According to Odaily Planet Daily, Tom Lee, Chairman of Bitmine Immersion Technologies, stated that the "mini crypto winter" affecting ETH is ending, and the company has maintained a high buying pace over the past three weeks. Lee pointed out that the progress of the CLARITY bill in Congress and the relative stability of the crypto market amidst the turmoil in Iran are positive signs. ETH has risen 18% since the Iran war, outperforming the stock market by 2450 basis points, while gold has fallen by more than 15% during the same period. Bitmine purchased another 65,341 ETH last week, worth approximately $139 million, bringing its total holdings to over 4.6 million ETH, representing approximately 3.86% of the total circulating supply of ETH. To reach its 5% target, it needs to purchase approximately 1.4 million ETH, which at current prices would require approximately $2.9 billion. Currently, the company has over 3 million ETH staked. Bitmine also holds $1.1 billion in cash, 196 BTC, a $200 million investment in Beast Industries, and a $95 million investment in Eightco Holdings. According to StrategicEthReserve, Bitmine ranks first among 67 large ETH holders, SharpLink Gaming ranks second with 863,000 ETH, and Ether Machine ranks third with 496,000 ETH.

Delaware Senator Spiros Mantzavinos and Representative Bill Bush have introduced the "Delaware Banking Modernization Act" (Senate Bill 16) and the "Delaware Payments Stablecoin Act" (Senate Bill 19). The stablecoin bill aims to establish a licensing framework for stablecoin issuers and digital asset service providers, adopting definitions from the federal GENIUS Act and proposing requirements such as reserve remedies, mandatory redemption deadlines, capital standards, and anti-money laundering obligations. If approved, the state banking commissioner will implement the rules within a specified timeframe. Delaware Governor Matt Meyer stated that the legislation aims to lower the barriers to entry for financial services, enabling all residents to send, receive, and save money online. The state launched a blockchain initiative in 2016 to attract businesses, but last year some technology and crypto companies, including Coinbase, relocated out of the state. Both bills still require review by the Senate Banking Committee and debate by the full Senate. Lawmakers will also introduce the Delaware Money Transmission and Virtual Currency Modernization Act in the coming days, which mainly deals with consumer protection and the standardization of licensing activities.

According to Onchain Lens monitoring, James Wynn opened a new BTC short position with 40x leverage after all his previous positions were liquidated.

Odaily Planet Daily reports: Amazon (AMZN.O) stated that AWS service in the Bahrain region was disrupted. Amazon said the outage was caused by drone activity. (Jinshi)

Odaily Planet Daily reports that YZi Labs has accused CEA Industries of systemic governance failures, condemning its payment of nearly $1.98 million in severance pay to its departing CEO. YZi Labs issued a statement responding to CEA Industries' (NASDAQ: BNC) 10-Q and 8-K forms filed on March 16, 2026. The statement points out that BNC's SEC filings revealed significant deficiencies in its internal controls over financial reporting, the previous CEO and Chief Financial Officer/Accounting Officer being the same person, and a lack of adequate due diligence controls in key areas such as revenue, taxation, and equity-based compensation. YZi Labs estimates the total value of the transition agreement for departing CEO David Namdar at approximately $1.98 million, including $375,000 in retrospective advising fees, approximately $276,000 in future monthly advising fees, approximately $434,300 in cash in lieu of an unapproved equity plan, and a one-time severance payment linked to restrictive clauses. YZi Labs argues that the restrictive clauses in the agreement prohibit Namdar from assisting shareholders in making any claims or taking actions that influence management, essentially making it a tool for a power struggle. The statement also notes that BNC paid $2 million this quarter to an asset management entity controlled by incumbent director Hans Thomas, bringing the cumulative total to $3.8 million since June 7, 2025. Furthermore, there is a discrepancy in the exercise data for 17,648 warrants on the 10-Q form. YZi Labs investment partner Alex Odagiu stated that the board transferred millions of dollars to related parties without holding an annual shareholders' meeting or obtaining shareholder approval. YZi Labs is demanding that the board publicly explain the rationale behind the severance pay, release a plan to rectify the material deficiencies, and disclose the full scope of application of the restrictive clauses in the transition agreement.