Reddit’s Crypto Holdings Signal ETH is Not a Security
Reddit’s IPO filing reveals it holds Bitcoin, Ethereum, and Polygon. Its reasoning suggests Ethereum will avoid SEC designation as a security.
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Crackdown Looms: Binance Faces Ban in Philippines
The Philippines’ Securities and Exchange Commission (SEC) has warned Binance for operating without a license and overseeing unauthorized securities sales, threatening to ban the exchange if it fails to address concerns by the end of February.
Starknet Token Claims Soar to 420M on Launch Day
The airdrop of Starknet’s native STRK token saw over 420 million tokens claimed in the first day, sparking a surge of on-chain activity and trading volume over $1.6 billion. However, the token price remains volatile amidst liquidations.
Michael Saylor Plans to Keep Buying Bitcoin
MicroStrategy CEO Michael Saylor stands firm on holding Bitcoin, touting its technical superiority over traditional assets and anticipating ongoing capital inflow.
China’s Digital Yuan Speeds Up Auto Purchases
Customers in Shenzhen can now pre-pay for cars with digital yuan smart contracts, enhancing the purchasing process and security.
Australian Bitcoin Sentiment Grows with US ETF Approvals
Australian retail interest in Bitcoin grows with ETF approval, but uncertain economy hinders widespread adoption.
Web3 Fashion House 9dcc Debuts at Paris Fashion Week
9dcc debuts its luxury Web3 fashion collection, merging high-quality apparel with blockchain technology through Ethereum NFTs, at Paris Fashion Week and NFT Paris.
Crypto Veterans Sun and Ferrante Debut Trading Platform Backpack
Crypto exchange Backpack, founded by former FTX and Alameda Research executives, has started offering services to users in 11 U.S. states as it expands its presence in America.
Circle Ends USDC Support on Tron Blockchain
Circle has decided to stop minting and supporting its USD-backed stablecoin USDC on the Tron blockchain network, requiring institutional clients to transfer or redeem their USDC holdings by February 2025.
Winklevoss Twins Back Crypto Super PAC With $4.9M Donation
Tyler and Cameron Winklevoss have each contributed $2.45M to the Fairshake super PAC, which now has over $72M to support crypto-friendly candidates in the 2024 US elections.