Ah, the saga of the bankrupt crypto exchange FTX continues! They’re preparing to send out a staggering $2.2 billion to creditors as part of their grand restructuring plan. Because nothing screams “trust us” quite like a bankruptcy, right?
Distributions under the plan began in February 2025, with the inaugural round targeting Convenience Class claimants with claims under $50,000, resulting in around $1.2 billion. A generous gesture, no doubt, for those who had the misfortune of being small fry in a storm of greed.
And what numbers they were! The U.S. producer price data for March came in hotter than a jalapeno on a summer day-the PPI index leaped by 0.7%, while the forecasters were snoozing at 0.3%. That’s the biggest jump since last summer’s barbecue season. The annual PPI reading? A sizzling 3.4%. Talk about a wake-up call for the market-price pressure is here to stay, folks!
Alas, let us not be hasty! Though the stars may align, and the charts whisper of stability, XRP hath not yet donned the mantle of a full bullish trend. Nay, its decline merely slows, and buyers, those fickle suitors, step forth with cautious tread.
It appears that the modern alchemists of the digital age have discovered a way to turn their stablecoins into something resembling interest-though one suspects the real magic lies in the eyes of the beholder.
With Protocol 20 now in full effect, Pi hath acquired the capacity to support smart contracts-those self-executing covenants which automate payments, subscriptions, and digital assets with the precision of a well-tuned clock. Yet, as is prudent in matters of such magnitude, the rollout shall proceed in measured steps rather than a grand, hasty leap. The inaugural offerings shall be simple and user-friendly, with subscription-based services taking precedence, followed by escrow tools and NFT-related functions. This deliberate pace, one must commend, ensures stability while the novelties are introduced to the public.
The transactions, executed through state-owned Druk Holding & Investments, unfolded across roughly 24 hours, with bitcoin trading near $74,268 during the period. No public statement has been issued, consistent with Bhutan’s typical approach to digital asset operations-i.e., treating the entire affair like a secret society meeting.
Zack Wainwright, Fidelity’s chart-obsessed bard, posted a new Chart Chatter on X (formerly Twitter, but now just a digital tavern for the desperate). He noted that Bitcoin’s CAGR, once a proud stallion galloping ahead of gold’s stately carriage, has now slunk into a trot. “In early 2026,” he intoned, “we witness Bitcoin’s CAGR falling below gold’s for the second time in its history. Three consecutive months of this humiliation. A tragedy in three acts.”
Bitrefill Hit by Cyberattack, 18,500 Records Exposed On March 1, 2026, Bitrefill, a platform for making payments with cryptocurrency, experienced a cyberattack. The attack may be connected to the Lazarus Group, a hacking organization believed to be based in North Korea. Approximately 18,500 customer order records were accessed, including email addresses and cryptocurrency addresses. The … Read more