February, 2025

February, 2025

NetEase raises fears it is unloading its overseas game properties, hurting U.S. gaming
Chinese game companies may be forced to sell off their overseas holdings in U.S. game companies. That could cause an earthquake in gaming.Read More...

Fluent Labs raises $8 million in funding led by Polychain Capital to build blended execution network
Fluent is an Ethereum Layer 2 network that blends Wasm, EVM and SVM apps into a unified execution environment....

Lightning could strengthen bitcoin’s investment thesis, Fidelity Digital Assets says
The Bitcoin Layer 2 network's capacity currently stands at around $500 million after strong growth in 2024....

Binance.US restores fiat deposits and withdrawals for the first time since 2023
Fiat functionality was paused in June 2023 after the SEC sued Binance.US, alleging violations of securities laws....

Iranians ‘flocked’ to crypto amid geopolitical tensions in 2024 as exchange outflows surged 70% to $4.2 billion: Chainalysis
Sanctioned jurisdictions and entities globally received $15.8 billion in cryptocurrency last year — 39% of all illicit crypto transactions....

Derivatives data indicates traders expect ether price gains ahead of April’s Pectra upgrade
Traders are positioning for an Ethereum recovery ahead April's Pectra upgrade as derivatives data shows investor optimism....

Hong Kong explores new token listings, derivatives and staking as global competition increases
Under the new roadmap, the SFC also plans to establish licensing regimes for over-the-counter crypto trading and custodian services....

Dave Portnoy nets over $250,000 by creating and selling ‘Greed’ memecoin
It appears that the Barstool founder’s new tokens stem from his cynicism against memecoins and typical behavior manifested by investors....

Hong Kong Aims to Become Asia's Digital Asset Hub with New Derivative Products, Says SFC CEO at Consensus 2025
Hong Kong is actively working to establish itself as a central hub for digital asset services in Asia, as highlighted during the Consensus 2025 conference...

Wintermute Trading, World's Leading Digital Asset Market Maker, Plans US Expansion and New Products After Tencent Funding
Wintermute is planning to expand its operations in the United States...

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