COCO PAY presents a roundup of the most important web3 news from the past week. Don’t miss out!
- Starting March 31, 2025, crypto exchange Binance will cease support for trading certain stablecoins for users in the European Economic Area (EEA), as these assets don’t comply with MiCA regulations.
- The hacker group Lazarus continues laundering stolen funds. On March 1, the attackers transferred 62,200 ETH (approximately $139 million), bringing the total amount laundered to 343,000 ETH, representing 68.7% of all stolen funds.
- Martin Schlegel, head of the Swiss National Bank (SNB), stated that Bitcoin isn’t suitable for inclusion in state reserves due to its high volatility, low liquidity, and potential vulnerabilities in the code.
- In the UK, cybercriminals exploited a leak of personal data from Kent residents, stealing $1.2 million in cryptocurrency from nine people. The perpetrators posed as police officers, informed victims about a supposed ongoing investigation, and instructed them to await a call from the wallet owner.
- U.S. District Judge Yvonne Gonzalez Rogers denied Elon Musk’s request to prohibit OpenAI’s transformation into a commercial organization.
- Researchers from the University of Science and Technology of China (USTC) introduced the superconducting quantum computer Zuchongzhi 3.0, equipped with 105 qubits and 182 connectors.
- The Australian government doesn’t plan to establish a strategic cryptocurrency reserve but recognizes the potential of blockchain technology and digital assets for economic growth.
- U.S. President Donald Trump signed an executive order to establish a strategic Bitcoin reserve, where assets confiscated by the Treasury Department will be directed.
More news coming soon. COCO PAY—always informed about the latest events!
