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EOS rebrands to Vaulta as focus shifts to web3 banking

  • EOS Network will rebrand to Vaulta, a name change designed to highlight its pivot toward web3 banking.
  • Vaulta comes with a token swap expected at the end of May.
  • The EOS token saw a slight price gain following the announcement.

EOS Network,a blockchain network known for its scalable operating system, has announced its rebranding.

On March 18, the EOS Network revealed in a press release that it is renaming to Vaulta, a move that aligns with the platform’s shift to web3 banking.

EOS plans to complete the official transition to Vaulta at the end of May, with this also involving a token swap.

EOS to rebrand amid straegic shift

EOS Network’s rebranding to Vaulta is a culmination of an effort that has taken several years of planning and development, the project said in the press release.

The objective, per the announcement, is to deliver an inclusive financial ecosystem, with web3 technology at the heart of this system.

“This transformation represents more than just a name change; it’s a decisive step forward in our mission to deliver open, accessible financial access for everyone,” said Yves La Rose, founder and chief executive officer of Vaulta Foundation.

“Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach. Web3 has the potential to reshape global finance and Vaulta is at the forefront of this evolution,” he added.

Vaulta will have a banking advisory council

As part of the rebrand, EOS will launch a Vaulta Banking Advisory Council. This group of  banking and web3 experts will offer expertise on various aspects of Vaulta, including the bridging of traditional finance and decentralized finance.

The group will also help the project achieve and adhere to global compliance standards as well as find key real-world opportunities for project pilots.

Initial members of the banking advisory council reportedly include Lawrence Truong, chief executive officer of Systemic Trust, Didier Lavalle, CEO of Tetra, Alexander Nelson, senior director of digital finance at ATB Financial, and Jonathan Rizzo, senior business solution specialist at ATB Financial.

“Vaulta’s strategic realignment towards web3 banking is a significant development for the banking industry. Their robust infrastructure has the potential to connect traditional banking with the benefits of blockchain technology,” Nelson noted.”This move not only opens the door for traditional funds to enter DeFi through Bitcoin but also paves the way for greater institutional acceptance.”

The news saw a slight flip upward in the price of EOS token, which rose from $0.48 to highs of $0.51.

The post EOS rebrands to Vaulta as focus shifts to web3 banking appeared first on CoinJournal.

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Here’s why Bubblemaps (BMT) price soared 110% today

  • Bubblemaps (BMT) has spiked more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29.
  • This put BMT ahead of Mubarak (MUBARAK) and API3 (API3) in terms of 24-hour performance.
  • Binance and Bithumb news are likely catalysts for Bubblemap’s price rally.

Bubblemaps’ native token BMT has surged by more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29.

The altcoin’s gains put it at the top of the 500 largest coins by market cap, ahead of Mubarak (MUBARAK) and API3 (API3). Per CoinMarketCap, the two tokens have surged 77% and 54% respectively in the past 24 hours. Bounce (AUCTION) led gainers on Monday.

Why did Bubblemaps price skyrocket today?

Bubblemap’s BMT is surging amid an overall flip for some altcoins. The cryptocurrency is also surging as BMT’s traction post its token generation event continues.

Part of this upside momentum reflects invstor enthusiasm after major announcements by Binance and Bithumb. Recently, Binance announced the launch of BMT futures and price rallied hard.

Bubblemaps price chart by CoinMarketCap

On Tuesday, South Korean crypto exchange Bithumb announced trading support. With another major Binance announcement out today, Bubblemaps has skyrocketed.

“Binance is excited to announce the 12th project on the HODLer Airdrops page – Bubblemaps (BMT). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-03-02 00:00 (UTC) to 2025-03-06 23:59 (UTC) will get the airdrops distribution,” the exchange noted.

Users will get the HODLer Airdrops in their spot accounts at least an hour before the exchange rolls out trading.

Expected pairs set to go live on March 18 at 15:00 UTC will be BMT against stablcoins Tether (USDT), USDC (USDC) and First Digital USD (FDUSD). Binance will also list trading pairs against BNB (BNB) and Turkish Lira (TRY).

Bulls push BMT price to all-time high

Positive vibes have propelled BMT’s market capitalization to over $72 million, with trading volume up 257% in 24 hours.

Bubblemaps is a blockchain data visualization platform designed to make complex on-chain data accessible and actionable. Launched on networks like Solana and BNB Chain, Bubblemaps transforms tokenomics and wallet interactions into intuitive bubble charts, helping users identify patterns, clusters, and potential scams.

Its native token, BMT, powers the ecosystem and serves as both a utility and governance token.

Since its token generation event on March 11, hosted on Binance Wallet, Bubblemaps has seen its price jump to the all-time high of $0.29. Notably, BMT is up 266% since its all-time low of $0.07 on March 12.

Momentum has swung upward amid top exchange’s listing of BMT. Apart from Binance and Bithumb, the token is available on Kraken, Bitget and Bybit.

The post Here’s why Bubblemaps (BMT) price soared 110% today appeared first on CoinJournal.

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Why is the API3 crypto pumping?

  • API3’s price has surged 56.5% in 24 hours, defying a sluggish market.
  • API3’s unique Oracle solution which cuts middleware offers sustainability.
  • Moonwell switched from Chainlink to API3, showing growing adoption.

API3’s price surge has caught the attention of traders and analysts alike. At press time, the API3 decentralized Oracle platform token had skyrocketed, climbing 56.5% in just 24 hours to trade at $0.9587.

With a market cap of $114.25 million and an astonishing $340.28 million in trading volume, API3 is defying a sluggish broader crypto market where giants like Bitcoin (BTC) and Ethereum (ETH) remain below $85,000 and $2,000, respectively.

This remarkable API3 price pump, following a 36% rise reported on March 17, begs the question: what’s driving API3’s meteoric ascent?

API3’s unique Oracle solution gains traction

At its core, API3 addresses a critical pain point in blockchain technology: connecting smart contracts to reliable real-world data.

Launched with a whitepaper in September 2020 and a token sale in December that raised tens of millions, API3 allows API providers to operate their own nodes, cutting out costly and centralized middleware like traditional oracles. This innovation dubbed the “Blockchain Oracle Problem” solution, is amplified by its OEV Network, which introduces maximal extractable value (MEV) protection.

By auctioning Oracle updates and redistributing 80% of proceeds as rewards to dApps, API3 creates a sustainable revenue model that’s turning heads. Posts on X highlight this feature, with users noting February OEV revenue of $44,000 and a runway exceeding 10 years, signalling a robust business model that’s close to profitability.

Adoption is another key driver. The recent switch by Moonwell from Chainlink to API3 for cost-effective, tamper-proof data feeds underscores its growing credibility.

Unlike Chainlink, API3’s decentralized API framework and MEV protection offer a compelling alternative, especially as blockchain applications in DeFi and supply chain management expand. With 23,630 holders and a circulating supply of 118.31 million out of 147.65 million tokens, the project’s fundamentals are aligning with market enthusiasm, fueling its upward trajectory.

AIP3 price prediction

AIP3 numbers tell a dramatic story. API3 hit an all-time low of $0.4981 on March 11, 2025, only to rebound 96.1% within a week.

Notably, its 24-hour range of $0.6007 to $1.03, coupled with a 78.8% seven-day gain, showcases intense speculative fervour.

Analysts see API3 as a 2025 contender, potentially rivalling Chainlink. Its 90.5% drop from an all-time high of $10.30 in April 2021 leaves room for growth, while a 4.9% hourly gain and 8.5% monthly rise signal sustained interest.

However, on the daily chart, the Relative Strength Index (RSI) indicator is rising steadily currently sitting at 66.38 just around 3 points below the overbought region. This means the token could be headed for a pullback.

Though risks like overbought conditions loom, API3’s innovative tech, adoption momentum, and market buzz, echoed by market sentiment, explain why it’s pumping now. As blockchain reliance grows, API3’s practical solution could keep it in the spotlight.

The post Why is the API3 crypto pumping? appeared first on CoinJournal.

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Hyperliquid 50x leverage whale is cybercriminal gambling stolen funds: ZachXBT

  • ZachXBT has blasted the “Hyperliquid 50x leverage whale” as “a cybercriminal gambling with stolen funds.”
  • The whale netted a $9 million profit despite efforts by crypto traders to liquidate the position.
  • ZachXBT has previously unmasked bad actors and identified hackers, including those behind the Bybit hack in February 2025

On-chain investigator ZachXBT says the “Hyperliquid 50x leverage whale” that has attracted massive attention across X is “just a cybercriminal gambling with stolen funds.”

The on-chain sleuth’s comment came as the whale closed their high-leverage trading position, 50x, with a notable $9 million profit.

Despite efforts by crypto Twitter to marshal a liquidation for the Hyperliquid whale, the trader emerged unscathed – yet again.

Hyperliquid 50x whale a criminal – ZachXBT says

ZachXBT commented on this, revealing who the whale is and is not. He shared the investigative view via X:

“It’s funny watching CT speculate on the “Hyperliquid whale” when in reality it’s just a cybercriminal gambling with stolen funds.”

Replying to a user comment, ZachXBT noted that the criminal whale has no links to the North Korea-backed Lazarus Group. In February this year, the blockchain sleuth linked the $1.5 billion Bybit hack to the hacker group.

Some X users asked that ZachXBT names and shames the Hyperliquid whale. However, his response was:

“We’ll see, it’s just not enjoyable posting investigations on X/Twitter anymore.”

Crypto ‘hunted’ for the mysterious whale

For weeks, the crypto market has speculated on who the mysterious Hyperliquid whale may be. A hunt for their identity and efforts to drag them down surfaced.

This hunt for the trader who opened a short position worth about $450 million on Bitcoin (BTC) intensified on Tuesday.

Amid the rush to liquidate him, analysts pointed to the whale’s 40x and 50x shorting of BTC and ETH as massive. The reaction had most traders looking to wreck the whale’s position with a flurry of buying deals. In fact, according to Lookonchain, the whale had to deposit $5 million USDC “to increase margin and avoid liquidation.”

But the effort to wreck the whale ultimately failed.

As well as th 50x short leveraged position on Ethereum (ETH), this whale also shorted Chainlink (LINK), opening a huge $31 million position with 10x leverage. The whale has also placed short bids on GMX.

While ZachXBT clarified this whale isn’t tied to North Korea, the incident highlights the challenge the crypto community faces amid bad actor incidents.

The issue of stolen funds making it back into circulation via decentralized finance protocols remains. It also points to the overall impact of massive leverage on the market, particularly when criminals tap into high-leverage trades to gamble stolen funds.

Although this particular whale’s identity may interest the broader ecosystem, the big question going forward is how does crypto reign in this potentially impactful scenario.

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Paul Atkins SEC chair confirmation faces delay with Senate due to paperwork issues

  • A March 27 meeting is being considered for a committee hearing on the selection of incoming SEC chair Paul Atkins
  • US President Donald Trump selected Atkins in December following his presidential election win
  • Atkins previously served as an SEC Commissioner from 2002 and 2008 under former President George W. Bush

The confirmation of Paul Atkins as the next US Securities and Exchange Commission (SEC) chair is being delayed due to the submission of paperwork.

That’s according to Eleanor Mueller, Semafor’s Congress reporter, who posted on X. She wrote:

“Senate Banking Chair Tim Scott is eyeing March 27 for a committee hearing on Trump’s nominee to chair the SEC, Paul Atkins, I’m told. As I wrote earlier this month, the committee has been waiting for the White House to send over his paperwork.”

US President Donald Trump selected Atkins to be the next SEC chair in December. This is a significant selection for Trump, as Atkins is considered a pro-crypto figure in the industry. During his election, Trump promised to reshape the regulatory landscape for digital finance and clarify cryptocurrency rules.

Mueller continued that the Senate banking committee is also planning to hold a bipartisan meeting on  Friday, March 21, to discuss Atkins’ nomination.

Financial disclosure

This latest development follows from a March 3 report from Semafor. In it, Mueller detailed how the White House hadn’t produced the required paperwork to schedule a confirmation hearing for Atkins. This also included his financial disclosure given the fact that he married into a billionaire family.

In 1990, Atkins married Sarah Humphreys Atkins, whose family is linked to Tamko Building Products, a company that manufactures roofing shingles in the US. Last year, it made $1.2 billion in revenue, according to a December report from Forbes.

One former Senate Banking Committee member said: “It’s a lot to go through. But he got named so early on, so I think that’s why people are starting to be like, ‘What the hell’s taking so long?”

Atkins previously served as an SEC Commissioner between 2002 and 2008 under former President George W. Bush.

While the agency awaits the confirmation of Atkins, Mark Uyeda is the acting chair. In January, Uyeda created a new crypto task force designed to establish a clear regulatory framework for the industry.

The post Paul Atkins SEC chair confirmation faces delay with Senate due to paperwork issues appeared first on CoinJournal.