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@andro

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Missed your GM? Catch up for points! ⏰ #GM #GMbase #FarcasterWave https://gmonchain.vercel.app

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Tether CEO, Paolo Ardoino, is in talks with one of the largest auditing firms (PwC, Ernst & Young, Deloitte, or KPMG) to conduct a reserve audit dating back to 2017. https://www.reuters.com/technology/tether-is-talks-with-big-four-firm-about-reserve-audit-ceo-says-2025-03-21/

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The IMF has updated its Balance of Payments Manual (BPM7) to include digital assets, classifying cryptocurrencies like Bitcoin as non-produced nonfinancial assets, while tokens with corresponding liabilities, such as stablecoins, are considered financial instruments. The new framework categorizes Bitcoin and similar assets as capital assets in the capital account, while tokens like Ethereum and Solana are treated as equity-like holdings in the financial account. https://www.imf.org/en/News/Articles/2025/03/20/pr25072-imf-and-statistical-community-release-new-global-standards-for-macroeconomic-stats

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#Update Please Add Solana Address to Your Warpcast Account Link : https://warpcast.com/~/settings/verified-addresses

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Telegram founder Pavel Durov has left France and traveled to Dubai following a court ruling granting permission for his departure. Following the news, Toncoin (TON) soared almost 20%. https://www.france24.com/en/live-news/20250315-telegram-founder-durov-allowed-to-temporarily-leave-france-sources

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The European Securities and Markets Authority (ESMA) confirmed that MiCA does not explicitly ban non-compliant stablecoin custody and transfers, such as Tether’s USDt. https://cointelegraph.com/news/european-securities-and-markets-authority

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China has announced a bullish economic growth target of about 5% for 2025, matching the level set for 2024, despite the tariff war with the U.S. https://www.bloomberg.com/news/live-blog/2025-03-04/china-s-npc-premier-li-s-report

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OKX, the world's third-largest crypto exchange, released its 28th consecutive Proof of Reserves (PoR) report, showing $28.1bn in reserve assets as of February 25, 2025—up 59% year-over-year. ⚫️ 128k BTC: +1.59% from its last PoR on January 10, 2025 ⚫️ 1.7m ETH: -4.44% ⚫️ 8.54bn USDT: +9.86% ⚫ 1.3bn USDC: +11.52% https://www.okx.com/zh-hans/proof-of-reserves/detail

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Bitcoin miners' share of total on-chain volume fell to 2.4% on February 23, 2025, its lowest level since May 2023. https://x.com/intotheblock/status/1894402251864555931

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Spot Bitcoin ETFs saw record outflows on February 26, 2025, with nearly $940m exiting as Bitcoin plunged below $88,000, its lowest since November 2024. https://www.coinglass.com/bitcoin-etf

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Join me on the waitlist for FarAgent by @wieldlabs to be the first to claim your tips & create your FarAgent! https://far.quest/agents?invite=556160

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Joining the waitlist for @faragent 👀

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The KRW-USD exchange rate hit a 15-year low, with Korean users on Upbit having to pay a 3-5% premium to exchange KRW for BTC and USDT. https://x.com/ki_young_ju/status/1872550549276803409

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Bitwise filed for a Bitcoin Standard Corporations ETF with the SEC, aiming to hold shares of companies with at least 1,000 BTC in their corporate treasury assets. https://x.com/Cointelegraph/status/1872429837824278594

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Solana set a new record on December 23, reaching 72.8m daily transactions. https://app.artemis.xyz/project/solana?from=projects&tab=fundamentals

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Gate.io acquired all issuance shares of Japanese service provider Coin Master and renamed it to Gate Japan, solidifying its presence in Japan. https://cryptobriefing.com/gate-group-acquisition-coin-master-entering-japanese-market/

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In 2024, nearly $15bn was distributed through airdrops. The top-5 projects that distributed the most include: ⚫️Hyper (HYPE): $1.34bn ⚫️Strike (STRK): $1.33bn ⚫️Penguin (PENGU): $1.15bn ⚫️Wave (W): $896m ⚫️Jupiter (JUP): $891m https://x.com/Cointelegraph/status/1871941589322338560

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The top five best and worst performering crypto stock 2024 https://www.theblock.co/post/330292/the-best-and-worst-performing-crypto-stocks-of-2024

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The Japanese government said they remain cautious about holding Bitcoin in its national reserves, citing crypto’s exclusion from foreign exchange categories and concerns over security, liquidity, and volatility. https://coinpost.jp/?p=583833

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The Bank of Italy has classified Bitcoin P2P services as 'crime as a service' due to their alleged use in money laundering operations. https://www.bancaditalia.it/pubblicazioni/qef/2024-0893/QEF_893_24.pdf?language_id=1

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