Author: Emma Davis

Article written by Emma Davis

Ondo Finance announces the new layer 1 Ondo Chain

February 7, 2025 1 min read

Ondo Finance has launched Ondo Chain, a new layer 1 blockchain network aimed at institutional adoption of tokenized real-world assets (RWAs). This announcement comes as the ONDO token has seen significant growth recently, particularly after World Liberty Financial, backed by Donald Trump, purchased more ONDO tokens. Ondo Chain is designed to enhance the adoption of institutional-grade financial markets by offering on-chain solutions. The platform focuses on security and compliance, which

The SEC has acknowledged Grayscale’s Solana and Litecoin ETF filings

February 7, 2025 2 mins read

The U.S. Securities and Exchange Commission (SEC) has recognized Grayscale’s proposals for exchange-traded funds (ETFs) related to Solana and Litecoin. This is a significant moment as it is the first time the SEC has acknowledged a Solana ETF filing. This change comes during a time of leadership shifts within the SEC, raising hopes for a more favorable regulatory environment for cryptocurrencies. On February 6, the SEC invited public comments on

MicroStrategy rebrands to Strategy

February 7, 2025 1 min read

MicroStrategy rebrands to Strategy MicroStrategy has officially changed its name to Strategy, incorporating the Bitcoin symbol into its logo. This rebranding highlights the company’s strong commitment to Bitcoin (BTC). In 2024, Strategy reported a remarkable 74.3% yield from Bitcoin, even though its overall revenue declined. In the fourth quarter of 2024, the firm made its largest Bitcoin purchase ever, investing over $20 billion. Michael Saylor, co-founder of the company, announced

Coinbase CLO Paul Grewal will testify before Congress against Operation Choke Point 2.0

February 6, 2025 1 min read

Paul Grewal, the Chief Legal Officer of Coinbase, is set to testify before Congress about Operation Choke Point 2.0. His goal is to advocate for fair regulations for the cryptocurrency industry. This testimony is part of a larger plan to build a better relationship between the crypto sector and the US government. Coinbase has faced legal challenges to expose past regulatory issues while also being open to new laws that

Telcoin receives approval for its Digital Asset Depository Bank Charter

February 4, 2025 2 mins read

The Nebraska Department of Banking and Finance has approved Telcoin, Inc. to become one of the first federally regulated digital asset depository banks in the U.S. This decision follows a public hearing in December 2024 and is a major step in integrating digital assets into traditional banking. Telcoin submitted a comprehensive business plan with hundreds of pages and 29 appendices. This plan outlined how Telcoin intends to issue US dollar-backed

Swiss bank UBS tests blockchain-based gold trading on Ethereum’s ZKSync

February 4, 2025 2 mins read

UBS, a major Swiss bank, has tested its blockchain-based gold investment product called UBS Key4 Gold on the Ethereum Layer-2 network, ZKSync. This trial used ZKSync’s Validium mode, which allows for secure and private transactions while enabling fractional gold purchases. This step shows how traditional financial institutions are increasingly adopting blockchain for asset tokenization. On January 31, ZKSync announced that UBS, which manages $5.7 trillion in assets, is looking into

Purpose Investments files for the first-ever Ripple (XRP) ETF in Canada

February 2, 2025 1 min read

Purpose Investments, a Canadian asset management firm, has proposed the first exchange-traded product (ETF) based on the spot value of Ripple (XRP). This move follows their success with the first Bitcoin and Ether ETFs. The firm has submitted the necessary documents to Canadian securities regulators to launch the Purpose Ripple ETF. This ETF aims to invest in long-term XRP holdings, providing a new way for investors to access this digital

Kraken exchange to delist USDT and several other stablecoins

February 2, 2025 1 min read

Kraken crypto exchange will delist Tether (USDT) and four other stablecoins in the European Economic Area (EEA). This decision is in response to new regulations under the Markets in Crypto-Assets (MiCA) framework. The delisting will happen in phases, with the process ending on March 31, 2025. The stablecoins being delisted include PayPal USD (PYUSD), Euro Tether (EURT), TrueUSD (TUSD), and TerraUSD (USDT). The delisting will start on February 13, 2025.

Gemini halts hiring MIT graduates as long as Gary Gensler remains a professor

January 31, 2025 2 mins read

Tyler Winklevoss, co-founder of Gemini, has announced a hiring freeze for graduates and interns from MIT. This decision is linked to the return of former SEC Chair Gary Gensler to MIT as a professor. Winklevoss stated that Gemini will not hire MIT alumni while Gensler is associated with the institution. This move highlights the growing tensions between the crypto industry and regulators. Gensler previously led the SEC’s efforts to regulate

Coinbase is overhauling its token listing process and deepening DEX integration

January 28, 2025 1 min read

Coinbase, the leading crypto exchange in the US, is changing its token listing process due to the rapid increase in new cryptocurrencies. Currently, over 1 million tokens are created each week, making it difficult for the platform to evaluate each one manually. On January 26, CEO Brian Armstrong highlighted the need for a new strategy. He noted that the current method of evaluating tokens individually is no longer practical. He

Elon Musk’s D.O.G.E explores blockchain to boost government transparency

January 27, 2025 2 mins read

Elon Musk‘s Department of Government Efficiency (D.O.G.E) is exploring blockchain technology to improve federal operations. The goal is to enhance transparency and reduce costs in government finances. Supporters like Charles Hoskinson, founder of Cardano, believe this initiative could transform how public funds are managed by providing real-time data access and minimizing corruption. Blockchain’s decentralized nature is ideal for tracking government spending, securing sensitive information, and boosting accountability. This initiative aligns

Elizabeth Warren urges federal scrutiny of TRUMP and MELANIA coins

January 24, 2025 1 min read

Senator Elizabeth Warren and Representative Jake Auchincloss are urging U.S. regulators to investigate the TRUMP and MELANIA meme coins created by Donald and Melania Trump. They expressed concerns about foreign influence, market manipulation, and risks for investors associated with these digital currencies. The TRUMP coin experienced significant price fluctuations, rising from under $10 to $75 before dropping to $32.44. The MELANIA coin also showed extreme volatility, making it a risky