Strategy acquires $200M Bitcoin, Anchorage reports USAT reserves, Kazakhstan allocates $350M for crypto portfolio | Weekly recap

In this week’s edition of the weekly recap, Strategy disclosed its third-largest Bitcoin purchase of the year, adding $200 million worth of the asset to reach approximately 720,750 total holdings.

Summary

• Strategy bought $200M in Bitcoin, raising holdings to about 720,750 BTC.
• Deloitte verified USAT reserves in the stablecoin’s first attestation.
• Kazakhstan plans a $350M crypto allocation from national reserves

Additionally, Anchorage Digital engaged Deloitte for USAT’s first attestation report linking Big Four accounting with Tether’s regulated U.S. stablecoin efforts, and Kazakhstan’s central bank confirmed plans to allocate up to $350 million from its reserves for cryptocurrency investments.

Strategy maintains aggressive Bitcoin accumulation

• The treasury company revealed Monday its third-largest Bitcoin acquisition of 2026, purchasing $200 million worth of the cryptocurrency to expand holdings to roughly 720,750 Bitcoin.
• This purchase continues Strategy’s systematic accumulation pattern despite Bitcoin trading near levels around $67,000.

Deloitte provides USAT stablecoin attestation

• Anchorage Digital selected the Big Four accounting firm for USAT’s first attestation report.
• The report confirmed USAT’s reserves were valued in excess of the stablecoin’s circulating supply, providing third-party verification of backing claims.

Kazakhstan shifts reserves toward digital assets

• The nation’s central bank confirmed plans to allocate up to $350 million from its approximately $69 billion stockpile of gold and foreign exchange reserves to build a crypto-focused portfolio according to Reuters reporting.
• The allocation is one of the largest sovereign reserve diversifications into cryptocurrency announced by a national central bank.

Curve Finance alleges PancakeSwap code copying

• The decentralized exchange publicly accused PancakeSwap of reproducing portions of its code without authorization through March 6 posts on X.
• Curve claimed PancakeSwap used code from its StableSwap implementation without adhering to license terms governing usage permissions.

Binance denies Iran transaction facilitation

• The exchange rejected March 6 allegations that its platform aided transactions linked to Iranian entities and responded to a letter from Richard Blumenthal regarding sanctions compliance and anti-money laundering controls.
• The response addresses concerns about whether Binance’s infrastructure may have inadvertently processed transactions violating international sanctions regimes.

Justin Sun settles SEC fraud allegations

• The crypto entrepreneur secured a $10 million settlement in a multi-year Securities and Exchange Commission lawsuit that accused him of fraud and securities violations.

iPhone exploit kit targets crypto users

• Cybersecurity researchers warned that a powerful iPhone exploit framework is increasingly used in cybercrime campaigns targeting cryptocurrency holders.
• Google’s Threat Intelligence Group reported the “Coruna” exploit kit contains five full iOS exploit chains and 23 vulnerabilities capable of compromising iPhones running operating systems between iOS 13 and iOS 17.2.1.

X penalizes undisclosed AI war content

• Head of Product Nikita Bier announced revisions to creator revenue-sharing policies, imposing penalties on users posting AI-generated armed conflict videos without clear disclosure.
• Effective immediately, creators sharing AI-generated war-related videos without labeling them as synthetic will be suspended from the revenue-sharing program for 90 days.

Federal judge dismisses Uniswap liability lawsuit

• A long-running lawsuit alleging Uniswap Labs was responsible for scam tokens and rug pulls traded on its decentralized exchange protocol ended Monday after a federal judge dismissed the claims.
• The dismissal resolves allegations that the protocol developer bore liability for fraudulent tokens listed by third parties on its permissionless platform.