Crypto | CRYPTO WORLD NETWORK NEWS

Crypto firm files for Chapter 11 bankruptcy after founder’s arrest

March 30, 2026March 28, 2026 RAA

Goliath Ventures, an Orlando, Florida-based crypto firm, filed for Chapter 11 bankruptcy, Bondoro reported on March 16. The company, tied to an alleged $328 million Ponzi scheme, filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Florida. Chapter 11 bankruptcy is a court-supervised restructuring process that allows crypto firms to stabilize operations, pause client withdrawals, and repay creditors rather than immediately liquidating assets. Goliath accused of running Ponzi scheme It was on Feb. 24 that Goliath Ventures, formerly Gen-Z Venture Firm, founder and CEO Christopher Delgado…

Hong Kong’s Boyaa Interactive eyes $70M crypto treasury expansion

March 25, 2026March 29, 2026 RAA

Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding. Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on Sunday, the Hong Kong-listed company said it is looking to use its “idle cash reserves during periods of weakness in the cryptocurrency market” to increase its existing positions and to support the research and development…

Fidelity urges SEC to move further on crypto activity by broker-dealers

March 22, 2026March 30, 2026 RAA

Fidelity called for updated reporting rules and clearer guidance on how decentralized platforms and alternative trading systems should operate under US law. Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month by the regulator’s Crypto Task Force. Fidelity said it is “critical” for the SEC…

Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting

March 13, 2026March 12, 2026 RAA

Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, imposing comprehensive reporting requirements for bitcoin and crypto activity. The rule targets Bitcoin (BTC) and other digital assets. It mandates that residents and entities disclose nearly all transactions exceeding $5,000 per year. The resolution requires platforms and administrators to submit detailed data, including wallet addresses, blockchain networks, and transaction hashes. Obligated parties must also report the date and time of each transaction, the amount and USD value, fees paid, and counterparty information, according to local reporting. The…

SWIFT Taps Ripple’s Partner To Complete Landmark Trial

March 12, 2026 RAA

SWIFT’s choice to add a distributed blockchain ledger to their 50-year old financial system has caught the attention of the industry. With the ISO 20022 certification going on, DLT-designed blockchains like Ripple’s XRP Ledger, Hedera Hashgraph (HBAR) & Stellar Lumens (XLM) covers all the bases. However, the future of finance might be a merge of multiple digital ecosystems – a truly interoperable money system that moves funds in an immediate manner. To make this a reality, SWIFT just completed their interoperability pilot in collaboration with BNP Paribas, HSBC Bank, Intesa…

Shiba Inu (SHIB) Has 500 Billion Left Until Historic Threshold Is Broken

March 11, 2026March 12, 2026 RAA

The main reason for Shiba Inu’s fall is the enormous supply on exchanges, which is finally declining. A crucial on-chain milestone that could have a big impact on Shiba Inu’s market behavior is coming up. The total amount of SHIB held across trading platforms is currently close to 80 trillion tokens, according to exchange reserve data. Importance of this threshold This level has historically served as a significant structural threshold for the asset. Exchange balances are currently only marginally above that threshold, with about 500 billion SHIB remaining before the…

Coinbase Flags Confusion Over New U.S. Crypto Tax Reporting Rules

March 10, 2026March 12, 2026 RAA

U.S. crypto exchange Coinbase said new federal tax reporting requirements for digital asset brokers remain complex and difficult to interpret as the industry prepares for broader compliance. The comments come as the Internal Revenue Service begins implementing a reporting framework that will require many crypto platforms to provide standardized transaction data to users and tax authorities. The reporting system centers on a new document known as Form 1099-DA. Under the rule, brokers must report certain digital asset sales and exchanges by customers. The reporting applies to transactions beginning in 2025,…

XRPL Surpasses Massive $2 Billion Milestone

January 26, 2026January 29, 2026 RAA

XRPL has cleared $2 billion in tokenized assets, according to a recent update. On Monday, crypto analyst Paul Barron took to social media to celebrate a major milestone, announcing that the XRPL had “smashed” $1 billion in on-chain tokenized assets. However, Luke Judges, a Ripple team member, quickly stepped in to correct the record with a much bigger number. December surge According to Judges, the $1 billion figure is already outdated history. Read more on U.Today https://u.today/xrpl-surpasses-massive-2-billion-milestone-ripple-confirms

XRP Prints 8,700% Liquidation Imbalance as $2 Wall Destroys Longs With Zero Mercy for Bulls

January 20, 2026January 18, 2026 RAA

XRP just printed an 8,700% liquidation imbalance as $522K in longs got wiped out near the $2 mark, turning the “bankers’ coin” into a leverage graveyard with stablecoin behavior. XRP is looking less like a volatile cryptocurrency and more like a synthetic stablecoin — it has been fluctuating near $2 with weird consistency while the market deals with overleveraged optimists. In the last 12 hours, XRP saw $528,940 in liquidations, with long positions accounting for a mind-boggling $522,900. Short sellers were barely registered — it was just $6,040, as per…

Fireblocks Pays $130 Million for Crypto Accounting Platform TRES Finance

January 8, 2026January 7, 2026 RAA

Blockchain infrastructure company Fireblocks has acquired TRES Finance, a crypto accounting and financial reporting platform. The purchase, announced on the Fireblocks blog Wednesday (Jan. 7), is designed to address the growing demand for companies doing business on the blockchain to have “audit-ready, tax-compliant” financial records. “Digital asset regulation is quickly falling into place across jurisdictions, making operational agility and financial reporting non-negotiable,” the blog post said. “Whether under MiCA in the EU, the GENIUS Act in the U.S., or elsewhere across the globe, crypto-native and traditional finance need financial records…