jennyliver2298

@jennyliver2298

199 Following

88 Followers

jennyliver2298 pfp

@jennyliver2298

The price of Bitcoin surged by more than 6% in minutes to a new high ahead of Donald Trump’s inauguration as president of the United States.

0 reply

0 recast

0 reaction

jennyliver2298 pfp

@jennyliver2298

Trump appointed billionaire Musk in November to head the Department of Government Efficiency (DOGE), an agency aimed at cutting government spending and streamlining regulations.

0 reply

0 recast

0 reaction

jennyliver2298 pfp

@jennyliver2298

The Elon Musk-led agency championing more governmental efficiency is set to be hit by a lawsuit just minutes after US President-elect Donald Trump takes office.

0 reply

0 recast

0 reaction

jennyliver2298 pfp

@jennyliver2298

Binance Labs has invested an undisclosed amount in Thena, a decentralized exchange (DEX) and liquidity protocol on the BNB Chain. Launched in January 2023, THENA offers spot and leverage trading with up to 60x leverage, utilizing the “ve(3,3)” tokenomics model to manage liquidity and reward participants. The model incentivizes long-term participation by allowing users to lock tokens in exchange for governance rights and rewards.

0 reply

8 recasts

20 reactions

jennyliver2298 pfp

@jennyliver2298

The platform serves institutional clients and seeks to become a go-to solution for both large market makers and retail participants in the crypto credit market. Its technology stack includes cryptographic tools and zero-knowledge proofs.

0 reply

5 recasts

16 reactions

jennyliver2298 pfp

@jennyliver2298

The platform, which is said to have facilitated $2 million in Bitcoin loans, offers a privacy-focused data solution for borrowers and lenders. It enables users to share real-time, verified data about assets, liabilities, and trading exposure while maintaining control over information sharing.

0 reply

1 recast

16 reactions

jennyliver2298 pfp

@jennyliver2298

Crypto data startup Accountable has raised $2.3 million in seed funding, led by MitonC and Zee Prime Capital, with additional support from angel investors Darius Rugys and DCBuilder.

0 reply

1 recast

13 reactions

jennyliver2298 pfp

@jennyliver2298

The EFCC said the suspects would contact victims over social media to seduce them or offer bogus crypto investment schemes and then pressure them to transfer money — a type of scam known as pig butchering.

0 reply

1 recast

14 reactions

jennyliver2298 pfp

@jennyliver2298

“Once the Nigerians are able to win the confidence of would-be victims, the foreigners would take over the actual task of defrauding the victims,” they added.

0 reply

1 recast

12 reactions

jennyliver2298 pfp

@jennyliver2298

"Nigerian accomplices were recruited by the foreign kingpins to prospect for victims online through phishing, targeting mostly Americans, Canadians, Mexicans and several others from European countries," the EFCC spokesperson said.

0 reply

1 recast

13 reactions

jennyliver2298 pfp

@jennyliver2298

The suspects, arrested on Dec. 10 in Lagos, included 148 Chinese and 40 Filipino nationals, an Economic and Financial Crimes Commission (EFCC) spokesperson told Reuters on Dec. 16.

0 reply

1 recast

13 reactions

jennyliver2298 pfp

@jennyliver2298

Nigeria’s anti-corruption agency arrested 792 people in a raid on a building in the country’s largest city that it suspects was a hub for a massive crypto romance scam operation.

0 reply

1 recast

13 reactions

jennyliver2298 pfp

@jennyliver2298

The combined capitalization of USDT and USDC might double or even triple, with the overall market size expected to grow. Localized stablecoins will play an increasing role as well, which could challenge the dollar’s dominance and diversify the market.

0 reply

1 recast

15 reactions

jennyliver2298 pfp

@jennyliver2298

2025 will see the beginning of mass adoption. The market was previously dominated by semi-professional players, but with the arrival of MiCA in Europe and President-elect Donald Trump in the United States, more new players will come. The market is also expecting new, friendlier laws on cryptocurrencies.

0 reply

2 recasts

10 reactions

jennyliver2298 pfp

@jennyliver2298

More explicit regulations, new entrants and broader adoption will transition stablecoins from niche financial tool to mainstream asset class. Stablecoins will offer faster, cheaper and more inclusive financial services and be integrated with traditional finance.

0 reply

2 recasts

10 reactions

jennyliver2298 pfp

@jennyliver2298

The overall trajectory of stablecoins is promising. In 2025, the stablecoin market will not just grow — it will mature.

0 reply

1 recast

9 reactions

jennyliver2298 pfp

@jennyliver2298

Local stablecoins will be integrated into local banking systems as they gain traction as countries increasingly look to digitize their economies.

0 reply

1 recast

7 reactions

jennyliver2298 pfp

@jennyliver2298

On the same podcast, Atkins also came out in support of Commissioner Peirce’s Token Safe Harbor Act — a bill that was re-introduced in 2021 — that would give crypto developers a grace period before they’re legally required to register with the SEC.

0 reply

2 recasts

11 reactions

jennyliver2298 pfp

@jennyliver2298

“If the agency had been more accommodating and would deal straightforwardly with these various firms, I think it would be a lot better to have things happen here in the United States rather than outside,” Atkins said, citing the $4.3 billion fine that Binance was forced to pay as a reason why many crypto firms choose to remain outside the US.

0 reply

1 recast

9 reactions

jennyliver2298 pfp

@jennyliver2298

Speaking on the Free The People podcast on Feb. 23 last year, Atkins said that if the SEC had been less combative, there would’ve been more opportunity for industry growth in the US.

0 reply

1 recast

8 reactions