danaa2lim

@danaa2lim

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Following a significant sell-off, the memecoin market will likely see consolidation into the major memecoins while “others slowly fade out of relevance,” Singh predicted.

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Singh also pointed to increased involvement from celebrities and social media influencers, who have been accused of using their influence to pump tokens before selling for profit:

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All things considered, “I think two years is kind of a win,” said Bhaidani, one of the founders of crypto marketing firm SCRIB3.

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“You're working with the Bahamas, FTX is multinational… and then obviously the US and a lot of money from US investors, so candidly, I thought it would take longer,” Bhaidani said.

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Founded in 1957, Metro has emerged as an iconic brand in Asia, operating in key market regions of the People’s Republic of China and Indonesia.

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The SEC softened its stance on cryptocurrency after US President Donald Trump started his second term.

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Issuers are also waiting on SEC approval for proposed changes to existing ETFs, including allowances for staking, options and in-kind redemptions.

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Today in crypto, FTX is set to begin repaying $1.2 billion to creditors, marking a key step in the exchange’s bankruptcy proceedings, Argentine President Javier Milei made his first public statement since the disastrous Libra memecoin launch to deny any wrongdoing on his part, and the ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.

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The report highlighted that some lawmakers in Texas have questioned the role of BTC mining as an alternative to gas peaker plants, even as ERCOT and peer-reviewed studies confirm its positive impact on grid stability.

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Despite the advantages of BTC mining, the industry faces resistance from corporate and political entities, such as lobbying by Berkshire Hathaway Energy, according to the DARI report.

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@gillidar1 The environmental implications for this flexibility enable electrical grids to incorporate more renewable energy sources like wind and solar power, which can go underutilized due to their intermittency in energy production.

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Before the bill is signed into law, it must go through three readings, which comprise a series of debates, examinations and potential amendments. When the bill passes the third reading, it will be forwarded to the region’s chief executive, who can sign it into law.

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On Dec. 6, the Hong Kong government published the bill in the special administrative region’s Gazette, moving it closer to becoming law. On Dec. 18, the bill was forwarded to the Legislative Council of Hong Kong for its first reading.

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Hong Kong’s proposed Stablecoins Bill has entered the Legislative Council, moving the region closer to forming a comprehensive regulatory regime for stablecoins.

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The increase in the frequency of attacks that yielded higher profits to the tune of $50-100 million suggests that the DPRK has improved its hacking methods, allowing it to conduct more lucrative exploits.

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And in a worrying sign for 2025, sophisticated attacks by North Korean agents are increasing despite an overall decrease in the total number of attacks, wrote Chainalysis:

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The $1.34 billion represents over 61% of the total crypto value stolen during 2024 and more than 20% of the total hacking incidents.

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During 2024, North Korean hackers stole over $1.34 billion worth of digital assets across 47 incidents, marking a 102% increase from the $660 million stolen in 2023, according to Chainalysis data.

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North Korea-affiliated hackers have become a major threat to the security of the crypto space.

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The sanctions came after another big year for crypto hackers, who stole $2.3 billion worth of crypto in 2024, a 40% increase over the value stolen in 2023.

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