Author: James Wilson

Phantom, the non-custodial multi-chain crypto wallet most popular on Solana, experienced a brief service disruption on Feb. 12, according to an update posted on X by the Phantom team. The Phantom team acknowledged the temporary outage and asked the community for patience as developers worked on a fix. However, the issue was quickly resolved, and the team provided an update confirming that all services were back online. “All services are back up. We apologize for the downtime.We understand how important it is to access your assets and are taking steps to prevent future outages,” Phantom wrote. While the team appears…

The State of Wyoming could expand its pro-Bitcoin agenda while local authorities assess stablecoin issuance and reserve laws. The Wyoming Highway Patrol Association has adopted the “Get Off Zero” initiative by Proof of Workforce, a nonprofit entity focused on Bitcoin (BTC) education and adoption for workers, unions, pensions, and municipalities. By onboarding the program, the association could become the first state law enforcement labor union to hold BTC on its balance sheet. While it remains unclear how much Bitcoin the Wyoming Highway Patrol Association may accumulate, the decision signals growing crypto interest within the state. In January, Wyoming lawmakers introduced…

Hester Peirce is on a mission to clean up the SEC’s crypto mess. But as her task force takes action, legal experts warn the real fight will be in the courts. A new era of crypto regulations For years, the crypto industry has operated in a regulatory fog, where rules felt like shifting targets rather than clear guidelines.  Under former Chair Gary Gensler, the U.S. Securities and Exchange Commission became notorious for its aggressive enforcement — filing lawsuits, shutting down projects, and cracking down on companies in what critics called “regulation by enforcement.” But on Jan. 21, that era took…

Ethena just unlocked nearly 8 million tokens, but surprisingly, the unlock event had little impact on the price.On Feb. 12, Ethena (ETH) unlocked 7.93 million tokens, accounting for 0.25% of its total supply, with 65.66% of the supply still remaining locked. Surprisingly, the unlock event did not exert downward pressure on the token as it was still trading at the same level before the unlock. However, Ethena price is still trading in the bearish territory, down by 10% over the last 24 hours, according to CoinGecko. Ethena’s gradual unlocking strategy aligns with the project’s aim of maintaining stability for the…

The United States has agreed to release Russian national Alexander Vinnik, a suspected cybercrime figure, as part of a prisoner exchange that secured the freedom of American teacher Marc Fogel.  Vinnik, 44, operated BTC-e, once one of the world’s largest cryptocurrency exchanges. He was arrested in Greece in 2017 at Washington’s request on suspicion of laundering $4 billion through the platform, according to Reuters  In May 2024, Vinnik pleaded guilty to conspiracy to commit money laundering and faced up to 20 years in prison. Marc Fogel, a history teacher from Pennsylvania, was detained in Russia in August 2021 for attempting…

The U.S. Securities and Exchange Commission is expected to acknowledge Grayscale Investments’ application to convert its XRP Trust into a spot exchange-traded fund as early as Thursday, Feb. 13. This expectation stems from the SEC’s typical 15-day window to respond to a 19b-4 filing, which Grayscale submitted on Jan. 30, according to Eleanor Terrett. Grayscale’s initiative aims to transform its existing XRP Trust, which currently manages approximately $16.1 million in assets, into an ETF listed on the New York Stock Exchange. The move would allow investors to trade shares of the fund, providing exposure to XRP (XRP) without the complexities…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI and other altcoins gain investor attention as a market reversal approaches. The cryptocurrency market has been facing a period of volatility, with red candles dominating the charts. However, experienced investors know that downturns often present the best buying opportunities. A market reversal could be on the horizon, and when the momentum shifts, certain altcoins are poised for significant gains. While many traders focus on well-established tokens, a handful of emerging projects are gaining attention for their potential.…

Franklin Templeton has officially expanded its tokenized money market fund to Solana. The asset manager, whose crypto traction includes the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund on Solana (SOL).  Details posted on X via the Franklin Templeton Digital Assets account indicate that the firm has unlocked a new blockchain for Benji, a platform that allows users to invest in FOBXX. Solana is the latest blockchain network to support Franklin’s tokenized money market fund, following previous expansions to Aptos, Ethereum, Avalanche, Arbitrum, Base, and Polygon. The fund initially launched on Stellar.…

Official Trump has imploded and is hovering near its all-time low as most meme coins and other cryptocurrencies fell. The Official Trump (TRUMP) oken dropped to $14.85 on Feb. 12, down more than 80% from its January peak. Its market cap has fallen from over $15 billion in January to $2.9 billion today. Most meme coins have retreated in the past few weeks. Dogecoin (DOGE) price has dropped by 25% in the last 30 days, while Shiba Inu (SHIB) is down by over 28%. Other coins like Pudgy Penguins, Dogwifhat, and Bonk have all fallen by double-digits. The Official Trump…

The contrast between institutional appetite and retail sentiment in crypto presents a massive opportunity, said Bitwise CIO Matt Hougan. In a note to clients on Feb. 12, Hougan highlighted a “fascinating dichotomy” in crypto markets, referring to bullish institutional demand compared to bearish retail perception. According to Hougan, bullish catalysts for digital assets are plentiful, driven by exchange-traded funds on Wall Street. Investors have allocated billions of dollars to products focused on Bitcoin (BTC) and Ethereum (ETH), with more crypto ETFs likely queued for consideration at the U.S. Securities and Exchange Commission. Hougan argued that Donald Trump’s return to the…