Mastercard moves to link traditional finance and crypto infrastructure through 
a sweeping global partner program, assembling dozens of industry players to 
accelerate blockchain-powered payments, remittances, and settlements across 
mainstream commerce networks. New Mastercard Crypto Alliance With 85 Firms 
Signals Powerful Blockchain Finance Shift Digital asset integration is 
expanding within traditional finance as Mastercard introduced a […]

Mastercard Launches New Global Crypto Partner Program With 85 Firms to Accelerate Payments

The hacking incident exacerbates BONK.fun&#8217;s declining market position, 
highlighting vulnerabilities in decentralized platforms.
The post BONK.fun team account hacked and used to launch wallet drainer on 
site appeared first on Crypto Briefing.

BONK.fun team account hacked and used to launch wallet drainer on site

Ledger’s white-hat security team said it found a flaw in MediaTek&#8217;s secure 
boot chain that can be used to steal sensitive information from certain 
Android devices.

MediaTek patches bug enabling crypto seed theft in just 45 seconds

Ethereum is trading slightly above the $2,000 level as the market continues to 
navigate a period of uncertainty marked by sideways price action and cautious 
investor sentiment. After weeks of volatility across the broader 
cryptocurrency sector, ETH has entered a consolidation phase, with buyers and 
sellers struggling to establish a clear directional trend. Related Reading: 
TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World 
Deployment While price action appears relatively stable on the surface, new 
on-chain analysis suggests that underlying liquidity conditions may be 
shifting. According to a report from CryptoQuant analyst Arab Chain, 
Ethereum’s Scarcity Index on Binance currently sits around 0.67 while ETH 
trades near $2,050. The Scarcity Index measures the balance between available 
supply and demand pressure on a given exchange. A positive reading indicates 
that the amount of Ethereum available for trading on the platform has fallen 
below its historical average, reflecting tightening liquidity conditions. A 
value of 0.67 places the indicator firmly in positive territory, signaling a 
moderate degree of supply scarcity on Binance compared to previous market 
conditions. In practical terms, this suggests that part of Ethereum’s 
circulating supply may be moving off exchanges or remaining inactive in long- 
term holdings. Although the reading does not yet indicate extreme scarcity, it 
reveals that the supply balance is gradually shifting toward tighter market 
conditions as the market consolidates. Ethereum Scarcity Index Suggests 
Gradual Supply Tightening The report further explains that positive readings 
in the Scarcity Index reflect structural changes in the balance between 
available supply and market demand on exchanges. When the index moves into 
positive territory, it indicates that the amount of Ethereum available for 
trading on the platform is lower than its historical average, or that net 
flows are gradually moving out of the exchange. Both dynamics reduce available 
liquidity in the order book. Under these conditions, markets tend to become 
more sensitive to incoming demand. When supply on exchanges declines, large 
buy orders have a greater impact on price because fewer tokens remain readily 
available to absorb new demand. However, the current reading of 0.67 suggests 
that the market is experiencing moderate scarcity rather than extreme supply 
tightening. Compared with previous periods where the indicator reached much 
higher levels, the present value indicates that liquidity remains relatively 
stable even as supply conditions begin to shift. This places Ethereum in a 
transitional phase. The balance between supply and demand appears slightly 
tilted in favor of buyers, but not to the extent that it would immediately 
trigger sharp price movements. In practical terms, the data may indicate that 
some investors are withdrawing Ethereum from exchanges or holding assets off- 
platform, behavior typically associated with longer-term holding strategies 
rather than active trading. Related Reading: XRP Trading Interest Fades: 
Exchange Transactions Fall To Historic Lows Ethereum Stabilizes Near $2,000 
After Sharp Selloff Ethereum is currently trading around the $2,000 level 
after experiencing a sharp correction that unfolded earlier this year. The 
daily chart shows ETH attempting to stabilize following a rapid decline that 
pushed the asset from above $3,200 down toward the $1,800 region in February. 
That move triggered a brief capitulation phase, marked by a large spike in 
trading volume and a long lower wick that signaled aggressive buying interest 
near the lows. Since then, price action has transitioned into a consolidation 
phase between roughly $1,900 and $2,100. This range suggests that the market 
is attempting to establish a short-term equilibrium after the strong selling 
pressure that dominated the previous weeks. Related Reading: Altcoins Approach 
Historic Stress Levels as 38% of Tokens Near All-Time Lows Despite the recent 
stabilization, the broader trend remains under pressure. Ethereum continues to 
trade below its key moving averages, including the 50-day and 100-day trends, 
which are both sloping downward and currently act as dynamic resistance zones 
above the market. The long-term 200-day moving average remains significantly 
higher near the $3,300 area, highlighting the magnitude of the earlier 
breakdown. For bullish momentum to regain strength, ETH would likely need to 
reclaim the $2,200–$2,400 region, where previous support levels turned into 
resistance. Until then, the chart suggests Ethereum may remain locked in a 
consolidation phase while the market searches for clearer directional 
momentum. Featured image from ChatGPT, chart from TradingView.com

The $2,050 Pivot: Ethereum Scarcity Index Turns Positive As Binance Supply Tightens

Binance unleashes a legal battle against The Wall Street Journal over disputed 
reporting while the newspaper releases a new report on a U.S. investigation 
tied to the crypto exchange. Binance Sues WSJ as US Reportedly Probes Iran- 
Linked Crypto Activity A legal dispute between Binance and The Wall Street 
Journal intensified on March 11 after the […]

Cryptocurrency price in HUF