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SEC Lifts Ban on Banks Holding Cryptocurrencies

SEC Lifts Ban on Banks Holding Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) has repealed SAB 121. The document effectively prohibited banks from holding digital assets. Bye, bye SAB 121! It’s not been fun: https://t.co/cIwUc0isUE | Staff Accounting Bulletin No. 122 — Hester Peirce (@HesterPeirce) January 23, 2025 “Bye-bye SAB 121! It’s not been fun,” commented Commissioner Hester Peirce. The decision […]

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Phemex Exchange Hack Losses Exceed $70 Million; North Korean Hackers Suspected

Phemex Exchange Hack Losses Exceed $70 Million; North Korean Hackers Suspected

North Korean hackers are suspected to be behind the breach of the Singapore-based cryptocurrency exchange Phemex, according to several experts cited by The Block. MetaMask’s chief security researcher, Taylor Monahan, noted that the attack involved the simultaneous withdrawal of “a huge amount of various assets” from multiple networks. Initially, the perpetrators stole funds in Bitcoin, […]

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White House working group to assess a national crypto reserve

White House working group to assess a national crypto reserve

US president Donald Trump signed an executive order establishing a working group on digital-asset markets. The body will be led by the special adviser on AI and cryptocurrencies, David Sacks. ?NEW: Here’s the official #crypto EO text from the @WhiteHouse website. ??https://t.co/59XVrJtsRa https://t.co/ZZkFMPgkTD pic.twitter.com/Z27s8a6Pnr — Eleanor Terrett (@EleanorTerrett) January 23, 2025 Among others, the group […]

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Standard Chartered Predicts Bitcoin Surge to $200,000 by End of 2025

Standard Chartered Predicts Bitcoin Surge to $200,000 by End of 2025

By the end of the year, Bitcoin and Ethereum are expected to rise to $200,000 and $10,000, respectively, driven by institutional investor demand through ETFs, according to a report by Standard Chartered, as reported by The Block. “Institutional flows into Bitcoin in 2025 will exceed last year’s level. Fresh capital will primarily come from pension […]

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OpenAI Unveils AI Agent 'Operator'

OpenAI Unveils AI Agent ‘Operator’

OpenAI has introduced its own AI agent, ‘Operator’, capable of performing tasks on the internet on behalf of users. A research preview of Operator, an agent that can use its own browser to perform tasks for you. pic.twitter.com/wkBBDIlVqj — OpenAI (@OpenAI) January 23, 2025 The new tool can browse web pages and interact with them, […]

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HTX to Distribute $11,000 for Flexible Loan Usage in USDT

HTX to Distribute $11,000 for Flexible Loan Usage in USDT

The cryptocurrency exchange HTX has launched the fourth phase of its “Borrow and Earn” campaign, dedicated to the introduction of flexible loans. As part of the event, the platform will distribute 5 billion HTX (~$11,000), according to the company’s blog. To participate, users must borrow USDT by February 4. Seventeen crypto assets can be used […]

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Suspicious $37 Million Crypto Withdrawal Detected from Phemex Exchange

Suspicious $37 Million Crypto Withdrawal Detected from Phemex Exchange

Analysts at Cyvers Alerts have identified “multiple suspicious transactions” involving the hot wallets of the trading platform Phemex.

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US Congress scrutinises the ethics of Donald Trump’s crypto ventures

US Congress scrutinises the ethics of Donald Trump’s crypto ventures

US Representative Gerald Connolly called for an investigation into a potential conflict of interest linked to Donald Trump’s cryptocurrency projects. In a letter to the chair of the House Oversight and Government Reform Committee, the congressman noted that the sitting president may be profiting from the World Liberty Financial (WLFI) platform and the TRUMP memecoin. […]

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Binance Labs Rebrands as YZi Labs

Binance Labs Rebrands as YZi Labs

The venture arm of Binance has rebranded to YZi Labs. The company has broadened its investment focus to include artificial intelligence and biotechnology, while maintaining its commitment to Web3 innovations. “For many years, the organization operated independently while using the Binance brand. Now that CZ [Changpeng Zhao] has stepped back from Binance, it is only […]

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Paralysed Man Controls Drone with His Mind

A 69-year-old man with paralysis and a brain implant managed to control a virtual drone using only his thoughts. By thinking about movement, he was able to navigate complex obstacles with the help of a specially designed device, according to the published experimental results.

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Co-Founder of Ledger Freed After Kidnapping in France

Co-Founder of Ledger Freed After Kidnapping in France

The Paris prosecutor’s office has announced the rescue of David Balland, a partner and co-founder of Ledger, who fell victim to a gang of extortionists. This was reported by local media. The businessman was kidnapped early on January 21 from his home in the Cher department, France. He was then transported by car to another […]

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Janice McAfee Endorses Launch of AIntivirus Meme Coin

Janice McAfee Endorses Launch of AIntivirus Meme Coin

Janice McAfee, widow of entrepreneur and crypto enthusiast John McAfee, has endorsed the launch of the AIntivirus (AINTI) meme coin on Solana, echoing the name of her late husband’s flagship product. Ever since John’s untimely death, I have been looking for ways to honour the genius he was and build on the legacy he left […]

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