Author: James Wilson

With new EU regulations requiring stablecoin issuers to be authorized starting in 2025, major crypto platforms like Kraken and Crypto.com are developing their own stablecoins to stay compliant and ensure smooth operations. The European Union’s Markets in Crypto-Assets regulation, effective from Jan. 2025, mandates that all stablecoin issuers obtain proper authorization to operate within the EU. This regulation aims to enhance transparency, liquidity, and consumer protection in the crypto market. This shift has led crypto service providers like Kraken and Crypto.com to launch their own stablecoins coins to maintain seamless services, as reported by Bloomberg. Stablecoins are digital assets intended…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FloppyPepe has captured the crypto world’s attention, selling out its private presale in 24 hours and drawing investors into its rapidly growing AI-driven ecosystem. FloppyPepe (FPPE) has set an outstanding benchmark for itself, as its just-concluded private stage presale sold out with a bang, raising close to $1 million in 24 hours. This has built strong investor confidence among crypto enthusiasts and early adopters of the AI gem. As the FloppyPepe second presale stage is heating up, the attractive…

While quantum computing poses a threat to Bitcoin’s security, banks have multiple defenses in place to prevent a widespread collapse, River’s Leishman says. The debate over whether quantum computers could threaten Bitcoin (BTC) is heating up once again, with River CEO Alexander Leishman arguing that Bitcoin is at greater risk than traditional banking systems. https://twitter.com/Leishman/status/1892685481357255036?s=20 In an X post on Feb. 21, Leishman explained that in case with Bitcoin, the security of funds depends entirely on the private key. Once a public key is exposed, a quantum computer could access the funds with ease. “There is no layer of protection…

Story Protocol, launched just over a week ago, joins top 10 AI projects by market cap, surpassing Virtual Protocol. Story Protocol (IP) is currently trading for $5.23, up 55% in the past 24 hours and 186% in the past week, with a market cap of over $1.2 billion. This makes it one of the top 10 AI projects by market cap, surpassing Virtual Protocol, according to CoinGecko.  Source: Top Artificial Intelligence (AI) Coins by Market Cap The price surge comes after the platform shared more details about its technical roadmap on Thursday. According to the roadmap, the network plans to…

Several gaming companies with over $1 billion in valuation are now actively considering token launches, according to Immutable co-founder Robbie Ferguson. In a Feb. 21 post published on his X account, Ferguson revealed that he has had multiple conversations with gaming firms valued at over $1 billion that are open to the idea of launching tokens. Ferguson emphasized that these companies, including publicly traded ones, would not have even considered discussions about tokens a year ago. He believes 2025 is accelerating years of development into a much shorter timeframe, signaling a potential shift in the adoption of blockchain gaming assets.…

Thomas Smith, the chief technology officer of the now-defunct cryptocurrency firm SafeMoon, has pleaded guilty to securities fraud conspiracy and wire fraud conspiracy in connection with a multimillion-dollar scheme that allegedly defrauded investors of over $200 million. Per a recent filing with the Brooklyn federal court, Smith admitted to misleading investors about the status of SafeMoon’s liquidity pool, falsely claiming it was locked and inaccessible. Prosecutors allege he, along with CEO Braden John Karony and creator Kyle Nagy, diverted client funds for personal use, thereby engaging in securities fraud and wire fraud. In his recent court appearance before Magistrate Judge…

JTO, the native token of Jito, has spiked 30% since Upbit announced it will be listing the Solana-based coin on Feb. 21 at 14:30 KST. According to a recent notice, Upbit will be adding trading support for the Jito native token starting from Feb. 21 at 14:30 KST. The token will be available for trading on the Korean won market. Shortly after Upbit announced its listing the Jito (JTO) native token spiked as high as 28%, reaching a price of $3.49 according to data from crypto.news. At press time, the token is trading hands at $3.17, having gone down by…

The Governing Council of the European Central Bank has taken a step to advance its initiative to settle transactions recorded on distributed ledger technology using central bank money. The decision, announced on Feb. 20 in a press release, aims to integrate distributed ledger technology with the existing TARGET Services infrastructure. The ECB’s approach will follow a two-track strategy. The first track focuses on rapidly developing a safe and efficient platform for DLT-based settlements while ensuring interoperability with TARGET Services. The second track will explore a long-term integrated solution for settling distributed ledger technology-based transactions in central bank money, including foreign…

U.S. spot Bitcoin ETFs have experienced three consecutive days of net outflows, losing nearly $500 million over this period leading up to Feb. 20. The three day outflows started with $61.4 million on Feb. 18, followed by $71.07 million on Feb. 19. However, on Feb. 20, net outflows surged to $364.93 million, according to data from SoSoValue. This marks the most significant single-day decline in the three days. BlackRock’s IBIT experienced the largest single-day withdrawal, losing $112.05 million. The next biggest outflows were $98.3 million from ARK Invest’s ARKB and $89.24 million from Fidelity’s FBTC. With $33.5 million in outflows,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu dips to $0.00001514, but traders target $0.000078 by summer, while Panshibi sparks meme coin speculation. The Shiba Inu price sits around $0.00001514, down about 3% in the last 24 hours, yet traders eye a bold target of $0.000078 by summer. Amid this speculation, the meme coin sector’s market cap soared from $20 billion to $120 billion in 2024, leading authorities like Dubai’s VARA to warn about exaggerated claims and risks.  Meanwhile, a new panda-themed entrant named Panshibi…