By 2025, the funding raised by the cryptocurrency payment company surged to $2.6 billion, surpassing the total fundraising of the past three years.
March 27th (Bloomberg) — Private funding for the cryptocurrency sector rose from nearly $13 billion in 2024 to $20.4 billion in 2025, per Bloomberg data, though it remains below the 2022 peak of $27.6 billion.
Top private funding areas include "Investment & Trading Infrastructure" and "Brokers & Exchanges" (i.e., financial applications), with payment infrastructure ranking third.
Cryptocurrency payment firms raised $2.6 billion in 2025 — more than the total raised in the prior three years combined. Given Mastercard’s recent acquisition of BVNK, that figure is expected to climb further this year.
By contrast, blockchain gaming funding has collapsed: It hit $37.6 billion in 2022 (roughly 14% of total private crypto funding) but was no longer listed as a separate category in 2025. For Web3 dApps, 2022 saw $5.2 billion in funding; in 2025, the dApp segment focused solely on consumer applications pulled in just $864 million.
3 minutes ago
Coinbase’s Chief Policy Officer Calls for Cryptocurrency Tax Reform, Calling Current System Outdated
March 27: Coinbase Chief Policy Officer Faryar Shirzad called on U.S. lawmakers to update cryptocurrency tax regulations, saying the current system—where crypto assets are treated as “property”—is struggling to keep pace with the industry’s evolution.
He noted that under current rules, even paying gas fees or using stablecoins for everyday transactions can trigger tax liabilities—requiring users to calculate cost basis, track gains and losses, and adding to compliance burdens.
Coinbase data shows tax-related customer service inquiries are up 34% year-over-year, with millions of 1099-DA forms set to be issued by 2025—many tied to small-value transactions. Shirzad also noted that more than 63% of users have gaps in their cost basis records, and he proposed a de minimis exemption for small transactions to cut down on compliance complexity.
He warned that failing to update the rules could hurt the U.S.’s competitiveness in the crypto space. (Cryptopolitan)
3 minutes ago
Hyperliquid Ecosystem RWA DeFi Protocol Felix Launches Tokenized Stock and ETF Trading
March 27th — Official sources report that Felix, the RWA DeFi protocol in the Hyperliquid ecosystem, has launched tokenized stock and ETF trading.
The protocol has partnered with OndoFinance to build its spot infrastructure, listing over 250 assets to date. It also manages perpetual markets for silver, oil, and copper via the HIP-3 mechanism.
Reportedly, Felix focuses on providing on-chain users with tokenized U.S. stocks, ETFs, and commodity perpetual contracts, supporting 24/7 market access and low execution fees.
3 minutes ago
Cathie Wood's Ark Invest Sold Tech Stocks and Crypto ETF in Large Scale Yesterday
**March 27 (via Ark Invest Tracker) — Cathie Wood’s Ark Investment Management series of funds offloaded a substantial amount of tech stocks and crypto ETFs yesterday.**
The sales included:
- ~155,441 shares of NVIDIA, valued at roughly $27.77 million;
- ~76,622 shares of Meta Platforms (META), worth approximately $45.58 million;
- 408,000 shares of the Bitcoin ETF (ARKB);
- Nearly 200,000 shares of Bullish stock.
### Notes on American English adaptation:
1. **Conciseness**: Used "offloaded" (common in finance for large disposals) instead of "sold off a large amount of"; "roughly/approximately" (casual, industry-standard) instead of "worth about".
2. **Clarity**: Added context parentheticals (via Ark Invest Tracker, Meta Platforms (META)) for readability; broke down sales into bullet points (standard for quick updates).
3. **Time logic**: Explicitly tied "yesterday" to the March 27 tracker (consistent with real-time financial reporting).
4. **Terminology**: Aligned
3 minutes ago
An unknown smart contract on the BSC chain was hit by a price manipulation attack, resulting in a loss of around $133,000
March 27: Monitoring from BlockSec Phalcon (@Phalcon_xyz) shows an unknown staking contract on Binance Smart Chain (BSC) was exploited, leading to losses of approximately $133,000.
The incident stemmed from an immediate (spot) price dependency vulnerability in the contract. The attacker first manipulated the price of the TUR token in the TUR-NOBEL liquidity pool, then staked TUR in the staking contract. This triggered reward calculations based on the inflated TUR price, and the attacker extracted amplified rewards via three referral accounts—depleting all TUR tokens in the contract before converting them to USDT for profit.
3 minutes ago
Michael Saylor: Approximately 80% of the Strategy Stock (STRC) is held by retail.
March 27 — Strategy founder Michael Saylor said roughly 80% of the company’s issued perpetual preferred stock (ticker STRC) is held by retail investors. The security pays monthly dividends, with a current annualized yield of approximately 11.5%.
Saylor noted STRC is designed as a low-volatility income tool tied to $100 par value transactions, and its dividend rate adjusts based on market conditions. Strategy has raised funds via STRC this year to allocate to Bitcoin, with cumulative investment volume nearing $3 billion. The firm plans to raise a total of $42 billion through related financing arrangements, with STRC accounting for $21 billion of that total.
Benchmark analysts pointed out that as demand for STRC grows, Strategy’s ability to allocate to Bitcoin may continue to strengthen. (Bloomberg)
3 minutes ago