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BC.GAME offers $500,000 bounty for information on hacker
Exploit targeted a third-party game, resulting in a $4.37 million loss
Attacker used stolen USDC to open a $31 million short on ETH, which was liquidated
The hacker incurred a $1.53 million loss from the liquidation.
Deep Dive
BC.GAME has announced a substantial $500,000 bounty for credible leads that can help identify an Ethereum wallet linked to a recent $4.37 million exploit. The crypto community has been urged to assist in tracing the hacker responsible for the incident.
On-chain tracking data revealed that the attacker utilized approximately 1.7 million USDC from the stolen funds. The hacker then opened a $31 million short position on ETH. However, this position was subsequently liquidated, resulting in a loss of $1.53 million due to a price increase in Ethereum.
BC.GAME has publicly identified the wallet involved in the exploit and is actively seeking assistance from analysts and investigators worldwide. The company is encouraging submissions of tips that could lead to the identification of the perpetrator or aid in the recovery of the stolen assets.
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John Daghita arrested for allegedly stealing $46 million in seized crypto assets from USMS. The theft occurred in 2024, involving a technology company contracted by the US Department of Justice and Defense. The suspect allegedly used his position to withdraw confiscated cryptocurrencies to personal wallets. The arrest follows an investigation by ZachXBT, who linked the suspect's wallets to scams and a US Government address.
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BlackRock reportedly acquired significant amounts of BTC and ETH via Coinbase Prime. Purchases occurred ahead of an anticipated FOMC emergency announcement. BTC price rose to $73,337 and ETH to $2,150 following the reported accumulation. Transactions are linked to BlackRock's iShares Bitcoin Trust (IBIT) and Ethereum Trust (ETHA).
PsiQuantum begins construction on a 1 million-qubit quantum facility, potentially capable of cracking Bitcoin's cryptography. The facility is being built in collaboration with Nvidia and aims to support next-generation AI supercomputers. While some warn of risks, others like Adam Back believe quantum computers won't pose a threat for at least a decade. Research suggests only a small fraction of Bitcoin (10,230 BTC) is currently at risk from quantum attacks.
BlockDAG (BDAG) network officially launched with trading live on major exchanges. BlockDAG raised over $452 million in early phases and aims for a $1.2 billion market cap. Polkadot (DOT) price increased 41% with a planned 50% supply cut in March 2026. Pippin price prediction shows potential for 300% gains after a 73% increase.
SOL Strategies stock surged 20% following its Nasdaq listing under ticker STKE. The company manages significant SOL holdings, with 3.87M SOL delegated and 1,276 SOL earned in February. Ark Invest selected SOL Strategies for Solana staking operations for its Digital Asset Revolutions Fund. DeFi Dev Corp increased SOL holdings by 11% to over $427 million, indicating strategic asset treatment.
BlockDAG (BDAG) is now live on Coinstore, BitMart, and Pionex USA with market makers targeting $0.2 and projecting 100x upside. Bitcoin Cash (BCH) faces bearish technicals, trading below key MAs and needing to reclaim $504.60 for upside. Ethereum (ETH) shows a cautious bounce around $2,080 but remains in a descending channel, facing resistance at $2,150. BlockDAG's projected market cap could exceed $1.2 billion, aiming for a top 50 ranking with trading volume forecasts surpassing Kaspa and Solana.
XRP consolidating between rising support and declining 26-day EMA, awaiting breakout. Bitcoin faces key resistance around $74,000-$75,000 after a short-lived rally. Shiba Inu shows signs of stabilization near $0.0000056 support after prolonged downtrend.
Altcoin mentions and social dominance have fallen to a 2-year low, with focus shifting to Bitcoin. Google Trends data shows a sharp decline in altcoin search interest. Santiment suggests that extreme lows in social volume can precede new rallies. Bitcoin experienced a 7.5% rise in 24 hours, with potential for altcoin rotation when BTC stalls.
Nvidia CEO Jensen Huang indicates the end of major investments in OpenAI and Anthropic. Nvidia's decision avoids taking sides amidst escalating controversies and competition between AI labs. The company previously invested $30 billion in OpenAI and $10 billion in Anthropic. Nvidia aims to maintain neutrality as a GPU supplier to multiple AI companies.
SEC ends lawsuit against Justin Sun with $10 million settlement Rainberry, one of Sun's companies, will pay the $10 million fine Claims against Sun, Tron Foundation, and BitTorrent Foundation are dropped
Bitwise donated an additional $233,000 to Bitcoin developers from BITB ETF profits. Total Bitcoin developer donations from Bitwise now exceed $383,000. BITB ETF has attracted approximately $2.2 billion in net inflows since its launch. Traditional finance may adopt on-chain infrastructure faster than previously anticipated.
Rainberry Inc. to pay $10 million civil penalty to settle SEC case SEC dismisses remaining claims against Justin Sun and affiliated entities Settlement resolves unregistered securities and market manipulation allegations Case resolution removes regulatory overhang for Tron founder
BlockDAG (BDAG) trading officially launched on March 5, 2026, on exchanges including Coinstore, BitMart, and Pionex USA. Market makers project BDAG could reach a top 50 market cap rank with potential for 100x growth. Uniswap (UNI) price increased 18% last week, driven by trading volume and a potential fee-burning governance update. Cardano (ADA) shows positive signs with large holders accumulating coins and a strong floor at $0.28, targeting $0.35.
Rainberry Inc. to pay $10 million fine as part of SEC settlement. SEC dismisses all charges against Justin Sun, Tron Foundation, and BitTorrent Foundation. Settlement requires Rainberry to be barred from future securities violations. SEC's case against Sun and Tron, filed in 2023, alleged federal securities law violations.
US banking regulators mandate identical capital treatment for tokenized and traditional securities. Capital requirements will not differ based on whether securities are tokenized or not. This policy applies to securities issued on permissioned or permissionless blockchains. Regulators clarified that tokenized assets can be used as collateral with the same haircuts as traditional securities.
Roblox implements AI to rephrase profanity in real-time chat instead of using hashmarks. The feature aims to maintain conversation readability and enforce community standards. Roblox is also enhancing chat filters to detect evasion tactics like leetspeak. This AI integration follows similar trends in the gaming industry for player behavior moderation.
XRP liquidity on Binance has dropped significantly to 0.097, increasing volatility risk. Shiba Inu burn rate surged 53,954% in 24 hours, coinciding with a 6.35% price increase. Rockefeller Capital Management increased its MicroStrategy (MSTR) stake by 146% to 198,283 shares.
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USDC
USDC
Core Scientific secures up to $1 billion in funding from Morgan Stanley. Funding will accelerate the transition of Bitcoin mining facilities into AI data centers. The company aims to generate significantly more revenue per kilowatt-hour from AI hosting compared to Bitcoin mining. This strategic shift follows Core Scientific missing Q4 revenue estimates and a prior sale of Bitcoin holdings.
