MEXC invests $20 million in USDe to boost stablecoin adoption and DeFi innovation, launching a $1 million rewards campaign to drive user engagement. Crypto Exchange Aims to Expand DeFi Innovation with Strategic Investment of $20 Million MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthetic dollar issued by…

Venture capitalist Vance Spencer criticizes U.S. proposals to restrict international stablecoin issuers from accessing the Treasury market, warning it could weaken dollar dominance. Read more on the stablecoin regulation debate. Venture Capitalist Warns of Negative Impact on U.S. Dollar Hegemony Vance Spencer, co-founder of Framework Ventures, has criticized efforts to restrict international stablecoin issuers from…

Kraken has announced that the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against the cryptocurrency exchange with prejudice.  The decision, which does not require Kraken to admit wrongdoing, pay penalties, or alter its business operations, marks a significant development in the ongoing debate over crypto regulation in the United States.…

Donald Trump fulfilled a major campaign promise yesterday by announcing a prospective strategic reserve for XRP, Solana, and Cardano.  The 47th president of the United States announced via Truth Social that he has given an Executive order directing the presidential working group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and…

Brazillian Soccer Star and former World Best Player of the Year Ronaldinho Gaucho launched a memecoin on the BNB Chain after days of speculation.  The memecoin “STAR10” launch was announced via the Soccer Star’s X page, stressing that the project is the only Crypto project the Brazillian star is affiliated with.  https://twitter.com/10Ronaldinho/status/1896323945697018323 The Official launch tweet…

The 47th President of the United States, Donald Trump, is set to hold an important crypto summit at the White House on March 7th.  CEOs, investors, and members of the Presidential Working Group on Digital Assets, including David Sacks and Bo Hines, will attend the summit. The proposed crypto summit adds to an interesting…

February 2025 saw one of the worst months for cryptocurrency security breaches, with approximately $1.5 billion lost to exploits, hacks, and scams, according to blockchain security firm CertiK.  Notably, the most significant incident was the Bybit exchange breach, marking the largest recorded exploit since the 2022 Ronin Bridge hack, which was linked to the North…

Metaplanet, a Japanese investment firm, has added 156 bitcoin (BTC) to its holdings, spending approximately $13.4 million at an average price of $85,890 per BTC. The announcement was made on March 3, 2025, by CEO Simon Gerovich via X. "Metaplanet has acquired 156 BTC for ~$13.4 million at ~$85,890 per bitcoin and has achieved BTC…

The 11 Ethereum (ETFs) in the U.S. saw a net outflow of $41.9 million, extending a seven-day streak of negative flows.  Despite experiencing a pick up in investor activity, the Ethereum ETFs continue to shed funds.  The Ether ETFs have shed $293.53 million over the past five days, per SoSoValue estimates.  The Continuous outflows reflect…