Category: crypto
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TRON Builders League Launches with $10M in Funding to Accelerate Ecosystem Growth
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,…
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Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
Russian energy provider Rosseti suffered significant financial losses of approximately 1.3 billion rubles ($14.2 million) in 2024 due to illegal crypto mining activities. The company uncovered 130 cases of unauthorized grid connections related to mining, resulting in over 40 criminal cases. Rosseti is now exploring legal Bitcoin mining projects to optimize energy use and boost…
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Argentina president Javier Milei claims LIBRA memecoin fallout is ‘a private matter’
Argentina’s President Javier Milei denied endorsing the LIBRA memecoin after it caused massive investor losses. Milei claimed he only shared information about the token and acted in good faith. The project’s creators were accused of insider trading and price manipulation. The fallout led to legal scrutiny and calls for Milei’s impeachment.
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Libra’s $4.5B memecoin collapse sparks resignations and political chaos — what we know so far
The dramatic collapse of the Solana-based Libra memecoin has caused controversy and legal battles in the crypto market. The token’s value dropped 95%, leading to heavy losses for investors and raising questions about insider activity. Political turmoil in Argentina, plans for a Nigeria memecoin, and a resignation related to insider trading allegations are also highlighted.…
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Elon Musk’s DOGE solicits public help to tackle SEC inefficiencies
Elon Musk’s Department of Government Efficiency (DOGE) is targeting the US SEC to reduce waste in government spending. DOGE is urging individuals to come forward with insights on inefficiencies or unethical behavior at the SEC. The move has sparked discussions in the crypto community about the SEC’s approach to digital asset regulation.
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CZ refutes Binance sale rumors but open to minority stake offers over time
Binance founder CZ denied rumors of a potential sale of the crypto exchange but mentioned the possibility of selling a minority stake to investors in the future. The company clarified that recent asset movements were not indicative of a sale and remains open to potential mergers and acquisitions. Despite regulatory challenges, Binance remains the largest…
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XRP trading booms on US exchanges as ETF speculation heats up
A recent report by Kaiko shows that XRP is in high demand on US-based exchanges, surpassing other cryptocurrencies in trading volume. XRP contributed more to Coinbase’s revenue than Ethereum in the fourth quarter. Speculation about a potential XRP ETF approval has also fueled trading activity. Institutional interest and regulatory clarity may further boost XRP’s trading…
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Solana, XRP buck trend as investors pull $415 million from crypto amid Fed’s hawkish stance
Digital asset investment products experienced significant outflows for the first time in 2025, with investors withdrawing $415 million last week. This shift in sentiment was attributed to concerns over potential hawkish US monetary policies and higher than expected inflation data. Bitcoin suffered the most outflows, while Ethereum remained stable. Solana and XRP attracted new investments,…
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ESMA launches consultation to define crypto advisor standards across Europe
ESMA has launched a consultation on guidelines for assessing the knowledge and competence of professionals offering crypto-asset services under MiCA regulation. The draft guidelines set minimum competency standards for qualifications, work experience, and ongoing education. Advisors must meet stricter requirements than information providers. Firms must conduct internal reviews to ensure compliance. Feedback is welcomed until…
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Bitcoin completes 81 days in consolidation as traders await clearer macro signals
Bitcoin has been trading in a tight range between $91,000 and $102,000 for 81 days, with little directional momentum and only a 4.3% peak-to-trough movement. Altcoins have struggled amid uncertainty, with meme coins like PEPE losing 46.4% over the past month. Bitcoin’s stability suggests capital flows away from altcoins, reinforcing its dominance. The global altcoin…