Day: March 26, 2025

Google Play blocks access to 17 unregistered exchanges in South Korea

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Google Play implemented access restrictions to 17 unregistered overseas crypto exchanges catering to local users in South Korea at the request of the country’s regulators.  On March 21, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission (FSC) said it was considering sanctions against operators that did not report to the relevant authorities. Authorities require virtual asset service providers (VASPs) to report to regulators under the country’s Specified Financial Information Act.  At the time, the FIU said it was coordinating with the Korea Communications Standards Commission (KCSC),…

Solana’s ‘early stage bull market’ hints at 65% SOL price gains by April

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Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins. Technicals show 65% SOL price rally in play As of March 26, SOL’s price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms when the price consolidates inside a range defined by two converging, descending trendlines. Meanwhile, the pattern resolves when the price breaks above the upper trendline. SOL/USD daily price chart. Source: TradingView Solana broke above the…

Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchanges

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Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback. Is the Bitcoin bull run about to resume? Bitcoin exchange outflows hit 7-month high Bitcoin is making another attempt at a technical breakout above $90,000 as supply on exchanges continues to decrease. Bitcoin: Net flow to exchanges. Source: Glassnode A closer look at the data reveals that a huge chunk…

KYC Uniswap integration deployed by PureFi, but not everyone is convinced

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Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering (AML) integration for the Uniswap decentralized exchange (DEX). According to a recent announcement shared with Cointelegraph, PureFi claims that its ZK-proof-based KYC and AML integration for Uniswap helps address security and compliance concerns at the protocol level. While the integration can be implemented as part of any Uniswap v4 pool, it was deployed as part of the PureFi DEX Uniswap implementation, replacing standard interfaces with custom compliance routers. The new decentralized finance (DeFi) platform…

Ethereum devs prepare final Pectra test before mainnet launch

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Ethereum developers are under pressure as the Pectra upgrade rolls out to a new testnet following several unexpected issues that have delayed its deployment to the mainnet. The Pectra upgrade, which was expected to hit the Ethereum mainnet in March, was deployed into the network’s Holesky testnet on Feb. 24. However, the upgrade failed to finalize on the network, prompting developers to investigate and address the causes.  On March 5, the update was rolled out to the Sepolia testnet. However, developers again encountered errors, which were made worse by an…

Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’

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Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 report by the Financial Times citing anonymous sources familiar with the matter. The stablecoin development is reportedly part of the asset manager’s wider push into crypto-based services. Fidelity is also launching an Ethereum-based “OnChain” share…

Google releases new AI model as ChatGPT retains 43% market share

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Google introduced Gemini 2.5, its latest experimental artificial intelligence model; it ranked second in a competitive leaderboard for AI-driven web development tools. On March 25, Google announced that it will allow developers to try out Gemini 2.5 Pro. The company described it as a thinking model, capable of reasoning through thoughts before responding. Google said this improves both accuracy and performance, particularly in coding, science and math tasks. It said Gemini 2.5 can support more context-aware agents.  Citing self-reported data compiled by the AI benchmarking platform LMArena, Google shared that…

IMX surges 15% after Immutable says SEC ended probe

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The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action. The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm announced that the SEC shut its inquiry without any breach of violations, which Immutable said closed “the loop on the Wells notice issued by the SEC last year.”  IMX matched crypto market downtrend It is…

Ben ‘Bitboy’ Armstrong lands in jail for allegedly sending threatening emails to a judge

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Key Takeaways Ben Armstrong was arrested in Florida for sending harassing emails to a judge. This is Armstrong’s second arrest related to separate incidents. Share this article Ben Armstrong, widely known as ‘Bitboy,’ was arrested in Volusia County, Florida, Tuesday night and is currently being held without bail, according to jail records. Armstrong was taken into custody on a fugitive warrant, which likely resulted from emails he sent to a judge during his self-representation in court. He had mentioned the warrant on X days before being taken into custody. I…

North Carolina bills would add crypto to state’s retirement system

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North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin. The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state’s Treasury to determine which digital assets could be suitable for inclusion into the state retirement funds. An identical bill, the State Investment Modernization Act (Senate Bill 709), was introduced into the state’s Senate on March…