Day: January 31, 2025

Elon Musk’s Father Launches Memecoin—But Can It Succeed?

The father of Elon Musk, Errol Musk, is reportedly entering the celebrity-backed memecoin market, launching Musk It (MUSKIT) in an attempt to raise $200 million for a for-profit think tank called the Musk Institute. The Musk It token was silently launched on Dec. 12, 2024, by a Middle Eastern cryptocurrency company, but has struggled to […]

SBF’s Parents Seeking Trump Pardon for Their Son

The parents of FTX co-founder Sam Bankman-Fried (SBF) are reportedly lobbying for a presidential pardon from Donald Trump, hoping to secure clemency for their son. Joseph Bankman and Barbara Fried, both Stanford Law School professors, have allegedly met with lawyers and individuals linked to Trump’s inner circle to discuss a potential pardon. Their son, once […]

SEC Approves Bitwise Bitcoin & Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has granted accelerated approval for Bitwise’s Bitcoin and Ethereum ETF, allowing investors to gain exposure to both cryptocurrencies in a single fund. This landmark decision represents a regulatory shift under the Trump administration, as the SEC moves toward a more crypto-friendly stance. The ETF, launched in partnership with […]

ECB’s Lagarde Rejects Bitcoin as Reserve Asset

European Central Bank (ECB) President Christine Lagarde has firmly dismissed the possibility of European nations adding Bitcoin to their reserves in the near future. At a press conference in Frankfurt on Thursday, Lagarde criticized Bitcoin’s volatility and its association with illicit finance, arguing that it fails to meet the standards of a legitimate reserve asset. […]

Solo Bitcoin Miner Strikes Gold—But There’s a Twist

Every Bitcoiner dreams of it: buying a cheap mining rig, solving a block, and taking home the rewards. That’s exactly what seemed to happen this week when journalist Pete Rizzo flagged on X (formerly Twitter) that a solo miner using a $400 FutureBit Apollo machine managed to mine a block and earn 3.125 BTC—worth nearly […]

Farm Frens Delays FREN Airdrop Amid Telegram-TON Clash

Farm Frens, a popular Telegram mini-game, has announced a delay in its FREN token airdrop on Base until February, citing last-minute policy changes by Telegram and The Open Network (TON). The game’s developers voiced frustration over “heavy-handed restrictions” imposed after Telegram announced that all crypto-integrated mini apps must use TON moving forward. “Mini app devs […]