On March 31st, MailOnline's investigation showed that since April 2024, British authorities have frozen around $7.7 million (£6 million) worth of illegal crypto assets. Last year, the UK revised its regulations, granting special powers to the National Crime Agency (NCA) and the police to freeze, seize, and destroy crypto currencies related to crime and criminals. These powers allow the police to freeze crypto wallets for up to three years. Officials can also seize these assets if the court believes the funds are from illegal sources or will be used for criminal purposes. This special power also allows law enforcement agencies to seize any crypto wallets suspected of being linked to criminal organizations without the need for arrest. Authorities are also empowered to destroy these assets if they believe that putting the seized crypto assets back into circulation "is not in the public interest." This may include privacy coins commonly used by criminals to conceal the source of funds. According to court documents analyzed by MailOnline, the largest freeze order was issued against a wallet hosted on Coinbase. The wallet contained tokens worth $1.94 million (£1.5 million). The freeze order was issued by the Tyne River Newcastle Magistrates' Court on March 18th. The fact that the application for the court order was made by Her Majesty's Revenue and Customs (HMRC) indicates that the case may be related to tax evasion. The identity of the wallet owner remains a mystery.

Nikkei News reported on Sunday that the Japanese Financial Services Agency plans to propose officially classifying crypto assets as financial products, as part of new regulations on insider trading of cryptocurrencies. It is reported that the Japanese Financial Services Agency plans to submit an amendment to the Financial Instruments and Exchange Act to the Diet as early as 2026, following a closed-door expert analysis of the existing legal framework. Currently, Japan classifies cryptocurrencies as a means of settlement under the Payment Services Act.

March 30, at a town hall meeting hosted by his American political action committee in Green Bay, Wisconsin, Musk distinguished the Federal Department of Efficiency (DOGE) from Dogecoin cryptocurrency.

senior investigators from the Intelligence and Economic Crimes Department of the Islamic Revolutionary Guard Corps (IRGC) in Iran have been accused of embezzling over $21 million in crypto assets during an investigation of the cryptocurrency exchange Cryptoland. According to court documents reviewed by Iran International Television, two senior officials from the IRGC Economic Intelligence Department, Mehdi Hajipour and Mehdi Badi, were the main planners of the scheme. Blockchain evidence shows that wallets controlled by Hajipour alone handled tokens worth over $21 million.

On March 31st, according to relevant page information, Layer 1 blockchain Initia has established foundation X account and official website. Earlier news, Initia hinted that it had completed a snapshot on platform X by releasing a picture.

The focus of the case revolves around allegations that Galaxy Digital, led by founder Michael Novogratz, participated in the promotion and purchase of LUNA tokens at a discounted rate in 2020, sparking interest in the token in the Western market. New York Attorney General Letitia James stated that Galaxy Digital bought 18.5 million LUNA tokens from Terraform Labs for $0.22 each, below the market price at the time, contributing to the token's visibility and subsequent price surge. Despite publicly supporting LUNA and Novogratz's pledge to get a tattoo if the token hit $100, Galaxy Digital sold millions of tokens without disclosure, profiting as the price rose. The company had mostly sold its LUNA holdings by the time the Terra ecosystem collapsed in May 2022, while Terraform Labs founder Do Kwon faces multiple fraud charges after being arrested in Montenegro in 2023. The settlement of the $200 million lawsuit against Galaxy Digital highlights the increasing scrutiny on crypto firms involved in the rise and fall of digital assets, emphasizing the potential legal and financial consequences for major crypto investment firms. This resolution with the New York Attorney General could establish a precedent for future actions against firms connected to the failure of other cryptocurrency projects.

A cryptocurrency trader with foresight reportedly transformed an investment of $2,000 into more than $43 million by capitalizing on the memecoin Pepe at its peak value, despite the token's high volatility and lack of underlying technical worth. The trader achieved a remarkable return on investment of over 4,700 times on the popular frog-themed Pepe (PEPE) cryptocurrency, as per blockchain intelligence platform Lookonchain. Lookonchain stated, "This original investor only spent $2,184 to acquire 1.5 trillion $PEPE ($43 million at its peak) in the early stages. After selling 1.02 trillion $PEPE for $6.66 million, they were left with 493 billion $PEPE ($3.64 million) and a total profit of $10.3 million (4,718 times)." Source: Lookonchain.

Marathon Digital is planning to raise $2 billion through a new offering, following a successful round that raised $1.4 billion to increase its Bitcoin holdings. The company intends to use the funds from the current offering primarily for purchasing more Bitcoin, with 40% allocated for acquisitions, 35% for general corporate needs, and 25% for working capital. The equity sale will be facilitated by investment firms like Barclays and BMO Capital Market, as Marathon continues its strategy of funding Bitcoin acquisition through stock offerings. With a current holding of 46,376 BTC, Marathon aims to secure a strong position in the digital asset space by focusing on acquiring Bitcoin, inspired by strategies seen in companies like MicroStrategy. The decision to buy Bitcoin directly through stock offerings and convertible bonds is in response to challenges in the Bitcoin mining industry, such as rising energy costs and the halving of mining rewards, while also diversifying the company's digital asset portfolio.

XRP (XRP) has experienced a significant drop of almost 40% to approximately $2.19, following a recent high of $3.40 two months ago. This decline is part of a larger market sell-off influenced by President Donald Trump's trade war, despite positive news such as the SEC dropping its case against Ripple. XRP is still showing a 350% increase from its low in November 2024, indicating a period of consolidation after a strong rally. There is speculation about whether this marks the end of the bullish trend or presents a good buying opportunity. The price of XRP has been fluctuating between $1.77 (support) and $3.21 (resistance) since January, with resistance near the upper limit and diminishing bullish momentum. Analysts predict a potential long entry if the price revisits the support level of $1.77. The green support area on the chart, extending down to $1.50, suggests a zone of high demand where buyers may intervene. A short-term market rebound, driven mainly by Bitcoin (BTC), could lead to a temporary recovery, but a clear breakout above $3.21 is needed to confirm a bullish trend reversal. XRP is currently in a sideways structure, with analysts monitoring reactions at the $1.77 support level before considering a long position. Analysts are observing a potential bull flag formation within the consolidation zone of $1.77 to $3.21, with a breakout above $3.21 possibly leading to a 450% price rally. XRP is currently consolidating within a long-term bullish pattern, resembling a previous rally from March 2020 to April 2021. As long as XRP remains above the 50-week moving average (1W MA50), the broader bullish cycle is expected to continue, potentially targeting $6.50 in the coming months. This article does not provide investment advice, and readers are encouraged to conduct their own research before making any financial decisions.

according to the SlowMist monitoring, the DeFi protocol SIR.trading was attacked, and Cosine estimated that the hacker's profit from this attack was $350,000.