Ironlight Group has raised $21 million in a Series A round to expand infrastructure for tokenized securities, joining a rapidly growing sector that aims to bring traditional financial assets onto blockchain networks. The financing was backed by senior Wall Street executives including former TD Bank President and CEO Greg Braca, alongside institutional investors such as Sei Development Foundation and Laidlaw Private Equity. The funds will support the expansion of Ironlight Markets, a regulated alternative trading system designed to integrate issuance, distribution, and trading of tokenized assets. The platform operates under…
Month: March 2026
MEXC launches prediction market platform amid surge in event-based trading
Crypto exchange MEXC announced the launch of its new Prediction Market platform, allowing users to trade contracts tied to real-world outcomes such as geopolitical developments, macroeconomic events, and crypto industry milestones. The product turns global news events into tradable probability markets where traders can speculate on outcomes and adjust risk exposure in real time. MEXC said the platform will offer zero trading fees and millisecond-level execution speeds. Prediction markets have gained rapid traction over the past year. According to data cited by MEXC, leading platforms Polymarket and Kalshi processed more…
Abra Plans Nasdaq Debut in $750M SPAC Deal With New Providence
Digital asset wealth management platform Abra is going public through a reverse merger with special purpose acquisition company New Providence Acquisition Corp. III, marking the latest attempt by a crypto company to access public markets as investor interest in the sector rebounds. On Monday, Abra announced that it had signed a definitive agreement with the blank-check company, or SPAC, valuing the crypto wealth manager at a pre-money equity valuation of $750 million. Existing investors, including Pantera Capital, Blockchain Capital, RRE Ventures, Adams Street and SBI, will roll over their shares…
Jane Street resumes Bitcoin trading amid scrutiny over alleged insider activity
Jane Street, the quantitative trading powerhouse and authorized participant in spot Bitcoin ETFs, has resumed active crypto trading. According to data tracked by Lookonchain, wallets linked to the firm saw an inflow of 205 Bitcoin, worth about $15 million, from institutional exchanges BitMEX and LMAX Digital on Monday. Jane Street, recently accused of insider trading during the LUNA/Terra crash and dumping $BTC at 10 AM, is actively trading again. In the past 2 hours, wallets linked to #JaneStreet received 205.36 $BTC($15.08M) from BitMEX and LMAX Digital.https://t.co/6Jt6RTJRed pic.twitter.com/JJ4PKyCVA4 — Lookonchain (@lookonchain)…
US, UK, and Canada Launch Joint Operation to Disrupt Crypto Fraud
The US Secret Service, UK National Crime Agency, and Canadian authorities have partnered to disrupt fraudulent schemes related to crypto, raise awareness of scams, and recover stolen funds. In a Monday notice, law enforcement agencies from the three countries — including Canada’s Ontario Provincial Police and the Ontario Securities Commission — said that they had launched “Operation Atlantic,” focusing on identifying people at risk of losing or those who had already lost crypto through “approval phishing” schemes. “Approval phishing and investment scams cost victims millions in financial loss each year,”…
Bitcoin eyes eight straight green days as ETF inflows fuel the rally
Bitcoin just posted its best price since early February, touching $74.5K as a sustained wave of institutional buying through spot ETFs continues to power the rally. The asset is now eyeing eight consecutive green daily candles — a streak that hasn’t happened in months. Here’s the thing: while the price action screams confidence, the broader sentiment landscape is whispering something else entirely. The Fear and Greed Index sits at 23, deep in “Extreme Fear” territory. That’s up from a brutal 8 last week, but still the kind of reading you’d…
Bitmine buys 60,999 ether, boosting holdings to 4.6M tokens worth over $10B
Bitmine Immersion Technologies just made its biggest ether purchase of the year. The company scooped up 60,999 ETH last week, worth roughly $140 million at current prices, pushing its total holdings past the 4.59 million token mark. That stash is now valued at more than $10 billion. To put that in perspective, Bitmine controls approximately 3.8% of all circulating Ethereum supply. One company, nearly four cents of every ether in existence. The numbers behind the buy The 60,999-token purchase was only marginally larger than the previous week’s 60,976 ETH haul.…
Bitcoin Traders See Little Chance of a Breakout as BTC Eyes $75,000
Bitcoin achieved new six-week highs at the week’s first Wall Street open, but analysis stayed risk-off, arguing that the long-term BTC price downtrend was still in place. Bitcoin (BTC) hit $74,600 at Monday’s Wall Street open as US stocks gained on Iran war deescalation signals. Key points: Bitcoin sets another local high near $75,000 after a solid weekly close reclaimed key trend lines. Oil and gold both decline as tensions over the Strait of Hormuz ease slightly. Bitcoin traders are in no mood to trust the current “relief bounce.” BTC…
How a 2.85% Price Error Triggered $27M in Liquidations on Aave
Key takeaways A temporary 2.85% pricing discrepancy in wstETH collateral triggered about $27 million in liquidations on Aave, showing how even small technical issues can have major financial consequences in automated DeFi lending systems. The liquidation wave occurred because Aave’s system briefly valued wstETH at about 1.19 ETH instead of its market value near 1.23 ETH, making some borrowing positions appear undercollateralized. Price oracles are critical infrastructure in DeFi because they feed external market data to smart contracts, determining collateral values, loan health and when automated liquidations should occur. The…
3 Signs That $2,800 Is the Next Logical Target for Ethereum Bulls
Ether (ETH) bulls are eyeing a move back toward $2,800 in March, with at least three indicators showing ETH price potential to rise higher. Key takeaways: Ether’s price jumped by over 9% toward $2,280 on Monday. Multiple indicators, including a symmetrical triangle, hint at an extended price rally toward $2,800. Ether invalidates a bearish chart pattern On Sunday, Ether’s price action invalidated what initially appeared to be a bear pennant on the daily chart. Related: Ethereum Foundation sells $10.2M worth of ETH to BitMine in OTC deal The ETH/USD pair…