Morning News | American Bitcoin's BTC holdings have surpassed 7,000; Midas completes $50 million Series A financing; Upbit's parent company Dunamu announces 2025 revenue

整理：ChainCatcher

Important News:

• Data: Ethereum's net supply increased by 81,790.88 coins in the past 30 days
• Strategy did not increase Bitcoin holdings last week
• Upbit's parent company Dunamu announces 2025 revenue: total revenue of 1.56 trillion won, a year-on-year decrease of 10.0%
• Tokenized asset platform Midas completes $50 million Series A financing, led by RRE and Creandum
• Leverage prediction trading platform OmenX announces completion of multi-million dollar seed round financing, with participation from Paramita VC and others
• American Bitcoin: BTC holdings have exceeded 7,000 coins, nearly tripling since going public
• Bitmine increased its holdings by 71,179 ETH last week, bringing total holdings to approximately 4.732 million coins

What important events happened in the past 24 hours?

Bitmine increased its holdings by 71,179 ETH last week, bringing total holdings to approximately 4.732 million coins
According to ChainCatcher, Bitmine Immersion Technologies disclosed that it increased its holdings by 71,179 ETH last week. The company's crypto asset holdings now include 4,732,082 ETH, 197 BTC, equity worth $102 million in Eightco Holdings, and shares worth $200 million in Beast Industries.

Additionally, the total amount of ETH staked by the company is 3,142,643 coins (valued at $2,005 per ETH, totaling $6.3 billion).

Strive plans to collaborate with Tuttle to issue ETF products, investing in Strategy's preferred stock STRC and Strive's SATA

According to ChainCatcher, Bitcoin fund management company Strive (ASST) will collaborate with ETF issuer Tuttle Capital Management to launch the T-Strive Digital Credit ETF, aimed at investing in the variable rate Series A perpetual preferred stock STRC issued by Strategy, as well as the preferred stock SATA issued by Strive.

It is reported that in January this year, Strive announced plans to raise an additional $150 million through a secondary public offering, having previously raised $160 million through the oversubscribed SATA IPO. Once approved, the T-Strive Digital Credit ETF will trade on the Chicago Options Exchange under the ticker DGCR.

Data: UK crypto investment company Abraxas Capital establishes a short position of $135 million in crude oil
According to ChainCatcher, on-chain analysis platform Lookonchain monitored that UK crypto investment company Abraxas Capital has established a short position in crude oil totaling approximately $135 million, specifically including: 954,996 Brent crude oil contracts (approximately $102.7 million) and 322,885 WTI crude oil contracts (approximately $32.7 million).
On-chain private credit startup Valinor completes $25 million seed round financing, led by Castle Island Ventures
According to ChainCatcher, blockchain private credit startup Valinor, co-founded by former Blackstone employees, announced the completion of a $25 million seed round financing, led by Castle Island Ventures, with participation from Susquehanna's crypto division, Maven11, and the founder of Bitcoin mining company turned AI company TeraWulf.

Valinor's core business is to bring private credit processes on-chain. Traditional private credit institutions rely on manual verification and spreadsheet collaboration when handling revolving credit lines. Valinor plans to replace these processes with smart contracts to achieve automated routing of funds and condition-triggered execution.

Both co-founders have traditional finance backgrounds, having worked in banks and Blackstone's private credit division before transitioning to the crypto industry in 2022. Valinor initially focuses on providing loans to crypto companies and will later introduce blockchain technology into the loan process to enhance efficiency. Currently, the company has completed lending for several fintech and crypto companies using blockchain technology.

The funds raised in this round will be used to expand the loan scale, broaden the customer base, and increase team personnel, with the current number of employees being 6.

American Bitcoin: BTC holdings have exceeded 7,000 coins, nearly tripling since going public

According to ChainCatcher, Bitcoin mining company American Bitcoin (NASDAQ: ABTC), supported by the Trump family, announced its BTC reserve data, which has now exceeded 7,000 coins. It stated that since its listing on NASDAQ, the company's BTC reserves have increased by about three times.

In terms of global listed companies' BTC holdings, American Bitcoin currently ranks 16th.

Tokenized asset platform Midas completes $50 million Series A financing, led by RRE and Creandum

According to ChainCatcher, tokenized asset platform Midas announced the completion of $50 million in Series A financing, led by RRE and Creandum, with participation from Framework Ventures, Franklin Templeton, and Coinbase Ventures.

Midas focuses on transforming institutional-grade yield strategies into on-chain token products. This round of financing will be used to expand its Midas Staked Liquidity (MSL) system—a standalone liquidity layer designed to meet user withdrawal demands through pre-configured funds, allowing for instant redemption without gradually liquidating positions when investors exit, thus addressing the issues of existing treasury-style structures locking up funds and lengthy redemption cycles.

Leverage prediction trading platform OmenX announces completion of multi-million dollar seed round financing, with participation from Paramita VC and others

According to ChainCatcher, leverage prediction trading platform OmenX announced the completion of multi-million dollar seed round financing, with participation from Paramita VC, Penrose Ventures, M77 Ventures, and founders of several centralized exchanges.

It is reported that OmenX focuses on transforming real-world events into tradable markets and introducing leverage mechanisms similar to perpetual contracts into the prediction market space, aiming to enhance capital efficiency and institutional-level risk hedging capabilities. OmenX founder James stated, "OmenX is not just a prediction market, but an infrastructure that can treat global events as liquid tradable asset classes with institutional-level leverage."

Currently, the OmenX Public Testnet has officially opened to the global community, allowing users to participate in the OmenX points system, which is an incentive framework designed to encourage the community to stress-test the platform's leverage mechanisms and liquidity depth. OmenX is preparing for the subsequent full mainnet launch and plans to deploy on the Base network.

Data: Ethereum's net supply increased by 81,790.88 coins in the past 30 days
According to ChainCatcher, data from Ultrasound.money shows that Ethereum's net supply increased by 81,790.88 coins in the past 30 days, bringing the total supply of Ethereum to 121,570,566 ETH, with a current supply growth rate of 0.82% per year.

Upbit's parent company Dunamu announces 2025 revenue: total revenue of 1.56 trillion won, a year-on-year decrease of 10.0%

According to ChainCatcher, South Korean media Decenter reported that Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, announced its annual performance report for 2025, showing declines in both revenue and profit.

According to the consolidated financial statements, Dunamu's operating revenue for 2025 is 1.56 trillion won, a year-on-year decrease of 10.0% (down from 1.73 trillion won in the same period last year); operating profit is 869.3 billion won, a year-on-year decrease of 26.7% (down from 1.18 trillion won in the same period last year); net profit is 708.9 billion won, a year-on-year decrease of 27.9% (down from 983.8 billion won in the same period last year).

Reports indicate that the decline in performance is mainly attributed to the shrinking trading volume in the crypto asset market amid a global economic downturn. Dunamu's revenue structure is highly concentrated on trading fees, which accounted for 98.26% of total revenue in 2025.
Rich Dad Poor Dad author: Inflation and geopolitical conflicts will push up oil prices, optimistic about assets like Bitcoin and Ethereum
According to ChainCatcher, Robert Kiyosaki, author of "Rich Dad Poor Dad," stated on social media that the continuous expansion of national debt and currency issuance will drive inflation upward, putting continuous depreciation pressure on dollar savings. At the same time, he believes that geopolitical conflicts may persist in the long term and provide upward support for oil prices, further exacerbating the inflation environment.

Robert Kiyosaki pointed out that in the current global context of debt, currency, and inflation, personal financial awareness and asset allocation are particularly crucial, and he holds a relatively optimistic attitude towards assets such as gold, silver, oil, food, as well as Bitcoin and Ethereum.

Strategy did not increase Bitcoin holdings last week
According to ChainCatcher, Strategy disclosed in its latest regulatory filing that as of the week ending March 29, 2026, the company did not purchase any new Bitcoin, maintaining its holdings at 762,099 coins; at that time's market value, this batch of Bitcoin was worth over $51.5 billion.

Hackers leak data of 1.5 million Binance users, internal servers were not directly breached

According to ChainCatcher, cybersecurity platform VECERT disclosed on March 28 that hackers, under the name PexRat, are selling a database containing personal information of 1.5 million Binance users on the dark web, including sensitive information such as names, emails, phone numbers, KYC certification status, login IP addresses, and two-factor authentication methods.

Analysis indicates that this incident was not a direct breach of Binance's internal servers, but rather attackers bypassed the CAPTCHA mechanism to obtain data through credential stuffing and automated scraping methods. Affected users face a high risk of SIM card hijacking and phishing attacks. This incident comes at a time when Binance's institutional OTC trading business is experiencing rapid growth, with trading volume reaching 25% of the total for the entire year of 2025 in just January and February. This is the second data security crisis Binance has faced after 420,000 account credentials were leaked in January.

Tencent's Zhang Jun: Enterprise WeChat CLI open-source project launched on GitHub community

According to ChainCatcher, Tencent's public relations director Zhang Jun stated today that on March 30, the Enterprise WeChat CLI open-source project was launched on the GitHub community, opening up seven core product capabilities including messaging, scheduling, documents, smart forms, meetings, to-do lists, and contacts, supporting calls from mainstream AIAgents (such as ClaudeCode, Codex, WorkBuddy, QClaw, etc.).

Developers can leverage these capabilities to enable AIAgents to understand and utilize Enterprise WeChat capabilities in a more natural way, quickly developing AI applications that are closer to everyday office scenarios.

Hyperliquid Labs has unstaked 333,000 HYPE, to be distributed to team members on April 6

According to ChainCatcher, on-chain data shows that the Hyperliquid team wallet unstaked 333,000 HYPE (approximately $13 million) 11 hours ago, with HYPE currently priced at $37.56, down 5.14% in 24 hours.

Previously, the official announcement stated that 333,000 tokens from Hyperliquid Labs would be unstaked on March 29 and distributed to team members on April 6.

Linea will transition to RISC-V architecture, aligning closely with the RISC-V roadmap promoted by the Ethereum Foundation

According to ChainCatcher, Ethereum L2 project Linea tweeted that its cryptographic researcher Alexandre Belling announced on Ethproofs that Linea will transition to RISC-V architecture. The main reason is that each Ethereum hard fork requires a complete rewrite of the constraint module, leading the team to combat complexity for a long time instead of pushing frontier performance. RISC-V only provides 32 registers and about 40 instructions. For proof systems, the tracking range is narrower, can be constructed in real-time, and the prover can immediately start processing proof segments.

Additionally, RISC-V has a narrower execution trace and Type-1 compatibility while retaining zkC (constraint native language), Vortex and Arcane (proof/aggregation stack), and formal verification. Linea stated that this move aligns closely with the RISC-V roadmap being promoted by the Ethereum Foundation, with more technical details to be announced in the coming weeks.

Meme Popularity Rankings

According to the meme token tracking and analysis platform GMGN, as of March 31, 09:00,

The top five popular ETH tokens in the past 24 hours are: HEX, SHIB, LINK, PEPE, UNI

The top five popular Solana tokens in the past 24 hours are: VDOR, Punch, PANDU, neet, Buttcoin

The top five popular Base tokens in the past 24 hours are: SKITTEN, PEPE, BASED, B3, SKYA

What are some interesting articles worth reading in the past 24 hours?

War not only pushes up oil prices, but why has Circle's stock soared?

There are certain companies that profit when global situations worsen. Defense contractors, oil giants, gold mining companies. These are obvious examples, as their business models are built on instability and factor this instability into their pricing.

Circle should not belong to this category. Its token value has always been fixed at $1, by design. Stability is at the core of its product. However, Circle's stock price has soared from $49.90 on February 5 to about $123 now, more than doubling in just five weeks. Meanwhile, the entire cryptocurrency market is still 44% lower than its peak in October.

As global situations become increasingly turbulent, a company designed to maintain price stability has become one of the hottest trading targets in the market.

I want to explain how it works, why it is more interesting than it seems, and the distinction it tells us between Circle's essence and the products the market is currently paying for.

Polymarket rules change, how should airdrop participants respond?

Polymarket officially announced updated "Market Integrity Rules" on March 23, applicable to both its DeFi platform and the CFTC-regulated U.S. exchange. The new rules explicitly prohibit three types of insider trading behaviors and strengthen the framework for combating market manipulation. This policy adjustment did not come out of nowhere, but is a product of a series of controversies and public pressure, and is also Polymarket's compliance self-rescue action before being impacted by mainstream U.S. financial regulation.

However, the new rules affect not only genuine insider players; do they pose a more direct threat to the interests of the large number of users seeking to exploit the system? Or to those professional arbitrageurs who truly provide liquidity?

When Agents become consumers, who will rewrite the underlying logic of internet commerce?
Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of internet commerce. Because payment technology is ultimately just a means; whether users are willing to pay is the real moat.