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&nbsp;a crypto industry executive rebutted the statement made by the chairman of the Community Bankers Association. The latter believes that any compromise between the banking industry and the crypto industry on the U.S. CLARITY Act would be a mistake.

[Crypto executive: Community banks and the crypto industry are allies in the Clarity Act controversy.]&nbsp;a crypto industry executive rebutted the statement made by the chairman of the Community Bankers Association. The latter believes that any compromise between the banking industry and the crypto industry on the U.S. CLARITY Act would be a mistake.

Crypto executive: Community banks and the crypto industry are allies in the Clarity Act controversy.

up Surges 15.81% in 24H, Currently at 0.044999 USDT

【up currently trades at 0.044999 USDT, up 15.81% in 24h, according to HTX market data.】up Surges 15.81% in 24H, Currently at 0.044999 USDT

up currently trades at 0.044999 USDT, up 15.81% in 24h, according to HTX market data.

People's Bank of China: China's foreign exchange reserves at the end of February were 3,427.807 billion USD, an increase of 28.729 billion USD month-on-month.&nbsp;

[The People's Bank of China reported that China's foreign exchange reserves stood at $3,427.807 billion at the end of February, an increase of $28.729 billion month-on-month.]People's Bank of China: China's foreign exchange reserves at the end of February were 3,427.807 billion USD, an increase of 28.729 billion USD month-on-month.&nbsp;

The People's Bank of China reported that China's foreign exchange reserves stood at $3,427.807 billion at the end of February, an increase of $28.729 billion month-on-month.

Kristin Smith, President of the Solana Policy Institute, recently commented on the legislative progress of the "Clarity Act."

[Washington insiders say the Clarity Act could be passed as early as July.]Kristin Smith, President of the Solana Policy Institute, recently commented on the legislative progress of the "Clarity Act."

Washington insiders say the Clarity Act could be passed as early as July.

China's central bank: China's gold reserves at the end of February were 74.22 million ounces (about 2308.5 tons), an increase of 30,000 ounces (about 0.93 tons) month-on-month, compared to 74.19 million ounces (about 2307.567 tons) at the end of January, marking the 16th consecutive month of gold accumulation.

[The People's Bank of China has increased its gold reserves for the 16th consecutive month.]China's central bank: China's gold reserves at the end of February were 74.22 million ounces (about 2308.5 tons), an increase of 30,000 ounces (about 0.93 tons) month-on-month, compared to 74.19 million ounces (about 2307.567 tons) at the end of January, marking the 16th consecutive month of gold accumulation.

The People's Bank of China has increased its gold reserves for the 16th consecutive month.

On March 7, according to market news, Nevin Shetty (42), a man from Washington State, USA, secretly transferred $35 million of company funds to his own DeFi platform HighTowerTreasury while serving as CFO of a private software company. He invested in a high-yield lending protocol, but the funds were almost wiped out due to the Terra crash. The incident led to the company laying off 60 employees and nearly going bankrupt. Shetty was convicted of four counts of wire fraud, sentenced to two years in prison, ordered to pay $35 million in restitution, and will be under supervision for three years after release, during which he is prohibited from holding any executive position in any company without approval.

[A US CFO who embezzled $35 million from his company to invest in DeFi was sentenced to two years in prison.]On March 7, according to market news, Nevin Shetty (42), a man from Washington State, USA, secretly transferred $35 million of company funds to his own DeFi platform HighTowerTreasury while serving as CFO of a private software company. He invested in a high-yield lending protocol, but the funds were almost wiped out due to the Terra crash. The incident led to the company laying off 60 employees and nearly going bankrupt. Shetty was convicted of four counts of wire fraud, sentenced to two years in prison, ordered to pay $35 million in restitution, and will be under supervision for three years after release, during which he is prohibited from holding any executive position in any company without approval.

A US CFO who embezzled $35 million from his company to invest in DeFi was sentenced to two years in prison.

SPDR Gold Shares (GLD), the world's largest gold exchange-traded fund (ETF), experienced an astonishing net outflow of $2.91 billion on Wednesday. This figure not only set a new single-day outflow record for the fund since its establishment in 2004 but also marked the largest single-day escape in the past decade.

[GLD saw a single-day outflow of $2.91 billion, setting a ten-year record.]SPDR Gold Shares (GLD), the world's largest gold exchange-traded fund (ETF), experienced an astonishing net outflow of $2.91 billion on Wednesday. This figure not only set a new single-day outflow record for the fund since its establishment in 2004 but also marked the largest single-day escape in the past decade.

GLD saw a single-day outflow of $2.91 billion, setting a ten-year record.

&nbsp;according to Onchain Lens monitoring, a whale address "0x218A" deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH.

[A whale deposited 2.18 million USDC into HyperLiquid and shorted ETH with 10x leverage.]&nbsp;according to Onchain Lens monitoring, a whale address "0x218A" deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH.

A whale deposited 2.18 million USDC into HyperLiquid and shorted ETH with 10x leverage.

On March 7, according to people familiar with the matter, the two top Wall Street regulatory agencies, the CFTC and the SEC, are discussing plans to move into the same building complex in Washington, just steps away from the U.S. Capitol. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regulate different markets, and according to these sources, the plan will not merge the two, but they are discussing moving the CFTC into the same building complex currently occupied by the SEC, which is located near Union Station. This relocation plan has been under discussion since last year, and according to these sources, it may not be implemented until as early as 2027. The General Services Administration, the agency responsible for overseeing federal real estate, is also involved in these discussions.

[Bloomberg: The US CFTC may relocate to share offices with the SEC, but the two agencies will not merge.]On March 7, according to people familiar with the matter, the two top Wall Street regulatory agencies, the CFTC and the SEC, are discussing plans to move into the same building complex in Washington, just steps away from the U.S. Capitol. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regulate different markets, and according to these sources, the plan will not merge the two, but they are discussing moving the CFTC into the same building complex currently occupied by the SEC, which is located near Union Station. This relocation plan has been under discussion since last year, and according to these sources, it may not be implemented until as early as 2027. The General Services Administration, the agency responsible for overseeing federal real estate, is also involved in these discussions.

Bloomberg: The US CFTC may relocate to share offices with the SEC, but the two agencies will not merge.

Bitcoin Fear and Greed Index is 51. Neutral.
Current Price: $29462.51.

[Bitcoin Fear and Greed Index is 51]Bitcoin Fear and Greed Index is 51. Neutral.
Current Price: $29462.51.

Bitcoin Fear and Greed Index is 51

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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