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Where All the SEC Cases Are

A quick recap of all the SEC cases that have been dropped and paused over the past two months.

Published on: March 29, 2025 | Source: CoinDesk favicon CoinDesk

Dogecoin Started as a Joke, But DOGE Mining Is Getting Serious

Dogecoin mining is a profitable alternative to Bitcoin, vendors told Decrypt at Mining Disrupt—and small businesses are cashing in.

Published on: March 29, 2025 | Source: Decrypt favicon Decrypt

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported.However, one week later, the firm reversed course.“We will no...

Published on: March 29, 2025 | Source: Cointelegraph favicon Cointelegraph

$1T stablecoin supply could drive next crypto rally — CoinFund’s Pakman

The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to David Pakman, managing partner at crypto-native investment firm CoinFund.“We’re in a stablecoin adoption upswell that’s likely to increase dramatically this year,” Pakman said during Cointelegraph’s Chainreaction live show on X on March 27. “We could go...

Published on: March 29, 2025 | Source: Cointelegraph favicon Cointelegraph

NAYG lawsuit against Galaxy was ‘lawfare, pure and simple’ — Scaramucci

The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci.“It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known as the Martin Act,” Scaramucci said in a March 28 X post.Martin Law...

Published on: March 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Ether's (ETH) declining appeal as an investment comes from layer-2s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says.“The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,” Castle Island Ventures partner Nic Carter said in a March 28 X post.Ether “died by its own...

Published on: March 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Elon Musk’s sale of X to xAI just made fraud lawsuit ’a lot spicer’

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the social media platform.The transfer of ownership of X to xAI on March 28 means that the class-action lawsuit against Musk — accusing him of defrauding former Twitter shareholders by delaying the disclosure of his initial...

Published on: March 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Fidelity says Bitcoin could potentially overtake gold, echoing Saylor’s absorption theory

Fidelity Investments director of global macro Jurrien Timmer believes that Bitcoin (BTC) has a “possible” path to surpassing gold in market value — but “not any time soon.” In a detailed social media post, Timmer explained his view using a chart comparing the projected growth of gold and Bitcoin over time. He noted that if […] The post Fidelity says Bitcoin could potentially overtake gold, echoing Saylor’s absorption...

Published on: March 29, 2025 | Source: CryptoSlate favicon CryptoSlate

Elon Musk Folds X Into xAI, Creating a $113 Billion Juggernaut

The merger between Elon Musk's X and xAI creates a closed loop of 600 million user inputs, model training, and distribution.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

FDIC Clears Path for Bank Crypto Activities Without Prior Approval

The Federal agency reverses policy that required banks to seek permission before offering cryptocurrency services—a significant shift in the U.S. regulatory landscape

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Zhao pledges BNB for Thailand, Myanmar disaster relief

Binance co-founder Changpeng “CZ” Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party onchain donation platform cannot be found to distribute the disaster relief funds.“I hope everyone is safe in Thailand,” the Binance...

Published on: March 28, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump exonerates BitMEX co-founder in landmark anti-money laundering case

President Donald Trump issued full pardons to the three co-founders of crypto exchange BitMEX on March 27, clearing their names years after they admitted to violating US anti-money laundering laws, CNBC reported. Arthur Hayes, Benjamin Delo and Samuel Reed, who launched BitMEX in 2014, had each pleaded guilty to charges under the Bank Secrecy Act. […] The post Trump exonerates BitMEX co-founder in landmark anti-money...

Published on: March 28, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, alongside the S&P 500 index, which dropped 112 points.The sell-off in equities is widely attributed to investors increasing worries over inflation after the core Personal Consumption Expenditures index...

Published on: March 28, 2025 | Source: Cointelegraph favicon Cointelegraph

Hawk Tuah Girl Says SEC Dropping Probe Into Solana Meme Coin: TMZ

Haliey Welch went viral last year following an interview about sexual techniques.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains

Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.

Published on: March 28, 2025 | Source: CoinDesk favicon CoinDesk

Nintendo Switch 2 Preview: Everything You Need to Know

UPDATE: Before Nintendo's full livestream reveal next week, here's everything we know so far about the Switch 2.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Protocols must prove demand as stablecoin liquidity per token falls 99%

The average stablecoin liquidity per token declined from $1.8 million in 2021 to just $5,500 in March 2025, a 99.7% drop, forcing protocols to demonstrate sound reasons for investors to hold. According to a recent report by research firm Decentralised, the drop illustrates how rising token issuance, now surpassing 40 million assets, has diluted available […] The post Protocols must prove demand as stablecoin liquidity...

Published on: March 28, 2025 | Source: CryptoSlate favicon CryptoSlate

New Jersey Regulator Orders Robinhood, Kalshi to Halt Sports Betting

The state regulator ordered the companies on Thursday to shutter their sports-related services for New Jersey residents and void locals’ existing bets.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Galaxy Digital Agrees to $200 Million Settlement Over LUNA 'Misrepresentations'

The New York Attorney General and Galaxy Digital have agreed to a settlement over the firm's handling of LUNA before its 2022 collapse.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Public Keys: GameStop Wants Bitcoin, Miners Face Shrinkage, Robinhood Gets a Time Out

Traders are cashing in on GameStop's fumbled Bitcoin announcement and BTC miners are in for a world of hurt as fees shrink.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives

The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that digital asset derivatives wouldn’t be treated differently than any other derivatives.The FDIC letter rescinds a previous instruction...

Published on: March 28, 2025 | Source: Cointelegraph favicon Cointelegraph

President Trump Pardons Arthur Hayes, 2 Other BitMEX Co-Founders

Arthur Hayes, the former CEO of BitMEX, pleaded guilty to one count of violating the Bank Secrecy Act and was sentenced to two years probation.

Published on: March 28, 2025 | Source: CoinDesk favicon CoinDesk

President Trump Pardons Arthur Hayes, BitMEX and 3 Other Co-Founders and Employee

Arthur Hayes, the former CEO of BitMEX, pleaded guilty to one count of violating the Bank Secrecy Act and was sentenced to two years probation.

Published on: March 28, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Biz: GameStop takes the orange pill

It has been a wild few years for GameStop, the video game retailer turned memecoin stock. After being pulled from the edge of bankruptcy in 2021 thanks to a surging stock price, the company has made sensible business decisions over the years, such as shrinking its physical footprint and focusing on higher-margin items.Now, GameStop is trying to secure its survival by investing in Bitcoin (BTC). This approach seems to...

Published on: March 28, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump Pardons Bitcoin Billionaire Arthur Hayes, Fellow BitMEX Founders

BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed have been pardoned by President Trump, according to a report.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

French state-owned bank commits another $25 million to digital asset investment fund

French public investment bank Bpifrance announced plans to accelerate its digital asset investment strategy, committing up to 25 million to support French blockchain companies through direct investments in crypto tokens. The move marks a rare foray by a sovereign-backed fund into decentralized financial markets and highlights France’s ambitions to lead in emerging technologies. The announcement […] The post French...

Published on: March 28, 2025 | Source: CryptoSlate favicon CryptoSlate

Ethereum futures premium hits 1+ year low — Is it time to buy the ETH bottom?

Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year.Some traders have said that the rock-bottom ETH futures premium is a bottom signal, but let’s dig deeper into the data to...

Published on: March 28, 2025 | Source: Cointelegraph favicon Cointelegraph

FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals

The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.

Published on: March 28, 2025 | Source: CoinDesk favicon CoinDesk

FDIC says banks can engage in crypto activities without prior approval

The Federal Deposit Insurance Corporation (FDIC) issued new guidance on March 28 clarifying that FDIC-supervised banks may engage in crypto-related activities without first obtaining the agency’s approval, provided they manage the associated risks by safety and soundness standards. The announcement, published as Financial Institution Letter (FIL-7-2025), rescinds FIL-16-2022 and marks a significant policy shift for […]...

Published on: March 28, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin, Ethereum and XRP Fall to Weekly Lows as Liquidations Spike Above $450 Million

Major cryptocurrencies including Bitcoin, Ethereum, and XRP are falling Friday alongside stocks amid growing inflation fears.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Anti-L2 push could ‘break the social fabric’ of Ethereum — Sandeep Nailwal

A portion of the Ethereum community is pressuring the Ethereum Foundation to make decisions that may “break the entire social fabric” of the smart contract network by restricting Ethereum's layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal said.Speaking during a March 28 episode of Cointelegraph's Chain Reaction show on X, the Polygon founder said that he has only seen this type of pressure and anti-L2 rhetoric...

Published on: March 28, 2025 | Source: Cointelegraph favicon Cointelegraph

CoreWeave Stock Debuts at $39 After Selling Shares for $40 A Piece

Shares of the company debuted on Nasdaq on Friday under the ticker CRWV.

Published on: March 28, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Card Firm Baanx Partners With Circle for Rewards Wallet

The Rewards Wallet, built using programmable wallet infrastructure from Circle, allows crypto holders access to cashback, fee discounts, and other subscription perks.

Published on: March 28, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Reserve ‘Crucial’ for Brazil's Prosperity: Lula Administration

A remark earlier this week by the chief of staff to Brazil's vice president underscored the country's heightened interest in Bitcoin.

Published on: March 28, 2025 | Source: Decrypt favicon Decrypt

Ethereum price decline puts nearly $320 million in DeFi loans at risk of liquidation

On-chain data shows that Ethereum’s continued price slide has pushed hundreds of millions in leveraged DeFi positions to the edge of liquidation. According to data from the DeFi analytics platform DefiLlama, around $319.8 million in Ethereum-based loans are just 20% away from their liquidation threshold. Most of these at-risk positions are concentrated in leading DeFi […] The post Ethereum price decline puts nearly...

Published on: March 28, 2025 | Source: CryptoSlate favicon CryptoSlate