An amended California bill that proposes protections for digital asset payments and self-custody is awaiting its first reading in the state legislature. On March 28, California’s Banking and Finance Committee chair Avelino Valencia amended Assembly Bill 1052, stripping out the original “Money Transmission Act” title and renaming it as “Digital assets.” The revisions fold in…
Gate.io, KuCoin, and MEXC are set to list Walrus’s WAL token later today, following its mainnet launch and token generation event. According to a recent official announcement, crypto exchange Gate.io will list Walrus (WAL) for spot trading against USDT on March 27 at 10:00 AM UTC. The token will be available exclusively on the Sui…
A rule to scrap a U.S. Internal Revenue Service rule targeting decentralized finance platforms has cleared the Senate, setting the stage for the president’s expected sign-off. On March 26, the Senate voted 70-28 in favour of repealing the controversial DeFi broker rule, which sought to expand tax reporting requirements for businesses in the sector. Earlier…
Telos has integrated with several platforms across the crypto ecosystem as it looks to unlock cross-chain liquidity and decentralized finance opportunities. The Telos Foundation announced the expansion via X, noting that Telos now leverages the technology and solutions of Stargate, BitGo, and Circle to enhance network security, accessibility, and liquidity. Specifically, Telos is tapping into…
Latin America-focused crypto trading and payments platform TruBit announced the launch of Earn+ powered by Morpho. Earn+ is a new feature that offers high-yield decentralized finance lending opportunities to users across Latin America. The integration aims to democratize access to passive income tools by combining a user-friendly experience of centralized finance with the yield-optimized engine…
Echos, the artificial intelligence platform for agentic tokens, is shutting down. On March 27, the AI agent platform, developed by Cosmos based liquid staking platform Stride, notified its community that operations will cease on May 1, 2025. Echos, which launched in beta in November 2024, cited low adoption as the main reason for its closure….
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. People might wonder why trust in crypto’s decentralized nature remains a challenge after so many years. While its unpredictable system may attract some risk-tolerant investors, it raises a red flag for more…
The Aave community has voted to allow the adoption of Chainlink’s Smart Value Recapture feature as the protocol looks to reclaim millions in maximum extractable value lost to oracles. Aave (AAVE) a top decentralized finance protocol, has integrated the Smart Value Recapture on the Ethereum (ETH) mainnet. This follows an on-chain vote by the community. Chainlink…
Law enforcement in India has arrested five suspects who allegedly duped a businessman out of roughly $700,000 via a fake cryptocurrency trading platform. According to local media, the five suspects, including one woman, were taken into custody following an investigation by the cybercrime wing of Odisha’s Crime Branch. The accused reportedly ran a scam using…
Credora Network announces the launch of a consensus-based risk ratings on Morpho, one of the fastest-growing DeFi lending platforms. Credora Network’s announcment represents the first time a decentralized protocol has received third-party risk assessments from a collaborative network of industry experts, the company said in a press release obtained by crypto.news. Credora’s integration with Morpho…
