Bigbear

@khersali

1797 Following

480 Followers

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Donald Trump's family is reportedly looking to acquire a stake in Binance US. One option under consideration is structuring the deal through World Liberty Financial. + "A pardon for CZ could not only facilitate Binance's return to the US but also help the exchange secure a license in the EU."

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The total market capitalization of stablecoins has reached $227.4 billion.

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Joining the waitlist for @intori 👀

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Nate Geraci, president of The ETF Store, revealed that Franklin Templeton, a global asset manager with over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. Coinbase Custody Trust Company will act as the custodian for the fund's XRP holdings.

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The OCC has allowed U.S. banks to conduct cryptocurrency operations. Federal banks now have the right to custody cryptocurrencies, work with stablecoins, and act as blockchain network validators without prior approval from regulators.

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SBF was placed in solitary confinement for giving an interview without the administration's approval.

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Regulators have decided to close the federal investigation into Uniswap Labs. Sources indicate that the SEC has concluded its probe and will not pursue further enforcement actions. The investigation, which began in April 2024, examined whether Uniswap functioned as an unregistered securities exchange and whether its UNI token constituted an illegal securities offering.

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I just registered for @ampsfun

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Bybit CEO Ben announced that the exchange has fully covered the ETH shortfall. A newly audited Proof of Reserves report will be released soon, demonstrating that Bybit is once again maintaining a 100% 1:1 backing of client assets through a Merkle tree. On-chain data indicates that Bybit has acquired over 400,000 ETH through OTC purchases and loans.

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Arthur Hayes, co-founder of BitMEX and a major ETH holder, urged Ethereum co-founder Vitalik Buterin to roll back the network to assist the hacked exchange Bybit.

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Trump and David Sacks will hold a press conference tomorrow to discuss how the Trump administration and Congress will work together to secure America's leadership in the digital asset ecosystem.

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MicroStrategy might be required to pay federal income tax on its unrealized Bitcoin gains due to the 15% "Corporate Alternative Minimum Tax" (CAMT), which is calculated based on adjusted GAAP earnings. Notably, crypto assets are not exempt under this framework. The company is currently in negotiations with the U.S. Internal Revenue Service (IRS) to seek exemptions. If implemented, the tax would take effect starting in 2026.

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The founder of Silk Road has been released after being pardoned by President Donald Trump. Ulbricht, the creator of the darknet marketplace Silk Road, was sentenced to life imprisonment in 2015.

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On January 17, 2025, the U.S. SEC initiated legal action against Nova Labs, Inc., accusing the company of offering unregistered crypto asset securities and committing investor fraud. The SEC is pursuing a permanent injunction against Nova Labs, as well as the return of illicit earnings, prejudgment interest, and civil fines.

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The Thai Securities and Exchange Commission is deliberating on the approval of a Bitcoin ETF for listing on the local stock exchange. As of now, Thai investors can only invest in overseas Bitcoin ETFs via a fund of funds product introduced by One Asset Management in mid-2024.

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A pastor from Washington, who defrauded more than 1,500 parishioners of $6 million through a fraudulent cryptocurrency scheme, has been charged with 26 counts. Francie Obando Pinillo claimed that the idea to create the Solano Fi platform came to him in a dream. The pastor now faces up to 20 years in prison.

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The Biden administration's CFTC has issued a subpoena to Coinbase concerning the Polymarket case. Coinbase is required to supply information related to specific customers unless it receives a motion to dismiss or other legal documents before the close of business on January 15, 2025.

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Circle CEO Jeremy Allaire revealed that Circle has donated 1M USDC to President Trump's inaugural committee. The donation was made using digital dollars, and Allaire remarked that the committee's acceptance of USDC is viewed as an endorsement of digital currency.

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MARA, one of the largest publicly traded Bitcoin mining firms in the U.S., has lent 7,377 BTC to third parties, amounting to about 16% of its total reserves. These loans are described as "short-term arrangements with well-established third parties." MARA's long-term goal is to generate enough yield from these loans to cover its operating expenses.

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Story Protocol launched the Story Foundation website. This usually indicates a potential upcoming airdrop.

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