Category: crypto

The Trump Organization has filed for a new trademark indicating its entry into the blockchain space, with plans for a virtual ecosystem including a metaverse and NFT marketplace. This move builds on previous digital ventures, such as the Official TRUMP memecoin and World Liberty Financial. The organization aims to bridge traditional sectors with emerging technology…

CME Group will launch Solana futures on March 17, boosting the likelihood of a Solana ETF approval in 2025 to 70%, as predicted by analysts.

BlackRock has added Bitcoin to its $150 billion model-portfolio offerings through the iShares Bitcoin Trust ETF. The asset manager allocated 1% to 2% of its target allocation portfolios to the ETF. Despite recent outflows, BlackRock sees long-term investment potential in Bitcoin and believes it can provide diversification to portfolios.

Ukraine is moving towards legalizing cryptocurrency, with lawmakers set to vote on a bill in the coming months. Uncertainty remains over how digital assets will be taxed, with proposals ranging from 5% to 23%. The legislation aims to regulate the crypto market and generate revenue, with a possible implementation by mid-2025.

Arizona Senate passed two crypto reserve bills on Feb. 27 to create state-managed digital asset funds. The Strategic Digital Assets Reserve bill creates a fund managed by the state treasurer, while the Strategic Bitcoin Reserve Act allows public funds to invest in cryptocurrencies. Utah and Texas are also exploring similar initiatives.

SEC Commissioner Caroline Crenshaw criticized the SEC’s decision to drop multiple crypto-related cases, including against major firms like Coinbase and Robinhood. She argued that the agency’s retreat from crypto enforcement undermines investor protection and could lead to regulatory gaps. Crenshaw also questioned the SEC’s guidance on memecoins, stating it lacks legal foundation and clarity.

Ethereum’s Pectra upgrade faced a challenge on Feb. 24 due to incorrect deposit contract addresses, causing chain splits. Discussions on the upgrade’s resilience have ensued. Efforts are being made to patch the issue, and a mass validator slashing event is scheduled for Feb. 28. Holesky will experience non-finality for three weeks. Sepolia will host Pectra’s…

Ethereum co-founder Vitalik Buterin emphasizes the importance of improving wallet security solutions to prevent crypto losses caused by inaccessible funds. He highlights the significant risk of self-custody and advocates for social recovery wallets to protect users from irreversible losses due to human error or technical failures.

Dunamu, the parent company of South Korea’s largest crypto exchange, Upbit, is taking legal action against the country’s Financial Intelligence Unit (FIU) over a business suspension order. Upbit challenges the FIU, arguing that the penalties are disproportionate and will impact its operations. South Korean authorities have launched a specialized unit to combat crypto-related crimes.

Coinbase-backed Ethereum Layer 2 network Base has introduced Flashblocks, Smart Wallet Sub Accounts, and Base Appchains to enhance scalability and usability. Flashblocks aims to make Base ten times faster, Smart Wallet Sub Accounts allow multiple wallets within a single interface, and Base Appchains support high transaction throughput for applications. These innovations position Base as a…