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Uncategorized – Page 961 – DIGIT INFO

Celo becomes Ethereum L2 with Optimism rollup implementation

Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, … Read more

Trump’s USD1 stablecoin deepens concerns over conflicts of interest

World Liberty Financial (WLFI), the Trump family’s crypto project, is planning to release a stablecoin, raising concern over the US president’s exposure to the digital asset industry. The project released a memecoin immediately prior to President Donald Trump’s inauguration, the price of which skyrocketed and crashed soon after, causing many to accuse WLFI of a … Read more

BlackRock ‘BUIDL’ tokenized fund triples in 3 weeks as Bitcoin stalls

Update March 26, 2:36 pm UTC: This article has been updated to include quotes from Brickken CEO Edwin Mata. BlackRock’s Ethereum-native tokenized money market fund has more than tripled in value over the past three weeks, nearing the $2 billion mark amid rising demand for safe-haven digital assets. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) … Read more

XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%

Crypto community members are growing more optimistic about an XRP exchange-traded fund (ETF) approval following the resolution of a multi-year legal battle between Ripple and the United States Securities and Exchange Commission (SEC).  On March 19, Ripple CEO Brad Garlinghouse announced the case had concluded. In an X post, the Ripple executive said the SEC … Read more

Rumble wallet rolls out with Tether’s USDT for creator payments

Canadian YouTube alternative Rumble announced the launch of its wallet with support for Tether’s USDT stablecoin. In a March 26 X post, Rumble CEO Chris Pavlovski said Rumble Wallet will be used for content creator monetization. He promised it would work better than most advertisers and that it would use Tether’s USDt (USDT). Tether CEO … Read more

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Polymarket, the world’s largest decentralized prediction market, is under fire after a controversial outcome raised concerns over potential governance manipulation in a high-stakes political bet. A betting market on the platform asked whether US President Donald Trump would accept a rare earth mineral deal with Ukraine before April. Despite no such event occurring, the market … Read more

Google Play blocks access to 17 unregistered exchanges in South Korea

Google Play implemented access restrictions to 17 unregistered overseas crypto exchanges catering to local users in South Korea at the request of the country’s regulators.  On March 21, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission (FSC) said it was considering sanctions against operators that did not report to the relevant … Read more

Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchanges

Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback. Is the Bitcoin bull run about to resume? Bitcoin exchange outflows hit 7-month high Bitcoin … Read more

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