Crypto

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…

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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…

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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…

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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…

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Solana

$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…

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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,…

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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…

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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,…

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Remittix (RTX) hits $4m presale as XRP holders take notice

With the cryptocurrency market eyeing a stellar 2025 amid a new wave of optimism, new crypto project Remittix (RTX) is trending. The altcoin looks to have stolen the shine off XRP (XRP) early on as its presale hits $4 million….

NFT

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its venture into Solana’s compressed NFTs. The venture promises to be a budget-friendly and scalable path for digital collectibles. Quick Takes: Magic Eden announces its foray into Solana’s compressed NFTs. The cNFTs…

Polkadot Surges by 63% Within Two Weeks as it Moves Towards $10

During the past 3 months, Polkadot was one of the main performers after gaining by 130%.  The price of DOT, one of the leading altcoins, down by 3.6% during the past 24 hours. This shows that it has maintained its…

Colle AI (COLLE) Elevates Digital Asset Creation with Next-Gen AI Solutions and Advanced Blockchain Connectivity

Pioneering Multichain NFT Innovation with Cutting-Edge AI Technology February 28, 2025 1:00 AM EST | Source: Kaj Labs London, United Kingdom–(Newsfile Corp. – February 28, 2025) – Colle AI (COLLE) continues to lead digital asset innovation by integrating next-generation…

SEC drops investigation against Gemini, no action taken

The SEC has dropped investigations against Coinbase, Robinhood Crypto, and Uniswap Cameron Winklevoss said the result does “little to make up for the damage” done He said there should be “thoughtful legislation” to deter agencies from bullying lawful organizations The…

Lithosphere News

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