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In brief Colossus is attempting to bypass Visa and Mastercard by building its own sovereign credit card rail using an Ethereum layer-2 network. The company is leveraging its interpretation of the GENIUS Act to operate without the traditional KYC or AML requirements. The startup’s launch follows the total collapse of UnCash, which was shut down by a “corporate guillotine.” Joseph Delong’s desk looks less like a developer’s workstation these days and more like an electronics repair shop, littered with technology that crypto was pioneered to replace.That’s because the veteran Ethereum developer and former SushiSwap CTO has accumulated what he describes…

The Crypto Fear and Greed Index, one of the most widely used gauges of crypto investor sentiment, has fallen back down to “extreme fear” levels after briefly recovering on Wednesday.The Crypto Fear and Greed Index is at 18 at the time of this writing, down from the 20 recorded on Friday, according to CoinMarketCap. 20 signals “fear,” an atmosphere of caution among investors, but an improvement over rock-bottom market sentiment.Sentiment briefly spiked to 25 on Wednesday, but contracted as geopolitical tensions between the US, Israel and Iran continue to erode risk appetite and increase macroeconomic uncertainty among market participants. The…

U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S.London-based betting exchange operator Smarkets has taken a formal step toward launching a federally regulated prediction market platform in the United States.A new filing posted to the Commodity Futures Trading Commission’s industry portal on March 4 shows Smarkets Board of Trade Exchange LLC applying to become a Designated Contract Market (DCM), the regulatory status that allows platforms like Kalshi, Crypto.com, and Polymarket US to offer event contract trading nationwide under federal commodities law. If approved, the designation would allow Smarkets to operate its own exchange and…

New York, United States, March 7th, 2026, Chainwire OmniPact, a decentralized protocol building a trust layer for peer-to-peer transactions of physical and digital assets, announced today it has raised $50 million in a private funding round. The investment will speed up the development of its mainnet, integration of cross-chain features, and deployment of its decentralized arbitration module. The funding round was backed by a consortium of institutional investors and family offices that requested anonymity. Investors voiced confidence in OmniPact’s technical roadmap and its ability to set new standards for secure, intermediary-free transactions across Web4 and traditional commerce. A significant share…

Dubai, UAE, March 6th, 2026, Chainwire Utexo makes Bitcoin-native stablecoin settlement practical, predictable, and easy to integrate Utexo now announces the raise of a $7.5M seed round co-led by Tether, Big Brain Holdings, and Portal Ventures, with participation from Franklin Templeton, Maven11 Capital, Fulgur Ventures, Alchemy VC, Ethereal Ventures, Auros Ventures, Arcanum Capital, Paper Ventures, Axia8, FlowTraders, Plan B, Gate Ventures, Sats Ventures and strategic angels including operators from Ledger, Hyperion, BTC Turk, Echo, Legion, and SOLV. Bitcoin has always been central to Tether’s long-term vision for USDT, but turning that idea into reality required infrastructure that didn’t yet exist.…

DUBAI, UAE, March 6, 2026 /PRNewswire/ — As digital asset markets face renewed volatility and investor sentiment turns cautious, Bybit and Tether, the largest company in the digital asset industry today, announced an expanded collaboration centered on tokenized gold, launching the joint “Golden Season” initiative with more than $1 million in gold-backed rewards. The program builds on the two companies’ long-standing collaboration around liquidity, stablecoin infrastructure, and asset tokenization, reflecting a shared focus on delivering stability and real-world value to crypto investors during turbulent markets. Standing With Users When It Matters Most With the crypto Fear & Greed Index recently touching extreme-fear…

Dubai, United Arab Emirates, March 5th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, officially kicks off the Bybit TradFi Stock Festival’s Wall Street Showdown competition with a 100,000 USDT prize pool as Bybit TradFi continues to announce new stock CFDs weekly.  Geopolitical tensions and global uncertainty continue to weigh on markets this week. With the S&P 500 trading at 6,869.50, the Nasdaq Composite at 22,807.48, and BTC rebounding above $73,000, Bybit TradFi’s Wall Street Showdown has been activated at an opportune time for traders diversifying across multiple asset classes. Bybit TradFi’s round-the-clock access to commodities, energy…

CANYON, Texas, March 5, 2026 /PRNewswire/ — Beef.com, the category-defining global domain acquired by Texas Slim, today announced it is building the first dedicated digital infrastructure network for the global beef industry — connecting ranchers directly to pricing, payment, and market settlement for the first time at scale. Experience the full interactive Multichannel News Release here: https://www.multivu.com/beef-com/9385451-en-beef-com-launches-digital-network-for-global-beef-industry  This is not an e-commerce launch. It is infrastructure. American ranchers operate inside a system built against them — opaque pricing, slow payments, and middlemen extracting margin at every step. Beef.com is being built to change that structure, not work around it. The…

Singapore, Singapore, March 5th, 2026, Chainwire iZUMi Finance has announced a strategic agreement with CIMG Inc. (Nasdaq: IMG) (“CIMG”), a Nasdaq-listed digital asset company, under which CIMG intends to pursue the proposed acquisition of selected key assets, core patents, and intellectual property from iZUMi Finance. The proposed acquisition builds on the firms’ prior engagement, including the jointly launched $20 million Upstarts Fund, and represents a significant step in CIMG’s strategy to expand its institutional decentralized finance (DeFi) infrastructure. Through the acquisition of iZUMi Finance’s technology assets and liquidity infrastructure, CIMG aims to strengthen its DeFi architecture and deepen its presence…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…