US court gives Three Arrows nod to increase its FTX claim to $1.53B
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX’s…
Texas court issues judgment against Bancor DAO after it ignored summons
A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor DAO did…
Association seeks to overturn Arkansas law aimed at foreign crypto miners
The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among…
Court says Bitcoin mining host can’t block tenant access to its rigs
A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s…
Democrat lawmaker urges Treasury to cease Trump’s Bitcoin reserve plans
A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not…
Solana proposal to cut inflation rate by up to 80% fails to pass
A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process.“Even though our proposal was technically defeated by the vote…
Vermont follows SEC’s lead, drops staking legal action against Coinbase
US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service.Vermont’s Department of Financial Regulation said in a March 13…
Ethereum pushes back Pectra upgrade to conduct third testnet ‘Hoodi’
Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the first two testnets encountered several bugs.The Hoodi testnet will…
Solana CME futures tip impending US ETF approvals — Exec
The upcoming launch of Solana (SOL) futures on the Chicago Mercantile Exchange (CME), a US derivatives exchange, signals that the first US SOL exchange-traded fund (ETF) listings are coming soon, Chris Chung, founder of Solana-based swap platform…
DOGE proposes slashing Internal Revenue Service staff by 20%
The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce by 20% in a change expected to take effect by May 15, 2025.According to CNN, the cuts would impact an estimated…
L2 gaming activity spikes in February, but wallets decline — Report
Gaming activity on some layer-2 blockchains rose by over 20,000% in February 2025 while the number of daily unique active wallets (dUAWs) dropped, according to a report by DappRadar. Abstract, an Ethereum layer-2 blockchain developed by Igloo, the…
Hyperliquid ups margin requirements after $4 million liquidation loss
Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether (ETH) liquidation, the network said. On March 12, a trader…
AML Bitcoin creator convicted of wire fraud, money laundering
The founder of a cryptocurrency exchange whose namesake was tied to Anti-Money Laundering (AML) was found guilty of wire fraud and money laundering in a California court.In a March 12 trial in the US District Court for the Northern District of…
DigiFT launches Invesco private credit token on Arbitrum
Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets.According to a…
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote.None of the amendments proposed by Senator Elizabeth Warren made it into the bill…
Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost
Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17…
Banks push to block stablecoin legislation over market share fears
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share.According to…
Circle plans to bring $900M money market fund under DABA license
Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA)…
Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood’s latest effort to expand its crypto offerings…
MoonPay acquires API stablecoin infrastructure platform Iron
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13…
Changpeng Zhao denies reports of a Binance.US deal, defends Trump
Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump.In a March 13 X post following the release…
Solana price bottom below $100? Death cross hints at 30% drop
Solana (SOL) price completed a “death cross” on the one-day chart on March 12, as the altcoin consolidated near its long-term support level at $125. This could potentially accelerate the SOL price sell-off in the near term for a drop…
ETH falling by 20% may trigger $336M in DeFi liquidations — Web3 exec
If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform…
75% of VASPs registered in the EU will not be able to comply with MiCA
Opinion by: Slava Demchuk, co-founder and CEO of AMLBotAll virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do…
Bitcoin price drops 2% as falling inflation boosts US trade war fears
Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewGood news is bad news? Bitcoin follows stocks lowerData from Cointelegraph Markets…
Addressable introduces cost per wallet metric for Web3 marketing
Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses.The company claims CPW provides a more precise measure of…
US-Canada tariff flip-flops have Bitcoin miners on their toes
Bitcoin miners are adapting their business strategies as the continued trade war between the US and Canada makes energy prices and policies all the more uncertain.US President Donald Trump threatened to double his tariffs on steel and aluminum from…
Trump family held talks with Binance for stake in crypto exchange — Report
Representatives of US President Donald Trump’s family have reportedly held talks with Binance about acquiring a stake in the crypto exchange.Binance reached out to Trump’s family representatives in 2024, offering to strike a deal as…
Web3’s UX problem — and how to fix it, feat. Ponder One
The latest episode of Hashing It Out dives into one of Web3’s most persistent challenges: usability. Host Elisha Owusu Akyaw speaks with Moe El-Shibib and Selim Sezgin, co-founders of Ponder One, about the hurdles preventing mainstream…
US Bitcoin ETFs break outflow streak with $13.3M inflow
Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000.As of March 12, spot Bitcoin…
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