WEB3
by BSCN
March 15, 2025
Sony’s Soneium taps into LINE’s 200M users, Starknet merges Bitcoin & Ethereum, and Trump family explores Binance US stake. Catch up on key crypto developments.
As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed
about the latest developments and trends. Our weekly recap provides a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.
The Trump family may be in talks to acquire a stake in Binance US, The Wall Street Journal reports. While unconfirmed, speculation grows as Donald Trump ramps up pro-crypto rhetoric.
Meanwhile, ex-Binance CEO Changpeng ‘CZ’ Zhao is reportedly seeking a presidential pardon from Trump after pleading guilty to U.S. anti-money laundering violations.
Details in the article.
Abu Dhabi-based tech investor MGX has poured $2 billion into Binance, marking the largest-ever investment in a crypto company. The March 12 deal also makes history as the biggest investment paid in stablecoins. MGX secures a minority stake, marking its first entrance into crypto and blockchain. Binance, with 1,000 of its 5,000 global staff based in the UAE, benefits from the region's crypto-friendly regulations.
Read the full story.
Starknet plans to become the first Layer 2 network to settle transactions on both Bitcoin and Ethereum, aiming to bridge the two largest blockchain ecosystems. The move will bring DeFi capabilities to Bitcoin, enabling staking, lending, and trading while maintaining security and decentralization. Starknet will process transactions off-chain, bundle them into STARK proofs, and settle them on both chains, enhancing Bitcoin’s functionality beyond a store of value.
Learn more here.
Four.Meme has unveiled a $10 million ecosystem fund to drive sustainable growth in the MemeFi sector. The initiative moves beyond speculation, focusing on real value creation through strategic funding, buybacks, and liquidity optimization.
Key benefits include project-driven investments, token buybacks using platform profits, and liquidity pool revenue allocation for marketing, buybacks, or airdrops. Four.Meme aims to support high-potential memecoin projects with long-term growth strategies.
Details in the article.
Sony’s blockchain network, Soneium, has teamed up with LINE to bring four popular mini-apps onto its platform. The move aims to make Web3 more accessible, allowing LINE’s vast user base to tap into blockchain perks like on-chain rewards, asset ownership, and digital collectibles.
Learn more about the benefits of the partnership here.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
Author
BSCN
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