Crypto News Weekly
March 10th 2025
March 4 – March 11
Regulatory & Political Developments
⚫️ US Housing Dept. Explores Blockchain: ProPublica reports consideration of crypto use.
⚫️ Utah Crypto Bill Advances: Removes Bitcoin reserve provision.
⚫️ El Salvador Holds 6,111 BTC: Continues accumulation despite IMF pressure.
⚫️ Trump’s Crypto Pledge: Vows to sign stablecoin legislation before August, end debanking.
⚫️ Trump Establishes Bitcoin Reserve: Orders BTC held as a strategic asset akin to Fort Knox.
Exchanges & Corporate Moves
⚫️ Kraken Plans IPO: Targeting Q1 2026.
⚫️ Arkham Tags Crypto ‘Key Opinion Leaders’: Tracks X users with 100K+ followers.
⚫️ Ripple Co-Founder Chris Larsen Hacked: Over $100M in XRP stolen, tied to LastPass breach.
Blockchain & Infrastructure
⚫️ Base Acquires Iron Fish Team: Focus on privacy-preserving blockchain features.
⚫️ Solana Validators to Vote on SIMD-228: Proposal impacts network inflation.
⚫️ Sam Altman’s World App Expands: Adds crypto payments and chat functions.
Investment & DeFi
⚫️ a16z Crypto Backs Seismic: Leads $7M round for encrypted blockchain dev.
⚫️ Bitwise & Maple Finance Partner: Offering DeFi & on-chain credit to institutions.
⚫️ Libre Brings Institutional Funds to Injective: Backed by BlackRock, Nomura.
⚫️ David Sacks Criticizes US BTC Sales: Calls out past government handling.
⚫️ JPMorgan on Crypto Reserves: Sees <50% chance of approval.
⚫️ Skate Launches Cross-Chain AMM: Unified liquidity across Solana, Ethereum, SUI, TON & more.
Legal & Security
⚫️Yescoin Founder Arrested in Shanghai: Due to business dispute.