Changpeng Zhao denies reports of a Binance.US deal, defends Trump
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 Donald Trump. In a March 13 X post following the release of the report, Zhao said he had no discussions regarding a business deal […]
MoonPay acquires API stablecoin infrastructure platform Iron
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also […]
ETH falling by 20% may trigger $336M in DeFi liquidations — Web3 exec
If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC. The executive warned that a decline to $1,857 would trigger $136 million in liquidations, […]
Addressable introduces cost per wallet metric for Web3 marketing
Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses. The company claims CPW provides a more precise measure of user engagement compared to traditional Web2 marketing, where metrics such as customer acquisition cost (CAC) and cost per click […]
Bitcoin price drops 2% as falling inflation boosts US trade war fears
Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Good news is bad news? Bitcoin follows stocks lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day. The February print of the Producer […]
75% of VASPs registered in the EU will not be able to comply with MiCA
Opinion by: Slava Demchuk, co-founder and CEO of AMLBot All virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so. The MiCA regulation is, in essence, a good legal framework for the crypto industry, but […]
Wallet in Telegram to list 50 tokens and launch yield program
Wallet in Telegram, a third-party cryptocurrency wallet Mini App on Telegram, is set to expand its custodial crypto services, adding at least 50 new cryptocurrencies and launching an earn feature for users. The Open Platform (TOP), the largest venture builder in The Open Network (TON) ecosystem, which manages Wallet in Telegram as one of its […]
Ethereum average gas fees drop 95% one year after the Dencun upgrade
The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements. On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer. It also introduced nine […]
US Bitcoin ETFs break outflow streak with $13.3M inflow
Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000. As of March 12, spot Bitcoin ETFs had attracted $35.4 million worth of inflows spread across two days, according […]
Turkey tightens crypto regulations with new rules for exchanges, custodians
Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, ensuring compliance with […]