Tech

January, 2025

• 7 January

  FTX EU Sold to Backpack Exchange for $32.7 Million, Aims to Lead EU Derivatives Market

  

  Backpack Exchange Acquires FTX EU: New Era for Regulated Crypto Derivatives in Europe Backpack Exchange Takes Over FTX EU in $32.7M Deal, Set to Launch Perpetual Futures FTX EU Sells to Backpack Exchange: A Strategic Move for Crypto Futures in Europe Backpack Exchange Buys FTX EU for $32.7M, Eyes Dominance in European Crypto Futures Backpack Exchange Steps Up with $32.7M …
• 7 January

  Vitalik Buterin Sells Meme Coins for Charity: Over $940,000 for Kanro

  

  Ethereum’s Vitalik Buterin Donates $940K from Meme Coin Sales to Charity Vitalik Buterin Offloads Meme Tokens for Good Cause: Funds Kanro’s Mission Vitalik Buterin’s $940K Meme Coin Sell-Off: Funds COVID-19 Relief & More Vitalik Buterin Turns Meme Coin Gains into Charity Donations Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), sold meme coins gifted to him by project creators on Monday …
• 7 January

  Beyond Bitcoin: How Pythagoras Outpaced BTC’s Record-Breaking Rally

  

  Bitcoin Boom: Pythagoras Fund Crushes the Crypto Game with 204% Return! AI-Driven Strategies Propel Pythagoras Fund to Crypto Stardom From Bull Market to Big Wins: Pythagoras Dominates Crypto Investment in 2024 The Future of Crypto Investing: Pythagoras’ Alpha Strategy Delivers 3x Bitcoin Returns Will 2025 Be the Year of Bitcoin’s National Reserve? Bitcoin (BTC), the leading cryptocurrency by market value, …
• 7 January

  Justin Trudeau’s Resignation: A Turning Point for Canada’s Crypto Future?

  

  Canadian Prime Minister Justin Trudeau’s unexpected announcement of his resignation has sent ripples through political, economic, and financial circles. While the news marks the end of an era in Canadian politics, it also opens the door to significant shifts in the country’s approach to technology, innovation, and digital finance—particularly cryptocurrency. Trudeau’s Legacy and Crypto During his tenure, Trudeau’s government maintained …
• 7 January

  Bitcoin Hits $100K Milestone Amid Election Buzz and Market Momentum

  

  Bitcoin has surged past the $100,000 mark for the first time in months, fueled by a combination of market optimism, global financial trends, and political anticipation surrounding Donald J. Trump’s presidential election ratification. This historic milestone has reignited discussions about the cryptocurrency’s potential as both an investment vehicle and a hedge against economic uncertainty. What’s Driving the Momentum? Election Speculation …
• 7 January

  Crypto Community Eyes Opportunity as Michael Barr Steps Down as Fed Vice Chair

  

  The cryptocurrency industry is buzzing with optimism following the announcement that Michael Barr will step down from his role as Vice Chair for Supervision at the Federal Reserve. Barr, known for his cautious approach to regulating digital assets, has been a central figure in shaping U.S. monetary policy during a period of heightened scrutiny on crypto markets. His departure signals …
• 7 January

  Crypto in 2025: CoinDCX Co-Founder Sumit Gupta Shares Game-Changing Trends

  

  As the crypto market continues its dynamic evolution, Sumit Gupta, Co-Founder and CEO of CoinDCX, one of India’s leading cryptocurrency exchanges, offers valuable insights into the trends set to shape the industry in 2025. In an exclusive interview, Gupta delves into the transformative forces driving the crypto space, from technological advancements to regulatory frameworks and emerging markets. 1. Mainstream Adoption …
• 7 January

  South Korean Court Cracks Down: ‘Kimchi Premium’ Crypto Traders Jailed

  

  A South Korean court has sentenced a group of crypto traders to prison for exploiting the “Kimchi Premium,” a unique phenomenon in the cryptocurrency market. The gang, accused of earning millions through illegal arbitrage trading, is now facing significant legal consequences in a landmark case that underscores the country’s commitment to tackling financial crimes in the digital asset space. What …
• 7 January

  Gemini Pays $5M Settlement to CFTC Over Misleading Bitcoin Futures Claims

  

  In a significant development within the cryptocurrency space, Gemini, one of the largest cryptocurrency exchanges in the U.S., has agreed to pay a $5 million settlement to the Commodity Futures Trading Commission (CFTC). The settlement comes after allegations that the company made misleading statements regarding its Bitcoin futures products, misleading investors and violating federal trading regulations. The Allegations Against Gemini …
• 7 January

  Nasdaq ISE Seeks SEC Approval to Boost IBIT Options Limit to 250,000 Contracts

  

  Nasdaq’s International Securities Exchange (ISE) has filed a request with the U.S. Securities and Exchange Commission (SEC) to raise the options contract limit for its IBIT (Bitcoin Index Tracker) options to 250,000 contracts. This bold move aims to accommodate the growing demand for Bitcoin derivatives and enhance liquidity in the digital asset markets. The Proposal and Its Impact on the …