Category: crypto

Trump is seeking an extra $200 billion for an Iran war budget on top of record defense spending, impacting crypto markets as they reassess geopolitical risk, debt, and the dollar in real-time. The Pentagon is requesting the additional funding, leading to uncertainty in markets and potential safe-haven trades in assets like bitcoin.

Keyrock’s Series C funding round led by SC Ventures values the crypto market maker at $1.1 billion. Ripple is also an investor in the round. Keyrock plans to use the funds to expand into asset and wealth management, with a focus on M&A-driven growth and global trading.

Blockchain security firm Slow Fog warns of malicious axios releases pulling in plain-crypto-js malware, exposing crypto developers to cross-platform RATs and stolen credentials via npm. The attack involves a fake cryptography package silently added as a new dependency. npm has removed the malicious versions, but environments that pulled them remain at risk.

The government of Bhutan has sold around 700 BTC, worth about $50 million, following previous sales in March. This comes after Bhutan’s sovereign fund, Druk Holding & Investments, mined over 13,000 BTC, ranking among the top state holders. The country uses hydropower to mine BTC and diversify income.

Decentralized perpetual exchange edgeX will launch its $EDGE token via TGE at 20:30 Beijing time on March 31, 2026, with 25% allocated to a fully unlocked community airdrop. The project faces criticism for closing comments on its TGE countdown post, raising concerns about transparency and distribution. Trading will begin on the same day.

Circle minted about $750M in new USDC on Solana in 24 hours, adding significant dollar liquidity to the chain’s DeFi, trading, and institutional flows. The issuance follows a trend of increased USDC mints on Solana, contributing to the network’s growth and positioning it as a key player in the crypto ecosystem.

KB Kookmin Card is teaming up with Avalanche and OpenAsset to create a hybrid stablecoin credit card system. Users can pay with on-chain stablecoins or traditional credit using a single card, with transactions first routed to a blockchain wallet. This innovative approach is part of a larger trend in South Korea toward regulated stablecoin products.

Ant Group has acquired a majority stake in Hong Kong broker Yau Choy Securities for around $360 million, reshaping the board with senior Ant executives. The move positions Ant Group for a stablecoin license in Hong Kong, following reports of plans to pursue virtual asset and stablecoin approvals in the city.

US prosecutors charged a Maryland resident for exploiting Uranium Finance, resulting in over $54M in losses. Smart contract flaws were used to withdraw excess funds, leading to the platform’s shutdown. The accused faces fraud and money laundering charges, with authorities seizing $31M. The case will proceed in court.

Over 40 Democratic lawmakers are urging U.S. regulators to prevent federal employees from using nonpublic information in prediction market trades. Suspicious trades linked to geopolitical and political events have raised concerns about insider trading and national security risks. Lawmakers want swift action to address these issues, calling for clear guidance and enforcement.