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Coinbase defends its decision to delist Wrapped Bitcoin (wBTC) due to its connection with Justin Sun, stating that it poses a risk to user security and does not require legal grounds for reversal ⚖️

Coinbase defends the decision to delist Wrapped Bitcoin (wBTC) due to its connection with Justin Sun, the founder of Tron, who is accused of fraud and market manipulation. The exchange confirmed that the decision was made after an internal review considering the risks to users. The court rejected BiT Global's lawsuit, which sought to halt the delisting, noting that the company failed to provide evidence of false statements made by Coinbase. The exchange emphasized that it is not obligated to support tokens that pose a security risk.

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Kraken donated $111,111 in Bitcoin (BTC) to support Ross Ulbricht following his pardon by Trump, and a total of 93 donors have transferred 2.5 BTC to freeross.org, which is equivalent to $261,000 💰

Cryptocurrency exchange Kraken donated $111,111 in Bitcoin to support Ross Ulbricht, the founder of Silk Road, following his pardon by Donald Trump. The donation was sent to the address on the site freeross.org, and to date, 93 donors have transferred 2.5 BTC, equivalent to $261,000. Ulbricht, sentenced to two life terms for non-violent crimes, was pardoned on the first day of Trump's presidency.

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The court in Texas overturned sanctions against the cryptocurrency mixer Tornado Cash, ruled that OFAC’s actions were an overreach, and changed the regulation of privacy technologies ⚖️

The court in Texas overturned sanctions against the cryptocurrency mixer Tornado Cash, which were imposed in 2022 due to accusations of money laundering for the North Korean group Lazarus. The court ruled that the Tornado Cash source code is not the "property" of a foreign state and cannot be blocked. This decision undermines the actions of OFAC, which could change the regulation of privacy technologies in the cryptocurrency space. Despite the cancellation of sanctions, the developer of Tornado Cash, Alexey Percev, remains under arrest.

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Crypto.com is launching its institutional cryptocurrency exchange in the U.S. with support for over 300 cryptocurrencies, ultra-low latency, and low fees for traders and institutional clients 💼

Crypto.com is launching its institutional cryptocurrency exchange in the U.S., offering traders access to high liquidity and ultra-low latency. The platform supports over 300 cryptocurrencies and 480 trading pairs, providing low fees and advanced tools for both active and passive users. Institutional clients can take advantage of instant transfers, customized trading, and exclusive offers through APIs. The exchange ensures a high level of security and regulatory compliance.

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Wingbits raised $5.6 million to create rewarded flight tracking using cryptographically secure ADS-B receivers and a decentralized network ✈️

Startup Wingbits raised $5.6 million to create a flight tracking system with rewards using cryptographically secure ADS-B receivers. This will allow users to collect flight data and earn rewards, unlike the current model where data is collected without compensation. In total, the company raised $9.2 million, receiving support from Borderless Capital and Bullish Capital.

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World Liberty Financial, supported by the Trump family, acquired four Ethereum Name Service domains, including trumpcoin.eth and erictrump.eth, on the eve of Trump's inauguration 💰

On January 19, 2025, World Liberty Financial, a cryptocurrency project supported by the Trump family, acquired four domains in the Ethereum Name Service (ENS), including trumpcoin.eth and erictrump.eth. The purchase took place on the eve of Trump's inauguration. This move may be part of a strategy for active involvement in the cryptocurrency market, especially after the release of the "Official Trump" token. The WLFI portfolio continues to grow, indicating the Trump family's ambitions in the crypto space.

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World Liberty Financial invested $4.7 million in Wrapped Bitcoin and $48 million in Ethereum, increasing its ETH reserves to $109 million and the total volume of assets to $280 million 🚀

World Liberty Financial (WLF) made significant investments in cryptocurrencies, spending $4.7 million on Wrapped Bitcoin and $48 million on purchasing 14,403 Ethereum, which doubled their ETH reserves to 33,630 tokens worth $109 million. In addition to Ethereum and Bitcoin, the company also acquired cryptocurrencies such as Tron, Chainlink, Aave, and Ethena. As a result, the total volume of WLF's crypto assets now exceeds $280 million, reflecting the company's aim to diversify its investments.

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President Donald Trump appointed Caroline Pham as Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), which will oversee the regulation of digital assets 💼

President Donald Trump appointed Caroline Pham as Acting Chair of the Commodity Futures Trading Commission (CFTC). She expressed gratitude for the trust and emphasized the importance of maintaining effective markets. Pham is known for supporting "regulatory sandboxes" to test digital asset companies' products. She has also criticized bans on trading election contracts. Pham was appointed to the CFTC in 2021 and is one of the contenders for the permanent leadership of the agency.

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Gemini is opening a hub in Malta to comply with the new cryptocurrency market regulations in Europe, but it has not yet received a license from the Maltese regulators under the MiCA regulation 💼

Gemini is opening a hub in Malta to comply with the new cryptocurrency market regulations in Europe under the MiCA framework. This move is aimed at meeting the standards that ensure investor protection and market stability. However, the company has not yet obtained a license from the Maltese regulators. MiCA came into effect on December 30, 2024, requiring stablecoin issuers to obtain licenses and maintain mandatory reserves in banks.

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In Rajasthan, "money mules" have been arrested for helping to transfer more than 1 crore rupees (around 115,546 US dollars) into Tether (USDT) for international cybercriminals 🌍

In Rajasthan, cybercriminals used USDT to transfer more than 1 crore rupees (around 115 thousand US dollars) to cryptocurrency exchanges in Dubai and France. Local "money mules" helped convert funds obtained through digital fraud and sent them abroad. For this, bank accounts, cards, mobile phones, and SIM cards obtained from local residents were used. USDT is popular among criminals for its stability and anonymity.

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Donald Trump's memecoin loses 40 percent after the launch of Melania Trump's memecoin $MELANIA, which quickly gained $5 billion in market capitalization 💥📉

Donald Trump's memecoin, which was launched before his inauguration, quickly gained popularity but lost 40 percent of its value after the launch of Melania Trump's memecoin $MELANIA. The new token immediately attracted attention, rising to $5 and reaching a market capitalization of $5 billion. In response to this, the value of $TRUMP quickly fell, losing $7.5 billion in just 10 minutes, which led to mass sell-offs of its tokens and purchases of $MELANIA.

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Cryptocurrency businessman Adam Iza and Los Angeles sheriff's deputy Eric Savedra have pleaded guilty to a conspiracy involving extortion, illegal searches, and violations of civil rights, including stealing over $37 million 🔍

Cryptocurrency businessman Adam Iza and Los Angeles sheriff's deputy Eric Savedra have pleaded guilty to a conspiracy involving extortion, illegal searches, and violations of civil rights. Iza hired Savedra to obtain personal data of his enemies and organize attacks. They used fake warrants and threats to intimidate victims. Iza also stole $37 million by gaining access to Meta accounts. Iza is expected to receive up to 35 years in prison, while Savedra faces up to 13 years.

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