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🔷🔶 Rumble, a video platform that competes with YouTube, has announced a new wallet that supports Tether's stablecoin USDT. 🔶 The wallet will be used to monetize content creators on Rumble, promising to be more effective than traditional advertising methods. 🔷 Tether CEO Paolo Ardoino praised the initiative, calling it "a wallet for the people." 🔶 The wallet launch comes after Tether invested $775 million in Rumble in late 2024. 🔷 Rumble is also investing heavily in Bitcoin, having purchased more than $17 million in Bitcoin in the past month. 🔶 The move is part of Rumble's long-term strategy, with the intention of spending up to $20 million more on Bitcoin.
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🔷🔶 The Celo blockchain network has transitioned to a Layer 2 protocol on Ethereum. After pausing its legacy Layer 1 operations, Celo has officially become a Layer 2 protocol on Ethereum, using Optimism rollup technology. This transition was made after being scheduled for the summer of 2023. As a result, Celo now has faster transaction block processing speeds, lower transaction fees, and interoperability with applications and protocols on Ethereum. This transition is considered to enhance Celo's security and expand its capabilities.
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The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Web3 gaming platform Immutable without taking any enforcement action. The investigation began in October 2024 when Immutable received a Wells Notice, related to alleged securities law violations in its 2021 IMX token sale. Immutable countered that the SEC was abusing its power, asserting that IMX was not a security. The SEC's withdrawal of the investigation is part of a broader trend by the Trump administration, as it has scaled back lawsuits against crypto companies and established a task force led by Hester Peirce. IMX was previously dumped by GameStop in 2022, sparking controversy over ETH proceeds from Immutable X trades. Meanwhile, GameStop recently updated its investment policy to accept Bitcoin.
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Record Low Volatility: Ethereum is at its lowest implied volatility in months (7-day: 59%, 30-day: 45%). Breakout Signs: History shows that low volatility rarely lasts long, which could lead to a price explosion. Mixed Signals: Negative: ETH’s forward rate is below the 5% US Treasury yield, indicating weak market sentiment. Positive: ETH supply on centralized exchanges drops to a 9-year low, which could boost prices if demand picks up.
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Polymarket, a blockchain-based betting platform, has just launched Solana deposits to capitalize on the growing ecosystem. Polymarket allows users to bet on a variety of events, from politics and finance to outlandish predictions like the return of Jesus Christ in 2025. Despite having over $11.4 billion in trading volume over the past year and accurately predicting many major events, Polymarket has faced regulatory hurdles. The platform is banned in several countries, including the United States, where CEO Shayne Coplan was investigated by the FBI in 2024. However, the U.S. government’s stance on crypto and blockchain betting appears to be changing. On March 8, Coplan attended the White House Digital Roundtable with President Trump and industry leaders, demonstrating the growing collaboration between the government and the blockchain industry.
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Crypto.com’s Cronos (CRO) token price surged 30% to $0.10 after Trump Media and Technology Group (TMTG) announced a partnership with the exchange to develop an ETF. CRO trading volume increased nearly sixfold, from $21 million to $126 million, and daily transactions on CronoScan also doubled. TMTG said the ETFs will include Bitcoin, Cronos and several other industries, under the “Truth.Fi” brand, targeting the U.S., Europe and Asia. The deal puts Trump’s media company in a partnership with Crypto.com, which was investigated by the SEC last year. Additionally, in December, Trump transferred about 53% of his $4 billion stake in TMTG to a trust controlled by his son, Donald Trump Jr.
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Former President Donald Trump publicly endorsed the Official Trump (TRUMP) meme coin on social media platform TruthSocial, sending the token's price soaring to $12.25 before it began to fluctuate. The token is currently trading at $11.67, but is still down 84% from its all-time high of $73.40 in January. Trump's endorsement raises conflict of interest concerns, as companies associated with him own 80% of the token's supply. Legal experts warn that the move could violate: The Emoluments Clause – Prohibiting the President from accepting financial benefits from domestic and foreign entities. The Separation of Powers Principle – Endorsing a financial asset could undermine regulators like the SEC, CFTC. The Fifth Amendment – ​​Favoring Trump's token has caused unfair competition in the crypto market. Trump-related entities have made $390 million from token sales. This is a new step after he pledged to make the US a leading country in crypto, including building a strategic Bitcoin reserve.
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The Trump administration is adjusting its tariff strategy by taking a more targeted approach to major trading partners, helping to ease recession fears and boost Bitcoin market sentiment. Following the news, Bitcoin rose as much as 2.7% on Sunday, trading above $86,700 after bottoming out at $81,200 last week. The entire cryptocurrency market also saw a slight increase of 0.7% in total capitalization.
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Vibe coding is a promising new trend that brings a more creative and easier approach to programming thanks to the power of AI. However, it also comes with many challenges in terms of code quality, security, and over-reliance on AI. Despite its potential to make programming more accessible to more people, vibe coding is currently not enough to replace traditional programming methods. Instead, the most reasonable approach is to incorporate AI as a supporting tool, helping programmers increase productivity while maintaining control and code quality. In the future, the development of AI may continue to enhance the capabilities of vibe coding, but humans will still play an important role in monitoring and refining the final product.
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Vibe coding is a new programming method in which users just chat with AI, give ideas and request edits, instead of directly writing code or debugging. The author tested this method by using Claude 3.7 Sonnet to create a typing game without having to manually correct errors or look up Google. Vibe coding can help create basic software without programming expertise, but it cannot replace traditional programming in in-depth projects. However, with a good idea and patience, anyone can create an interesting product.
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A study from Washington University School of Medicine suggests that the experimental drug gantenerumab may help delay cognitive decline in people at genetic risk for early Alzheimer’s. The results, published in The Lancet Neurology, found that those who took the drug for the longest period (an average of eight years) reduced their risk of cognitive decline by 50%. Gantenerumab is an antibody that targets beta-amyloid plaques in the brain, helping to break them down and prevent new ones from forming. The drug has previously failed in trials in patients with Alzheimer’s symptoms, but new research suggests that early use may be key to its effectiveness.
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Bitcoin Price Stabilizes: After a volatile session, Bitcoin is holding around $84,150, up 0.2% on the day but flat on the week. ETFs Rebound: After a sharp pullback, money has returned to Bitcoin ETFs with $734 million injected as investors bet on lower interest rates. However, Ethereum ETFs are still down for 13 consecutive days. Volatility Continues: Bitcoin is at its highest volatility level in 6 months amid US economic concerns and geopolitical tensions. SEC Backs Bitcoin Mining: SEC Says PoW Mining Doesn't Need to Be Registered, Since It Doesn't Involve Securities Trading. The Trump Administration Seems to Be More Open to Cryptocurrencies. BlackRock on Bitcoin: BlackRock Representative Says Bitcoin Is Misunderstood as a Risky Asset, and That Could Be Self-Destructive for the Market
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Ethereum-based decentralized finance (DeFi) platform Zoth has been hacked, causing a loss of $8.85 million. This is the second such attack in a month. Zoth is facing a serious security risk due to the exposure of private keys, allowing hackers to control smart contracts and steal funds.
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'Triple Witching' and Its Impact on Markets Today is the "triple-witching" day, when about $4.5 trillion worth of derivatives contracts on stocks, indexes and ETFs expire. The event typically causes volatility, forcing traders to adjust positions before the contracts expire. Bitcoin, Ethereum and XRP prices fall Bitcoin fell 2.4% to below $84,000. Ethereum also fell 2.4% to $1,948.93, its lowest since November 2023. XRP fell the most, 5.2%, after rumors that the SEC would drop its lawsuit against Ripple Labs. Volatility Index (VIX) slightly rose The VIX rose 5.6% to 20.78, but remained below its peak of 29.07 earlier last week.
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Plea Deal: Gotbit founder Aleksei Andriunin has reached a plea deal with US authorities, agreeing to forfeit $23 million in crypto assets to avoid jail time. Market Manipulation Charges: Gotbit is accused of manipulating token prices through wash trading, creating fake trading volumes to trick investors into buying crypto at inflated prices. Potential Punishment: Andriunin was initially facing up to 20 years in prison and large financial penalties. However, if the court accepts the deal, he will not face jail time and will only have his assets forfeited. Details of Assets Seized: The $23 million seized was mostly stablecoins from Tether and Circle, held in four crypto wallets controlled by Andriunin.
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Anti-scam campaign: Australian authorities have detected and disrupted a sophisticated scam impersonating Binance through Operation Firestorm. Scam technique: Fraudsters use SMS messages and encrypted messaging platforms to impersonate Binance, claiming that the victim’s account has been compromised. They provide fake authentication codes and a phone number that mimics the Binance hotline, then lure victims into transferring crypto to a “trust wallet” they control. Number of victims: More than 130 people have been warned about the scam. Difficulty in recovering funds: Once the crypto is received, the scammer quickly moves it through multiple wallets and money laundering channels, making it nearly impossible to recover.
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Coinbase Launches KYC-Verified Liquidity Pools for DeFi Trading Coinbase Introduces Verified Pools: Liquidity pools available only to users who have completed KYC. Goal: Reduce counterparty risk when participating in DeFi trading. Powered by Base (Ethereum’s Layer 2) and Uniswap v4. Partnered with Gauntlet to manage risk and increase liquidity. Key Features of Verified Pools: Non-custodial – Users retain control of their assets. Connect to Coinbase Prime Onchain Wallet, Coinbase Wallet, or Coinbase’s verified wallets. Initially launching in the US, Singapore, Netherlands, British Virgin Islands, Cayman, and Channel Islands.
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EOS Rebrands as Vaulta: Blockchain network EOS announced a rebranding to Vaulta to focus on “Web3 banking,” capitalizing on the growing demand for decentralized financial products. Token price surges: Following the announcement, EOS’s price rose 30% to $0.65, but is still 188% below its all-time high of $22.89. Token swap plan: By the end of May 2025, EOS will migrate to Vaulta. Users will be able to swap tokens 1:1 over a four-month period. Vaulta will be listed on 140 exchanges where EOS is active.
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🔷🔶Robinhood has launched a prediction market hub within its app, allowing users to trade contracts based on the outcomes of major events like the Federal Reserve’s target interest rate and the upcoming men’s and women’s college basketball tournaments. INVESTOPEDIA
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🔷🔶Solana has removed an ad after receiving backlash from the cryptocurrency community. The ad was criticized for its controversial political message regarding gender diversity, which was deemed "toxic" and "divisive."
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