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BNB holds near $630 as YZi Labs pumps $100M into Hash Global Fund

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A trader analyzes a financial price chart on a smartphone while multiple market charts display on monitors in the background.
YZi Labs has revealed a $100illion infusion into Hash Global's BNB find, a move that could catalyze BNB's price resilience.
  • BNB gets institutional boost from YZi Labs amid broader market price weakness.
  • This $100 million infusion arrives as BNB price holds near $630
  • Commitment highlights institutional faith in BNB’s utility and yield potential.

BNB price hovers near $630 as investor jitters mount amid escalating US/Israel-Iran tensions.

The negative sentiment across crypto and risk assets aside, YZi Labs has announced a fresh $100 million commitment to Hash Global’s BNB Holdings Fund.

Can this move help the bulls hold onto gains?

BNB gets institutional boost

YZi Labs, formerly Binance Labs, announced a $100 million strategic investment into Hash Global’s BNB Holdings Fund, building on prior support for the compliant yield vehicle launched in June 2025.

Ella Zhang, Head of YZi Labs, highlighted BNB as a “foundational utility asset with attractive yield, powering the future of financial infrastructure,” inviting traditional capital for its structural returns and growth.

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The fund has delivered strong performance, posting 32.5% returns since inception through diversified revenue streams including BNB price appreciation, launchpad allocations, airdrops, and custody yields, with bi-weekly liquidity for investors.

This move signals deepening institutional adoption, amid continued interest from private wealth platforms and high-net-worth individuals.

Despite price weakness and notable ecosystem downsides, BNB looks to be attracting investment from individuals seeking regulated exposure to the token.

KK, founder of Hash Global, noted:

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“BNB’s institutionalization should not be viewed merely as portfolio inclusion, but as a structural alignment between capital and ecosystem development. The ecosystem co-building model is the defining feature that differentiates BNB from other digital assets.”

BNB price outlook

Current market data shows BNB trading around $629, down 3% in the last 24 hours.

Prices are also down in the past week and month, but BNB has held steady within this range since dipping from above $700 in February.

Downtrend weakness remains as Bitcoin struggles to break $70,000 amid headwinds from the intensifying US/Israel-Iran conflict.

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With reports of further strikes and risks of the conflict spilling across the region, cryptocurrencies could dip even further. On Tuesday, BNB dropped from highs of $651 amid such fresh derisking.

If extreme fear grips sentiment, with odds rising of a deeper war, prices may retest support around $550. Lower demand reload zones lie in the $450-$500 range.

However, if bulls hold onto gains above immediate support, resilience could see prices bounce higher.

BNB’s ecosystem strength, including BNB Chain’s growing daily transactions, real-world asset adoption and investment inflows, provides a buffer.

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The institutional inflows could counter prevailing macro fears and help buyers keep bears off.

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Crypto World

Senator Tillis eyes “crypto-palooza” to break stalemate over stablecoin yield regulations

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CLARITY Act Stablecoin Yield Compromise Language

A bipartisan effort to bridge the divide between Wall Street and the digital asset industry could see a breakthrough as early as this week.

Summary

  • Senator Thom Tillis plans to release a draft agreement this week aimed at resolving the dispute between banks and crypto firms over stablecoin interest payments.
  • The proposed language for the Clarity Act seeks to settle whether digital asset companies can offer rewards on idle balances after banks voiced concerns regarding deposit drains.

Politico reports that Senator Thom Tillis (R-N.C.) is preparing to unveil a draft agreement aimed at settling the fierce debate over stablecoin yields. 

Working alongside Senator Angela Alsobrooks (D-Md.), Tillis has been refining language for the Clarity Act, a piece of legislation intended to set a regulatory framework for the crypto sector. 

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The primary sticking point remains whether digital asset firms should be permitted to pay interest on idle stablecoin balances, a practice banks claim threatens their deposit base.

“I think the language has come together well,” Tillis stated on Monday, noting that a public release depends on the continued success of ongoing discussions.

Banking representatives have already expressed concerns regarding the latest proposal from the two senators. Traditional lenders argue that high-yield stablecoin products could pull liquidity out of the banking system, creating instability. 

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Conversely, crypto platforms like Coinbase argue that a ban on rewards would hinder growth and ignore the potential for banks to participate in these new markets. 

While the GENIUS Act, passed last year, prohibited stablecoin issuers from paying interest directly, it left a loophole for third-party exchanges to offer yields, which the Clarity Act now seeks to address.

The White House has attempted to mediate the standoff through several private meetings since January, yet both sides have remained firm in their views. 

Senator Tillis has suggested hosting a “crypto-palooza” on Capitol Hill, bringing both factions together in a public forum to force a resolution. 

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Even if a compromise is reached, the bill faces a steep climb through the Senate Banking and Agriculture Committees before it can reach the floor for a final vote.

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Crypto World

StarkWare Cuts Jobs, Restructures Around Revenue Push

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StarkWare Cuts Jobs, Restructures Around Revenue Push

Zero-knowledge scaling company StarkWare is cutting jobs and restructuring its operations as it shifts from infrastructure development toward revenue-generating products. 

CEO Eli Ben-Sasson said in internal remarks that the firm will split into two business units and cut headcount to move faster and operate more efficiently, with one unit focused on applications and the other on Starknet development.

Ben-Sasson said the company would adopt a “startup mode” mindset, prioritizing fewer initiatives with higher revenue potential, while warning that downsizing would affect employees across the organization. StarkWare did not disclose how many employees would be affected by the cuts.

The move reflects a wider retrenchment across crypto firms, which have been trimming headcount and narrowing priorities as they chase clearer product-market fit, stronger monetization and leaner operations. Messari, Algorand Foundation and Crypto.com all announced cuts in March.

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Source: Eli Ben-Sasson

StarkWare says technical edge must translate into revenue

Ben-Sasson said StarkWare’s next phase would center on turning its technology into “meaningful revenue” and “meaningful usage,” arguing that the company could no longer rely mainly on external blockchains or third-party teams to prove the value of its stack.

Ben-Sasson said the company would focus on “fewer things excellently” and prioritize products with revenue potential that can be built only on its technological stack. 

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“We’re going to achieve this by innovating across not just infrastructure, as we’ve done so far, but across the whole stack of infrastructure and product,” he said. 

Crypto layoffs continue as firms tighten strategy

StarkWare’s cuts follow other recent layoffs across the crypto sector as firms narrow priorities and reshape operations. On March 17, Messari announced layoffs alongside a leadership change as the company moved deeper into artificial intelligence-powered research and data tools for institutions. 

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On March 19, the Algorand Foundation said it would cut 25% of its employees, citing macro uncertainty and the broader crypto downturn. The organization said the move was aimed at better aligning resources with its long-term business, technology and ecosystem priorities.

On the same day, Crypto.com also announced a 12% reduction of its workforce as part of a broader push into AI. The exchange said the layoffs were tied to company-wide AI integration and a decision to prioritize resources around key growth areas.

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