ChainCatcher news, according to GlobeNewswire, the NYSE-listed company Genius Group announced that the U.S. District Court for the Southern District of New York (SDNY) has prohibited the company from selling stock to raise funds and has also prohibited the use of investor funds to purchase Bitcoin, thus forcing it to sell the Bitcoin in its treasury.It is reported that on October 30, 2024, Genius initiated arbitration to terminate the asset purchase agreement with Fatbrain AI (LZGI). LZGI shareholders filed a lawsuit against LZGI and its executives Michael Moe and Peter Ritz. However, on February 14 of this year, Michael Moe and Peter Ritz applied to the court for a Temporary Restraining Order (TRO) and a Preliminary Injunction (PI) to prevent Genius from selling any shares or raising any funds to purchase Bitcoin. The TRO was granted that day, and the PI was granted on March 13.

ChainCatcher message, Sinohope CEO Du Jun tweeted on platform X, "We will select one token with growth potential from the secondary market each month (excluding Bitcoin), with a single investment amount controlled between 2 million to 10 million USD. After each purchase is completed, we will publicly disclose the corresponding on-chain address and investment logic to ensure transparency and share our reasoning with the community."

ChainCatcher news, according to ZeroHedge, U.S. Senator Ted Cruz has proposed a bill to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).The Texas Republican senator's bill can be seen as a companion bill to the anti-CBDC legislation introduced by Minnesota Republican Representative Tom Emmer. Emmer's bill was reintroduced on March 6. A companion bill is legislation that is textually similar or identical to another bill and is introduced in another chamber of Congress.

ChainCatcher news, according to Cointelegraph, the learning-to-earn platform Dohrnii Labs has filed a report with the police in the United Arab Emirates, accusing the local cryptocurrency exchange Blynex of unauthorized liquidation of its tokens and failing to provide the promised loan.According to the statement, Dohrnii Labs deposited 12,649.99 Dohrnii (DHN) tokens into Blynex, worth over $500,000. On March 23, the company stated that it used 8,650 of those tokens as collateral for a 30-day loan in exchange for 80,000 Tether's USDT. Dohrnii claims that the exchange never delivered the USDT.Additionally, the team stated that Blynex liquidated its entire position of 8,650 DHN on Uniswap, obtaining 149,151 USDT, which led to a decrease in the market value of the tokens. The company reported that attempts to withdraw the remaining 4,000 DHN tokens were unsuccessful.

ChainCatcher news, at the first cryptocurrency industry roundtable held by the U.S. Securities and Exchange Commission (SEC), former SEC Cyber Enforcement Office Director John Reed Stark strongly opposed modifying existing securities regulations for digital assets. He stated that the Securities Act of 1933 and 1934 should not make concessions for cryptocurrencies, and digital assets should continue to be regarded as securities."People who buy cryptocurrencies are not collectors; they are investors. The SEC's duty is to protect investors," Stark said. He pointed out that crypto companies hire top law firms globally to try to delay enforcement actions, but they have lost in almost all cases. Stark also claimed that, compared to past technological revolutions like the iPhone, he has not seen any real innovation in digital assets.For a long time, Stark has been a staunch critic of the cryptocurrency industry, previously describing the partnership between the NBA team Dallas Mavericks and the crypto company Voyager as "collaborating with heroin manufacturers." He supports former SEC Chairman Gensler's "enforcement-based regulation" and insists that the crypto industry must comply with existing laws rather than asking the law to make way for it.

ChainCatcher news, Trump threatens to impose a 200% tariff on EU alcoholic products and firmly states that he will not "compromise" on tariffs against Canada, insisting on implementing the tariff plan on April 2, causing market turbulence. According to 4E monitoring, U.S. stocks collectively plummeted on Thursday, with the S&P 500 index closing down 1.39%, the Dow Jones down 1.30% marking four consecutive declines, and tech giants dragging the Nasdaq down 1.96%.After a brief recovery, the cryptocurrency market fell again last night due to the drag from U.S. stocks, with Bitcoin briefly dipping below the $80,000 mark. It only rebounded after the U.S. stock market closed, reaching $81,571 at the time of writing, a 24-hour decline of 2.6%. Altcoins crashed, on-chain activity was bleak, and amid the ongoing sluggish market, interest in contract trading has risen.In the forex commodities sector, February PPI growth was below expectations, pushing the dollar index up 0.2%; Russia agreed to a 30-day ceasefire, and a U.S.-Russia agreement may revive Russian oil and gas supplies, with U.S. crude oil closing down nearly 1.7%; driven by Trump's tariff threats and market risk aversion, spot gold surged nearly 1.8% to refresh its historical high, approaching $3,000.Wednesday's CPI and Thursday's PPI together indicate that inflationary pressures in the U.S. are easing, but the market generally believes this is insufficient to trigger a significant rebound. Trump's trade policies remain a key factor suppressing investor sentiment, casting doubt on the future interest rate path of the Federal Reserve, with the market still maintaining expectations for three rate cuts this year.

ChainCatcher news, Ohio gubernatorial candidate and entrepreneur Vivek Ramaswamy stated at the "Bitcoin For America" summit that the return on holding Bitcoin for over ten years has become the new high-risk benchmark yield. He believes the world is returning to an "era of capital scarcity," which contrasts with the massive money printing by the Federal Reserve over the past 15 years.Ramaswamy explained that institutional investors will once again need to consider the issue of "opportunity cost of capital" and establish benchmark yields for low-risk and high-risk investments. He pointed out that the benchmark for low-risk investments is the 10-year U.S. Treasury bond, while the benchmark for high-risk investments is the return on Bitcoin over a 10 to 15-year period."Bitcoin and what it represents, not only as a financial asset but also in fulfilling people's desire for symbols of American greatness," Ramaswamy stated, "is a more suitable asset for filling our national strategic reserves at the national level."

ChainCatcher message, Hong Kong Chief Executive John Lee's X account is suspected to be hacked, and has posted content related to tokens. Please be aware of the risks.

ChainCatcher news, according to DL News, Binance has banned users with Nigerian IP addresses from participating in its airdrop activities. Nigerian cryptocurrency users have reported that they are unable to access Binance's Web3 task platform, which previously allowed users to earn free cryptocurrency by completing simple social tasks, due to the ongoing dispute between the government and Binance.Binance has over 380,000 active users in Nigeria. This is the latest restriction following last year's ban on Nigerian users from accessing the peer-to-peer trading platform and the removal of the digital version of the Nigerian Naira. These restrictions stem from a legal dispute between Binance and the Nigerian government, which accuses Binance of causing the depreciation of the Naira.

ChainCatcher news, according to a report by Cointelegraph citing ABC News, California Democratic representative Sam Liccardo is preparing to introduce the "Modern Conflicts of Interest and Malfeasance Enforcement Act" (MEME Act), which will prohibit public officials from profiting from digital assets.The bill prohibits a wide range of public officials and their associates from issuing, sponsoring, and endorsing any securities, commodities, or digital assets. The applicable subjects include the President, Vice President, members of Congress, senior executive branch officials, and their spouses and dependent children. Liccardo stated that the bill has the support of a dozen Democratic lawmakers who are working to gain bipartisan support.Liccardo pointed out, "The Trump family's issuance of meme coins exploits the public for personal gain economically and raises concerns about insider trading and foreign influence on the executive branch." The bill is expected to be formally introduced on February 27.

ChainCatcher news, Cointelegraph reported that the Ohio Bitcoin Strategic Reserve Bill has passed committee review, bringing it one step closer to approval.

ChainCatcher news, WEEX exchange announcement, the platform has launched the 84th phase of the WE-Launch project Dohrnii (DHN). Users who invest ≥ 1,000 WXT before February 27 at 16:00 UTC+8 can share a reward of 10,000 USDT based on their effective investment proportion. WEEX has launched DHN/USDT spot trading.Dohrnii is not just a learning platform, but a movement------through interactive gamified experiences, individuals can master blockchain, trading, and DeFi skills, transforming education into opportunities through the "learn and earn" model, rewarding learners with $DHN to expand their expertise.

ChainCatcher news, according to the latest legislative documents, the Ohio House of Representatives recently introduced Bill No. 116 (HB 116), known as the "Ohio Blockchain Basic Act." This bill was proposed by Representative Demetriou and aims to regulate digital asset mining, taxation, and the management of digital asset investments in the state retirement system.The core contents of the bill include: prohibiting any fees, taxes, or other charges on the use of digital assets for the payment of goods and services; protecting the rights to digital asset mining and custody; and studying the feasibility of state retirement funds investing in digital asset ETFs. The bill has entered the review stage of the regular session of the 136th General Assembly (2025-2026).

ChainCatcher news, WEEX exchange announcement, the platform has launched the 75th and 76th WE-Launch projects LoserChick (CHICK) and TeddyOnHeels (TOH). Users who invest ≥ 1,000 WXT can share the prize pools of both CHICK and TOH projects, each worth 10,000 USDT, according to their effective investment proportion. The WXT invested by users does not need to be staked or locked, and can be traded, withdrawn, or used to participate in other activities at any time.

ChainCatcher news, according to Bitcoin.com, the new president of the Central Bank of Brazil, Gabriel Galipolo, stated that over 90% of cryptocurrency usage in the country involves stablecoin transactions. The central bank's analysis found that stablecoins are primarily used for cross-border payments and pose risks of tax evasion and money laundering.Galipolo pointed out that the central bank initially believed the popularity of stablecoins was due to their convenience for the public to hold dollars. However, after further investigation, it was found that a significant amount of stablecoin transactions were related to cross-border shopping, and the transaction methods were opaque, potentially being used to evade taxes or for money laundering activities. He also criticized some citizens' pursuit of privacy, suggesting that this is often associated with illegal activities.Galipolo revealed that the Central Bank of Brazil proposed new regulations last December, aiming to link the regulation of stablecoins to foreign currencies, which may prohibit individuals from holding stablecoins. If this regulation is ultimately passed, it will restrict Brazilian users from participating in decentralized finance (DeFi) activities, as most DeFi platforms require users to manage their own funds.

ChainCatcher news, WEEX exchange announcement, the platform has launched the WE-Launch project VTRU (Vitruveo), HOGSCOIN (CryptoHog), GOHOME (GOHOME), SC20 (Shine Chain). Users who invest WXT can simultaneously receive 56,000 VTRU, 5,500,000 HOGSCOIN, 10,000 USDT, and 25,000 SC20 tokens. The invested WXT does not require locking or staking and can be traded or withdrawn at any time.

ChainCatcher news, according to Bitcoin Magazine, Ohio State Senator Sandra O'Brien has introduced a bill proposing the establishment of a Bitcoin reserve and requiring state entities to accept Bitcoin as a form of payment.

ChainCatcher news, according to The Block, the Arkansas Senate City, County and Local Affairs Committee voted 6 to 1 to reject a bill that would "prohibit the establishment of cryptocurrency mining operations within 30 miles of military facilities."The bill originally included an emergency clause that would allow the state government to revoke the operating licenses of licensed cryptocurrency mining facilities located near military installations. The bill stated that this measure was necessary to ensure the health and safety of Arkansas and its citizens.

ChainCatcher news, Satoshi Action Fund co-founder and CEO Dennis Porter disclosed on the X platform: Ohio House Majority Whip Steve Demetriou, along with six other lawmakers, proposed a bill that allows the state to establish a "strategic Bitcoin reserve."The bill includes:Allowing the state government to allocate 10% of the general fund, budget stabilization fund, and prize trust fund for Bitcoin investments.Providing robust custodial solutions to ensure the state government uses self-custody or qualified custodians.Being technology-neutral by using the term "digital assets" to reduce political resistance and protect the purchasing power of state funds from inflation erosion.Only assets with a market capitalization of $750 billion that have sustained for an average of 12 months qualify for reserves, currently only Bitcoin meets this criterion.