06:30 2025-03-26
Strategy insiders buy its newly launched preference shares, involving company CEOs, CFOs and other executivesOn March 26, according to the Securities Exchange Commission disclosure document, several Strategy (formerly MicroStrategy) insiders bought its newly launched preference shares, involving the company's CEO, CFO and other executives, among which CEO Phong Le bought 6,000 preference shares at a price of $85, Chief Financial Officer Andrew Kang bought 1,500 shares, and General Counsel Wei-Ming Shao bought 500 shares.
Strategy previously announced that it will issue 5 million Series A Perpetual Stri...
06:27 2025-03-26
Peter Thiel-backed Plasma launches "HotStuff consensus" to enable high-frequency global stablecoin transfersAccording to CoinDesk, crypto startup Plasma recently revealed the technical features of its stablecoin-specific blockchain, which uses a "HotStuff-inspired" consensus mechanism and promises to enable fast and efficient global stablecoin transfers.
HotStuff consensus is a Byzantine fault-tolerant (BFT) mechanism that allows the system to reach consensus even if some nodes fail or behave maliciously. Unlike traditional BFT systems, where each node needs to confirm multiple times back and forth, t...
05:54 2025-03-26
The North Carolina bill would add cryptocurrencies to the state retirement systemNorth Carolina lawmakers have introduced two bills in the House and Senate that could allow the state treasurer to allocate as much as 5 percent of various state retirement funds to cryptocurrencies such as bitcoin.
The House Bill 506, introduced by Rep. Brenden Jones on March 24, would create a separate investment agency under the state Treasury.
05:29 2025-03-26
ETF experts comment on the end of the Ripple case: approval of the XRP ETF is only a matter of timeOn March 26th, Nate Geraci, president of The ETF Store, said on the social platform that the end of the Ripple case means that the approval of the spot XRP ETF is obviously only a matter of time. BlackRock, Fidelity and others are expected to participate.
XRP is currently the third largest non-stablecoin crypto asset by market cap. The largest ETF issuers will not ignore this.
Previously, Ripple agreed to waive the cross appeal, and the SEC will keep 50 million of the $125 million fine.
05:26 2025-03-26
Custodia partners with Vantage Bank to launch "first bank-issued stablecoin"Custodia Bank has partnered with Vantage Bank to complete what the two companies call "the first bank-issued stablecoin in the US" on a permissionless blockchain.
Custodia said on March 25 that it has tokenized US dollar demand deposits and facilitated the issuance, transfer and exchange of the stablecoin "Avit" on Ethereum through the ERC-20 token standard.
Mr. Castodia added: "New dollar payment channels have now been launched within the US banking system."
Catelyn Long, CEO of Custodia...
04:41 2025-03-26
Celo developers complete Ethereum Layer 2 conversion nearly two years after initial proposalCelo developers completed the Ethereum Layer 2 conversion nearly two years after the original proposal, which was originally a separate Layer 1 blockchain and has completed its conversion to the Ethereum Layer 2 network.
The official switch on the mainnet took place at around 11pm EST on Tuesday, with the hard fork occurring at block height 31,056,500. Block production for Celo L1 stopped at that point, and the network fully transitioned to Layer 2. The project's core developer, CLabs, first pro...
04:29 2025-03-26
Curve founder suspected to sell 1 million CRV again, cash 515,000 dollarsAccording to Spot On Chain, Curve Finance founder Michael Egorov appears to be selling CRV tokens again. Data shows that 18 hours ago, Egorov transferred 1.997 million CRV tokens to the wallet address "0x5a8", worth about 1.03 million dollars. Subsequently, the wallet sold 1 million CRVs at an average price of 0.515 dollars, earning 515,058USDC. The wallet still holds 997,000 CRV tokens, worth about 514,000 dollars.
