News
Weekly Article Recap: 3/17-3/21

Cronos Reverses $5.6B Token Burn, Raydium to launch pump.fun rival, SEC drops case against Ripple. Stay updated with the latrest crypto events.
BSCN
March 22, 2025
The Stories that You Can’t Afford to Miss This Week
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.
US SEC Drops Ripple Lawsuit: What it Means

The U.S. SEC has dropped its lawsuit against Ripple Labs, ending a legal battle that began in 2020. The move is seen as a major victory for Ripple and the broader crypto industry. The case was one of the first major regulatory challenges to a crypto firm, signaling a possible shift in how regulators approach digital assets.
Details in the article.
PumpFun Introduces PumpSwap to Challenge Raydium

PumpFun, the Solana-based token launchpad, has launched its own DEX, PumpSwap, aiming to streamline token migrations and reduce reliance on third-party exchanges.
The move comes as memecoin trading volume drops from $206B in January to $99.5B in February after the LIBRA scandal. PumpFun’s revenue also halved, falling from $60M to $30M, though it remains Solana’s seventh-largest protocol.
Read the full story.
Uniswap Approves $165.5M Growth Plan – How it Matters

The Uniswap community has approved two key governance proposals to expand its ecosystem, the Uniswap Foundation announced on March 19. The plan includes funding for Ethereum layer-2 Unichain, the Uniswap v4 protocol, and long-awaited liquidity incentives. Backed by a $165.5 million budget, the initiative aims to drive growth and innovation for the decentralized exchange.
Learn more.
Cronos Just Reversed a $5.6B Token Burn—Here’s What Happened

Cronos, the Layer 1 blockchain tied to Crypto.com, has approved a proposal to reissue 70 billion $CRO, reversing a 2021 token burn and restoring the total supply to 100 billion.
The tokens will go into a strategic reserve for ecosystem growth, institutional adoption, and a potential CRO-backed ETF. Critics point to a last-minute voting surge—mainly from Crypto.com-controlled validators—that secured the proposal’s passage, raising concerns about governance.
Read the full details.
Raydium to Launch Memecoin Rival to Challenge Pump.fun

Raydium, Solana’s top DEX, is set to launch LaunchLab, a memecoin launchpad rivaling Pump.fun, Blockworks reports. The move comes as Pump.fun works on its own AMM, hinting at a split from Raydium’s infrastructure.
Memecoins have become a key revenue stream for Raydium, with Pump.fun-generated tokens driving 41% of its swap fees in the past month. The battle for dominance in Solana’s DeFi ecosystem is heating up.
Find more information in the article.
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].
Latest News
Crypto Project & Token Reviews
Project & Token Reviews
Comprehensive reviews of crypto's most interesting projects and assets
Learn about the hottest projects & tokens
Latest Crypto News
Get up to date with the latest crypto news stories and events