A South Korean court docket briefly lifted the partial enterprise suspension on crypto change Upbit that had prohibited the buying and selling platform from servicing new shoppers for 3 months. On Feb. 25, South Korea’s Monetary Intelligence Unit (FIU) sanctioned the change, imposing a three-month ban on deposits and withdrawals for brand spanking new shoppers. … Read more
BItcoin (BTC) retains a $138,000 value goal for 2025 because the market recovers from US commerce tariffs, new evaluation concludes. Information protecting bets on prediction service Polymarket means that BTC/USD might nonetheless acquire round 60% from present ranges this 12 months. “Conservative” Polymarket customers cap BTC value upside at 60% Bitcoin bull market projections have … Read more
Opinion by: Marc Boiron, chief government officer of Polygon Labs Decentralized finance (DeFi) wants a actuality test. Protocols have chased progress by token emissions that promise eye-popping annual share yields (APYs) for years, solely to look at liquidity evaporate when incentives dry up. The present state of DeFi is just too pushed by mercenary capital, … Read more
Buying and selling platform Robinhood Markets plans to supply a service that delivers money to its clients alongside a man-made intelligence analysis assistant that gives buying and selling recommendation. The corporate stated in a March 27 weblog put up that its on-line banking arm, Robinhood Banking, will provide financial savings accounts to its Gold subscribers … Read more
OpenAI expects to greater than triple its income this 12 months to $12.7 billion, regardless of fast-growing competitors from the likes of China’s DeepSeek and different rivals making fast progress. The ChatGPT creators additionally count on its income goal for 2025 to greater than double to $29.4 billion by 2026, Bloomberg reported on March 26, … Read more
A coalition of crypto companies has urged Congress to press the Division of Justice to amend an “unprecedented and overly expansive” interpretation of legal guidelines that have been used to cost the builders of the crypto mixer Twister Money. A March 26 letter signed by 34 crypto corporations and advocate teams despatched to the Senate … Read more
The dealer behind latest “suspicious market exercise” on Hyperliquid that led to the freeze and delisting of the Jelly my Jelly (JELLY) memecoin is probably down nearly $1 million from their actions. Blockchain analytics agency Arkham Intelligence stated in a March 26 publish to X that the dealer tried to control the system to revenue … Read more
The US Senate has handed a decision to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report back to the Inner Income Service, which can now head to US President Donald Trump’s desk. On March 26, the Senate voted 70-28 to move a movement repealing the so-called IRS DeFi dealer rule … Read more
Wyoming Governor Mark Gordon mentioned the state’s proposed stablecoin is likely to be able to launch by July, with the Wyoming Steady Token Fee asserting interoperability protocol LayerZero as a associate for the token launch. Talking on the DC Blockchain Summit on March 26, Gordon praised the velocity and effectivity of the Wyoming state authorities … Read more
US Securities and Alternate Commissioner (SEC) Hester Peirce supplied a couple of recommendations for longer-lasting adjustments in crypto regulation between administrations with probably completely different views. Talking on the DC Blockchain Summit on March 26, Peirce, who heads the SEC’s crypto activity pressure, mentioned she anticipated that the fee might create extra “sturdiness” for digital … Read more
