Category: crypto

The average stablecoin liquidity per token has dropped significantly from $1.8 million in 2021 to just $5,500 in March 2025, prompting protocols to demonstrate reasons for investors to hold. Rising token issuance has diluted available capital without increased demand, leading to lower liquidity, weaker communities, and diminished engagement. Investment in revenue generation and transparent operations…

President Trump pardoned the co-founders of BitMEX, a crypto exchange, after they admitted to violating US anti-money laundering laws. Arthur Hayes, Benjamin Delo, and Samuel Reed had pleaded guilty to charges under the Bank Secrecy Act. They received probation sentences and paid fines. The case set a precedent for future enforcement actions in the digital…

The Central Bank of the UAE announced that the Digital Dirham will be launched for retail use in the final quarter of 2025. It will support smart contracts and tokenization, enhancing financial stability, inclusion, and combatting financial crime. The UAE also introduced updated symbols for its national currency to align with its focus on digital…

Coinbase users lost over $46 million in social engineering scams this month, according to blockchain investigator ZachXBT. Multiple incidents targeted US-based exchange users, resulting in the theft of significant amounts of Bitcoin. Despite the scale of the losses, Coinbase has not flagged the associated wallet addresses, raising concerns about user protection measures.

AlphaBitcoin’s hashprice has stabilized after reaching a low for the quarter. This temporary relief may benefit miners, but ongoing challenges could continue to threaten their profitability.

Grayscale Investments is working on introducing a spot Avalanche exchange-traded fund (ETF) product to the market. Nasdaq has applied to list and trade the Grayscale Avalanche Trust shares as an ETF with the SEC. The goal is to provide investors with a streamlined way to gain exposure to AVAX, the native token of the Avalanche…

South Carolina lawmakers introduced a bill to create a Bitcoin reserve to protect public funds from inflation. The bill would allow the state to invest up to 10% of its funds in Bitcoin, with a limit of 1 million BTC. The state also dropped its lawsuit against Coinbase over alleged securities violations.

Terraform Labs, the bankrupt firm behind the failed TerraUSD (UST) stablecoin, has launched a crypto claims portal to compensate users affected by the project’s crash in 2022. Creditors can submit claims until April 30, 2025, providing proof of asset ownership. Meanwhile, Galaxy Digital settled with the New York Attorney General for $200 million for promoting…

The Sei Foundation is considering acquiring bankrupt genetic testing company 23andMe to protect genetic data through blockchain technology. The acquisition would allow individuals to control how their data is shared, monetized, or stored. This move aligns with Sei’s mission to protect user data and advance Decentralized Science (DeSci).

GameStop shares dropped over 15% in a single day after announcing a surprise move to invest in Bitcoin and close more physical stores. Investors are concerned about the lack of clarity in the company’s long-term strategy and the risks associated with the shift in direction. Bitcoin’s price volatility adds further skepticism.