February, 2025

February, 2025

The Daily: US Senate votes to repeal controversial crypto tax rule, Ethereum edges closer to deploying Pectra and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Decentralized exchange Hyperliquid rolls out ETH spot trading shortly after merging HyperCore and HyperEVM
The project recently merged HyperCore, the core infrastructure behind the Hyperliquid L1, to its EVM-based HyperEVM developer ecosystem....

Senators grill SEC nominee Paul Atkins over FTX ties, agency missteps under Gensler
U.S. lawmakers peppered potential incoming SEC Paul Atkins about his ties to bankrupt crypto exchange FTX while also criticizing Gensler. ...

DOJ ‘disrupts Hamas terrorist’ scheme by seizing crypto held in USDT
A group "claiming association with Hamas" had been directing supporters to donate money to more than a dozen crypto wallets....

Crypto slumps 4% on Trump’s tariff moves, but US GDP data helps markets recover
Q4 U.S. GDP data showed slight cooling but the macro landscape remained uncertain amid new and incoming tariffs....

Crypto VC Maven 11 raises $107 million for third fund amid cautious LP climate
Capital providers have been "more sensitive towards VC funding due to the general market conditions," said Maven 11's Balder Bomans. ...

USDT0 expands tether-backed stablecoin across Optimism’s Superchain after launch on OP Mainnet
The asset is fully backed by tether — the largest stablecoin by market capitalization — which is itself backed by cash and cash equivalents....

Robinhood’s crypto and AI drive could bring ‘Schwab elite banking’ to everyone, Bernstein says
Robinhood wants to offer higher-end private banking and wealth management services at a more accessible cost, using crypto and AI....

Senator Lummis Proposes 1 Million Bitcoin Reserve to Cut U.S. Debt, Gains Trump's Endorsement
Senator Cynthia Lummis has proposed the creation of a Bitcoin strategic reserve as a means to help balance the U...

Binance Founder Changpeng Zhao Will Read Your Message for $640
To tame his inbox, CZ turned to ReachMe, a BNB-based pay-to-reach service that lets key opinion leaders (KOLs) cut down on spam while earning a few bucks....

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