news U.S. House Stablecoin Bill Goes Live in Flurry of <b>Crypto</b> Activity on Cap

The House version of stablecoin legislation was released publicly as another bill on <b>crypto</b> clarity was reintroduced and the Senate weighed its&nbsp;...

https://www.google.com/url?rct=j&sa=t&ur...JA_m9owPzW

news <b>Crypto</b> Today: SHIB, DOGE and PEPE enter $6B gains as BTC aims at $90k -

<b>Crypto</b> news updates: SEC closes investigation into Immutable with no charges. The US Securities and Exchange Commission (SEC) has officially ended its&nbsp;...

https://www.google.com/url?rct=j&sa=t&ur...qO7i1EoAQU

News Celo becomes Ethereum L2 with Optimism rollup implementation



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWQyYzMtYzZlMy03NjBjLTg4ZmMtOWRjYjE3YmYwMzE1.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWQyYzMtYzZlMy03NjBjLTg4ZmMtOWRjYjE3YmYwMzE1.jpg" alt="Celo becomes Ethereum L2 with Optimism rollup implementation"></p><p>Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol.<p>Celo announced the successful transition in a March 26 X <a data-ct-non-breakable="null" href="https://x.com/Celo/status/1904776407215202508" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/Celo/status/1904776407215202508">post</a>, stating that &ldquo;Celo is officially an Ethereum layer 2&rdquo; protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, and Tether&rsquo;s USDt (<a data-ct-non-breakable="null" href="/tether-price-index" rel="null" target="null" text="null" title="null">USDT</a>) and USDC (<a data-ct-non-breakable="null" href="/usdc-price-index" rel="null" target="null" text="null" title="null">USDC</a>) as gas.</p><p>Celo first&nbsp;<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/celo-blockchain-proposes-return-to-ethereum-ecosystem-transition-to-l2" rel="null" target="null" text="null" title="null">proposed this transition</a>&nbsp;in the summer of 2023, and it is now completed after block production on the old layer-1 platform halted and continued on the new network. The new platform is based on the OP technology stack and an optimistic rollups implementation.</p><figure><img alt="Scalability, Celo, Layer2" src="https://s3.cointelegraph.com/uploads/2025-03/0195d2c9-17ed-7a8c-abba-1fbbd785ce4a" title=""><figcaption style="text-align: center;"><p><em>Source: </em><a data-ct-non-breakable="null" href="https://x.com/Celo/status/1904776407215202508" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/Celo/status/1904776407215202508"><em>Celo</em></a></p></figcaption></figure><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/vitalik-buterin-celo-surpass-tron-stablecoin-address" rel="" target="_self" text="null" title="https://cointelegraph.com/news/vitalik-buterin-celo-surpass-tron-stablecoin-address"><em><strong>Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses</strong></em></a></p><h2>Optimism-based architecture</h2><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/explained/what-are-blockchain-rollups" rel="" target="_self" text="null" title="https://cointelegraph.com/explained/what-are-blockchain-rollups">Blockchain rollups</a> are layer-2 scaling solutions designed to bundle multiple transactions off the main blockchain, reducing congestion and lowering transaction fees. Optimistic rollups owe their name to their assumption that offchain transactions are valid by default, only resorting to fraud proofs during a challenge period if discrepancies are detected on the main chain.</p><p>Marek Olszewski, CEO of Celo developer cLabs, told Cointelegraph that &ldquo;migrating to an Ethereum L2 enhances Celo&rsquo;s security and scalability.&rdquo; He added:</p><blockquote>&ldquo;Celo transactions are now anchored to Ethereum, inheriting its battle-tested economic security and decentralization. Celo L2 also offers one-second block times and near-instant confirmations.&ldquo;</blockquote><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/a-beginners-guide-to-understanding-the-layers-of-blockchain-technology" rel="" target="_self" text="null" title="https://cointelegraph.com/learn/articles/a-beginners-guide-to-understanding-the-layers-of-blockchain-technology"><em><strong>A beginner&rsquo;s guide to understanding the layers of blockchain technology</strong></em></a></p><h2>Leveraging Ethereum&rsquo;s network effects</h2><p>Irfan Shaik, founder of rollup protocol Interstate, also recognized the change as positive for the protocol. He highlighted that Ethereum &ldquo;has the greatest network effects of any chain,&rdquo; adding:</p><blockquote>&ldquo;Layer 1s with liquidity fragmentation can instead tap into the largest pool of liquidity available, the ETH layer 1s.&ldquo;</blockquote><p>Olszewski also shared his enthusiasm over the transition to the OP tech stack, saying it allows for &ldquo;deeper composability with Ethereum-native apps and protocols.&rdquo; The new system is also significantly simplified, with 365,000 fewer lines of code &mdash; decreasing attack surface and, according to him, leading to a lighter, cleaner and faster codebase.</p><p>He also highlighted that the upgrade preserved Celo&rsquo;s near five-year chain history and was carried out in a trustless manner. The token was also moved to the Ethereum blockchain, which Olszewski pointed out should sensibly increase its liquidity. He explained:</p><p>&ldquo;What this means is that Celo becomes a fully-aligned Ethereum layer 2 &mdash; by architecture, by ecosystem and by mission.&ldquo;</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/dummies-guide-to-native-rollups-l2s-as-secure-as-ethereum-itself/" rel="" target="_self" text="null" title="https://cointelegraph.com/magazine/dummies-guide-to-native-rollups-l2s-as-secure-as-ethereum-itself/"><em><strong>What are native rollups? Full guide to Ethereum&rsquo;s latest innovation</strong></em></a></p><template data-name="subscription_form" data-type="defi_newsletter" label="Subscription Form: DeFi Newsletter"></template></p>
</p>



https://cointelegraph.com/news/celo-migr...er_inbound

news Blockchain, <b>Crypto</b> &amp; Digital Assets - FinTech Futures

Explore the latest news and expert commentary on Blockchain, <b>Crypto</b> &amp; Digital Assets, brought to you by the editors of FinTech Futures.

https://www.google.com/url?rct=j&sa=t&ur...9zhNKncOoC

news <b>Crypto</b> influencer Ben 'BitBoy' Armstrong arrested in Florida - C

<b>Crypto</b> influencer Ben “BitBoy,” Armstrong has been arrested in Florida only a few days after disclosing on social media he had a warrant out for&nbsp;...

https://www.google.com/url?rct=j&sa=t&ur...jPsf3CXJuN

news Italy's Finance Minister raises alarm over <b>crypto</b> as economic weapon

Giancarlo Giorgetti has warned that global competition now hinges on unconventional economic weapons—cryptocurrencies and tariffs.

https://www.google.com/url?rct=j&sa=t&ur...10lLhwn93G

news GameStop's <b>crypto</b> pivot boosts shares of one-time retail investor fa

<b>CRYPTO</b> BOOST UNSUSTAINABLE. It is hard to see how the investment in bitcoin will drive GameStop's shares materially higher, Wedbush's Pachter said.

https://www.google.com/url?rct=j&sa=t&ur...nz_BeyptAo

news Fineqia International CEO on global <b>crypto</b> ETF momentum - YouTube

... <b>crypto</b> exchange-traded products (ETPs) globally. Rangar discussed the rapid growth in this sector, noting how approvals of Bitcoin and Ethereum&nbsp;...

https://www.google.com/url?rct=j&sa=t&ur...5ciPKLJaP6

news Interactive Brokers Expands <b>Crypto</b> Trading with New Tokens - Business Wi

Clients trading <b>crypto</b> through the Interactive Brokers platform can: Hold both USD and cryptocurrencies in their <b>crypto</b> trading account; Trade&nbsp;...

https://www.google.com/url?rct=j&sa=t&ur...MTZmOGMkNI-

News Firms without business models ‘buy Bitcoin’ — Angel investor Jason Calaca



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWQyOWEtNTEzOC03MjdiLTlkMDYtMzFkYWQ4ODhhYTJh.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWQyOWEtNTEzOC03MjdiLTlkMDYtMzFkYWQ4ODhhYTJh.jpg" alt="Firms without business models ‘buy Bitcoin’ — Angel investor Jason Calacanis"></p><p>Prominent US-based angel investor Jason Calacanis poked fun at GameStop&rsquo;s decision to invest in Bitcoin.<p>In a March 26 X post, Calacanis suggested that buying Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) was a solution well-suited for public companies that do not have a suitable business model:</p><blockquote>&ldquo;If you&rsquo;re a public company that can&rsquo;t figure out a business model, buy Bitcoin! This might actually be great advice if [Strategy co-founder Michael Saylor] is gonna buy $1T in Bitcoin.&rdquo;</blockquote><p>Still, Tomas Fanta, principal at crypto investment firm Heartcore, told Cointelegraph that there are tangible long-term benefits to <a data-ct-non-breakable="null" href="https://cointelegraph.com/explained/bitcoin-on-corporate-balance-sheets-whats-the-risk-and-reward" rel="null" target="null" text="null" title="null">holding Bitcoin on a corporate balance sheet</a>. Among those he listed were long-term price appreciation and theoretically lower correlation to equity markets over time.</p><p>&ldquo;I do disagree with the view, though, that failing companies should be using Bitcoin as the last-ditch strategy,&rdquo; Fanta said.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/gamestop-future-bitcoin-purchases-board-approval" rel="null" target="null" text="null" title="null"><em><strong>GameStop hints at future Bitcoin purchases following board approval</strong></em></a></p><figure><img alt="Firms without business models &lsquo;buy Bitcoin&rsquo; &mdash; Angel investor Jason Calacanis" src="https://s3.cointelegraph.com/uploads/2025-03/0195d29d-9d7f-7560-a835-9b82b0fdb954" title=""><figcaption style="text-align: center;"><p><em>Source: </em><a data-ct-non-breakable="null" href="https://x.com/Jason/status/1904700167413989683" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/Jason/status/1904700167413989683"><em>Jason</em></a></p></figcaption></figure><h2>Is GameStop&rsquo;s adoption part of a trend?</h2><p>Fanta said that while &ldquo;one case is not enough to gauge a broader trend,&rdquo; there does appear to be such a trend:</p><blockquote>&ldquo;We may actually be witnessing one of the first experiments with corporate treasury diversification into crypto outside of tech or crypto-aligned companies such as Tesla or Coinbase.&rdquo;</blockquote><p>Saul Rejwan, managing partner at crypto early-stage venture capital firm Masterkey, echoed the sentiment. According to him, companies are increasingly trying to secure themselves against long-term monetary shifts.</p><p>&ldquo;Bitcoin&rsquo;s role as a corporate reserve asset is no longer fringe; it&rsquo;s becoming a legitimate play for companies that want to align themselves with a digitally-native, inflation-resistant financial future,&rdquo; he said. &ldquo;While not every company will follow suit, GameStop&rsquo;s move joins a growing chorus,&rdquo; Rejwan added.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/gamestop-bitcoin-buys-would-shake-tradfi-investors-swan-md" rel="null" target="null" text="null" title="null"><em><strong>GameStop buying Bitcoin would &lsquo;bake the noodles&rsquo; of TradFi: Swan exec</strong></em></a></p><h2>Adopting Bitcoin is adapting to change</h2><p>Rejwan also noted that historically successful companies often falter when they resist change &mdash; citing Nokia as an example &mdash; and said adopting Bitcoin could be viewed as a strategic adaptation:</p><blockquote>&ldquo;When done transparently and with proper risk management, Bitcoin can bring long-term resilience to corporate balance sheets &mdash; especially for brands with low time preference and strong alignment with digital-native values.&rdquo;</blockquote><p>This idea was also repeated by Georgii Verbitskii, founder of crypto investment app TYMIO, who said that GameStop &ldquo;could well become the example the market is waiting for.&rdquo; He added:</p><blockquote>&ldquo;Adding Bitcoin to a corporate balance sheet isn&rsquo;t just speculative &mdash; it has real, long-term upside if executed properly.&rdquo;</blockquote><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/" rel="null" target="null" text="null" title="null"><em><strong>SEC&rsquo;s U-turn on crypto leaves key questions unanswered</strong></em></a></p><template data-name="subscription_form" data-type="crypto_biz" label="Subscription Form: Crypto Biz Newsletter"></template></p>
</p>



https://cointelegraph.com/news/firms-wit...er_inbound