Tron founder Justin Sun has filed a lawsuit against American film producer and record executive David Geffen in a bid to reclaim an Alberto Giacometti sculpture or get up to $80 million in damages. Sun lodged the complaint in Manhattan federal court on Tuesday, alleging the bronze Le Nez sculpture, which he previously owned, had
Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217. Missouri Representative Ben Keathley introduced the bill, seeking to establish a Bitcoin Strategic Reserve Fund that would allow the state treasurer to invest in and hold Bitcoin. The bill, filed on February 6, positions
Key Takeaways Kraken’s InkChain, built on the Optimism Superchain, has seen a significant increase in active addresses since January 2025. InkChain supports SuperchainERC20 tokens, enhancing cross-chain interactions and EVM compatibility within the DeFi space. Share this article Kraken’s Ink, a Layer 2 blockchain built on the Optimism Superchain, has recorded a surge in active addresses
BlackRock is set to launch its first Bitcoin-linked exchange-traded product (ETP) in Europe. According to reports, the European Bitcoin ETP is anticipated to hit the market as early as February 2025. The fund is excepted to be based in Switzerland. Notably, the move comes on the heels of BlackRock’s success with its US-based iShares Bitcoin
The US House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have introduced a discussion draft for the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025. The proposed legislation aims to establish a clear regulatory framework for stablecoins while addressing financial stability concerns. Legislation Proposes
Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in open interest, with Bybit and Block Scholes reporting that Bitcoin (BTC) stayed steady while altcoins
Key Takeaways Alexey Pertsev, co-founder of Tornado Cash, has been released from prison under electronic monitoring. The TORN token increased in value following news of Pertsev’s release, highlighting ongoing debates in the crypto sector. Share this article Alexey Pertsev, co-founder of Tornado Cash, has been released from prison and placed under electronic monitoring as he
South Korea’s cryptocurrency exchange market is undergoing significant contraction, with the number of registered crypto trading firms dropping by over 26% in the past year. As of February 2025, only 31 registered crypto exchanges remain operational in South Korea. This is a sharp fall from 42 exchanges in early 2024. On 7 February 2025, the
Alexey Pertsev will be released from prison today under electronic monitoring as he continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of unsuccessful bail requests and growing concerns over how the legal system treats privacy-focused crypto developers. Pertsev Plans on Focusing on His Appeal Pertsev confirmed the
The Commodity Futures Trading Commission has announced plans for a crypto CEO Forum aimed at bringing industry leaders together to discuss a pilot program for digital asset markets. Specifically, the CFTC is seeking input from leading crypto companies on the agency’s regulatory sandbox for tokenized non-cash collateral. The pilot program will focus on assets such