The U.S. Digital Assets Sub-Committee is preparing for a crucial hearing on bipartisan cryptocurrency legislation, a move that could shape the future of digital assets in the country. With regulatory uncertainty clouding the crypto industry, lawmakers aim to establish a comprehensive framework that balances innovation, investor protection, and financial stability. Key Issues on the Agenda This hearing will focus on …
Tech
February, 2025
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22 February
Dogecoin’s Bollinger Bands Flash Bullish! Key Price Level to Watch Now
Dogecoin (DOGE), the original meme coin, is showing bullish signs as its Bollinger Bands tighten, signaling a potential breakout. With increased trading volume and renewed investor interest, analysts are watching a key resistance level that could determine DOGE’s next big move. Will Dogecoin finally break out, or is this just another false alarm? Let’s dive into the technical indicators and …
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22 February
Pi Network Coin Plunges 70% Post-Launch – What’s Next for Investors? Experts Weigh In
The much-anticipated Pi Network Coin has suffered a brutal 70% price crash within 24 hours of its market debut, leaving early investors and miners scrambling for answers. Once hyped as the next big thing in crypto, Pi Network’s volatile launch raises serious questions about its long-term viability, liquidity concerns, and market trust. With investors now facing heavy losses, should they …
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22 February
SafeMoon CTO Thomas Smith Pleads Guilty in Multi-Million Dollar Crypto Fraud Scandal
SafeMoon’s former Chief Technology Officer, Thomas Smith, has pleaded guilty to charges related to a multi-million dollar cryptocurrency fraud scheme. The shocking admission comes as SafeMoon, once a highly popular token, faces mounting legal scrutiny over allegations of deception, fund mismanagement, and investor losses. Smith’s guilty plea adds another layer to the controversy surrounding the project, raising questions about the …
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22 February
South Korea’s ‘Coin King’ Re-Arrested for $47M Crypto Fraud After Bail Release
South Korean authorities have re-arrested Jonbur Kim, also known as the ‘Coin King,’ for allegedly orchestrating a $47 million cryptocurrency fraud. Kim, who had previously secured bail, now faces renewed legal trouble as investigators uncover deeper layers of his alleged scheme. His arrest underscores the growing crackdown on crypto-related financial crimes in South Korea. The Rise & Fall of the …
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22 February
Kraken & Crypto.com Set to Shake Up DeFi with Native Stablecoins in 2025: Report
Two major crypto exchanges, Kraken and Crypto.com, are reportedly gearing up to launch their own stablecoins in 2025. As competition in the digital asset space heats up, these new stablecoins could reshape the DeFi landscape, challenging dominant players like USDT and USDC. But what does this mean for traders, institutions, and the broader crypto ecosystem? Why Are Kraken & Crypto.com …
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22 February
SBF Fights Back: Claims Court Got It Wrong in Latest NY Sun Interview
Sam Bankman-Fried (SBF), the disgraced founder of FTX, isn’t staying silent. In a new interview with The New York Sun, he claims that the court’s narrative about his role in FTX’s collapse was misleading. As he awaits sentencing, SBF is pushing back against accusations of fraud, arguing that key details were misrepresented in the trial. But will his defense hold …
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22 February
Trump Coin Teeters on the Brink: Bearish Signals & Dilution Fears Spell Trouble
Trump Coin, a cryptocurrency tied to the former president’s brand and political movement, is showing signs of significant weakness. With a sharp decline in price action, technical indicators flashing red, and growing fears of token dilution, investors are bracing for potential turmoil. Could a major price collapse be imminent? Bearish Technical Signals Raise Alarm Technical analysts are warning that Trump …
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21 February
ByBit Fraudster Ho Kai Xin Sentenced to Nearly a Decade for Multi-Million Dollar Scam
Ho Kai Xin, a former employee of crypto exchange ByBit, has been sentenced to nearly 10 years in prison for orchestrating a multi-million dollar fraud scheme. The conviction comes after authorities uncovered her embezzlement of millions in company funds, marking one of the most high-profile crypto-related fraud cases in recent years. The Fraud Scheme: How It Happened According to court …
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21 February
ECB Eyes Blockchain for Faster, Secure Central Bank Settlements
The European Central Bank (ECB) is exploring a blockchain-based payment system aimed at enhancing the efficiency and security of central bank settlements. This initiative underscores the ECB’s commitment to modernizing financial infrastructure while ensuring faster and more transparent transactions within the Eurozone’s banking system. Why Blockchain for Central Bank Settlements? Traditional central bank settlement systems rely on legacy financial networks, …