Ugh, I just found out that Bitcoin Depot got hit with a $3.7M hack in BTC recently. On March 23, they detected unauthorized access; the attackers took 50.9 bitcoin from its systems. The company says it quickly activated emergency protocols and that insurance could cover part of it, but it’s still a strong blow. The good news is that customer data remained intact.

Meanwhile, the Ethereum Foundation is selling ETH to fund research and scholarships. They converted 5,000 ethereum into stablecoins, and they’ve already sold 3,750 ETH valued at $8.3M. Ethereum fell to $2,179 because of this, but looking at the full week, it’s still up. The price is now around $2.33K based on the latest data.

What really surprised me was the boom of Wrapped Ethereum (WETH). Santiment reported that on Wednesday, 32,000 new wallets were created in a single day—16 times higher than normal. Active addresses also surged. It seems like there’s a lot of movement behind the scenes despite the volatility.

Additionally, Canary Capital filed an application for a PEPE spot ETF. The fund would be held in custody, with up to 5% in ethereum for costs. The strange part is that 10 wallets control 41% of the token, so there’s quite a bit of risk concentration there.

And, well, the Satoshi drama has also resurfaced. Michael Saylor rejected Adam Back as Satoshi, saying that stylistic analysis isn’t enough proof. Adam Back also denied it on X, clarifying that he was only an early user because he’s been in cryptography and privacy for years. Satoshi’s identity still remains the biggest mystery in bitcoin—what do you think?