Monthly Archives: March 2025

Circle plans to bring $900M money market fund under DABA license

Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with […]

MoonPay acquires API stablecoin infrastructure platform Iron

Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount.  According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also […]

ETH falling by 20% may trigger $336M in DeFi liquidations — Web3 exec

If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC. The executive warned that a decline to $1,857 would trigger $136 million in liquidations, […]

Web3 firm Addressable introduces new marketing metric for crypto wallets

Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses. Announced on March 13, CPW is designed to provide more precise insights for Web3 marketers by tracking onchain wallet activity rather than traditional Web2 advertising metrics like cost per […]

Web3’s UX problem — and how to fix it, feat. Ponder One

The latest episode of Hashing It Out dives into one of Web3’s most persistent challenges: usability. Host Elisha Owusu Akyaw speaks with Moe El-Shibib and Selim Sezgin, co-founders of Ponder One, about the hurdles preventing mainstream adoption and the technologies that could make blockchain interactions seamless for everyday users. The UX Roadblock Web3 continues to […]

Turkey tightens crypto regulations with new rules for exchanges, custodians

Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, ensuring compliance with […]

Turkey tightens crypto regulations with new rules for exchanges, investors

Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, the Capital Markets Board (CMB) of Türkiye published two regulatory documents related to the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, […]

Will Bitcoin price reclaim $95K before the end of March?

Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11. Bitcoin weekly chart. Source: Cointelegraph/TradingView After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, Bitcoin’s […]

Lower leverage as positions grow

Bybit CEO Ben Zhou commented on a recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to an Ether whale’s high-leverage trade, noting that centralized exchanges (CEXs) face similar challenges. On March 12, a crypto investor walked away with $1.8 million and forced the Hyperliquidity Pool (HLP) to bear a $4 million loss […]