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The American company BioNexus Gene Lab Corp will start purchasing Ethereum for its reserves.
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Cryptocurrency exchange BitMEX is looking for a buyer and has engaged investment bank Broadhaven Capital Partners to facilitate the sale. Co-founded in 2014 by Arthur Hayes and others, BitMEX later faced charges for failing to implement effective anti-money laundering measures. Hayes resigned as CEO after criminal charges were filed against him in the U.S.
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Bybit extended its appreciation to Lily Liu, Chairman of the Solana Foundation, and the Pumpfun team for their quick response in blocking and eliminating a Solana-based token, whose creator might be linked to hacker groups, thereby safeguarding the cryptocurrency ecosystem.
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On February 16, Solana DEX trading volume dropped to $2.517 billion, marking a continued decline and the lowest level since mid-December. Over the past week, Raydium's trading volume fell by 39.16%, and Orca decreased by 41.42%, while Meteora saw an 18.65% increase.
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Uniswap Labs has launched the Unichain mainnet, a Layer 2 network, enabling users and developers to build and utilize the DeFi application and tool ecosystem on Unichain. Nearly 100 cryptocurrency protocols, including Uniswap, Circle, Coinbase, Lido, and Morpho, have confirmed their participation in the network.
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The BNB Chain community has introduced a proposal to combat malicious MEV, urging users to report MEV attackers, avoid unsafe RPCs that expose transactions, utilize wallets with MEV protection, vote out validators who tolerate such practices, and upgrade the memory pool in 2025 to prevent frontrunning.
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Bybit CEO Ben announced that in 2025, the company plans to significantly expand on-chain assets, upgrade its wallets and infrastructure, and strengthen integration with emerging ecosystems such as Atom, Ada, Babylon, Athena, Sei, Monad, and Bera. Bybit is also focused on optimizing trading tools and enhancing market liquidity.
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French investigators announced on Tuesday that they have launched a judicial probe into Binance, focusing on allegations of money laundering, tax fraud, drug trafficking, and other related charges. Binance representatives have not yet responded to requests for comment.
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BTC BTC >103k
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The CEO of JPMorgan has reiterated his criticism of BTC, arguing that it lacks intrinsic value and is frequently misused by unscrupulous individuals. He likened Bitcoin to smoking, suggesting that although people might have the right to engage in it, that doesn't necessarily make it a wise choice.
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The ScaleBit BitsLab security team discovered a vulnerability in the Uniswap iOS wallet: anyone with access to an unlocked device can obtain the wallet's seed phrase without authentication.
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Story Protocol launched the Story Foundation website. This usually indicates a potential upcoming airdrop.
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EtherFi is launching the Liquid Bera Vault on Berachain.
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https://www.stack.so/api/frames/71f28667-ed39-4a7e-9157-9890e53fd3c5
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Several institutions are making progress toward the approval of Solana spot ETFs, with the U.S. SEC now reviewing related S-1 applications. Form 19b-4 submissions, a crucial step in the approval process, are expected in the coming days. Among the applicants are VanEck, 21Shares, and Canary Funds, with Bitwise also planning to file its own application.
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The government of Bhutan is selling BTC — in the last hour, 929 BTC ($66,000,000) was transferred from their wallets to Binance. Bhutan’s balance holds 12,456 BTC ($887 million).
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The Avalanche Foundation announced via Twitter that it has reached an agreement to repurchase all AVAX tokens previously sold to the Luna Foundation Guard (LFG) before April 2022. The transaction is currently pending approval from the bankruptcy court. A total of 1.97 million AVAX tokens will be returned to the Avalanche Foundation for holding.
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The court has approved FTX's bankruptcy plan, and debt repayments to creditors will begin soon.
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The SEC has postponed its decision on the launch of Ethereum ETF options by BlackRock until November 10.
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Compass Coffee, an American coffee company, has successfully completed an international purchase of Salvadoran coffee using Bitcoin. This deal followed discussions held between the Salvadoran Ministry of Foreign Affairs and Compass Coffee in 2022. In addition, Compass Coffee will enable buyers to tip producers directly via their Bitcoin wallets.
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