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The WLFI team deposited 146.4 million WLFI into the CEX, equivalent to around $15.38 million

2 hours ago

March 4: Onchain Lens data shows the WLFI team transferred 146M WLFI tokens to OKX and Bitget, with the assets valued at ~$15.38M.
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Fed Governor Milan: A One Percent Rate Cut This Year Is Appropriate

March 4 — Federal Reserve Governor Milan says a 1 percentage point rate cut this year is appropriate. (Xinhua News Agency) ### Notes on American English adaptation: 1. **Date format**: Uses "March 4" (common in U.S. news for numeric dates without trailing "th" in casual/concise contexts, though "March 4th" is also acceptable; the em dash after the date aligns with U.S. news style for attribution). 2. **Abbreviations**: "Fed" is the standard shorthand for "Federal Reserve" in U.S. financial news, but kept "Federal Reserve Governor" for clarity (if brevity is priority, could use "Fed Governor Milan" instead). 3. **Tone**: Uses the simple present "says" (common in U.S. news for breaking statements) instead of more formal verbs like "stated". 4. **Conciseness**: Shortened "interest rate cut" to "rate cut" (standard in U.S. financial discourse). 5. **Source attribution**: Kept "(Xinhua News Agency)" as is (U.S. news retains full agency names for non-domestic sources). If maximum

7 minutes ago

Cyclops Raises $8 Million with Participation from Castle Island Ventures

March 4 — Stablecoin infrastructure firm Cyclops has closed an $8 million funding round, with backers including Castle Island Ventures, F-Prime, and Shift4 Payments. The company’s valuation was not disclosed. Cyclops focuses on building a foundational layer to speed up stablecoin adoption. Co-CEO Alex Wilson said: “Our vision is to become the go-to platform for payment companies when developing various stablecoin solutions.”

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「Mini Non-Farm Payrolls Report」 came in slightly above expectations, and the market continues to expect the Fed to stay put in March.

March 4th – The ADP National Employment Report released Wednesday showed U.S. private-sector job gains beat expectations in February, though January’s data was sharply downwardly revised. Private payrolls rose by 63,000 last month, while January’s figure was cut from a previously reported 22,000 increase to 11,000. The data suggests the labor market has stabilized despite uncertainty tied to last year’s import tariffs. Labor market stability and persistent high inflation are seen as factors pushing the Federal Reserve to hold interest rates steady this month. Additionally, the U.S.-Iran aerial clash and Tehran’s retaliatory measures have driven up oil and gas prices, prompting traders to downgrade their expectations for rate cuts this year amid concerns the conflict could stoke inflation. The probability of a June rate cut has fallen sharply. The Fed held its benchmark overnight rate in the 3.50%-3.75% range in January. (FXStreet)

7 minutes ago

BlackRock has withdrawn 3,809 BTC from Coinbase in the last 24 hours and deposited 19,637 ETH

On March 4, monitoring by The Data Nerd indicates BlackRock withdrew 3,809 BTC (roughly $260 million) from Coinbase over the past 24 hours, while meanwhile receiving 19,637 ETH (about $39.74 million).

7 minutes ago

A new wallet withdrew 500 XAUT from Bybit, worth approximately $2.57 million

March 4: A newly created crypto wallet withdrew 500 XAUT from exchange Bybit, with the transaction valued at roughly $2.57 million, per Onchain Lens monitoring data.

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Backpack Announces Launch of On-Chain IPO Subscription Service

March 4 — Backpack has launched on-chain IPO access, letting users directly secure IPO shares via its platform. The service is powered by infrastructure partner Superstate and operates on the Solana network. In an official statement, the platform noted users will hold direct ownership of actual stock shares. Waitlist sign-ups are currently open.

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