Ethereum pushes back Pectra upgrade to conduct third testnet ‘Hoodi’
Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the first two testnets encountered several bugs. The Hoodi testnet will launch on March 17 and the Pectra upgrade for it will be activated on March […]
AML Bitcoin creator convicted of wire fraud, money laundering
The founder of a cryptocurrency exchange whose namesake was tied to Anti-Money Laundering (AML) was found guilty of wire fraud and money laundering in a California court. In a March 12 trial in the US District Court for the Northern District of California, a jury found AML Bitcoin creator Rowland Marcus Andrade guilty of two […]
Hyperliquid ups margin requirements after $4 million liquidation loss
Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether (ETH) liquidation, the network said. On March 12, a trader intentionally liquidated a roughly $200 million Ether long position, causing Hyperliquid’s liquidity pool, HLP, to lose $4 million, unwinding the […]
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into the bill, including her proposal to limit stablecoin issuance to banking institutions. “Without changes, this bill will supercharge the […]
DigiFT launches Invesco private credit token on Arbitrum
Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets. According to a March 13 announcement, Invesco’s US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The […]
Banks push to block stablecoin legislation over market share fears
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share. According to an article from American Banker, the bill requires 60 votes to pass in the Senate, meaning that at […]
Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost
Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in […]
Circle plans to bring $900M money market fund under DABA license
Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with […]
Robinhood lists PENGU, POPCAT amid crypto ramp-up
Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood’s latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase. Memecoin trading has become a key battleground as rival exchanges — including Coinbase […]
Solana price bottom below $100? Death cross hints at 30% drop
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 could potentially accelerate the SOL price sell-off in the near term for a drop below $100 for the first time since February 2024. Solana’s 1-day chart. Source: Cointelegraph/TradingView A […]