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LIBRA memecoin orchestrators named as defendants in US class-action suit

Update March 18, 6:42am: This article has been updated to reflect that Cointelegraph reached out to KIP Protocol and Meteora.The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit…

Solana deletes ‘cringe’ ad criticized for being ‘tone deaf’ on gender issues

The team behind blockchain network Solana has deleted a controversial advertisement posted on its X account after immense backlash over political messaging around gender identity.The more than two-and-a-half-minute ad for the Solana Accelerate…

SEC could axe proposed Biden-era crypto custody rule, says acting chief

The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.In prepared…

Hyperliquid opened doors to ‘democratized’ crypto whale hunting: Analyst

Crypto whale tracking on the Hyperliquid blockchain has enabled traders to target whales with prominent leveraged positions in a “democratized” attempt to liquidate them, according to the head of 10x Research.Hyperliquid, a blockchain…

Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17…

Bitcoin price fails to go parabolic as the US Dollar Index (DXY) falls — Why?

Bitcoin (BTC) has fallen 12% since March 2, when it nearly reached $94,000. Interestingly, during the same period, the US dollar weakened against a basket of foreign currencies, which is usually seen as a positive sign for scarce assets like BTC…