Category: crypto

Parents of SBF are seeking a presidential pardon from Trump for their son, who was sentenced to 25 years for fraud. They have engaged with lawyers and individuals close to Trump. Requests for pardons from white-collar criminals have increased. SBF’s lawyer has filed an appeal, but support for him is not as widespread as for…

The Czech National Bank plans to explore including Bitcoin in its reserve assets despite opposition from ECB President Lagarde. The CNB aims to diversify investments and will conduct a thorough review before making any changes. Other European monetary authorities are also showing openness towards digital assets, with some considering allocating a percentage of reserves to…

South Dakota Representative Logan Manhart introduced two legislative proposals on Jan. 30 to incorporate Bitcoin into the state’s investment strategy. HB 1202 would allow for 10% of public funds to be allocated to Bitcoin, while HCR 6006 urges exploration of Bitcoin as a hedge against inflation. South Dakota became the 13th state to pass such…

Cryptocurrency-related hacks in January 2025 resulted in nearly $74 million in losses, a ninefold increase from the previous month. The majority of losses came from two major incidents targeting centralized finance platforms. The BNB Chain was the most targeted blockchain network, with Ethereum following closely behind. Despite the increase, losses were lower compared to the…

Grayscale filed a 19b-4 Form with the NYSE to convert its XRP Trust into an ETF on Jan. 30. The trust holds $16 million, equivalent to 1.2% of total XRP ETP assets. Speculation arose in the crypto community about a potential XRP ETF. JPMorgan estimated XRP ETPs could attract $4-8 billion. Despite challenges, the chances…

Tether is promoting its tokenization platform Hadron and investment in Quantoz as part of its European strategy amidst regulatory pressures leading to USDT delistings under the EU’s MiCA framework. Tether is focused on regulatory compliance and innovation, while criticizing the rapid removal of USDT from European exchanges and warning of potential market disruption and consumer…

Kraken has launched a new onchain staking product for US clients, allowing users in 37 states and two territories to stake digital assets like Ethereum, Solana, Polkadot, and Cardano. The move follows regulatory challenges and settlement with the SEC, with the new service being fully compliant. Staking has become a popular way to earn rewards…

Ripple USD (RLUSD) has quickly become the fourth-largest stablecoin by trading volume, reaching $3.02 trillion in total trading activity in just over a month. Its strong performance on Bullish exchange has contributed to its success. The broader stablecoin market also saw growth, with Solana emerging as a major player.

Fairshake, a bipartisan PAC focused on funding crypto-friendly policies, has raised $116 million for the 2026 US midterm elections, with $11 million from major players in the crypto industry. They aim to elect pro-crypto candidates and support innovation while opposing restrictive policies. Fairshake’s successful track record has helped shape a pro-crypto Congress.

Grayscale has launched a new investment product, the Grayscale Bitcoin Miners ETF, focusing on Bitcoin mining companies. The ETF tracks firms listed on the Indxx Bitcoin Miners Index, including top miners like Marathon Digital and Riot Platforms. This move reflects the importance of mining in supporting the crypto network and offers indirect exposure to Bitcoin…