Month: March 2026

NYSE owner Intercontinental Exchange invests $600 million in Polymarket

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ICE has made a $600 million direct cash investment in Polymarket, supplementing its prior $1 billion investment in October 2025, the company said Friday. Along with its earlier $1 billion investment, ICE will have fulfilled its funding obligations. This is a developing story. Please check back for further updates. Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy. Source link

Bhutan moves $45 million worth of Bitcoin in two days

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The Royal Government of Bhutan, which became one of the first sovereign Bitcoin miners by using surplus hydroelectric power, has moved 643 BTC worth over $45 million to external wallets over the past two days, according to Arkham Intel data. Bhutan once held more than 13,000 BTC and now appears to be systematically converting its digital reserves into capital. Bitcoin traded at $66,500 at press time, down 4% in the last 24 hours, per TradingView. Despite recent Bitcoin sales, Druk Holdings, the investment arm of the Bhutanese government, still holds…

Vietnam Arrests Suspects in ONUS Crypto Scheme Probe

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Vietnamese authorities have detained multiple ONUS-linked suspects after alleging they used false promotions and manipulated token trading to misappropriate investor funds through the crypto platform. The Ministry of Public Security said Thursday that the investigation targeted a group accused of selling digital tokens through the Onus platform, using misleading promotions and coordinated trading activity to attract users. Authorities claim the group manipulated supply and demand and adjusted token prices, presenting the assets as legitimate investment opportunities while maintaining centralized control over their markets.  Investigators named several suspects in the case,…

Binance Australia hit with multimillion-dollar penalty after retail investor losses

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Binance Australia Derivatives, operated by Oztures Trading, has been fined $6.9 million after a court found it incorrectly classified over 85% of its clients as wholesale investors between July 2022 and April 2023, according to a Friday press release published by the Australian Securities and Investments Commission (ASIC). The misclassification exposed 524 retail investors to risky crypto derivative products without required safeguards, resulting in over $8 million in losses and fees. Binance admitted to major compliance failures, including flawed onboarding processes, insufficient staff training, and poor oversight by senior compliance…

Australia Court Fines Binance $6.9 Million over Client Onboarding Failures

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An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of its Australian client base and exposing retail investors to high-risk crypto derivatives without required protections. The Australian Securities and Investments Commission (ASIC) said the affected group included 524 retail investors who were…

Bitcoin ETFs Bleed $171M, as Investors Fear Weekend War Escalation

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US spot Bitcoin exchange-traded funds (ETFs) logged $171 million in outflows on Thursday, their biggest day of redemptions since March 3, when they posted $348 million in outflows.  BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the outflows with $41 million, Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $32 million, the ARK 21Shares Bitcoin ETF (ARKB) sold $30.5 million, and Grayscale’s Bitcoin Trust ETF (GBTC) sold $24 million, according to data from Farside Investors. The outflows follow a period of demand for Bitcoin ETFs, which attracted $1.36 billion in monthly…

Tether Hires KPMG for First Full USDt Audit: Report

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The Financial Times reported Friday that Tether has hired KPMG to conduct its first full audit of USDT’s financial statements and brought in PwC to help prepare its internal systems, citing people familiar with the matter. The reported mandate follows Tether’s Tuesday announcement that it had formally engaged a Big Four firm for an inaugural financial statement audit, without naming the provider, and comes after years of pledges to deliver a full review of its books while relying instead on periodic reserve attestations from BDO Italia, the Italian member firm…

Bitcoin Whales Bought up 61K BTC In a Month Amid Global Uncertainty

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Large Bitcoin holders accumulated 61,568 more Bitcoin over the past month against the backdrop of escalating conflict in the Middle East and macroeconomic uncertainty.  Whales and sharks, defined as those holding between 10 and 10,000 Bitcoin (BTC), have increased their holdings by 0.45%, while wallets with under 0.01 Bitcoin have added 0.42%, or 213 BTC, over the past month, Santiment said in an X post Thursday. The figures support recent data showing that Bitcoin exchange outflows have persisted throughout March, indicating that Bitcoin holders are accumulating rather than looking to…

UK Sanctions Xinbi to Isolate It From the Legitimate Crypto Ecosystem

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The UK government is cracking down on a $20 billion Chinese-language crypto guarantee marketplace, with sweeping sanctions aimed at cutting the platform off from crypto access. The UK’s Foreign, Commonwealth & Development Office said in a statement Thursday that Xinbi provides crypto-based services, scam-enabling tools and other illicit services to bad actors and plays a central role in scam centers operating across Southeast Asia. “The UK’s sanctions will isolate the platform from the legitimate crypto ecosystem, significantly disrupting its operations by affecting its ability to send and receive cryptocurrency transactions,”…

Solana (SOL) Hits Key Support, Will Bulls Hold the Line?

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Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $88 and might struggle to start a recovery wave. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $88 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $85 or $80.…