Sony’s Soneium blockchain, Animoca Brands bring anime to Web3

Sony’s Soneium blockchain partnered with Animoca Brands to boost anime culture in Web3 by integrating anime artwork in decentralized digital identities. 

On March 27, the companies announced a collaboration that targets global anime and manga fans to boost user engagement in Web3. 

With the partnership, Animoca’s digital identity infrastructure platform, Moca Network, will create an identity layer on the Soneium blockchain, starting with Anime ID, a decentralized identifier and reputation layer.

Anime ID is spearheaded by San FranTokyo, an initiative to integrate traditional anime and manga culture with decentralized technologies. 

Anime-themed experiences are coming to Web3

The partnership integrates Moca Network’s Account, Identity and Reputation Software Development Kit (AIR SDK) into the Soneium blockchain. This allows users to maintain embedded accounts with unique identities and credentials as they use different decentralized applications (DApps) on the network. 

San FranTokyo’s Anime ID will be the first to adopt the AIR SDK, enhancing anime fan engagement on Soneium. In

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Hyperliquid whale still holds 10% of JELLY memecoin after $6.2M exploit

A crypto whale who allegedly manipulated the prize of the Jelly my Jelly (JELLY) memecoin on decentralized exchange Hyperliquid still holds nearly $2 million worth of the token, according to blockchain analysts.

The unidentified whale made at least $6.26 million in profit by exploiting the liquidation parameters on Hyperliquid.

According to a postmortem report by blockchain intelligence firm Arkham, the whale opened three large trading positions within five minutes: two long positions worth $2.15 million and $1.9 million, and a $4.1 million short position that effectively offset the longs.

Source: Arkham

When the price of JELLY rose by 400%, the $4 million short position wasn’t immediately liquidated due to its size. Instead, it was absorbed into the Hyperliquidity Provider Vault (HLP), which is designed to liquidate large positions.

Related: Polymarket faces scrutiny over $7M Ukraine

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South Korea temporarily lifts Upbit’s 3-month ban on serving new clients

A South Korean court temporarily lifted the partial business suspension on crypto exchange Upbit that had prohibited the trading platform from servicing new clients for three months. 

On Feb. 25, South Korea’s Financial Intelligence Unit (FIU) sanctioned the exchange, imposing a three-month ban on deposits and withdrawals for new clients. The FIU previously said the suspension was in response to Upbit’s violations of policies that prohibit exchanges from transacting with unregistered virtual asset service providers (VASPs). 

In response to the FIU’s sanction, Upbit’s parent company, Dunamu, filed a lawsuit against the FIU, seeking to overturn the partial suspension order. In addition, Dunamu requested an injunction to temporarily lift the suspension order. 

On March 27, local media Newsis reported that the court granted the injunction, moving the suspension order 30 days after a court judgment is reached. This allows

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Bitcoin price prediction markets bet BTC won't go higher than $138K in 2025

BItcoin (BTC) retains a $138,000 price target for 2025 as the market recovers from US trade tariffs, new analysis concludes.

Data covering bets on prediction service Polymarket suggests that BTC/USD could still gain around 60% from current levels this year.

“Conservative” Polymarket users cap BTC price upside at 60%

Bitcoin bull market projections have taken a beating this quarter thanks to multiple setbacks impacting crypto and the wider risk-asset spectrum.

Now, an assessment of all potential BTC price outcomes on Polymarket concludes that the bull market cycle may be capped at around 60% before 2026.

The results were uploaded to X by user Ashwin on March 27 and show that price bets extend all the way down to $59,000.

“The great thing about this analysis is that it not only provides a market sentiment score, like the Fear and Greed Index, but also attaches to it

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DeFi’s yield model is broken — Here’s how we fix it

Opinion by: Marc Boiron, chief executive officer of Polygon Labs

Decentralized finance (DeFi) needs a reality check. Protocols have chased growth through token emissions that promise eye-popping annual percentage yields (APYs) for years, only to watch liquidity evaporate when incentives dry up. The current state of DeFi is too driven by mercenary capital, which is creating artificial ecosystems doomed to collapse.

The industry has been caught in a destructive cycle: Launch a governance token, distribute it generously to liquidity providers to boost total value locked (TVL), celebrate growth metrics, and watch helplessly as yield farmers withdraw their capital and move to the next hot protocol. This model doesn’t build lasting value — it creates temporary illusions of success.

DeFi deserves a better approach to value creation and capital efficiency. The current emission-driven yield model has three fatal flaws that continue to undermine the industry’s potential.

Inflationary emissions

Most yield in DeFi comes from<a data-ct-non-breakable="null" href="https://cointelegraph.com/explained/how-do-inflationary-vs-deflationary-token-models-affect-market-liquidity"

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Ghibli memecoins surge as internet flooded with Studio Ghibli-style AI images

Solana Ghibli-inspired memecoins are surging in popularity as ChatGPT users have flooded social media with Studio Ghibli-inspired images over the past 24 hours.

On March 25, OpenAI launched image generation for its ChatGPT-4o mode, leading users to splash images across social media style in the art style of Studio Ghibli — known for its anime films Spirited Away and My Neighbor Totoro.

OpenAI CEO Sam Altman and billionaire entrepreneur Elon Musk contributed to the trend, posting portraits of themselves generated by the model. Musk, with over 219 million followers on his platform X, has a history of influencing memecoins such as Shiba Inu (SHIB) and Dogecoin (DOGE) with his posts.

Sam Altman posted a Studio Ghibli-inspired AI image while announcing ChatGPT’s image generation tool. Source: Sam

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Robinhood offers to Uber cash to customers and have AI give trading advice

Trading platform Robinhood Markets plans to offer a service that delivers cash to its customers alongside an artificial intelligence research assistant that offers trading advice.

The company said in a March 27 blog post that its online banking arm, Robinhood Banking, will offer savings accounts to its Gold subscribers through its partner Coastal Community Bank and will be given the option to have physical cash delivered on demand.

“You could be sitting at home and decide to get a cash delivery the same way you’d want to order an Uber or a Postmates,” Robinhood Markets CEO Vlad Tenev said during a livestream

He added there are already home delivery services for groceries and meals, but banking still “hasn’t progressed that much past the branch office and the ATM.”

https://t.co/oGJ630tmI2

— Robinhood (@RobinhoodApp) March 27, 2025

“In the past, cash delivery was a service that some private

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OpenAI expects to 3X revenue in 2025 but Chinese AI firms are heating up

OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress.

The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person familiar with the matter.

The 2025 estimate is a little higher than the $11.6 billion revenue target that OpenAI was reportedly eyeing for 2025, The New York Times reported last September.

Bloomberg noted that the bulk of ChatGPT’s revenue has come from its paid AI software subscription offerings for consumers and businesses.

OpenAI reportedly hit 1 million paid users for the corporate versions of ChatGPT last September, while the company more recently added a $200 monthly ChatGPT Pro option.

The Sam Altman-led firm does <a

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The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

France-based The Blockchain Group has added another 580 Bitcoin to its Bitcoin treasury, following a 225% surge in its stock price since it began hoarding Bitcoin in November.

This is the largest of the three Bitcoin purchases made by the organization, per a March 26 after-hours statement. At the time of publication, 580 Bitcoin is worth $50.64 million, with Bitcoin’s (BTC) price trading at $87,311, according to CoinMarketCap data.

First purchases at pivotal Bitcoin moments

The Blockchain Group’s first two Bitcoin purchases happened around significant milestones for the Bitcoin industry. It bought 15 BTC on Nov. 5, the same day Donald Trump won the United States presidential election and before Bitcoin went on a month-long rally that saw it reach $100,000 for the first time in December.

Bitcoin is up 24.38% over the past

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Crypto urges Congress to change DOJ rule used against Tornado Cash devs

A coalition of crypto firms has urged Congress to press the Department of Justice to amend an “unprecedented and overly expansive” interpretation of laws that were used to charge the developers of the crypto mixer Tornado Cash.

A March 26 letter signed by 34 crypto companies and advocate groups sent to the Senate Banking Committee, House Financial Services Committee and the House and Senate judiciary committees said the DOJ’s take on unlicensed money-transmitting business means “essentially every blockchain developer could be prosecuted as a criminal.”

The letter — led by the DeFi Education Fund and signed by the likes of Kraken and Coinbase — added that the Justice Department’s interpretation “creates confusion and ambiguity” and “threatens the viability of U.S.-based software development in the digital asset industry.”

The group said the DOJ debuted its position “in August 2023 via criminal indictment” — the same time it charged <a data-ct-non-breakable="null"

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