Category: crypto

LiquidChain launched a Layer 3 cross-chain platform connecting Bitcoin, Ethereum, and Solana with high staking rewards. The project aims to be a bridge alternative and plans a token generation event. Payward Inc., the parent company of Kraken, reported increased revenue, while LiquidChain’s trading volume and services also grew.

Ark Invest purchased shares of Bitmine, Bullish, Circle, Block Inc., and Coinbase as Bitcoin and Ether traded below key moving averages. Despite weak sentiment, the long-term theses for these investments remain intact. Bitwise CIO Matt Hougan described a bear phase, while Cathie Wood highlighted gold’s rally and disinflation data as potential signals for Bitcoin’s future.

Base restored network stability after a misconfigured transaction propagation change caused congestion, drops, and delays in late January. They rolled back the change to fix the issue but warned of intermittent congestion. Over the next month, Base plans to streamline its transaction pipeline and improve alerting to prevent similar incidents.

Convicted sex offender Jeffrey Epstein’s hidden crypto investments were exposed in newly released Epstein files from the U.S. Department of Justice. The documents revealed his $3 million investment in Coinbase and links to Bitcoin developer Blockstream. Epstein also backed Blockstream in 2014 but sold his stake due to conflicts of interest.

The Trump Media & Technology Group (TMTG) announced a “Digital Token Initiative” where shareholders will receive tokens linked to the Truth Social platform. These tokens cannot be traded or exchanged for cash yet. There are concerns about conflicts of interest and legality due to Trump’s involvement in regulating the crypto space and holding a financial…

A 15-foot statue of Donald Trump, funded by cryptocurrency investors and used to promote the PATRIOT memecoin, faced delays and legal disputes. The coin’s value plummeted, leading to financial struggles. Despite setbacks, the statue is set for an official unveiling at Trump’s golf resort, highlighting the bizarre venture’s wild nature.

MetaMask has integrated with Ondo Finance, allowing users to access over 200 tokenized U.S. stocks and ETFs within the wallet. This move reflects a growing demand for onchain financial products. Ondo Global Markets platform now supported in MetaMask, giving users access to traditional assets without brokers.

Polymarket is opening a free grocery store in NYC on Feb. 12, with $1 million donated to Food Bank For New York City. The initiative aims to address food insecurity and support the community. This move follows a partnership with Major League Soccer and regulatory challenges in Nevada.

In January, crypto VC deals decreased by 15%, but funding increased by 61% to $14.57 billion. Major investments included BitGo’s IPO, Fireblocks’ acquisition of TRES Finance, and Ripple’s partnership with LMAX Group. Investments were made in DeFi, exchanges, and SOL-backed credit, reflecting a trend towards institutionalization in the crypto market.

xAI, Elon Musk’s AI company, is hiring a crypto finance expert to train AI trading models in DeFi, derivatives, and MEV, paying $45-$100 per hour. The role focuses on annotating and critiquing models, not executing trades. Candidates need expertise in on-chain analysis, DeFi, derivatives, and high-volatility risk management.