Month: March 2025

World Liberty Financial-Labeled Tokens Spark Speculation of Trump-Backed Project’s Stablecoin Launch

Crypto observers were speculating on Monday that World Liberty Financial (WLFI), the decentralized finance (DeFi) platform backed by U.S. President Donald Trump and his family, might be testing its long-awaited dollar stablecoin before rolling out for the broader public. Blockchain sleuths earlier today noted a flurry of activity with a token labeled as World Liberty Financial USD (USD1) on blockchain monitoring websites Etherscan and BscScan. Blockchain data shows that USD1 was deployed earlier this month on the Ethereum and BNB Chain networks and series of transactions with the token occurring…

Abu Dhabi’s financial free zone signs MoU with Chainlink for tokenization frameworks

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Abu Dhabi Global Market (ADGM), a financial zone with over $635 billion in assets under management, signed a Memorandum of Understanding (MoU) with Chainlink in a move to connect the world of traditional finance with blockchain data. The agreement will allow ADGM to use Chainlink’s suite of tools, such as data feeds and interoperability technology, ADGM said in a March 24 announcement. The partnership also aims to encourage further discussion around blockchain, artificial intelligence, and other emerging technologies in the region. ADGM, which opened in 2015, is in the United…

Trump’s crypto project launches stablecoin on BNB Chain, Ethereum

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The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million. According to data from Etherscan and BscScan, the project launched the World Liberty Financial USD (USD1) token in early March. Former Binance CEO Changpeng “CZ” Zhao noted the project’s smart contract was deployed on the BNB Chain and Ethereum, while World Liberty said the stablecoin was “not currently tradeable.” The USD1 stablecoin launch comes as US lawmakers consider passing the Guiding and Establishing National Innovation for US Stablecoins,…

3 reasons why Solana (SOL) price rallied above $140

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Solana’s native token, SOL (SOL), gained 8.5% on March 24, reclaiming the $142 mark for the first time in two weeks. This rally mirrored the gains seen across the broader cryptocurrency market as traders began to expect reduced risks of an economic downturn. The growing risk appetite can also be seen among memecoins, several of which rallied by 12% or more since March 23. Outside of the broad market rally, SOL has its own merits, including a rise in network activity and the direct involvement of US President Donald Trump…

Shiba Inu ETF Proposal—Could This Be SHIB’s Breakout Moment?

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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. A Shiba Inu marketing executive has sparked talk about a possible ETF for the popular meme cryptocurrency. Her recent statements come as the token saw its burn rate jump…

Tabit Insurance secures $40m facility capitalized entirely in Bitcoin

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Tabit Insurance, a Barbados-based company offering insurance solutions for the digital assets industry, raised $40 million in a facility capitalized in Bitcoin. The company said in a press release that the capitalization of the $40 million insurance facility in Bitcoin (BTC) was “an industry first”, with company auditors and regulators able to verify the financing in real time. According to Tabit, Bitcoin offers greater transparency, particularly for the insurance industry, with the digital asset also key to companies’ exploring alternative funding channels. The company will hold all of the capital…

Crypto exchange Kraken exploring $1B raise ahead of IPO: Report

Cryptocurrency exchange Kraken is considering a major capital raise ahead of a potential initial public offering (IPO) early next year, Bloomberg reported on March 24.  Citing anonymous sources, Bloomberg said Kraken is exploring a debt package worth anywhere between $200 million and $1 billion. The exchange is reportedly in preliminary talks with Goldman Sachs and JPMorgan Chase about facilitating the transaction. The funds would be used to support Kraken’s growth and not for operational expenses, Bloomberg cited the source as saying.  Bloomberg has been reporting about Kraken’s IPO ambitions for…

ETF Weekly Recap: Bitcoin ETFs See First Net Weekly Inflow After Five Weeks

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​Bitcoin ETFs broke a five-week streak of outflows by attracting $744.35 million from March 17 to March 21, signaling renewed investor confidence. Conversely, ether ETFs continued their fourth consecutive week of outflows, shedding $102.89 million.​ Bitcoin ETFs Rebound with $744 Million Weekly Inflow As Ether ETFs Extend Weekly Outflow Streak After enduring five weeks of […] Original

Analyst Sets Dogecoin Next Target As Ascending Triangle Forms

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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. Crypto analyst CobraVanguard has revealed the next price target for Dogecoin as an ascending triangle forms for the foremost meme coin. A rally to this price target could pave…

DeFi lender Nostra pauses borrowing after price feed error

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Nostra, a lending protocol on Starknet, has paused borrowing for two liquid staking tokens after identifying a “critical issue” with its price feeds, the decentralized finance (DeFi) protocol said.  On March 24, errors in Nostra’s price feed inflated the reported prices of xSTRK and sSTRK — two liquid staking derivatives of Starknet’s native STRK token — to approximately three times the tokens’ actual value, Nostra said in a post on the X platform. According to Nostra, “[s]uch an inflated price feed could have caused unnecessary liquidations of otherwise safe positions,…