North Carolina Bills Would Add Crypto To State’s Retirement System
North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin.
The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state’s Treasury to determine which digital assets could be suitable for inclusion into the state retirement funds.
An identical bill, the State Investment Modernization Act (Senate Bill 709), was introduced into the state’s Senate on March 25.
The North Carolina bills don’t set market cap criteria for digital assets, unlike other crypto bills that are working their way into law at the state level.
Berkshire-backed Nubank Adds ADA, NEAR, ATOM To Crypto Offerings
Nubank, a Latin American financial bank backed by Warren Buffett’s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio.
The bank is adding Cardano, Near Protocol, Cosmos and Algorand to its 100 million clients in Brazil.
Nubank’s revenue grew to nearly $3 billion at the end of 2024 from $245 million in the first quarter of 2021, Statista data show.
The four additional coins will bring Nubank Cripto’s total coin offerings to 20.
SEC’s Crypto Task Force Will Host 4 More Industry Roundtables
The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force will host four more roundtable discussions with the industry this spring, on topics ranging from tokenization to decentralized finance (DeFi).
The specific agenda and speakers for each roundtable have yet to be disclosed, but a roundtable on crypto custody will follow on April 25, with another to discuss tokenization and moving assets onchain on May 12. The fourth roundtable in the series will discuss DeFi on June 6.
GameStop Hints At Future Bitcoin Purchases Following Board Approval
GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets.
According to a March 25 CNBC report, the company announced that it would use a portion of its corporate cash or future debt issuances to invest in Bitcoin and US-dollar-pegged stablecoins.
GameStop appears poised to take a page out of Strategy’s playbook by adding Bitcoin to its balance sheet.
KULR Adds 668 BTC to its Portfolio, Reports 181.1% BTC Yield
KULR Technology Group, known for its energy management and thermal solutions, has expanded its Bitcoin holdings with a recent $5M purchase of 56.3 BTC at an average price of $88,824 per Bitcoin.
This brings its total BTC holdings to 668 BTC, acquired through multiple rounds of investment since announcing its Bitcoin treasury strategy in late 2024.
The company has invested $65M in Bitcoin at an average price of $97,305 per BTC. KULR measures the success of its Bitcoin strategy using BTC Yield, a proprietary KPI that tracks Bitcoin holdings relative to its fully diluted shares. As of now, its BTC Yield stands at 181.1% year-to-date.
Following this announcement, KULR’s stock price increased by 3.5% in pre-market trading.
Movement Network to Establish Strategic Reserve with $38 mn Recovered from Market Maker
Movement Network, an EVM-compatible blockchain, is setting up a Strategic Reserve for its MOVE token using $38 million USDT recovered from a market maker that dumped 66 million MOVE tokens after its Dec. 9 token generation event (TGE).
The funds will be used to buy back MOVE tokens over three months to support long-term stability and return liquidity to the ecosystem.
Following this announcement, MOVE surged 25% in the past day, according to Coingecko.
The issue was uncovered after Binance identified and froze the market maker’s proceeds, later offboarding them for misconduct.
Google Releases New AI Model as ChatGPT Retains 43% Market Share
Google introduced Gemini 2.5, its latest AI model, describing it as a “thinking model” capable of advanced reasoning in coding, science, and math tasks.
Developers can now try out Gemini 2.5 Pro, which supports more context-aware agents for improved accuracy and performance.
According to LMArena’s AI benchmarking data, Gemini 2.5 ranked second in the WebDev leaderboard, a real-time AI coding competition.
Meanwhile, ChatGPT remains the dominant AI tool, with over 40 billion visits in 2024, securing a 40% market share.
In February 2025, it maintained the top spot with 5.2 billion monthly visits (43% market share), despite rising competitors like DeepSeek, which saw 195% growth and climbed to third place.
PumpSwap Hits $426 mn Milestone, But Raydium Remains Solana’s Top DEX
PumpSwap, a decentralized exchange (DEX) on Solana, achieved a record daily trading volume of $426 million and attracted 243,000 users.
The platform also collected over $1 million in fees, including $213,000 in protocol charges on March 24. Despite this success, its market share remains at 14.5%, significantly lower than Raydium’s 46.1%.
PumpSwap saw a rapid rise from just $1,380 in trading volume on March 15 to $53.4 million on March 19, eventually peaking at $426 million on March 24.
Raydium, Solana’s leading DEX, has seen its dominance decline from nearly 60% on March 15 to 46.1% on March 24, partly due to PumpSwap’s rise. In response, Raydium announced a meme coin launcher, LaunchLab, to compete with Pump.fun.
Google Enforces Play Store Restrictions on 17 Crypto Services in Korea
South Korea’s Financial Intelligence Unit (FIU) has prompted Google to restrict access to 17 unregistered crypto apps on Google Play, affecting foreign exchanges like KuCoin and MEXC.
Users in South Korea will now face limitations on installing and updating these apps, reducing access to their services.
The crypto community reacted quickly, expressing concerns over increasing regulation. An FIU official stated that efforts are ongoing to block access to undeclared overseas exchanges in consultation with the Korea Communications Commission. This follows a pattern set in 2022 when the FIU blocked 16 unregistered exchanges.
The regulatory move has impacted KuCoin Token (KCS), which is priced at $11.30 with a $1.39 billion market cap as of March 26, 2025. While its trading volume surged by 81.53%, the token saw a 0.39% price decrease over 24 hours.
Celo Joins Ethereum as Layer-2 After Long Testing Phase
Celo has officially transitioned from a standalone Layer-1 to an Ethereum Layer-2 network using Optimism’s OP Stack and EigenDA for data availability.
This upgrade improves speed, security, and developer access while maintaining low transaction fees.
The migration, was in development for 20 months and aims to enhance Ethereum compatibility while reducing reliance on third-party bridges.
The transition allows Ethereum developers to integrate with Celo more easily, boosting adoption. Block times have improved from five seconds to one second, making transactions faster.
Following the announcement, CELO’s price rose nearly 4%, signaling investor support.
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