The Paris Public Prosecutor’s Office reportedly launched a probe into the crypto exchange’s activities between 2019 and 2024. Source: https://cointelegraph.com/news/france-investigation-binance-money-laundering-tax-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Pudgy Penguins Solana Token, Ethereum NFTs Plunge Alongside Abstract Network Launch
Pudgy Penguins NFTs and PENGU, the ecosystem’s Solana token, have fallen sharply in the last 24 hours since its parent company launched Abstract, a consumer-focused Ethereum layer-2 network. PENGU has fallen 24% during that time and 49% in the last 30 days to $0.0173, dropping it outside the top 100 crypto assets by market cap according to CoinGecko. The Solana…
Solaxy Raises $15M for Solana’s First Layer-2 Solution to Tackle Network Congestion
Solaxy (SOLX), Solana’s first Layer-2 scaling solution, has now raised over $15 million in its presale phase. Borrowing from Ethereum’s successful scaling strategies, Solaxy aims to process transactions off-chain, managing the congestion that has hampered Solana’s performance. And investors are hyped about what this might mean for Solana-based trading in the future. How Solaxy’s Layer-2 […] Source: https://news.bitcoin.com/solaxy-raises-15m-for-solanas-first-layer-2-solution-to-tackle-network-congestion/
Bitcoin far from 'extreme' FOMO at above $100K BTC price — Research
Bitcoin investors are not yet exhibiting typical BTC price blow-off top behavior, UTXO data concludes. Source: https://cointelegraph.com/news/bitcoin-far-from-extreme-fomo-at-100k-btc-price-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeepSeek Rattles Markets, FED decision this Week, Abstract Launches Today
DeepSeek Rattles Markets, FED decision this Week, Abstract Launches Today BTC dives on DeepSeek’s impact on tech stocks. FOMC this week also blamed for de-risking. Liquidations hit $500m, funding rates flip negative. MicroStrategy buys $1.1bn more BTC. BTC heading for $70-75k: Hayes. BTC dominance rises back to 60%. Elon wants blockchain for government .efficiency. Cheaper LLMs will just lead to…
You should ‘go and build’ your own AI agent: Jesse Pollak, X Hall of Flame
Base creator Jesse Pollak says AI + Crypto is “just getting started” and users can easily build an AI agent to make money: X Hall of Flame Source: https://cointelegraph.com/magazine/build-your-own-ai-agent-coinbase-base-jesse-pollak-x-hall-of-flame/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet Raises $745 Million for Largest Bitcoin Purchase in Asia
The strategic bitcoin roadmap by Metaplanet for 2025 and 2026 will see the company establish itself as one of the largest bitcoin owners globally. Metaplanet Doubles Down on its Bitcoin Position Metaplanet, fondly known as Asia’s MicroStrategy, has announced that it will raise approximately $745 million (¥116 billion) for more bitcoin purchases by issuing 21 […] Source: https://news.bitcoin.com/metaplanet-raises-745-million-for-largest-bitcoin-purchase-in-asia/
Metaplanet Begins ‘Asia’s Largest-Ever’ Raise to Buy More Bitcoin
Metaplanet Inc., known as Japan’s MicroStrategy, has announced a $745 million (¥116 billion) fundraising initiative in what is being called “Asia’s largest-ever equity capital raise for Bitcoin.” The Tokyo Stock Exchange-listed firm plans to issue 21 million shares of 0% discount moving strike warrants, a type of financial instrument where the price investors pay for shares is directly tied to…
PENGU, SIGMA, and ME are available for trading!
We’re thrilled to announce that PENGU, SIGMA, and ME are now available for trading on Kraken! Funding and trading PENGU, SIGMA, and ME trading will be live as of 15:00 UTC today, 28/1/2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks…
Binance Being Investigated for Money Laundering by French Authorities
French authorities have are probing Binance for money laundering, tax fraud, drug trafficking and other charges. Binance told Decrypt in a statement Tuesday that the allegations were “several years old,” and that it was “deeply disappointed” to hear it was being taken further. France’s financial judicial investigation service started investigating Binance back in 2023. Binance confirmed to Decrypt that the JUNALCO, a Paris…