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🔻 The U.S. Securities and Exchange Commission has closed its long running case against Justin Sun, who had been accused of fraud and selling unregistered tokens TRON (TRX) and BitTorrent (BTT).
Sun settled the case by agreeing to pay a $10 million fine in exchange for the lawsuit being withdrawn.
Many observers note that Sun got off relatively lightly given the scale and duration of the investigation.
🇺🇸 U.S. Tech Giants Urge Trump to End ‘W@r’ With Anthropic…
U.S. technology associations representing companies such as $GOOGLon , $AAPLon , $NVDAon , and AMD have called on Donald Trump to reconsider the decision to designate Anthropic as a threat to the supply chain.
According to the groups, such a move could harm the entire industry and undermine the country’s technological leadership.
The conflict began after Anthropic refused to sign a contract with the United States Department of Defense without restrictions on the use of AI for mass surveillance and autonomous weapons. Following that decision, authorities ordered federal agencies to stop using the company’s technologies, giving them six months to transition to alternatives.
🚨 FBI Arrests Suspect in $46M Theft From U.S. Government…
The Federal Bureau of Investigation (FBI) has arrested John Dagita, the son of an executive at a company linked to the storage of confiscated crypto assets for the United States Marshals Service.
He is suspected of stealing $46 million in cryptocurrency from assets that were under the agency’s control.
According to investigators, the suspect previously boasted about his millions in private Telegram chats and effectively left digital traces confirming his control over the wallets.
The arrest took place on the island of Saint Martin during a joint operation by the Federal Bureau of Investigation and the French National Gendarmerie.
🇺🇸 U.S. May Tighten Rules for Crypto and Prediction Markets…
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are preparing new guidance on regulating the crypto market and prediction markets. The documents have already been submitted to the White House and may define how crypto assets should be classified either as commodities or securities as well as establish rules for platforms that allow betting on real world events.
At the same time, discussions are underway in the U.S. about banning bets on political events. Senator Chris Murphy is preparing a bill following a scandal involving wagers on a potential U.S. strike against Iran. According to analysts, several addresses reportedly earned about $1.2 million from these bets.
🇺🇸 Prayer Held at the White House for Trump and the U.S. Armed Forces…
During a prayer at the White House, attendees bowed their heads and extended their hands toward U.S. President Donald Trump. Trump himself closed his eyes and silently nodded.
“Father, we pray that you continue to give our president the strength to lead our great nation,” the pastor said during the prayer.
The prayer also included blessings for members of the United States Armed Forces.
U.S. President Donald Trump said in an interview with Politico that Cuba could become the next country after Iran where the United States may play a role in a regime change.
Trump emphasized that instability in Cuba is increasing following the leadership change in Venezuela. He noted that the U.S. has cut off supplies of Venezuelan oil to the island, which he believes has partially worsened the situation.
“We cut off all the oil, all the money… everything coming from Venezuela, which was the only source. Cuba will fall too,” Trump said.
📉 PEI Licensing, the owner of the Penguin clothing brand founded in 1955, has filed a lawsuit against the Pudgy Penguins NFT brand, accusing it of trademark infringement.
➡️ The dispute was triggered after Pudgy Penguins sold more than 1 million plush toys and launched its own clothing line.
PEI claims the company ignored a cease and desist letter sent in October 2023, demanding it stop producing the toys and apparel, which allegedly diluted the value of the Penguin brand.
✅ PEI is now seeking financial compensation including all profits from the disputed sales and has requested that the case be heard by a jury. ⚖️
Sharks are accumulating aggressively. Wallets holding 100–1,000 $BTC are increasing their net positions at one of the fastest rates on record. Historically, strong accumulation from this cohort often precedes major upside moves. Smart money positioning is turning clearly bullish. 🚀
Brent Crude climbed above $83 a barrel as the escalating conflict involving Iran disrupted energy flows across the Middle East.
The biggest concern is the Strait of Hormuz, where tanker traffic has plunged over 95% as shipowners avoid the route despite insurance being available. The chokepoint normally carries about 15 million barrels of oil per day, according to the International Energy Agency.
Governments and refiners are scrambling to protect supplies. China has told refiners to halt fuel exports, while companies in Japan and India are seeking emergency measures.
Analysts warn prices could spike further if attacks hit tankers or energy infrastructure. Meanwhile, diesel prices in Europe have already surged more than 40% since the conflict began.
Prediction markets are rapidly pricing in the possibility that Kristi Noem could soon be out as Secretary of Homeland Security. Odds surged to about 79% that she will leave the post before July 1.
The spike comes as reports say President Donald Trump is weighing her dismissal and has already begun asking aides and Republican lawmakers for potential replacements.
🗣 Iran is destroying the global internet for several days in a row it has been deliberately striking Amazon data centers…
▪️Iran’s strikes across the Middle East are reportedly following a plan by Ayatollah Ali Khamenei, developed shortly before his deXth. The goal is to cause turmoil in global markets and raise geopolitical stakes in order to pressure the United States and Israel, including through attacks on the region’s energy infrastructure. ▪️On March 1, Iran struck an AWS data center in Dubai. Servers were hit directly, causing fires and power outages. ▪️On March 2–3, additional strikes targeted data centers in Bahrain and the UAE. ▪️Two facilities in the UAE were directly hit by drones. ▪️In Bahrain, a strike occurred very close to a facility, causing physical damage and power disruptions. ▪️Banks and other online services across the Middle East are currently experiencing widespread outages. ▪️This affects everyone. Amazon is shifting workloads to other servers, increasing system load and slowing data transfer speeds.
Amazon has already stated that service restoration may take a considerable amount of time and has urged customers to create backup copies of their data. Some data centers have suffered significant damage.
Overnight, the rally continued up to $74,000, but it was followed by a sharp pullback, bringing the price back to $72K, where we are currently trading.
As a result, $BTC failed to close a daily candle above $73K, which suggests a potential further pullback toward filling the daily imbalance around ~$70,500.
🏦 Kraken Becomes First Crypto Exchange with Access to the Federal Reserve Payment System
Kraken has become the first cryptocurrency exchange to gain access to the payment infrastructure of the Federal Reserve System in the United States.
💰 This allows Kraken to process U.S. dollar transactions without relying on intermediary banks, which should significantly speed up deposits and withdrawals for institutional clients and large traders.
However, the access comes with restrictions. Kraken will not be allowed to earn interest on reserve balances and will not have access to the Federal Reserve’s emergency lending facilities.
Tether has led a $50 million investment round in Eight Sleep, a startup developing sleep tech products designed to improve sleep quality.
🌡 Eight Sleep builds intelligent sleep systems that automatically adjust bed temperature, elevation angle, and sound, using real time biometric data such as heart rate and breathing patterns.
According to Tether, technologies focused on health optimization have strong long term potential. Solutions that improve sleep may help extend lifespan, increase productivity, and prevent chronic diseases, making the sector an attractive area for investment.