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Tornado Cash developer Alexey Pertsev gets nod for conditional release from prison to work on appeal

Tornado Cash developer Alexey Pertsev gets nod for conditional release from prison to work on appeal

Alexey Pertsev, a developer of Tornado Cash, said he would be released from pretrial detention on Friday to work on his appeal.Pertsev, who has been accused of money laundering charges in the Netherlands, wrote on X today that a Dutch court suspended his pretrial detention under the condition of ele…

Solana’s SOL Could Hit $520 by 2025-End, VanEck Says

Solana’s SOL Could Hit $520 by 2025-End, VanEck Says

Investment firm VanEck predicts Solana's SOL will touch $520 by the end of 2025 as the demand for smart contract platforms (SCP) grows and M2 money supply increases in the coming months.M2 money supply measures how much money is circulating in the U.S. economy, which tends to influence the crypto ma…

Sony’s Soneium debuts its first music NFT collection with crypto record label

Sony’s Soneium debuts its first music NFT collection with crypto record label

Sony’s public blockchain platform Soneium announced today the first collection of music NFTs launched on the network, in collaboration with onchain record label Coop Records.“In collaboration with Soneium, Coop Records is redefining music monetisation models,” Soneium’s official X handle wrote today…

Trump-backed World Liberty Financial aiming to form ‘strategic’ token reserve: report

Trump-backed World Liberty Financial aiming to form ‘strategic’ token reserve: report

World Liberty Financial co-founder Chase Herro said on Thursday that the platform plans on creating a “strategic reserve” with the tokens it buys, according to a report from Bloomberg.The DeFi project is famously backed by President Donald Trump and his family. The president's son Donald Trump Jr. a…

MicroStrategy Drops ‘Micro’ From Name After Record BTC Buying Quarter

MicroStrategy Drops ‘Micro’ From Name After Record BTC Buying Quarter

“Earlier today, we announced that we are now Strategy, a new name that powerfully and succinctly conveys the universal and global appeal of our company,” said Phong Le, President and Chief Executive Officer.The rebrand came to emphasize the firm’s focus onBitcoinand AI as transformative technologies…

Arbitrum developers introduce ‘universal intent engine’ to improve Layer 2s interoperability

Arbitrum developers introduce ‘universal intent engine’ to improve Layer 2s interoperability

Offchain Labs, the core development firm behind Arbitrum, introduced what it describes as the “universal intent engine” to improve cross-chain interoperability for Layer 2 networks.The developers said the engine would enable cross-chain swaps and transfers for Arbitrum-based chains and other EVM-bas…

Ransomware losses down 35% year-over-year: Chainalysis

Ransomware losses down 35% year-over-year: Chainalysis

Payments extorted through ransomware attacks decreased some 35% in 2024 compared to the year prior, according to a Feb. 5 report by Chainalysis, a blockchain analytics provider. In 2024, ransomware attackers extorted nearly $815 million in payments from victims, down significantly from the 2023 tota…

Bitdeer snaps up 101-megawatt Canada site as stock tanks

Bitdeer snaps up 101-megawatt Canada site as stock tanks

Bitdeer has acquired a 101-megawatt site and gas-fired power project in Alberta, Canada, aiming to become a fully vertically integrated Bitcoin miner.A fully vertically integrated miner would mean Bitdeer maintains control of the important components of its Bitcoin (BTC) mining operations rather tha…

BTC volatility hits record low, stablecoin transaction value tops Visa — ARK

BTC volatility hits record low, stablecoin transaction value tops Visa — ARK

2024 was a watershed year for digital assets, with Bitcoin’s annual volatility reaching a record low and stablecoin transaction values exceeding Visa and Mastercard.These are among the major takeaways from ARK Invest’s “Big Ideas 2025” report, released on Feb. 4. According to the report, Bitcoin’s …

US lawmakers will propose crypto regulation by Nov — Anthony Scaramucci

US lawmakers will propose crypto regulation by Nov — Anthony Scaramucci

Anthony Scaramucci, the founder of SkyBridge Capital and former White House director of communications during US President Donald Trump’s first term, has suggested that members of Congress will act to curry favor with the crypto industry before the 2026 midterm elections.In an interview with the Fin…

ZachXBT claims Coinbase users lost over $65 million to social engineering scams in last two months

ZachXBT claims Coinbase users lost over $65 million to social engineering scams in last two months

Onchain sleuth ZachXBT claimed that Coinbase users lost more than $65 million between December 2024 and January 2025 from falling victim to social engineering scams.He stated the estimated $65 million is likely “much lower” than the actual amount as it does not take into account cases filed to Coinb…

Ethereum increases gas limit for the first time since proof-of-stake migration

Ethereum increases gas limit for the first time since proof-of-stake migration

Ethereum reached the consensus needed to increase the network's gas limit, with 50% of the validators signaling for this change to help improve the network's scalability.The gas limit is a critical parameter that dictates the network’s transaction capacity. Previously capped at 30 million, the gas l…