Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Trump’s Crypto Reserve Plan: Trump announced a US Crypto Strategic Reserve, initially focused on Bitcoin but later including altcoins like ETH and SOL, sparking debate.

2. 🪂Airdrop Essentials🎁: Get the latest airdrop now! Read UseTheBitcoin’s “Superform Protocol Potential Airdrop Guide” to learn more on how to qualify and participate in the Superform protocol potential airdrop!

3. Bybit Hackers Launder $138M: Bybit hackers moved 62,200 ETH ($138M), bringing total laundered funds to 343,000 ETH.

4. 💡Feature of the Day -Ethereum Foundation’s New Leaders: The Ethereum Foundation appointed Hsiao-Wei Wang and Tomasz Stańczak as co-directors, focusing on scaling and strengthening Ethereum.

   
   All this and more in today’s headlines!

📰 News Highlights:

Trump’s Crypto Reserve Plan [Source][Source][Source][Source][Source]

President Trump has announced plans for a US Crypto Strategic Reserve, initially focusing on Bitcoin but later including Ether, XRP, Solana, and Cardano.

This shift sparked debate, with Bitcoin advocates questioning the inclusion of altcoins.

The announcement briefly boosted Bitcoin’s price but led to a drop in its market dominance.

Industry experts, including Casa CEO Nick Neuman, argue that only Bitcoin makes sense as a strategic reserve asset, while others believe altcoins will eventually phase out in favor of Bitcoin.

Critics, including Bitwise’s Jeff Park, view the altcoin inclusion as a political miscalculation, while figures like Pierre Rochard predict the reserve will eventually be Bitcoin-exclusive.

🪂Airdrop Essentials🎁:

Superform Protocol Potential Airdrop Guide

Superform Labs is making waves in DeFi with its Superform Protocol, designed to simplify and optimize yield generation.

Backed by $3M in funding from VanEck Ventures and others, it tackles key DeFi challenges like liquidity fragmentation and cross-chain complexity.

Their latest innovation? SuperVaults, starting with SuperUSDC, offering up to 11.84% APY. Plus, with growing traction, an airdrop could be on the horizon!

🔍 Want to learn more? Check out our full Superform Protocol Airdrop Guide.

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Bybit Hackers Move 62,200 ETH [Source][Source]

The Bybit hackers resumed laundering stolen funds, moving 62,200 ETH ($138M) on March 1, bringing the total laundered amount to 343,000 ETH (68.7% of the $1.4B stolen).

Analysts expect the remaining 156,500 ETH to be moved within days.

The FBI has been working with exchanges and blockchain firms to block the hackers’ transactions, identifying 51 Ethereum addresses linked to them.

Despite efforts to halt the laundering, the hackers have been converting funds into Bitcoin and stablecoins through decentralized exchanges and crosschain bridges.

💡 Feature of the Day: 

Ethereum Foundation’s New Leaders [Source][Source][Source]

The Ethereum Foundation has appointed Hsiao-Wei Wang and Tomasz Stańczak as co-directors, responding to community concerns about the project's direction.

Wang, a researcher with seven years at the Foundation, and Stańczak, CEO of Nethermind, bring deep expertise to guide Ethereum’s evolution.

They will officially assume leadership on March 17, focusing on scaling and strengthening Ethereum’s role as a global financial base layer.

The Foundation recently deposited 45,000 ETH into DeFi protocols for yield and is increasing marketing efforts through the Etherealize initiative, which aims to attract institutional investors.

😂 Crypto Meme of the Day: 

Meme of the day provided by @trumpendium

And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com