SEC Reportedly Considering Classifying XRP as a Commodity
The U.S. Securities and Exchange Commission (SEC) is reportedly considering classifying XRP as a commodity rather than a security. This discussion is said to have emerged amid ongoing settlement negotiations between the agency and Ripple Labs, potentially signaling a shift…
Silo V2 debuts on Sonic, offering flexible and secure DeFi lending
Silo, a non-custodial decentralized finance marketplace, announced Friday morning the launch of its V2 protocol on Sonic, a high-performance Layer 1 network. This means users on Sonic can now tap into lending markets where risks are kept separate. This means…
3AC wins court approval to expand FTX bankruptcy claim from $120 million to $1.5 billion
Key Takeaways 3AC’s liquidators increased their bankruptcy claim against FTX to $1.53 billion. The court approved the expanded claim involving breach of contract and unjust enrichment. Share this article Three Arrows Capital’s (3AC) liquidators won approval to increase their bankruptcy…
Arkansas Cryptomining Association Sues State Officials Over Alleged Discriminatory Mining Ban
The Arkansas Cryptomining Association has filed a lawsuit against two state officials, accusing them of enforcing an unconstitutional regulation that prohibits foreign-born American citizens from participating in cryptocurrency mining. The case, which raises concerns over discrimination and economic rights, could…
$3.8 Billion in Bitcoin and Ethereum Outflows, What Does it Mean?
For the third week in a row, digital asset investment products have seen investors pull out funds. This past week alone marked a historic $2.9 billion in outflows which pushed the cumulative figure to $3.8 billion over three weeks. CoinShares…
Solana Foundation Exec Criticizes SIMD-228 as ‘Half-Baked,’ Anatoly Yakovenko Disagrees
Solana Foundation Executive Director Lily Liu has raised concerns over SIMD-228, a proposal to adjust the emissions of the network’s native SOL token based on staking participation, calling it “too half-baked.” However, Solana co-founder Anatoly Yakovenko holds a different view,…
Solana DEX Volumes Surpass Ethereum’s Despite Drop in Meme Coin Trading
According to VanEck’s February crypto report, Solana’s decentralized exchange (DEX) volumes have shown resilience despite declining meme coin trading. The report shows that Solana’s trading activity briefly surpassed that of the Ethereum ecosystem, including its Layer 1 (L1) and Layer…
Santiment Reports Increased Developer Activity on Major Blockchains Amid Market Slump
Amid a notable downturn in the digital asset markets, blockchain developer activity has continued to rise, defying concerns that the ‘crypto market is dead.’ A recent report from Santiment highlights growth in development efforts across the top ten crypto ecosystems,…
‘Bad Bitcoin take’ — Crypto community reacts to Saylor’s kidney-selling advice
Key Takeaways Michael Saylor suggested selling organs instead of Bitcoin, sparking criticism. Saylor’s past advice included extreme measures like mortgaging homes for Bitcoin. Share this article When Bitcoin crashes, Saylor’s our guy, but this time, the vibe is off for…
2017–2021 Altcoin Run Likely Never Happening Again, According to Veteran Trader – Here’s Why
A popular market analyst known for his timely crypto calls says that the astronomical altcoin gains of the last cycle are probably never going to happen again. Pseudonymous trader Pentoshi tells his 858,600 followers on the social media platform X…
A Complete Guide to Abstract Chain: The Pudgy Penguins L2
In building Pudgy Penguins, Igloo Inc. have turned a dud into one of the world’s biggest NFT collections. With watchful eyes locked on their every move, they’re now looking to build a mainstream-ready blockchain. That blockchain is the Abstract Chain….
Can XRP Reach $4.20? Analyst Reveals Key Price Targets & Timeline
CoinCodex has predicted that XRP could rally to $4.20, surpassing its all-time high of $3.40, by April 2025. This could be possible, driven by the potential resolution of the SEC lawsuit and the approval of an XRP ETF. XRP has…
Peter Schiff | ‘I Love the Sound’ of Bitcoin Crashing
Ardent defender of “stacking gold” as a long-term store of value and a gold merchant himself, Peter Schiff frequently defends his gold-selling business and thesis by debating against bitcoin’s merit regularly at events, televised interviews, and especially on X. The…
Why This Crypto Presale to Buy Ignites Excitement as Solana and Celestia Surge!
The cryptocurrency market is at a turning point, with major developments unfolding for Qubetics, Solana, and Celestia. As Qubetics launches its innovative crypto wallet and surges in presale success, Solana generates institutional interest with its futures ETF registration, while Celestia’s modular…
PayPal Planning Big Expansion of PYUSD Adoption via the Payment Giant’s 20,000,000 Merchants in 2025: Report
Online payments giant PayPal is reportedly eyeing to expand the user base of its US-dollar-backed stablecoin by integrating the asset into several of its products this year. Bloomberg reports that the California-based firm is targeting its more than 20 million…
Fractured Reflections to Premiere on Anime.com
Azuki’s latest anime project—Fractured Reflections—will debut on February 27 at 18:00 PT as part of the ongoing Enter The Garden anthology series. The episode will first be shown on Anime.com before being made available on Azuki’s YouTube channel, marking the…
XRP Experiencing A Leverage-Driven Rally – What This Means To Price
XRP has surged past the $1.62 level, placing it less than 5% away from the crucial $2 mark. This impressive rally has seen the price gain over 50% since last Tuesday, capturing the attention of both investors and analysts. The…
HK Launches Crypto Regulatory Roadmap for Virtual Asset Growth
Hong Kong’s Securities and Futures Commission (SFC) unveiled its “ASPIRe” roadmap, a strategic plan with 12 key initiatives aimed at strengthening the city’s virtual asset ecosystem. What’s the significance: With crypto regulations still unfinished, Philippine regulators could view Hong Kong’s…