Wyoming has taken a significant step toward incorporating Bitcoin into its state funds, introducing a bill titled “State Funds-investment in Bitcoin.” This legislation, which was presented ahead of Donald Trump’s presidential inauguration on January 20, 2025, would allow a portion of the state’s funds to be allocated for Bitcoin investments, making it one of the … Read more
Ethereum developers are setting their sights on a March 2025 launch for the Pectra network upgrade, with key milestones ahead. New client software releases and testnet hard forks are expected in February. The upgrade aims to improve user experience and network efficiency through several Ethereum Improvement Proposals (EIPs). Target launch in March 2025, following … Read more
The Internal Revenue Service (IRS) has announced a new mandatory reporting system for digital asset transactions, set to take effect in 2025. This significant change will require centralized crypto exchanges such as Coinbase, Kraken, and Gemini to report all user buy and sell transactions using a new form, the 1099-DA. Phased Implementation The implementation plan … Read more
Bitget, a leading cryptocurrency exchange, has announced a partnership with Jambo, a leading African mobile communications platform, to fund the launch of a telecom satellite. This ambitious project aims to improve decentralized access to communication and internet services in emerging markets. Jambo plans to raise $5 million through a token sale on Bitget’s LaunchX platform … Read more
In a significant move, PostFinance AG, the Swiss state-owned bank, has announced the launch of Ethereum (ETH) staking services for its customers. This development marks a key step forward in the integration of digital assets into traditional banking services. Earning Passive Income with ETH Staking PostFinance’s new service allows customers to earn passive income by … Read more
Tether, the issuer of the world’s largest stablecoin USDT, has announced the launch of USDT0, a significant milestone in its mission to revolutionize global finance. With over $140 billion in market capitalization, Tether has positioned itself as a cornerstone of the crypto ecosystem, enabling access to financial services for the unbanked and fostering the development … Read more
Freename, a multichain Web3 namespace platform, has joined forces with Etherlink, a Layer-2 blockchain, to introduce a new top-level domain (TLD): “.etherlink.” This collaboration aims to streamline Web3 identity creation, digital asset management, and blockchain domain adoption. Free Domains for Etherlink Users To celebrate the launch, Etherlink users can claim a free “.etherlink” domain for … Read more
Dubai is set to become a global crypto hub with the upcoming launch of a dedicated 17-story “Crypto Tower.” Announced by DMCC and REIT Development, the tower will cater exclusively to blockchain, DeFi, and Web3 businesses. The impressive structure will feature 9 office floors designed for crypto startups, 3 floors dedicated to blockchain incubators, … Read more
Shiba Inu (SHIB), the world’s second-largest memecoin, has been in the news lately due to two key developments: a surge in token burning and the launch of its new reward token, TREAT. SHIB Burn Rate Spikes Over 21 million SHIB tokens were burned in the past 24 hours, signifying a significant increase in token … Read more
New York Department of Financial Services (NYDFS) Superintendent Adrienne Harris has announced the launch of the Transatlantic Regulatory Exchange (TRE), a groundbreaking program designed to foster collaboration and knowledge sharing between financial regulators. The TRE will see senior staff from NYDFS and the Bank of England exchange roles for six months, beginning in February. This … Read more