Crypto trader gets sandwich attacked in stablecoin swap, loses $215K

A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of its value to a Maximum Extractable Value (MEV) bot.$220,764 worth of the USD Coin (USDC) stablecoin was swapped to $5,271 of Tether (USDT) in eight seconds as the MEV bot successfully front-ran …

Analyst That Called 2021 Crypto Collapse Predicts Relief Bounce With Altcoins Outperforming Bitcoin

An analyst known for nailing the end of the 2021 crypto cycle believes that Bitcoin’s drop below $80,000 is designed to lure BTC bears into thinking that the bull market is over. Pseudonymous analyst Capo tells his 942,200 followers on the social media platform X that he thinks Bitcoin is now process of carving a …

Binance Receives $2,000,000,000 Investment From Abu Dhabi Investment Firm MGX

The world’s largest crypto exchange platform by volume is receiving $2 billion worth of investments from a state-owned Emirate investment firm focused on technology and artificial intelligence (AI). In a new thread on the social media platform X, Binance announces that it will be taking its first institutional investment on record – a staggering $2 …

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

The video-sharing platform added 188 Bitcoin to its treasury as the US president attempts to establish a crypto stockpile in government. Video-sharing platform Rumble says it had purchased more than $17 million worth of Bitcoin as part of a previously announced investment strategy. In a March 12 notice, Rumble said it had added 188 Bitcoin …

Bitcoin dominance hits new highs, alts fade: Research

Bitcoin’s price has declined in 2025, but it has still outperformed other cryptocurrencies, according to Matrixport. Bitcoin’s (BTC) dominance has crested new highs as altcoins’ short-lived rally fizzles, according to data from Matrixport, a cryptocurrency financial services platform.  As of March 12, Bitcoin dominance — a measure of Bitcoin’s share of crypto’s overall market capitalization …

Binance whale selling slows, but Bitcoin miners may add market pressure

Bitcoin (BTC) whales on Binance appear to be reducing their selling pressure, but the potential for increased BTC sales from miners could introduce new downward pressure on the market. According to CryptoQuant’s community analyst Darkfost, whale activity on Binance, which handles some of the largest Bitcoin trading volumes, is showing signs of decline.  The exchange …

Law enforcement arrest Garantex co-founder in Indian coastal town

Indian authorities confirmed the arrest of Garantex co-founder Aleksej Besciokov, a Lithuanian national wanted by the US for allegedly laundering billions through the crypto exchange. Police apprehended Besciokov in Kerala’s coastal town of Varkala while he was vacationing with his family. Besciokov is accused of operating an unlicensed money-transmitting business and conspiring to commit money laundering. …

Public companies doubled Bitcoin holdings in 2024 as accumulation surpassed previous 5 years combined

The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data. Bitwise head of research Ryan Rasmussen highlighted that the number is twice as much Bitcoin as institutions accumulated in the previous five years combined. History of accumulation On Jan. 1, 2024, the amount of Bitcoin held by …

Russian central bank proposes 3-year crypto trial for select investors

The Bank of Russia has proposed a three-year experimental legal framework that would allow a limited group of investors to trade cryptocurrencies, marking a potential shift in the country’s digital asset regulations. The central bank announced on March 12 that it had submitted proposals to the Russian government for discussion. The initiative would grant access …

SEC reportedly preparing to drop Ripple lawsuit, XRP jumps 5%

The US Securities and Exchange Commission (SEC) is reportedly preparing to conclude its long-running lawsuit against Ripple, the issuer of XRP. Following the rumors, the XRP price climbed roughly 5% from $2.14 to $2.24 within an hour. It was trading at $2.23 as of press time. Citing two “well-placed sources,” journalist Eleanor Terrett reported that …

Texas Pushes Another Crypto Bill—$250M Investment Plan Unfolds

Texas is ramping up its crypto adoption, with a new bill allowing up to $250 million in public funds to be invested—solidifying its leadership in digital assets. Texas Bill Paves Way for $250M Crypto Investment The U.S. state of Texas is actively pursuing legislation to integrate bitcoin into its financial framework, with multiple bills aimed …

Indian Web3 Startups Raise $564M, Developer Community Expands

Indian Web3 startups saw significant growth in investment activity in 2024, raising $564 million, a substantial increase from the previous year. India now boasts the fastest-growing developer community and is projected to surpass the U.S. by 2028. Funding Still Below 2022 Peak In 2024, Indian Web3 startups raised $564 million, up from $270 million in …

Second Largest Spanish Lender BBVA Announces BTC and ETH Trading Services Platform

Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest lending institution in Spain and one of the largest in Europe, has announced the integration of crypto into an upcoming platform as part of its service offering. The development comes as the bank received approval from the country’s securities regulator to do so, mentioning bitcoin and ether only …

OKX Refutes Reports of Investigation by European Regulators Over Bybit Hack

OKX has denied a report that it’s being investigated by European regulators for failing to block Bybit hackers. OKX Says It Took Steps to Block Bybit Hackers OKX, the Seychelles-based cryptocurrency exchange, has refuted reports suggesting that it is being investigated by European regulators for failing to block Bybit hackers. OKX, which is subject to …

Bit Bonds: Newmarket CEO Proposes Bitcoin-Infused Strategy to Tackle National Debt

Andrew Hohns, founder of Newmarket Investment Management, unveiled a proposal for U.S. “Bit Bonds” designed to leverage bitcoin’s growth to reduce national debt, lower interest rates, and empower household savings during the Bitcoin Policy Institute’s March 11 summit in Washington, D.C. Bitcoin Bonds Could Slash U.S. Interest Rates, Boost Savings, Andrew Hohns Argues Speaking at …

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