Crypto News Roundup for March 15, 2025
A flurry of crypto-related announcements and developments have emerged today, touching upon various sectors within the digital asset landscape. Let’s dive into the key highlights.
US Releases Russian Cybercriminal in Teacher Exchange
The US authorities have released Russian cybercriminal Alexander Vinnik to Russia in exchange for American schoolteacher Marc Fogel. Vinnik, accused of a major cybercrime operation, arrived in Moscow after being held in California custody. This high-profile exchange raises questions about the complexities of international justice in the digital age.
Rex Shares Launches BMAX ETF for Bitcoin-Backed Corporate Bonds
Rex Shares has launched BMAX ETF, a fund targeting investors interested in corporate bonds backed by Bitcoin. This innovative development potentially provides access to a novel investment avenue within the cryptocurrency space. Details on the specific companies and bond structures are yet to be fully released.
Layer-2 Solutions Gain Traction with Skyren DAO Surge
The demand for cheaper and faster blockchains continues to rise, leading to a surge in interest in Layer-2 solutions. Skyren DAO, a notable Layer-2 project, is reporting thousands of daily active users, potentially signaling a significant step forward in broader Layer-2 adoption. These projects aim to address scalability and high transaction fees on leading blockchains like Ethereum.
Arbitrum Integrates with Rarible for Enhanced NFT Trading
Arbitrum, a popular Layer-2 scaling solution, has integrated with Rarible. This integration promises a smoother and more efficient NFT trading experience, featuring full creator royalties and low transaction fees. Rarible users can now benefit from faster processing times and reduced costs on their NFT transactions.
Meme Token XYZVerse Could Outperform DOGE & SHIB
The meme coin XYZVerse is generating considerable attention, with some analysts predicting its potential to outperform Dogecoin and Shiba Inu in the next bull market cycle. This meme token is gaining traction with investors and could emerge as a notable player in the crypto market.