Monthly Archives: March 2025

Sui Foundation onboards Blockaid to enhance ecosystem security

Blockaid has announced a partnership with the Sui Foundation to enhance the Sui ecosystem’s security. According to the announcement, Blockaid will add protection to Sui wallets and respond to smart contract exploits, offchain threats and operational faults on Sui. The Sui Foundation supports the growth of Sui, a layer-1 blockchain launched in May 2023 with […]

SEC’s enforcement case against Ripple may be wrapping up

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years. According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC’s case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, […]

Binance introduces review mechanism to remove unqualified tokens

Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don’t meet certain quantitative and qualitative criteria. The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, […]

Indian authorities arrest alleged Garantex founder for US extradition

Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex.  In a March 12 notice, the CBI said police in the Indian state of Kerala had coordinated with national authorities to arrest Bešciokov. The Lithuanian national was reportedly vacationing […]

Abu Dhabi’s MGX backs Binance with $2B stablecoin investment

Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins. Binance declined […]

Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024

Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price reverses at key bull market trendline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing. The January print of the […]

Web3 gaming investors no longer throwing money at ‘Axie killers’

The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising. In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in. […]

Is Bitcoin price going to crash again?

Bitcoin (BTC) tapped $83,700 during the early Asian hours on March 12 after reaching a low of $76,600 on March 11 amid a slight improvement in market sentiment.  BTC/USD facing rejection from the $84,000 level raises questions about whether BTC price could drop further over the next few days. BTC/USD hourly chart. Source: Cointelegraph/TradingView Demand […]

Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool

Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports. Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to […]