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Hong Kong-based stablecoin payment firm RedotPay is seeking to raise an additional $150 million just months after its last funding round, Bloomberg reported. The company is currently in discussions with several firms for the new investment. RedotPay previously raised $150 million from Coinbase Global and USDC issuer Circle. The firm aims to achieve a valuation of over $4 billion through a U.S. listing as early as this year.

Grayscale staked 19,200 ETH, worth $44.6 million, approximately eight hours ago, Onchain Lens reported.

CoinMarketCap's Altcoin Season Index has risen three points from yesterday to 52. The platform defines an "altcoin season" as a period where 75% of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, have outperformed Bitcoin over the past 90 days. Conversely, a "Bitcoin season" occurs when Bitcoin's performance surpasses that of the top altcoins. A score closer to 100 indicates a stronger altcoin season.

International credit rating agency Moody's has launched a token integration engine on the Canton Network, a blockchain for real-world asset tokenization, according to Cointelegraph. The move marks the first time an institution has provided credit rating data on-chain.

Circle (CRCL) has appointed former Microsoft executive Kirk Koenigsbauer as a new member of its board of directors, the company announced on its official website. He will serve on the board's Compensation Committee and Risk Committee. Koenigsbauer has over 30 years of experience in the global enterprise software and commercial cloud services sectors. He stated that it was meaningful to join Circle's board at a pivotal moment for digital asset infrastructure and that he would support the company's global expansion and efforts to strengthen its operational and risk management standards.

The Fear & Greed Index from cryptocurrency data provider Alternative has dropped two points from yesterday to 26. The index remains in the fear category. A score closer to zero signifies extreme market fear, while a score closer to 100 indicates extreme optimism. The index is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

Coinbase has announced the addition of EDGEX to its listing roadmap.

U.S. Senate Banking Committee Chairman Tim Scott has indicated that a stalled crypto market structure bill, the Clarity Act, is seeing progress through behind-the-scenes negotiations, with a draft that includes provisions on stablecoins potentially being released this week. According to CoinDesk, Scott stated at the DC Blockchain Summit, "I believe a draft will be out this week. Once the draft is public, the bill's direction will become much clearer." Negotiations are also reportedly underway on several other contentious issues, including potential conflicts of interest for President Donald Trump regarding cryptocurrency, the bipartisan composition of key regulatory agencies, and Know Your Customer (KYC) regulations.

DAO infrastructure provider Tally is shutting down after more than five years of operation, The Block reported. The company had planned a token sale (ICO) but has decided not to proceed with it.

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have released joint interpretive guidance on how federal securities laws apply to certain crypto assets and transactions, Eleanor Terrett, host of Crypto in America, reported via X. The guidance establishes a token classification framework and addresses the legal treatment of staking, mining, airdrops, and wrapping. U.S. SEC Chairman Paul Atkins stated that the guidance reflects that the majority of crypto assets themselves do not constitute securities. While the interpretive guidance does not change existing law, it is intended to provide greater market clarity by showing how regulators plan to apply current statutes. This initiative is separate from the SEC's ongoing rulemaking process related to crypto issuance.

The three major U.S. stock indices closed higher today. - S&P 500: +0.25% - Nasdaq: +0.47% - Dow Jones: +0.10%

Speaking at the DC Blockchain Summit, Amy Oldenburg, head of digital asset strategy at Morgan Stanley, stated that crypto ETFs are still in the early stages of adoption. According to The Block, she explained that most of the demand for spot crypto ETFs continues to come from retail investors, adding that the industry is at the beginning of what will be a lengthy process.

U.S. investment bank TD Cowen stated it disagrees with the argument that an agreement on the crypto market structure bill (CLARITY) must be reached before the congressional Easter recess at the end of March. The bank noted that there is still a possibility the bill's passage could be delayed until before the August congressional recess or even until 2027. According to The Block, TD Cowen Managing Director Jaret Seiberg explained that a deal is not essential within the next few weeks. He suggested that the legislative process could become smoother after the year-end primary elections are concluded, as some lawmakers may have more flexibility to negotiate. Seiberg also added that if the balance of power in Congress changes after the midterm elections, the bill's passage could be postponed until 2027.

The U.S. state of Arizona has filed a 20-count criminal complaint against prediction market platform Kalshi, CoinDesk reported. Arizona Attorney General Kris Mayes accused the company of operating an unlicensed gambling business and offering illegal election betting in the state. Mayes stated that while Kalshi calls itself a prediction market, it is actually running an illegal gambling operation and taking bets on elections, both of which are prohibited under Arizona law. The complaint includes allegations of contract betting on the outcomes of the 2028 presidential election and the 2026 gubernatorial election.

Open interest (OI) in the HIP-3 market on the decentralized crypto derivatives exchange Hyperliquid (HYPE) surpassed $1.43 billion on March 14, The Block reported. This figure represents a more than 100-fold increase since the HIP-3 market's launch six months ago. Approximately 90% of the total OI comes from Trade.xyz, a platform built by Hyperliquid's in-house tokenization division, Hyperunit. The outlet noted that only seven of the top 30 markets on Trade.xyz are crypto trading pairs, with the rest being tokenized traditional assets such as the S&P 500, Nasdaq, individual stock futures, gold, silver, and crude oil. The Block explained that the 24/7 operation of the HIP-3 market is a key advantage, helping to expand its user base from crypto-native traders to those focused on traditional assets.

Lightning Network-based mobile prepaid payment service provider Bitrefill announced via its official X account that it suffered a cyberattack on March 1. The company stated that an analysis of the attack methods, malware, and IP addresses used revealed similarities to past attacks by North Korean hacking groups Lazarus and Bluenoroff. No evidence of customer data theft has been found, and all systems have been taken offline.

The Ethereum Foundation has announced a new solution that will cut deposit times from Ethereum Layer 1 to Layer 2 networks and exchanges to just 13 seconds. The new Fast Confirmation Rule (FCR) is expected to reduce wait times by 80-98% for most users. FCR achieves this speed by counting attestations rather than blocks to confirm deposits. The foundation stated that the solution minimizes the risk of reorgs under reasonable assumptions, such as network synchronicity and a 25% stake limit, and includes a fallback mechanism that waits for full finality if these conditions are not met, ensuring security. The FCR solution is scheduled for implementation within the next few months and will activate automatically on nodes once clients adopt it.

Real-world asset tokenization platform Theo has secured $100 million to support its gold-pegged, yield-bearing stablecoin, thUSD. According to Cointelegraph, the funds were raised through a structured facility called the Genesis Vault. The company explained that these are not venture capital investments but rather funds deposited into the Genesis Vault to support the launch of thUSD. Theo will use the deposits to purchase tokenized gold while simultaneously shorting gold futures contracts on the CME to hedge against price fluctuations.

MicroStrategy (MSTR) founder Michael Saylor posted on X that there isn't enough Bitcoin to go around for everyone. He also shared data indicating that the company's preferred stock, STRC, is expanding liquidity for Bitcoin investment funds.

Coinbase has announced the addition of Katana (KAT) to its listing roadmap.

Binance founder Changpeng Zhao posted on his social media, "This is a big one. Trade with privacy. Aster Chain."

The average daily trading volume for 1inch (1INCH) Fusion mode, a feature of the decentralized exchange (DEX) aggregator, reached $82.8 million in the fourth quarter of last year, up 22.6% from the previous quarter, according to Unfolded.

Circle has issued a total of 2.85 billion USDC on the Solana network so far this year, according to data from Onchain Lens.

World, the iris-scanning identity project co-founded by Sam Altman, has launched a developer toolkit called AgentKit, CoinDesk reported. The toolkit allows AI agents to carry cryptographic proofs verifying they are operated by a real user via World's World ID system. The launch addresses growing concerns about identity verification as AI agents are increasingly used for online transactions and shopping. AgentKit aims to solve this by linking multiple agents to a single, verified human. The system integrates with x402, a protocol developed by Coinbase and Cloudflare. The x402 protocol enables agent-to-agent payments by applying stablecoin micropayments to the internet's communication layer, allowing AI agents and software to transact without human intervention. By implementing x402, World aims to establish AI agents as verifiable economic participants rather than just suspicious automated traffic.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.