Author: James Wilson
In a speech delivered today at the U.S. Monetary Policy Forum in New York City, Federal Reserve Chair Jerome Powell emphasized the central bank’s cautious approach amid prevailing economic uncertainties. Powell reiterated the Federal Reserve’s readiness to maintain current interest rates, adopting a “wait and see” stance as it monitors the impacts of recent policy changes and economic indicators. “We do not need to be in a hurry, and are well positioned to wait for greater clarity,” he said. Powell highlighted the robustness of the U.S. labor market, noting that employers added 151,000 jobs in February, bringing the average monthly…
BNB Chain’s upgrade brings better EVM compatibility and developer flexibility and will go live on the mainnet on March 20. BNB Chain’s Pascal hardfork, an upgrade set to bring several enhancements to the blockchain network, will deploy on the mainnet this March. Per an announcement, this upgrade should be going live in about two weeks’ time — specifically, it’s on March 20. Why is BNB Chain’s Pascal hardfork important? The mainnet activation of the latest BNB Chain upgrade follows the BNB-powered blockchain’s testnet release of the hardfork in February 2025 (BNB). While the developer team initially highlighted a tentative mainnet…
RedStone token’s trading volume is up over 2000% after the airdrop restructuring. According to RedStone’s (RED) recent official announcement on X, it has recently made a major change to the RED airdrop selection process and distribution. RedStone launched the first Miner airdrop with 5% of the total token supply, distributing it to users who met the original criteria. However, after reviewing feedback and participation, RedStone decided to allocate an additional 2% of the total RED supply from its “ecosystem and data providers” pool. The eligibility rules were expanded to include more participants, and selections were based on “proof of participation,”…
Jake Chervinsky, a lawyer and chief legal officer at digital asset manager Variant, says the United States can do more than a strategic Bitcoin reserve or crypto stockpile if it truly wants to be the crypto capital of the world. According to Chervinsky, having a strategic Bitcoin (BTC) reserve and digital asset stockpile could be great for the U.S. However, he believes this alone will not make the country the crypto capital of the world. There’s much more that needs to be done and got right for President Donald Trump’s quest to make the U.S. a global crypto capital to…
Documents released by U.S. law enforcement have unveiled that Chris Larsen, co-founder of Ripple, fell victim to a cryptocurrency theft in January 2024 due to LastPass failures. Approximately 283 million XRP (XRP), valued at around $150 million at the time, were stolen due to compromised private keys stored in the password manager LastPass, which had suffered a major data breach in 2022. All these findings are a result of investigations by ZachXBT. Chris Larsen is best known for co-founding Ripple Labs in 2012. Larsen acknowledged the attack back in 2024. Yesterday, there was unauthorized access to a few of my…
White House AI and Crypto Czar David Sacks addressed speculation on possibly including altcoins in a crypto reserve. Last weekend, President Donald Trump spoke about (XRP), Solana (SOL), and Cardano (ADA) as part of a U.S. crypto strategic reserve. The tokens and other digital assets surged to double-digit gains as billions flowed into cryptocurrencies. Debates broke out after Trump’s announcement, as many scrutinized the decentralization and value proposition of these altcoins. For most, a reserve exclusively denominated in Bitcoin (BTC) is the best route. Some surmised that Ethereum (ETH) should be the obvious choice if an altcoin must feature in…
Could DeFi survive under outdated financial regulations? Experts suggest that forcing decentralized platforms into compliance models designed for banks would have been disastrous, proving why policymakers must rethink their approach. Senate votes to repeal IRS rule The U.S. government’s long-running tension with decentralized finance has reached another crucial moment. On Mar. 4, in a rare display of bipartisan agreement, the Senate overwhelmingly voted 70–27 to repeal an IRS rule that would have imposed traditional financial reporting requirements on decentralized exchanges and DeFi protocols. Had it taken effect, the rule would have forced developers and DeFi platforms to report crypto transactions…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Jupiter, Lightchain AI, and Near Protocol are gaining attention for their superior value over Shiba Inu as the market rebounds. Jupiter, Lightchain AI, and Near Protocol are being touted by crypto experts as having a better value offering than Shiba Inu (SHIB) as the market bounces back. Lightchain AI has already raised over $17.1 million at a presale price of $0.006, making it a standout project in the blockchain space with its revolutionary AI and blockchain integration. While Shiba…
Unichain, a decentralized finance layer 2 solution developed by Uniswap Labs, is focused on the launch of a new validation network. As an on-chain decentralization feature, the validation network adds another layer of finality to the network. It also cuts the risks of the network running conflicting blocks as well as contribute to Unichain’s DeFi growth. The Unichain team announced this on Mar. 7, revealing the plans are part of its roadmap. Notably, Uniswap (UNI) launched Unichain mainnet in February, fulfilling a target set for the first months of 2025. Ahead of this milestone, the DeFi-focused platform’s developers hinted at…
Zhang Chi, also known as Zoroo, the founder of Yescoin — a mini-game project within the Telegram Open Network ecosystem — was detained by Shanghai police. This detention followed a business dispute with his partner, identified as Wang Mouxin or ‘OldWang.’ The disagreement, initially a civil matter, has escalated into a criminal case, raising concerns within the Yescoin community. Yescoin, operating within the TON (TON) ecosystem, tries to integrate blockchain technology with gaming, offering users a decentralized platform for mini-games. The project has garnered attention for its innovative approach to combining gaming with blockchain, attracting a diverse user base…