Kansas Legislation Aims to Establish State-Managed Reserve for Bitcoin and Other Digital Assets
The proposal would fund the reserve with unclaimed crypto and staking rewards rather than direct state Bitcoin purchases.
SEC Dismisses Civil Lawsuit Against Gemini Permanently, Clearing the Path for the Company
The SEC was satisfied with Gemini’s agreement to contribute $40 million toward the full recovery of Gemini Earn investors’ assets lost as a result of the Genesis bankruptcy.
Bitcoin Faces Early Bear Phase as $84,000 Emerges as Crucial Support Level
Bitcoin's profit cycle has turned negative for the first time since 2023, suggesting that BTC is transitioning into a bear market
Farcaster to Reimburse Investors with $180 Million After Neynar Acquisition
Decentralized social network Farcaster remains operational after its acquisition by Neynar and confirmed plans to return $180 million in capital to investors.
CertiK Maintains IPO Plans as Valuation Reaches $2 Billion, According to CEO
Speaking from Davos on Thursday, co-founder and CEO Ronghui Gu said a CertiK public listing would represent a significant advancement for companies involved in Web3.
Restaking Offers High Potential Returns But Carries Significant Risks and Delivers Little Actual Value
Restaking yields come from token emissions and VC incentives, not productive activity. Complex models concentrate power among large operators, while compounding risk cascades.
Remittances Outshine Aid in Africa's Shift Towards Stablecoins
Speaking at the World Economic Forum in Davos, Switzerland, economist Vera Songwe pointed to remittances and inflation hedging as key drivers of stablecoin use across Africa.
Binance Revives Plans for Tokenized Equities Five Years After Initial Launch Attempt
The crypto exchange briefly offered tokenized versions of cryptocurrency and technology company stocks in 2021 before halting trading amid regulatory scrutiny.
Trump-Supported World Liberty Financial Collaborates with Spacecoin to Launch USD1 Million Satellite DeFi Project
Spacecoin said the partnership includes a token swap between the two projects, though it did not disclose the terms.
YZi Labs Supports BitGo's Initial Public Offering as Cryptocurrency Custodian Launches on the NYSE
YZi Labs did not disclose the size of the investment but said it is a strategic institutional investor in BitGo.
Ledger Considers New York IPO Valued at Over $4 Billion According to Financial Times
The French hardware wallet maker has engaged investment banks to explore a US initial public offering, the Financial Times reported.
Revolut Abandons Acquisition Strategy and Pursues US Banking License, According to New Report
Revolut is planning to apply for a US banking license through the OCC after previously considering a bank acquisition that could have required branch commitments.