LG Electronics will close its NFT marketplace, LG Art Lab, on June 17, 2025, citing a shift in focus toward new opportunities in the evolving NFT space. Users will have until April 30 to transfer their NFTs, with full service support ending by July 18.
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Analysts at CryptoQuant believe the crypto market is ready for a strong move upward, citing rising stablecoin supply as a sign of potential buying pressure. While patience is still needed, they argue the current correction mirrors past setups that preceded rallies β pending the arrival of strong catalysts.
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Out of over 8.7 million tokens launched on pump.fun since January 2024, only four β WOULD, FARTCOIN, ACT, and PNUT β have crossed the $100 million market cap mark. March saw a sharp drop in new token launches and a decline in the share of tokens reaching Raydium, with fewer than 1% making it to the exchange.
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Walrus Foundation has raised $140 million in a private token sale led by Standard Crypto to scale its decentralized data storage protocol on Sui. Backers include 16z crypto, Electric Capital, and Franklin Templeton. The Walrus mainnet launch is set for March 27, aiming to make data storage programmable, secure, and efficient.
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At the Digital Asset Summit, Michael Saylor forecasted Bitcoin reaching $13 million within 20 years, citing its fixed supply as the core driver. Strategy, which holds nearly 500K BTC, continues to bet big on Bitcoinβs long-term role as a digital commodity.
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The Swiss National Bank has begun testing a wholesale CBDC on the SIX Digital Exchange to settle tokenized securities. While exploring options like synthetic CBDCs and DLT integration, the SNB clarified it hasn't committed to a permanent issuance.
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SEC Commissioner Hester Peirce said NFTs used for raising fundsβlike in the Stoner Cats and Flyfish Club casesβshould not be treated as securities and may soon get exemptive clarity. Speaking after the SECβs crypto roundtable, Peirce hinted the agency could issue a framework to guide NFT fundraising, marking a shift from past enforcement under former chair Gensler.
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Tether CEO Paolo Ardoino confirmed the company is working to engage a Big Four accounting firm for a full audit of its USDT reserves, calling it a top priority. He said this is now feasible under the more crypto-friendly environment of Trumpβs administration. While no firm or timeline was disclosed, the move aims to improve transparency ahead of potential stablecoin legislation.
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Blockchain analytics platform Bubblemaps rolled out βMagic Nodes,β a new tool that visually uncovers hidden wallet clusters and manipulation risks. The V2 update drew over 200,000 users within three days, prompting access limits. Premium features now include P&L tracking, cross-chain analytics, AI-based anomaly detection, and a top 1,000 token holders view.
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π Nym Launches Decentralized VPN to Fight Surveillance and Censorship
Nym Technologies has unveiled NymVPN, the worldβs first VPN powered by mixnet technology, offering full anonymity and protection from government surveillance, corporate tracking, and AI analysis. Unlike traditional VPNs, NymVPN doesnβt store logs or user data and features zk-proof-based payments for privacy-preserving subscriptions. The service is already live across Android, iOS, Windows, MacOS, and Linux.
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Nym Technologies has unveiled NymVPN, the worldβs first VPN powered by mixnet technology, offering full anonymity and protection from government surveillance, corporate tracking, and AI analysis. Unlike traditional VPNs, NymVPN doesnβt store logs or user data and features zk-proof-based payments for privacy-preserving subscriptions. The service is already live across Android, iOS, Windows, MacOS, and Linux.
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U.S. President Donald Trump has placed a copy of the Bitcoin white paper on display in the White House, marking a symbolic endorsement of the cryptocurrency. The move has sparked discussion across social media, with many viewing it as a historic nod to Bitcoinβs growing role in global finance.
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Ethereum scaling project MegaETH has launched its public testnet, achieving 20,000 transactions per second with 10ms block times. Unlike the traditional rollup-centric approach, MegaETH proposes a high-throughput alternative backed by figures like Vitalik Buterin. The project leverages EigenDA and parallelized processing, aiming to scale to 100,000 TPS. Several apps, including GTE and Infinex, are already live on the testnet.
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PancakeSwap ($CAKE) has rallied 81% in the past 10 days, now trading near $2.68, with whale accumulation of 25M CAKE and Futures open interest soaring by 326% to $98M. The surge in both spot and derivatives markets signals strong bullish sentiment, though a key resistance lies at $2.85. A breakout could push the price to $3.00, while failure may lead to a pullback to $2.30.
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Bitcoin held steady around $84,150 despite sharp swings, as ETF inflows returned with $734M entering BTC funds amid rate cut hopes. Meanwhile, the SEC clarified that proof-of-work mining doesn't fall under securities laws, signaling a friendlier regulatory stance. Market volatility spiked to a six-month high, while BlackRock pushed back on the narrative of BTC as a "risk-on" asset.
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The number of crypto investors in South Korea jumped over 50% in 2024, reaching 9.66 millionβnearly one-fifth of the countryβs total population. Remarkably, one in four investors is over 50, and half of those holding over 1 billion KRW (~$750,000) in crypto are also aged 50 or above, highlighting growing interest among older and wealthier demographics.
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Katie Haunβs VC firm is raising $1 billion across two new crypto funds, split between early- and late-stage investments. The move follows renewed industry optimism under President Trump and comes as Haun nears full deployment of her initial $1.5B fund. The new raise is expected to be oversubscribed.
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President Trump directly promoted the Official Trump memecoin on Truth Social, calling it βthe Greatest of them all,β triggering a $400M surge in market cap and a sharp spike in trading volume. Although the price later retraced, $TRUMP held a $100M gain by press
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Longtime Bitcoin critic Peter Schiff has surprised the crypto community by requesting BTC for his 62nd birthday and moving his strategic reserve to a hardware walletβmarking a notable shift from his anti-Bitcoin stance.
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Over $14.9M worth of tokens from SOSO, ALT, and TICO will unlock between March 24β27, potentially impacting liquidity and triggering short-term market volatility. The largest unlock is ALT on March 26 ($9.36M), drawing heightened community attention. While volatility is expected, historical patterns suggest markets typically stabilize post-unlock.
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