Token | Trading Volume 【BTC】8.36 billion 【CFX】1.95 million 【FIL】14.16 million 【CHZ】8.47 million 【NEAR】50.03 million 【XMR】14.82 million 【PAXG】85.52 million 【TIA】4.70 million 【DYDX】2.20 million 【AIXBT】6.00 million

MyToken data monitoring shows that on 【March 5th, 10:54】 (Beijing Time), an address starting with 【bc1qyp】 transferred 【1505.29 BTC】 to an address starting with 【3FL5L1】, with a total value of approximately 【109.14 million】.

Odaily Planet Daily reports that the Hong Kong Commercial Crime Bureau launched Operation "Sinking" in September 2024, uncovering a cross-border money laundering syndicate. Two mainland Chinese men and women opened multiple dummy accounts at local digital banks after arriving in Hong Kong to receive proceeds from fraud. They then transferred the funds to traditional bank accounts to withdraw cash and purchased cryptocurrency at virtual asset exchange shops to conceal the source and destination of the funds. Between August and September 2024, the two laundered approximately HK$17.3 million in proceeds from crime. During the same period, the syndicate also conducted cryptocurrency transactions through Hong Kong bank accounts, laundering a total of HK$230 million. The two were found guilty of money laundering in the District Court today, and their sentences were increased by approximately 20%, to 28 months and 43 months imprisonment respectively.

According to Odaily Planet Daily, a16z crypto is raising its fifth fund, targeting approximately $2 billion, with plans to complete fundraising in the first half of 2026. This fund will focus entirely on blockchain investments. a16z crypto launched its first $300 million fund in 2018, and each subsequent fund has increased in size, reaching $4.5 billion in 2022 with its fourth fund. The fifth fund is less than half the size of the previous one. According to sources, a16z crypto plans to shorten the fundraising cycle to adapt to the rapidly changing trends in the crypto market. Currently, the crypto market is generally sluggish, with Bitcoin falling by nearly half since its all-time high last October, and listed crypto companies' stock prices also falling sharply. At the same time, the industry is facing its most favorable regulatory environment in Washington in 17 years. a16z crypto has been active in recent investments, including the decentralized protocol Babylon, the prediction market cross-platform integration tool Kairos, and a $50 million investment in the Solana staking protocol Jito. Furthermore, the landscape of the crypto venture capital industry is changing. Paradigm is raising up to $1.5 billion in a new fund, expanding its investment scope to include AI and robotics. Multicoin Capital co-founder Kyle Samani left the company in February to invest in other technology sectors. (Fortune)

According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, address 0xC45...D42DD withdrew 3000 ETH from Binance on February 24th at an average price of $1852.67. Seven hours ago, when ETH rose to a recent short-term high, the ETH was deposited back to the exchange at a price of $2183. If all were sold, this address would have made a profit of approximately $990,000.