Good Morning Crypto Enthusiasts!

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

1. Crypto.com CRO Supply Controversy: Crypto.com faces backlash for reissuing 70B CRO tokens previously burned in 2021. Critics argue it undermines decentralization, with suspicions that Crypto.com controls 80% of governance.

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

3. Binance Insider Trading Scandal: Binance suspended an employee for front-running a token launch, profiting before a price crash. The exchange is investigating and offering $100K to whistleblowers.

4. 💡Feature of the Day - Circle Brings USDC to Japan: Circle’s USDC stablecoin launches in Japan via SBI VC Trade, marking the first approved stablecoin under new regulations.

   
   All this and more in today’s headlines!

📰 News Highlights:

Crypto.com CRO Supply Controversy [Source][Source][Source][Source]

Crypto.com is facing criticism after reissuing 70 billion Cronos (CRO) tokens that were initially burned in 2021, sparking concerns about transparency and decentralization.

Onchain investigator ZachXBT accused the platform of misleading the community, as the reissued amount represents 70% of the total supply.

Critics argue that the move contradicts the original intent of decentralizing the Cronos blockchain, and some suspect that Crypto.com’s validators control up to 80% of the voting power, effectively overriding community governance.

Crypto.com CEO Kris Marszalek defended the decision, stating that the reissuance was necessary for aggressive investment in light of political shifts in the U.S.

He claimed the original burn was a defensive strategy, and the reissuance aligns with long-term growth plans.

🪂Airdrop Essentials🎁:

ChainPro Potential Airdrop Guide

ChainPro is a hedge fund-grade trading terminal designed for onchain traders who value security, speed, and advanced tools. It offers real-time data, multi-wallet support, and biometric protection—all accessible on web and mobile (iOS & Android).

Live on Solana, Base, Ethereum, and more, ChainPro provides non-custodial trading with Trusted Execution Environments (TEEs) for top-tier security. It’s built for pro traders to discover tokens, manage portfolios, and track watchlists.

📢 Potential Airdrop Alert! Trying out ChainPro might make you eligible for a future airdrop (though not guaranteed).

👉 Read the full guide here: [ChainPro Potential Airdrop Guide]

Today’s Sponsor:

Crypto tax reports in under 20 minutes!

Koinly calculates your cryptocurrency taxes and helps you reduce them for next year. Simple & Reliable.

• Available in 20+ countries

• Free report preview

• Form 8949 & Schedule D

• TurboTax & TaxAct

• HMRC / ATO / CRA Report

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

Binance Insider Trading [Source][Source]

Binance has suspended an employee for allegedly using insider information to profit from an upcoming token launch.

The staff member, formerly in Binance’s business development team, purchased large amounts of a token before its Token Generation Event (TGE) and later sold part of his holdings for significant gains.

The incident, flagged by crypto users on X, allegedly involved the UUU (U DEX Platform) token, which saw a price crash after the sell-off.

💡 Feature of the Day: 

Circle Brings USDC to Japan [Source][Source][Source][Source]

Circle is set to launch its USDC stablecoin in Japan through SBI VC Trade, making it the first officially approved stablecoin in the country.

The listing on March 26 follows regulatory approval under Japan’s revised stablecoin laws, which require compliance with banking and settlement regulations.

Other exchanges, including Binance Japan, bitbank, and bitFlyer, are expected to follow.

Circle CEO Jeremy Allaire emphasized that Japan presents significant opportunities for stablecoin adoption beyond crypto trading, including cross-border payments, FX, and commerce.

😂 Crypto Meme of the Day: 

Meme of the day provided by @Anthony Allen

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com