Day: March 14, 2025

Crypto Firms Demand Stricter Rules After Libra Collapse

The $4 billion crash of the Libra (LIBRA) token, endorsed by Argentine President Javier Milei, has sparked a push for stricter regulations on politically linked cryptocurrencies. Crypto industry leaders argue that tokens endorsed by public figures need stronger investor protections to prevent insider trading, liquidity drains, and rug pulls. According to blockchain analytics firm DWF […]

Russia Uses Bitcoin & USDT for Oil Trade With China & India

Russian companies are increasingly turning to Bitcoin (BTC) and Tether (USDT) to facilitate trade with China and India, according to a March 14 Reuters report. The report, citing four sources with direct knowledge, revealed that Russian oil firms are conducting large-scale international transactions using crypto as a workaround to avoid sanctions and banking restrictions. One […]

Telegram Expands Crypto Wallet With Trading & Yield Features

Telegram is deepening its crypto push with the latest update to its self-custodial wallet, developed by The Open Platform (TOP) on the TON blockchain. Now supporting multi-asset trading and yield features, the Telegram Wallet brings crypto capabilities to over 100 million users, marking a major leap for mainstream crypto adoption. Bitcoin, USDT, and Yield on […]

Bolivia Adopts Crypto to Pay for Fuel Imports

Bolivia’s state-owned energy company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), has decided to use cryptocurrency to pay for fuel imports, as the country grapples with a severe U.S. dollar shortage and fuel crisis. With dwindling natural gas exports, Bolivia has struggled to maintain foreign currency reserves, making it increasingly difficult to pay for imported fuel. As […]

Court Approves 3AC’s $1.53B Claim Against FTX

A U.S. bankruptcy court has ruled in favor of Three Arrows Capital (3AC) liquidators, allowing them to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. In a March 13 ruling, Chief Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware dismissed FTX’s argument that the […]

Ark Invest Buys More Coinbase as Stock Drops

Cathie Wood’s Ark Invest has expanded its Coinbase holdings, purchasing an additional $5.2 million worth of COIN shares on Thursday, as the stock fell 7.43%. The ARK Innovation ETF (ARKK) acquired 29,353 shares of Coinbase Global Inc., taking advantage of the price dip to bolster its position in the leading U.S. crypto exchange. Ark also […]