Archives par catégorie: Flash News

Major stablecoin issuer, Tether, invested 10 million euros ($10.8 million) in Italian media company Be Water. According to a March 27 announcement, Tether acquired a 30.4% stake in Rome-based Media Water. Tether CEO Paolo Ardoino said the company recognized “the importance of independent media in shaping informed societies.” “Our investment in Be Water aligns with […]

Update March 27, 12:20 pm UTC: This article has been updated to add comments from San FranTokyo head David Taing and Moca Network project lead Kenneth Shek. Sony’s Soneium blockchain partnered with Animoca Brands to boost anime culture in Web3 by integrating anime artwork in decentralized digital identities.  On March 27, the companies announced a […]

European banks and financial institutions may be significantly underestimating the demand for cryptocurrency services, with fewer than one in five offering digital asset products, according to a new survey by crypto investment platform Bitpanda. The study, which surveyed 10,000 retail and business investors across 13 European countries, found that more than 40% of business investors […]

South Korea’s Ethics Commission revealed that high-ranking public officials in the country hold an average of 35.1 million won ($24,000) in crypto assets.  On March 27, the country’s Ethics Commission for Government Officials reportedly disclosed that more than 20% of the surveyed public officials hold 14.4 billion won ($9.8 million) in crypto. This means 411 […]

A crypto whale who allegedly manipulated the prize of the Jelly my Jelly (JELLY) memecoin on decentralized exchange Hyperliquid still holds nearly $2 million worth of the token, according to blockchain analysts. The unidentified whale made at least $6.26 million in profit by exploiting the liquidation parameters on Hyperliquid. According to a postmortem report by […]

A South Korean court temporarily lifted the partial business suspension on crypto exchange Upbit that had prohibited the trading platform from servicing new clients for three months.  On Feb. 25, South Korea’s Financial Intelligence Unit (FIU) sanctioned the exchange, imposing a three-month ban on deposits and withdrawals for new clients. The FIU previously said the […]

BItcoin (BTC) retains a $138,000 price target for 2025 as the market recovers from US trade tariffs, new analysis concludes. Data covering bets on prediction service Polymarket suggests that BTC/USD could still gain around 60% from current levels this year. “Conservative” Polymarket users cap BTC price upside at 60% Bitcoin bull market projections have taken […]

Opinion by: Marc Boiron, chief executive officer of Polygon Labs Decentralized finance (DeFi) needs a reality check. Protocols have chased growth through token emissions that promise eye-popping annual percentage yields (APYs) for years, only to watch liquidity evaporate when incentives dry up. The current state of DeFi is too driven by mercenary capital, which is […]

Solana Ghibli-inspired memecoins are surging in popularity as ChatGPT users have flooded social media with Studio Ghibli-inspired images over the past 24 hours. On March 25, OpenAI launched image generation for its ChatGPT-4o mode, leading users to splash images across social media style in the art style of Studio Ghibli — known for its anime […]

Trading platform Robinhood Markets plans to offer a service that delivers cash to its customers alongside an artificial intelligence research assistant that offers trading advice. The company said in a March 27 blog post that its online banking arm, Robinhood Banking, will offer savings accounts to its Gold subscribers through its partner Coastal Community Bank […]

OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress. The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person […]

A coalition of crypto firms has urged Congress to press the Department of Justice to amend an “unprecedented and overly expansive” interpretation of laws that were used to charge the developers of the crypto mixer Tornado Cash. A March 26 letter signed by 34 crypto companies and advocate groups sent to the Senate Banking Committee, […]

France-based The Blockchain Group has added another 580 Bitcoin to its Bitcoin treasury, following a 225% surge in its stock price since it began hoarding Bitcoin in November. This is the largest of the three Bitcoin purchases made by the organization, per a March 26 after-hours statement. At the time of publication, 580 Bitcoin is […]

The trader behind recent “suspicious market activity” on Hyperliquid that led to the freeze and delisting of the Jelly my Jelly (JELLY) memecoin is potentially down almost $1 million from their actions.  Blockchain analytics firm Arkham Intelligence said in a March 26 post to X that the trader attempted to manipulate the system to profit […]

Nearly 58% of Argentinians said they don’t trust President Javier Milei following his involvement in the $4.6 billion Libra crypto scandal, according to a recent poll.  “More than a month after the crypto fraud scandal broke out, how much do you trust Milei today?” polling platform Zuban Córdoba asked 1,600 respondents in its recently released […]

The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head to US President Donald Trump’s desk. On March 26, the Senate voted 70-28 to pass a motion repealing the so-called IRS DeFi broker rule that […]

US Securities and Exchange Commission (SEC) member Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views.   Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC’s crypto task force, said she expected that the commission could create more “durability” for digital asset […]

Wyoming Governor Mark Gordon said the state’s proposed stablecoin might be ready to launch by July, with the Wyoming Stable Token Commission announcing interoperability protocol LayerZero as a partner for the token launch. Speaking at the DC Blockchain Summit on March 26, Gordon praised the speed and efficiency of the Wyoming state government in embracing […]

GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion convertible notes offering. The convertible senior notes — debt that can later be converted into equity — […]

Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0.” On March 26, Hyperliquid, a blockchain network specializing in trading, said it delisted perpetual futures contracts for the JELLY token and would reimburse users after […]