The US House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have introduced a discussion draft for the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025. The proposed legislation aims to establish a clear regulatory framework for stablecoins while addressing financial stability concerns. Legislation Proposes...Read More
Tron founder Justin Sun has filed a lawsuit against American film producer and record executive David Geffen in a bid to reclaim an Alberto Giacometti sculpture or get up to $80 million in damages. Sun lodged the complaint in Manhattan federal court on Tuesday, alleging the bronze Le Nez sculpture, which he previously owned, had...Read More
Alexey Pertsev will be released from prison today under electronic monitoring as he continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of unsuccessful bail requests and growing concerns over how the legal system treats privacy-focused crypto developers. Pertsev Plans on Focusing on His Appeal Pertsev confirmed the...Read More
A test meme coin (TST) created for a tutorial on the Four.Meme platform experienced an unexpected surge in value following a social media post by former Binance CEO Changpeng Zhao, popularly known as CZ. The token, originally intended as a demonstration asset on the BNB Chain, saw its market cap skyrocket as traders and influencers...Read More
The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale’s filing for a Solana-based exchange-traded fund (ETF). It is the first time the agency has engaged with an ETF proposal tracking a cryptocurrency that was once considered a security. ‘A Positive Sign’ The acknowledgment, relayed on February 6, caught many by surprise, given that just...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, February 7th, 2025] De.Fi Web3 Super App, the platform behind the $DEFI token, launched its TGE last year, securing simultaneous listings on seven major exchanges, including ByBit, KuCoin, Gate, MEXC, Bitget, and BitMart. Now, the team has announced another milestone—a secondary listing on multiple centralized exchanges (CEXs) set...Read More
The Berachain team has finally released BERA airdrops to community members following the successful launch of the proof-of-liquidity layer-1 network. However, the airdrops have received mixed reactions from community members, with users complaining that the allocation to certain groups was not fair. BERA Airdrop Allocations According to the Berachain tokenomics and airdrop overview, market participants...Read More
[PRESS RELEASE – Singapore, Singapore, February 7th, 2025] Taiko, an Ethereum Layer 2 network, and DoraHacks, the largest hacker movement in crypto, are spearheading the biggest anonymous community vote ever conducted in Web3. The initiative aims to advance decentralization in community governance through the Taiko Grant Factory Hackathon. The Taiko Grant Factory Hackathon is designed...Read More
The concentration of crypto holdings among large wallets plays an important role in market stability and investor confidence. Recent data highlights a significant disparity in supply distribution across major altcoins, with Shiba Inu exhibiting notably high concentration levels. While Ethereum follows closely behind, Chainlink and Toncoin present a more balanced distribution, which suggests a healthier...Read More
Meme coins have taken the crypto world by storm, with projects like Shiba Inu (SHIB) and Pepe (PEPE) leading the charge. These coins have built massive communities and, at times, delivered jaw-dropping gains. Now, there’s a new contender in the arena: Doge Uprising. This next-gen new meme coin is already making waves, attracting investors from...Read More
On Feb. 6, Trump Media and Technology Group (TMTG), which has the US President as its majority owner, filed to register trademarks for new investment vehicles under its fintech brand Truth.Fi. Under the new trademarks, the firm plans to offer three types of investment funds. A “Made in America” exchange-traded fund and separately managed accounts...Read More
Around 26,000 Bitcoin options contracts will expire on Friday, Feb. 7, and they have a notional value of roughly $2.5 billion. This week’s expiry event is about a third of the size of last week’s month-ending mammoth one. Therefore, there is likely to be a minimal influence on spot markets, which have retreated this week....Read More
BlackRock – the world’s largest asset manager, is gearing up to launch a Bitcoin-linked exchange-traded product (ETP) in Europe. This marks its first foray into the European crypto market. The fund is expected to be based in Switzerland. This move follows the success of BlackRock’s US-based iShares Bitcoin Trust (IBIT), which currently manages $58 billion...Read More
