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New Developments Happening in the Blockchain Space: 28-03-2025

Posted by Simon Keighley on March 28, 2025 - 8:36am

New Developments Happening in the Blockchain Space: 28-03-2025

New Developments Happening in the Blockchain Space 28-03-2025


Bitcoin sidechains will drive BTCfi growth

BTCfi is set to surge. Bitcoin DeFi cannot be ignored. Sidechains will bring new use cases and opportunities without compromising the base layer’s integrity.

The article discusses the growing role of Bitcoin sidechains in the evolution of Bitcoin decentralized finance (BTCfi). As Bitcoin outgrows its traditional "digital gold" narrative, sidechains are enabling BTC to participate in Ethereum-style DeFi ecosystems without altering the base layer. These innovations, such as staking, lending, and derivatives, unlock new use cases for Bitcoin holders. While the sector remains early in its development, substantial growth is expected, with predictions of a $44-$47 billion market by 2030. Bitcoin sidechains are poised to drive the BTCfi revolution, offering Bitcoin holders more utility and yielding opportunities aligned with Bitcoin’s principles. Source:


 

Crypto Startups Should Be Allowed to Raise Money With NFTs, Says SEC Leadership

Commissioner Hester Peirce said Friday NFTs could be the next crypto sector the agency addresses with an exemptive statement.

SEC Commissioner Hester Peirce recently discussed the potential for crypto projects, such as Stoner Cats, to raise funds through NFTs without being subject to securities regulations. Peirce suggested that the SEC might issue an exemptive statement for NFTs, similar to recent clarifications regarding proof-of-work mining. NFTs tied to digital art or offering perks, like membership access or royalties from secondary market transactions, could be considered non-securities. However, Peirce clarified that not all NFTs would be exempt, particularly those structured as tokenized securities. This shift is supported by both the SEC and some members of Congress, as legislation to protect NFT fundraising activity progresses. Source


 

DePIN ecosystem tackles file-sharing challenges, proceeds to offer a new solution

Complex setup, slow retrieval and high costs hampered decentralized file sharing for so long, but a simpler, cost-savvy solution has arrived.

The article discusses how GAIMIN Cloud addresses the challenges of decentralized file sharing, such as complex setup, slow retrieval times, and high costs. By leveraging a network of high-performance gaming PCs, GAIMIN Cloud offers a simpler, faster, and more cost-effective solution compared to traditional centralized providers. The platform automates file distribution and retrieval, reducing the complexity typically associated with decentralized systems. Additionally, it significantly lowers cloud storage costs by utilizing idle computing resources. GAIMIN Cloud is positioned as a practical, user-friendly solution for businesses in industries like gaming, AI, and content distribution, offering enhanced speed, reliability, and scalability without compromising cost or performance. Source


 

Coinbase in talks to buy derivatives exchange Deribit: Report

US crypto exchanges are doubling down on derivatives offerings as crypto futures and options surge in popularity.

Coinbase is reportedly in advanced talks to acquire Deribit, the world’s largest platform for trading Bitcoin and Ether options. The acquisition would enhance Coinbase's derivatives offerings, which currently focus on futures. Deribit, which also offers options, futures, and spot cryptocurrencies, had $1.2 trillion in trading volume last year and holds a license in Dubai, which would need to be transferred to Coinbase if the deal goes through. With cryptocurrency derivatives like futures and options gaining popularity, Coinbase’s move follows a broader trend in the market, exemplified by Kraken’s planned $1.5 billion acquisition of NinjaTrader. Source


 

Metaplanet Appoints Eric Trump to Newly Formed Strategic Advisory Board

Metaplanet has named Eric Trump as the first member of its new Strategic Board of Advisors, part of its push to expand Bitcoin "adoption."

Metaplanet Inc., a Japanese investment firm, has appointed Eric F. Trump, son of former U.S. President Donald Trump, to its newly created Strategic Advisory Board. Eric Trump’s appointment is aimed at leveraging his expertise in real estate, finance, and brand development to support Metaplanet's mission of driving Bitcoin adoption. The company, now holding 3,050 BTC, has set ambitious targets to acquire 10,000 BTC by 2025 and 21,000 BTC by 2026. This move is part of Metaplanet’s goal to become a global leader in the Bitcoin economy. Following the announcement, Metaplanet’s share price saw a 17.37% increase. Source


 

The Markethive Wallet: A Pathway to Financial Freedom for Entrepreneurs

The Markethive Wallet is an advanced financial management solution within the Markethive ecosystem, designed to optimize business operations for entrepreneurs. It tracks a wide range of transactions, including micropayments, staking rewards, and loan-related activities, while facilitating secure distribution and redemption of Promo Codes. This wallet acts as a centralized hub for all economic activities, providing a transparent and secure platform to manage digital assets like Markethive Credits and Hivecoin (HVC). It also supports loan transactions, offering users an organized way to track funds and payments through the Incentivized Loan Program (ILP). Markethive integrates a variety of cryptocurrencies, including Bitcoin and Solana, while offering dual wallet options for enhanced security through hot and cold storage balances.

The Markethive Wallet goes beyond traditional financial tools by offering access to a variety of platform services, such as premium upgrades, advertising tools, and trading opportunities in the E1 and ILP exchanges. It also features a unique Promo Code system, including Vanity Promo Codes that users can personalize to enhance their marketing reach. With robust security protocols, including encryption and multi-factor authentication, the wallet ensures the safety of user assets. Additionally, Markethive encourages community-building through features like Supergroup-specific Promo Codes and a variety of rewards that incentivize users to grow their businesses within the platform. The wallet is a powerful tool for entrepreneurs seeking financial autonomy and success in the digital economy. Source


 


Trump Aides Look To Reform USAID With Blockchain For 'Transparency': Report

A purported DC proposal to rename the humanitarian agency includes a plan to use blockchain for “innovation and efficiency.”

Trump administration officials have proposed a major overhaul of U.S. foreign aid programs, including renaming the U.S. Agency for International Development (USAID) to the U.S. Agency for International Humanitarian Assistance. This proposal, which would place the agency under the Secretary of State's authority, includes a plan to incorporate blockchain technology to improve the security, transparency, and traceability of aid distributions. The initiative aims to modernize the agency's operations, increase accountability, and focus on measurable outcomes through third-party metrics rather than self-reporting. The reforms would also streamline USAID's scope, focusing on global health, food security, and disaster response. While some changes could be made via executive action, major structural shifts would likely require congressional approval. Source


 

Ethereum co-founder Joe Lubin on the future of Ethereum — DAS

Joe Lubin said Ethereum's robust security and established network free up developers to build on the layer-1 rather than bootstrapping.

In an interview at the Digital Asset Summit, Ethereum co-founder Joe Lubin expressed optimism about the future of the Ethereum ecosystem, emphasizing the critical role of layer-2 (L2) scaling networks like Linea and the upcoming MegaETH. He highlighted Ethereum's mature infrastructure and robust security, which allow developers to focus on building advanced applications and next-generation databases on L2 networks rather than creating new layer-1 chains to compete with Ethereum. However, despite these advancements, investors have raised concerns about L2 networks draining revenue from the base layer, especially after the Dencun upgrade in March 2024 reduced transaction fees by 95%, causing a 99% drop in Ethereum's layer-1 revenue by September 2024. This has coincided with a declining Ether (ETH) price, hitting a low of $1,759 on March 11, 2025, and significant outflows from Ether ETFs, reflecting broader market uncertainty. Source


 

‘It’s Over’ – XRP Rallies As SEC Ends Its Lawsuit Against Ripple According to CEO Brad Garlinghouse

The U.S. Securities and Exchange Commission (SEC) has officially ended its lawsuit against Ripple Labs, according to CEO Brad Garlinghouse. The SEC had originally filed the lawsuit in December 2020, accusing Ripple of selling unregistered securities. In a video update, Garlinghouse declared that the case was "over" and described it as a significant victory for Ripple, which he believes was always on the right side of the law. He criticized the SEC for using the lawsuit as a tool to stifle the crypto industry, resulting in $15 billion in losses for innocent XRP holders. Following the announcement, XRP saw a 13% rally, trading at $2.53. Source


 

Arthur Hayes-Backed Ethena Labs Announces New Blockchain With Tokenization Firm Securitize

Ethena Labs, backed by BitMEX founder Arthur Hayes, is launching a new Ethereum Virtual Machine (EVM) blockchain called Converge, in partnership with the tokenization firm Securitize. The Converge blockchain will cater to both retail and institutional investors, with Ethena migrating its $6 billion decentralized finance (DeFi) ecosystem onto the platform. Securitize, which has already tokenized nearly $2 billion in real-world assets (RWAs), plans to issue both existing and future tokenized assets on Converge. The project aims to create a go-to settlement layer for institutional-grade DeFi and tokenized assets, bridging traditional finance with decentralized finance. The launch is seen as an opportunity to attract traditional finance institutions into the crypto space, especially as regulatory clarity around digital assets increases. Source


 

Trust Wallet Tops Crypto Wallet Downloads for March 2025

Trust Wallet has become the most downloaded crypto wallet in March 2025, according to third-party data from Sensor Tower, capturing over 35% of the market share. Its rapid growth is driven by user-friendly features, advanced tools for experienced users, and a strong focus on security and innovation. Key offerings include a streamlined interface, built-in MEV protection, support for over 100 blockchains, and industry-leading security features, providing users full control over their digital assets. Trust Wallet's mission is to bridge the gap between Web2 ease and Web3 autonomy, making decentralized finance (DeFi) more accessible and supporting the mainstream adoption of Web3. With nearly 200 million total downloads, Trust Wallet continues to reshape the crypto wallet space, prioritizing usability and security for millions of global users. Source


 

Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.

Featured Image Source: Pixabay

 

 

 

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