Day: January 23, 2025

Ethereum Faces Leadership Shake-Up

Ethereum (ETH) has been the subject of heightened social media scrutiny in recent weeks, prompting co-founder Vitalik Buterin to publicly address concerns regarding the project’s leadership structure. While defending the current leadership team, Buterin acknowledged the need for structural changes to enhance the Ethereum Foundation’s effectiveness. This introspection comes at a pivotal moment for Ethereum, […]

Justin Sun Proposes Bold Strategy to Push Ethereum to $10,000

Justin Sun, founder of Tron, has announced an ambitious strategy aimed at propelling Ethereum (ETH) to a $10,000 valuation. Known for bold moves in the crypto space, Sun’s plan includes a three-year suspension of ETH sales by the Ethereum Foundation, creating a deflationary environment to strengthen investor confidence and drive price growth. This announcement follows […]

SEC vs Ripple: Better Markets Files Amicus Brief Supporting SEC

In the ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Ripple, nonprofit organization Better Markets Inc. has submitted an amicus brief supporting the SEC. The brief backs the SEC’s appeal against the 2023 ruling by Judge Analisa Torres, which determined that certain XRP sales on digital exchanges were not securities. SEC’s […]

Ross Ulbricht: The Bitcoin Pioneer Pardoned by Trump

Ross William Ulbricht, now 40, grew up in Austin, Texas, and earned a physics degree from the University of Texas before pursuing a Master’s in material science at Pennsylvania State University. Early in life, he became fascinated with liberty, privacy, and free markets, passions that eventually introduced him to Bitcoin. Ulbricht’s ideals led him to […]

North Dakota Proposes Crypto ATM Regulations to Combat Fraud

North Dakota lawmakers are debating House Bill 1447, introduced on Jan. 15, which proposes stricter regulations on crypto ATMs to protect residents from scams. The bill includes the following measures: The state’s Department of Financial Institutions commissioner, Lisa Kruse, revealed that North Dakota residents filed 103 crypto scam complaints in 2023, leading to combined losses […]

TikTok Owner ByteDance’s $12B AI Bet Amid U.S. Sanctions

ByteDance, the parent company of TikTok, is rumored to be planning a $12 billion investment in AI chips by 2025, according to a report by the Financial Times. The figure represents a doubling of its AI budget from last year as the Chinese tech giant navigates geopolitical tensions and U.S. sanctions. Breaking Down the AI […]