming to provide institutions with solutions to earn yield and borrow against BTC as collateral without moving assets out of custody. The initiative targets the scale of BTC assets held under institutional custody.
Bitwise will develop yield strategies that combine DeFi lending with tokenized real-world assets. The decentralized lending protocol Morpho will provide the infrastructure for BTC-backed loans.
The platform utilizes native Bitcoin tools such as Partially Signed Bitcoin Transactions (PSBTs) and timelocks to verify collateral, enabling positions to be represented on-chain without transferring or restaking the underlying assets. Phillips stated that Bitcoin Smart Accounts can simultaneously reduce custody, cross-chain bridge, and counterparty risks.
The solution targets high-net-worth individuals, asset management firms, and corporate treasuries. It is scheduled to launch in Q2 2026, with plans to add more custodians and protocols to expand coverage. Lombard estimates that approximately $500 billion worth of BTC is held in institutional custody. DefiLlama data shows that the total value locked (TVL) of BTC in DeFi is around $2.93 billion, with a market cap of approximately $1.4 trillion. As of press time, Babylon Protocol's TVL is about $2.8 billion, while Lombard's is around $744 million. (Cointelegraph)
13:45
Svmuu News According to OKX market data, BTC has fallen below 69,000 USDT and is currently trading at 68,967.7 USDT, with a 24-hour decline of 2.71%.
12:42
Svmuu News According to the official announcement, in order to enrich trading options and improve user experience, CoinAn's contract platform will launch METAUSDT, NVDAUSDT, and GOOGLUSDT stock perpetual contracts in batches on March 26, 2026, with a maximum leverage of 10 times. Among them, METAUSDT contracts will go live at 14:30 (UTC), NVDAUSDT contracts at 14:40 (UTC) and GOOGLUSDT contracts at 14:50 (UTC).
12:21
Svmuu News Pumpfun co-founder alon posted on the X platform, stating that the platform has updated its token fee mechanism to reduce manipulation. Under the new rules, each token defaults to a standard creator fee. Creators have only one opportunity to redirect the fee to another address, after which it will be permanently locked unless adjusted through a CTO process. Previously, creators could change the fee allocation multiple times, which had led to manipulation and user dissatisfaction. The update also applies to existing tokens; tokens that have already set a fee allocation will be locked, while those that have not will retain one modification opportunity.
12:13
Svmuu News Morgan Stanley's Head of Digital Asset Strategy, Amy Oldenburg, stated that Wall Street's push into the crypto business is not driven by FOMO, but rather the result of years of internal work on modernizing financial infrastructure.
She pointed out that Morgan Stanley is expanding its digital asset strategy into areas such as trading, asset management, and infrastructure. Previously, the bank's related business primarily focused on providing high-net-worth clients with exposure to Bitcoin funds and offering spot Bitcoin ETFs on its E*Trade platform. The bank has also recently filed an application to launch its own spot Bitcoin ETF.
Amy Oldenburg disclosed that Morgan Stanley plans to support tokenized stock trading on its alternative trading system in the second half of 2026. This platform currently handles stocks, ETFs, and American Depositary Receipts. She also emphasized that upgrading decades-old core banking systems, improving system connectivity, and coordinating progress across the global financial network remain major challenges, despite the rising attention on tools like stablecoins and the continued accumulation of institutional-side crypto activity. (CoinDesk)
12:11
Svmuu News On Tuesday during early U.S. stock market trading, the stock price of USDC issuer Circle (CRCL) fell by up to 18%, while crypto platform Coinbase (COIN) dropped approximately 8%.
CoinDesk reported that the latest draft of the U.S. Clarity Act proposes to restrict rewards on stablecoin balances, including prohibiting rewards for passive stablecoin holdings and banning structures that are "economically equivalent to interest." Mizuho analyst Dan Dolev stated that the draft could prohibit payments of earnings solely for holding stablecoins and restrict any practices that make such programs equivalent to bank deposits in any aspect.
The report mentioned that the GENIUS Act previously prohibited issuers from directly paying yields to users, but issuers and platforms arranged rewards through methods like distributing earnings from reserve assets; among them, Circle earns interest on assets backing USDC and shares it with Coinbase, which then provides rewards to users. Keyrock digital asset researcher Amir Hajian indicated that the latest Clarity Act draft, by prohibiting arrangements "economically equivalent to interest," targets the aforementioned "earnings pass-through" model.
Furthermore, USDT issuer Tether announced it has hired one of the "Big Four" accounting firms to conduct a comprehensive audit of its USDT reserves. The report also noted that this decline occurred after Circle's stock price had surged 170% cumulatively since early February. Clear Street analyst Owen Lau suggested the market reaction might be excessive; market participants are also factoring in expectations for interest rate hikes. (CoinDesk)

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