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Token2049 Dubai Organizer: Despite Escalating Middle East Conflict, Conference Will Proceed as Planned

2 hours ago

March 10th — A report from Fortune confirms organizers of Token2049 Dubai say the spring crypto conference will go ahead as planned, despite ongoing regional tensions in the Middle East. “A spokesperson for the event stated: “Token2049 Dubai is still on track. All preparations are proceeding smoothly for the late-April event; registration data shows it’s nearly sold out, and the exhibition space is fully confirmed. We’re aligned with the venue and partners on all prep work.” Amid escalating Middle East conflicts, several conferences and sports events have been postponed or canceled in recent weeks. Last week, following U.S.-Israeli strikes on Iran, sections of Dubai’s main airport were damaged, and missile debris landed on the Palm Jumeirah artificial island, injuring four people. Token2049 Dubai is widely seen as one of the largest annual crypto gatherings. This year’s speaker lineup includes Eric Trump (son of former U.S. President Donald Trump), Polymarket CEO Shayne Coplan, Tether CEO Paolo Ardoino, and others. Last year’s event drew more than 15,000 attendees.
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Circle Surges 9.7% as Whale Snags $1M Pre-market Position at New Address

March 10 — Per HyperInsight monitoring, Circle’s stock gained further in intraday trading, hitting an intraday high of $112.5 before closing at $111.8 for a 9.7% daily gain. Consequently, CRCL (Circle-linked mapping contract) on the Hyperliquid platform briefly topped $115. It was last trading at $114.2, up 18% over 24 hours and representing a 2.15% premium to its spot price. The trader who nailed this rally is a newly created wallet address (0xcee). At 4:00 PM ET yesterday (timed to the U.S. stock pre-market open), the address opened a 2x leveraged long position on CRCL with a $1.01M position size and average entry price of $100.40. As of press time, the position’s unrealized profit stands at $120,000, for a 21% return. Reportedly, the address first deposited $448,000 to Hyperliquid at 3:29 PM ET yesterday—its first transaction on the platform. It opened the long position just 30 minutes after depositing funds, then captured Circle’s full price move from pre-market to close.

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Coinbase CEO: Number of AI Agents Trading Will Soon Outnumber Humans

March 10th — Coinbase CEO Brian Armstrong took to social media to note: “Soon, the number of AI agents making transactions will surpass that of humans. They can’t open bank accounts, but they can own crypto wallets.”

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ETH OG with a position entry cost of only $10.37 suspected of liquidation, transferred 5082 ETH to Coinbase 4 hours ago

On March 10th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that an ETH OG who accumulated ETH in 2016 at an average cost of ~$10.37 is suspected of selling off. Address 0x533...cBf48 transferred its remaining 5,082 ETH to Coinbase 4 hours ago, with the tokens currently valued at $10.27 million. If sold, the transaction would yield a profit of $10.215 million, translating to a return on investment (ROI) of 19,383%. Tracing the fund origins: The originating address 0x288...56279 withdrew 23,300.79 ETH from Kraken as early as October 2016, spending just $241,000 at the time.

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Supreme People's Procuratorate Work Report: 3,259 People Prosecuted for Money Laundering Crimes Using Virtual Currency, Underground Banks, etc. starting in 2025

March 10, China’s Supreme People’s Procuratorate (SPP) Procurator-General Ying Yong presented the SPP’s work report to the Fourth Session of the 14th National People’s Congress (NPC). Key updates from the report: - By 2025, the procuratorate will **ramp up anti-money laundering efforts**, with 3,259 people charged in cases involving virtual currencies, underground banks and related schemes. - Law enforcement actions targeting telecom fraud resulted in the prosecution of 69,000 individuals. ### Notes on U.S. language habits: 1. **Conciseness**: Used abbreviations (SPP, NPC) after full first mention (common in U.S. news). 2. **Active tone**: Phrases like "ramp up" (vs. "intensify") and "targeting" (vs. "against") feel more natural in U.S. media. 3. **Clear structuring**: Broke key stats into bullet points for readability (standard for U.S. news briefs). 4. **Common terms**: "Telecom fraud" (shortened from "telecommunications fraud") is widely used in U.S. English. A

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Virtuals announces the launch of ERC-8183, building an AI Agent Business Layer

March 10 – Virtuals Protocol has announced the launch of ERC-8183, the AI Agent Business Layer, developed jointly with the Ethereum Foundation’s dAI team. ERC-8183 centers on the "Job" primitive, encompassing a client-provider-assessor triad, supporting four states (from open to completed) and extending custom logic via a Hook mechanism—including fund transfers and reputation checks. The standard forms the foundation for the ERC-8004 Trust Layer: each Job acts as a reputation signal, each submission is a deliverable outcome verifiable by validators, and each assessment serves as referenceable proof for other agents.

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Previously lost $1.595 million shorting crude oil, the address has now shorted crude oil again and is currently up $1.405 million

On March 10th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that on March 8th, an address which previously incurred a $1.595 million loss from shorting oil re-shorted 6,562 barrels of oil at an average price of $106.28—its current value stands at $5.57 million. The address now holds a floating profit of $1.405 million, ranking second in floating profits for oil positions on the Hyperliquid platform.

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