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Decision makers in Hong Kong have been called to arms. On 5 February 2025, Jonny NG Kit-chong, a legislator based out of Hong Kong urged regional authorities to expedite the creation of a cryptocurrency framework. Popular youth leader, Kit-chong, wants the region to compete in the crypto space and outpace international players. He wants to
Two law firms – Burwick Law and Wolf Popper LLP – have issued a cease-and-desist letter to the Solana-based meme coin creation platform PumpFun, demanding the immediate removal of the Dogshit2 token and other related coins deployed on the Solana blockchain that utilize unlicensed intellectual property from their firms. According to the law firms, PumpFun
A rival of top altcoin Ethereum (ETH) is seeing a rise in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will be adding support for Berachain (BERA), an Ethereum Virtual Machine (EVM)-identical layer-1 blockchain that uses a proof-of-liquidity (PoL) consensus mechanism.
Why did ETH fail to outperform BTC so disappointingly in 2024? Here are ETH’s wins, losses, and major developments from the past year. Source link
Elon Musk’s Department of Government Efficiency (DOGE) has gutted the United States Agency for International Development (USAID), taking a team of over 10,000 down to just under 300, according to an internal email viewed by WIRED and several current USAID employees. The move leaves only 12 people in the agency’s Africa bureau and eight people
President Donald Trump’s pro-crypto administration, the meteoric rise of Solana, and the Deepseek surprise, were all key issues in Binance Research’s monthly report. Binance Research Releases Monthly Market Insights Binance Research, a division of the world’s largest cryptocurrency exchange by volume, released its Market Research report on Thursday, detailing key issues that impacted the $3.76
Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained control of the page, confirming that no funds or customer data were affected. Hack Leads to Token Scam Promotion The drama kicked off in the
Analyst and trader Michaël van de Poppe is leaning bullish on altcoins amid a crypto market correction that resulted in digital assets worth billions of dollars getting liquidated earlier this week. Van de Poppe tells his 771,900 followers on the social media platform X that 2025 will be a “big expansive year” and the market
After Donald Trump decided they weren’t a good idea, Ripple scrubbed years of its work on a US dollar CBDC. Source link