Month: February 2025
Fed chair says he will not launch a digital dollar
Jerome Powell, who has served as chair of the Federal Reserve since 2018, made a guarantee to lawmakers in the Senate regarding a US central bank digital currency.
Fed Chair Jerome Powell Says No US CBDC Under His Watch
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won’t issue a central bank digital currency or CBDC while he’s in charge.
Canary’s Solana ETF Reaches Next Stage in SEC Review
Another day, another once unthinkable crypto exchange traded fund filing. Canary Capital’s proposed Solana ETF has become the second such vehicle to reach the starting gate. In a regulatory filing Tuesday the Securities and Exchange Commission (SEC) opened up public comment on the “Canary Solana Trust,” a proposed ETF that would bring SOL investing into … Read more
How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid, … Read more
SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
Ether Poised for a Rebound to $3K From Oversold Levels: Analysts
Ether (ETH), the second largest cryptocurrency by market capitalization, recently sunk to its weakest price compared to bitcoin (BTC) since late 2020 in a trade war-fueled panic crash, but a relief bounce might be on the horizon. “ETH looks to be trying to establish some bullish momentum and could be looking to finally make a … Read more
Solana (SOL) price softens as onchain volumes drop 28% in a week
Solana price falls below $200 as the network’s onchain activity drops, but investors’ anticipation of a spot SOL ETF could prompt a recovery.
Former Supreme Court Star Has Bail Revoked as Feds Uncover Crypto Trail
Federal prosecutors claimed that he posed an “urgent risk of flight,” given his connections to “wealthy individuals.”
3DOS Expands Decentralized Manufacturing With Walrus-Powered AI And Storage
Palo Alto, USA, February 11th, 2025/Chainwire/–3DOS, the world’s first decentralized manufacturing network, has selected Walrus as its decentralized storage solution to power its expanding ecosystem of AI-driven manufacturing tools and 3D printing designs. Following last year’s announcement to build its network on Sui, this partnership cements 3DOS’s mission to decentralize and localize global manufacturing, ensuring … Read more
Trust, 2-Party Relays, and QUIC
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Toshi.bet Expands Crypto Gaming Platform With Personalized Rewards And Instant Withdrawals
BVI, BVI, February 11th, 2025/Chainwire/–Toshiba.bet, a growing crypto gaming platform, continues its expansion with a focus on instant withdrawals, privacy-focused gaming, a personalized rewards system, and an extensive selection of gaming options. Designed for crypto users seeking a seamless and flexible gaming experience, Toshi.bet introduces features aimed at enhancing user engagement and accessibility. Instant Withdrawals … Read more
GameFrog ($GMF) Introduces AI-Driven Staking Model And Security-Focused Smart Contract Audit
GameFrog($GMF)a new entrant in the memecoin sector, integrates artificial intelligence-driven market strategies with a staking rewards system. Drawing inspiration from the cultural influence of GameStop and the Pepe the Frog meme, the project aims to offer token holders automated staking mechanisms and liquidity management tools. With the presale nearing $250,000, participants are acquiring $GMF tokens … Read more
Fed’s Powell Says He’s Also Worried About Debanking That Strained U.S. Crypto
When confronted by members of the Senate Banking Committee about concerns over the “debanking” trend plaguing the crypto industry, Federal Reserve Chairman Jerome Powell said he’s also worried about it and is already tweaking internal supervision policies at the Fed. “I too, am troubled by the quantity of these reports,” Powell said in routine testimony … Read more
SEDA’s Flagship Verification Module To Secure A $120 Billion Industry
NEW YORK, New York, February 11th, 2025/Chainwire/–SEDA has announced the Interoperability Verification Module (IVM) framework to set an industry standard for cross-chain verification for all routes, across any VM. Today, SEDA announced the first-of-its-kind Interoperability Verification Module framework. SEDA IVMs are a plug-and-play verification solution for interoperability protocols, adding significantly upgraded security, near-instant horizontal scaling, … Read more
Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin
The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”
Framework will reveal new gadgets on February 25th — can you decipher its glyphs?
Nearly two years ago, Framework announced one of the most ambitious laptops ever live on a San Francisco stage, plus an AMD upgrade for its modular Intel machines. On February 25th, it’s promising “an even bigger set of announcements,” and that it’ll show “everything that we’ve been working on for the last two years.” What … Read more
Shopify pulls Kanye’s website offline over swastika merch
On Tuesday, Shopify shut down the Yeezy store run by Ye (formerly known as Kanye West) after it listed shirts with swastikas for sale. Ye advertised the site in a commercial shown during the Super Bowl on Sunday. It previously sold things like sneakers and t-shirts, but on Monday, the only item for sale was … Read more
BuzzFeed wants to fight AI-driven social media with a platform of its own
BuzzFeed wants to fight the addictive nature of social media platforms. BuzzFeed plans on launching a new social platform “built specifically to spread joy and enable playful creative expression.” In a blog post published on Tuesday, BuzzFeed co-founder and CEO Jonah Peretti highlights the “growing discontent” with platforms using AI-driven algorithms to keep users glued … Read more
Robinhood’s Q4 Report Could Help Preview Coinbase Results
Major action in crypto in 2024’s final three months is expected to show up in the results of trading app Robinhood (HOOD). A surge in user activity leading up to and then following the election of Donald Trump in November has analysts expecting a 440% quarterly jump in HOOD’s cryptocurrency trading revenue to $345.5 million, … Read more