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Trump’s Czar Proclaims the End of the ‘Reign of Terror’ Against Crypto
19.1.2025
David Sacks, the soon-to-be-appointed czar of crypto and artificial intelligence affairs, remarked on the positive changes the Trump administration will execute regarding crypto policy. At Trump’s crypto ball, where the president’s official meme coin was also launched, Sacks stated...
Major Swiss Bank Expands Crypto Offerings With Ethereum Staking
18.1.2025
Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies...
Litecoin ETF Inches Closer to Potential Approval Following Regulatory Filings
17.1.2025
Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent...
People’s Bank of China Highlights Digital Yuan and Blockchain in 2025 Strategy
17.1.2025
The People’s Bank of China (PBOC) has highlighted the utilization of the digital yuan, China’s central bank digital currency (CBDC), and blockchain technology as part of its 2025 strategy. In a post summarizing the issues touched on as part of the new year’s meeting, the Shanghai...
Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round
17.1.2025
Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $3 billion valuation after raising $150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to...
USDD 2.0 Set to Launch: 20% APY ‘Fully Subsidized’ by the Tron DAO
15.1.2025
On Wednesday, Justin Sun, the founder of Tron, announced the imminent debut of USDD 2.0, highlighting that it will provide a 20% annual percentage yield (APY), with the entirety of the return “fully subsidized” by the Tron DAO. “All interest will be sent in advance to a transparent address,”...
New UK Cybersecurity Proposals Aim to End Ransomware Payments in Public Sector
15.1.2025
The UK government has unveiled groundbreaking proposals to combat ransomware attacks, focusing on safeguarding critical infrastructure such as hospitals, public services, and transportation networks. These measures aim to diminish the financial appeal of ransomware by banning all public sector...
Rumble to Launch Offices in El Salvador and Initiate Local Hiring
14.1.2025
Rumble, a video distribution and cloud services company, is preparing to start operations in El Salvador. Chris Pavlovski, CEO of Rumble, disclosed that the company is in the process of launching offices in the country and that it was evaluating the specific location of these. “We are looking...
Cardano and FC Barcelona Partner to Empower Fans With Blockchain
12.1.2025
On Jan.9, the Cardano Foundation and FC Barcelona announced a partnership as part of the Barça Vision program, aimed at modernizing the club’s interaction with supporters. This collaboration leverages shared values of community participation and decentralized governance. The program...
Ripple’s RLUSD Powers California Wildfire Relief With Crypto Donation
11.1.2025
Ripple and Moonpay have made a joint donation of $50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S. dollar, to the Los Angeles Fire Department Foundation (LAFDFoundation). This contribution aims to support first responders battling the devastating California wildfires. Ripple...
Hal Finney’s Wife Celebrates Iconic ‘Running Bitcoin’ Post 16-Year Anniversary With Fourth ALS Run
11.1.2025
Just seven days after Satoshi launched the Bitcoin network on January 3, 2009, Hal Finney, the first person to ever receive a bitcoin payment, announced to the world that he too had fired up a Bitcoin node. “Running bitcoin,” Finney tweeted on January 10, 2009, and those two words have become...
Iran’s Currency Website Shut Down Amid Cyber Attacks and Central Bank Criticism
10.1.2025
Administrators of Bonbast.com, Iran’s leading website for tracking the rial’s open-market exchange rate, took it offline due to severe distributed denial-of-service (DDoS) attacks and security concerns after criticism from Central Bank Governor Mohammad Reza Farzin. The shutdown removes a crucial...
Casa Assists Customer in Recovering Funds After Losing Bitcoin Seed Phrase in Fire
10.1.2025
Nick Neuman, CEO and co-founder of Casa, a Bitcoin self-custody services company, recently reported a case in which Casa helped a customer avoid losing funds due to a fire. On social media, Neuman stated that the Casa emergency line received a call from a customer who lost his seed phrase in...
Bitfinex Derivatives Moves to El Salvador After Receiving License
10.1.2025
Bitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will...
CFTC Chair Rostin Behnam Resigns Amid Anti-Crypto Exodus
7.1.2025
Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC) announced his resignation on Tuesday, just a day after Michael Barr, Federal Reserve Board governor and vice chair for supervision, stepped down from his supervisory role. SEC Chairman Gary Gensler, who announced...
Saylor’s Bitcoin Empire Grows: $101M Purchase Adds 1,070 BTC to Vault
6.1.2025
On Mon., Jan. 6, 2025, business intelligence firm Microstrategy unveiled its latest acquisition: 1,070 BTC for approximately $101 million. This purchase elevates the company’s holdings to a monumental 447,470 BTC. Michael Saylor, Microstrategy’s founder, had hinted at the move...
Solana Achieved Its Best Year Ever, and the Numbers Back It Up
6.1.2025
Solana was one of the networks that experienced explosive growth in 2024, both in technical and economic aspects. In December, Solana registered $304 million in inflows from other blockchains, only bested by Base and Hyperliquid. On the technical front, Solana passed its first block increase...
Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives
3.1.2025
In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their...
China Enforces Stricter Crypto Monitoring to Curb Illegal Transactions
2.1.2025
China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track foreign exchange behaviors linked to underground banking...
Do Kwon Extradited to US to Face Crypto Fraud Charges
31.12.2024
Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd and Luna cryptocurrencies in 2022. The collapse...