Day: March 13, 2025

DigiFT launches Invesco private credit token on Arbitrum

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Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets. According to a March 13 announcement, Invesco’s US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The tokenized asset was launched on Feb. 19 and is designed to track the performance of a private credit fund managed by Invesco, a publicly traded investment manager headquartered in Atlanta, Georgia.  At the time of…

AML Bitcoin founder convicted of fraud and money laundering

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A federal jury has convicted Rowland Marcus Andrade, the founder and CEO of AML Bitcoin, of wire fraud and money laundering related to the fraudulent marketing and sale of the cryptocurrency. The verdict was reached after a five-week trial in the Northern District of California, with Chief U.S. District Judge Richard Seeborg presiding. According to prosecutors, Andrade, 47, misled investors by falsely claiming that AML Bitcoin had advanced anti-money laundering technology and was nearing adoption by the Panama Canal Authority.  In reality, no such agreement existed. Andrade raised millions through…

Bitdeer’s Bitcoin Mining Chip Achieves 9.7 J/TH Efficiency, A3 Mass Production Slated for Late 2025  

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Bitdeer Technologies Group announced its SEAL03 wafer achieved a record 9.7 joules per terahash (J/TH) efficiency during testing, while confirming plans to begin mass-producing its Sealminer A3 mining rigs in late 2025. With 9.7 J/TH Milestone, Bitdeer Advances Sealminer A3 Toward 2025 Rollout The SEAL03 chip, designed for Bitdeer’s next-generation Sealminer A3 machines, demonstrated its […] Original

Crypto Exchange Garantex Co-Founder Arrested In India Over Extradition Request

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Binance Founder Refutes WSJ Reports of Trump Plans To Buy Stake in US Arm of the World’s Largest Crypto Exchange

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Former Binance CEO Changpeng Zhao is pushing back on a Wall Street Journal report that Donald Trump has held talks with Binance to buy a stake in Binance.US. Earlier today, the WSJ reported that the Binance founder “pushed” for the Trump administration to pardon him for his 2023 guilty plea for violating US anti-money laundering requirements. CZ was released from prison last October after serving a four-month sentence. After today’s report, Zhao took to the social media platform X to deny the journal’s claims. “Sorry to disappoint. The WSJ article…

Solana Price Crash To $90? Why A 26% Decline Could Rock This Crypto

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Solana price is seemingly on the verge of another major crash, as an analyst forecasts a correction to $90. Given the cryptocurrency’s recent slow momentum due to the…

Tariff Tensions Tumble Markets Sending Bitcoin Below $80K

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On Thursday, global markets convulsed after President Donald Trump unveiled fresh tariffs on EU alcohol imports, igniting a cascade of unease. Gold Glitters as Bitcoin Stumbles The S&P 500 slid 1.5%, and the Nasdaq Composite retreated 2.2%, mirroring elevated investor trepidation about looming economic fallout. Bitcoin, too, buckled under the pressure. The digital asset plunged […] Original

Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

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Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in Bitcoin’s upside potential despite recent price weakness. Bitcoin/USD (orange, left) vs. Bitfinex BTC margin longs (right). Source: TradingView / Cointelegraph Some analysts argue that Bitcoin’s price is closely linked to the global monetary base, meaning…

Venice Burns One Third of Total Token Supply

The burn was conducted after the conclusion of Venice’s airdrop, which began at the end of January and ended on Wednesday. Crypto AI Startup Venice Burns $100M in Tokens Bitcoin and crypto entrepreneur Erik Voorhees’s Privacy-focused AI startup Venice concluded its airdrop on Wednesday after distributing 17.4 million Venice tokens (VVV) to more than 40,000 […] Source CryptoX Portal

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

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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 a total value locked (TVL) of $900 million, according to DefiLlama. The fund’s TVL has fallen from $1.9 billion as of Jan. 7. Hashnote USYC TVL over time. Source: DefiLlama Related: Wall Street is betting…