News

US states advance major Bitcoin and crypto bills

March 28, 2025 2 mins read

In March 2025, several U.S. states, including Kentucky, North Carolina, and Arizona, made significant strides in adopting cryptocurrency into their financial systems. Lawmakers are proposing and passing bills that support Bitcoin reserves, crypto mining, and digital asset investments. This shift shows that many see cryptocurrency as a valuable financial asset rather than just a speculative tool. In Kentucky, the governor signed the “Blockchain Digital Asset Act” (HB701) on March 24.

The Senate votes to repeal the IRS DeFi broker rule

March 28, 2025 1 min read

The U.S. Senate has voted to repeal an IRS rule affecting decentralized finance (DeFi) platforms. This decision is seen as a significant win for the crypto industry. President Trump is expected to sign the bill into law by the end of the week. Supporters believe this will relieve pressure on DeFi developers and promote blockchain innovation. The Senate voted on March 26, passing H.J. Res. 25 with a strong 70-28

GameStop plans to raise $1.3B through convertible bonds to buy Bitcoin

March 28, 2025 2 mins read

GameStop Corp. plans to raise $1.3 billion through a convertible bond offering to buy Bitcoin. This strategy is inspired by Michael Saylor, a well-known crypto advocate. The company’s board has approved adding Bitcoin to its treasury reserves, marking a significant change in its approach. The bond sale is intended for general corporate purposes, including the Bitcoin acquisition. This move puts GameStop in line with other public companies that are using

Celo officially moves from a standalone Layer-1 to an Ethereum Layer-2

March 27, 2025 2 mins read

Celo has transitioned from a standalone Layer-1 blockchain to an Ethereum Layer-2 network using Optimism’s OP Stack. This change, finalized after 20 months of testing, enhances speed, security, and developer access while maintaining low transaction costs. The migration began at block height 31,056,500, with validators pausing block production to initiate the switch. Celo L2 went live shortly after, resuming block production in under two hours. The move was proposed by

Google Cloud is now an official validator for Injective

March 27, 2025 1 min read

Google Cloud has become an official validator for Injective, a decentralized finance (DeFi) blockchain. This announcement was made on Wednesday. By joining Injective, Google Cloud will work alongside other validators like Deutsche Telekom MMS. Their role is to secure the Injective network, validate transactions, and support decentralization. Google Cloud brings advanced infrastructure and expertise to Injective. This partnership will improve security and transaction validation for the network. Injective is now

The U.S. SEC closes investigation into Immutable X

March 26, 2025 1 min read

Since January, the U.S. Securities and Exchange Commission (SEC) has ended several investigations into various crypto companies. This includes firms like Kraken, Coinbase, Gemini, MetaMask, OpenSea, Robinhood, and UniSwap. The SEC has also formed a crypto task force led by Commissioner Hester Peirce. This task force aims to clarify how existing securities laws apply to cryptocurrencies. Immutable, an Australian crypto company, welcomed the U.S. government’s efforts to establish clear regulations

XRPTurbo Presale Raises Over 160,000 XRP, Set To Become The AI & RWA Launchpad On XRP Ledger

March 26, 2025 3 mins read

XRPTurbo, the innovative DeFi and token launchpad specifically built for the XRP Ledger (XRPL), has successfully raised over 160,000 XRP in its ongoing presale, surpassing 50% of its hard cap target. With fewer than seven days remaining in the presale period, participation has continued steadily as the platform approaches its fundraising target. Positioned as a launchpad tailored for the XRP Ledger, XRPTurbo aims to provide infrastructure for projects seeking to

GameStop confirms plans to adopt Bitcoin as a treasury reserve asset

March 26, 2025 1 min read

GameStop has officially added Bitcoin to its balance sheet. This decision was confirmed during its fourth quarter earnings release. The company’s board of directors unanimously approved this move, which aligns with earlier reports about GameStop’s plans to invest in Bitcoin and possibly other cryptocurrencies. Following the announcement, GameStop’s shares rose by over 6% in after-hours trading. Bitcoin itself remained stable, trading just below $88,000. GameStop has not revealed how much

World Network is in early talks with Visa to launch a stablecoin wallet

March 26, 2025 2 mins read

World Network, formerly known as Worldcoin, is in early talks with Visa about creating a stablecoin wallet. This partnership aims to integrate crypto payments into Visa’s extensive global network. The discussions were initiated by Tools for Humanity, the company behind World Network. The goal is to develop a wallet that functions like a “mini bank account.” This wallet would include features like fiat on-ramps, foreign exchange capabilities, and on-chain card

Tether is in talks with Big Four firms for a third-party audit as stablecoin regulations tighten

March 25, 2025 2 mins read

Tether, the company behind the largest stablecoin, is in talks with a Big Four accounting firm for a third-party audit. CEO Paolo Ardoino confirmed that these discussions are to meet new U.S. stablecoin regulations. These regulations will require independent audits for stablecoin issuers in the U.S. market. Ardoino stated that getting an audit is a top priority. There is growing interest from the U.S. government in stablecoins, especially after former

Strategy now holds 2.55% of Bitcoin’s circulating supply

March 25, 2025 1 min read

Strategy has significantly increased its Bitcoin holdings, surpassing the 500,000 BTC mark. This makes it the largest corporate holder of Bitcoin. On March 24, the company purchased 6,911 BTC for $584.1 million. The average price paid was $84,529 per coin. With this latest purchase, Strategy now holds a total of 506,137 BTC. The total investment in Bitcoin amounts to $33.7 billion, with an average cost of $66,608 per coin. The

Pi Network community launching PiDaoSwap, a DEX

March 25, 2025 2 mins read

The Pi Network community is creating a decentralized exchange (DEX) called PiDaoSwap. This initiative aims to combat price manipulation by outside exchanges. The goal is to help Pi Coin reflect its true market value, free from the influence of third-party platforms that may distort its price. PiDaoSwap is nearing completion and will soon launch on the Pi Network mainnet. Community sources, including Pi Network VietNames, state that the DEX will