Crypto News
Base positions the AI Agent and Robot as the next frontier of technology, calling on developers to join.Lookonchain, about 4 hours ago
On March 5th, Virtuals Protocol—the Base Ecological AI Agent Platform—announced the launch of **Base Batches 003: Robotics**, a project led by Virtuals to advance AI agents in the robotics field. Virtuals officials noted the team has been building infrastructure to let AI agents perform real-world work, earn compensation, and generate compound interest via an open marketplace. The next technological frontier? Embodied artificial intelligence. While robot technology is highly capable, it currently lacks a structural integration of identity, permissions, and payments to scale beyond closed deployments. Moving forward, Base will enable on-chain builders to create robot agents, manage fleet operations, build robot data pipelines, or design workflows connecting robots to agents via ACP. Applications for "Base Batches 003: Robotics" are now open. Successful participants will receive mentorship, up to $50,000 in funding, and a path to the San Francisco Demo Day. Base officials retweeted the project, calling robot-autonomous agent combinations "one of the most exciting frontiers in technology."
Crossmint, a cryptographic API development company, partners with Western Union for remittancesLookonchain, about 4 hours ago
March 5 — Cryptocurrency API firm Crossmint has partnered with remittance giant Western Union to support the USD Digital Points Token (USDPT) stablecoin and its associated digital asset network. Western Union’s global network lets users convert digital dollars into local currency via its 360,000+ payout locations worldwide.
Dan Romero: Working on a new project related to Proxy Payments and StablecoinsLookonchain, about 4 hours ago
Dan Romero said on March 5 that a new project focused on escrow payments and stablecoins is in development. “If you’re working on a related project and want to continue building on Tempo, please reach out to me.” Dan Romero, founder of Farcaster, announced Feb. 9 that he’s joined Tempo — a stablecoin chain backed by Stripe and Paradigm.
LMFA2 Mining Output for February: 8.7 BTC, Total Holdings Reduced to 354.7 BTCLookonchain, about 4 hours ago
On March 5, LM Funding America (Nasdaq: LMFA) released its February 2026 Production and Operations Update. In February, the company mined 8.7 BTC and sold 18.1 BTC, lowering total holdings to 354.7 BTC—valued at roughly $23.8 million. Separately, LM Funding America has renegotiated to extend the maturity of its $11 million Galaxy Digital loan to April 24, 2026.
On-chain Long EWY Hits Bullseye on South Korean Stock Market Rebound, with Position Return Rate Reaching 115%Lookonchain, about 4 hours ago
March 5 – Per data from Coinbob Popular Address Monitor, the largest long whale (address 0x629) holding the cash:EWY (iShares Korea ETF synthetic asset) on Hyperliquid has reportedly flipped from a loss to profit, with unrealized gains swelling to $310,000 (115%). The whale currently holds a 20x leveraged long position valued at $6.42 million, with an average entry price of $126. The position was opened at 11 PM ET on March 3. Data from the EWY/USDC trading pair on Hyperliquid shows the asset rebounded after touching $122 yesterday afternoon, hitting a morning high of $140. It is currently trading at $134, marking a 6% intraday gain.
Hong Kong Police Disrupt Virtual Currency Money Laundering Case, Involved Funds Reach 230 Million Hong Kong DollarsLookonchain, about 4 hours ago
March 5 — Hong Kong police have cracked a money laundering case involving shell accounts and crypto exchange outlets, per a Hong Kong 01 report. Two mainland Chinese individuals (one man, one woman) traveled to Hong Kong to open shell accounts, which were used to receive proceeds linked to 34 separate fraud cases across 43 local bank accounts. They then bought cryptocurrency at virtual asset exchange shops to launder roughly HK$17.3 million in criminal proceeds. A fund flow analysis revealed the criminal group used local bank accounts for crypto transactions, laundering up to HK$230 million in illicit funds. Hong Kong police charged the pair with three and 10 counts of money laundering, respectively. After reviewing the case, the court approved heavier sentences, handing down prison terms of 28 months and 43 months to the two.
「Whale」 Increases ETH Long Position to $14.4M, Doubling Down on Long with Principal Now TripledLookonchain, about 4 hours ago
On March 5th, per Coinbob Popular Address Monitoring (link: https://t.me/Coinbob_track_CN), trader "Buddy" Huang Licheng executed a position roll operation on his ETH long position, pushing the total position size to $14.4 million. After the roll, the average entry price of his ETH long position rose from $2,023 to $2,066. The position currently holds an unrealized profit of ~$350,000, with a 60% return rate and a liquidation price of $2,035. Additionally, the address has set a take-profit order ranging from $2,130 to $2,202 to partially close 10% of the position. In this 20th round of longing, his $250,000 initial principal has grown to $860,000 within two days, while the liquidation price was adjusted from the entry price of $1,949 to $2,066. The trader previously profited from trading blue-chip NFTs but has faced massive drawdowns since becoming active in October last year, with account funds shrinking significantly from over $100 million.
Musk Teases X Money Offering 6% Deposit Yield, Unveils Cashback Debit Card FeatureLookonchain, about 4 hours ago
On March 5, Elon Musk retweeted, suggesting the rumored internal test screenshot of X Money is authentic. The screenshot shows X Money offers up to a 6% annualized return on deposits, plus a debit card with attached rebates. Separately, Eric Trump—son of former President Donald Trump—criticized the U.S. banking industry (including JPMorgan Chase and Wells Fargo) this morning. He noted the industry’s political lobbying efforts aim to block Americans from accessing higher returns, while working to stifle stablecoins to preserve their monopoly. Amid ongoing legislative proceedings for the *Cryptocurrency Market Structure Clarity Act* (CLARITY Act), a new round of debate has erupted over stablecoin yields.
A Whale Just Scalped 3000 ETH, Expected Profit $990,000Lookonchain, about 4 hours ago
On March 5, on-chain analyst Ai Auntie (@ai9684xtpa) noted that a whale wallet (0xC45...D42DD) withdrew 3,000 ETH from Binance on February 24 at an average cost of $1,852.67. As ETH later surged to a recent high of roughly $2,183, the whale deposited the ETH back to the exchange. A potential sale would net the whale an estimated $990,000 in profit.
Anthropic CEO: Not Praising or Donating to Trump Root of Strained Relationship With Current US GovernmentLookonchain, about 5 hours ago
March 5th — According to The Information, Anthropic CEO Dario Amodei told employees in a memo that the root of the company’s tense relationship with the Trump administration lies in Anthropic’s refusal to curry favor with the current government. He wrote: “The real reason the U.S. Department of Defense and the Trump administration dislike us is that we haven’t donated to Trump (whereas OpenAI co-founder Greg Brockman has given heavily).” He’s likely referencing the $25 million donation Greg Brockman and his wife made to Trump’s super PAC. Amodei also noted: “We haven’t praised Trump in a dictatorial manner (as OpenAI founder Sam Altman has); we support AI regulation, which conflicts with their agenda; we’ve spoken truthfully on various AI policy issues (like job displacement); and we’ve stuck to our principles and acted with integrity, rather than colluding with them to stage ‘security theater’ to appease employees — I assure you, this is exactly the issue the DoD, Palantir (Anthropic’s government business partner), our political advisors, and everyone else thinks we are addressing.”
Zerohash Applies to Office of the Comptroller of the Currency for National Trust Bank CharterLookonchain, about 5 hours ago
On March 5, The Block reported that crypto infrastructure firm Zerohash has filed an application with the Office of the Comptroller of the Currency (OCC) — joining other digital asset companies pursuing national trust bank charters. Per documents submitted to the OCC, the national trust bank Zerohash plans to launch will offer digital asset-related services, including: custody of digital assets, fiat currency, and other assets; custody staking and validation services; transfer agent services; trade execution; stablecoin management; and settlement, clearing, and custody services. Stephen Gardner, Zerohash’s Chief Legal Officer, has been nominated to serve as CEO of the trust bank.
Broadcom Revenue Forecast Disappoints Some Investors, Highlights AI ConcernsLookonchain, about 5 hours ago
March 5 — Broadcom Inc. (AVGO.O) disappointed investors with its second-quarter revenue guidance, signaling its AI computing progress has fallen short of some prior expectations. The chipmaker projects second-quarter revenue (ended May 3) at approximately $22 billion. By contrast, analysts’ average prior forecast stood at $20.5 billion, with some estimates topping $22 billion. Its shares showed little movement in after-hours trading, a muted reaction to the update. As of Wednesday’s close, Broadcom’s stock has declined 8.3% in 2026. The lukewarm response underscores the high barriers AI firms face this year. Investors are growing wary of an AI investment bubble — even last month’s blockbuster earnings from Nvidia triggered a stock drop. (Jinse)
Wash to Replace Fed Board Governor Milan's SeatLookonchain, about 5 hours ago
March 5 (Wednesday) — White House officials confirmed Wednesday that Kevin Wash will take over from Milan as Federal Reserve director. The White House had previously nominated Wash to the Senate for the position of Fed Chair. Note: After Jerome Powell steps down as Fed Chair in May, he may remain on the Federal Reserve Board. Milan, currently serving as interim director, is considered a "placeholder," but he has also expressed willingness to continue in the role. (Krypton Capital)
Multiple Short Whale Liquidations in a Row, with the Largest Single Liquidation on the Network Reaching a Total of $15.7 MillionLookonchain, about 5 hours ago
On March 5th, HyperInsight monitoring data shows that at 1:00 AM ET today, Bitcoin (BTC) saw a short-term surge above $74,000, triggering multiple short liquidations for whales on the Hyperliquid platform. Among these, the whale address **0xebe**—which closed a BTC short position yesterday—faced two consecutive large-scale liquidations. In total, 214 BTC of its short positions were liquidated, equivalent to roughly $15.7 million. The largest single liquidation from this address was ~171 BTC ($1.26 million), marking the network’s biggest single liquidation event to date. Additionally, a whale address starting with **0xe42** was liquidated 9 times on BTC shorts over the past 11 hours, totaling ~$9.92 million. Another whale address beginning with **0x1fd** was liquidated for a $2.71 million position. As of now, all three addresses have reopened BTC short positions with high leverage following their liquidations.
Bitwise Donates $233,000 to Bitcoin Open Source DevelopersLookonchain, about 5 hours ago
March 5: Bitwise announced it has donated $233,000 to Bitcoin open-source developers, fulfilling part of its annual commitment to supporting the community. This comes amid significant growth for Bitwise’s Bitcoin Spot ETF (BITB) this year. The donation marks the second annual contribution under the firm’s pledge—made at BITB’s launch—to donate 10% of its gross profits each year.
Iranian Crypto Outflows Top $10.3M After Airstrikes, Onchain Data ShowsBitcoin.com, about 5 hours ago
![Crypto outflows from major Iranian exchanges surged past $10 million within hours of US-Israeli airstrikes, signaling heightened investor anxiety and echoing crisis-driven bitcoin flight patterns seen during past unrest inside Iran’s fragile financial system. Iran’s Crypto Market Sees Surge in Exchange Withdrawals Following Military Escalation Geopolitical shocks often trigger rapid shifts in digital asset flows. […]](https://assets.coingecko.com/articles/images/106515450/large/open-uri20260305-7-mkz4nh.?1772678464)
Crypto outflows from major Iranian exchanges surged past $10 million within hours of US-Israeli airstrikes, signaling heightened investor anxiety and echoing crisis-driven bitcoin flight patterns seen during past unrest inside Iran’s fragile financial system. Iran’s Crypto Market Sees Surge in Exchange Withdrawals Following Military Escalation Geopolitical shocks often trigger rapid shifts in digital asset flows. […]
Korea’s KOSPI Surges 11% in Historic Rebound, Outpacing CryptoBeInCrypto, about 5 hours ago
One day after recording its worst single-session loss in history, South Korea’s KOSPI surged more than 11% on Thursday, staging one of the most dramatic reversals the index has ever seen. No major economy is more acutely wired to Middle East instability than Seoul — and this week proved it. The Bounce of KOSPI and KOSDAQ South Korea’s two main stock indices — the large-cap KOSPI and tech-heavy KOSDAQ — are among Asia’s most actively traded markets and a key barometer of Korean retail investor sentiment. By mid-morning, the KOSPI had climbed to 5,682 — up from Wednesday’s close of 5,093 — after touching an intraday high of 5,715. The KOSDAQ recovered above the 1,000 level, gaining over 11%. A buy-side sidecar was triggered in early trade — a striking contrast to Wednesday’s sell-side sidecar and full circuit breaker halt. The won strengthened sharply, pulling back from an overnight high of 1,505 to trade near 1,461. The catalyst: oil prices stabilized, with Brent crude holding at $81.40 and WTI at $74.66, and reports of back-channel contacts between Washington and Tehran lifted sentiment across Asian markets. Wall Street had closed higher on Wednesday, with the Nasdaq up 1.29%, led by Tesla (+3.44%), Amazon (+3.95%), and Nvidia (+1.66%). Samsung Electronics and SK Hynix — which had shed 21% and 22.75% respectively from their late-February peaks — rebounded 13–15% in early trade. Foreign investors, who had used both stocks as first-resort liquidity during the panic, returned as net buyers of over 710 billion won by mid-morning. Retail investors added another 600 billion won alongside them. Why Korea Fell Harder Than Anyone Else The scale of the crash and recovery reflects a structural reality. Over the two sessions on March 3–4, the KOSPI and KOSDAQ fell 18.43% and 17.97%, respectively — the worst and second-worst performances globally. Japan fell 6.57%, Taiwan 6.46%, and China’s Shenzhen Composite just 3.76%. US indices barely registered, declining less than 0.35% combined. Korea imports over 70% of its energy from the Middle East and operates an export-dependent economy with high sensitivity to commodity shocks. When US-Israel strikes on Iran triggered Strait of Hormuz closure fears, global risk was concentrated in Seoul with exceptional force. Wednesday’s KOSPI decline of 12.06% surpassed even the 12.02% drop recorded the day after 9/11 — a threshold that had stood for 25 years. What Comes Next Analysts are cautiously optimistic but warn that the path forward depends on geopolitical developments. One analyst argued that a prolonged Hormuz blockade is self-defeating for Iran. It would cut Tehran’s foreign exchange revenues while inviting further military response. Another pointed to a potential mediator as the key turning point. At current index levels, he said, “the case for buying is strong.” Mirae Asset set a near-term KOSPI recovery target of 5,800. Kiwoom Securities suggested the two-day selloff had effectively front-loaded the war risk premium in full. What It Means for Crypto For crypto markets, as BeInCrypto reported Wednesday, Korea’s retail investor base showed some resilience during the crash — with newly listed tokens on Upbit and Bithumb posting double-digit gains even as equities collapsed. But Thursday’s equity rebound may quickly reverse that dynamic. With foreign and retail investors pouring over 1.3 trillion won back into equities in a single morning session, the stock market’s gravitational pull reasserts itself. Korea’s crypto volumes had already dropped by more than 80% during the KOSPI’s 85% bull run since President Lee’s election, and a sharp V-shaped equity recovery threatens to drain whatever crypto inflows emerged during the two-day panic. The won pulled back from 1,505 to near 1,461. That partial recovery reduces the currency-hedge appeal that briefly boosted digital assets. The effect is already visible in the data: Bitcoin rose 6.4% in dollar terms over the past 24 hours, but gained only around 5% on Upbit in won terms — the won’s sharp rebound absorbed more than a percentage point of that gain. If geopolitical risk continues to ease, the KOSPI could push toward Mirae Asset’s 5,800 target. Korean retail capital — historically the most swing-sensitive in global crypto markets — would likely follow equities. Not digital assets.
Aave Labs Releases Aave V4 Security Roadmap Full Transparency Audit ReportLookonchain, about 5 hours ago
March 5 — Per official sources, Aave Labs has released a full transparency report on its Aave V4 Security Plan, covering methodology, process, and outcomes. The report has endorsements from security firms including Trail of Bits, Blackthorn, and Certora. The plan included over 345 days of security reviews via manual audits, formal verification, invariant testing, fuzz testing, and public security competitions. It’s backed by a $1.5 million dedicated security budget approved by the DAO. Aave Labs also announced it will continue five core commitments from the V4 plan: 1. Integrate formal verification early in development to guide architectural design with secure practices (not just post-development validation); 2. Use a layered security approach (manual audits, formal verification, invariant testing, AI-assisted checks, fuzz testing, public security competitions) to cover more potential vulnerabilities; 3. Maintain ongoing security coverage: its formal verification framework and invariant testing suite will run continuously as the protocol evolves; 4. Launch a long-term bug bounty program to leverage the broader security community for constant monitoring; 5. Optimize AI scanning capabilities to enhance intelligent security detection for future versions, building on existing testing experience.
Goldman Sachs: Recent Risk Asset Pullback is a Buying Opportunity, Not the Start of a Long-term Bear MarketLookonchain, about 5 hours ago
March 5 (Wall Street News) — Goldman Sachs is bucking the trend amid global market volatility, framing the recent pullback as a buying opportunity rather than the start of a long-term bear market—backed by its bullish call for a four-week recovery in Strait of Hormuz shipping flows. Led by Peter Oppenheimer, the firm’s strategy team said in a Wednesday report that while risk assets face “significant headwinds” from Middle East conflict concerns and AI disruption, resilient economic fundamentals and strong corporate profit growth will limit the pullback’s depth and duration. Goldman’s optimism about global markets hinges largely on expectations for a swift energy supply chain rebound. Chief Oil Strategist Daan Struyven forecasts blocked oil shipments in the Strait of Hormuz will stay at current extremely low levels for the next five days, rebound to 70% of normal volumes within two weeks, and fully normalize at 100% capacity in four weeks.
Bitcoin Tops $74,000, Ethereum, XRP, Dogecoin Also Recover: Analyst Says Market 'Heavily Overpriced' Middle East WarBenzinga, about 5 hours ago
Leading cryptocurrencies staged a strong relief rally on Wednesday, while the stock market also closed higher even as the Middle East war entered its fifth day.read more