Author: Mahamat Ashraf

Article written by Mahamat Ashraf

Vitalik Buterin supports Argentina’s crypto community after the LIBRA scandal

20 hours ago 1 min read

Vitalik Buterin strongly supports Argentina’s crypto community. He proposed that Argentina host Devconnect following the LIBRA scandal. President Javier Milei welcomed the idea, saying it was an honor for the country. Buterin’s stance on the LIBRA controversy remains unclear. Buterin praised Argentina’s crypto growth. He thinks it demonstrates how digital assets can offer true economic freedom. He is still hopeful about the country’s progress in blockchain and crypto, despite the

Over $2.5 billion worth of Solana tokens to be unlocked in March

February 20, 2025 1 min read

The crypto market has shown a slight recovery. The overall market cap increased by 0.30% to $3.18 trillion. The 24-hour trading volume rose by 6% to $102 billion. However, the market sentiment remains fearful, with the fear index dropping to 37. Solana (SOL) has been facing challenges recently. Its price fell from an all-time high of $295 to around $160. After a market correction in late January, SOL dropped below

The SEC reviews Grayscale’s applications for XRP and Dogecoin ETFs

February 14, 2025 1 min read

The US SEC has recognized proposed rule changes that would allow NYSE Arca to list and trade shares of the Grayscale XRP Trust and Grayscale Dogecoin Trust. This is an important step, especially for the Grayscale XRP Trust, as Ripple and the SEC are still in a legal battle over XRP’s classification. Bloomberg ETF analyst James Seyffart noted that a 45-day review period will start once the proposal is published

Ethereum Foundation moves 50,000 ETH

February 9, 2025 1 min read

Ethereum (ETH) is currently priced at $2,666.49, showing a slight increase of 1.91% over the last day. Its market capitalization has reached $321.4 billion, also up by 1.92%. However, the trading volume has significantly dropped by 48.83%, now at $15.15 billion, indicating less trading activity. Recently, the Ethereum Foundation moved 50,000 ETH, valued at $131.66 million, to a multi-signature wallet for DeFi (Decentralized Finance) activities. This action aligns with community

Dutch court releases the founder of Tornado Cash from prison

February 8, 2025 2 mins read

On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was released from prison after several months. A Dutch court decided to end his pretrial detention, but he will remain under house arrest and monitored electronically. His case has drawn attention from those concerned about privacy and cryptocurrency, marking a significant moment in his legal battle. Pertsev had been detained since 2022 due to allegations of money laundering linked

Over $3 billion in Bitcoin and Ethereum options are set to expire today

February 7, 2025 1 min read

Today, over $3 billion worth of Bitcoin and Ethereum options are set to expire. This large volume of contracts is drawing attention from traders. They are closely monitoring how macroeconomic changes and Trump’s trade policies will affect short-term price movements. In the Bitcoin market, there are more buy contracts than sell contracts. This suggests that investors are feeling optimistic. However, the price point that is causing the most losses for

Senator Hagerty introduces the GENIUS Act to regulate stablecoins

February 6, 2025 1 min read

US Senator Bill Hagerty has introduced the GENIUS Act, a bill focused on regulating payment stablecoins. This legislation aims to enhance the US dollar’s dominance in the digital currency space. It follows an earlier draft discussed in October, marking a significant move towards establishing a legal framework for stablecoin transactions. The GENIUS Act defines payment stablecoins as digital assets used for payments, which are pegged to a stable value. The

Donald Trump’s World Liberty Financial faces a loss of over $50 million

February 3, 2025 1 min read

Donald Trump‘s new tariff system is causing turmoil in global markets, especially in the cryptocurrency sector. In the early hours in Asia, Bitcoin (BTC) and Ethereum (ETH) saw significant drops, with BTC falling over 6% and ETH plummeting more than 20%. In just 24 hours, the crypto market experienced over $2.2 billion in liquidations, leading to a total market cap decline of more than 11%. The impact of Trump’s tariffs

Mantra (OM) surges by over 50%

January 31, 2025 1 min read

The real-world asset (RWA) tokenization platform MANTRA (OM) has seen a significant price increase of over 50% in the past week. On January 31, it reached an all-time high of $5.87. This surge is linked to a new partnership with DAMAC Group, a luxury real estate firm in Dubai. Currently, MANTRA is trading at $5.47, with a market cap of $5.27 billion, reflecting a 14.99% increase. The trading volume has

Virtuals Protocol expands to Solana

January 27, 2025 1 min read

Virtuals Protocol, a decentralized platform for AI agents, has expanded to the Solana blockchain, marking a key step in its multichain growth. This move, announced on January 25, aims to improve accessibility and innovation for developers across different ecosystems. The decision to expand to Solana is based on its speed, scalability, and active developer community. EtherMage, the lead developer, views this as essential for building a diverse multichain ecosystem. Teams

Coinbase CEO Brian Armstrong champions Bitcoin over gold

January 24, 2025 2 mins read

Coinbase CEO Brian Armstrong has stated that Bitcoin is a “better form of money” than gold. He highlights Bitcoin’s scarcity, portability, and divisibility as major benefits. Armstrong predicts that Bitcoin’s market cap, currently around $2 trillion, could exceed gold’s $18 trillion in 5 to 10 years. He encourages governments to invest part of their gold reserves in Bitcoin, viewing it as a more reliable store of value. Armstrong‘s comments followed

Ethereum Foundation may start staking its ETH reserves to fund operations

January 22, 2025 2 mins read

The Ethereum Foundation is considering staking its ETH reserves to cover operational costs. Co-founder Vitalik Buterin shared insights on this potential decision, noting past hesitations and ongoing challenges. Historically, the Foundation avoided staking due to regulatory risks and concerns about maintaining neutrality during hard forks. Buterin mentioned that regulatory concerns have lessened over time, but the neutrality issue remains. If the Foundation stakes ETH, it might have to take sides