Hester Peirce calls for SEC rulemaking to ‘bake in’ crypto regulation

US Securities and Exchange Commission (SEC) member Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views.   Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC’s crypto task force, said she expected that the commission could create more “durability” for digital asset…

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GameStop jumps 12% after Bitcoin purchase plans

GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion convertible notes offering. The convertible senior notes — debt that can later be converted into equity —…

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Celo becomes Ethereum L2 with Optimism rollup implementation

Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs,…

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What are exit liquidity traps — and how to detect them before it is too late

Key takeaways Exit liquidity traps occur when new investors unknowingly provide liquidity for insiders to cash out, leaving them with devalued assets.​ FOMO drives impulsive trades, often leading to costly mistakes and becoming exit liquidity for early movers. Beware of projects with exaggerated claims, low liquidity, anonymous teams or sudden price surges. Investing in high-market-cap…

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