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Location American Popular News for 22 Mar 2025

Court Orders $2.3M Returned toA federal court has ordered the recovery of over $2.3 million after a fraudulent digital asset scheme tricked investors with fake trading accounts and stole their funds. Fake Trading Platform Busted:... Court Orders Fraudsters to Repay Victims A federal court has ordered the recovery of nearly $2.3 million for victims of a fraudulent digital asset […]
Ripple Urges SEC to Return toRipple says the SEC has no power over most crypto assets, demands law-first clarity, and celebrates a pivotal legal retreat. Ripple Pressures SEC to Abandon Enforcement Tactics After Key Legal... Breakthrough Ripple submitted its response Friday to the U.S. Securities and Exchange Commission (SEC) Crypto Task Force, urging the agency to shift away from past […]
Digital Dollar Project RemarksThe Digital Dollar Project, which focuses on investigation leading to the future-proofing of the dollar, states that while the U.S. currency is still peerless, it is moving on the wheels of technology... quickly approaching obsolescence. Digital Dollar Project States U.S. Currency Must Modernize to Preserve Its Status The Digital Dollar Project, a non-neutral, non-profit forum […]
Pakistan Crypto CouncilBilal Bin Saqib, the CEO of Pakistan's Crypto Council, has proposed using the country's runoff energy to fuel Bitcoin (BTC) mining at the Crypto Council's inaugural meeting on March 21. According to... an article from The Nation, the council is exploring comprehensive regulatory frameworks for cryptocurrencies to attract foreign direct investment and establish Pakistan as a crypto hub. The meeting included lawmakers, the Bank of Pakistan's governor, the chairman of Pakistan's Securities and Exchange Commission (SECP), and the federal information technology secretary. Senator Muhammad Aurangzeb had this to say about the meeting: “This is the beginning of a new digital chapter for our economy. We are committed to building a transparent, future-ready financial ecosystem that attracts...
XRP Price Update: XRP TeetersXRP traded at $2.37 on March 22, 2025, with a market capitalization of $137 billion and a 24-hour trade volume of $1.73 billion. The price fluctuated between $2.35 and $2.42, showcasing a narrow... trading band amid technical indecision across multiple timeframes. XRP On the 1-hour chart, XRP hovered within a tight range, facing support around […]
Lightning Network Sheds 820According to recent metrics, bitcoin ( BTC) held in the Lightning Network, a payment-oriented layer two (L2) protocol, has declined sharply over the past 37 days. Lightning Network's $69M Drain The... network's capacity--the total BTC locked in its channels--now sits at 4,550 BTC, the smallest amount since September 2023, according to data collected by theblock.co. […]

Bitcoin sidechains will drive BTCfi growth

Coin Telegraph - 22 Mar 2025 17:00
Bitcoin sidechains will driveOpinion by: Brendon Sedo, Core DAO initial contributor Bitcoin is outgrowing the “digital gold” narrative. The primary driver of this shift is the rise of Bitcoin DeFi (BTCfi), which looks... beyond the mere store-of-value use cases. In 2024, Bitcoin (BTC) became a natively yield-generating asset and the centerpiece of Ethereum-style decentralized finance ecosystems. 2025 is when that kindling can grow its flame on innovative Bitcoin sidechains. Most past attempts to tap Bitcoin’s value as a productive asset required significant changes to its base layer. That’s a big reason they failed. The Bitcoin layer 1 is not designed for much change, leaving most Bitcoiners to merely hodl and not do much else. The result is that Bitcoin remained underutilized as a network and an...
Trader nets $480k with 1,500xAn unknown trader made nearly half a million worth of profit on a recently launched memecoin just before the token lost half of its value, sparking insider trading allegations after the recent wave of... memecoin meltdowns. A savvy trader made an over 1,500-fold return on his initial investment, turning it into over $482,000 in less than 24 hours on the Bubb (BUBB) memecoin. Source: Lookonchain “Turned $304 into $482K on $BUBB—a 1,586x return! This trader spent only $304 to buy 43.94M $BUBB and sold 28.9M $BUBB for $122K, leaving 15.64M $BUBB($360K),” wrote Lookonchain in a March 21 X post. The profitable trade occurred shortly before the token lost over 50% of its value, from a peak that rose to a peak $43.7 million market capitalization on March 21 at 10:00 p.m. UTC, to...
Bitcoin Price Watch: TightBitcoin's price is currently $84,160, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $15.07 billion. The 24-hour intraday price range spans from $83,238 to $84,492,... suggesting steady price compression as traders await a breakout signal. Bitcoin On the 1-hour chart, bitcoin is exhibiting a tight trading band between $83,000 and […]
Crypto markets will beGlobal trade war concerns will pressure both cryptocurrency and traditional markets until at least the beginning of April, but the potential resolution may bring the next big market catalyst.... Bitcoin’s (BTC) price fell over 17% since US President Donald Trump first announced import tariffs on Chinese goods on Jan. 20, the first day after his presidential inauguration. Despite a multitude of positive crypto-specific developments, global tariff fears will continue to pressure the markets until at least April 2, according to Nicolai Sondergaard, a research analyst at Nansen. BTC/USD, 1-day chart. Source: Cointelegraph/TradingView The analyst said during Cointelegraph’s Chainreaction daily X show on March 21: “I’m looking forward to seeing what happens with the tariffs...
Montana Cracks Down on CryptoThe U.S. state of Montana is considering new digital asset regulations as crypto scams surge, targeting vulnerable residents with fraud schemes and driving a sharp rise in financial losses. Montana... Ramps up Fight Against Digital Asset Scams Montana Commissioner of Securities and Insurance James Brown issued a warning this week over a surge in cryptocurrency-related […]
Australia Seeks to PositionThe Australian Treasury is working with the digital asset industry to establish clear regulations, aiming to make Australia a global leader in the sector. Spurring Innovation vs. Protecting Users The... Australian Treasury has announced that it is collaborating with the digital asset industry, regulators, and the broader community to position the country as a leader […]
South Korea Cracks Down onSouth Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial... authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting overseas virtual asset exchanges that operate without proper registration. According to a local report, the Financial Intelligence Unit […]
Eminem's Unreleased Songs SoldEminem's former sound engineer, Joseph Strange, has been charged with copyright infringement and interstate transportation of stolen goods for allegedly leaking and selling 25 of Eminem's unreleased... songs for $50,000 in bitcoin. Leaked Songs Circulated via Youtube and Reddit The former sound engineer for U.S. singer and rapper Eminem has been charged with leaking and […]
Fake CAPTCHA Forces Users toFake CAPTCHA pages tricked users into pasting malware-laced commands into Windows Run, launching stealth attacks that silently deployed infostealers undetected. Deceptive CAPTCHA Pages Deploy Stealth... Malware Using Windows Run Exploit Cybersecurity analysts in New Jersey flagged an alarming malware scheme this week targeting government employees through fraudulent CAPTCHA challenges. The New Jersey Cybersecurity and Communications […]
Swiss National Bank Says No toSwitzerland's central bank flatly rejected cryptocurrency for reserves, citing wild price swings, legal fragility, and software flaws as global momentum builds toward digital assets. No Crypto for... Now: Swiss Central Bank Rebuffs Digital Assets in Reserve Strategy Swiss National Bank (SNB) Vice President Martin Schlegel clarified Thursday in Zurich that Switzerland’s central bank has no […]
Crypto VC giant targets $1BVenture capital firm Haun Ventures is reportedly looking to raise $1 billion for two new crypto-related investment funds within the next three months. If successful, $500 million will be allocated to... early-stage crypto investments, while the remaining $500 million will go toward late-stage crypto investments, people familiar with the matter told Fortune Crypto on March 21. Different market conditions to 2022 led to lowered expectations The VC firm, founded by former Coinbase board member and federal prosecutor Katie Haun in 2022, reportedly did not aim for the $1.5 billion it raised in its highly praised funding round in 2022. It cited different market conditions as the reason for the lower target. However, Haun reportedly expects the two new funds will be “oversubscribed.” In...
Binance Unleashes Vote toBinance launched its first "Vote to Delist" campaign, letting users influence token removals as it shifts from internal-only decisions to community-driven governance on listings. Token Elimination... Begins: Binance Empowers Users With Vote to Delist Feature Crypto exchange Binance took another step in its community governance roadmap by activating its first-ever "Vote to Delist" campaign on […]
US Lawmakers Urge SEC toU.S. lawmakers are demanding answers from the SEC after the agency excluded meme coins from oversight, as scams soar and President Trump and the First Lady launch their own tokens. SEC Challenged Over... Meme Coin Guidance as Lawmakers Demand Transparency on Political Ties U.S. Senator Elizabeth Warren (D-MA) and U.S. Representative Jake Auchincloss (D-MA) formally […]