Ethena, an Ethereum-based decentralized stablecoin protocol, has surpassed major DeFi platforms like PancakeSwap and Jupiter to become the third-largest protocol by daily fees, trailing only Tether and Circle, according to data from DeFi Llama reported on March 14, 2025. In the past 24 hours, Ethena generated approximately $3.28 million in fees from its stablecoin, USDE,…
Thomas John “T.J. Stone” Sfraga was sentenced to 45 months in federal prison and ordered to pay nearly $1.4 million in forfeiture to the state for defrauding real estate and cryptocurrency investors through a Ponzi scheme, as detailed in a press release from the U.S. Attorney’s Office on March 14, 2025. The restitution amount will…
Paul Chowles, a 42-year-old operational officer with the UK’s National Crime Agency (NCA), has been charged with multiple offenses related to the alleged theft of 50 Bitcoin during an investigation into online organized crime in 2017, according to the Crown Prosecution Service (CPS), as authorized by Merseyside Police on March 14, 2025. Chowles faces 11…
Gemini, a leading cryptocurrency exchange, achieved a new Guinness World Record for the largest aerial display of a currency symbol, using 1,000 drones to form the iconic Bitcoin symbol during a 20-minute show at South by Southwest (SXSW) in Austin, Texas, on March 13, 2025, at 8:10 PM CT. This spectacular event, hosted to celebrate…
MoonPay, a leading cryptocurrency payment platform, has obtained a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions, as announced in a press release on March 14, 2025. This approval enables MoonPay to expand its services in Wisconsin, the 20th most populous U.S. state, allowing residents to use MoonPay Balance for fee-free crypto…
Ripple has received regulatory approval from the Dubai Financial Services Authority (DFSA) to provide regulated cryptocurrency payment services within the Dubai International Financial Centre (DIFC), becoming the first blockchain-powered payments company licensed by the DFSA, as announced in a press release on March 13, 2025. This milestone allows businesses in the United Arab Emirates (UAE)…
BlackRock, the world’s largest asset manager, is likely to file for exchange-traded funds (ETFs) for both Solana (SOL) and XRP, according to Nate Geraci, president of The ETF Store, in a post on X on March 14, 2025. Geraci predicts that BlackRock won’t allow competitors to dominate ETFs for two of the top five non-stablecoin…
World Liberty Financial, a decentralized finance (DeFi) protocol supported by the Trump family, has raised an additional $550 million through its WLFI token sale, pushing its total funding to nearly $600 million since November 2024, according to data from ICO Drops reported on March 13, 2025. This latest round brings the project’s valuation to over…
Wallet in Telegram, developed by The Open Platform as a mini-app within the Telegram messaging platform, announced a major upgrade on March 13, 2025, introducing a new interface, expanded crypto trading capabilities, and permanent rewards for holding Toncoin (TON) and Tether’s stablecoin (USDT). This update enhances the user experience for Telegram’s 900 million users, enabling…
On March 13, 2025, the Turkish Capital Markets Board (CMB) introduced a new regulatory framework to enhance oversight and establish stricter operational standards for cryptocurrency exchanges, custodians, and wallet service providers in Turkey. This initiative aims to bolster market transparency and protect investors by requiring crypto businesses to adhere to rigorous reporting and compliance measures….