According to IntoTheBlock data, the total amount of BTC held by whales has dropped to the lowest level since 2019, hitting a new low in six years.

Around 17:48 local time this afternoon, Yoon Seok-yul was released and left the Seoul detention center to return to the presidential residence. Yoon Seok-yul was arrested on January 15 this year and entered the Seoul detention center on January 19, becoming the first president of South Korea to be sent to a detention center while in office. After being released, Yoon Seok-yul will continue to undergo trial in a non-detention status, including the impeachment case and criminal cases involving charges of insurrection. Currently, the public hearings of the constitutional court in South Korea on Yoon Seok-yul's impeachment case have all concluded, and a verdict is expected in mid-March, while the trial on charges of insurrection is still ongoing.

On March 8th, the official account of the Chinese AI intelligent body enterprise ManusAI has been restored. "We are back, just a reminder, this is our only official account, and we will continue to share cool use cases in the future, stay tuned." ManusAI (ManusAI_HQ) official account pointed out. Manus' chief scientist and co-founder Ji Yichao also announced this news for the first time, and reiterated: "Manus has never participated in any cryptocurrency projects, token issuance, blockchain launches, etc. Any virtual currency with a similar name, claims related to us are false." 

US Congressman Hill said that Trump should cooperate with Congress on the issue of Bitcoin reserves.

According to crypto analyst Ali Martinez, data revealed on Platform X shows that Bitcoin miners have not engaged in selling behavior since February 28th.

According to DefiLlama data, the total market value of stablecoins on the entire network is reported to be $2273.59 billion, with a growth of 1.03% in the past week, and USDT's market share is 62.98%.

On March 8th, Linea Discord community administrators stated that the TGE will not take place in Q1. The team will announce progress once the final schedule is determined. In November last year, the Ethereum zkEVM L2 Rollup Linea developed by ConsenSys announced the establishment of the Linea Association, aimed at promoting Linea governance. Previous reports indicated that the project's TGE would take place in Q1 of this year.

CZ shared his thoughts on tokenizing KOL time on Binance Square. CZ said that YZiLabs may invest in a project that uses BNB/BSC as the main payment option to develop a good MVP. This should require a few days/weeks of coding and security review. If the platform is secure enough, I will be the first user.

Santiment posted on X platform that in the past 48 hours, whales have purchased 1.1 million ETH.

The Financial Industry Regulatory Authority (FINRA) in the United States issued a press release on March 7th local time, stating that it has ordered Robinhood Financial to pay $3.75 million to customers, and fined Robinhood Financial and Robinhood Securities $26 million for violating multiple FINRA rules, including failing to respond to warning signs of potential improper behavior. In the settlement agreement, both companies accepted the findings of the FINRA investigation without admitting or denying the charges, and agreed to commit to addressing the related issues.

Offchain Labs CEO Steven Goldfeder said that the US cryptocurrency reserves should only focus on Bitcoin at least for now. Goldfeder believes that Bitcoin has emerged in a universally accepted way and focusing on Bitcoin is the cleanest and easiest move. He said that allowing other assets into the market is risky because regulatory agencies do not understand the complexity of all cryptocurrencies and do not know who is pushing for each cryptocurrency to be included in the market. In addition, if the US were to establish reserves focused on US cryptocurrencies, Steven Goldfeder believes that Arbitrum's native token ARB should be at the top.

Former U.S. Securities and Exchange Commission (SEC) commissioner Michael Piwowar said in an interview that compared to other cryptocurrency-related issues, Memecoins may be a case that the SEC can more easily resolve. He said that Memecoins can be considered commodities, but the Commodity Futures Trading Commission must publicly declare this.

The Solana SIMD-0228 proposal has now started voting. According to Dune data, the current approval rate is 7.4% and the disapproval rate is 1.1%.

The South Korean Prosecutor's Office gave up appealing the court's decision to "cancel the detention of Yoon Suk-yeol" on the 8th, and Yoon Suk-yeol will be released later. (Jinshi)

Data from L2BEAT shows that the total value locked in the Ethereum Layer2 network is currently $32.9 billion, with a 4.98% decrease in the past 7 days. The top five locked values are:

David Sacks, the White House cryptocurrency chief, dodged questions about potential conflicts of interest between U.S. President Trump and cryptocurrencies during an interview on Friday, saying that Trump's personal digital asset projects (such as controversial meme coins) are "irrelevant" to government policy. When asked if Trump's cryptocurrency projects affect industry regulation, Sacks said, "I don't think it has any impact, it's not related to the work we're doing here." Later, when asked about Trump's "personal investments" in cryptocurrencies like Bitcoin, Sacks sharply refuted, saying "these are baseless claims," and that there is no evidence to suggest that Trump has personal investments in cryptocurrencies like Bitcoin.

According to Onchain Lens monitoring, a whale redeemed 36,156 SOL (5.05 million US dollars) after pledging for a year, making a profit of 1.51 million US dollars. Initially, this whale pledged 32,999 SOL on February 10, 2024, and made a profit of 3,157 SOL from the pledge.

The Office of the Comptroller of the Currency (OCC) issued a new letter, announcing the revocation of Interpretation Letter 1179 issued on November 18, 2021, and reaffirming that the activities related to cryptocurrency custody, distributed ledger, and stablecoins discussed in the previous letter are allowed.

On-chain analyst Ali posted on X that whales have bought over 30,000 BTC in the past two weeks.