BNB Chain (BNB) has launched a $100 million program designed to bootstrap liquidity for its native projects on centralized exchanges (CEXs). The network is allocating $100 million in incentives, primarily in the form of its native BNB tokens, to projects that successfully list on any of 11 major CEXs specified by BNB Chain, according to…
Read more
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…
Read more
Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg. Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures. Coinbase and Deribit have reportedly alerted regulators in…
Read more
The US Treasury Department has dropped cryptocurrency mixer Tornado Cash from its sanctions list, the agency said on March 21. The removal follows a January ruling by a US appeals court, which said the Treasury’s Office of Foreign Assets Control (OFAC) cannot sanction Tornado’s smart contracts because they are not the property of any foreign…
Read more
Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins. Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post. Previously, bonded Pump.fun tokens migrated to Raydium, which emerged…
Read more
Onchain sleuth ZachXBT said he had identified the mysterious whale who profited $20 million from highly leveraged trades on Hyperliquid and GMX as a British hacker going by the name William Parker. According to ZachXBT’s March 20 X post, Parker — who was previously known as Alistair Packover before changing his name — was arrested…
Read more
Onchain sleuth ZachXBT said he had identified the mysterious whale who made $20 million in profits from highly leveraged trades on Hyperliquid and GMX as a British hacker known as William Parker. According to ZachXBT’s March 20 X post, Parker — who was previously known as Alistair Packover before changing his name — was arrested…
Read more
Asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding Pengu (PENGU), the governance token of the Pudgy Penguins non-fungible token (NFT) project, US regulatory filings show. The ETF is the latest in a slew of filings for new US investment products tied to spot cryptocurrencies, including altcoins and memecoins. According to…
Read more
United States President Donald Trump will reportedly speak at Blockworks’ Digital Asset Summit in New York on March 20, Blockworks said. His speech will mark the first time a sitting US president has ever spoken at a cryptocurrency conference, Blockworks said in a March 19 announcement. Trump’s presence at the event underscores his embrace of…
Read more
United States lawmakers are on track to pass legislation setting rules for stablecoins and cryptocurrency market structure by as soon as August, Kristin Smith, CEO of industry advocacy group the Blockchain Association, said during Blockworks’ 2025 Digital Asset Summit in New York. Smith’s timeline echoes a similar forecast by Bo Hines, the executive director of…
Read more