3h ago
Bithumb to vote on CEO Lee Jae-won's reappointment at March 31 meeting: Korea Times
Bithumb is set to hold its regular shareholders' meeting on March 31, where investors will vote on a proposal to reappoint CEO Lee Jae-won, according to the Korea Times. Lee's current term ends at the end of the month, and approval would extend his tenure for another two years. The move comes after South Korea's Financial Intelligence Unit reportedly imposed a six-month partial suspension and a 36.8 billion won ($24.2 million) fine over alleged AML failures.
TRX
TRX-0.84%
3h ago
4h ago
Bitcoin hashrate slides as major miners redirect data centers to AI computing
Bitcoin's network hashrate is falling as large mining firms shut down rigs and convert capacity to AI-focused data centers. The shift follows an earlier peak near 1.2K EH/s in early 2026, with miners chasing higher returns from AI compute than BTC mining revenue per megawatt. Companies cited include Core Scientific, Bit Digital and Iris Energy, alongside reported multi-billion-dollar AI contracts signed in late 2025 and early 2026.
BTC
BTC-0.49%
4h ago
4h ago
ERC20 Stablecoin Activity Jumps From 85K to Nearly 600K Addresses as USDC and USDT Diverge
ERC20 stablecoin usage expanded sharply, with active addresses rising from about 85,000 in March 2025 to nearly 600,000 in March 2026, pointing to more sustained on-chain participation. Data in the report also show a preference shift in supply growth, with USDC up $4.5 billion year-to-date while USDT supply fell by roughly $2 billion. Exchange reserves were reported at $65.37 billion, down 0.72% in 24 hours, alongside net outflows of over $485 million.
USDC
USDC+0.01%
4h ago
4h ago
XRP Whales Buy About 200M Tokens in Two Weeks as Wallet Count Tops 7.7M
XRP posted relatively subdued trading last week even as liquidity flowed into the broader crypto market, but it still rose nearly 8% over the week. Whales accumulated about 200 million XRP over the past two weeks, while non-empty wallets surpassed 7.7 million and the ledger hit 46,767 active addresses on Monday. XRP was last at $1.39, down 1.56% over 24 hours, after a prior 48-hour move that briefly lifted it above $1.60.
BTC
BTC-0.49%
4h ago
5h ago
Akash Network (AKT) Faces Volatility as Landmark Burn-Mint Equilibrium Upgrade Goes Live on March 23
Akash Network (AKT) is experiencing significant price turbulence, retracing roughly 6.8% to $0.57 as the broader market enters a risk-off phase just hours before the network’s most anticipated milestone: the Burn-Mint Equilibrium (BME) upgrade. Despite the short-term dip, AKT remains up nearly 30% over the last week, with traders positioning for the 14:00 UTC hard fork that transforms the protocol’s tokenomics into a deflationary, utility-linked model.
AKT
AKT-6.67%
5h ago