Iran strikes Gulf energy network as oil surges past $110
Iran’s IRGC pounds Gulf energy hubs after Israel’s South Pars attack, torching Qatar’s LNG lifeline, affecting crypto markets, and dragging the global economy toward recession. Summary Iran’s IRGC hits Qatar’s Ras Laffan LNG hub and refineries in Kuwait, Saudi Arabia, and the UAE, forcing major output shutdowns and stoking supply fears. Brent crude rips above…
Coinbase Commerce seed phrase page alarms security community ahead of March 31 shutdown
Coinbase Commerce’s seed phrase withdrawal page is drawing fierce criticism from security researchers, who warn it normalizes typing 12-word recovery phrases into a website just days before the March 31 shutdown deadline. Summary A Coinbase Commerce subdomain at withdraw.commerce.coinbase.com/seed-phrase asks merchants to type 12-word seed phrases into a plain-text web form to recover funds. SlowMist’s…
BTQ deploys first working BIP 360 implementation on Bitcoin Quantum Testnet
Summary BTQ’s Bitcoin Quantum Testnet v0.3.0 now supports BIP 360’s Pay-to-Merkle-Root (P2MR) outputs, which remove Taproot’s key path spending and force all UTXOs through hash-based script paths to reduce long-exposure quantum risk. The testnet validates the full P2MR lifecycle — from address creation and funding to signing, mempool acceptance and confirmation — while preserving compatibility…
Crypto hacks drained $1.5b from industry in 2024 — and 2025 is already worse
Immunefi’s 2024 report finds $1.5b lost across 232 incidents, with CeFi key compromises driving a handful of mega-hacks while early 2025 losses already race past last year. Summary Web3 lost $1,495,487,055 across 232 incidents in 2024, with hacks responsible for 98.1% of losses and fraud, scams and rugs just 1.9%. Two CeFi private key breaches…
Max pain at $75k but $596m in $20k Bitcoin puts expose market’s fear
Summary Deribit data shows $20k Bitcoin put options are now the third most crowded strike by open interest, with about $596m notional, behind $125k and $75k calls heading into the quarterly expiry. Despite the doomsday optics, much of the $20k put exposure likely reflects traders selling tail-risk insurance for premium rather than betting on a…
Bitcoin slips below $71k as Powell and Iran oil shock hit crypto
Bitcoin sinks below $71k as Powell’s hawkish tone and Iran’s oil shock trigger a $542M liquidation wave across leveraged crypto markets. Summary Bitcoin drops to about $71,313, Ethereum to $2,201, as crypto and stocks sell off on Fed projections and oil shock fears. Powell flags oil-driven inflation, keeps just one 2026 rate cut in the…
Federal Reserve moves to ease capital rules for Wall Street’s biggest banks
Fed unveils a 90-day comment plan to ease Basel III and G-SIB capital rules, modestly cutting requirements for large banks and more for regional lenders. Summary Fed launches a 90-day comment period on proposals that slightly lower capital requirements for large banks and more materially for smaller regionals. Bowman’s “four pillars” overhaul spans stress tests,…
Morgan Stanley advances Bitcoin ETF plans with amended S-1
Banking giant Morgan Stanley has submitted an amended Bitcoin ETF filing with the U.S. Securities and Exchange Commission. Summary Morgan Stanley has amended its Bitcoin ETF filing, confirming ticker MSBT on NYSE Arca and outlining a $1 million seed structure through 50,000 shares. The filing finalizes Coinbase Custody and BNY Mellon as custodians but leaves…
OG Bitcoin whale offloads 1,000 BTC as selling pressure intensifies
A long-dormant Bitcoin whale wallet has offloaded 1,000 BTC on Wednesday. Summary Long dormant Bitcoin whale offloads 1,000 BTC, extending total transfers to 3,500 BTC since November 2024 with roughly $330 million in realised profit. Additional selling from early investor Owen Gunden and Bhutan-linked wallets points to a pattern of distribution from large holders into…
Why is crypto market crashing today? (March 19)
The global crypto market fell sharply on Thursday as new geopolitical and macroeconomic concerns threw cold water on investor appetite for risk assets. Summary Crypto markets dropped sharply as escalating Middle East tensions and hotter U.S. PPI data weakened investor appetite, pushing Bitcoin down nearly 5% to around $70,600. Global markets declined alongside crypto, with…



