Category: crypto

Jupiter Exchange, a decentralized trading aggregator on Solana, will allocate 50% of protocol fees for buybacks and locking JUP tokens for three years starting Feb. 17. This initiative aims to reduce circulating supply, increase stability, and enhance platform sustainability. A dashboard will provide transparency into buyback operations for community monitoring.

South Korea’s Financial Services Commission plans to gradually open the crypto market to corporations, moving away from a ban on institutional trading. The phased approach will first allow government agencies, non-profit organizations, and exchanges to trade digital assets, with professional firms and publicly traded companies joining later. Tighter oversight and anti-money laundering measures will be…

US-based crypto miners are facing delays in receiving ASIC mining hardware from China’s Bitcoin due to increased scrutiny by US Customs and Border Protection. The delays are part of escalating trade tensions between the two countries, impacting the global market for specialized Bitcoin mining rigs. Bitmain has launched a domestic production line in the US…

President Trump’s administration is considering replacing a formal crypto council with informal summits involving industry leaders to discuss policy issues like banking, payments, data centers, and Bitcoin mining. The move aims to address internal divisions within the industry but has received mixed reactions, with some questioning Trump’s motivations.

The FBI’s Operation Level Up initiative has saved more than 4,300 potential victims from losing $285 million to crypto investment fraud since its launch. The program proactively identifies and intervenes with individuals being scammed, warning them before they lose their money. The FBI is collaborating with partners to shut down fraudulent platforms and prevent further…

Pi Network is set to launch its Open Network mainnet on Feb. 20, allowing users to transact beyond the Pi ecosystem. The platform has millions of KYC-verified users and aims to create a utility-driven ecosystem. Despite skepticism, OKX has announced plans to support the Pi token, with trading set to begin on Feb. 20.

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are considering a joint approach to regulating digital assets by reviving the CFTC-SEC Joint Advisory Committee (JAC). This initiative aims to address regulatory concerns, identify emerging financial risks, and streamline oversight to foster economic growth and market integrity.

US traders reacted to AlphaRising CPI data by selling specific assets 2 hours ago. Bitcoin price and Coinbase index indicate traders are preparing for the Federal Reserve’s potentially hawkish policy by preemptively adjusting their positions.

Mastercard reported that 30% of its transactions in 2024 were tokenized, highlighting its commitment to digital finance and acknowledging competition in the payments industry. The company emphasized the impact of technological advancements like blockchain and cybersecurity on payment systems, as well as the rise of stablecoins and cryptocurrencies as alternative payment methods. Mastercard is expanding…

OpenSea has launched its OS2 open beta platform and will release a token called SEA. The platform combines NFT and token trading, offers cross-chain purchasing with a 0.5% fee structure, and supports 14 chains. An XP system rewards activities and the user interface has been improved. The token claim process will be based on historical…