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.

2021 is where everyone was talking about NFTs and it seemed like the next big thing. Fast forward to 2025 and people are speculating on whether NFTs can ever reclaim their past glory.

Crypto venture funding in the U.S. reached $861 million in Q1 2025, but artificial intelligence (AI) dominated with nearly $20 billion, according to Pitchbook. Investors closed 795 AI deals from January to March, with major rounds like Databricks $15.3 billion raise and Anthropics $2 billion funding grabbing headlines.

Silo, a non-custodial decentralized finance marketplace, announced Friday morning the launch of its V2 protocol on Sonic, a high-performance Layer 1 network. This means users on Sonic can now tap into lending markets where risks are kept separate.

Crypto.com has received a limited license from Dubai's Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai's VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.

Buterin warned that a centralized AI system could lead to disastrous consequences. A small group of individuals or governments could have the power to oppress billions of people.

In the cryptocurrency market, volatility and uncertainty are the norm. Recently, the overall market has been on a downward trend.

Brazil seems to favor blockchain for BRICS cross-border trade, moving away from talk of a joint currency.

The U.S. Bankruptcy Court approved 3AC's expanded $1.53 billion claim against FTX. FTX debtors objected, but the court dismissed their claims as invalid.

Vermont has officially withdrawn its legal action against Coinbase, which accused the crypto exchange of offering unregistered securities through its staking program. In a court filing on March 13, Vermont's Department of Financial Regulation stated that the decision aligns with a similar move by the US Securities and Exchange Commission (SEC).

Crypto represents a small but growing part of Russia's $192 billion oil trade, with companies using BTC, ETH and USDT, the sources said.

Changpeng Zhao, widely known within the crypto community as CZ, a co-founder of Binance and its former CEO, who was forced to resign over the clash with the US authorities, has published a tweet, revealing some interesting details of the book he has been writing.

A bill aimed at regulating stablecoins, known as the GENIUS Act , has cleared a major hurdle in the US Senate.

Orbiter Finance has surged over 50% in the past 24 hours with the 24-hour trading volume of over $108 million, up by 87%, buoyed by the Bithumb's listing announcement. Orbiter Finance (OBT) is up 75% today.

The memecoin frenzy on Pump.fun is hitting a wall, with the platform's “graduation rate” sinking below 1% for the fourth straight week.“Graduation rate” is the memecoin launchpad's term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX).

Changpeng Zhao (CZ), the founder of Binance, is reportedly seeking a presidential pardon from Donald Trump, despite having already completed a four-month prison sentence, according to sources cited by the Wall Street Journal.

The Senate Banking Committee advances Stablecoin Bill, pushing for clearer stablecoin regulations and stronger consumer protections in the U.S.

The crypto space must remain free of hype and maintain its focus on informed decision-making

Matrixport analysts reveal that the memecoin market still has not recovered from the previous crypto market crash despite global liquidity on the rise.

A recent report alleges that the Trump Family has been in talks to take a stake in crypto exchange Binance's US arm, which could facilitate the company's return to the country. Simultaneously, the exchange's co-founder, Changpeng Zhao, also known as “CZ,” has allegedly been “pushing” for a pardon from the Trump administration.

Vermont's financial regulator has dropped its legal action against Coinbase over its staking service, following the SEC's decision to dismiss its case.

Crypto perpetuals neared $59 trillion in 2024, but Binance's share dropped 20% in December. Crypto perpetuals had a record-breaking year in 2024, with trading volumes soaring past expectations as the top 10 centralized exchanges hit $58.

A US bankruptcy court ruled in favor of Three Arrows Capital, allowing its liquidators to increase their claim against FTX from $120 million to $1.53 billion.

In a strategic move to enhance its enterprise payment solutions, crypto payments company Moonpay has acquired Iron, a startup specializing in stablecoin infrastructure, for at least $100 million. This acquisition, announced on March 13, 2025, marks Moonpay's second significant purchase this year, following its acquisition of Helio in January.

Reports suggest Trump's family is exploring the possibility of acquiring a stake in Binance.US through their DeFi project World Liberty Financial. However, Zhao denied this completely.

Vermont has decided to withdraw its legal action against Coinbase over its staking services following the US Securities and Exchange Commission (SEC) decision to drop a similar case.

BlackRock's USD Institutional Digital Liquidity Fund, known on-chain as BUIDL, reached $1 billion in tokenized assets as of March 2025, per data from rwa.xyz. On March 13, the fund minted over $206 million in new tokens as liquidity continues to flow into the fund.

Hong Kong-based crypto payment platform RedotPay has closed a $40 million Series A funding round led by Lightspeed, with participation from HSG and Galaxy Ventures.RedotPay aims to enable cryptocurrency use in everyday transactions while simplifying blockchain transactions for spenders, akin to fiat. In November 2023, the company launched its own physical Visa cards, which can be used for ATM cash withdrawals, along with a virtual card that supports digital payment services like Apple Pay and Google Pay.

US Bankruptcy Court approved Three Arrows Capital's request to increase their claim against FTX from $120 million to $1.53 billion

In a rapidly evolving world, few innovations have captured the imagination and transformative potential of people like blockchain. For Alessio Vinassa, CEO of BlockTechGroup, this technology is more than just a breakthrough in digital transactions—it represents an opportunity to foster shared success, bridge gaps, and create a more inclusive future.

The state of Nebraska has introduced new legislation aimed at tightening regulations on cryptocurrency ATMs, a move designed to prevent fraud and enhance consumer protection. Governor Jim Pillen signed the LB609 bill into law, officially known as the ‘Controllable Electronic Record Fraud Prevention Act.

The state of security across the crypto and blockchain space has changed significantly in the past few months. Traditional smart contracts exploited or brute force attacks on blockchain networks are being superseded by crypto scams like rug pulls and pump-and-dump schemes.

The U.S. bankruptcy court in Delaware authorized Three Arrows Capital liquidators on March 13th to increase their claim against FTX to $1.53B.

Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant's plans for the organization.

The crypto market is undergoing a transitional phase, marked by Bitcoin consolidation and stagnation of altcoins. However, several technical indicators suggest that a trend reversal is on the horizon.

Wallet in Telegram, a third-party cryptocurrency wallet within Telegram, is set to roll out a new version of its wallet, adding 50 new tokens and introducing an "Earn" feature for users.

The Senate Banking Committee has approved the advancement of the GENIUS Act, a proposed law on the regulation of stablecoins.

A U.S. bankruptcy court has allowed the liquidators of the defunct crypto hedge fund Three Arrows Capital to substantially increase its claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion.

The digital ruble's rollout is facing challenges, with 30% of Russian banks unprepared due to outdated infrastructure and reluctance to comply with the central bank's CBDC plans.

Robinhood has added three new meme coins—Pengu (PENGU), Peanut the Squirrel (PNUT), and Popcat (POPCAT)—to its platform, confirming the listings on March 13.

Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in Brazil, filling the gap left by traditional institutions. The firm has built part of its business around this service offering, betting on the industry's future as Brazilians become more comfortable with crypto.

The ruling came despite FTX's argument that the motion to amend claims was untimely and would disrupt its reorganization plan.

Russia has increasingly turned to cryptocurrencies to facilitate its oil trade with China and India, allowing it to bypass Western sanctions. The post Russia Uses Crypto to Bypass Sanctions in Oil Trade with China, India: Report appeared first on Cryptonews.