Sun, February 23

XRP Depository Receipts Set to Launch for Institutional Investors

Receipts Depository Corporation, a digital securities firm, is preparing to launch XRP Depository Receipts based in the United States. The product’s target will be accredited investors only and will be supported by Digital Wealth Partners (DWP) Advisors. According to Fox Business Journalist Eleanor Terrett on X, the initiative will work

February 8, 2025 2 mins read

USDT Market Cap Hit an ATH of $141B Amidst Stablecoin Regulation Plans

The crypto market is struggling to pick up as Bitcoin fell below the $97K level and Ether trading in the $2,600 zone. Major altcoins such as XRP, Solana, BNB, Dogecoin, Cardano, and Tron are following BTC and ETH in terms of market price momentum.  Total crypto market capitalization dropped by

February 8, 2025 2 mins read

Florida Pushes for Bitcoin Investment in State Funds

Florida Senator Joe Gruters has proposed a bill advocating Bitcoin as part of the state’s investment strategy. If the bill succeeds, it would allow the state to allocate up to 10% of its public funds into Bitcoin. Florida joins U.S. states like Texas, Wyoming, Ohio, Pennsylvania, and others in the

February 8, 2025 2 mins read

Rapper Kanye West Offered $2 Million to Promote Fake Ye Cryptocurrency

Popular artist Kanye West known for his super active presence on X special platform disclosed a possible crypto scam earlier today. Based on one of his posts, Kanye is trying to get in touch with Coinbase CEO Brian Armstrong, regarding crypto. By saying ‘No’ to a crypto scam offer, Kanye

February 8, 2025 2 mins read

Tornado Cash Developer Alexey Pertsev is Released From Prison

On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was freed from prison after a few months. Pertsev’s Release and Legal Battle A Dutch court ruled that Pertsev’s pretrial detention must be terminated, but he will be under house arrest and electronically monitored. Most people who are concerned

February 8, 2025 3 mins read

ConsenSys Hit Twice by Operation Chokepoint and CEO Credits Bank for Resistance

Consensys Faces Banking Challenges Consensys, the company behind the MetaMask wallet, has dealt with two serious banking issues due to U.S. authorities trying to limit its financial access. Founder and CEO Joe Lubin said the company was impacted by Operation Chokepoint 2.0. A policy aimed at blocking crypto businesses from

February 8, 2025 2 mins read

Sony Enters the Music NFT Space with Soneium in Partnership with Coop Records

Soneium, the blockchain of Sony has officially launched its first music NFT collection, integrating blockchain technology with the music industry. The debut collection was developed in partnership with Coop Records, an on-chain record label, revolutionizing music monetization and distribution. Coop Records has helped the transition of over 600 songs to

February 7, 2025 1 min read

Is WazirX Latest Update A Step Towards Fund Recovery?

The crypto market has once again been swooned by WazirX’s latest update. The July 2024 hacked exchange is yet to set its fund recovery scheme into motion. Since the hack last year, the exchange has announced several steps and updates, but the lack of fund recovery has caused investors to

February 7, 2025 2 mins read

VanEck Analysts Forecast SOL to Hit $520 by 2025 Year-End

The investment firm VanEck believes that the Solana price will strike the $520 mark before 2025 ends. The reason behind this is the growing market for smart contract platforms (SCP) and the surge in M2 money supply.  VanEck projections that M2 money supply will surge to $22.3 trillion in 2025

February 7, 2025 1 min read

Utah Bitcoin Reserve Bill HB230 Nears Final Approval

Utah will become the first US state to make history in terms of launching a Bitcoin reserve. The Strategic Bitcoin Reserve Bill, or HB230, has already been voted on by the House of Representatives and is waiting for final approval in the Senate before landing on the governor’s desk. HB230,

February 7, 2025 2 mins read