Editor's Choice
Dell shares rose by 4 percent after reports of a deal with xAI of Elon Musk to purchase $5 billion worth of AI servers with delivery in 2025
Dell shares increased by 4 percent after Bloomberg reported a potential deal with xAI of Elon Musk to purchase $5 billion worth of AI servers. It is expected that servers with Nvidia GB200 graphics processors will be delivered later this year. Dell also stated that demand for AI servers in the third quarter amounted to $3.6 billion. In response to the growing interest in AI technologies, the company's total revenue in the last quarter increased by 10 percent, reaching $24.37 billion.
Bitget obtains a VASP license from Bulgaria, expanding its cryptocurrency services in the EU and enhancing compliance with international regulations for user security
Bitget, a leading cryptocurrency exchange, has obtained a VASP license from the National Revenue Agency of Bulgaria, which allows it to officially provide a wide range of services in the country. These services include cryptocurrency exchange, trading, transfers, and asset custody. The license is part of the company's strategy for expansion in the European Union, with a focus on complying with regulatory standards such as MiCA. Bitget is actively working to ensure compliance with international security requirements and user data protection, which strengthens trust and enhances its reputation in the cryptocurrency market.
Tether is actively collaborating with U.S. lawmakers to shape new regulations for stablecoins, including requirements for reserves and monthly audits
Tether is actively working with U.S. lawmakers to shape new regulations for stablecoins. The company's CEO, Paolo Ardoino, emphasized that the company aims to be heard during the discussions of bills like the STABLE Act, which requires stablecoin issuers to hold reserves only in high-quality liquid assets. If the new rules are adopted, Tether will be required to conduct monthly audits and maintain reserves at a 1:1 ratio with approved assets.
West Virginia has proposed a bill for investment in digital assets, including Bitcoin, to create reserves and protect against inflation and budget deficits
On February 14, 2025, West Virginia State Senator Chris Rose introduced the "Inflation Protection Act of 2025," which allows up to 10 percent of the state treasury funds to be invested in digital assets such as Bitcoin. To qualify, the asset must have a market capitalization of over $750 billion. Currently, only Bitcoin meets these requirements. The bill aims to create reserves to protect the state budget from inflation and deficits caused by government spending. This is part of a broader initiative in other U.S. states to use digital assets to strengthen financial resilience.
The SEC is discussing cryptocurrency regulation with industry leaders, including Blockchain Association and Nasdaq, covering topics such as staking and standards for ETP and cryptocurrency exchanges
Bybit removed from AMF blacklist after two years of cooperation with French regulators, the company aims to obtain a MiCA license for operations in the EU despite challenges in other countries
Tether, the leading issuer of stablecoins, acquires a minority stake in the Juventus football club: the club's stock rose by 2.5 percent, and the fan token skyrocketed by 200 percent after the announcement of the deal
The President of the United States, Donald Trump, signed a decree on reciprocal tariffs on goods with partners to reduce costs and stimulate the growth of the U.S. economy
A federal court suspends the SEC's lawsuit against Binance for 60 days to develop a regulatory framework for digital assets, following a joint motion from the parties
Estonian co-founders of the crypto scheme Hashflare pleaded guilty to fraud amounting to 577 million dollars, agreeing to return more than 400 million for compensation to investors
The FBI has prevented cryptocurrency frauds worth $285 million as part of Operation "Level Up," helping over 4,300 victims avoid losses since January 2024
Elon Musk will audit NASA through the DOGE department, which raises concerns about conflicts of interest and the impact on contracts, including the Artemis program and SLS
South Korea will allow charitable organizations, universities, and cryptocurrency exchanges to sell cryptocurrency in 2025 amid rising institutional demand
South Korea will allow charitable organizations, universities, and cryptocurrency exchanges to sell cryptocurrency in the first half of 2025. The Financial Services Commission (FSC) stated that this decision is based on the growing demand for institutional cryptocurrency trading. Starting from April, institutions will be able to sell crypto assets received as donations or commissions to cover operating expenses. FSC is also planning a pilot project for 3,500 companies and professional investors.
Explosion due to illegal Bitcoin mining in Malaysia: electricity theft losses amount to $763 million since 2018, authorities strengthen measures against violations
A blast occurred in Malaysia due to an illegal Bitcoin mining operation connected to an illegal power grid hookup. As a result of the incident, nine mining rigs and other equipment were seized. This situation highlights the growing problem of illegal crypto mining, which has caused damage amounting to more than $763 million since 2018. Malaysian authorities are tightening measures against illegal electricity usage and applying new technologies to detect such violations in order to protect the country’s power grid.
Texas has proposed a bill to create a Strategic Bitcoin Reserve, which will allow investment in cryptocurrencies to strengthen the state's financial security
The SB 21 bill in Texas, proposed by Senator Charles Schwertner, aims to create a Strategic Bitcoin Reserve. It will allow the state to invest in Bitcoin and other cryptocurrencies with a market capitalization of more than 500 billion dollars. The goal is to enhance financial security and economic stability in the region. The bill provides the ability to manage cryptocurrency assets and use them as a strategic resource. This initiative is supported by Texas authorities as a priority, emphasizing its significance for the state's future financial development.
Elon Musk changes his name to "Harry Bōlz" on X, causing the HARRYBOLZ meme token to rise by 127 percent and increasing its market capitalization to 17.35 million dollars
Elon Musk once again influenced the cryptocurrency market by changing his name on the X social network to "Harry Bōlz". This move caused a sharp rise in the price of the meme token HARRYBOLZ, which grew by 127 percent, reaching a market capitalization of 17.35 million dollars. The token, built on the Solana blockchain, was relatively unnoticed before this change, but its price significantly increased afterward. This is not the first time Musk's actions have triggered turmoil in the crypto market. Previously, his name change to "Kekius Maximus" caused a similar rise in another meme coin. It is important to note that such changes can be temporary, highlighting the risks associated with investing in meme tokens.
Best news of the last 10 days
WazirX has offered victims of the July hacker attack to return 85 percent of the value of assets if creditors approve the redistribution plan by February 19, 2025
Zaks Witkoff's account was hacked to promote a fake meme coin related to Barron Trump, but World Liberty Financial quickly warned about the fraud
Donald Trump nominated Jonathan Gould for the position of head of the Office of the Comptroller of the Currency to strengthen access for cryptocurrency companies to financial services
Franklin Templeton launches the US Government Money Fund (FOBXX) on the Solana blockchain with assets of $512 million and a yield of 4.2 percent for institutional investors
Bitpanda has received approval from the FCA to provide over 500 cryptocurrencies, staking services, and savings plans to UK investors, expanding its presence
Bitpanda, the Austrian cryptocurrency platform, has received approval from the UK Financial Conduct Authority (FCA). It can now offer UK investors over 500 cryptocurrencies, as well as staking services, savings plans, and crypto indices. The company suspended new user registrations in the UK last year due to changes in FCA's marketing rules but continued serving existing clients. With the approval, Bitpanda is resuming the full provision of its services. The regulatory clarity provided by MiCA is contributing to the expansion of crypto services in Europe and the UK.
Uniswap launches Ethereum-compatible second-layer network Unichain using OP Stack, improving liquidity, revenue, and user experience through network fees
Uniswap Labs has launched its Ethereum-compatible second-layer network, Unichain, after four months of testing. The network is built on Optimism's OP Stack technology and supports the "Superchains" concept to enhance rollups in Web3. Unichain combines liquidity and generates income through network fees, 20 percent of which will be used to support development. In the first stage, Unichain will be a centralized rollup, with plans for decentralization in the future. Upcoming improvements include Flashblocks to accelerate transactions and integration with Transak for easy cryptocurrency purchases and sales.
The USA releases Alexander Vinnik in exchange for American Marc Fogel: the man accused of laundering billions of dollars through the BTC-e exchange returns to Russia 💼💰
The USA will release the Russian Alexander Vinnik as part of a prisoner exchange with Russia, during which American teacher Marc Fogel will return to the USA. Vinnik, arrested in 2017, was accused of laundering billions of dollars through the cryptocurrency exchange BTC-e, which was used for illegal activities, including hacking attacks and drug sales. He pleaded guilty in 2024 and could have faced up to 20 years in prison. U.S. authorities are actively negotiating with other countries about the fate of prisoners, including Belarus, where several individuals have recently been released, including one American.
The President of the Central African Republic (CAR), Touadéra, launches the meme coin $CAR to draw attention to the country, but the coin’s value falls by 90 percent in the first few days 📉
The President of the Central African Republic (CAR), Faustin-Archange Touadéra, launched the meme coin $CAR, trying to draw attention to one of the poorest countries in the world. The idea was presented as an "experiment" to support national development, but just a few days later, the coin's value fell by 90 percent. Previously, CAR became the second country to adopt Bitcoin as legal tender, but the Sango project, aimed at attracting investors, was unsuccessful. Touadéra hopes that the funds from the meme coin will help rebuild destroyed schools and improve the future for the country's youth.