Solana and XRP saw nearly double-digit declines in their prices on the weekly timeframe as U.S. President Donald Trump made key tariff announcements. Bitcoin’s decline dragged down most altcoins as crypto traders assessed developments in artificial intelligence and the ETF hype surrounding Solana and XRP. Two new voices offer their expertise on Solana’s meme coin
Key Takeaways US Senate is investigating debanking claims against certain banks and industries. The banking industry calls for clearer standards and anti-money laundering regulation simplification. Share this article The US Senate Banking Committee will hold a hearing today at 10:00 AM ET to investigate allegations of “debanking,” where businesses and individuals are denied financial services
Coinbase and Kraken have obtained critical regulatory licenses to expand their operations in the UK and the European Union (EU), respectively. On 3 February 2025, Coinbase announced obtaining a Virtual Asset Service Provider (VASP) registration in the UK. This particular milestone registration will make Coinbase “the largest registered digital assets player in the UK.” VASPs
Over the past two months, Coinbase users have reported a surge in account restrictions, which appear linked to the company’s aggressive risk models and an ongoing wave of social engineering scams. ZachXBT believes that the blame for the losses lies with Coinbase’s leadership, failing to report theft addresses, offer responsive support, and react swiftly to
MEXC will launch Berachain, a new Ethereum Virtual Machine-compatible Layer-1 blockchain, on Feb. 6, celebrating the listing with an airdrop event kicking off on Feb. 5. Berachain (BERA) will be listed on MEXC on Feb. 6. To mark the listing of BERA, MEXC has announced a massive airdrop featuring a 19,100 BERA and 50,000 USDT prize
Key Takeaways The XRP Ledger resumed operations after a one-hour halt without any loss of user funds or data. Developers are conducting a post-mortem analysis to identify the halt’s root cause and prevent future incidents. Share this article The XRP Ledger has returned to normal operations after experiencing a one-hour network halt on February 4.
According to South Korean local media reports dated 3 February 2025, Gwacheon city announced the use of IT solutions to seize and liquidate crypto assets from tax evaders. The regulators aim to use this platform to identify crypto wallets belonging to tax evaders in the city. Authorities have so far identified 361 high income citizens
The SEC is scaling back its special unit of more than 50 lawyers and staff members that were responsible for bringing crypto enforcement actions, according to a Feb. 4 New York Times report citing people with knowledge of the matter. Some of the lawyers in the crypto enforcement unit are being assigned to other departments
Spot Bitcoin exchange-traded funds in the United States have returned to net inflows after President Donald Trump agreed to pause the imposition of tariffs on Canada and Mexico for a month following negotiations with their leaders. According to data from Farside Investors, the 12 spot Bitcoin ETFs recorded a net inflow of $340.7 million on
Key Takeaways CALICOIN, a Solana-based meme token, reached a $30 million market cap within hours of its launch. The token was created by Nathan Copeland, a brain-computer interface pioneer with notable achievements in digital art and BCI research. Share this article CaliCoin (CALICOIN), a new Solana-based meme token created by a brain-computer interface pioneer, achieved