LG is shutting down Art Lab, its NFT marketplace for TVs. In a notice posted on its website, LG said it had made the "difficult decision" to shut down the platform on June 17. The company said users will no longer be able to make purchases on the platform as of March 10. The LG Art Lab team will automatically transfer their NFTs to their own wallets by April 30. "As the NFT space continues to grow, we believe now is the right time to shift focus and explore new opportunities," LG said. The platform will be fully shut down in June.

The Trump administration plans to rename the U.S. Agency for International Development (USAID) to the U.S. Agency for International Humanitarian Assistance (IHA) and place it directly under the secretary of state, according to a memo circulated among State Department staff. The document, first reported by Politico, mentions that as part of the reorganization, the agency will “leverage blockchain technology” in its procurement processes.

The government led by Australian Prime Minister Anthony Albanese has outlined a new regulatory framework for digital assets that aims to provide greater certainty to industry participants while addressing risks related to consumer protection and market integrity. The reforms will require major cryptocurrency platforms to obtain an Australian financial services license, while exempting small businesses and companies that are not involved in financial services. The Australian Treasury's statement document, "Developing an Innovative Australian Digital Asset Industry," released on Thursday, details plans to regulate digital asset platforms and payment stablecoins under existing financial services laws. "By aligning with international best practices, Australia can enhance the global competitiveness of the digital asset industry," the document reads.

The U.S. Office of the Comptroller of the Currency (OCC) said it has stopped reviewing national banks and other financial institutions for reputational risk, following a backlash from the cryptocurrency industry over concerns they were being shut out of the financial system.

The Depository Trust & Clearing Corporation (DTCC) has pledged to promote Ethereum’s ERC-3643 standard for permissioned security tokens. DTCC will join the ERC3643 Association, a nonprofit dedicated to promoting the adoption of the standard, with the goal of “promoting and advancing the ERC3643 token standard.” The support highlights the positive attitude of U.S. regulators toward tokenization after President Trump vowed to make the United States the “crypto capital of the world.” It also suggests that the Ethereum blockchain network could play an important role in the U.S.’s permissioned security token ecosystem.

Nasdaq has submitted a proposed rule change to list and trade units of the 21Shares Spot Polkadot ETF pursuant to Nasdaq Rule 5711(d) (“Commodity Trust Units”). The SEC has formally accepted the application and is seeking public comments.

NYSE Arca, a subsidiary of the New York Stock Exchange, has filed a proposed rule change (19b-4 filing) with the U.S. Securities and Exchange Commission (SEC) to amend the Bitwise Ethereum ETF to allow for collateralization of Ethereum held by the trust. The SEC is issuing this notice to solicit comments on the proposed rule change.

Tether continues to play an important role in the U.S. Treasury market, firmly ranking as the seventh largest buyer of U.S. Treasuries in 2024. On March 20, Tether CEO Paolo Ardoino updated the X platform, revealing that the company purchased $33.1 billion in U.S. Treasuries in 2024. This figure exceeds the holdings of countries such as Canada, Taiwan, Mexico, Norway, Hong Kong, South Korea, Germany and Saudi Arabia.

Pump.fun, a Solana-based meme coin issuance platform, has launched a native decentralized exchange (DEX) called PumpSwap. Pump.fun’s tokens will be transferred directly to PumpSwap after completing their bonding curve, seemingly skipping the step of migrating to Raydium, a Solana-based decentralized exchange and automated market maker (AMM).

The U.S. Securities and Exchange Commission (SEC) has clarified its position on certain proof-of-work (PoW) mining activities, the latest move by the agency as it shifts to a friendlier tone toward the cryptocurrency industry. In a statement released by the SEC's Division of Corporation Finance on Thursday, SEC staff said that proof-of-work mining does not involve the offer and sale of securities; therefore, parties involved in mining activities are not required to register transactions with the Commission under the Securities Act, nor do they fall within the scope of the registration exemptions under the Securities Act related to these mining activities.

Was aixbt "phished" for 55.5 ETH? In fact, this attack essentially originated from hackers invading the backend infrastructure, which sounded the alarm for AI agent narratives.

The Walrus protocol launched by Sui developer Mysten Labs announced its token economic model, with a total supply of 5 billion WAL tokens and an initial circulation supply of 1.25 billion. The distribution of WAL tokens is as follows: 10% for Walrus user airdrops, 43% for community reserves for funding, developer support and incentive programs, 30% for core contributors, 10% for subsidizing storage nodes, and 7% for investors, with an unlocking period of 12 months after the mainnet is released. As a payment token, WAL tokens are designed to keep storage costs stable and ensure protocol security through delegated staking. Walrus adopts a deflationary mechanism, including penalty fees for short-term staking and the reduction of inefficient storage nodes, to promote the long-term stable development of the network.

Venture capital firms including Sequoia Capital, Ribbit, Benchmark and Kingsway invested more than $400 million by purchasing Toncoin cryptocurrency. In addition, investors such as Vy Capital, Draper Associates and Libertus Capital also participated in this round of investment.

The fundraising was completed through the sale of the Walrus protocol’s cryptocurrency $WAL, which is expected to have a total supply valued at $2 billion.

Through tracing, the investigation found that the funds eventually flowed to an individual named William Parker (formerly Alistair Packover), who had been arrested for multiple fraud and gambling cases and sentenced in Finland.

This Federal Reserve meeting not only revealed the Fed’s latest judgment on the current economic environment, but also affected the market’s expectations for future liquidity conditions, thereby directly affecting global asset markets including cryptocurrencies.

With the acquisition, Kraken will be able to offer crypto futures and derivatives trading in the United States, as NinjaTrader has received CFTC registration.