News

Bitget Lists KiloEx (KILO) in the Innovation and DeFi Zone

March 29, 2025 3 mins read

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of KiloEx (KILO), a DEX focused on risk management and capital efficiency. Trading for KILOI/USDT will commence on 27 March 2025, 13:00 (UTC). KiloEx provides fast trades, real-time market tracking, and a user-friendly interface while offering liquidity providers risk-neutral positions and LP-friendly solutions. The operation of KiloEx (KILO) centers on its revolutionary Peer-to-Pool model that creates a more

Polymarket is under fire after a $7M market was allegedly rigged by UMA whales

March 28, 2025 2 mins read

Polymarket, a well-known prediction platform, is under fire for allegedly manipulating a $7 million market. This market was about whether Ukraine would agree to a mineral deal with Trump before April. It resolved as “Yes,” even though there was no official confirmation from either the U.S. or Ukraine. Users claim this is the biggest manipulation case in the platform’s history, accusing insiders of swaying the outcome. The market rules stated

Wirex launches Wirex Travel

March 28, 2025 2 mins read

Wirex has introduced a new service called Wirex Travel, which offers significant discounts on hotel bookings and cashback rewards. Users can save up to 65% on hotel stays and receive 8% cashback when they pay with a Wirex card. This launch directly competes with Travala, a well-established platform in the crypto travel market backed by Binance. Wirex is known for its Web3 money app and is now expanding into the

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