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In brief Bo Shen, founder of Fenbushi Capital, is offering a 10-20% bounty to those who can help him recover a portion of $42 million that was stolen from him in 2022. The theft was allegedly due to a compromised seed phrase, leading to the loss of around $38 million in stablecoins in addition to Bitcoin and Ethereum. The venture founder believes new on-chain tooling and AI can help crack the case. Bo Shen, the founder of crypto venture firm Fenbushi, is offering a bounty of 10-20% to any individuals able to help him recover a portion of the $42…

Disclosure: This is a paid article. Readers should conduct further research prior to taking any actions. Learn more ›From launch milestone to durability testIn less than a week, the Playnance story shifted from launch setup to live market read. CryptoSlate’s March 18 coverage framed G Coin as entering its public milestone with more than 200,000 holders already on the tracker and a live entertainment ecosystem behind it.By March 19, the token had moved into open trading on MEXC, and by March 23, CryptoSlate reported that the public tracker had climbed above 1.15 million holders.Utility claims now have public benchmarksThat matters…

In brief Strategy CEO Phong Le signaled that Strategy’s common stock is taking a backseat relative to its flagship preferred share among retail investors. Benchmark-StoneX’s Mark Palmer said that makes sense, describing STRC as an investment that dovetails with individuals’ accustomed thinking. On a notional basis, the value of common stock held by retail investors still outweighs allocations among individuals to the dividend-paying product. Strategy CEO Phong Le signaled on Thursday that retail investors are becoming increasingly interested in the Bitcoin-buying firm’s flagship preferred share relative to its common stock, highlighting who is exposed to the company’s shift in fundraising…

Circle, the issuer of USD Coin (USDC) stablecoin, saw its stock plunge 20% this week, erasing $5 billion in market capitalization in its steepest intraday drop since going public.The sell-off happened on the same day Tether announced it had secured a ‘Big Four’ accounting firm to undertake a full audit of USDT.According to Mario Stefanidis of research firm Artemis, the sell-off was triggered by leaked regulatory drafts and unexpected wallet freezes, sending trading volume surging to 56.4 million shares. This is nearly four times the stock’s 90-day average.Yet, as the dust settles, a growing chorus of market analysts and institutional…

In brief A new law was signed in Brazil on Tuesday allowing authorities to seize digital assets like Bitcoin as a means to combat organized crime. The law allows judges to authorize the sale of assets as well, with proceeds going to fund public security. Brazil introduced the bill in November, shortly after it cracked down on an illegal Bitcoin mining operation. A new law passed in Brazil designed to bolster the fight against organized crime will allow authorities to seize digital assets from criminals and potentially use them in the public’s interest. The “Anti-Gang Law” was signed into law by…

Trust Wallet, the self-custody crypto wallet with over 220 million downloads, announced the launch of the Trust Wallet Agent Kit, a new infrastructure that enables AI agents to execute real crypto transactions across more than 25 blockchains — while keeping users fully in control. For the first time, AI can take actions in a user’s wallet — but only within the permissions and boundaries defined by the user.  The Agent Kit integrates with the Model Context Protocol (MCP) and is available via a command line interface (CLI), giving developers the tools to build and test AI-powered crypto workflows safely and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit Pumpius has explained how the XRP Ledger fits into SWIFT’s plans to process on-chain payments through its partnership with banks. This came as the pundit alleged that SWIFT plans to use the network as the front end rather than its own distributed ledger.  XRP Ledger’s Role In SWIFT’s Plan For On-Chain Transactions In an X post, Pumpius alleged that SWIFT is quietly whitelabeling the XRP Ledger front-end while pretending that the network is their innovation. He made this comment in response to news that SWIFT…

A poisoned release of LiteLLM turned a routine Python install into a crypto-aware secret stealer that searched for wallets, Solana validator material, and cloud credentials every time Python started.On Mar. 24, between 10:39 UTC and 16:00 UTC, an attacker who had gained access to a maintainer account published two malicious versions of LiteLLM to PyPI: 1.82.7 and 1.82.8.LiteLLM markets itself as a unified interface to more than 100 large language model providers, a position that places it inside credential-rich developer environments by design. PyPI Stats records 96,083,740 downloads in the last month alone.The two builds carried different levels of risk.…

In brief The UK has sanctioned cryptocurrency marketplace Xinbi, which provides services to scam centers including selling stolen personal data and satellite equipment. Sanctions also target #8 Park, believed to be Cambodia’s largest scam compound with capacity for 20,000 trafficked workers. The move follows earlier UK actions against the Prince Group that triggered over £1 billion in asset freezes and closures of hundreds of scam centers. The UK government has sanctioned Xinbi, described as “one of the largest illicit marketplaces in Southeast Asia,” targeting its role in providing cryptocurrency-based services to scam centers that defraud victims worldwide while exploiting trafficked…

Tether said Thursday that it has launched its gold-backed token XAUT on BNB Chain, expanding access to the dominant tokenized gold product after the precious metal soared to new price heights in recent months.The listing connects BNB Chain’s ecosystem to XAUT, which is the largest gold-backed token on the market with a nearly $2.5 billion market cap, as of this writing. That’s nearly half the total tokenized gold market, which currently sits at $5.3 billion, per data from CoinGecko. Paxos’ PAX Gold isn’t far behind XAUT with a market cap around $2.3 billion.Originally launched on Ethereum, each XAUT token represents…

The crypto industry has framed its quantum reckoning as a single catastrophic “Q-Day” moment when a sufficiently powerful machine arrives, old cryptographic keys shatter, and blockchain history unravels. This week, that moment may have been brought forward into this decade.The Ethereum Foundation’s Mar. 24 post-quantum (PQ) roadmap shows that the realistic quantum threat to Ethereum centers on forged signatures enabling theft and impersonation, and that selecting stronger cryptographic algorithms is the comparatively manageable layer of the problem.The coordination infrastructure underneath it is an order of magnitude harder.EF’s FAQ ranks the exposed surfaces in a specific order: user accounts (externally owned…

In brief MARA Holdings described a $1.1 billion Bitcoin sale as part of a strategic capital allocation aimed at reducing its exposure to debt. The company was able to repurchase convertible notes at a discount to par, effectively deleveraging its balance sheet, according to CEO Fred Thiel. Earlier this week, CoinShares projected that Bitcoin miners could generate as much as 70% of revenues from AI by the end of the year. MARA Holdings, one of the largest Bitcoin mining firms in the U.S., said on Thursday that it had sold roughly 15,000 BTC for $1.1 billion to repurchase a portion…

Morgan Stanley’s spot Bitcoin exchange-traded fund (ETF) appears close to launch, giving Wall Street one of its clearest signs yet that a major US bank is ready to put its own name directly on a BTC product.On March 25, the New York Stock Exchange (NYSE) posted a listing notice for the Morgan Stanley Bitcoin Trust under the ticker MSBT, which helped fuel expectations across the ETF market that trading could begin soon.Bloomberg ETF analyst Eric Balchunas described the development as a sign the launch is “imminent.”The product’s arrival would carry weight beyond the addition of one more ticker to an…

In brief Bhutan transferred 519.707 BTC worth $36.75 million to external addresses on Wednesday, continuing its 2026 sell-off. The kingdom’s Bitcoin holdings have fallen 66% from peak levels in late 2024 to 4,453 BTC worth $315 million. Year-to-date outflows from Bhutan’s sovereign Bitcoin treasury exceed $150 million as the nation monetizes mining operations. The Kingdom of Bhutan transferred another 519.707 BTC worth $36.75 million to external addresses on Wednesday, accelerating a sovereign Bitcoin liquidation that has seen its BTC holdings plummet 66% from late 2024 peaks.The Royal Government of Bhutan now holds 4,453 BTC worth approximately $315 million, down from…

MARA, a Nasdaq-listed Bitcoin miner expanding into digital energy and AI infrastructure, announced a major balance sheet restructuring on Thursday.  The company said they sold 15,133 Bitcoin for approximately $1.1 billion between March 4 and March 25 to fund the repurchase of its 0.00% convertible senior notes due 2030 and 2031. The company will repurchase $367.5 million of its 2030 notes for $322.9 million and $633.4 million of its 2031 notes for $589.9 million.  The purchases represent an approximate 9% discount to par value and are expected to generate roughly $88.1 million in cash savings. The transactions are scheduled to…