SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi
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The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21. The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto […]

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Binance Wallet: Suspended Employee Profited From Privileged Information
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Binance Wallet said an investigation found a former employee leveraged information from their previous role at BNB Chain for front-running trades. Employee Profits Using Non-Public Information Binance Wallet has stated that none of its current team members were involved in insider trading, as alleged in a complaint filed with Binance’s internal audit team. However, an […]

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Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’
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Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump’s bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined to crash. Deutsche Bank Strategist Disregards Trump’s Admin Bitcoin Reserve: ‘Nothing New’ The policy pivot […]

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Crusoe to sell Bitcoin mining business to NYDIG to focus on AI
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Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence.  In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC) mining operation,  including its digital flare mitigation business, to […]

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Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in
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Circle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. ‘First and Only Stablecoin’ Approved for Use in Japanese Markets Circle Internet Group Inc. advanced its international expansion on March 25 by announcing a strategic launch in Japan, leveraging its local subsidiary, […]

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Pirating pioneer Napster sells for $207M with plans for music metaverse
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Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse.  Infinite Reality said in a March 25 statement that Napster would offer “branded 3D virtual spaces” to allow virtual concerts and “social listening parties” along with the ability […]

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Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains
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Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the estimated daily earnings from one petahash per second (PH/s) of computing power—has also seen an […]

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live
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First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on Ethereum Custodia Bank announced on March 25 that it had completed a landmark transaction in partnership with Vantage Bank, describing it as “America’s first-ever tokenization […]

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XRP Enters Regulated Spotlight as 21Shares Hits Nasdaq Stockholm With Fully-Backed ETP
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XRP’s pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe. XRP Accelerates ‘Breakthrough Moment for Crypto in Europe’ With Compliant ETP Access Crypto investment firm 21Shares AG, known for pioneering exchange-traded products (ETPs) tied to digital assets, announced new listings on […]

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Ripple Drops Cross-Appeal of SEC Case, Recovers $75M
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The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S. Securities and Exchange Commission (SEC) sued crypto firm Ripple Labs, the largest holder […]

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