Monthly Archives: March 2025

Robinhood offers to Uber cash to customers and have AI give trading advice

Trading platform Robinhood Markets plans to offer a service that delivers cash to its customers alongside an artificial intelligence research assistant that offers trading advice. The company said in a March 27 blog post that its online banking arm, Robinhood Banking, will offer savings accounts to its Gold subscribers through its partner Coastal Community Bank […]

OpenAI expects to 3X revenue in 2025 but Chinese AI firms are heating up

OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress. The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person […]

Hyperliquid JELLY ‘exploiter’ could be down $1M, says Arkham

The trader behind recent “suspicious market activity” on Hyperliquid that led to the freeze and delisting of the Jelly my Jelly (JELLY) memecoin is potentially down almost $1 million from their actions.  Blockchain analytics firm Arkham Intelligence said in a March 26 post to X that the trader attempted to manipulate the system to profit […]

Resolution to kill IRS DeFi broker rule heads to Trump’s desk

The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head to US President Donald Trump’s desk. On March 26, the Senate voted 70-28 to pass a motion repealing the so-called IRS DeFi broker rule that […]

Wyoming’s Mark Gordon says state should issue stablecoin by July

Wyoming Governor Mark Gordon said the state’s proposed stablecoin might be ready to launch by July, with the Wyoming Stable Token Commission announcing interoperability protocol LayerZero as a partner for the token launch. Speaking at the DC Blockchain Summit on March 26, Gordon praised the speed and efficiency of the Wyoming state government in embracing […]

GameStop jumps 12% after Bitcoin purchase plans announced

GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion convertible notes offering. The convertible senior notes — debt that can later be converted into equity — […]

Yield-bearing stablecoins could kill banking — US Senator Gillibrand

Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC. Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New York praised her state for having […]

Ethereum’s (ETH) path back to $2.5K depends on 3 key factors

Ether (ETH) price reclaimed the $2,000 support on March 24 but remains 18% below the $2,500 level seen three weeks ago. Data shows Ether has underperformed the altcoin market by 14% over the past 30 days, leading traders to question whether the altcoin can regain bullish momentum and which factors might drive a trend reversal. […]

Specialized purpose DEXs poised for growth in 2025 — Curve founder

Several sectors of decentralized finance are poised for growth in 2025, including special-purpose decentralized exchanges (DEXs), stablecoins, and tokenized assets, according to Curve Finance founder Michael Egorov. Growth in decentralized exchanges will be driven by new purpose-tailored platforms, such as exchanges for stablecoins pegged to different underlying fiat currencies, thus solving the foreign exchange problem […]

‘We’re bullish on stablecoins,’ next-gen DeFi — Coinbase Ventures head

Crypto and blockchain-focused venture capital is unfazed by recent market volatility and is using the opportunity to uncover hidden gems in an industry that’s only “one decade into a 30-year paradigm shift,” according to Hoolie Tejwani, the head of VC firm Coinbase Ventures.  Coinbase Ventures will “continue to invest steadily through market conditions” because it […]