Month: January 2025

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27. Judge Paul Engelmayer has encouraged plea…

Pyth Network is partnering with Revolut to contribute to both centralized and decentralized financial markets. The pair will distribute Pyth’s sophisticated price data through Revolut’s massive user base. In doing so, the pair hope to provide new resources to DeFi and show CeFi institutions that Web3 investment can be cheap and profitable. Pyth and Revolut…

SEC Chairman Gary Gensler reiterated his long-standing critique of the cryptocurrency industry, calling it “rife with bad actors” during a Bloomberg TV interview on Wednesday.  Reflecting on his tenure, Gensler said he was proud of the SEC’s enforcement actions in…

Binance Co-Founder Changpeng Zhao has expressed support for Bhutan’s bold decision to include cryptocurrencies in its strategic reserves. The announcement marks Bhutan’s move to strengthen its economic resilience and innovation within the growing digital asset ecosystem. Changpeng Zhao Applauds Bhutan’s Crypto Strategic Reserve Plans Gelephu Mindfulness City (GMC) in Bhutan, a Special Administration Region, has…

Solana co-founder Anatoly Yakovenko has broken silence on the early milestone the protocol achieved regarding open sourcing its codes to developers. This update comes at a time when the Hyperliquid is facing criticism from the community regarding how accessible its codes are. The insight from Yakovenko has further painted Solana as one of the most…

In a recent development, DePIN Union formally announced its strategic collaboration with IoTeX, an innovative Layer 1 blockchain ecosystem to transform decentralization. This partnership will seek to connect the real and the virtual dimensions using IoTeX’s safe, integrated, and distributed solutions. Promoting Innovation in the DePIN Ecosystem The continuous improvement of solutions and the development…

Elixir, the decentralized consensus network for crypto exchanges, is partnering with tokenization platform Securitize to unlock decentralized finance for Hamilton Lane’s private credit fund. On Jan. 8, Elixir announced it was teaming up with Securitize to enable institutional access to…

The non-fungible token (NFT) collection backed by President-elect Donald Trump launched its first 160 items, the “Trump Bitcoin Digital Trading Cards,” on Bitcoin (BTC) using the Ordinals protocol. Users who acquired the 100 NFT cards from the “Mugshot Edition” and submitted their Bitcoin wallets are eligible for the claim through NFT marketplace Magic Eden. Users…

Bitstamp cryptocurrency exchange has announced the listing of Ripple’s enterprise-grade stablecoin, Ripple RLUSD, on the Ethereum blockchain. This addition is part of Bitstamp’s effort to diversify its offerings and cater to investors seeking a robust digital asset for financial applications. RLUSD Stablecoin Goes Live on Bitstamp According to a recent blog post by Bitstamp, Ripple…

Sui price, a Layer 1 blockchain token, surged to a record high of $5.36 on January 6, 2025. However, the price has since faced a significant correction, aligning with Bitcoin’s dip below $96K in a broader bearish market trend. A whale’s $20 million long position on SUI is now nearing liquidation. Investors are questioning whether…