Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily Report (March 31): Senator Introduces the “US Mining Act” for the First Time; Bitmine Re-Stakes 167,000 ETH

Gate Daily Report (March 31): Senator Introduces the “US Mining Act” for the First Time; Bitmine Re-Stakes 167,000 ETH

Bitcoin rebounds in the short term to $67,660, and a U.S. senator proposes the “U.S. Mining Act,” aiming to establish a strategic Bitcoin reserve. Bitmine re-stakes 167,500 ETH, bringing its total staked amount to nearly 3.31 million ETH. With market volatility, the S&P 500 and Nasdaq indices fell. Analysts say short-term market sentiment is sluggish, and rising oil prices are affecting the BTC price.

The NFL has asked for the delisting of manipulation-prone contracts in prediction markets, and the CFTC respects the league’s position

The National Football League (NFL) requires prediction market platforms to cease offering contracts that are easily manipulated and emphasizes that these contracts lack randomness, which could constitute insider trading. The CFTC chair stated that it will respect each league’s views and that the regulatory landscape may change. Additionally, the NFL and MLB have adopted different strategies—adversarial and cooperative—when dealing with prediction markets, reflecting different perspectives among professional sports organizations regarding regulation.

401(k) retirement savings can be invested in crypto! The U.S. Department of Labor proposes a landmark rule draft

The U.S. Department of Labor proposes new regulations, aiming to make it easier for 401(k) retirement plans to include alternative assets such as cryptocurrencies to reflect the modern investment landscape. Supporters believe this move can increase portfolio diversification, while opponents worry it could harm wage earners. The rules are still in the public comment phase and the final form has not yet been determined.

Why is Bitcoin up today? Trump pauses strikes on Iranian energy facilities, and the Fed signals support for risk markets

Bitcoin rebounded to above $67,000 on March 31, mainly driven by signals from U.S.-Iran diplomacy and the Federal Reserve’s decision to keep interest rates unchanged. Market sentiment temporarily improved, but Iran’s Ministry of Foreign Affairs said that the lack of direct negotiations could limit the rebound. The potential impact of the Strait of Hormuz toll bill on supply chains is pushing up oil prices and putting pressure on the market; it’s important to closely monitor future price movements.

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Supply-chain attacks deal a severe blow to npm: the axios maintainer account was compromised, and all 300 million weekly downloads are in urgent danger.

Recently, the npm core package axios was hit by a supply-chain attack. The attacker compromised the lead maintainer’s account and published a malicious version that injects cross-platform malware. The attack process was carefully planned, including the release of bait versions. Affected users should check their lockfile and downgrade to a safer version, and rebuild their systems to prevent resource leakage. It is recommended that cryptocurrency and Web3 developers check and update sensitive credentials and take measures to protect against future attacks.
MarketWhisper·4m ago
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Crypto Starts Pricing In Quantum Risk as Bitcoin, Ethereum and Solana Split on Strategy

The essay discusses how Bitcoin, Ethereum, and Solana are addressing quantum risk in varying degrees. While Bitcoin remains cautious and divided over the threat, Ethereum is proactively planning upgrades, and Solana is testing modular solutions. Overall, the crypto community is beginning to take quantum risks seriously, with ongoing research and proposals emerging.
BTC0,19%
ETH0,69%
SOL-0,16%
CryptoNewsFlash·4m ago

New US Rule Seeks to Open $8T Retirement Market to Crypto

In brief The proposal implements President Trump's order last year to expand 401(k) access to alternative assets. Few retirement plans offer alternatives, and even fewer hold them, the Labor Department said. The rule clears a legal path but leaves operational hurdles and unresolved
BTC0,19%
Decrypt·10m ago

Uranium Finance Hacker Arrested! Stole 54 Million in Cryptocurrency, Up to 30 Years in Prison

Maryland resident Jonathan Spaletta was arrested for two hacking incidents against Uranium Finance in 2021, with losses exceeding $54 million. Spaletta faces charges of computer fraud and money laundering, with a maximum sentence of 30 years. The stolen funds were converted into collectibles such as Pokémon cards and Ancient Roman coins, showing his money-laundering method. Victims have not been compensated to date, and the case is still ongoing.
BNB-0,59%
BTC0,19%
ETH0,69%
MarketWhisper·13m ago
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Google: Post-quantum migration is urgent, cracking cryptocurrency costs drop dramatically

Google’s quantum AI team published a white paper stating that future quantum computers could crack the ECDLP-256 elliptic curve cryptography with fewer resources, posing a threat to cryptocurrency security. It recommends immediately initiating a post-quantum cryptography (PQC) migration, avoiding the reuse of wallet addresses, and paying attention to policy choices for abandoned addresses. Google proposed a zero-knowledge proof to securely disclose the vulnerability, and set 2029 as the deadline for quantum-resistant migration to ensure the industry is sufficiently prepared.
MarketWhisper·21m ago
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Trump’s son’s ABTC Bitcoin reserves break 7,000 coins, ranking 16th globally among listed companies

American Bitcoin Corp. (ABTC), the mining company run by Eric Trump, the son of U.S. President Donald Trump, announced that its Bitcoin reserves have exceeded 7,000 BTC, with a market value of approximately $473 million to $475 million. However, the stock price has plummeted by 90% since going public, mainly due to share dilution and non-cash accounting losses. ABTC’s mining capacity has increased to about 89,000 ASIC mining machines, but market performance continues to disappoint investors.
BTC0,19%
MarketWhisper·28m ago
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Lido DAO Plans $20M LDO Buyback to Stabilize After Historic Decline

Lido DAO’s decentralized autonomous organization is weighing a one-off $20 million buyback of its governance token, LDO, in a bid to address a pronounced price dislocation relative to Ether. The plan would swap 10,000 stETH tokens from the treasury for LDO, with proponents arguing that the governanc
LDO3,15%
STETH0,84%
ETH0,69%
CryptoBreaking·30m ago