The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate to consider. Senator Bill Hagerty authored the bill, which received the backing of all Republican members of the Committee and Democratic Senators Mark Warner, Andy Kim, Lisa Blunt Rochester, Ruben Gallego, and Angela …
Monthly archives: March 2025
Aave Labs Introduces Compliance-Friendly DeFi Platform for Institutional Investors
Aave Labs launched the Horizon initiative on Thursday targeting institutional investors with products centered on tokenized real-world assets (RWAs) to bridge decentralized finance (DeFi) and traditional financial systems. Horizon Initiative Launches to Expand DeFi Access for Institutional Investors The initiative aims to integrate institutional capital into DeFi by tokenizing assets such as securities, bonds, and …
Hyperliquid Mandates 20% Margin Requirement Following System Stress Test
Hyperliquid, the decentralized exchange (DEX) surpassing $1 trillion in lifetime trading volume, will enforce a 20% margin ratio requirement on fund transfers starting March 15 to bolster its risk management framework. Hyperliquid DEX Tightens Margin Rules The update follows a March 12 incident where a trader’s highly leveraged ethereum position triggered a $4 million loss …
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Hashnote’s USYC Fund to Operate Under Circle’s Bermuda Regulatory Framework
Circle Internet Group plans to integrate Hashnote’s $1 billion tokenized money market fund under its Bermuda digital asset license, aiming to expand USYC’s utility alongside its USDC stablecoin. Stablecoin Giant Circle Expands License to Cover $1B Tokenized Fund Circle Internet Group, Inc. intends to bring Hashnote’s Tokenized Money Market Fund (TMMF) under its existing Digital …
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Global Voices Advocate for Roger Ver, Citing His Impactful Philanthropy
As bitcoin pioneer Roger Ver battles extradition to the U.S. over tax-related charges, associates globally are spotlighting his anonymous philanthropy, from disaster relief to empowering underserved communities. A Beacon of Generosity: Supporters Highlight Roger Ver’s Global Philanthropic Legacy Roger Ver, the cryptocurrency advocate also known as “Bitcoin Jesus,” faces a potential 100-year prison sentence if …
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New Meme Coin MEMEX Raises $4M in Presale With 18 Days Until Launch
This content is provided by a sponsor. Meme Index (MEMEX) just broke the $4 million mark in its presale, creating massive buzz among early adopters. The new meme coin index platform is heading toward its highly-anticipated launch in just 18 days – with traders scrambling to get their hands on MEMEX tokens before they hit …
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Libra Update: Interpol Red Notice Request Arises While Funds Remain in Motion
Local media reported that Hayden David, who was involved in the creation of Libra, the utility coin shared by President Javier Milei of Argentina, might be subject to an Interpol request in the future. Meanwhile, Libra’s funds have been moving and cashed out for dollars. Libra Co-Founder Might Face Interpol Red Notice Request From Argentina …
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Bitdeer’s Bitcoin Mining Chip Achieves 9.7 J/TH Efficiency, A3 Mass Production Slated for Late 2025
Bitdeer Technologies Group announced its SEAL03 wafer achieved a record 9.7 joules per terahash (J/TH) efficiency during testing, while confirming plans to begin mass-producing its Sealminer A3 mining rigs in late 2025. With 9.7 J/TH Milestone, Bitdeer Advances Sealminer A3 Toward 2025 Rollout The SEAL03 chip, designed for Bitdeer’s next-generation Sealminer A3 machines, demonstrated its …
Crypto Trader Says Bitcoin Could Go Much Lower if Vital Support Level Crumbles, Maps Path Forward for Aptos
A widely followed crypto analyst is warning that Bitcoin (BTC) may plummet in value if one key support level breaks down. In a new post, pseudonymous crypto trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that Bitcoin may revisit the $60,000 range if BTC loses $78,000 as support. However, he …
Potential Bullish Move Incoming as One Metric That Tracks Crypto Traders’ Activity Flashes Green: Santiment
New data from the market intelligence platform Santiment suggests that the digital assets industry may be poised for a bullish move. In a new thread on the social media platform X, Santiment says that historically, when stablecoins activity rises when crypto prices are low, investors are ready to start accumulating assets. “Tether’s on-chain activity has …
DOGE proposes slashing Internal Revenue Service staff by 20%
According to Elon Musk, DOGE has already identified over $500 billion in fraudulent spending in entitlement programs. 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 …
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L2 gaming activity spikes in February, but wallets decline — Report
The number of unique active wallets dropped 16% MoM as traders turned to decentralized finance due to market uncertainty. 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 …
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Changpeng Zhao denies reports of a Binance.US deal, defends Trump
The former Binance CEO served four months in prison in 2024 as part of a plea deal with US authorities and the crypto exchange. 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 …
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Solana price bottom below $100? Death cross hints at 30% drop
Solana price could drop as low as $80 if the bulls fail to defend the last support level between $125 and $110, following its “death cross” on the charts. 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 …
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$1,500,000,000,000 Asset Manager Franklin Templeton Files for XRP ETF
The asset management titan Franklin Templeton hopes to launch an exchange-traded fund (ETF) that will track the price of the fourth-largest cryptocurrency by market cap. On Tuesday, the financial services firm with $1.5 trillion in assets under management (AUM) submitted an S-1 registration to the U.S. Securities & Exchange Commission (SEC) to launch the Franklin …
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