Day: 14 March 2025

MEXC has announced the listing of AO (AO) on both spot and futures markets, marking a significant step toward supporting decentralized computing and AI innovation. The trading of AO/USDT commenced on March 14, 2025, at 06:00 (UTC) in the Innovation Zone, followed by the launch of AO USDT perpetual futures ...

A U.S. bankruptcy court has ruled in favour of Three Arrows Capital (3AC) liquidators, granting them permission to increase their claim against the 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 ...

MEXC has published its token listing and trading data for January and February, revealing that memecoins made up nearly 50% of all new listings. Despite ongoing market volatility and downturns, the report highlights robust demand for new tokens, particularly memecoins, among traders on the platform. During the two-month period, MEXC ...

U.S. Congressman Byron Donalds is preparing to introduce a bill designed to safeguard President Donald Trump’s executive order establishing a strategic Bitcoin reserve.  The proposed legislation aims to ensure that future presidents cannot overturn the executive order, effectively codifying it into law. According to a Bloomberg report, the bill’s primary ...

Ethereum Layer 2 chain ZKsync has decided not to extend its liquidity rewards initiative, ZKsync Ignite, as the project pivots toward expanding its broader network infrastructure.  The program will officially conclude on March 17, marking the end of its first season and cancelling the reward allocation for period six, which ...

Hong Kong’s fintech sector is experiencing rapid growth, with blockchain, digital assets, distributed ledger technology (DLT), and artificial intelligence (AI) driving innovation.  According to the latest Hong Kong Fintech Ecosystem report by InvestHK, the region now hosts over 1,100 fintech firms, including 175 blockchain-focused companies and 111 digital asset and ...

Ethereum is launching a new testnet called Hoodi on March 17 to finalize testing for the upcoming Prague-Electra (Pectra) upgrade. According to Ethereum developer Tim Beiko, the Pectra mainnet deployment could occur 30+ days after successful Hoodi testing, potentially in late April. Ethereum developers have been conducting tests on existing ...

Crypto perpetuals experienced a record-breaking surge in 2024, with trading volumes far exceeding expectations. Data from CoinGecko reveals that the top 10 centralized exchanges collectively reached $58.5 trillion in trading volume, more than doubling the $28 trillion recorded in 2023. Despite the remarkable market growth, Binance struggled to maintain its ...

A proposal to revamp Solana’s inflation system has been rejected by stakeholders, yet it is being celebrated as a milestone for the network’s governance. Multicoin Capital co-founder Tushar Jain described the outcome as a victory, stating on March 14, “Even though our proposal was technically defeated by the vote, this ...

Hong Kong-based crypto payment platform RedotPay has secured $40 million in a Series A funding round to expand its services and offerings.  According to the firm, the investment will support its mission to integrate cryptocurrency into everyday transactions while simplifying blockchain payments for users. RedotPay has been steadily expanding its ...