A record outflow of about 32,000 BTC, worth over 2 billion USD, was observed from exchanges, indicating strong market interest. Bitfinex’s data indicates the largest withdrawal since June 2025, hinting at bullish market conditions ahead.
Archives: Fast News
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Vitalik Buterin advocates for bold experimentation in Ethereum’s application layer while upholding key principles
Vitalik Buterin encourages developers to embrace a more experimental approach in building Ethereum applications, emphasizing the importance of security and censorship resistance.
He highlights the necessity of treating privacy as a primary feature and suggests the evolution of decentralized finance into a more robust financial infrastructure.
Buterin envisions a future where Ethereum integrates AI and new models for oracle systems, urging developers to resist conformity and focus on creative experimentation.
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Ripple exploring path to become federally regulated U.S. trust bank
Ripple is reportedly pursuing regulatory approval to operate as a federally regulated U.S. trust bank, a significant shift that would expand the company’s financial services capabilities beyond its core blockchain payments network. The move suggests Ripple is seeking deeper integration into traditional banking infrastructure, which could streamline cross-border settlement and enhance institutional trust in its services. Regulatory approval would represent a major milestone for Ripple’s legitimacy in the traditional finance sector, though the timeline and likelihood of success remain uncertain.
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Strike by Jack Mallers receives crypto and money licenses in New York
Strike has obtained virtual currency and money transmitter licenses from the New York State Department of Financial Services (NYDFS). This approval allows residents to buy Bitcoin, set recurring purchases, and convert paychecks into BTC.
Jack Mallers, CEO of Strike, stated that receiving the BitLicense is a crucial milestone for their expansion plans in New York, a major financial market.
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BitTorrent token staking offers up to 6.95% APY
BitTorrent (BTT) staking on the BTTC network is now available with APY rates reaching 6.95%. Users can participate in staking through the official platform to earn rewards on their holdings.
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Kazakhstan’s central bank to allocate up to 350 million USD for crypto asset investments
According to a report on March 6th by Solid Intel, the Central Bank of Kazakhstan plans to allocate 350 million USD towards crypto investments, highlighting its strategy using gold and foreign exchange reserves.
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XRP spot ETFs see $6.15M in net outflows
U.S. XRP spot ETFs recorded $6.15 million in net outflows, reflecting broader weakness across crypto ETF products. Franklin Templeton’s XRPZ fund accounted for the entire outflow amount, according to data from SoSoValue. The decline mirrors similar pressure observed in other cryptocurrency ETF categories.
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BlackRock-backed firm advances quantum computing development
A company with BlackRock investment backing has announced progress in quantum computing development. Quantum computers represent a long-term technological frontier that could theoretically impact cryptographic systems, including those underlying Bitcoin. Experts note such technology remains in early stages and is many years away from practical application at scale. The development reflects broader industry investment in quantum research, though current blockchain security remains effective against existing computing capabilities.
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Russia’s central bank proposes simplified crypto exchange licensing for banks
Russia’s central bank has proposed allowing banks to obtain crypto exchange licenses through a notification process based on their existing banking licenses, according to Interfax. The proposal aims to streamline regulatory approval for financial institutions seeking to operate in the crypto space. The move could facilitate broader institutional participation in crypto trading within Russia’s regulatory framework.
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PsiQuantum builds quantum computer, but Bitcoin encryption threat remains distant
PsiQuantum, in collaboration with Nvidia, is developing a quantum computer with 1 million qubits and has raised around 1 billion USD. While some scientists suggest such computational power could theoretically break Bitcoin’s encryption in the future, experts widely view this threat as at least 10 years away or longer. Current research indicates only about 10,000 BTC are theoretically vulnerable to quantum attacks, an amount insufficient to significantly impact the broader network. PsiQuantum itself has stated no intention to use its technology to attack Bitcoin.