Author: Isabella Taylor

The World Gold Council has proposed plans to develop a platform that will change how the metal operates in digital financial systems. Summary World Gold Council has proposed a “Gold as a Service” platform aimed at standardizing and scaling tokenized gold products across digital financial systems. The model seeks to link physical gold custody with digital issuance frameworks while streamlining processes such as compliance, reconciliation, and redemption. In a white paper released on March 18, the World Gold Council outlined plans for a proposed “Gold as a Service” platform that would “support the issuance and operation of scalable, interoperable digital…

Ethereum price has fallen by over 35% since the beginning of this year. However, a bullish pattern forming on charts now suggests a potential bounce back to earlier levels if confirmed. Summary Ethereum remains down over 35% year to date, trading near $2,172 amid macro pressure from geopolitical tensions, inflation risks, and a hawkish Fed outlook. A cup and handle pattern has formed on the daily chart, with a breakout above $2,400 potentially opening the path toward $3,000. Institutional sentiment shows early recovery signs with $302.8 million in ETF inflows this month, though momentum indicators still reflect weak bullish strength.…

Britain’s company register has moved to dissolve cryptocurrency exchange Zedxion, accused of processing funds for Iran’s Islamic Revolutionary Guard Corps. Summary Britain’s Companies House has moved to dissolve Zedxion after findings linked the exchange to IRGC-connected transactions and misleading incorporation details. TRM Labs estimates show Zedxion and Zedcex processed around $1 billion in funds tied to the IRGC, with exposure rising to 87% of volume in 2024. According to a notice published on its website, Britain’s company register, Companies House said Zedxion has been shut down due to “information or a statement in an application for incorporation that is misleading,…

Decentralized social platform Bluesky has disclosed that it had raised $100 million in a Series B round back in April 2025. Summary Bluesky disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, with backing from multiple venture and institutional investors. The platform has grown its user base from 13 million to over 43 million since its Series A, alongside expansion of its AT Protocol ecosystem. According to the official announcement, the round was led by Bain Capital Crypto, while other notable investors include Anthos Capital, Bloomberg Beta, Knight Foundation, Alumni Ventures, and True Ventures. Bluesky…

Gemini shareholders have targeted the crypto exchange through a new class action lawsuit alleging that it misled investors during and after its initial public offering. Summary Gemini has been hit with a class action lawsuit in New York alleging it misled investors in its IPO filings about its business strategy. Plaintiffs claim the firm shifted to a prediction markets model, cut 25% of staff, and exited key international markets shortly after listing. Shares have fallen sharply since the IPO, with investors alleging losses tied to what they describe as artificially inflated prices. Filed in New York, the class action lawsuit…

The FBI has issued a warning about a fake token on the Tron blockchain that is impersonating the agency to trick users in a crypto phishing scam. Summary FBI warns of fake Tron tokens impersonating the agency and claiming wallets are under investigation. Users are directed to fraudulent websites demanding AML verification to avoid asset freezes. Token has reached at least 728 wallets, with some holding over $1 million in USDT. FBI’s New York Field Office issued a message on Thursday warning that scammers were sending tokens to users to siphon personal information under the pretence that the recipient’s wallet…

Bitcoin sinks below $71k as Powell’s hawkish tone and Iran’s oil shock trigger a $542M liquidation wave across leveraged crypto markets. Summary Bitcoin drops to about $71,313, Ethereum to $2,201, as crypto and stocks sell off on Fed projections and oil shock fears. Powell flags oil-driven inflation, keeps just one 2026 rate cut in the dot plot, crushing hopes for easier policy and triggering a risk-off move. Over $542M in mostly long liquidations and Brent above $110 show how leveraged crypto positioning collides with Iran-driven energy turmoil. Crypto markets extended their slide into Thursday as the combined aftershock of the…

Fed unveils a 90-day comment plan to ease Basel III and G-SIB capital rules, modestly cutting requirements for large banks and more for regional lenders. Summary Fed launches a 90-day comment period on proposals that slightly lower capital requirements for large banks and more materially for smaller regionals. Bowman’s “four pillars” overhaul spans stress tests, eSLR, Basel III and G-SIB surcharges, aiming to free credit and shareholder payouts without scrapping post-2008 safeguards. Industry groups cheer the recalibration as growth-friendly, while critics warn easing buffers amid oil shocks and higher-for-longer rates risks weakening prudential defenses. The Federal Reserve voted Thursday morning…

Coinbase Commerce’s seed phrase withdrawal page is drawing fierce criticism from security researchers, who warn it normalizes typing 12-word recovery phrases into a website just days before the March 31 shutdown deadline. Summary A Coinbase Commerce subdomain at withdraw.commerce.coinbase.com/seed-phrase asks merchants to type 12-word seed phrases into a plain-text web form to recover funds. SlowMist’s Cos, CISO 23pds and on-chain sleuth ZachXBT say the page and its cloneable front end create a powerful phishing template, especially as Commerce is wound down into Coinbase Business by March 31, 2026. Critics argue the flow trains users to ignore the industry rule to…

The dollar index fell below 100 as traders sold the greenback after the Fed meeting, with USD/JPY sliding on rising BOJ hike and intervention risks and mixed signals for emerging markets and Bitcoin. Summary DXY slid 0.5% to 99.79 and USD/JPY dropped 1% to 158.22 as traders unwound crowded dollar longs after the Fed flagged sticky inflation but acknowledged rising macro uncertainty. Markets now eye a possible BOJ move toward 1% and FX intervention if USD/JPY threatens 160, shifting rate divergence away from a one-way dollar trade. A weaker dollar gives only limited relief to crypto, with Bitcoin still down…