Robert Zoellick, former President of the World Bank and former Deputy Secretary of State of the United States, recently stated that imposing tariffs not only increases business costs, but also reduces productivity. Both China and the United States will be negatively affected by this policy.
according to the official announcement, Upbit NFT has opened new trading support for receiving transactions and deposit/withdrawal services, involving 2 NFT projects including CoolPets (PETS). Trading and deposit/withdrawal services will be open on March 19, 2025 at 18:00, and users can deposit and withdraw NFTs through Metamask registered on Upbit NFT.
Interchain Foundation (ICF) of Cosmos has funded the open source of Evmos (EVMOS -32.90%), which is the native EVM framework of its multi-chain ecosystem with over 200 application chains. The foundation stated that this framework was previously developed under the Evmos project and will now be maintained as "Cosmos EVM" in the official cross-chain software stack, including Cosmos SDK, which means that the Cosmos ecosystem now has a standardized version of the Ethereum Virtual Machine (EVM). This development enables the Cosmos blockchain to integrate Cosmos EVM for full EVM compatibility, including support for JSON-RPC and Ethereum wallet compatibility through lightweight EVM configuration, for native ERC-20 tokens. This integration strengthens the cross-chain interoperability between the wider EVM ecosystem and Cosmos through the Inter-Blockchain Communication (IBC) protocol.
decentralized identity management platform Via Science has completed a $28 million Series B financing round, led by Bosch Ventures, with participation from BMW i Ventures, MassMutual Ventures, Sentinel Global, and Westly Group. It is reported that Via Science's decentralized, zero-trust architecture has been tested by the US Department of Defense and, unlike any other Web3 technology, its combination of end-to-end post-quantum encryption can ensure access and privacy for the authorizer.
according to Invest360, China Taiping Investment Management (Hong Kong) Limited has launched a tokenized US dollar money market fund "CPIC Estable MMF". The fund is a tokenized US dollar money market private equity fund under the open-end fund company framework regulated by the Hong Kong Securities and Futures Commission, realizing product tokenization on the public chain, with a first-day subscription scale of 100 million US dollars.
Haruhiko Kuroda, Governor of the Bank of Japan, stated that if the economy and prices align with the Bank of Japan's forecasts, interest rates will be raised.
according to on-chain analyst Lookonchain (@lookonchain), a whale withdrew 59,406 SOL from the Kraken exchange, then sold it on a decentralized exchange (DEX) at an average price of $125.8, receiving approximately $7.47 million in stablecoin (USDT).
On March 19tht hree major US stock indexes ended a two-day winning streak on Tuesday, with the Nasdaq falling 1.71%, the S&P 500 dropping 1.06%, and the Dow Jones falling 0.62%. Technology stocks led the decline, with Tesla plummeting 5.34% due to increased competition, and Nvidia's GTC conference new products failing to boost stock prices, leading to a 3.35% decline.
according to Cointelegraph, the Senate of North Dakota, USA, passed House Bill 1447 with 45 votes in favor and 1 vote against. The bill regulates cryptocurrency ATMs and reintroduces the provision of a daily transaction limit of $2000 per user, which was previously removed by the state House.
digital asset platform STARDEER has announced the launch of a $10 million SOL ecosystem fund, aimed at promoting the incubation of Solana ecosystem projects, providing liquidity support, incentivizing developers, and more. It is reported that the fund has launched a developer incentive program, and will also provide seed funding for early-stage companies and development teams within the ecosystem.
David Sacks, the White House's encryption and AI director, criticized the media's erroneous reports of "selling cryptocurrencies" on the X platform. He explained, "Why do some media always want to depict cryptocurrencies as bad? I did not sell cryptocurrencies, but dealt with cryptocurrencies. Obviously, this is not what I wanted to do, but government ethics require it. It is my honor to serve President Trump and the American people." In response, Binance co-founder CZ said that some media always want to get clicks, rather than report based on ethics.
EOS blockchain is currently facing a poisoned address attack. Malicious accounts are sending 0.001 EOS tokens to users to carry out address poisoning, and multiple fake exchange accounts have been discovered.
according to Cryptonews citing Reuters, multiple financial technology and cryptocurrency companies are applying for state or national bank licenses, hoping to obtain faster approval under the crypto-friendly Trump administration.
South Korean prosecutors have requested a court to sentence a man to 10 years in prison for stabbing the CEO of the South Korean cryptocurrency custody company Haru Invest during a court hearing in August 2024. The Southern District Prosecutor's Office in Seoul confirmed to The Block that they made the sentencing request at the final hearing of the court attack case on Wednesday, considering the seriousness of the crime.
according to CME's "Fed Watch" data, the Federal Reserve will announce its interest rate decision tonight (2:00 am Beijing time on March 20). The probability of a 25 basis point rate cut in March by the Federal Reserve is only 1%, while the probability of no change is 99%.
Nova Energy has obtained permission to build a natural gas-powered cryptocurrency mining data center in Frenchcreek, Pennsylvania. The permit is based on the approval of three lean-burn natural gas engines that will provide power for cryptocurrency mining. According to a United Nations study in 2023, natural gas accounts for 21% of the energy sources for global Bitcoin mining operations, second only to coal (45%).
Minnesota Senator Jeremy Miller introduced the "Minnesota Bitcoin Bill," which he drafted after completely changing his stance on Bitcoin. In a statement on March 18, Miller said: "With more research on cryptocurrency and more feedback from voters, I went from highly skeptical to gradually understanding, to believing in Bitcoin and other cryptocurrencies." Miller stated that the bill aims to promote the prosperity of Minnesota by allowing the Minnesota Investment Committee to invest state assets in Bitcoin and other cryptocurrencies, just like investing in traditional assets.
Nick Timiraos, a spokesperson for the Federal Reserve, said that the central bank can cut interest rates based on good or bad news. Due to new inflation risks, the opportunity for a "good" rate cut is closing. I expect the Federal Reserve to maintain a wait-and-see attitude in the next six months and not take too much action.