Month: February 2025
Pakistan to Set Up Council to Oversee Crypto Policy: Report
Pakistan has said it will set up a national crypto council to develop legislation for the sector, following a meeting with President Donald Trump’s digital asset advisors, according to a report by local news site Dawn. The council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts. It … Read more
U.S. State Bitcoin Reserve Plans Hit Roadblock as Multiple Bills Rejected
Five states have so far blocked Bitcoin reserve bills, stalling efforts to integrate digital assets into public finance.
Bybit secured UAE in-principle approval days before $1.4B hack
Bybit is nearing a full operational license in the UAE, expanding globally despite regulatory challenges and the $1.4 billion crypto hack.
Crypto Remains Weak, Nvidia Results Day, DeFi Heats-up!
BTC rebounds off $86k, ETF outflows highest ever. ETFs outflows driven by basis unwinds. Fear & Greed hits lowest level since October. Prediction markets think only $124k BTC in 2025. Strategy now down 55% from high. SEC drops case against Uniswap. MKR leads DeFi coins after Uniswap news. Uniswap ‘biggest disaster’ in DAO governance. IP … Read more
We Kind of Suck at That Right Now
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Unique, a Swiss AI platform for finance, raises $30M
A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is … Read more
THORChain swap volume explodes past $1B after Bybit hack
THORChain’s swap volume has hit record highs as the Bybit hack laundering frenzy continues.
Is BTC price about to fill a $78K Bitcoin futures gap?
Bitcoin has two clear targets on the horizon as unfilled CME futures gaps create near-term BTC price magnets.
Taktile helps fintechs build automated decision-making workflows
The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with … Read more
Is Bitcoin solo mining viable in 2025?
While technically possible, the likelihood of mining a block solo without significant hash power is extremely low.
FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
The Federal Bureau of Investigation (FBI) asked for crypto industry help in tracking and blocking transactions intended to launder the $1.5 billion stolen from Bybit by North Korean hackers. The FBI published a list of Ethereum addresses that are holding or have held assets from the theft in a public service announcement on Wednesday. The … Read more
Core Scientific posts $265M Q4 loss, unveils $1.2B data center plan
Core Scientific sees potential for over $10 billion in cumulative revenue with the artificial intelligence hyperscaler CoreWeave.
Ripple partners with BDACS for XRP, RLUSD custody in South Korea
Ripple Labs and South Korean custodian BDACS partner to offer institutional-grade custody for XRP, RLUSD and other crypto assets.
Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin
Metaplanet Inc (3350) is seeking to raise another 2 billion Yen ($13.3 million) by selling additional ordinary bonds with a 0% interest. The funds will be used to buy more bitcoin (BTC), aligning with the company’s strategic investment plan. The bond issuance is exclusively allocated to Evo Fund, with redemption scheduled for Aug. 26. The … Read more
Gene Hackman has died
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Instagram may spin off Reels into a separate app
Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, … Read more
TradFi stablecoins will find it hard to win market share — Bitwise CIO
The BofA stablecoin news triggered mixed reactions from the community. Many saw it as a good sign for crypto, while others called it “CBDCish.”
Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware
Ether (ETH) continued its multi-day slide on Thursday with a 7% drop in the past 24 hours as the prolonged crypto sell-off showed no signs of a pause. Bitcoin (BTC) was trading between $89,000 to $82,500 in U.S. trading hours on Wednesday, staging a slight recovery in early Asian hours to just over $86,000. The … Read more
The TechBeat: What is an Altcoin Season (Altseason), and How Can You Benefit From It? (2/27/2025)
How are you, hacker? 🪐Want to know what’s trending right now?: The Techbeat by HackerNoon has got you covered with fresh content from our trending stories of the day! Set email preference here. ## Give Feedback, Get Rewarded: Win Sony Headphones or an iPad for Helping Shape HackerNoon’s Future By @hackernoon [ 3 Min read … Read more
Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next?
Bitcoin’s (BTC) prolonged range play above $90K has concluded bearishly this week, and how? The 12.6% drop observed in the first three days of the week (per UTC hours) marks the largest decline since the FTX bankruptcy in November 2022, according to data from TradingView. The sell-off is consistent with CoinDesk’s analysis earlier this month, … Read more
Engwe Mapfour N1 Pro e-bike review: the new ‘premium’
Engwe’s Mapfour N1 Pro looking fine in Amsterdam. Europe has an electric bike problem. Direct-to-consumer e-bikes from inexpensive Chinese brands like Engwe and countless others can be easily purchased online despite openly flouting EU restrictions. They feature throttles and powerful motors that can be easily unlocked to far exceed the 25km/h (16mph) legal speed limit … Read more
Nvidia revenues up 80% from ‘amazing’ demand for AI chips
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”