According to Lookonchain monitoring, a whale is spending 15.7 million USDC to buy HYPE tokens. In the past two days, he has already purchased 563,238 HYPE tokens (worth 8.93 million US dollars) and set multiple limit orders between $12 and $14.63, preparing to continue buying with the remaining 6.49 million US dollars USDC.

On March 7th, according to community members' feedback, a deposit of 74 BTC was not recorded with the corresponding transaction hash on the mainnet yesterday. Currently, only 88 BTC of existing deposits remain on the Odin platform, indicating that the platform may have been hacked. In addition, crypto influencer Yuyue mentioned that the platform funds are temporarily unable to be withdrawn.

According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale wallet with the address 0x122f transferred 2,619 ETH (approximately $5.79 million) to the Kraken exchange 11 hours ago.

According to Ember monitoring, possibly due to the fact that the market did not meet expectations after Trump signed the Bitcoin Reserve Executive Order, a whale sold 7,358 ETH at a price of $2,154 in the past hour, exchanging it for 15.848 million USDS (Spark Protocol stablecoin): not only liquidating its own holdings of 5,372 ETH, but also borrowing 1,986 ETH to short sell.

According to The Data Nerd monitoring, 11 hours ago, the whale 0x122f deposited 2,619 ETH into Kraken (equivalent to $5.79 million).

Polymarket CEO Shayne Coplan posted on X, expressing that he is honored to represent Polymarket at tomorrow's White House digital asset roundtable meeting. Thank you for President Trump's invitation. This administration is committed to working with American innovators and revitalizing the American dream.

As monitored by The Data Nerd, 12 hours ago, a whale starting with 0x122f deposited 2,619 ETH (equivalent to $5.79 million) into Kraken.

Emirates NBD, one of the largest banks in Dubai, has launched a cryptocurrency trading service through its digital banking platform Liv. Users can now buy, sell, and trade cryptocurrencies on the Liv X app. The service is supported by Aquanow, a local digital asset company authorized by the Dubai Virtual Asset Regulatory Authority, with custody services provided by Zodia Custody, a subsidiary of Standard Chartered Bank.

Nallok, co-founder of the Solana ecosystem governance project MetaDAO, tweeted, "Regarding the improvement proposal SIMD-0228, I think what we see here is a wrong value system. We should focus on dynamic base fees (computational and network costs). Inflation should be controlled through direct payments to attract shares. Although I am pleased that everyone is interested in SIMD-0228, I don't think this is where we should focus. I believe it is likely to achieve its goals, but may not reach the scale it hopes for. If people want to see this happen, I suggest halving the impact, we can always come back to it, considering that implementation may take some time, we can be highly confident that it will proceed as expected, and if necessary, we can further accelerate it through future proposals."

According to Decrypt, US authorities have offered a reward of $10 million for the capture of former Canadian Olympic snowboarder Ryan Wedding. Wedding is accused of being heavily involved in operating a multinational cocaine empire. The Federal Bureau of Investigation (FBI) announced on Thursday that this Canadian has been placed on the top ten most wanted list in order to capture him as soon as possible.

Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that sources revealed that Trump may make a "major statement" on digital asset taxation at the White House Cryptocurrency Summit.

On March 6th, Startale CEO Sota Watanabe revealed on social media: "Today is an important day in Japan. The ruling party proposed to regulate cryptocurrencies under a new framework in the Financial Instruments and Exchange Act. If approved this year, it is very likely that the tax exemption for encrypted ETFs and taxes will be reduced from a maximum of 55% to 20%. I am 100% sure that more Japanese people will enter the world of blockchain."

The market shows BTC has fallen below $91,000, currently at $90,957.69, with a 24-hour increase of 3.49%. The market is volatile, so please manage your risks carefully.

On March 6th, Solana Foundation and the Solana Chinese community Solar will hold the DePIN Day event in Shenzhen, the hardware capital, on March 8th. Solana's emerging DePIN projects Cuddis, Starpower, Geodnet, Roam, Aethir, Gradient, and DeGlass have confirmed their attendance and will conduct on-site demonstrations and sharing.

The Securities and Futures Commission of Hong Kong warned the public to beware of an entity operating under the name "Linkbex" and suspected of engaging in fraudulent activities related to virtual assets. Linkbex falsely claimed to have connections with seven companies licensed by the Securities and Futures Commission in Hong Kong.

Tether, a stablecoin operator, has frozen $27 million in USDt on the sanctioned Russian Garantex crypto exchange, leading to the suspension of operations. Garantex announced on its official Telegram channel that Tether blocked wallets worth over 2.5 billion rubles, prompting the exchange to temporarily halt all services, including withdrawals. The European Union imposed sanctions on Garantex as part of the 16th package of sanctions against Russia's actions in Ukraine. Regulators in the US were the first to sanction Garantex, with the US Department of the Treasury's Office of Foreign Assets Control imposing sanctions in April 2022. Cointelegraph contacted Tether for a response on the freezing of Garantex wallets but did not receive a reply at the time of publication.

According to the Binance Customer Support account, the limit order function for the RED/USDT pre-market trading pair was faulty from 11:39 to 12:09 on March 6th (GMT+8), during which the market order function remained operational. Binance stated that they immediately fixed the issue upon discovery and apologized for any inconvenience caused to users. Binance promised that users who incurred losses due to this system issue can directly contact Binance customer service for feedback, and will receive corresponding compensation after verification.

According to Whale Alert monitoring, USDC Treasury minted 66,499,000 USDC on the Ethereum chain at 15:47, worth approximately $66,493,247.

On March 6th, it was reported that Sunil, the representative of FTX creditors, revealed that the cryptocurrency exchange Kraken has started sending emails to FTX clients confirming that the next round of FTX asset distribution will take place on May 30, 2025.

According to Lookonchain monitoring, two hours ago, an OG wallet deposited the remaining 301 BTC (27.9 million USD) into Binance. The whale purchased 801 BTC (8.25 million USD) at a price of 10,297 USD in August 2019, and sold all of them between September 18, 2024 and March 6, 2025, making a profit of 51.8 million USD.