Canaan Technology Signs Series A-1 Preferred Stock Financing Securities Purchase Agreement and Completes First US$100 Million Financing Delivery
Canaan Technology announced that it has signed a securities purchase agreement with an institutional investor, providing a total revenue of up to $200 million through A-1 series preferred stock financing. The first payment of the preferred stock financing was completed on March 10, 2025, and the first $100 million has been received. It is expected to receive an additional $100 million related to the second payment in the near future, but subject to certain terms and conditions.
2025-01-01 14:00:00SHARE
Crypto 'Godfather' Adam Iza's ex-girlfriend pleads guilty to $2.6 million tax fraud
According to Decrypt, Iris Ramaya Au, the former girlfriend of cryptocurrency entrepreneur Adam Iza, nicknamed "The Godfather," has agreed to plead guilty and admit to federal tax fraud charges. Au admitted to not reporting over $2.6 million in illegal income to the Internal Revenue Service between 2020 and 2023. She used shell companies and illegal funds to maintain a luxurious lifestyle for herself and Iza, including purchasing luxury cars, real estate, and cryptocurrency. According to the statement from the United States Attorney's Office for the Central District of California, Au now faces up to 3 years in federal prison.
2025-01-01 14:00:00SHARE
Iranian official suspected of embezzling over $21 million in crypto assets during investigation of cryptocurrency exchanges
senior investigators from the Intelligence and Economic Crimes Department of the Islamic Revolutionary Guard Corps (IRGC) in Iran have been accused of embezzling over $21 million in crypto assets during an investigation of the cryptocurrency exchange Cryptoland. According to court documents reviewed by Iran International Television, two senior officials from the IRGC Economic Intelligence Department, Mehdi Hajipour and Mehdi Badi, were the main planners of the scheme. Blockchain evidence shows that wallets controlled by Hajipour alone handled tokens worth over $21 million.
2025-01-01 14:00:00SHARE
If Bitcoin breaks through $89,000, the cumulative short order liquidation intensity of mainstream CEX will reach 316 million
according to Coinglass data, if Bitcoin breaks through $89,000, the cumulative short liquidation intensity of mainstream CEX will reach 316 million. Conversely, if Bitcoin falls below $85,000, the cumulative long liquidation intensity of mainstream CEX will reach 207 million.
2025-01-01 14:00:00SHARE
Musk shows his poll data: the Department of Government Efficiency (DOGE) has a support rate of 81.1%
Musk displayed statistics on the support rate of the Department of Government Efficiency (DOGE) he leads on the X platform. The data shows that only 18.9% of the respondents do not support DOGE, while the remaining 81.1% of respondents, with 42.3% of them, express strong support for DOGE. A total of 1,507,496 people participated in this vote. Musk expressed satisfaction with the results and stated that this represents widespread public support for DOGE.
2025-01-01 14:00:00SHARE
Lawyer: Any meme coin project involved in fraud may still face legal prosecution at the federal or state level in the United States
Khurram Dara, lawyer and Head of Regulation and Policy at Bain Capital Crypto, stated on X platform that the US SEC has issued guidance on meme coins today, explicitly stating that "meme coins" are not securities, but more like collectibles. Upon hearing this news, some market participants interpreted the SEC's regulatory attitude towards meme coins as "loosening". However, Khurram Dara warned that the market should not overinterpret the SEC's "friendly" stance, as the SEC's statement only represents the opinion of its corporate finance regulatory department and is limited to the federal securities law level. More importantly, the SEC clearly emphasizes at the end of the guidance that if the issuance and sale of meme coins involve fraudulent activities, they will still face enforcement and prosecution by other federal or state agencies.
2025-01-01 14:00:00SHARE
Binance Wallet will list StakeStone TGE
according to the official announcement, Binance Wallet will launch StakeStone TGE. The investment time is from 08:00 to 08:30 in the morning of April 3rd (UTC).
2025-01-01 14:00:00SHARE
Ethereum spot ETF had a net outflow of $103 million last week, with BlackRock ETHA leading the outflow
on March 24th, according to SoSoValue data, the overall net outflow of Ethereum spot ETFs last week was $103 million. Among them, the net outflow of Belld ETHA was $74 million, ranking first, and the net outflow of Grayscale Mini Trust ETF ETH was $23.67 million. The only net inflow was Grayscale ETHE, with an inflow of $2.87 million. The current net asset value of Ethereum spot ETFs is $6.77 billion, accounting for 2.84% of the total market value of ETH. Historical cumulative net inflow of $2.42 billion.
2025-01-01 14:00:00SHARE
Hyperliquid 50x leveraged profit whale bought $3.96 million of ETH at an average price of $2,119 yesterday
According to @ai_9684xtpa monitoring, Hyperliquid 50x leverage profit whale only took 40 minutes yesterday to go long on ETH 50x and made a profit of 2.15 million. After that, he bought 1867 ETH (3.96 million USD) at an average price of 2119 USD through Cowswap, currently floating at a loss of 14,700 USD.
2025-01-01 14:00:00SHARE
Santiment: Cryptocurrency "bottom-fishing enthusiasm" rises to a 7-month high, but the market may run in the opposite direction
According to Cointelegraph, in the market adjustment where Bitcoin fell below $80,000, discussions on social media about "buying the dip" in cryptocurrencies have reached the highest level since July last year. The on-chain analysis platform Santiment pointed out in its report that traders have shown "extreme confidence" on social platforms such as X, Reddit, and Telegram, believing that the current decline is a "buying opportunity". However, Santiment warned that the high enthusiasm in the market for buying the dip is not necessarily a signal to enter the market, as the market often develops in the opposite direction to public expectations. "Ideally, we should wait for this group enthusiasm to fade, as a signal that retail traders have suffered enough pain, before proving the rebound is reasonable." Google Trends data shows a similar trend, with the search interest for "buythedip" reaching a peak score of 100 on February 26, but has since dropped to 49.
2025-01-01 14:00:00SHARE
OKX Wallet standalone app is now available on Google Play Store
Kyle, the product manager of OKX Web3, announced on social media that the OKX Wallet standalone application has officially been listed on the Google Store. Users can now directly search for "OKX Wallet" to download and install it, while the App Store is currently under review.
2025-01-01 14:00:00SHARE
BNB Chain ecosystem DEX transaction volume reached 14.336 billion US dollars last week, ranking first among all chains
On March 24th, according to DeFiLlama data, the total trading volume of BNBChain's ecosystem DEX reached $14.336 billion last week, ranking first among all chains. In the past 24 hours, the protocol that generated the most fees on BNBChain was PancakeSwap, with fees reaching $3.43 million and protocol revenue reaching $709,000; four.meme had fees of $747,000 and protocol revenue of $711,000.
2025-01-01 14:00:00SHARE
Ethereum developer: The address that deposited 30,000 ETH to Maker today does not belong to the Ethereum Foundation
Two well-known Ethereum developers eric.eth and sassal.eth refuted rumors, stating that the address that deposited 30,098 ETH into Maker this morning is not the address of the Ethereum Foundation.
2025-01-01 14:00:00SHARE
Royal Bank of Canada: Meta Platforms price target lowered from $800 to $740
Royal Bank of Canada: lowered the target price of Meta Platforms (META.O) from $800 to $740.
2025-01-01 14:00:00SHARE
Galaxy Digital withdraws 10,000 ETH from Binance, about 20.42 million US dollars
March 24th news, according to The Data Nerd monitoring, 3 hours ago, Galaxy Digital withdrew 10,000 ETH from Binance, about $20.42 million.
2025-01-01 14:00:00SHARE
Qi An Xin: The botnet that attacked X platform is the same organization as the one that attacked DeepSeek during the Spring Festival
According to the analysis of Qi Anxin Xlab Laboratory, the large-scale network attacks that caused X platform to crash three times are the same main zombie network that attacked DeepSeek during the Spring Festival. The network is called Mirai variant zombie network RapperBot, belonging to an attack organization of "professional hired thugs".
2025-01-01 14:00:00SHARE
US Treasury Secretary: Economic framework agreement with Ukraine has been completed and no further negotiations are needed
US Treasury Secretary Besent said on the 27th that the economic framework agreement with Ukraine has been completed, covering key minerals, oil and natural gas, and infrastructure assets. Besent said that Ukrainian President Zelensky and US President Trump will sign the agreement on the 28th, and there will be no further negotiations on the issue. He said that this is a win-win deal involving strategic minerals, oil and natural gas, and infrastructure assets.
2025-01-01 14:00:00SHARE
Viewpoint: Currently, none of the four major regulatory agencies in Hong Kong have the authority to manage Web3 companies to assist clients in handling entrusted assets through trusts
trust institution is involved in a $500 million fraud case, and cryptocurrency tycoon Justin Sun believes it is a problem with the Hong Kong system. Hong Kong Legislative Council member Chen Zhenying explained that trusts in the mainland mainly invest in financial products or manage finances through banks, but in Hong Kong, trust companies assist clients in handling entrusted assets. Business involving Mandatory Provident Fund is managed by the MPF Authority, insurance matters are overseen by the Insurance Authority, and investments are regulated by the Securities and Futures Commission. If in the form of a company, the assets are entrusted to a trust company, meaning that none of the four major regulatory bodies have authority over it. Investors are urged to carefully investigate the background of companies.
2025-01-01 14:00:00SHARE
Solana on-chain AI concept coin rebounds, BUZZ rises more than 36% in 24 hours
On March 24th, according to GMGN market data, Solana's on-chain AI concept coins rebounded, among which: Fartcoin's market value is now $575 million, with a 24-hour increase of 26.92%; ALCH's market value is now $58.2 million, with a 24-hour increase of 12.57%; GRIFFAIN's market value is now $50.1 million, with a 24-hour increase of 16.51%; BUZZ's market value is now $13.6 million, with a 24-hour increase of 36.12%.
2025-01-01 14:00:00SHARE
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