Crypto News Weekly

March 10th 2025

March 4 – March 11

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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.

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