Cointelegraph.com
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Cointelegraph.com - 18:03 Mar 03, 2026
SoFi will enable Mastercard issuers to settle card transactions in its cash-backed SoFiUSD stablecoin across the global payments network. SoFi Technologies has partnered with Mastercard to enable settlement in its dollar-backed stablecoin, SoFiUSD, across Mastercard’s global payments network, allowing issuers and acquirers to settle card transactions using a bank-issued digital dollar. Under the agreement, SoFi Bank N.A. plans to settle its own Mastercard credit and debit transactions in SoFiUSD, while SoFi’s payments technology platform Galileo will give client banks and card issuers the option to use the stablecoin for transaction settlement across the number two processor’s network. The company said SoFiUSD is the first stablecoin issued by a US nationally chartered and insured deposit bank on a public, permissionless blockchain and would allow transactions to be settled 24 hours a day, seven days a week across Mastercard’s network. Read more -
Cointelegraph.com - 17:15 Mar 03, 2026
Bermuda’s onchain economy plan prioritizes pilots, stablecoins and regulation over forced crypto adoption. Here’s why testing comes first. When Bermuda announces its ambition to become the world’s first fully onchain national economy with support from Circle and Coinbase, you could picture a dramatic, quick overhaul. However, that is not the case. To be a fully onchain economy, Bermuda has not taken a hard route, which might involve instantly building government services and pushing merchants to accept digital payments. Instead, the island is following a cautious path of well-thought-out, regulated innovation in finance. Read more -
Cointelegraph.com - 16:51 Mar 03, 2026
In a Monday SEC filing, the US Bitcoin miner said it would consider selling some of the coins on its balance sheet, depending on market conditions. US-based cryptocurrency miner MARA Holdings made waves after a regulatory filing signaled that the company could change its HODL strategy. In a Monday filing with the US Securities and Exchange Commission (SEC), MARA said it was open to selling some of its Bitcoin (BTC) holdings “from time to time” depending on market conditions and its investment priorities. According to the miner, it adjusted its strategy to allow for BTC sales in 2026, while Bitcoin sales generated from mining at the company have been permitted since 2025. MARA’s strategy shift comes as many crypto mining companies are pivoting some of their infrastructure into artificial intelligence (AI) and high-performance computing (HPC) amid increasing BTC difficulty and associated costs. On Monday, Riot reported a net loss of $663 million for 2025 in part due to the value of its Bitcoin holdings, while ... -
Cointelegraph.com - 16:36 Mar 03, 2026
The Eric Trump-led company adds 3 EH/s in new capacity, expanding its Alberta mining fleet as it deepens exposure to BTC amid volatile market conditions. Trump family-backed American Bitcoin said Tuesday it has expanded its fleet of Bitcoin mining machines, increasing its computing capacity as competition among large-scale miners intensifies. The company has acquired 11,298 new application-specific integrated circuit (ASIC) miners, which are expected to add about 3.05 exahashes per second (EH/s) to its operations once it is deployed at its Drumheller, Alberta site this month. The purchase will boost American Bitcoin’s fleet size to 89,242 miners, representing about 28.1 EH/s of owned capacity. Read more -
Cointelegraph.com - 15:42 Mar 03, 2026
Bitcoin bulls gave up their latest mission to reclaim $70,000 as Iran escalation sparked oil supply fears that gripped stocks and gold. Bitcoin (BTC) erased its latest trip to $70,000 on Tuesday as Middle East tensions sparked a global asset sell-off. Key points: Bitcoin and major asset classes all fall after the closure of the Strait of Hormuz. Read more -
Cointelegraph.com - 14:00 Mar 03, 2026
Visa and Stripe-owned Bridge aim to expand stablecoin-linked Visa cards to 18 countries, and plan 100-plus by the end of the year, while testing stablecoin settlement with Lead Bank. Global payment giant Visa is expanding its stablecoin card partnership with Stripe-owned Bridge, expanding the rollout of stablecoin-linked Visa cards worldwide and testing onchain settlement. Visa and Bridge are expanding their joint card program to 18 countries, with plans to reach more than 100 across Europe, Asia-Pacific, Africa and the Middle East by the end of the year, according to a Tuesday announcement. The expansion follows the program’s initial launch in April 2025, which first supported markets in Latin America, including Argentina, Colombia, Ecuador, Mexico, Peru and Chile. Read more -
Cointelegraph.com - 13:44 Mar 03, 2026
Strive’s Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap. Technological deflation driven by artificial intelligence could help push Bitcoin above $10 million within a decade by pressuring central banks to keep expanding the money supply, according to a report from Strive strategist Joe Burnett. Burnett, Strive’s vice president of Bitcoin strategy, said in a report published Monday that faster productivity gains from AI will push down prices across goods and services, squeezing margins and prompting policymakers to respond with sustained monetary expansion. His “base case” calls for Bitcoin (BTC) to reach $11 million in the first quarter of 2036, he wrote. The forecast rests on a set of aggressive assumptions, including that Bitcoin would grow to about 12% of the value of global financial assets and that global wealth would compound at 7% annually through 2036. With Bitcoin currently accounting for about 0.2% of al... -
Cointelegraph.com - 13:29 Mar 03, 2026
Ether needed to hold a key support recently established at $1,800, coinciding with the lower trend line of a classic chart pattern that warns of a drop below $1,500. Ether’s (ETH) rally stalled late Monday just above $2,000 due to stiff overhead resistance, as the technical setup suggested that downward momentum would increase if the ETH/USD pair breaks below $1,800. Key takeaways: ETH price must hold above $1,800 to avoid another leg down. Read more -
Cointelegraph.com - 13:11 Mar 03, 2026
The move follows a 52.58% Snapshot vote on a $42.5 million funding package for Aave Labs, now headed to the ARFC stage before any binding onchain decision. The Aave Chan Initiative (ACI), a major governance delegate and service provider within the Aave ecosystem, said it will not renew its engagement with the Aave DAO and plans to wind down over the next four months. In a statement on Tuesday, ACI founder Marc Zeller said the organization would continue governance activity and complete outstanding commitments before transferring its infrastructure and responsibilities to the DAO or successor providers. “The Aave Chan Initiative was built for Aave. Without a future in the Aave ecosystem, the name no longer applies. ACI will wrap up as our obligations conclude,” Zeller wrote. Read more -
Cointelegraph.com - 12:38 Mar 03, 2026
Big Four firm Deloitte attested to $17.6 million in reserves backing USAt, Tether’s new US-regulated stablecoin issued by Anchorage Digital Bank. Deloitte & Touche, one of the Big Four accounting firms, issued an independent attestation on the reserve report backing USAt, a new US-regulated stablecoin from Anchorage, which is issuing USAT with Tether’s support. In a letter dated Feb. 27, Deloitte said it examined Anchorage’s assertion that the USAt (USAT) Reserve Report was prepared in accordance with the American Institute of Certified Public Accountants’ 2025 criteria for asset-backed, fiat-pegged tokens. The report covers reserves as of Jan. 31, 2026. “In our opinion, management’s assertion that the USAt Reserve Report is prepared in accordance with the criteria set forth therein as of the Report Date is fairly stated, in all material respects,” Deloitte wrote. Read more -
Cointelegraph.com - 12:27 Mar 03, 2026
Bybit says most of the $300 million “saved” came from users backing out after real-time warnings, highlighting how exchanges are shifting from recovery to preemptive fraud stops. Bybit said it blocked or disrupted more than $300 million worth of suspected scam-related withdrawals in the fourth quarter of 2025 after rolling out an AI-assisted risk monitoring system designed to flag malicious transactions before funds leave the exchange. In a company blog post, Bybit said its system flagged about $500 million in withdrawal requests during the quarter and that more than 4,000 users were “protected” after the platform issued real-time risk alerts or blocked transactions outright. Bybit’s head of group risk control, David Zong, told Cointelegraph that much of the $300 million total reflects withdrawals users voluntarily cancelled after seeing warnings, meaning the funds remained in their accounts rather than requiring clawbacks or reimbursement. Read more -
Cointelegraph.com - 12:01 Mar 03, 2026
Japanese PM Sanae Takaichi said she had no knowledge of the token, as Kyodo reported the FSA was considering whether unregistered operators were involved. A cryptocurrency using the name of Japanese Prime Minister Sanae Takaichi briefly surged to a market value of about $27.7 million before sliding sharply after Takaichi publicly denied any connection to the token. In a statement posted on X, Takaichi said she had no knowledge of the “Sanae Token,” adding that neither she nor her office had granted any approval related to it. She said the clarification was issued to prevent public misunderstanding. “Due to the name, it seems there are various misunderstandings, but regarding this token, I have absolutely no knowledge of it, nor has my office been informed about what this token entails,” she wrote. Read more -
Cointelegraph.com - 11:35 Mar 03, 2026
The European Central Bank warns in a new working paper that as stablecoin adoption grows, deposits may leave banks, affecting lending and monetary policy transmission. The European Central Bank said increasing stablecoin use may pull money out of bank deposits and weaken the way monetary policy flows through to lending, according to a new ECB working paper. Growing adoption of stablecoins, which are digital assets often pegged to currencies such as the US dollar or euro, is expected to draw funds away from traditional bank deposits, the ECB said in its latest working paper series, “Stablecoins and Monetary Policy Transmission,” released Tuesday. “Our analysis shows that rising interest in stablecoins is linked to a measurable decline in retail bank deposits and a reduction in lending to firms,” ECB staff said, adding that stablecoins can reduce the amount of credit banks provide to the real economy. Read more -
Cointelegraph.com - 11:04 Mar 03, 2026
BTC price has slid about 35% on average over a month after similar trend line crossovers, keeping downside risk in focus for traders. Bitcoin (BTC) is flashing a fresh “death cross” on its three-day chart, marking the bearish signal’s first appearance since June 2022. Key takeaways: BTC’s death cross raises the odds of a 35% average downside in March. Read more -
Cointelegraph.com - 10:59 Mar 03, 2026
The two separate rulings add new regulatory pressure as prediction markets also face scrutiny over information advantages and suspected insider activity tied to event-driven contracts. Two US federal court rulings have increased the risk that Nevada regulators may seek to halt prediction-market trading in the state after a judge sent a dispute involving Polymarket’s parent company Blockratize and Kalshi back to state court in two separate rulings. A federal judge rejected arguments that US regulation under the Commodity Exchange Act (CEA) and the Commodity Futures Trading Commission (CFTC) fully preempts state gaming laws for prediction markets, according to a Monday order. The judge found that the CEA’s savings clause does not completely displace state authority and that the companies had not shown a basis to block Nevada’s action at this stage. Read more -
Cointelegraph.com - 09:48 Mar 03, 2026
Riot Platforms posted record 2025 revenue of $647 million, driven by $576 million in Bitcoin mining revenue, while holding 18,005 BTC worth $1.6 billion. Riot Platforms posted record annual revenue of $647.4 million for 2025, up 72% from $376.7 million a year earlier. In a Monday announcement, the company said the increase was driven by a $255.3 million jump in Bitcoin (BTC) mining revenue, which reached $576.3 million in 2025 amid a rise in operational hashrate and higher average Bitcoin prices. During the year, Riot produced 5,686 Bitcoin, up from 4,828 BTC in 2024. The average cost to mine one Bitcoin, excluding depreciation, climbed to $49,645 from $32,216 in 2024. Riot attributed the higher cost largely to a 47% increase in the global network hashrate, which increased mining difficulty. That impact was partly offset by a 68% increase in power credits received during the year, the company said. Engineering revenue also rose, reaching $64.7 million compared with $38.5 million in 2024. Read more -
Cointelegraph.com - 09:08 Mar 03, 2026
US spot Bitcoin funds saw strong inflows and increasing volumes on Monday as institutional demand held up in spite of increasing Middle East tensions and broader market uncertainty. US spot Bitcoin funds opened the week with strong inflows, extending last week’s rebound even as conflict in the Middle East escalated. Bitcoin (BTC) exchange-traded funds (ETFs) recorded $458.2 million of inflows on Monday, extending last week’s $787.3 million in net inflows, according to data from SoSoValue. The latest gains pushed cumulative net inflows to $55.3 billion. Trading volume climbed to about $5.8 billion, the highest level since early February. Read more -
Cointelegraph.com - 08:25 Mar 03, 2026
BOJ Governor Kazuo Ueda said the experiments will examine links between blockchain systems and Japan’s existing settlement infrastructure. The Bank of Japan will conduct technical experiments using blockchain technology to settle deposits held at the central bank by financial institutions, according to BOJ Governor Kazuo Ueda. In a speech posted Tuesday titled “The New Financial Ecosystem and the Role of Central Banks,” Ueda said a sandbox project is underway to test settlement using central bank money “in the form of current account deposits on a system that uses blockchains.” The experiments will explore “methods of connection with the existing system” and examine use cases, including “domestic interbank settlement and securities settlement.” Read more -
Cointelegraph.com - 08:11 Mar 03, 2026
Ben Delo paid a $10 million fine after pleading guilty to US banking violations in 2022 and was granted a pardon by President Donald Trump in March 2025. BitMEX co-founder Ben Delo pledged 20 million British pounds ($27 million) to the London Institute for Mathematical Sciences (LIMS), ranking among the largest private donations ever made to a United Kingdom research institution outside Oxford and Cambridge, British magazine Times Higher Education reported on Tuesday. The commitment includes $13.3 million upfront and $13.3 million to be released once the Mayfair-based institute matches the amount through additional fundraising, Times Higher Education reported. The gift launches a wider campaign aimed at building an $80 million endowment to secure LIMS’ long-term future, per the report. “I would like to see LIMS winning Fields Medals and Nobel Prizes – they are already doing some world-class things and I want to help,” Delo told the magazine. Read more -
Cointelegraph.com - 00:29 Mar 03, 2026
Elliptic’s initial tracing found many of the funds were sent to foreign crypto exchanges, potentially indicating capital flight from Iran amid rising uncertainty in the region. Iran’s top crypto exchange saw a significant spike in crypto withdrawals within minutes of the US and Israel launching strikes in Tehran on Saturday. However, a widespread internet outage curbed additional outflows. In a post on Monday, Elliptic said crypto outflows from the Nobitex exchange surged by more than 700% to over $500,000 within minutes of the first airstrikes, with a chart showing that outflows reached nearly $3 million in a single hour later that day. Elliptic said the sharp rise in outflows “potentially represents capital flight from Iran,” with its initial tracing showing that many of those funds were sent to foreign crypto exchanges. Read more
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