Weekly Article Recap: 3/03-3/07

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.

Trump's Crypto Strategic Reserve: Which Coins Made the Cut?

U.S. President Donald Trump announced the creation of a Crypto Strategic Reserve, making the government an official holder of digital assets. The reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), as revealed on Truth Social. The move follows Trump's January executive order on digital assets, initially met with skepticism.

Why these five cryptos? And what’s next for the market?

Read the full story. 

How Did Bybit Hackers Launder $1.39B in 10 Days? 

ByBit hackers have successfully laundered all 499,000 ETH ($1.39B) stolen from the exchange, per EmberCN. The process took just 10 days, with THORChain facilitating $5.9B in transactions and earning $5.5M in fees. Hackers used mixing techniques and non-KYC platforms to cover their tracks.

Details in the article. 

Ronaldinho’s STAR10 Token: A Game-Changer or a Red Flag?

Brazilian football icon Ronaldinho has unveiled his STAR10 token on BNB Chain, promising exclusive fan perks and AI-driven insights. The launch follows his warning against fake meme coins using his name. However, on-chain data suggests insider trading, with STAR10 briefly hitting a $300M market cap before a sharp drop. Investors now question whether this is a true Web3 project or just another celebrity token cash grab.

Find more information here. 

USDT to Overcome Its Biggest Problem With Chainlink, Hyperlane, and Velodrome

A new interoperable version of USDT, OpenUSDT (oUSDT), is set to improve liquidity and scalability across multiple blockchains. Developed by Chainlink, Hyperlane, and Velodrome, oUSDT is designed for the OP Superchain, a network of 30+ blockchains.

Leveraging Hyperlane’s cross-chain framework and Chainlink’s security, oUSDT enables seamless movement across Superchain networks, addressing key stablecoin adoption challenges.

Learn more. 

Avalanche Visa Card: Everything You Need to Know

The Avalanche Foundation has introduced the Avalanche Card, a Visa-backed payment card enabling users to spend crypto at traditional merchants. Developed in partnership with liquidity provider Rain, the card allows seamless digital asset transactions wherever Visa is accepted, bridging DeFi with everyday spending.

Details in the article.