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U.S. Senator: The new version of the "CLARITY Act" will provide the "strongest protection" for DeFi and developers
U.S. Senator Cynthia Lummis stated that the latest revision of the CLARITY Act will provide stronger protections for DeFi and developers, but some provisions may still pose liability risks for DeFi developers. The bill will be reviewed by the Senate Banking Committee in April.
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Deep Tide TechFlow News, March 28, Thailand and Iran reached an agreement allowing ships to pass through the Strait of Hormuz. (Jin10)
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Deep Tide TechFlow News, March 28 — According to Farside monitoring, yesterday the US spot Bitcoin ETF experienced a net outflow of $225.5 million, marking the second consecutive day of net outflows. Yesterday, the US spot Ethereum ETF experienced a net outflow of $48.5 million, marking the eighth consecutive day of net outflows.
BTC-3,27%
ETH-3,18%
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Deep Tide TechFlow News, March 28 — According to the Financial Times, South Korean President Lee Jae-myung has nominated Shin Hyun Song, Director of the Monetary and Economic Department at the Bank for International Settlements, a "pragmatic hawk," as the new candidate for the Governor of the Bank of Korea. It is reported that Shin Hyun Song is opposed to the Lee Jae-myung administration's push for the Korean won-pegged stablecoin, believing that in countries with volatile exchange rates and susceptibility to capital outflows, stablecoins can easily become tools for capital flight, and stablec
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Deep Tide TechFlow News, March 28 — According to FinanceFeeds, the Central Bureau of Investigation of India has arrested suspect Sunil Nellathu Ramakrishnan (also known as Krish). He is suspected of involvement in a transnational human trafficking network related to Southeast Asian online scams and is identified as a key coordinator of a cross-border scam network.
This network lures Indian citizens through fake job postings, then transports them to scam zones in Myanmar, Cambodia, and other countries, where they are forced to engage in crypto investment scams, romance scams, and other activiti
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Deep Tide TechFlow News, March 28 — According to OnchainSchool monitoring, after the WorldCoin team transferred 89.65 million WLD tokens earlier, they transferred another 75 million WLD tokens to a different address this morning, worth approximately $19.72 million. The related funds may further flow into exchanges. Data shows that this address currently still holds about 103.9 million WLD tokens, valued at approximately $25.76 million.
WLD-12%
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Deep Tide TechFlow News, March 28 — According to Caixin, after the founder of Cambodia Prince Group, Chen Zhi, was detained for over two months, the UK further sanctions Southeast Asian scam networks, including closely related individual Hu Xiaowei. The UK’s published sanctions document refers to Hu Xiaowei as “Wu Anming,” stating that he has connections with Chen Zhi and Prince Group, and is a “long-term collaborator of Chen Zhi,” providing financial services, economic resources, and technology support.
It is reported that the virtual currency trading platform “Xinbi” has also been sanctioned
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Data: Currently, mining companies lose approximately $19,000 for every 1 BTC mined, prompting a shift toward AI and infrastructure transformation.
Bitcoin mining companies are shifting towards artificial intelligence and high-performance computing due to mining losses, with contracts worth up to $70 billion already announced. By 2026, AI is expected to account for 70% of mining companies' revenue. Core Scientific and TeraWulf's AI revenue shares are 39% and 27%, respectively.
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Deep Tide TechFlow News, March 28 — According to Globenewswire, cryptocurrency exchange-traded product issuer 21Shares announced that on March 31, it will distribute staking rewards to investors of its Ethereum ETF TETH and Solana ETF TSOL. Each TETH share will receive a distribution of $0.012530, and each TSOL share will receive a distribution of $0.016962.
ETH-3,18%
SOL-3,93%
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Deep Tide TechFlow News, March 28 — According to data disclosed by Bloomberg ETF analyst James Seyffart on the X platform, from October 2025 to the end of February this year, Bitcoin ETFs experienced approximately $9 billion in large-scale outflows, but about $3 billion of that has now been recovered. Although the overall net outflow since the "1011 Crash" remains over $6 billion, the year-to-date performance shows that Bitcoin ETF inflows and outflows have basically balanced out, indicating a certain recovery in market sentiment.
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ZKsync Founder Responds to Canton’s Criticism: ZK Proofs Are Not Systemic Risks; Single-Point Trust Is the Real Hazard
ZKsync founder Alex Gluchowski responds to Canton Network's skepticism about zero-knowledge proofs, emphasizing that the effectiveness and security of the technology rely on redundancy and isolation design rather than solely on data isolation. He points out that Ethereum has undergone rigorous testing, and its security surpasses that of closed systems.
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ZK-5,27%
ETH-3,18%
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Solana Treasury Company Artelo Biosciences to raise $11 million through a private placement
Artelo Biosciences announced the sale of 3,188,407 common shares at $3.45 per share, raising $11 million, and plans to issue up to 6,376,814 warrants at $3.20 per share, with total proceeds potentially reaching $20.4 million. The transaction is expected to close on March 30.
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SOL-3,93%
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Deep Tide TechFlow News, March 28 — According to Bloomberg, U.S. Senator Elizabeth Warren sent a letter to the Secretary of Commerce on Thursday, requesting documents and other information regarding the mining company Bitmain to review potential "national security risks." She also specifically asked for clarification on communications between Bitmain, the Trump family, and the Department of Commerce, questioning whether national security decisions are being influenced by political interests.
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Deep Tide TechFlow News, March 28 — According to Lookonchain monitoring, NYDIG transferred 4,500 BTC (worth approximately $295.5 million) to Wintermute, Cumberland, FalconX, B2C2 Group, and Galaxy Digital eight hours ago, possibly for sale.
BTC-3,27%
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Deep Tide TechFlow News, March 28 — According to crypto journalist Eleanor Terrett, staff from U.S. Senator Thom Tillis (R-NC)’s office revealed that their office plans to publicly release the detailed legislative text on stablecoin yield/reward terms next week. They are currently in ongoing negotiations with stakeholders.
This move stems from dissatisfaction among Coinbase and other crypto industry stakeholders with the parameters of the proposal presented in a limited scope earlier this week. Coinbase Global Investment Research Director David Duong stated that industry leaders are currently
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Cryptio CEO on Stablecoin Legislation: The current ban is a "self-interested action" driven by bank lobbying
Cryptio CEO Antoine Scalia comments on the US Senate's CLARITY Act stablecoin yield provisions, accusing the ban pushed by bank lobbying as a self-serving act. He believes that stablecoin yields should be allowed to protect American consumers' interests and the US dollar's status, while emphasizing that policies should ensure transparency and compliance.
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Plume legal advisors urge the SEC to accelerate the development of tokenization regulations and promote DeFi processes
Plume legal advisor Banaei testified before Congress, calling for the U.S. SEC to accelerate the development of tokenization regulations and to promote full ATS registration for DeFi protocols. He criticized the SEC for relying too heavily on innovation exemptions, suggested seeking public input to address rule incompatibility issues, and emphasized that to attract large institutions, the development of real-world asset tokenization must be expedited.
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Deep Tide TechFlow News, March 28 — California Governor Gavin Newsom signed an executive order prohibiting government officials from using non-public information obtained during their duties to profit from insider trading in prediction markets. The ban extends to their spouses, family members, and former business partners. The executive order explicitly states that public officials appointed by the governor are not allowed to use "confidential or non-public information" to bet on political or economic events related to their official duties. Newsom stated that public service should not be a to
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Deep Tide TechFlow News, March 28, according to CoinDesk, Morgan Stanley plans to price its proposed spot Bitcoin offering. According to the revised filing submitted to the U.S. Securities and Exchange Commission (SEC), the ETF fee is 0.14% (14 basis points). If approved, this will be the lowest-priced fund in the market. Currently, market fees typically range from 15 to 25 basis points, with the lowest being the Grayscale Bitcoin Mini Trust ETF at 0.15%. Larger funds, including the iShares Bitcoin Trust (IBIT) under BlackRock, have a fee rate of 25 basis points.
BTC-3,27%
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