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Karim

@skkarim2244

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Karim
@skkarim2244
Aptos research director Alexander Spiegelman criticized Monad for plagiarizing Aptos' open source code. Monad co-founder James Hunsaker responded that BlockSTM is a simple extension of these things and has never seen any Aptos code. In 2024, Monad completed a $225 million financing led by Paradigm with a valuation of $3 billion.
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Karim
@skkarim2244
President Donald Trump said during a conference on Wednesday in Miami: We want to stay at the forefront of everything, and one of them is crypto; Bitcoin set multiple all-time record highs because everyone knows that I'm committed to making America the crypto capital and ending Joe Biden's war on bitcoin and crypto.
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Karim
@skkarim2244
Hyperliquid announced that its HyperEVM mainnet is officially launched. HYPE is the native gas token of HyperEVM. Hyperliquid also launched a mainnet bug bounty program and provided real-time block data streams to lower the threshold for running nodes. ERC20 asset native transfer and precompilation functions will be opened in subsequent network upgrades
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Karim
@skkarim2244
Vitalik published an article stating that despite the prevalence of L2 in the Ethereum landscape, scaling L1 gas by approximately 10x holds significant long - term value, justifying short - term L1 scaling in the next 1 - 2 years. It elaborates through multiple use - cases: censorship resistance on L2 is enhanced with a more scalable L1; cross - L2 asset transfers, L2 mass exits, issuing ERC20s on L1, keystore wallet operations, and L2 proof submission all require L1 capacity increases to ensure smooth operation, cost-effectiveness, and security.
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Karim
@skkarim2244
The BNB Chain community today launched a proposal to counter malicious MEV, calling on the community to actively report MEV attackers, avoid using unsafe RPCs that expose transactions, use wallets with MEV protection functions, vote out validators who condone such behavior, and upgrade the memory pool in 2025 to prevent transactions from running ahead.
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Karim
@skkarim2244
Jihan Wu's Bitcoin mining company Bitdeer has purchased 19 acres of land near Fox Creek in Alberta, Canada for $21.7 million and obtained a 101 megawatt (MW) site permit, planning to build a natural gas power plant and a 99 MW Bitcoin mining data center. The power plant construction will cost an additional $90 million, and the data center is expected to invest $30 million.
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Karim
@skkarim2244
QCP: Yesterday's conference by Crypto Czar David Sacks disappointed the broader market. The delay in tariffs against Mexico and Canada has provided some relief to crypto markets. However, the U.S.-China tariff war remains front and center. We remain cautious about negative geopolitical shocks from U.S.-China tensions, particularly amid global market uncertainty.
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Karim
@skkarim2244
Sei Foundation launches $65 million venture fund "Sapien Capital — Open Science Fund I", focusing on the field of decentralized science (DeSci) and investing in startups built natively on the Sei blockchain. The fund does not provide grants, but rather makes equity or token investments of $100,000 to $2 million.
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Karim
@skkarim2244
KuCoin cryptocurrency exchange has reached a settlement with the U.S. Department of Justice (DOJ). At the same time, KuCoin's founders Chun Gan and Ke Tang also reached a settlement agreement with the U.S. Department of Justice (DOJ). According to the agreement, the Justice Department agreed to drop all charges against the two founders after they meet certain conditions. As part of the settlement agreement, Michael announced that he would withdraw from all positions related to KuCoin and its affiliates.
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Karim
@skkarim2244
Brian Armstrong, CEO of Coinbase, said that since about 1 million new tokens are created every week, the traditional listing process of reviewing each one is no longer sustainable. He proposed to switch from "allowed list" to "blocked list" to help users screen high-quality tokens through user reviews and automatic scanning of on-chain data. In addition, he also emphasized that the integration of DEX and CEX will continue to deepen, and users will not need to pay attention to which platform the transaction takes place on in the future, thereby improving the overall trading experience.
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Karim
@skkarim2244
BNB announced the winning projects of the fourth quarter of 2024 hackathon: the first place is the blockchain-based salary platform Paynova; the second place includes the DeFi project Outrun and the AI agent launchpad AgentArcade; the third place is the music competition platform Rhythm Malural, the Telegram robot Star Bridge, and the blockchain QA platform DoubtEarn.
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Karim
@skkarim2244
YZi Labs rebrands from Binance Labs to reflect its independence, while expanding its investment focus to include Web3, AI, and biotech. CZ takes an active role in investment activities, offering direct mentorship and coaching to founders; while Ella Zhang returns as Head of YZi Labs.
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Karim
@skkarim2244
The Wealth Truth Behind the TRUMP Token Author | Frank, PANews This article examines the top 1,000 holders. Whales had an average buy - in of $591,000, with nearly 40% buying in below $15. The most powerful address invested $1.09 million within a minute. Success with TRUMP relied more on speed and capital. It has become a whales' arena rather than a retail investors' jackpot.
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Karim
@skkarim2244
Trump responded to the TRUMP token for the first time during a meeting with SoftBank CEO, Sam Altman and others. Trump said: I don't know much about it other than I launched it, I heard it was very successful. I haven't checked. When a reporter said TRUMP has generated several billion dollars in the past few days, the president quipped, "several billion? That's peanuts for these guys".
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Karim
@skkarim2244
The South Korean government has issued a suspension notice to Upbit, the largest cryptocurrency exchange in the country, for allegedly violating anti-money laundering obligations related to KYC. Upbit may face a suspension of up to 6 months, during which new customer registrations will be restricted, but existing user transactions will not be affected. The final decision will be made on the 21st.
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Karim
@skkarim2244
Foresight Ventures Twitter/X has been hacked and is posting fake AI cryptocurrency information. Earlier, Litecoin's official Twitter account was hacked, and the hacker posted information on the account, promoting fake Litecoin tokens based on the Solana, with scam links. Aiccelerate DAO's X account is suspected to have been frozen today, and the relevant content is currently inaccessible
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Karim
@skkarim2244
North Dakota in the United States has become the latest state to consider including Bitcoin in its asset allocation. The state legislature proposed Resolution 3001 on Friday. New Hampshire, Florida, Texas and others are also promoting similar plans.
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Karim
@skkarim2244
Aleš Michl, the governor of the Czech National Bank, said that they are considering buying a small amount of Bitcoin as a diversification strategy for foreign exchange reserves. The decision needs to be approved by the seven members of the CNB Board of Directors. In addition, it is planned to increase the proportion of gold reserves to total assets to 5% by 2028.
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Karim
@skkarim2244
Hong Kong Approves Spot ETFs for Bitcoin and Ethereum; Over 30% of South Korea’s Population Invests in Cryptocurrency, with Trading Volume Surpassing the Stock Market; Singapore’s Central Bank Grants Digital Token Service Licenses to Around 30 Payment Companies; Russian President Putin Signs Digital Currency Taxation Law; Thailand Launches a Crypto Regulatory Sandbox to Support Cryptocurrency Development.
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Karim
@skkarim2244
Nate Geraci, president of The ETF Store, said that Volatility Shares has submitted an application to the U.S. SEC for an exchange-traded open-end index fund (ETF) based on Solana futures, covering 1x, 2x and -1x leverage exposure. Solana futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission.
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