Foreign exchange trading startup XFX announced on March 26 that it has completed $17 million in funding, led by Castle Island Ventures with participation from Haun Ventures and others. XFX supports the exchange of stablecoins and three fiat currencies.

Gate News: On March 21, DeFiance Capital CEO Arthur posted on X platform stating that in the short term, it is unlikely that Trump will back down or that the Middle East situation will cool down. Currently, the US and Israel continue to exert pressure on Iran. He pointed out that global supply chains may face further disruption in the coming weeks. According to previous reports by Axios, the Trump administration is considering occupying or blockading Iran's Kharg Island to force it to reopen the Strait of Hormuz.

Gate News reports that on March 20, according to monitoring data, a newly created three-day wallet staked $44,000 on Iran maintaining control of Kharg Island this month, with the current market probability at 91.5%. It is understood that Kharg Island is a core oil export hub in the northern Persian Gulf for Iran, handling over 90% of Iran's crude oil exports and holding irreplaceable strategic value for Iran's economy and global energy supply chains.

Bitcoin investor Olivier Janssens has proposed a plan to pay all residents on the Caribbean island of Nevis $100 monthly to promote his libertarian community project Destiny. The project has faced criticism from opponents, who have characterized the initiative as coercion and bribery. The project involves billions of dollars in development and plans to purchase 2,400 acres of land.

Nic Carter of Castle Island Ventures, in responding to the BIP-360 authorship controversy, emphasized that the Bitcoin community should focus on the technical quality of proposals rather than the author's background. He pointed out that anonymous developers are not uncommon in Bitcoin's history, and the BIP-360 proposal aims to enhance Bitcoin's quantum resistance.

Castle Island Ventures Partner Nic Carter stated that the Bitcoin community should focus on the technical quality of the BIP-360 proposal rather than the author's identity. By eliminating the quantum vulnerability in Taproot addresses, it paves the way for Bitcoin's quantum resistance. As ECC risks become increasingly apparent, enhancing quantum resistance has become an important topic.

Odaily Planet Daily reports that stablecoin infrastructure Cyclops has announced the completion of an $8 million funding round, with Castle Island Ventures, F-Prime, and Shift4 Payments participating. The specific valuation data has not been disclosed yet. (Fortune)