Important news from last night and this morning (March 26-27)

Musk's xAI has launched a paid version of SuperGrok; free users will be limited to Grok 3.

According to Tech in Asia, xAI has launched a paid subscription service, SuperGrok Lite, for $10 per month, which provides users with access to Grok 3.5 models. Free and basic users will continue to use Grok 3, but their query count and functionality will be severely limited. SuperGrok removes most of these limitations and offers more exclusive features, targeting deep AI users such as researchers, professionals, and creators.

Michael Saylor: The next phase for the crypto industry will be digital lending

According to Forbes, Strategy founder Michael Saylor stated at the Digital Asset Summit that the next phase of the crypto industry will be digital lending. He pointed out that Strategy's preferred stock, STRC, offers an 11.5% yield, 2% volatility, and a Sharpe ratio close to 4, making it a low-volatility, high-yield fixed-income instrument with institutional-grade liquidity. Saylor believes that Bitcoin-backed digital lending instruments are "the most attractive lending instruments globally." Saylor divides crypto assets into three layers: digital equity absorbs high volatility gains, digital capital occupies the middle, and digital lending provides structured returns with near-zero volatility. He stated that STRC's Sharpe ratio is in the top 1% or even the top 0.1% among publicly traded securities.

A whale opened a long position of 1.38 million HYPE contracts at a high price and held it for four months, weathering a paper loss of $26 million until it broke even.

According to on-chain analyst Yu Jin, a whale who opened a long position of 1.38 million HYPE tokens (worth $53.3 million) at a high price of $38.6 in November last year has held onto the position for four months and has now broken even after incurring a floating loss of $26 million. After opening the long position at $38.6 in November, HYPE began to decline. It fell to a low of $20 at the end of January (it wasn't liquidated because margin was added at that time), resulting in a floating loss of $26 million. After holding the position for four months, HYPE has now rebounded above his opening price, and he currently has a floating profit of $440,000.

Artificial intelligence company Anthropic is considering an IPO as early as October.

According to CLS News Agency, artificial intelligence company Anthropic is considering an IPO as early as October and has already begun preliminary discussions with several Wall Street banks regarding a potential listing. Previous media reports indicated that Anthropic could raise over $60 billion through the IPO.

A whale spent 15.57 million USDC to buy 7,543 ETH and used it to make profits.

According to Onchain Lens monitoring, a whale spent 15.57 million USDC to buy 7,543 ETH at a price of $2,064, intending to use the funds to generate profits. This whale currently holds 29,451 ETH, worth $60.83 million.

A whale that once "sold 255 BTC to short" has opened a 40x long position in BTC, with a total position exceeding $30 million.

According to Lookonchain monitoring, the whale who previously "sold 255 BTC to short" has switched from a short to a long position in BTC, opening a 40x leveraged long position of 439.92 BTC ($30.23 million). He has also increased his long position in Brent crude oil, currently holding 249,406 xyz:BRENTOIL ($25.25 million).

The WorldCoin team transferred 89.65 million WLD tokens to a CEX via a new wallet, equivalent to approximately $26.17 million.

According to Onchain Lens, the WorldCoin team transferred 89.65 million WLD (US$26.17 million) to a new wallet and then began transferring the funds to centralized exchanges (CEXs).

GameStop has converted its $368 million Bitcoin holdings into an options payout strategy.

According to CoinDesk, GameStop disclosed in its annual report that 4,709 of its 4,710 Bitcoins were pledged to Coinbase as collateral for an over-the-counter covered call option strategy. The company earns premiums by selling short-term call options with strike prices between $105,000 and $110,000, while preserving the upside potential of Bitcoin. This strategy means its Bitcoin holdings are no longer recorded as directly held assets but rather as receivables. Because Coinbase can re-pledge or redeploy pledged Bitcoins, GameStop no longer classifies these assets as directly held. The company reported $368.3 million in receivables related to pledged Bitcoins at the end of the fiscal year, while also recording a $59.7 million unrealized loss due to the decline in Bitcoin prices.

Coinbase adds Based One (BASED1) to its listing roadmap

According to an official announcement, Coinbase has added Based One (BASED1) to its listing roadmap. The listing of these assets still depends on the availability of market-making support and technical infrastructure. The specific listing time will be announced separately once the relevant conditions are met.

A new wallet received over 55,000 ETH from Galaxy Digital, worth nearly $114 million.

According to Onchain Lens, a newly created wallet received 55,175 ETH from Galaxy Digital, worth $113.62 million.

JPMorgan Chase: Bitcoin outperformed gold during the Iran war, exhibiting characteristics of a safe-haven asset.

According to The Block, JPMorgan analysts stated that Bitcoin outperformed gold and silver during the Iran war, showing signs of capital inflows and increased activity, while precious metals experienced significant capital outflows and position liquidations. Analysts pointed out that gold ETFs saw outflows of nearly $11 billion in the first three weeks of March, and silver ETFs had completely reversed their inflows since last summer, while Bitcoin saw net inflows during the same period, demonstrating its strong performance relative to traditional safe-haven assets. Analysts stated that after the outbreak of the war, crypto activity in Iran surged, with local residents transferring funds from domestic exchanges to self-custodial wallets and international platforms. Bitcoin's borderless nature, self-custodial capabilities, and 24-hour trading make it a preferred tool for capital flows during periods of economic instability, monetary pressure, and capital controls.

ARK Invest uses Kalshi forecasting market data to assist in investment and risk management.

According to The Block, ARK Invest, founded by Cathie Wood, announced it will use Kalshi forecast market data to support its investment strategies and manage risk. ARK stated that the forecast market data will supplement fundamental and quantitative analysis, provide real-time forecast indicators, and manage portfolios by hedging exposure to specific events and macroeconomic and industry risks. ARK CEO Cathie Wood stated that incorporating forecast markets into institutional workflows is an inevitable direction for innovation in financial research.

Panic betting emerges in markets: If the war spirals out of control, the Federal Reserve may raise interest rates urgently within weeks.

According to Jinshi, bond traders, panicked by the potential escalation of the conflict with Iran, are seeking to hedge against the worst-case scenario of a potential war—that the Federal Reserve might be forced to raise interest rates in the coming weeks. In the options market, which tracks Fed policy, demand for bets linked to the Secured Overnight Financing Rate (SOFR) has emerged, corresponding to a rate hike as early as two weeks ago. These trades will profit if the bond market significantly increases its expectations for a rate hike before the Fed's policy meeting on April 29. This surge in hedging demand against an emergency rate hike marks a sharp reversal in market sentiment.

Trump postpones strikes on Iranian energy facilities again; April 6th becomes the next focus.

According to Jinshi News, Trump announced that the planned strikes against Iran's energy infrastructure would be suspended for 10 days, postponed to 8 p.m. Eastern Time on April 6. Eamonn Sheridan, an analyst at the US financial website InvestingLive, stated that this move indicates that diplomatic contacts are still actively progressing. Trump stated that negotiations with Iran are ongoing and progressing well, providing a window of opportunity to de-escalate tensions in the Middle East. This decision effectively postpones what the market had feared as a major escalation of tensions against Iran's energy sector, offering a short respite to global energy markets, particularly the oil market. By postponing the action, Washington appears to be testing whether a breakthrough can be achieved through clandestine channels or mediated negotiations, or at least preventing further escalation of the situation. However, the set deadline indicates that the risks remain high.

David Sacks steps down as White House AI and cryptocurrency affairs chief, core legislative agenda still unfinished.

According to Decrypt, David Sacks, the White House's head of artificial intelligence and cryptocurrency affairs, has stepped down due to reaching the 130-day term limit for special government employees. His core crypto agenda, including market structure and stablecoin legislation, remains unresolved. During his tenure, Sacks spearheaded the Trump administration's crypto policy, including pushing for related legislation and supporting a US strategic Bitcoin reserve, but some major reforms expected by the industry remain unresolved. Sacks will continue to participate in government affairs as co-chair of the President's Council of Advisors on Science and Technology, focusing on artificial intelligence and broader technology policy. He previously stated that market structure and stablecoin legislation could be passed within 100 days of the administration's inauguration, but the CLARITY Act has encountered obstacles in Congress.

Trump: We are having very substantive negotiations with Iran.

US President Trump: We are having very substantive negotiations with Iran, and I will announce a new "deadline" for these negotiations. Judges and Supreme Court justices are hurting us. The Supreme Court is also hurting our country. US President Trump: (When asked what the gift from Iran was) Iran initially said it would release eight oil tankers flying the Pakistani flag. Iran apologized to us for certain things, then released two more ships, so Iran ultimately released ten ships.

Resolv warns against trading USR: Hackers have mixed fake tokens with legitimate USR.

As Resolv Labs continues its efforts to address the vulnerability and recover assets, it strongly advises users not to trade or buy USR on the secondary market at this time. On-chain data shows that uncollateralized USR illegally minted by the hacker is circulating in a large number of addresses alongside legally minted USR from before the incident, and these tokens have no redemption rights. Resolv states that any transactions at this time may involve illicit tokens and increase the difficulty of subsequent recovery and liquidation. The team is currently working with the affected protocols to develop solutions and assess potential compensation for affected holders, but the scope of compensation may be limited by continued trading activity.

Trump: 154 Iranian ships destroyed; Iran no longer has minelayers.

US President Trump: The war with Iran is progressing extremely rapidly, far ahead of schedule. The timeline for the war with Iran is four to six weeks. Iran is talking to us. Iran is negotiating with us because they have been defeated. 154 Iranian ships have been destroyed. The US can really 'freely enter' Iranian towns. Iran has a chance to reach an agreement. Let's see if we can reach the right agreement. If Iran reaches the right agreement, the Straits will reopen. Iran no longer has mine-laying ships. Iran has a chance to abandon its nuclear ambitions. In the meantime, we will continue to 'completely destroy' them. Iran must reach an agreement or it will face continued attacks from the US. US President Trump: (Regarding US stocks) I thought they would fall even more. The decline in oil prices and stocks is not as "serious". Measures to help American farmers will be announced on Friday. Energy prices will fall, and may even go lower.

Trump: We are destroying Iran, which should have reached an agreement four weeks ago.

US President Trump has begun a cabinet meeting, stating that if the government shutdown continues, he will take "very harsh" measures. Trump stated: "We are destroying Iran, we are destroying Iran's drone inventory. We have completely destroyed Iran's navy and air force, the vast majority of its missiles and launchers, up to 90%. Iran is begging for a deal, not me. Everyone knows it's Iran negotiating with us. I don't know if I'm willing to make a deal with Iran. Iran was supposed to reach an agreement four weeks ago. The Iranian navy has been 'sunk'."

A whale used 20x leverage to short BTC and ETH, with a nominal position of approximately $80 million.

A whale with an address starting with "0x049" opened a large short position on Hyperliquid, including 577.34 BTC with a nominal value of approximately $40 million and 19,344.8 ETH with a nominal value of approximately $40 million, using a leverage of 20 times.

USDT0 has launched on the payment public chain Tempo, now covering more than 23 chains.

According to The Block, USDT0 has been launched on Tempo, a payment-oriented public blockchain jointly developed by Stripe and Paradigm. USDT0 is issued based on LayerZero's Omnichain Fungible Token standard, pegged 1:1 to USDT, and circulates seamlessly across multiple blockchains through a locking + minting/burning mechanism. It has already been deployed on at least 23 networks, including the Ethereum mainnet, mainstream Layer 2 networks, Monad, HyperLiquid, as well as Bitcoin scaling networks Corn and Rootstock, and dedicated USDT networks Stable and Plasma.

UK sanctions cryptocurrency black market platform Xinbi, cracking down on Southeast Asian fraud money laundering network.

According to The Block, the UK government has announced sanctions against Xinbi, a cryptocurrency illicit marketplace, and its affiliated individuals and entities, alleging that it provided communication services such as crypto payments, trading of stolen goods, and satellite internet to large-scale fraud parks in Southeast Asia, including Cambodia's "#8 Park." Chainalysis data shows that Xinbi processed over $19.9 billion in transactions between 2021 and 2025, allegedly for money laundering and over-the-counter illegal transactions. The sanctions also affect the operator, Legend Innovation Co., its head, Eang Soklim, and the Prince Group financial network, which was previously sanctioned by the UK and the US; related assets, including multiple properties in London, will be frozen.

Moonwell suffers governance attack; attackers attempt to control over a million dollars with only $1,800.

The DeFi lending protocol Moonwell is facing a governance attack on its Moonriver deployment. An unknown attacker spent approximately $1,800 to purchase about 40 million MFAM tokens, completing the purchase, initiating a proposal, and getting it approved in about 11 minutes. The attacker attempted to transfer administrator privileges for seven core contracts, including lending markets, controllers, and oracles, to their controlled contract, thereby potentially extracting approximately $1.08 million in user funds. Voting on the proposal will continue until March 27th. An early quorum was reached, but the "no" votes subsequently prevailed. However, the final outcome depends on the remaining votes and coordination. Moonwell can also veto the proposal and regain control through an emergency multisignature "Break Glass Guardian."

Türkiye sold 22 tons of gold in a single week, the highest weekly volume since 2018.

Data shows that as of the week ending March 20, Turkey's central bank gold reserves fell from 820.8 tons to 771.8 tons. Bankers stated that this marked the largest weekly drop in Turkey's gold reserves since August 2018, with approximately 22 tons of gold sold last week. In addition to selling gold, the Turkish central bank also conducted approximately 31 tons of gold swap transactions last week.

MARA Holdings sold 15,133 bitcoins and repurchased over $1 billion in convertible bonds.

MARA Holdings announced an agreement with bondholders to repurchase approximately $1 billion of its 0.00% convertible bonds at approximately 90% of their face value. This includes approximately $368 million of bonds maturing in 2030 and approximately $633 million of bonds maturing in 2031, to be paid in cash at approximately $323 million and $590 million respectively. The transaction is expected to close on March 30 and 31, reducing the outstanding balances of the two tranches of convertible bonds to approximately $633 million and $292 million respectively. The company stated that the repurchase funds primarily came from the sale of 15,133 bitcoins, totaling approximately $1.1 billion, between March 4 and 25. The remaining funds will be used for general corporate purposes, reducing its total convertible bond holdings from approximately $3.3 billion to approximately $2.3 billion.

XFX, a foreign exchange settlement company, has completed a $17 million Series A funding round to expand its presence in fiat and stablecoin foreign exchange settlement.

According to Fortune, foreign exchange settlement startup XFX announced the completion of a $17 million Series A funding round, led by Castle Island Ventures, with participation from Haun Ventures and Coinbase Ventures, among others. This follows a previous seed round of $9 million. Founded by three former Bitso employees and headquartered in Miami, XFX focuses on providing institutional clients with high-speed forex and payment infrastructure between fiat currencies and stablecoins. Currently, it supports USD, Mexican Peso, and Colombian Peso, as well as various stablecoins, with a focus on providing deep liquidity on a select few currency pairs. The company plans to use the new funding to expand its quantitative team and strengthen partnerships with trading desks and banks.

Nvidia-backed open-source AI unicorn Reflection plans to raise $2.5 billion, valuing the company at $25 billion.

According to The Wall Street Journal, Reflection, an open-source AI startup backed by Nvidia, is in talks to raise $2.5 billion at a $25 billion valuation, which, if completed, would be one of the largest funding rounds in the open-source AI field. Founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, Reflection focuses on developing AI systems that can automatically write, test, and maintain code, and building an open-source model network for enterprises, research institutions, and universities, as a US-based solution to compete with overseas rivals such as China's DeepSeek.

Shield AI raised $2 billion at a valuation of $12.7 billion.

According to the New York Times, Shield AI has raised $2 billion at a valuation of $12.7 billion.

Fannie Mae to accept Bitcoin mortgage loans for the first time

Mortgage company Better Home & Finance and cryptocurrency exchange Coinbase Global have launched a new mortgage product that allows homebuyers to use their holdings of crypto assets, such as Bitcoin, as collateral when applying for a Fannie Mae-backed mortgage, without having to sell cryptocurrency for a cash down payment.

Bipartisan lawmakers in the United States have proposed a ban on federal officials' involvement in prediction market transactions.

According to The Block, U.S. Representatives Adrian Smith and Nikki Budzinski have introduced a bipartisan bill called the PREDICT Act, which would prohibit federal officials and their families from betting on political or policy events such as elections, legislation, and government actions in prediction markets. The bill would cover members of Congress, the president, vice president, politically appointed officials, and senior federal employees. Those who violate pricing regulations would face a civil penalty of 10% of the contract value and would be required to forfeit all related profits, with the funds going to the U.S. Treasury.

Binance will list Tether Gold (XAUt) and add a seed tag to it.

Binance will list Tether Gold (XAUt) on March 26, 2026 at 21:30 (UTC+8) and open spot trading pairs XAUt/USDT, XAUt/BTC, XAUt/U, XAUt/USDC, and XAUt/TRY.

Trump again urged Iran to negotiate as soon as possible, lest it be "too late."

US President Trump posted on social media that Iranian negotiators are very different and "strange." They "pleaded" with us to make a deal, which is what they should be doing because they have been militarily destroyed and have zero chance of a comeback, but they have publicly stated that they are only "considering our proposals." This is wrong! They had better get serious sooner rather than later, because once things reach that point, there will be no turning back, and the situation will not be good.

Resolv Labs: Approximately 57% of USR illegally issued by hackers has been removed.

According to the latest disclosure from stablecoin project Resolv Labs, of the 80 million USR illegally issued during the March 22 attack, approximately 46 million (about 57%) have been permanently removed from circulation through burning and blacklisting mechanisms. Specifically, approximately 9 million USR were directly burned in two batches on March 22, approximately 36 million were locked in the form of wstUSR in blacklisted addresses after the contract upgrade, and the remaining USR held by the attacker's address has been subsequently burned. Resolv Labs stated that there are no longer any illegally issued assets that can be transferred or exchanged in the addresses associated with the attacker.