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nilodean6

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888 BNB market cap at $270K. CZ recently highlighted it. Personally recommend a quick in-and-out strategy. Keep a close eye on stops and targets. Monitor the charts and manage risk accordingly. DYOR. #BNB #Crypto #Trading
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Aztec building
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BlackRock’s tokenized money market fund has expanded to the Solana blockchain as its market capitalization approaches the $2 billion mark.
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On March 25, Carlos Domingo, the founder and CEO of real-world asset (RWA) tokenization platform Securitize, welcomed the Solana network to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This marked the tokenized money market fund’s expansion to another blockchain network.
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BlackRock launched BUIDL in March 2024 in partnership with Securitize. In a Fortune report, Securitize chief operating officer Michael Sonnenshein said the fund aims to make offchain assets “unboring.”
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The executive said they are advancing some of the deficiencies of money markets in their traditional formats.
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On March 5, Sygnum announced the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, one of the world’s largest derivatives exchanges in crypto.
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Cryptocurrency banking firm Sygnum is partnering with crypto derivatives exchange Deribit, providing its off-exchange custody platform, Sygnum Protect.
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Today in crypto, Bitcoin’s growing active addresses may signal an incoming turning point for the crypto market after the latest correction, the Ethereum Foundation announced new leadership, and US President Donald Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation.
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Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.
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Blockchain ecosystems like Ethereum and Polkadot are prime examples of how decentralized technologies can enable a wide range of real-world use cases, from financial transactions to community-driven projects. This same principle can be applied to internet infrastructure, creating networks immune to corporate gatekeeping and censorship.
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When it comes to purchasing Bitcoin, Canadians and other residents have several options. Canadians can buy Bitcoin on a centralized exchange (CEX), a decentralized exchange (DEX), via a non-custodial wallet or a Bitcoin ATM.
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The parents of former FTX CEO Sam “SBF” Bankman-Fried are reportedly exploring the possibility of a presidential pardon for their son, who was sentenced to 25 years in prison last March.
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Judge John Koeltl said he would rule on Binance’s motion to dismiss “at a later date.” At the time of publication, it did not appear as though the governments of Syria or Iran had responded to the lawsuit.
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Zhao ended up serving four months in federal prison following his guilty plea, while Binance reached a $4.3-billion settlement with US authorities. The exchange still faces a civil suit filed by the US Securities and Exchange Commission in June 2023.
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One of the arguments the plaintiffs made included CZ pleading guilty in November 2023 — several weeks after the Hamas attacks — for failure to maintain an effective Anti-Money Laundering program while running the crypto exchange. They alleged that Binance was responsible for violating US sanctions and banking laws by failing to report crypto transactions tied to terrorist groups.
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“The best Plaintiffs can muster is that Hamas and other terrorists rely on cryptocurrency to fund their operations,” said lawyers representing Binance and CZ in the motion to dismiss. “This is plainly insufficient.”
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https://warpcast.com/nilodean6/0x22fca75f
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Yet now, even the IMF has acknowledged that many of the feared risks have not materialized. And while Bukele’s grand Bitcoin vision has been scaled back in some ways, his government’s Treasury purchases have continued steadily—now accounting for roughly 15% of El Salvador’s total national reserves, or nearly $600 million.
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While El Salvador is widely regarded as one of the most crypto-friendly nations in the world, crypto firms say access to traditional banking has remained a major roadblock for the ecosystem. However, with Trump’s potential return to the White House as a pro-crypto president—and his appointment of a crypto and AI czar—optimism is growing that momentum is shifting in the industry’s favor after years of regulatory headwinds.
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