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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
03/08/2026 09:58 AM Florida Passes First U.S. Stablecoin Law: What SB 1568 Means for Crypto Regulation
TLDR: Florida’s SB 1568 passed 37-0, making it the first U.S. state stablecoin regulatory framework. Stablecoin issuers must hold 1:1 reserves in cash or U.S. Treasuries under Florida’s new law. Payment stablecoins are classified as non-securities under Florida law, ending years of legal uncertainty. Issuers exceeding $10B must shift to federal oversight under the GENIUS [...]
The post Florida Passes First U.S. Stablecoin Law: What SB 1568 Means for Crypto Regulation appeared first on Blockonomi.
03/08/2026 09:45 AM ZEC’s Historic Rally and Collapse: What Drove the $7 Billion Wipeout
TLDR: ZEC surged over 700% from sub-$50 levels, briefly hitting $750 and nearing a $10 billion market cap in 2025. Winklevoss Capital and Cypherpunk Technologies poured over $76 million into ZEC during the peak privacy narrative rally. Zcash DeFi TVL collapsed from $30 million to under $2 million weeks before the governance crisis became public [...]
The post ZEC’s Historic Rally and Collapse: What Drove the $7 Billion Wipeout appeared first on Blockonomi.
03/08/2026 09:24 AM Prediction Market Giant Kalshi Faces Federal Lawsuit Over Khamenei Bet Payout Refusal
TLDR: Kalshi is facing a $54 million class-action lawsuit over its refusal to pay out on the Khamenei market. Plaintiffs argue Kalshi’s death carveout was applied after Khamenei’s death, not before trading began. Kalshi claims its rules were always clear and that it reimbursed all fees and net losses to affected users. The lawsuit could [...]
The post Prediction Market Giant Kalshi Faces Federal Lawsuit Over Khamenei Bet Payout Refusal appeared first on Blockonomi.
03/08/2026 09:17 AM Ethereum (ETH) Co-Founder Moves $157M to Exchange — Price Crash Ahead?
Ethereum co-founder Jeffrey Wilcke transfers $157M in ETH to Kraken. With insider sales rising and ETH down 34% YTD, could further drops be ahead?
The post Ethereum (ETH) Co-Founder Moves $157M to Exchange — Price Crash Ahead? appeared first on Blockonomi.
03/08/2026 09:16 AM Federal Judge Tosses Terror Financing Case Against Binance and CZ Following Court Victory
A Manhattan federal judge dismissed terrorism financing allegations against Binance and CZ, citing lack of direct evidence linking the exchange to specific attacks.
The post Federal Judge Tosses Terror Financing Case Against Binance and CZ Following Court Victory appeared first on Blockonomi.
03/08/2026 09:01 AM XRP Price Analysis: Potential Decline to $1 Looms as ETFs Experience Weekly Outflows
XRP trades at $1.35 as ETFs record first weekly outflows since January. Analyst forecasts potential dip to $1, but Ripple CEO remains bullish long-term.
The post XRP Price Analysis: Potential Decline to $1 Looms as ETFs Experience Weekly Outflows appeared first on Blockonomi.
03/08/2026 09:00 AM Seattle CFO Sentenced to Prison After Losing $35M in Secret Crypto Gamble
Ex-Seattle CFO Nevin Shetty gets 2 years in prison for secretly investing $35M in company funds into crypto platforms that crashed to zero in May 2022.
The post Seattle CFO Sentenced to Prison After Losing $35M in Secret Crypto Gamble appeared first on Blockonomi.
03/08/2026 08:55 AM Kalshi Hit With Class Action Lawsuit Over Khamenei Market Settlement
Kalshi faces class action lawsuit after applying 'death carveout' rule to block full payouts on $54M prediction market tied to Ali Khamenei's removal.
The post Kalshi Hit With Class Action Lawsuit Over Khamenei Market Settlement appeared first on Blockonomi.
03/08/2026 08:43 AM Bitcoin (BTC) Price: Whales Dumped 66% of Holdings at $74K Peak — Data Analysis
Bitcoin (BTC) drops to $67K as whales sell 66% of holdings accumulated below $70K. ETF outflows hit $348M while Fear Index reaches extreme low of 12.
The post Bitcoin (BTC) Price: Whales Dumped 66% of Holdings at $74K Peak — Data Analysis appeared first on Blockonomi.
03/08/2026 08:38 AM Curve Stablecoin Pool Outperforms Uniswap With Higher Volume Efficiency
TLDR: Curve’s USDC/USDT pool processes 75% of Uniswap volume with only one eighth of the liquidity available. Liquidity providers earn about 2.5% base yield on Curve compared with under 1% across Uniswap pools. Curve’s stablecoin focused AMM concentrates liquidity near parity to increase capital efficiency. Maximum boosted rewards can lift liquidity provider returns on Curve [...]
The post Curve Stablecoin Pool Outperforms Uniswap With Higher Volume Efficiency appeared first on Blockonomi.
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