Phone records from lobbyist Mauricio Novelli contain a draft document outlining a $5 million payment tied to President Javier Milei’s promotion of Meta’s Libra stablecoin, according to forensic analysis. The discovery raises questions about potential undisclosed financial arrangements surrounding cryptocurrency advocacy at the government level.
Archives: Fast News
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Bitcoin’s silver price ratio reaches 888 ounces
Bitcoin is currently valued at approximately 888.295 ounces of silver. This metric tracks the relationship between BTC and precious metals, offering perspective on cryptocurrency’s value relative to traditional commodities. The ratio reflects broader market dynamics between crypto assets and physical stores of value.
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MultiversX Supernova upgrade launches on testnet
MultiversX is activating the Supernova upgrade on its Battle Net testnet on March 16 at 9 AM UTC. This marks the first public test of the largest network upgrade since the mainnet launch. The upgrade will allow the team to gather feedback and identify any issues before a wider rollout.
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Michael Saylor hints at additional bitcoin purchases
MicroStrategy’s executive chairman Michael Saylor has suggested plans to acquire more bitcoin, according to a recent post. The statement comes as part of ongoing discussion around institutional bitcoin accumulation strategies. Saylor’s company has been a notable bitcoin holder in the institutional space.
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Venus Protocol confirms abnormal activity in the funding pool under investigation
Venus Protocol reported on March 15 that abnormal activities were detected in THE’s liquidity pool, and they have started an investigation into the matter. So far, only THE and CAKE markets are confirmed to be impacted, with further updates expected as the situation develops.
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Venus Protocol faces suspected flash-loan attack involving significant fund losses
Venus Protocol was targeted in a suspected flash-loan attack, with the attacker utilizing address 0x1a35…6231.
The attacker secured 20 BTC, 1.5 million CAKE, and 200 BNB, leading to a total value exceeding 3.7 million USD.
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Bitpanda plans global expansion through bank partnerships ahead of IPO
Vienna-based crypto broker Bitpanda is shifting strategy to target emerging markets by partnering with financial institutions rather than competing directly with local exchanges. The platform plans to leverage tokenization and institutional relationships as part of its global expansion roadmap, according to Vishal Sacheendran, VP of global markets strategy and operations. The move aligns with the company’s preparation for potential public listing.
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Visa and Coinbase explore AI agent payment networks with different approaches
Visa and Coinbase are separately developing payment infrastructure designed for machine-to-machine transactions, where AI agents conduct financial exchanges without traditional checkout processes, card numbers, or human involvement. The emerging model envisions thousands of automated transactions per second at minimal costs. While both companies see potential in AI-driven payment networks, they are pursuing different technical and architectural approaches to what could become a major payments system.
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Wintermute’s founder highlights target price significance over current Ethereum price
Evgeny Gaevoy emphasized that the mission of Ethereum is more critical than its market price and criticized skepticism surrounding its goals.
He expresses a commitment to holding ETH long-term, viewing it as a cultural investment rather than just a financial gamble.
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ETH staking ETF attracts $46M in inflows within two days of launch
A new ETH staking ETF (ETHB) launched and accumulated $46 million in inflows over its first two days. The fund holds spot ETH and stakes 70-95% of holdings via Coinbase, distributing 82% of staking rewards as monthly cash dividends paid in USD rather than compounding within the fund. BlackRock and Coinbase retain 18% of rewards, with a 0.25% management fee reduced to 0.12% for the first year or until assets under management reach $2.5 billion. The structure differentiates from BlackRock’s existing ETHA product, which does not offer staking due to associated slashing risk some investors prefer to avoid.