The stablecoin bill sponsored by Senator Bill Hagerty (R-TN) is moving to the next stage of the legislative process after securing support from the Senate Banking Committee with a bipartisan 18-6 vote. The Guiding and Establishing National Innovation for U.S.
TL;DR Bitcoin and Ethereum lead the surge as inflation fears hit traditional markets, highlighting the value of cryptocurrencies as financial safe havens. Consumer confidence dropped to its lowest level in two years, while inflation fear reached its highest point in 32 years, driven by tariffs and uncertain economic policies.
TL;dR A bankruptcy court in the U.S. approved the expansion of Three Arrows Capital's (3AC) claim against FTX, increasing the amount from $120 million to $1.53 billion. Judge John Dorsey dismissed FTX's objections, considering that 3AC's liquidators provided sufficient evidence and gave proper notice regarding the claim.
Based on whispers from unnamed insiders quoted by Reuters, Russia is reportedly turning to bitcoin, ether, and stablecoins as tools in its oil trade with China and India. These insiders, described as having “direct knowledge of the matter,” opted to stay in the shadows, citing the delicate nature of the topic.
A US bankruptcy court has ruled in favor of Three Arrows Capital (3AC), allowing the failed crypto hedge fund to increase its claim against the collapsed exchange FTX to $1.53 billion. This decision significantly raises the initial $120 million claim sought by 3AC's liquidators.
Bolivia's state-owned energy firm YPFB is planning to use cryptocurrency to pay for energy imports, according to a March 13 report from Reuters. The move comes as the South American nation faces a shortage of foreign currency reserves and a dwindling supply of domestic gas production.A spokesperson for YPFB said that a system had been put in place to use cryptocurrency to purchase energy imports after the government approved the use of digital assets to meet the country's demand.
World Liberty Financial Reportedly Considering Partnership With Binance, CZ Denies
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BRICS explores blockchain and crypto to reduce reliance on the US dollar in trade. Brazil leads a blockchain-based payment initiative, while Russia already uses crypto for transactions.
Russia is relying on crypto in its oil trade with China and India to navigate Western sanctions.
The initial contrast between the rules-based approach to cryptocurrency in the European Union and the enforcement-driven strategy in the United States was once thought to shape the global crypto industry's trajectory. Now that President Donald Trump is in office, having promised to make America the crypto capital of the world, the dynamic is different.
Thomas John “T.J. Stone” Sfraga was sentenced in federal court for scamming real estate and crypto investors through a business inspired by the 90s TV show Seinfeld.
SEC Commissioner Hester Peirce joins CoinDesk with the latest updates on the crypto task force initiated under President Donald Trump's resumed presidency. Plus, the significance of a transparent, rule-based approach to crypto regulation in the U.S. This content should not be construed or relied upon as investment advice.
Concerns about privacy: the response of the crypto industry
This surge, fueled by government investment and progressive policies, positions Hong Kong as a leading fintech hub in Asia. The post Hong Kong Blockchain Sector Surges 250% Since 2022: Report appeared first on Cryptonews.
Trump family reportedly in talks to acquire stake in Binance US, raising conflict of interest concerns.
Richard Teng, the chief executive officer (CEO) at Binance crypto giant, the successor of Changpeng Zhao (CZ), who took over from CZ in late 2023 on this crucial managerial position, has taken to his X account to publish an important statement.
TL;DR Less than 1% of memecoins on Pump.fun manage to “graduate” and become tradeable assets on Solana's DEX. The volume of token creation on the platform has plummeted, further reducing the survival rate of these cryptocurrencies.
A model followed by Iran and Venezuela
A new report from 10x Research suggests it's too early to buy a dip, as Bitcoin is heading to around $73,000 soon.
Russia trades oil with China & India using crypto to bypass sanctions. Crypto intermediaries convert yuan & rupees into roubles for payments.
The web3 infrastructure provider MoonPay just announced its acquisition of the stablecoin infrastructure developer Iron just months after purchasing crypto payments platform Helio. In a statement, MoonPay says its new acquisition significantly expands its offerings with solutions that allow businesses to manage multi-currency treasuries, facilitate instant cross-border payments and generate new revenue through yield-bearing assets.
The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi.On March 12, the House of Representatives voted to nullify a rule that required DeFi protocols to report gross proceeds from crypto sales, as well as info on taxpayers involved, to the Internal Revenue Service (IRS). The rule, which the IRS issued in December 2024 and wasn't set to take effect until 2027, was regarded by major industry lobby groups as burdensome and beyond the agency's authority.
Digital Chamber President Cody Carbone unpacks DC's rapid tone shift towards crypto following Trump's re-election.
With Lightspeed at the helm, RedotPay has closed a $40M Series A funding, fueling its mission to create a borderless payment ecosystem that unites crypto and fiat. HSG, Galaxy Ventures, and other notable investors such as DST Global Partners provided further backing.
Trezor has resolved a security flaw in its Safe 3 and Safe 5 hardware wallets following a disclosure by rival Ledger, which uncovered a way to bypass some of Trezor's existing countermeasures against supply chain attacks.
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OKX celebrated a major milestone at Fort Manoel in Malta, announcing its full MiCA license and plans to expand compliant crypto trading across Europe.
Crypto perpetuals trading surged to $58.5 trillion in 2024, doubling from 2023, while Binance's market share declined from 43% to 34% amidst rising competition. The post Crypto Perpetuals Trading Doubles to $58.5T in 2024 While Binance's Market Share Declines 20% appeared first on Cryptonews.
While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.
MoonPay has received a Money Transmitter License from the Wisconsin Department of Financial Institutions. This license allows the company to expand its services in the state, according to a press release shared with crypto.news.
The company announced today that it has been issued a limited license by Dubai's Virtual Assets Regulatory Authority (VARA). This approval extends Crypto.com's existing Virtual Asset Service Provider (VASP) license, allowing it to offer derivatives in the UAE.
The cryptocurrency market has faced a significant downturn since the start of 2025, with some investors calling it the most painful cycle in history.Some were disappointed about industry policy changes and the memecoin craze in the United States, while others even speculated about talent leaving the sector for other industries. However, while the current crypto market state might look grim to some, the current cycle is far from being the most brutal on record, and many community members remain bullish.
Almost a third of Russian banks face technological hurdles in their preparation for the digital ruble, according to a new report by Russian news outlet Vedomosti.
Unciphered is facing internal upheaval following revelations that one of its secret co-founders, Morgan Marquis-Boire, has been publicly accused of repeated sexual assaults. The post Crypto Password-Cracking Firm Unciphered in Turmoil Over Co-Founder's Controversial Past appeared first on Cryptonews.
The meme coin market on Pump.fun is struggling, with its "graduation rate" remaining below 1% for four consecutive weeks.
Changpeng Zhao (CZ), the founder and former CEO of Binance, the world's largest cryptocurrency exchange, has publicly refuted claims regarding potential investment discussions involving the Trump family and Binance's American operations.
The ongoing crypto crash is staring at a new risk as the blue-chip Nasdaq 100 index nears the dreaded death cross. There is a risk that the stock market would continue falling if this cross happens, dragging the crypto market with it.
The crypto market could be poised for a spike in volatility after the price of gold surged to an all-time high past $3,000. This rise coincides with economic uncertainties and a notable decline in the value of the US dollar.
RedotPay, a Hong Kong-based crypto payment platform, has raised $40 million in a Series A funding round, led by Lightspeed and joined by HSG and Galaxy Ventures.
As Binance seeks renewed U.S. foothold following its $4.3 billion settlement and leadership shake-up, the Trump family is exploring a potential investment in the American arm of the embattled crypto exchange.
Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.Hong Kong is home to over 1,100 fintech companies, which include 175 blockchain application or software firms and 111 digital asset and cryptocurrency companies, marking a 250% and 30% increase, respectively, since 2022, according to the Hong Kong Fintech Ecosystem report by InvestHK, a government department overseeing Foreign Direct Investments. Participants of the Hong Kong Fintech Ecosystem.
The Pell Network has officially announced the opening of its highly anticipated airdrop claim, which commenced on March 13, 2025, at 9 a.m. UTC.
Hong Kong-based crypto payment platform RedotPay has successfully closed a $40 million Series A funding round, led by Lightspeed with contributions from HSG and Galaxy Ventures.
Nemesis Darknet Marketplace: US Sanctions 49 Crypto Wallets
Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC's downfall was solely market-driven.Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades turned sour.
Russia is reportedly utilizing cryptocurrency and stablecoins in its oil trade with China and India to skirt sanctions from Western countries. Russia publicly encouraged the use of cryptocurrencies and passed a law allowing digital currencies last year.