Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

BingX VIP Redefines Premium Access Through “Access More. Go Further.” Program

BingX has upgraded its VIP program, "Access More. Go Further.," to provide a more efficient and rewarding trading experience for advanced users. The program focuses on reducing trading friction and improving execution quality, having saved VIP users over $700,000 in slippage costs in Q3 2025. It offers more flexible entry pathways, including a free trial, tier upgrades, and VIP status verification from other platforms with a Level 2 Boost for eligible users. The new BingX Elite tier lowers the entry point for accessing premium rates and benefits. VIP members also benefit from substantial rewards, including monthly Xpool token airdrops with a guaranteed minimum of $1.4 million distributed per quarter, and private equity RWA token airdrops, aligning crypto with real-world assets. According to Brand Spokesperson Pablo Monti, the upgraded VIP experience is designed to empower users with deeper market access and superior execution.

TheNewsCrypto03/31 13:22

BingX VIP Redefines Premium Access Through “Access More. Go Further.” Program

TheNewsCrypto03/31 13:22

Russia, Iran-Linked Groups Turn To Crypto For Crowdfunded Drone Purchases – Report

A recent Chainalysis report reveals that pro-Russia and Iran-affiliated groups are increasingly using cryptocurrency to fund purchases of commercially available drones and components, which have become central to modern conflict. These groups utilize crypto for both direct purchases from manufacturers and indirect acquisitions via third-party e-commerce platforms like Alibaba. Iran-linked entities, including the IRGC, have used crypto to buy drone parts, while pro-Russia militias have raised over $8.3 million in crypto donations since 2022 to purchase drones, often from Chinese manufacturers. The blockchain provides transparency into these transactions, highlighting how crypto is transforming conflict economics by enabling groups to crowdfund military equipment despite limited access to traditional finance.

bitcoinist03/31 12:41

Russia, Iran-Linked Groups Turn To Crypto For Crowdfunded Drone Purchases – Report

bitcoinist03/31 12:41

Airdrops Won't Make You Rich, edgeX Doesn't Need a Community

The decentralized perpetual contract protocol edgeX, incubated by Amber Group and backed by Circle Ventures, faced massive community backlash following its token airdrop distribution. Despite earlier promises not to screen out Sybil accounts and to distribute tokens based on points earned through trading, users discovered significant inconsistencies in token allocation. Many users reported receiving vastly different token amounts for the same number of points—some obtained 11 tokens per point, while others received as few as 0.5. Further allegations emerged, including insider trading, with reports that low-point affiliated addresses received a quarter of the total airdrop. The project worsened the situation by disabling comments on its social media channels to suppress criticism. Influential figures like Bingwa accused edgeX of being a "setup" rather than a legitimate project, designed to manipulate and exploit users. The incident has eroded trust in airdrop mechanisms, highlighting the risks of "rule changes after the fact" and the lack of transparency. As a result, user activity on edgeX plummeted, with daily new deposits dropping from over 2,000 to under 50 shortly after the airdrop snapshot. The event raises broader concerns about the sustainability of airdrop-driven engagement in DeFi, suggesting that the era of "airdrop致富" (getting rich from airdrops) may be over.

marsbit03/31 10:43

Airdrops Won't Make You Rich, edgeX Doesn't Need a Community

marsbit03/31 10:43

CertiK Releases Skynet Report: 'Wrench Attacks' Surge 75% in 2025, Physical Violence Becomes Major Threat in Crypto Space

CertiK's Skynet Report reveals a 75% surge in "wrench attacks" in 2025, where physical violence, kidnapping, or intimidation is used to force cryptocurrency holders to surrender private keys or passwords. These attacks, which bypass technical defenses to target individuals directly, resulted in over $40.9 million in confirmed losses—a 44% year-on-year increase. Europe emerged as the highest-risk region, accounting for over 40% of incidents, with France recording the most cases. The report highlights a trend toward increased violence, with physical assaults rising by 250%, and notes that attacks are becoming more organized, often executed by transnational criminal groups using OSINT, signal jammers, and Faraday bags. Targets have broadened from high-value individuals like executives to ordinary holders and their families. CertiK warns that the actual scale of such attacks is likely underestimated due to low reporting rates. Recommendations include using decoy wallets, geographic separation of seed phrases, multisig mechanisms, and comprehensive security training for individuals and organizations. The study underscores that protecting people, not just assets, is critical as wrench attacks become a structured threat in the crypto ecosystem.

marsbit03/31 10:19

CertiK Releases Skynet Report: 'Wrench Attacks' Surge 75% in 2025, Physical Violence Becomes Major Threat in Crypto Space

marsbit03/31 10:19

Ethereum Treasury Bitmine Nears 4% Supply Share After New 71,179 ETH Buy

Ethereum treasury company Bitmine has purchased an additional 71,179 ETH (worth approximately $146 million) over the past week, increasing its total holdings to 4,732,082 ETH. This represents 3.92% of the total ETH supply, bringing the firm closer to its goal of owning 5%. Bitmine chairman Thomas Lee stated the company is accelerating its accumulation, believing ETH is in the final stages of a "mini-crypto winter." The firm has also staked 66% of its reserves (3,142,643 ETH) to earn passive income. In related news, the Ethereum Foundation has also staked a record $46.2 million worth of ETH. Despite recent market dip below $2,000, ETH has since recovered to over $2,060.

bitcoinist03/31 08:02

Ethereum Treasury Bitmine Nears 4% Supply Share After New 71,179 ETH Buy

bitcoinist03/31 08:02

$414mln exits crypto funds – Why sentiment is suddenly shifting

In the last week of March, cryptocurrency investment products experienced significant outflows totaling $414 million, marking the first net withdrawals in five weeks. This shift was driven by escalating global tensions, high inflation, and anticipation around Federal Reserve meetings, reducing total assets under management to $129 billion. Ethereum was hit hardest with $222 million in outflows, while Bitcoin saw $194 million withdrawn despite strong year-to-date inflows. Solana also recorded outflows, whereas XRP was the sole asset with inflows of $15.8 million. On-chain metrics showed reduced network engagement for major cryptocurrencies. The U.S. led outflows with $454 million, while Canada and Germany saw modest inflows. Despite a recent market cap rebound to $2.34 trillion, short-term volatility remains high due to macroeconomic uncertainty, cautioning investors against relying on temporary rallies for long-term predictions.

ambcrypto03/31 07:29

$414mln exits crypto funds – Why sentiment is suddenly shifting

ambcrypto03/31 07:29

OpenAI Official Plugin Strongly Integrated into Claude Code

OpenAI has officially released the "codex-plugin-cc" on GitHub, enabling developers to integrate OpenAI’s Codex model capabilities directly into Anthropic’s command-line development tool, Claude Code. This cross-platform integration breaks down ecosystem barriers between major AI tools, allowing developers to leverage the strengths of both models without switching environments. With simple configuration, Claude Code becomes a versatile programming assistant combining the advantages of both companies. Key features include: - Standard code review via the `/codex:review` command, providing expert improvement recommendations and double-checking for logic errors. - Adversarial review using `/codex:adversarial-review`, which challenges design decisions to identify potential performance bottlenecks or security risks. - Task delegation through `/codex:rescue`, allowing complex debugging or repair tasks to be handed off to a Codex sub-agent for collaborative problem-solving. This integration enhances code quality and development efficiency through multi-model collaboration.

marsbit03/31 05:55

OpenAI Official Plugin Strongly Integrated into Claude Code

marsbit03/31 05:55

$30 Billion in Funding Just the Starting Point? Anthropic's Valuation Could Exceed $2 Trillion by 2030

According to an internal investor presentation from Coatue Management, Anthropic is projected to reach a valuation of $1.995 trillion by 2030, potentially rising to $2.413 trillion in 2031. The forecast anticipates $18 billion in revenue by 2026, though with an EBITDA loss of $14 billion, and an annual recurring revenue (ARR) of $30 billion. By 2031, revenue is expected to surge to $200 billion, with $48 billion in EBITDA profit and $224 billion in ARR. In February, Anthropic completed a $30 billion Series G round led by Coatue and GIC, reaching a post-money valuation of $380 billion. However, the company's growth has already exceeded expectations, with ARR nearing $20 billion by March—more than double the $9 billion recorded at the end of 2025. CEO Dario Amodei highlighted the strong performance of Claude Code and enterprise clients, which make up 80% of its customer base. As a key competitor to OpenAI, Anthropic is recognized for its focus on safe and reliable AI, with its Claude models gaining significant traction in coding and enterprise applications. The company has achieved rapid revenue growth, surpassing $10 billion in under three years, fueled by strong demand in generative AI and enterprise digital transformation.

marsbit03/31 03:41

$30 Billion in Funding Just the Starting Point? Anthropic's Valuation Could Exceed $2 Trillion by 2030

marsbit03/31 03:41

From $399 to $599: Your PS5 Is Paying Taxes for AI and War

Sony announced a global price increase for all PS5 models, effective April 2, marking the second hike in a year. The digital edition rose from $399 at launch in 2020 to $599, while the disc version and PS5 Pro saw increases of $100 and $150, respectively. This breaks the industry tradition of consoles becoming cheaper over time. Sony cited "global economic pressures," with analysts pointing to surging memory chip costs as a primary driver. High demand from AI data centers has constrained DRAM and NAND supply, raising prices. Sony likely exhausted fixed-price supplier agreements and now passes costs to consumers. Additionally, missile attacks by Iran on major aluminum plants in the UAE and Bahrain disrupted 6% of global aluminum supply, spiking prices. These facilities supplied materials for aerospace and defense, including PS5 components like heat sinks and structural parts. Earlier U.S. tariff hikes also contributed to a previous $50 price increase. The $200 total price jump reflects broader geopolitical and economic shifts—trade policies, AI-driven resource competition, and military conflicts—rather than product improvements. Consumers are indirectly funding these global tensions through everyday electronics purchases.

marsbit03/31 03:01

From $399 to $599: Your PS5 Is Paying Taxes for AI and War

marsbit03/31 03:01

Chain Reaction After Credential Theft Case: AI Gateway Giant LiteLLM Cuts Ties with Delve, Mired in Compliance Fraud Scandal

A major security and compliance crisis has unfolded in the AI infrastructure sector. Popular AI gateway developer LiteLLM has officially announced the termination of all cooperation with compliance startup Delve and plans to redo its security certification through a competitor, Vanta. The rupture was triggered by a recent severe credential-stealing malware attack on LiteLLM's open-source version. Prior to the attack, LiteLLM had relied on Delve's services to obtain two key security certifications. However, Delve is now facing serious integrity allegations, accused of misleading clients by fabricating data and employing auditors who provided rushed certifications, creating a false sense of compliance. Despite public denials from Delve's founder, the release of evidence by an anonymous whistleblower has intensified scrutiny. In response, LiteLLM's CTO, Ishaan Jaffer, outlined the company's stance: immediately cutting ties with Delve, recommencing certification with Vanta, and engaging an independent third-party auditor for a thorough review of its compliance controls. As a leading AI gateway with millions of developers, LiteLLM's decisive action highlights the industry's heightened sensitivity to authentic compliance. In the wake of the attack, companies are shifting focus from mere paper-based compliance to seeking genuine technical security verification.

marsbit03/31 01:18

Chain Reaction After Credential Theft Case: AI Gateway Giant LiteLLM Cuts Ties with Delve, Mired in Compliance Fraud Scandal