Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

**March 8** — CipherTrace reports an on-chain address executed a rug pull just one hour ago, liquidating 115.6 WBTC and incurring a $4.48 million loss. Details show the address’s **per-WBTC cost basis** was $105,431, while today’s selling price per WBTC was $67,070. The 115.6 WBTC sale netted 7,753,000 DAI. ### Notes on U.S. language habits applied: 1. **Conciseness**: Cut redundant phrases (e.g., "according to" → "reports"; "on the chain" → "on-chain"). 2. **Logical clarity**: Added "per-WBTC" to fix the original cost/sale mismatch (critical for U.S. readers to follow data). 3. **Flow**: Used a dash for headline structure (standard in U.S. crypto/finance alerts) and split details into a separate line for readability. 4. **Active voice**: Swapped passive "was pulled" → active "executed a rug pull" (common in U.S. news for urgency).

March 8 – Per data from @obchakevich_, funding volume in the Crypto Payment Infrastructure sector continues to surge: - Q1 2024: ~$2.23 billion - Q1 2025: ~$7.38 billion (231% year-over-year (YoY) jump) - Q1 2026: ~$10.5 billion (43% YoY increase, marking the first time it’s crossed the $10 billion threshold) This version uses concise, American English conventions: - Date format (Month Day, no ordinal "th" in casual/quick updates) - Clear bullet points for readability (common in U.S. financial quick hits) - Abbreviation "YoY" (standard in U.S. business reporting) - Action verbs ("surge," "jump") instead of generic "grow" - "Threshold" (natural term for financial milestones) - Contraction "it’s" (casual, appropriate for quick updates) - No unnecessary HTML tags (clean, scannable text)

On March 8, Allium Data reported that stablecoin transaction volume hit a record $1.8 trillion in February. USDC led with roughly $1.26 trillion in volume—accounting for about 70% of the total—surpassing USDT’s $514 billion. While USDC’s market cap is $77.4 billion (still less than half of USDT’s $184 billion), its transaction volume has consistently outpaced USDT’s in recent months, per Cointelegraph.

On March 8, 1M AI News reported that Kaitlyn Kalinovsky—who has led OpenAI’s Robotics Division since November 2024—has resigned over concerns about the company’s military negotiations. “This wasn’t an easy decision,” she said. “AI plays a critical role in national security, but unchecked U.S. surveillance and unconsented lethal autonomous weapons are lines that should have been examined far more carefully. This is about principles, not people.” Her departure comes amid growing controversy: AI firms are increasingly split over supporting the U.S. military’s use of the technology. Recently, negotiations between the U.S. Department of Defense (DoD) and Anthropic collapsed after the latter demanded strict limits on domestic surveillance and autonomous weapons. Soon after, OpenAI struck a deal with the DoD to deploy its models on a classified government network.

On March 8, Galaxy Research Director Alex Thorn noted that the U.S. Treasury Department has submitted a report to Congress pursuant to the GENIUS Act, calling for decentralized finance (DeFi) to explicitly assume anti-money laundering and counter-terrorist financing (AML/CFT) obligations. The report also proposes establishing a “hold law” safe harbor mechanism for digital assets, enabling institutions to temporarily freeze assets during suspicious transaction investigations without a court order. Additionally, it reveals that crypto-related crime continues to expand: for instance, the FBI recorded $9 billion in losses from crypto scams in 2024.

**March 8: Coinbase has announced it’s adding Fluent (BLEND) to its listing roadmap.** **Trading for the asset remains pending market maker support and technical infrastructure readiness.** **The exact listing time will be announced separately once those conditions are met.**