1. GameStop Purchases Bitcoin Reserve Assets
2. U.S. Stablecoin Bill Takes Effect
As another bill regarding cryptocurrency transparency has been proposed and the Senate is weighing its cryptocurrency IRS initiatives, the House version of the stablecoin legislation has been publicly released. -Original
3. Wyoming Issues Stablecoin
4. South Korea Blocks Unregistered Crypto Apps
Odaily Planet Daily reports that the Financial Intelligence Unit (FIU) of South Korea announced that starting March 25, it will implement domestic access restrictions on the Google Play apps of 17 overseas virtual asset service providers (VASP) that are not registered in South Korea, including KuCoin and MEXC. This means users will not be able to install the related apps anew, and existing users will not be able to update them. -Original
5. Hyperliquid Delists JELLYJELLY Due to Manipulation Scandal
After a whale manipulated the on-chain price, Hyperliquid delisted its Solana-based memecoin JELLYJELLY's perpetual contract. This squeeze initially caused the community-owned HLP treasury to incur approximately $12 million in unrealized losses. During this disaster, at least two major centralized exchanges listed JELLYJELLY futures trading, posing a risk to Hyperliquid's treasury. -Original
6. Fuel Labs Lays Off Staff in Response to Market Conditions
Fuel Network CEO nick.sway stated, "Due to the current market conditions, Fuel Labs has made the difficult but necessary decision to reduce its workforce by about 30%. This is a strategic step to focus, streamline execution, and maintain our roadmap. For those affected employees, we are committed to supporting a smooth transition: providing additional compensation beyond contractual agreements, offering a list of contacts for those who choose to join recruitment support, and having multiple recruitment firms ready to assist." -Original
7. CZ Adds Paid Consultation Link to Account
Binance founder CZ has added a paid consultation link to his profile on X, allowing for private conversations with him. CZ stated that the income from paid consultations will be donated to charity. Currently, the first message sent to CZ will incur a fee of 0.08 BNB, and if CZ does not respond within 5 days, users will automatically receive a 50% refund. The maximum message length is 2,000 characters, and attachments or images are not allowed. -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
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