Category: crypto

Bitcoin financial services firm Fold Holdings will list on the Nasdaq on Feb. 19, becoming the 12th crypto-native company on the stock exchange. The merger with FTAC Emerald Acquisition Corp. will allow the combined company to operate under Fold Holdings. They aim to expand access to Bitcoin investment opportunities and offer financial products integrating BTC.…

BNY Mellon disclosed holdings of over $13 million in Bitcoin ETFs at the end of Q4, signaling increasing interest from traditional financial institutions in digital assets. Other major banks like JPMorgan Chase and Goldman Sachs are also entering the digital asset space. Regulatory constraints still limit direct crypto ownership for banks.

CryptoSlate Alpha is a membership program that requires a one-time purchase of an NFT using SOL, the native token of Solana. Connecting a Solana wallet is necessary for the purchase. By buying the membership, users agree to be bound by third-party wallet provider terms and conditions. CryptoSlate is not responsible for the wallet’s provision, access,…

Creditors of bankrupt crypto exchange FTX are receiving initial payouts in their Kraken accounts. Claimants with approved amounts under $50,000 are getting full reimbursements plus 9% annual interest. Larger creditors will start receiving payments in the second quarter of 2025. FTX collapsed in 2022 due to financial mismanagement and fraud.

Reeve Collins, co-founder of Tether, is supporting a new yield-bearing stablecoin project called Pi Protocol. The stablecoin will be backed by real-world assets like US Treasuries and money-market funds. Pi Protocol aims to offer yield to users and capitalize on the growing stablecoin market. USPi holders will have voting power and receive a share of…

Bitwise donated $150,000 to support Bitcoin open-source developers, equivalent to 10% of its ETF’s gross profits. The funds will go to Brink, OpenSats, and the Human Rights Foundation. Bitwise CEO expressed gratitude to investors, with BITB’s low fees and positive net flows making it the fourth-largest US-traded Bitcoin ETF.

Nigeria’s SEC is planning to tax crypto transactions to increase government revenue. The regulatory body aims to include eligible transactions on licensed exchanges under the tax framework. Some exchanges have already started implementing tax measures. This initiative may indicate a shift in the government’s stance on crypto amid a dispute with Binance.

Tether is looking to increase its ownership in South American agribusiness and energy company Adecoagro by acquiring additional shares. Adecoagro’s Board of Directors is cautiously considering Tether’s proposal, seeking advice from legal and financial advisors. Tether’s strategy includes diversifying beyond stablecoins, investing in areas like Bitcoin mining and artificial intelligence. Tether has also signed an…

Binance CEO Richard Teng warns the crypto community about a scam called “share-seed-phrase,” where fraudsters trick victims into transferring funds to wallets they control. These scammers impersonate crypto professionals, claiming accounts are compromised and instructing users to import specific seed phrases. Binance advises users to be cautious and verify communications through official channels.

TRON DAO in Geneva, Switzerland, is launching the TRON Builders League (TBL) on February 19, 2025. The program offers funding, mentorship, and support for builders within the TRON ecosystem. TBL focuses on infrastructure, payments, gaming, AI, cross-chain transactions, real-world assets, consumer applications, and memecoins with utility. Evaluation criteria include team performance, market usefulness, future potential,…