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The Ministry of Justice, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange have jointly launched a public consultation on the "Draft Law of the People's Republic of China on Financial Affairs".

[Five Departments, Including Central Bank, Solicit Public Feedback on Draft Financial Law]The Ministry of Justice, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange have jointly launched a public consultation on the "Draft Law of the People's Republic of China on Financial Affairs".

Five Departments, Including Central Bank, Solicit Public Feedback on Draft Financial Law

According to Onchain Lens monitoring, Sky co-founder Rune has completely closed his ETH long position, resulting in a loss of approximately $257,000 from this liquidation.

Concurrently, Rune has increased his BRENTOIL (7x leverage) long position and closed his CL (20x leverage) long position. His account currently still has Time-Weighted Average Price (TWAP) orders pending for further opening and closing of positions.

Rune currently still holds short positions in $SP500 (20x leverage) and $XYZ100 (7x leverage).

[Sky Co-founder Rune Closes ETH Long Position, Incurring $257,000 Loss]According to Onchain Lens monitoring, Sky co-founder Rune has completely closed his ETH long position, resulting in a loss of approximately $257,000 from this liquidation.

Concurrently, Rune has increased his BRENTOIL (7x leverage) long position and closed his CL (20x leverage) long position. His account currently still has Time-Weighted Average Price (TWAP) orders pending for further opening and closing of positions.

Rune currently still holds short positions in $SP500 (20x leverage) and $XYZ100 (7x leverage).

Sky Co-founder Rune Closes ETH Long Position, Incurring $257,000 Loss

On March 20, according to HTX market data, Bitcoin broke through $71,000, with a 24-hour increase of 1.17%.

[Bitcoin Surges Past $71,000]On March 20, according to HTX market data, Bitcoin broke through $71,000, with a 24-hour increase of 1.17%.

Bitcoin Surges Past $71,000

On March 20, according to data from on-chain analytics firm Arkham, the attackers of UXLINK have not made any profit after trading the stolen funds for six months, and their account's financial status is currently at the break-even point.

[UXLINK Attackers See Profits Drop to Zero After 6 Months of Trading]On March 20, according to data from on-chain analytics firm Arkham, the attackers of UXLINK have not made any profit after trading the stolen funds for six months, and their account's financial status is currently at the break-even point.

UXLINK Attackers See Profits Drop to Zero After 6 Months of Trading

On March 20, ByteDance announced that it has reached a final agreement to sell Moonton Technology to Savvy Games Group, a subsidiary of the Saudi Public Investment Fund (PIF), for over $6 billion. Moonton Technology is the developer and publisher of the popular MOBA mobile game Mobile Legends: Bang Bang (MLBB) in Southeast Asia, which was acquired by ByteDance in 2021. It is reported that ByteDance has made significant investments in AI, and with an overall profit decline in Q4 2025, the sale of Moonton is seen as a strategic signal of ByteDance's further focus on AI.

[ByteDance Sells Moonton Technology for Over $6 Billion, Further Focusing on AI Strategy]On March 20, ByteDance announced that it has reached a final agreement to sell Moonton Technology to Savvy Games Group, a subsidiary of the Saudi Public Investment Fund (PIF), for over $6 billion. Moonton Technology is the developer and publisher of the popular MOBA mobile game Mobile Legends: Bang Bang (MLBB) in Southeast Asia, which was acquired by ByteDance in 2021. It is reported that ByteDance has made significant investments in AI, and with an overall profit decline in Q4 2025, the sale of Moonton is seen as a strategic signal of ByteDance's further focus on AI.

ByteDance Sells Moonton Technology for Over $6 Billion, Further Focusing on AI Strategy

On March 20, digital financial services group Matrixport announced its official rebranding to BIT, and will operate globally under the unified BIT brand. Alongside the brand upgrade, BIT simultaneously released its "Trust in 2026 Whitepaper," systematically disclosing for the first time the governance and risk control framework the group has established and continuously operates, providing a verifiable foundation of trust for clients and partners. The new BIT brand more clearly reflects the company's current business positioning and represents its strategic direction for the next phase of development. John Ge, CEO of BIT, stated: "The digital asset industry is entering a new phase where governance capabilities and compliant operations are increasingly important. BIT embodies the results of our continuous business evolution and our long-term commitment to building a trusted digital asset financial infrastructure." The company stated that this rebranding does not affect existing client accounts, products, or services, and all relevant legal entities and contractual arrangements remain unchanged. As part of its next strategic phase, BIT is also actively exploring opportunities in the U.S. capital markets, including a potential public listing. BIT (formerly Matrixport), founded in 2019, is an integrity-based global digital asset financial services group. Headquartered in Singapore, the group has offices in seven countries and regions worldwide, connecting traditional finance with the digital asset market through robust governance systems, technological capabilities, and compliant operations.

[Matrixport Rebrands as BIT, Clarifies New Strategic Positioning]On March 20, digital financial services group Matrixport announced its official rebranding to BIT, and will operate globally under the unified BIT brand. Alongside the brand upgrade, BIT simultaneously released its "Trust in 2026 Whitepaper," systematically disclosing for the first time the governance and risk control framework the group has established and continuously operates, providing a verifiable foundation of trust for clients and partners. The new BIT brand more clearly reflects the company's current business positioning and represents its strategic direction for the next phase of development. John Ge, CEO of BIT, stated: "The digital asset industry is entering a new phase where governance capabilities and compliant operations are increasingly important. BIT embodies the results of our continuous business evolution and our long-term commitment to building a trusted digital asset financial infrastructure." The company stated that this rebranding does not affect existing client accounts, products, or services, and all relevant legal entities and contractual arrangements remain unchanged. As part of its next strategic phase, BIT is also actively exploring opportunities in the U.S. capital markets, including a potential public listing. BIT (formerly Matrixport), founded in 2019, is an integrity-based global digital asset financial services group. Headquartered in Singapore, the group has offices in seven countries and regions worldwide, connecting traditional finance with the digital asset market through robust governance systems, technological capabilities, and compliant operations.

Matrixport Rebrands as BIT, Clarifies New Strategic Positioning

On March 20, OpenAI confirmed plans to integrate its AI chatbot ChatGPT, coding platform Codex, and browser into a single desktop 'super app' to simplify user experience. A company spokesperson stated that President Greg Brockman will temporarily oversee the product restructuring and related organizational changes, while app head Fidji Simo will lead the sales team. The Wall Street Journal previously quoted Simo in an internal employee announcement, acknowledging that spreading efforts across too many applications and technologies has slowed the company's progress and made it harder to meet expected quality standards. The leadership hopes that consolidating various tools into one application will help address the increasingly fierce competition from Anthropic while allocating resources more effectively.

[OpenAI Plans to Launch Desktop 'Super App' Integrating ChatGPT, Codex, and Browser]On March 20, OpenAI confirmed plans to integrate its AI chatbot ChatGPT, coding platform Codex, and browser into a single desktop 'super app' to simplify user experience. A company spokesperson stated that President Greg Brockman will temporarily oversee the product restructuring and related organizational changes, while app head Fidji Simo will lead the sales team. The Wall Street Journal previously quoted Simo in an internal employee announcement, acknowledging that spreading efforts across too many applications and technologies has slowed the company's progress and made it harder to meet expected quality standards. The leadership hopes that consolidating various tools into one application will help address the increasingly fierce competition from Anthropic while allocating resources more effectively.

OpenAI Plans to Launch Desktop 'Super App' Integrating ChatGPT, Codex, and Browser

On March 20, according to Coinglass data, if Bitcoin breaks through $72,000, the cumulative short liquidation intensity on major centralized exchanges (CEX) will reach $590 million. Conversely, if Bitcoin falls below $70,000, the cumulative long liquidation intensity on major CEX will reach $275 million. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, indicating intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

[If Bitcoin Surpasses $72,000, CEX Cumulative Short Liquidation Intensity Will Reach $590 Million]On March 20, according to Coinglass data, if Bitcoin breaks through $72,000, the cumulative short liquidation intensity on major centralized exchanges (CEX) will reach $590 million. Conversely, if Bitcoin falls below $70,000, the cumulative long liquidation intensity on major CEX will reach $275 million. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, indicating intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

If Bitcoin Surpasses $72,000, CEX Cumulative Short Liquidation Intensity Will Reach $590 Million

One week after its launch, BlackRock's staked Ethereum exchange-traded fund, the iShares Staked Ethereum Trust (ETHB), has reached $254 million in assets under management. It is understood that ETHB investors can receive 82% of the staking rewards through monthly dividends, with the remaining 18% allocated to the trust, custodian, and service providers involved in the staking process. Currently, validators supporting the fund include Figment, Galaxy Blockchain Infrastructure, and Attestant.

[BlackRock's Staked Ethereum ETF Surpasses $250 Million in Assets Under Management After One Week]One week after its launch, BlackRock's staked Ethereum exchange-traded fund, the iShares Staked Ethereum Trust (ETHB), has reached $254 million in assets under management. It is understood that ETHB investors can receive 82% of the staking rewards through monthly dividends, with the remaining 18% allocated to the trust, custodian, and service providers involved in the staking process. Currently, validators supporting the fund include Figment, Galaxy Blockchain Infrastructure, and Attestant.

BlackRock's Staked Ethereum ETF Surpasses $250 Million in Assets Under Management After One Week

Bitcoin Ordinals nonfungible token user activity has experienced a drastic decline, with trading volumes dropping by 98% since May, according to DappRadar. The total sales volume for Bitcoin Ordinals has decreased from $452 million in May to approximately $3 million as of August 14, with the number of transactions declining by 97% to 20,571 in the same period. 、

[Bitcoin Ordinals NFT Trading Volumes Tank by 98% Since May, DappRadar Reports]Bitcoin Ordinals nonfungible token user activity has experienced a drastic decline, with trading volumes dropping by 98% since May, according to DappRadar. The total sales volume for Bitcoin Ordinals has decreased from $452 million in May to approximately $3 million as of August 14, with the number of transactions declining by 97% to 20,571 in the same period. 、

Bitcoin Ordinals NFT Trading Volumes Tank by 98% Since May, DappRadar Reports

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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