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Celo becomes Ethereum L2 with Optimism rollup implementation

Celo becomes Ethereum L2 with Optimism rollup implementation

Celo, the blockchain community launched in 2020, has formally transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo introduced the profitable transition in a March 26 X publish, stating that “Celo is formally an Ethereum layer 2” protocol. Within the thread, the group claimed the brand new protocol options one-second blocks, sub-cent transaction … Read more

What are exit liquidity traps — and how to detect them before it is too late

What are exit liquidity traps — and how to detect them before it is too late

Key takeaways Exit liquidity traps happen when new traders unknowingly present liquidity for insiders to money out, leaving them with devalued property.​ FOMO drives impulsive trades, usually resulting in pricey errors and turning into exit liquidity for early movers. Watch out for tasks with exaggerated claims, low liquidity, nameless groups or sudden value surges. Investing … Read more

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Polymarket faces scrutiny over M Ukraine mineral deal bet

Polymarket, the world’s largest decentralized prediction market, is below fireplace after a controversial consequence raised issues over potential governance manipulation in a high-stakes political wager. A betting market on the platform requested whether or not US President Donald Trump would settle for a uncommon earth mineral take care of Ukraine earlier than April. Regardless of … Read more

Google Play blocks access to 17 unregistered exchanges in South Korea

Google Play blocks access to 17 unregistered exchanges in South Korea

Google Play applied entry restrictions to 17 unregistered abroad crypto exchanges catering to native customers in South Korea on the request of the nation’s regulators.  On March 21, the Monetary Intelligence Unit (FIU) of the South Korean Monetary Providers Fee (FSC) mentioned it was contemplating sanctions in opposition to operators that didn’t report back to … Read more

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

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

Constancy Investments is reportedly within the closing phases of testing a US dollar-pegged stablecoin, signaling the agency’s newest push into digital property amid a extra favorable crypto regulatory local weather beneath the Trump administration. The $5.8 trillion asset supervisor plans to launch the stablecoin by means of its cryptocurrency division, Constancy Digital Property, in accordance … Read more

North Carolina bills would add crypto to state’s retirement system

North Carolina bills would add crypto to state’s retirement system

North Carolina lawmakers have launched payments within the Home and Senate that might see the state’s treasurer allocate as much as 5% of assorted state retirement funds into cryptocurrencies akin to Bitcoin. The Funding Modernization Act (Home Invoice 506), launched by Consultant Brenden Jones on March 24, would create an impartial funding authority below the … Read more

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi

The US Securities and Alternate Fee will host 4 extra crypto roundtables — specializing in crypto buying and selling, custody, tokenization and decentralized finance (DeFi) — after internet hosting its first crypto roundtable on March 21. The collection of roundtables, organized by the SEC’s Crypto Activity Pressure, will kick off with a dialogue on tailoring … Read more