Crypto payment platform RedotPay announced it has secured $40 million Series A funding led by Lightspeed.
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.
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.
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.
United States President Donald Trump appears to be intentionally crashing markets to address several economic issues, but will it benefit crypto?
Pump.fun announced the launch of its direct messaging (DM) and group messaging features on its mobile apps.
The United States Bankruptcy Court for the District of Delaware granted a motion allowing the joint liquidators of Three Arrows Capital (3AC) to amend their original proof of claim in the FTX bankruptcy proceedings. This increases their claims from $120 million to $1.53 billion.
After a slight recovery yesterday, the crypto market today has incurred some correction by the bears. This time, the business's market cap has taken a slight dip of 0.94% in the past 24 hours to $2.68 trillion. In the thick of these trends, the total volume has dropped by 10.15% to $90.36 billion.
The court's decision could significantly impact FTX's reorganization efforts and set a precedent for future bankruptcy claims in the crypto sector. The post 3AC wins court approval to expand FTX bankruptcy claim from $120 million to $1.5 billion appeared first on Crypto Briefing.
On Thursday, the US Bankruptcy court of Delaware granted permission to 3AC liquidators to boost FTX claim to $1.53 billion from $120 million. The post US Bankruptcy Court Grants 3AC Liquidators to Expand Claim Against FTX to $1.53B appeared first on Cryptonews.
Andrew Lunardi, Head of Growth at Immutable, expressed strong optimism about the cryptocurrency market, predicting a substantial rebound in the second half of 2025. The cryptocurrency market is currently experiencing a slump, with Bitcoin and Ethereum trading below $82k and $2k respectively.
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX's debtors' argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt to slow the bankruptcy proceedings. In a March 13 ruling in the US Bankruptcy Court for the District of Delaware, Dorsey opined that 3AC liquidators had provided sufficient notice of their claim and the possibility of amending it once they had analyzed all the available information.
Despite the crypto 'Trump bump' at the end of 2024, deal flow still favors Artificial Intelligence. But is there a new preference for AI over crypto?
Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia's state-owned energy corporation, has elected to utilize crypto as a payment method for fuel imports. The country is currently grappling with a shortage of US dollars and an ongoing fuel crisis, which has resulted in lengthy lines at gas stations.
Invest now in the best cryptos of 2025, with low prices and huge potential. Here are the top 3 altcoins to buy!
Crypto payment firm RedotPay has closed a $40 million Series A funding round, led by Lightspeed with key investments from HSG, Galaxy Ventures. The post RedotPay Raises $40M to Build Borderless Payment Ecosystem Bridging Crypto and Fiat appeared first on Cryptonews.
Former Binance CEO Changpeng "CZ" Zhao has denied claims from a Wall Street Journal report suggesting he sought a presidential pardon from Donald Trump.
The GENIUS Act is facing resistance from banking institutions and key lawmakers like Senator Elizabeth Warren, who argue that only regulated financial entities should issue stablecoins.
The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things.The complaint was made against Arkansas Attorney General Tim Griffin and the director of the Arkansas Oil and Gas Commission, Lawrence Bengal, on March 13 in the US District Court Eastern District of Arkansas. It follows a federal court ruling last November that temporarily barred Arkansas from preventing a naturalized US citizen of Chinese descent from operating a crypto mining business.
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter.
The crypto market is deep in fear as sentiment falls to 21. With ETF outflows and declining market cap, what comes next for BTC and ETH?
Telegram's self-custodial wallet, built on the TON blockchain, now supports trading and earning features, expanding access to crypto for its more than 100 million users. The update enhances usability for newcomers and deepens TON ecosystem integration. Telegram Expands TON-Based Wallet With Trading and Earn Capabilities Telegram is pushing deeper into crypto.
Democratic Representative Gerald E. Connolly has urged the US Treasury to abandon plans for a national cryptocurrency reserve.
Coinbase CLO Paul Grewal is now urging Congress to capitalize on bipartisan momentum for comprehensive crypto legislation.
K Bank, a leading South Korean neobank, could be thwarted in its latest attempt to go public by its “dependence” on its partner, the crypto exchange giant Upbit. The post ‘Upbit Dependence Could Derail New K Bank IPO Bid' – Report appeared first on Cryptonews.
It has been a sea of red in the crypto market, with Bitcoin and other altcoins being in a bear market. The crypto fear and greed index has tumbled, while fears of a recession remain in the US markets. Still, several altcoins have major catalysts that may push them higher in the coming months.
Turkey has introduced new cryptocurrency regulations that give the Capital Markets Board (CMB) full oversight of crypto platforms. The FATF Gray Listing Issue Turkey has unveiled new cryptocurrency regulations that grant the Capital Markets Board (CMB) full oversight of crypto platforms.
Explore how blockchain technology and federated learning are reshaping AI development with decentralized, privacy-focused governance, enabling large-scale collaboration without compromising data security.
Chainalysis has integrated with Ink, a DeFi-focused Ethereum layer 2 by Kraken, enhancing compliance and investigative workflows with automatic token support and advanced transaction monitoring.
The crypto market may receive a potential catalyst if the US sinks into a recession later this year as some analysts predict. This recession will be driven by the ongoing cuts by Elon Musk and his DOGE team. Also, the ongoing Trump tariffs will contribute to a recession.
The ruling allows 3AC's liquidators to pursue a much larger recovery from FTX's bankruptcy estate, adding to the complexity of existing claims.
As cryptocurrency markets faced a broad correction in recent weeks, digital asset investors sought safety in tokenized U.S. Treasury products. Since late January, the market capitalization of Treasury-backed tokens surged by $800 million, hitting a record $4.2 billion, according to rwa.xyz.