Crypto News

Lido founder Konstantin Lomashuk shared an X profile called “Second Foundation,” which was created amid discussions about the effectiveness of the Ethereum Foundation’s (EF) efforts for the ecosystem. However, Lomashuk clarified that no such entity has been created, and he would share his thoughts on the EF case soon. On Jan. 21, Ethereum co-founder Vitalik […]

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Roman Storm, co-founder of Tornado Cash, described his prosecution in a Jan. 22 X post as a “terrifying criminalization of privacy.” Tornado Cash is a non-custodial privacy protocol facilitating private crypto transactions via open-source code.  He stated: “I am being prosecuted for writing open-source code that enables private crypto transactions in a completely non-custodial manner […]

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The US District Court for the Western District of Texas has overturned the sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on crypto-mixing protocol Tornado Cash. A Jan. 21 filing from the Fifth Circuit Court of Appeals ordered OFAC to remove Tornado Cash-linked addresses from its Specially Designated Nationals and Blocked […]

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Justin Sun, the founder of the Tron network, has unveiled an ambitious strategy to transform Ethereum’s ecosystem and push its price to $10,000. In a Jan. 22 post on X, Sun detailed how changes in supply management, operational strategy, and fiscal policies could reshape the trajectory of the second-largest digital asset by market capitalization. Sun’s […]

The post Tron’s Justin Sun calls for Ethereum to tax layer-2s, start staking to get price to $10k appeared first on CryptoSlate.

Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm’s decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global’s earlier legal attempt to block the delisting through a court order. Last year, Coinbase removed wBTC from its platform […]

The post Coinbase seeks dismissal of BiT Global lawsuit over wBTC delisting appeared first on CryptoSlate.

On Jan. 21, OpenAI announced the Stargate initiative, a groundbreaking project to develop advanced AI infrastructure in the United States. Stargate initiative According to the firm, the project is planning an estimated $500 billion investment over four years, and the organization intends to allocate $100 billion upfront to accelerate its goals. The project focuses on […]

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Bitcoin (BTC) currently trades within a historically narrow 60-day price range, a phenomenon often seen before significant market volatility. According to a new report by Glassnode, this compression in price action suggests the crypto market may be preparing for its next big move. The report analyzed the percent range between the highest and lowest price […]

The post Bitcoin tight trading range signals imminent market movement – report appeared first on CryptoSlate.

Circle announced on Jan. 21 the acquisition of the tokenization firm Hashnote, the issuer of the USYC token. Additionally, the company closed a partnership with the market maker DRW Cumberland to drive USYC and USD Coin (USDC) in crypto and traditional markets. According to rwa.xyz data, Hashnote’s tokenized money fund Hashnote Short Duration Yield Coin […]

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Crypto wealth management platform SwissBorg integrated Avalanche into its Meta-Exchange (MEX) to introduce one-click cross-chain trading functionality, according to a Jan. 21 statement shared with CryptoSlate. The integration will simplify users’ interactions with blockchain networks and reduce the complexities that have often been an obstacle to adoption. The update positions SwissBorg as the only platform […]

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Coinbase CEO Brian Armstrong predicted that Bitcoin (BTC) will reach the “multiple millions price range” if countries begin implementing strategic Bitcoin reserves following the US. Speaking during an appearance on CNBC’s Squawk Box, Armstrong argued that institutional adoption, the approval of crypto-related exchange-traded funds (ETF) in the US, the potential approval of friendly legislation, and […]

The post Coinbase CEO predicts Bitcoin reaching multimillion-dollar prices as adoption continues appeared first on CryptoSlate.

Phantom, a leading crypto wallet on the Solana blockchain, stated that a recently reported vulnerability does not pose a risk to user funds, following criticism from a security researcher known as @CloakdDev. In a public statement, Phantom apologized for communication delays and emphasized that it remains committed to security. It added: “We believe it does […]

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A Solana wallet tied to renowned blockchain investigator ZachXBT withdrew nearly $4 million from a memecoin project associated with his name, causing mixed reactions within the community. The controversy comes amid a community-led effort to raise funds for his investigative work, which has garnered widespread recognition for its effectiveness. ZACHXBT token Blockchain data shows that […]

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Binance, the largest crypto exchange by trading volume, said its users collectively transferred $26 billion in peer-to-peer remittances between 2022 and 2024 — saving $1.75 billion in remittance fees, according to a Jan. 21 statement shared with CryptoSlate. Binance CEO Richard Teng revealed the milestone during the World Economic Forum in Davos, highlighting how Binance […]

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Vitalik Buterin has addressed calls for changes at the Ethereum Foundation, rejecting demands for Executive Director Aya Miyaguchi’s resignation and criticizing pressure campaigns targeting the organization. His comments were in response to tweets from traders and industry players, including CoinMamba, Tetranode, and Evan Van Ness, who argued that appointing Danny Ryan as EF leader would […]

The post Vitalik Buterin defends Ethereum Foundation leader Aya Miyaguchi amid community attack appeared first on CryptoSlate.

London, January 20, 2025 – Wintermute is proud to strengthen its collaboration with TRON DAO, a leader in decentralized blockchain technology. This collaboration seeks to enhance liquidity and trading efficiency within the TRON ecosystem by leveraging Wintermute’s expertise in providing liquidity for TRX, the native utility token of the TRON blockchain. By supporting major TRX […]

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Rumble, a Tether-backed video-sharing platform, has made its first Bitcoin acquisition two months after adopting the top crypto as a strategic reserve asset. On Jan. 20, Rumble CEO Chris Pavlovski announced that the company had purchased Bitcoin on Friday, Jan. 17. According to him: “On Friday, Rumble made its first-ever purchase of Bitcoin. It won’t […]

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On-chain data shows that the Ethereum Foundation (EF) has sold 100 ETH for $336,475. On Jan. 20, blockchain analytical firm SpotOnChain reported that this marks the foundation’s second sale of Ethereum in 2025, bringing its total sales to 200 ETH (valued at $672,000). These transactions have reignited discussions within the Ethereum community about the foundation’s […]

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Solana-based Helium Network is gearing up to contest a lawsuit filed against it by the US Securities and Exchange Commission (SEC). On Jan. 17, the SEC announced legal action against Nova Labs, the company behind the Helium Network. The regulator claims Nova Labs violated securities laws by offering unregistered securities through its products and services. […]

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