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Bitcoin News Roundup for March 18, 2020

How can you help during the COVID-19 crisis? Some techies have an idea. It's CoinDesk's Markets Daily Podcast.

Updated Sep 14, 2021, 8:20 a.m. Published Mar 18, 2020, 4:00 p.m.
MD FEB 27 RELEASE

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Today's Stories:

Bitcoin Faces Another Down Day as Equities Reject Stimulus Efforts

Wave Financial to Tokenize $20M Worth of Bourbon for New Whiskey Fund

Steem Community Plans Hostile Hard Fork to Flee Justin Sun's Steemit

Canadians Get US Jail Time for Stealing 23 Bitcoin in Twitter Scam

Help With COVID 19 - a clearing house for projects and volunteers that want to help with the COVID-19 crisis.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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Farcaster Switches to Wallet-First Strategy to Grow Its Social App

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The protocol still consists of casts, follows, reactions, identities and wallets, and third-party clients are free to emphasize whichever components they want.

What to know:

  • Farcaster is shifting its focus from social media to its in-app wallet and trading features to drive user engagement.
  • Cofounder Dan Romero acknowledged the lack of sustainable growth in their social-first strategy over the past 4.5 years.
  • The wallet's trading tools have shown the strongest product-market fit, leading to a strategic pivot towards financial use cases.