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A Coinbase user's attempt to block an IRS subpoena for his financial records was dismissed by a California court. According to PACER records, Roger Metz filed a motion in May 2025 in the Northern Dist

A Coinbase user's attempt to block an IRS subpoena for his financial records was dismissed by a California court.

According to PACER records, Roger Metz filed a motion in May 2025 in the Northern District of California to dismiss the IRS subpoena for his 2022 tax return audit.

The plaintiff argued that the subpoena violated his privacy rights and was excessively broad. His lawyer also argued that while he had admitted wrongdoing, filed a revised tax return, and paid back taxes, this did not prevent the IRS's action.

Although U.S. District Judge Araceli Martinez-Olguin dismissed the plaintiff's claim on March 18 for failing to notify all relevant government agencies within the 90-day deadline, the judge ultimately dismissed the case on procedural grounds.

 Reasoning for the Judgment

This judgment is made in accordance with the Federal Rules of Civil Procedure, which require that notice of proceedings be formally served on the defendant to ensure that they are informed of the proceedings and have the opportunity to defend themselves.

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A Coinbase user's attempt to block an IRS subpoena

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Join HTX Square to Define Web4Authorizes Expanded Oil Transactions With Venezuela’s PDVSA The U.S. Treasury issued a general license allowing broader transactions with Venezuela’s state oil company, P

Authorizes Expanded Oil Transactions With Venezuela’s PDVSA
The U.S. Treasury issued a general license allowing broader transactions with Venezuela’s state oil company, PDVSA, aiming to encourage investment and boost production output. This move — part of efforts to stabilize global energy markets amid ongoing conflicts in the Middle East — allows U.S. companies and partners to operate more freely with PDVSA under strict compliance guidelines.
The expected result is increased Venezuelan oil exports (projected toward previous levels), which could help ease tightness in global supply. However, infrastructure limitations and regulatory hurdles remain significant obstacles. �
Reuters
📊 Key points:
U.S. loosens restrictions to incentivize Venezuelan oil output
Part of broader strategy to boost global supply
Legal and infrastructure challenges remain

Authorizes Expanded Oil Transactions With Venezuel

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The European Central Bank is looking for experts who can help define how a potential digital euro can be used across ATMs and payment terminals. Summary ECB opens applications for expert workstreams t

ECB seeks experts to define digital euro integration across payment infrastructure ECB warns about s

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WAR: Geopolitical Meme Coin on SolanaCosmos Future Vision and Web3 Expansion Cosmos continues to expand its vision of becoming the backbone of Web3 infrastructure. Its modular architecture allows deve

Cosmos Future Vision and Web3 Expansion
Cosmos continues to expand its vision of becoming the backbone of Web3 infrastructure. Its modular architecture allows developers to create customized blockchains tailored to specific use cases.
This flexibility makes Cosmos highly attractive for projects in DeFi, gaming, NFTs, and enterprise solutions. Developers can design blockchains with unique features while still benefiting from Cosmos’ interoperability.
Future developments in Cosmos may include improved scalability, enhanced security, and deeper integration with other blockchain ecosystems. These upgrades will further strengthen its position in the market.
The increasing adoption of Cosmos-based chains demonstrates strong confidence in its technology. As Web3 evolves, the demand for interconnected and scalable solutions will continue to grow.
Experts believe Cosmos has the potential to become a central hub for blockchain networks, enabling seamless collaboration across different ecosystems. Its long-term vision aligns with the future of decentralized technology.
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Cosmos Future Vision and Web3 Expansion Cosmos con

On March 19th, crypto market maker Flow Traders expanded its business into the tokenized asset sector through its 24/7 over-the-counter (OTC) trading platform, supporting products such as tokenized mo

Crypto market maker Flow Traders enters the tokenized asset space with its 24/7 over-the-counter tra

Join HTX Square to Define Web4Guess the rise and fall of BTCG: L1 for Mass Adoption & Omnichain FutureOn March 18th, S&P Dow Jones Indices announced that it had licensed its S&P 500 index to Trade.xyz

G: L1 for Mass Adoption & Omnichain Future

On March 18th, S&P Dow Jones Indices announced that it had licensed its S&P 500 index to Trade.xyz for issuing perpetual contracts on the Hyperliquid blockchain. This marks the first time in S&P's history that it has entrusted the brand license of its flagship index to an on-chain protocol.

The difference is that this time, S&P proactively approached the platform, entrusting its brand license to a decentralized protocol. The contracts are backed by USDC, targeted at non-US investors, trade 24/7, and have no expiration date. According to an S&P Global press release, over $1 trillion in S&P 500-related exposure is traded daily through traditional markets globally. Now, a small portion of this access has moved on-chain.

However, the focus here is not on compliance. Traditional financial institutions are actively seeking on-chain infrastructure to reach users and time periods they previously couldn't cover. The reason S&P chose Hyperliquid is revealed in data from the past six months.

 HIP-3 is a permissionless perpetual contract deployment protocol launched by Hyperliquid in 2025, allowing anyone to create new trading markets. Trade.xyz, running on Hyperliquid's HIP-3 protocol, is the largest market creator on HIP-3, accounting for 90% of total open interest (OPI) according to The Block.


When the HIP-3 mainnet launched on October 13, 2025, OPI was close to zero. It rose to $70 million two weeks later. By January 27, 2026, this figure had reached $793 million, a month-over-month increase of over 200%. According to The Block on March 15, HIP-3 OPI reached an all-time high of $1.43 billion, representing a more than 100-fold increase in six months since the mainnet launch.

 Interestingly, this curve is driven by traditional asset traders.

Of the top 30 markets in HIP-3, only 7 are crypto trading pairs. The remaining 23 are all traditional assets. The top pair 

On March 18th, S&P Dow Jones Indices announced tha

Chain Genesis is live and @worldlibertyfi is already building here 🦅☝️ Aster is launching USD1-denominated perpetual contracts. Building on our USD1 spot listings and trading competitions, while suppo

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Vienna, Austria, March 12th, 2026, Chainwire Ben Zhou, Ambroise Helaine and Robert Macdonald to represent Bybit at Paris Blockchain Week 2026 Bybit EU, the Vienna-headquartered crypto-asset service pr

Vienna, Austria, March 12th, 2026, Chainwire

Ben Zhou, Ambroise Helaine and Robert Macdonald to represent Bybit at Paris Blockchain Week 2026

Bybit EU, the Vienna-headquartered crypto-asset service provider operating under the European Union’s Markets in Crypto-Assets Regulation (MiCAR), today announced it will serve as Lead Sponsor of Paris Blockchain Week 2026, reinforcing its growing role in shaping the digital asset industry in Europe and globally.

The event will take place April 15–16, 2026 at the Carrousel du Louvre in Paris, bringing together thousands of executives, investors, developers and policymakers to discuss the evolution of digital finance and the growing convergence between traditional finance and blockchain technologies.

Bybit’s participation reflects the company’s broader vision, to evolve from a trading platform toward the new financial platform bridging digital assets and traditional economy, spanning services such as trading, custody, payments and broader financial access.



Vienna, Austria, March 12th, 2026, Chainwire Ben

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Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and Jerome Powell's Federal Reserve speech that cast a shadow over any

Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and Jerome Powell's Federal Reserve speech that cast a shadow over any interest rate cuts for this year. Summary Bitcoin fell over 5% to test the $70,000 support after hotter-than-expected U.S. PPI data and Powell's hawkish remarks weakened rate cut expectations. Broader crypto markets declined, with total market cap dropping 3.8% to $2.51 trillion, while $455 million in liquidations amplified downside pressure. Technical indicators signal a potential rebound, but a breakdown below $70,000 could expose Bitcoin to further losses toward $65,000 and $60,000. According to data from crypto.news, Bitcoin (BTC) price fell over 5% from its Wednesday high of $74,700 to an intraday low of around $70,660 on Thursday, March 19. The leading cryptocurrency was hovering at $70,879, down 27% from its year-to-date high of $97,538. The global crypto market tanked alongside Bitcoin to $2.51 trillion, down 3.8% over the day, as major crypto assets such as Ethereum (ETH), XRP (XRP), Solana (SOL), and Dogecoin (DOGE) mirrored Bitcoin's move. Bitcoin price fell as fresh macroeconomic concerns lowered risk appetite among investors. This followed after the U.S. PPI data came in hotter than expected for February, with core PPI rising to 3.9% while headline PPI surged to 3.4%, beating market estimates of 3.0%. You might also like: Nasdaq wins SEC approval to trial tokenized stock trading A hotter reading typically signals that wholesale inflation is not cooling as fast as hoped, which could lead to higher consumer prices. The inflation data hit sentiment harder as investors were already cautious ahead of Powell's speech scheduled for Intor that dow Odds of oto cut fall chornly with

Bitcoin price erased all of its gains from this we

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BTC fell below 71000  USDT

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