On-chain whale 0x65b4 acquired 6,228 ETH for 12.5 million USDC at approximately $2,007 per token, according to blockchain data. The purchase marks another attempt by the trader to accumulate ETH at lower prices. The same wallet previously deployed 32.58 million USDC to buy ETH and BTC following market volatility last October, but sold the position in November and realized an $830,000 loss on that trade.
Archives: Fast News
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Hyperion SUSDE-USDC pool on Aptos offers 79.3% APY
Hyperion’s SUSDE-USDC stablecoin pool on Aptos is currently offering 79.31% APY with $11M in total value locked. High yield rates on stablecoin pools typically indicate elevated risk exposure—users should carefully evaluate underlying mechanics and potential vulnerabilities before depositing funds.
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Privacy narrative gains momentum on social media
Discussion around privacy-focused cryptocurrencies is picking up steam across social platforms. The keyword ‘cash’ emerged as the top trending term related to the privacy narrative, with a combined social engagement score of 332. The uptick in mentions suggests growing community interest in privacy-centered blockchain solutions.
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Arthur Hayes predicts HYPE target price could hit 150 USD; oil prices may stabilize on Hyperliquid this weekend
Arthur Hayes indicates that as traditional exchanges close over the weekend, market price discovery could increasingly occur on crypto platforms. This is particularly relevant given the ongoing conflicts in the Middle East.
He notes that Hyperliquid’s perpetual oil contract CL-USDC could play a significant role in determining oil prices during this period, acting as a key reference point.
Hayes forecasts that with heightened trading volumes, the price of Hyperliquid’s platform token HYPE could rise to as high as 150 USD.
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OpenAI introduces Codex Security: an AI tool for addressing database vulnerabilities
On March 7, OpenAI introduced Codex Security, an AI tool that helps security teams detect and resolve database vulnerabilities, potentially decreasing the need for conventional cybersecurity services.
Codex Security can scan open-source code repositories for security issues and competes with Anthropic PBC’s Claude Code Security, which also identifies vulnerabilities and provides remediation suggestions.
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U.S. Proposes strict new regulations for civilian AI amidst Anthropic dispute
The Trump administration is developing strict rules for civilian artificial intelligence contracts amid a conflict with Anthropic. AI companies will be required to permit any legal utilization of their models for government purposes.
The new guidelines will demand AI firms to provide the U.S. With an irrevocable license for legal purposes, aiming to strengthen the procurement process for AI services, similar to potential regulations for military contracts.
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A whale buys back 1,733 XAUT tokens valued at approximately 8.83 million USD
On March 7, a whale bought back 1,733 XAUT tokens at a price of 5,140 USD each, amounting to approximately 8.83 million USD. Previously, this whale sold XAUT tokens to invest in WBTC.
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Vitalik proposes Ethereum finality mechanism upgrade with Minimmit potentially replacing Casper FFG
Vitalik Buterin suggests replacing Casper FFG with Minimmit for Ethereum’s finality, which requires only one round of signing, thus streamlining the process. While fault tolerance decreases from 33% to 17%, Minimmit enhances recovery from network attacks.
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BlackRock adjusts Ethereum staking ETF filing with lower fees
On March 7, analyst James Seyffart reported that BlackRock has modified its Ethereum Staking ETF (ETHB) application. The staking fee has been changed from 18% to 10%, with potential tiered discounts based on investment amounts, aiming to improve BlackRock’s Ethereum product structure.
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Market bulletin #1: Bitcoin drops 3.75% as crypto cap holds $2.33T
Total crypto market cap stands at $2.33T with 24-hour volume at $95.45B. Bitcoin trades at $68.2K, down 3.75% in 24 hours but up 3.76% over seven days. Ethereum at $2.0K shows a 24-hour decline of 4.51%, though up 2.83% weekly. BTC dominance holds at 58.54% while ETH dominance sits at 10.25%.
Among top movers, PAXG leads gainers with a 1.45% increase, followed by HYPE (+1.29%) and ASTER (+0.90%). On the downside, ENA falls 9.03%, PUMP declines 8.24%, and MORPHO drops 7.84%.
Longer-dated positioning shows strong bullish sentiment: BTC displays a 2.04 long/short ratio (67.1% long), ETH at 3.02 (75.1% long), and SOL at 3.30 (76.8% long). Options data from Deribit indicates BTC put/call at 0.70 with 60.9% implied volatility; ETH at 0.63 with 81.1% IV.
In fixed income, the 2-year Treasury yield moved to 3.57 (up from 3.54) and 10-year to 4.13 (up from 4.09). Non-farm payrolls reported 158,466 jobs, a slight 0.1% decrease.
DeFi protocol Sentora showed significant growth with TVL surging 48.2% to $1.5B. Sector performance mixed: Filesharing down 3.31%, NFTs & Collectibles down 2.44%, and xStocks Ecosystem declining 4.20%.