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 […]

Hyperliquid delists JELLY perps, citing “suspicious” activity

Hyperliquid is delisting perpetual futures tied to the JELLY token after identifying “evidence of suspicious market activity” involving the trading instruments, the blockchain network said.  The Hyper Foundation, Hyperliquid’s ecosystem nonprofit, will reimburse most users for any losses related to the incident, Hyperliquid said in a March 26 post on the X platform. “All users […]

Celo becomes Ethereum L2 with Optimism rollup implementation

Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, […]

XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%

Crypto community members are growing more optimistic about an XRP exchange-traded fund (ETF) approval following the resolution of a multi-year legal battle between Ripple and the United States Securities and Exchange Commission (SEC).  On March 19, Ripple CEO Brad Garlinghouse announced the case had concluded. In an X post, the Ripple executive said the SEC […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Polymarket, the world’s largest decentralized prediction market, is under fire after a controversial outcome raised concerns over potential governance manipulation in a high-stakes political bet. A betting market on the platform asked whether US President Donald Trump would accept a rare earth mineral deal with Ukraine before April. Despite no such event occurring, the market […]

Ethereum devs prepare final Pectra test before mainnet launch

Ethereum developers are under pressure as the Pectra upgrade rolls out to a new testnet following several unexpected issues that have delayed its deployment to the mainnet. The Pectra upgrade, which was expected to hit the Ethereum mainnet in March, was deployed into the network’s Holesky testnet on Feb. 24. However, the upgrade failed to […]

Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’

Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 […]