Day: 26 March 2025

The UK's Financial Conduct Authority (FCA) has raised concerns over the growing number of young investors under 35 turning to cryptocurrencies as their first financial investment. FCA Chief Executive Nikhil Rathi warned that these assets are highly risky, with the potential for total financial loss. Speaking to MPs, Rathi noted ...

USD Coin (USDC) has reached a new all-time high, surpassing a market capitalization of 60 billion. Over the past three months, it has significantly outpaced its main rival, Tether (USDT), in growth, expanding its supply by 16.3 billion, while USDT’s supply increased by just 4.4 billion, according to data from ...

Worldwide Stablecoin Payment Network (WSPN) has introduced a cross-chain bridge in partnership with Meson.fi and Free Protocol, enabling seamless transfers of its WUSD stablecoin between Ethereum and Conflux. This development marks a major step in WSPN’s efforts to expand WUSD’s reach across multiple blockchain networks. The new bridge allows users ...

Bybit has launched Equity Trailing Stop, an automated tool designed to help traders manage risk and lock in profits.  Emphasizing its benefits, Bybit highlights the tool’s automated risk management, which integrates with trading bots and provides 24/7 market monitoring. Traders can adjust take-profit and stop-loss levels to reduce retracement risks ...

Crusoe Energy, a company that repurposes waste gas from oil production to power high-performance computing, is shifting its focus towards artificial intelligence by exiting the Bitcoin mining sector. On March 25, the company announced plans to sell its Bitcoin mining operations and digital flare mitigation business to New York Digital ...

Fidelity Investments, a major asset manager with $5 trillion in assets, is reportedly in the final stages of testing its stablecoin to function as cash in cryptocurrency markets. This development is part of Fidelity's broader expansion into digital assets, with the token managed through its digital assets division. Specific details ...

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable without taking any enforcement action, marking a significant moment for the Web3 gaming industry. In a statement released on March 26, Immutable confirmed that the SEC had decided against pursuing charges against the company, its IMX ...