January, 2025

January, 2025

Crypto credit innovator Idle launches onchain private credit vault on Optimism
The yield-bearing solution was spun up through a partnership with crypto-native fund Maven 11's credit unit and a prominent prime broker....

Crypto supporter Sen. Lummis threatens to bring legal action against FDIC over alleged destruction of crypto documents
Sen. Lummis is threatening criminal repercussions over allegations that the FDIC is destroying digital asset related materials....

Trump’s Treasury pick Scott Bessent says he sees ‘no reason’ for a US CBDC
President-elect Donald Trump's pick for Treasury secretary says he sees "no reason" for the U.S. to have a central bank digital currency....

Illicit use of blockchains represents just 0.4% of total crypto volume, TRM Labs finds
TRM Labs found illicit volume is down 24% since 2023 to $45 billion, representing just 0.4% of overall crypto transactions....

The Daily: Trump ‘receptive’ to an ‘America-first’ crypto reserve, XRP hits new all-time high and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Ross Ulbricht Memecoins Tag All-Time Highs On Commutation Bets
Traders are buying up the rumor that President Donald Trump will hold to his word and commute the Silk Road founder’s sentence....

Coinbase Rolls Out Bitcoin-Backed Loans with Morpho
Coinbase Vice President Max Branzburg called the loans a way of “unlocking economic freedom for all.”...

Phantom Wallet Raises $150 Million in Funding Round, Doubles Valuation to $3 Billion
Phantom Wallet has successfully raised $150 million in a funding round that has elevated its valuation to $3 billion...

AI16z and Eliza Wakes Up Launch $420,000 Physical Robot
Eliza Wakes Up is now accepting pre-orders for its life-sized Eliza robot....

1Money Raises $20 Million to Build Stablecoin Payments Network
Over 20 venture firms participated in the platform’s seed funding round, including F-Prime Capital and Galaxy Ventures....

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