Important news from last night and this morning (March 19-March 20)

Sui launched its Bitcoin financial solution, Hashi, and it went live on devnet today.

According to official sources, Sui has launched a new Bitcoin financial solution called Hashi, aiming to introduce Bitcoin into the DeFi ecosystem. Hashi will allow BTC holders to earn rewards through staking, lending, and other methods, and will provide developers with a platform to create Bitcoin financial products. Hashi has already received support from institutions such as BitGo, Bullish, FalconX, and Ledger, covering areas such as custody, brokerage, security, and insurance. The solution went live on devnet today and will provide a compliant environment for institutional Bitcoin participation on Sui.

Binance will launch an airdrop event for eligible users holding USD1 on the platform, with a total prize pool of 135 million WLFI.

According to the official announcement, starting from 08:00 (UTC+8) on March 20, 2026, Binance will launch an airdrop event for eligible users holding World Liberty Financial USD (USD1) on the platform. Eligible users will share a total prize pool of 135 million World Liberty Financial (WLFI) tokens. During the event, WLFI rewards will be distributed to eligible users holding USD1 every Friday. Event period: March 20, 2026, 08:00 to April 17, 2026, 08:00 (UTC+8).

Jupiter has launched Pre-IPO stock token trading functionality.

According to official sources, Jupiter has announced the launch of trading functionality for Pre-IPO stock tokens, supporting the purchase of stock tokens from popular unlisted companies such as OpenAI and Anthropic. Orders will be executed by PreStocks.

US SEC Chairman: This week's interpretation of crypto law is "just the beginning, not the end."

According to Cointelegraph, U.S. SEC Chairman Paul Atkins stated that the crypto legal interpretation released this week is "just the beginning, not the end." In a speech on Thursday, Atkins said the SEC will take a different approach to digital assets than its previous "regulation through enforcement" approach, focusing first on its interpretation of how federal securities laws apply to cryptocurrencies. The SEC's interpretation released on Tuesday explicitly states that most cryptocurrencies may not fall under the definition of securities under federal law; only one category of crypto assets remains subject to securities laws—"tokenized traditional securities." Atkins clarified that digital goods, digital instruments, digital collectibles such as NFTs, and stablecoins generally do not fall under the SEC's jurisdiction.

The Hong Kong Securities and Futures Commission (SFC) reports that the total market capitalization of 11 virtual asset ETFs has exceeded HK$5.4 billion, and the size of approved tokenized funds has reached HK$8.66 billion.

The Hong Kong Securities and Futures Commission (SFC) released its Q4 2025 report, noting that it has officially become a member of the Hong Kong Police Force's Virtual Asset Intelligence Task Force. This strategic innovation has contributed to the continued growth of Hong Kong's listed and digital asset markets. Regarding digital assets, the SFC-approved tokenized retail money market funds, launched in 2025, saw their assets under management grow to HK$8.66 billion (US$1.11 billion) as of December last year, a 14% increase quarter-on-quarter. Furthermore, since the launch of Asian virtual asset spot exchange-traded funds (ETFs) in 2024, 11 such ETFs have been listed in Hong Kong, with their total market capitalization increasing by 142% since listing to over HK$5.4 billion (US$702 million). As of December last year, the total market capitalization of SFC-approved ETFs and leveraged and inverse products jumped 33.7% year-on-year to HK$618.7 billion.

"Set 10 major targets first." A whale has already established a long position in BTC worth $183 million, with a floating profit of $1.113 million.

According to on-chain analyst @ai_9684xtpa, the whale @Jason60704294, known for his "Set 10 Big Targets First" strategy, has established a long position of 2601.5 Bitcoins, with an average opening price of $70,016.98 and a liquidation price of $57,855. This position is worth $183 million and, based on the current price, has already generated a floating profit of $1.113 million.

OpenAI plans to launch a desktop "super app" that integrates Codex, ChatGPT, and a browser.

According to CLS News Agency, OpenAI is reportedly taking steps to simplify the user experience and plans to launch a desktop "super app" that integrates Codex, ChatGPT, and a browser.

World Liberty Financial launches AgentPay SDK, an open-source payment toolkit for AI agents.

According to official news, World Liberty Financial, a crypto project backed by the Trump family, has announced the launch of its AgentPay SDK, an open-source, self-custodied payment toolkit built for AI agents. The SDK integrates self-custodied key management, policy-based transaction authorization, and is compatible with common AI development tools such as Claude Code, Codex, Cursor, and OpenClaw. The AgentPay SDK allows AI agents to hold, transfer, and manipulate USD1 stablecoins on the EVM chain. Transactions are signed locally, and the policy engine allows setting single and daily limits, requiring manual approval when thresholds are exceeded. The SDK also includes a built-in Bitrefill purchase function.

The U.S. crypto market structure bill has made progress at Senate hearings, with lawmakers weighing the pros and cons of the legislation.

According to CoinDesk, negotiations on the CLARITY Act, the U.S. crypto market structure bill, have been ongoing for weeks and are now "nearly finalized." Sources say the updated legislative text was submitted to the White House for review on Thursday, and Republican senators on the Senate Banking Committee met that day to discuss how to bridge the final differences. A compromise is imminent in the long-standing dispute over stablecoin yields, but lawmakers are still discussing what other concessions they can offer to community banks in exchange for their support, potentially including provisions related to recent housing legislation. Democrats are still demanding a ban on senior government officials profiting personally from crypto gains (primarily targeting Trump) and are calling for Democratic commissioners to fill vacancies before the CFTC passes new rules. Senator Lummis stated that the Coinbase CEO has been more flexible in recent negotiations.

A certain whale once again spent 36.75 million USDT to buy 17,084 ETH.

According to Lookonchain monitoring, a mysterious whale has once again spent 36.75 million USDT to buy 17,084 ETH, with an average purchase price of $2,151. Based on Arkham's tag, this whale may be associated with ShapeShift founder Erik Voorhees.

Cryptocurrency exchange Gemini has laid off approximately 30% of its staff since the beginning of the year.

According to Bloomberg, cryptocurrency exchange Gemini has laid off approximately 30% of its workforce since the beginning of the year, currently employing around 445 people. In its shareholder letter, the company stated that it is deploying artificial intelligence tools to improve productivity. Gemini lost over $500 million last year, and while its fourth-quarter revenue increased by nearly 40% year-over-year to approximately $60 million, its losses widened to $140.8 million. Its share price has fallen nearly 40% year-to-date, and its market capitalization is less than one-tenth of Coinbase's. Gemini announced its withdrawal from the UK, EU, and Australian markets earlier this year and replaced several senior executives. The company is shifting its focus to a prediction market platform, but has already faced investor lawsuits as a result.

Prediction market Kalshi has completed a new funding round of over $1 billion, valuing the company at $22 billion.

According to Bloomberg, prediction market platform Kalshi has completed a new funding round of over $1 billion, valuing the company at $22 billion, more than double its $11 billion valuation in December. Sources familiar with the matter revealed that the round was led by Coatue Management. Kalshi currently has annualized revenue of $1.5 billion. Founded in 2018, Kalshi saw a surge in popularity after a court granted it permission to offer election trading in 2024. The company operates as a CFTC-regulated financial exchange, allowing it to conduct business nationwide under federal rules. Its trading volume surpassed $10 billion in February, a 12-fold increase from six months prior. Despite recent criminal lawsuits and regulatory controversies in states like Arizona, investors remain enthusiastic about the rapidly growing market.

JPMorgan: Hyperliquid is gaining increasing attention as traders seek 24/7 oil trading.

According to The Block, JPMorgan analysts point out that decentralized exchange Hyperliquid has recently seen a surge in activity as non-crypto traders seek exposure to oil prices through perpetual contracts during traditional market closures and weekends. Trading volume for WTI crude oil perpetual contracts on the platform surged during weekends coinciding with the escalation of the Iran nuclear deal, peaking at approximately $1.7 billion per day in mid-March, with open interest rising to around $300 million, making it the exchange's third-largest trading product after Bitcoin and Ethereum. Analysts say that demand for traditional assets outside of trading hours is driving interest in decentralized exchanges like Hyperliquid. With features such as on-chain order books, sub-second transaction finality, and portfolio margining, DEXs are positioning themselves as professional-grade trading venues bridging traditional and crypto markets.

DDC Enterprise, a publicly traded company, increased its holdings by 200 bitcoins, bringing its total holdings to 2,383 bitcoins.

According to The Block, DDC Enterprise, a US-listed company, has purchased another 200 Bitcoins, bringing its total holdings to 2,383 BTC, worth approximately $165 million. The average purchase price was $79,969, and the company reports a year-to-date BTC return of 44.9%. DDC currently ranks 32nd among publicly traded companies holding Bitcoin. The company previously set a goal of building a 10,000-BTC treasury by the end of 2025, but the market has experienced significant volatility in recent months, with Bitcoin falling from a high of $126,000 at the end of last year to the recent range of $68,000 to $75,000. DDC's stock price has fallen by approximately 80% over the past six months, while Bitcoin has fallen by approximately 45% during the same period.

The Federal Reserve investigation has stalled, casting uncertainty on Warsh's path to succession.

According to a report by Jinshi citing US media, sources revealed that senior officials at the US Department of Justice are fully supporting a federal prosecutor's investigation into Federal Reserve Chairman Jerome Powell, and the White House has not objected. This situation has escalated the high-stakes game between the two sides and will have a significant impact on the future leadership of the Federal Reserve. Sources indicated that Trump had been open to ending the Powell investigation before a judge dismissed a subpoena against the Fed last Friday. However, angered by the ruling and long-held belief that the court was biased against him, aides and allies believe Trump now supports an appeal. Following the dismissal of the subpoena last week, Federal Prosecutor Jeanne Piro immediately announced she would appeal the court's decision. While Trump has not publicly commented on Piro's move, some of his aides were surprised.

Kentucky's new cryptocurrency ATM bill includes a provision for hardware wallets, which has been criticized as a "de facto ban on self-custody."

According to The Block, a Kentucky bill, HB380, aimed at regulating cryptocurrency ATMs, has sparked controversy due to a new provision. This provision requires hardware wallet providers to offer mechanisms to assist users in resetting access credentials such as passwords, PINs, or mnemonic phrases. Critics argue that this requirement fundamentally conflicts with the design of self-custodial wallets—private keys and mnemonic phrases are solely controlled by the user, inaccessible or unrecoverable by the provider, making it technically difficult to implement. This is tantamount to requiring a "backdoor," weakening Bitcoin's core security guarantees and potentially "effectively banning self-custodial services." The bill has already passed the House of Representatives and is currently under consideration in the Senate; the relevant provisions may still be amended or removed.

The FBI has warned of a fraudulent token scam impersonating the agency on the Tron network.

According to The Block, the FBI's New York office has issued a warning about a fraudulent token scam impersonating the FBI on the Tron blockchain network. Scammers send so-called "FBI tokens" to users' wallets along with messages claiming the user has violated anti-money laundering regulations and threatening to freeze their assets, thus inducing users to disclose personal information. The FBI advises users that if they receive such tokens with designated account information, they should never provide their identity information to any related websites and should report suspicious activity through the Internet Crime Complaint Center. The number of affected users is currently unknown.

Six countries issued a joint statement: prepared to take measures to ensure the security of the Strait of Hormuz.

According to CCTV, France, Britain, Germany, Italy, the Netherlands, and Japan announced in a joint statement that they are prepared to take appropriate measures to ensure navigation safety in the Strait of Hormuz.

US media reports that the US military may seize islands to force Iran to open the Strait of Hormuz.

According to Xinhua News Agency, the Wall Street Journal reported on the 19th, citing sources, that the United States is deploying additional troops to the Middle East and may seize Iran's key oil export hub in order to force Iran to open the Strait of Hormuz. The report stated that the approximately 2,200-strong U.S. 31st Marine Expeditionary Force is en route from Japan to the Middle East aboard an amphibious assault ship and is expected to arrive in about a week. The U.S. may use this force to occupy Kharg Island as leverage to force Iran to open the Strait of Hormuz. Former U.S. Central Command Commander Frank McKenzie said, "(The U.S. military) could destroy its (Kharg Island's) oil infrastructure, which would cause irreparable damage to Iran and the global economy. Or it could occupy it as a bargaining chip."

The People's Bank of China plans to add approximately 12 more commercial banks to the digital yuan system.

According to Caixin, the number of institutions operating China's digital yuan will be further expanded. The People's Bank of China (PBOC) plans to add approximately 12 commercial banks to the digital yuan system, undertaking functions such as wallet opening, exchange, and payment processing, as well as daily operation and maintenance. Previously, 10 banks, including the six major state-owned banks, had already participated. The digital yuan adopts a "centralized PBOC + commercial bank two-tier operation" architecture. The PBOC is responsible for issuance, top-level design, and system supervision, while designated operating institutions are responsible for front-end services and compliance obligations such as anti-money laundering and customer identification. As the digital yuan upgrades from "digital cash" to "digital deposit currency," the enthusiasm of commercial banks to participate is expected to increase, and the application scenarios and covered institutions of the digital yuan are expected to expand simultaneously.

Strive increased its holdings by 317 Bitcoins last week, bringing its total holdings to $944 million.

According to The Block, Strive (NASDAQ: ASST), the asset management company founded by Vivek Ramaswamy, added 317 bitcoins in the past week, bringing its total holdings to 13,627.9 bitcoins, with a market capitalization of approximately $944 million, placing it among the top ten publicly traded Bitcoin treasury holders. Strive has accumulated its BTC holdings through various capital market instruments, including PIPE, IPOs, subsequent offerings, and the acquisition of Semler Scientific. It also issued Bitcoin-backed variable-rate perpetual preferred stock (SATA) and recently increased its dividend to 12.75%.

Opera is seeking to acquire 160 million CELO tokens within three years, potentially becoming a core stakeholder in Celo.

According to CoinDesk, browser company Opera (OPRA) has proposed replacing its quarterly USD cash subsidies with Celo with a three-year grant of 160 million CELO tokens. This represents approximately 27% of the current circulating supply of about 600 million CELO tokens and 16% of the maximum total supply of 1 billion. The tokens will be transferred from the Celo treasury to Safe, controlled by Opera, with a voting power capped at 10% of the total staked CELO. CoinMarketCap data shows that CELO is currently priced at around $0.07, a significant drop from its 2021 high of over $6. Opera states that this arrangement reflects the role of its self-custodied wallet, MiniPay, on the Celo network.

AlphaTON Capital acquires a 60% controlling stake in GAMEE for up to $11 million.

According to Globenewswire, Nasdaq-listed AlphaTON Capital, a TON treasury firm, announced a definitive agreement to acquire a 60% controlling stake in gaming platform GAMEE for up to $11 million, including a two-year performance-linked additional payment. GAMEE, a wholly owned subsidiary of Animoca Brands, is valued at $18 million in the transaction. Under the terms of the agreement, AlphaTON Capital will take over the day-to-day operations of GAMEE and formally establish a strategic alliance with Animoca Brands, while prohibiting Animoca Brands from acquiring a controlling stake in AlphaTON Capital within two years.

Traders no longer expect the Federal Reserve to cut interest rates in 2026.

According to data from Jinshi, traders no longer expect the Federal Reserve to cut interest rates in 2026.

Amundi, Europe's largest asset management firm, has partnered with Spiko to launch a tokenized public fund based on Chainlink.

According to CoinDesk, Amundi, Europe's largest asset manager (managing approximately €2.3 trillion in assets), has partnered with Spiko Finance to launch the tokenized mutual fund SAFO, powered by Chainlink technology.

Animoca Brands has invested in AVAX tokens, aiming to drive Avalanche's expansion in Asia and the Middle East.

According to The Block, Animoca Brands has invested in AVAX, the native token of the Avalanche blockchain, and entered into a strategic partnership with its developer, Ava Labs. The two companies plan to jointly expand the Avalanche ecosystem through funding, product integration, and consulting support. They will focus on supporting projects built on Avalanche, particularly those involving real-world asset (RWA) tokenization, entertainment, and digital identity. Animoca Brands stated that it will prioritize growth plans in Asia and the Middle East, leveraging its existing infrastructure and institutional relationships to help commercialize Avalanche subnets and related applications. Currently, AVAX is priced at approximately $9.55, with a market capitalization exceeding $4.1 billion.

The Bank of England kept interest rates unchanged at 3.75% as expected.

The Bank of England kept its benchmark interest rate unchanged at 3.75%, in line with market expectations, marking the second consecutive time it has held steady.

South Korea's opposition parties have proposed a new motion to completely abolish the crypto tax plan, originally scheduled to be implemented in 2027.

According to CoinDesk, South Korea's opposition party has proposed a bill to completely abolish the cryptocurrency income tax system originally scheduled to be implemented in 2027. The bill states that the current plan is to levy a 22% tax on cryptocurrency investment gains, while exempting stock investment gains from income tax—an arrangement criticized as unfair to cryptocurrency investors. If the bill passes, South Korea's planned cryptocurrency tax will be cancelled.

BlackRock transferred 930 BTC and 12,687 ETH to Coinbase.

According to Onchain Lens, BlackRock has just transferred approximately 930 BTC (about $65.48 million) and 12,687 ETH (about $27.75 million) to Coinbase, and may continue to transfer in.