TL;DR Wall Street has changed its stance towards cryptocurrencies, driven by the support of the Trump administration and the willingness of major financial institutions. Trump has confirmed the creation of a strategic Bitcoin reserve, which has contributed to its acceptance within the traditional financial system.
A White House memo revealed that David Sacks, President Trump's AI and Crypto czar, sold over $200 million in digital asset-related investments.
A Delaware bankruptcy court allowed Three Arrows Capital to dramatically expand its claim against FTX, further complicating creditor payouts.
Brazil is spearheading a blockchain initiative within BRICS to improve cross-border trade efficiency. Moving away from common currency plans, the initiative prioritizes speed, transparency, and regulatory oversight, with projects like Drex and Pix shaping Brazil's digital payment landscape. The post Brazil to Explore Blockchain for BRICS Cross-Border Trade: Report appeared first on Cryptonews.
Other investors RedotPay's Series A round included HSG, DST Global Partners, Accel and Vertex Ventures, according to a statement.
The craze for memecoins on the Pump.fun platform is drastically fading. The survival rate of tokens has fallen below 1% for four consecutive weeks, reflecting a growing disinterest from investors in this type of speculative asset.
US President Trump's outspoken acceptance of near-term economic hardship has placed risk assets—including Bitcoin (BTC) and the broader crypto market—under mounting pressure. According to a thread by The Kobeissi Letter on X, President Trump's strategy revolves around tolerating significant “short term pain” in order to drive down inflation and facilitate the refinancing of over $9 trillion in US debt.
LayerAI's surge has been driven by rising Open Interest, on-chain activity, and significant short liquidations.
Argentina's securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions. The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No.
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.
The growing stablecoin supply suggests increased market liquidity and potential for continued crypto market expansion and trading activity. The post Rising stablecoin supply signals crypto's bull run isn't over yet appeared first on Crypto Briefing.
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.
Citi's Global Head of Digital Assets, Ryan Rugg, reveals how the banking giant is already moving millions in real value through tokenized deposits on a private version of Ethereum, bringing 24/7 infrastructure to enterprise clients across global markets. In this interview, Rugg also discusses the regulatory hurdles that must be overcome before connecting to public blockchains.
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.
RedotPay raised $40 million in a Series A funding round to expand the capabilities and reach of its cryptocurrency payment platform.
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.