Mantle Network’s MNT rallies 17% amid ecosystem expansion plans
MNT, the native token of the L2 scaling solution Mantle Network, resumed its ongoing rally as the project unveiled several upcoming developments. Mantle (MNT) bounded 17% to an intraday high of $1.28 on Jan. 24 while bringing its market to nearly $4.2 billion at press time. The price surge came along with a 60% jump […]
Ethereum Foundation sends 50,000 ETH to new multisig wallet amid DeFi plans
The Ethereum Foundation, the non-profit organization supporting the development of the Ethereum blockchain network, has set up a multisig wallet as it looks to participate in the decentralized finance ecosystem. According to a post on X hww.eth, which was reposted by the Ethereum Foundation, the new multisig wallet will enable the organization to engage in […]
Singapore-based BitFuFu plans Oklahoma Bitcoin mining acquisition to expand in North America
Bitmain-backed crypto mining firm BitFuFu has announced plans to expand into North America with the acquisition of a 51-MW Bitcoin mining facility in Oklahoma. Bitcoin (BTC) mining firm BitFuFu has announced plans to buy a majority stake in a mining facility in Oklahoma in a bid to expand its North American operations. In a Jan. […]
Trump plans executive order making crypto a national priority: Report
The executive order would instruct regulatory agencies to work with the industry and create a crypto council to represent the industry, according to people familiar with the plans. Source link
Trump’s SEC plans crypto overhaul, may freeze crypto lawsuits: report
The U.S. SEC is set for a significant shift in cryptocurrency policy under the incoming Trump administration. According to Reuters, the SEC is preparing to review its enforcement actions, potentially freezing or even withdrawing cases that do not involve fraud allegations. The move would mark a stark departure from outgoing SEC Chair Gary Gensler’s aggressive […]
‘Government Efficiency’ meme coins lose value after Musk walks back cost-cutting plans
Tokens inspired by “efficiency” have become quite an expensive mess for investors. Meme coins named after the nascent Department of Government Efficiency — an early-stage agency devoted to cost-cutting measures under the incoming Trump administration — plummeted Sunday. One DOGE token, which formed in 2024 as a satirical take on government spending and bureaucracy, experienced […]
How crypto plans to steal the spotlight at Trump’s inauguration
What do massive crypto donations to Trump’s inauguration reveal about the industry’s hopes for regulation, innovation, and survival in a changing political climate? Trump fever sweeps the world The crypto world is thriving as Donald Trump prepares to take the oath of office as the 47th President of the United States on Jan 20. After […]
Nasdaq-listed Heritage Distilling introduces Bitcoin treasury plans
Nasdaq-listed Heritage Distilling Holding Company has announced a new Bitcoin Treasury Policy Statement. The announcement outlines plans to accept Bitcoin (BTC) as payment and hold it as a strategic asset. This move positions the craft distiller as a leader in integrating cryptocurrency within the craft spirits industry. The company aims to capitalize on Bitcoin’s growing […]
InfiniSVM Blockchain Set for Launch in Solayer Labs’ Plans
Solayer Labs has announced the 2025 roadmap for the Solayer InfiniSVM, a hardware-accelerated blockchain designed to enhance scalability and performance. On Jan. 7, Solayer Labs, a restaking protocol on Solana, elaborated that the architecture of InfiniSVM is based on Shared Virtual Memory and aims at building one globally distributed-state machine with high-throughput, low-latency functionality capable […]
Backpack Exchange acquires FTX EU, plans Q1 2025 launch
Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition. Source link
