Binance Suspends Employee For Insider Trading

️ On today's Top Picks:

Crypto News

• ⭐️ Binance suspends employee for allegedly profiting from insider information; rewards $100K to four whistleblowers who reported the alleged violation.

• Digital Asset Investment Products saw $644M of inflows last week; breaks 5-week outflow streak; Bitcoin $BTC with $724M of inflows, Ethereum $ETH with $86M of outflows, Solana $SOL with $6.4M of inflows.

• Tether $USDT in talks with a “Big Four” accounting firm to conduct a full audit of its reserves; recently appointed Simon McWilliams as new CFO.

• ⭐️ World Liberty Financial $WLFI to launch $USD1 stablecoin; plan has been in the works for some months.

• Truth Media $DJT partners with Crypto[.]com $CRO to launch a series of ETFs & ETPs; to comprise of digital assets & securities with a Made in America focus.

• Kraken considers $1B debt raises with Goldman Sachs & JPMorgan ahead of possible IPO; debt talks are at a preliminary stage.

• Mt Gox transfers 11,501 Bitcoin $BTC worth ~$1.01B to two wallets; unclear if transfers is part of a future distribution to creditors.

Alpha

• Particle Network posts, "$PARTI is almost here...More info dropping in 12 hours." on X; TGE & airdrop launching soon.

• Reddio posts, "30 days countdown," on X; $RDO TGE & airdrop potentially launching soon.

• Abstract launches new Flash Badge; deposit any amount of ETH into absETH on Dinero to claim.

• Astherus posts, "TGE is in the works — more details will be released (soon)," on X; TGE & airdrop launching soon.

• ⭐️ Polymarket adds support for Solana $SOL deposits.

• Linda Xie posts, "...now we have 4 airdrops with different projects happening over the next 8 days, with many more in discussion :)," on X; Farcaster recently launched Airdrop Offers feature.

• Lens Chain posts, "Loading Lens ▓▓▓▓▓▓▓▓▓▓▓▓▓▓ 98%," on X; Mainnet launching soon.

Airdrops

• Hyperbolic Airdrop Strategy by Earndrop.

• ⭐️ Nillion launches Alpha Mainnet & $NIL airdrop; tokens automatically distributed to eligible participants.

• Movement Founder Rushi Manche confirms $MOVE MoveDrop to launch in April; adds, "...expect additional incentives with your drop to make it worth your wait."

• Binance launches Particle Network $PARTI HODLer Airdrop; BNB Simple Earn and/or On-Chain Yields subscribers from March 7th to March 11th are eligible.

• Term to launch $TERM airdrop claim on March 26th; eligibility details coming soon.

• ICYMI Weekly Airdrop Recap by Earndrop.

• ICYMI Hyperlane (UPDATED) Airdrop Strategy by Earndrop.

Finance News

• ~$1.35 Trillion added to the US Stock Market today; S&P 500 closes +95 points higher.

• Key Events This Week by The Kobeissi Letter.

• ⭐️ Strategy $MSTR buys 6,911 Bitcoin $BTC for ~$584.1M at ~$84,529 per BTC; holds 506,137 BTC worth ~$44B.

• Metaplanet $3350.T buys 150 Bitcoin $BTC for ~$12.6M at ~$83,801 per BTC; holds 3350 BTC worth ~$291M.

• RIOT Platforms $RIOT seeks to acquire Rhodium's Rockdale Bitcoin $BTC mining assets in $185M deal; would also settle ongoing litigation between the two companies.

Security and Exploits

• Security Alliance releases advisory on threat actor ELUSIVE COMET; employs sophisticated social engineering tactics to steal crypto.

• RevokeCash resolves issues with Hyperliquid EVM support.

Token Unlocks

• AltLayer $ALT / ~$9M / MAR 25st
Sourced from Tokenomist

Funding

• Rain raises $24.5M in Series A funding led by Norwest.

• Fragmetric raises $5M in Strategic funding led by RockawayX.

• Hibit raises $5M in funding from several investors.

• Skate raises $1M in Community funding on Legion.

The Degen Farmer