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News Bytes – 5

Metaplanet Acquires Additional 150 Bitcoin, Total Holdings Reach 3,200

Metaplanet Acquires Additional 150 Bitcoin, Total Holdings Reach 3,200Tokyo Stock Exchange-listed company Metaplanet Inc. has announced the acquisition of an additional 150 BTC as part of its ongoing Bitcoin Treasury operations, bringing its total bitcoin holdings to 3,200. The latest purchase was made at an average price of approximately $83,706 (12,526,226 yen) per bitcoin, totaling approximately $12.53 million (1.879 billion yen). The company […]

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ZKsync Sunsets Ignite, Its Liquidity Rewards Program, Amid Market Challenges

ZKsync Sunsets Ignite, Its Liquidity Rewards Program, Amid Market ChallengesThe ZKsync Ignite program will be discontinued after its first season, with the DeFi Steering Committee (DSC) announcing that rewards will cease on March 17, 2025. The decision is driven by a strategic shift towards focusing resources on the Elastic Network, which is seen as essential for the long-term vision of ZKsync. The DSC noted […]

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Telegram Founder Pavel Durov’s Passport Returned by French Authorities

Telegram Founder Pavel Durov’s Passport Returned by French AuthoritiesThe TON Foundation has announced the return of Pavel Durov‘s passport by French authorities, allowing him the freedom to leave the country at his discretion. This development is viewed by the foundation as a significant resolution for Durov, the founder of Telegram, which boasts nearly a billion users globally. The foundation expressed its ongoing commitment […]

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Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment Solutions

Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment SolutionsIn a strategic move to enhance its enterprise payment solutions, crypto payments company Moonpay has acquired Iron, a startup specializing in stablecoin infrastructure, for at least $100 million. This acquisition, announced on March 13, 2025, marks Moonpay’s second significant purchase this year, following its acquisition of Helio in January. With Iron’s API-driven technology, Moonpay aims […]

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Hemi Launches Mainnet With $440M TVL, Unifying Bitcoin and Ethereum in a New DeFi Supernetwork

Hemi Launches Mainnet With 0M TVL, Unifying Bitcoin and Ethereum in a New DeFi SupernetworkHemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, […]

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OKX Secures MiFID II License in Europe, Expanding Offerings for Institutional Clients

OKX Secures MiFID II License in Europe, Expanding Offerings for Institutional ClientsOKX has announced the acquisition of a Markets in Financial Instruments Directive (MiFID II) license, marking a significant milestone in its growth strategy in Europe. This license, pending regulatory approval, will enable the exchange to launch derivative products and services tailored for institutional clients across the region. The announcement was made during an event in […]

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Starknet Unveils Plan to Unify Bitcoin and Ethereum, Enhancing Bitcoin’s DeFi Functionality

Starknet Unveils Plan to Unify Bitcoin and Ethereum, Enhancing Bitcoin’s DeFi FunctionalityStarknet has announced its ambitious plan to become the first Layer 2 solution to unify Bitcoin and Ethereum, aiming to enhance bitcoin’s functionality and scalability while preserving its core principles of decentralization and trustlessness. The initiative includes the integration of the Bitcoin wallet Xverse with Starknet, allowing users to utilize Bitcoin assets on the platform […]

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Line Partners With Sony’s Soneium to Launch Blockchain Mini-Apps for 200 Million Users

Line Partners With Sony’s Soneium to Launch Blockchain Mini-Apps for 200 Million UsersLine, Japan’s largest social media network, has announced a partnership with Sony’s recently launched “Soneium” blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem. Soneium, which has quickly gained traction with […]

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Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Strengthening Institutional Crypto

Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Strengthening Institutional CryptoThe Singapore Exchange (SGX) is set to make a significant entry into the cryptocurrency derivatives market by introducing bitcoin perpetual futures in the second half of 2025, as reported by Bloomberg. This strategic move aims to cater to the rising institutional interest in digital assets, providing a regulated platform for trading. However, the launch is […]

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Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK

Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UKKraken has announced that it has officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This milestone is set to accelerate Kraken’s growth plans in the U.K. and enable the launch of new products and services tailored to the needs of local clients. The EMI license empowers Kraken to […]

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