20% of South Korean Government Officials Report Crypto Investments, Sparking Controversy
Recent asset declarations have shown that 20.1% of South Korean government officials, totaling 411 out of 2,047, have reported owning digital assets worth KRW 14.4 billion (around $9.83 million). Among these officials, Seoul City Council Member Kim Hye-young stands out with crypto holdings valued at 1.7 billion KRW (approximately $1.16 million), including investments in Bitcoin, Ethereum, Dogecoin, and XRP. Following Kim, Seoul City Councilor Choi Min-gyu declared holdings worth 1.62 billion KRW ($1 million), which include XRP and Artidium, while Busan-Ulsan Expressway CEO Kim Ki-hwan ranked third with 1.43 billion KRW in crypto, primarily in Luna Classics and other altcoins. These revelations point to a growing trend of government officials entering the cryptocurrency market, raising concerns about potential conflicts of interest and the necessity for stricter regulations in this rapidly evolving sector.
2025-03-28 09:59:38
US spot Bitcoin ETF had a net inflow of $89.03 million yesterday
according to Trader T monitoring, the net inflow of US spot Bitcoin ETF was $89.03 million yesterday.
2025-03-28 09:59:36
Tether invests 10 million euros to acquire 30.4% stake in Be Water
Tether announced a strategic investment in the innovative media company Be Water, through a €10 million capital increase and equity acquisition. Tether will acquire 30.4% of Be Water's shares by the end of this month. Be Water specializes in producing and distributing audio, video, film, and live content.
2025-03-27 20:03:11
Sonic announces TVL surpasses $1 billion
Sonic officially announced that its Total Value Locked (TVL) has surpassed 1 billion dollars.
2025-03-27 20:03:09
Incoming SEC Chairman Paul Atkins Owns $6 Million in Crypto-Related Assets
On March 27th, according to Fortune, SEC Chairman nominee Paul Atkins holds up to $6 million in crypto-related assets, including $1 million in equity in crypto custody company Anchorage Digital and tokenization company Securitize. Atkins reported that he holds up to $5 million in shares in crypto investment firm Off the Chain Capital, where he is a limited partner. Off the Chain's investments include private shares in large crypto companies such as Digital Currency Group (DCG) and Kraken.
2025-03-27 20:03:08
Pancake Swap may launch an independent IDO activity, and the subscription token will be CAKE
On March 27th, according to @ai_9684xtpa monitoring, an hour ago, a new CreateIDO transaction was created at the address that created the KiloExIDO event, with the difference being: this new IDO is suspected to be subscribed with CAKE as the token, instead of BNB; the duration has changed from 2 hours to 4 days; the associated contract has changed from IDODeployerV2 to IDO DeployerV3; @ai_9684xtpa suggests that this may be different from the IDO within Binance Wallet, but rather an independent new project on the Pancake Swap platform.
2025-03-27 19:06:24
Spot gold returns to above $3,050/ounce, setting a new one-week high
spot gold returned above $3050/ounce, hitting a one-week high and rising more than 1% during the day.
2025-03-27 19:06:22
A whale redeemed 30,000 SOL and 11.97 million USDC from Drift, with an estimated loss of $1.24 million
On March 27th, according to Onchain Lens monitoring, a whale redeemed 30,000 SOL ($4.15 million) and 11.97 million USDC from Drift, and deposited them into Binance. The whale lost $1.24 million worth of SOL.
2025-03-27 19:06:21
Mysten Labs: Some users encountered problems using Sui Wallet to receive Walrus airdrop
Mysten Labs stated that they have noticed some users encountering issues when claiming the Walrus airdrop using Sui Wallet. The team is actively working to resolve the problem.
2025-03-27 19:06:19
Binance Wallet KiloEx TGE has raised over 200,000 BNB, oversubscribed by 170 times
according to the relevant page, the Binance Wallet KiloEx TGE has now opened for investment, with the end time at 20:00 on March 27th Beijing time. Currently, 206,451 BNB have been raised, which is about 170 times oversubscribed.
2025-03-27 19:06:18
Walrus: WAL airdrop claim website is now open
Walrus has announced that the WAL airdrop claim website is now open to Walrus Airdrop NFT holders.
2025-03-27 19:06:16
Harpie announces closure of on-chain firewall business due to financial difficulties
On March 27th, according to The Block, the company announced that Harpie, a web3 security provider supported by Coinbase Ventures, has immediately shut down its on-chain firewall business due to financial difficulties. The company raised $4.5 million in seed funding in September 2022 from venture capital firms such as Dragonfly Capital, Coinbase Ventures, and OpenSea.
2025-03-27 19:06:15
Analyst: Gold remains the most reliable hedge against Trump's tariffs
Ipek Ozkardeskaya, a senior analyst at Swiss Bank Baosheng, said: "Gold is still the most reliable hedge against Trump's tariffs." President Trump announced on Wednesday a 25% tariff on all imported cars, intensifying the global trade war. Economists are concerned that this may slow economic growth and trigger inflation, and it is expected that the United States will impose retaliatory tariffs on its trading partners next week. Traders are now waiting to see how the dollar reacts to the Personal Consumption Expenditures Price Index data on Friday. However, analysts at Peak Trading Research stated: "Given that we just heard Powell's speech last week, this data will not have a significant impact - the Fed is not in a hurry, and the inflation caused by tariffs is 'temporary'."
2025-03-27 19:06:14
Data: 47,380 ETH transferred from Ceffu to an unknown wallet
On March 27th, according to Whale Alert monitoring, 47,380 ETH ($96,377,397) was transferred from Ceffu to an unknown wallet.
2025-03-27 19:06:13
A trader spent 3.12 SOL to buy Ghibli and currently has a profit of more than 125 times
On March 27, according to GMGN monitoring, a trader spent 3.12 SOL to buy Ghibli. Currently, they have sold some Ghibli and exchanged it for 177.08 SOL. They still hold Ghibli that can be exchanged for 215.08 SOL, with a total profit exceeding 125 times.
2025-03-27 16:01:20
Harpie announces closure of all services, users need to disconnect wallets in time
on-chain firewall provider Harpie has announced that it has decided to immediately shut down its services and has reminded users to disconnect their wallets from Harpie RPC. Harpie stated that, due to the inability to establish a sustainable business model, despite its efforts to create a "zero theft" encrypted ecosystem, it is ultimately unable to continue operating.
2025-03-27 16:01:19
Binance will launch PAXGUSDT perpetual contract with up to 75x leverage
On March 27th, according to official sources, Binance announced that it will launch the PAXGUSDT perpetual contract with up to 75x leverage at 18:30 on March 27, 2025 (UTC+8).
2025-03-27 16:01:16
USDC market value exceeds 60 billion US dollars, setting a new record high
according to CoinGecko data, the market value of USDC has exceeded 60 billion US dollars, reaching a historical high. The market value growth of USDC is mainly due to its compliance with the requirements of the European Union's "Regulation on Crypto Assets Markets" (MiCA). Currently, most of the supply of USDC is issued on the Ethereum ecosystem and Solana blockchain.
2025-03-27 16:01:15
ECB board member Wensch: We should consider pausing rate cuts in April
Isabel Schnabel, a member of the European Central Bank's Governing Council, said that interest rate cuts should be considered in April, and the possibility of raising interest rates in 2025 is limited. Inflation risks may lean towards the upside. (FXStreet)
2025-03-27 16:01:13
California judge dismisses class action lawsuit against Dfinity Foundation
On March 27th, a federal judge in California dismissed the class action lawsuit against the Dfinity Foundation, the developer of ICP. U.S. District Judge James Donato granted Dfinity's motion to dismiss, ruling that the case was time-barred under the securities laws' three-year statute of limitations.
2025-03-27 16:01:12