Author: Emma Davis

Article written by Emma Davis

Binance’s former CEO CZ denies buying meme coins

February 10, 2025 2 mins read

Changpeng Zhao, known as CZ, is the co-founder and former CEO of Binance. He recently addressed rumors about his involvement with meme coins, stating he has never bought any. CZ understands the appeal of meme coins but focuses on long-term fundamentals instead of short-term trends. The conversation started after the TST token gained attention due to a tutorial by Binance’s BNB team on launching meme coins. This led to speculation

DarkFi launches anonymous app in alpha

February 9, 2025 1 min read

Recently, DarKFi released an alpha version of their app, which has been in development by a community of coders, artists, and technologists for years. DarkFi is a new privacy-focused crypto project led by Amir Taaki, an early Bitcoin developer. The app is a fully anonymous Internet relay chat (IRC) but Taaki envisions it evolving into a broader product suite. Taaki mentioned that the app has many features already in place,

Arbitrum’s Balancer V3 is now live

February 8, 2025 2 mins read

Balancer V3 is a new automated market maker (AMM) that enhances capital efficiency and reduces transaction costs. It has recently launched on Arbitrum, improving decentralized finance (DeFi) on this Layer 2 blockchain. This integration makes Arbitrum a more effective DeFi hub by utilizing features like Hooks, 100% Boosted Pools, and customizable AMMs. Balancer is a permissionless platform that allows developers to create advanced trading and liquidity strategies. It automates crypto

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