Bitcoin Price Clings to $84K Ahead of High-Stakes Weekend
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As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At […]

Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research
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The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025. This […]

Bittensor Introduces $25M Onchain Coverage to Protect Network Participants
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Bittensor, a decentralized artificial intelligence (AI) protocol, has joined forces with digital asset insurer Native to unveil a $25 million onchain insurance program for its network users. $25M Onchain Coverage Now Available for Bittensor Stakers Designed by Native in partnership with Team Rizzo, a top-tier validator on Bittensor, the coverage combats smart contract vulnerabilities—from coding […]

Bitcoin Miner MARA Sees Revenue Soar 69% in 2024
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MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024, up 37% from $156.8 million […]

$63M Investment Fuels Raise’s Blockchain-Powered Smart Cards
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Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings Raise’s […]

SEC Says Most Meme Coins Do Not Qualify as Securities
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The U.S. Securities and Exchange Commission (SEC) stated on Feb. 27 that most meme coins do not meet the definition of securities under federal law, exempting them from registration requirements. SEC Clarifies Meme Coins Fall Outside Securities Regulations Meme coins, defined as crypto assets tied to internet culture or trends, derive value primarily from speculation […]

House Democrats Propose MEME Act to Restrict Officials From Promoting Meme Coins
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House Democrats introduced legislation to prohibit top federal officials and their families from issuing or promoting meme coins and other financial instruments, citing ethical concerns sparked by President Donald Trump’s official TRUMP cryptocurrency launch and his wife Melania’s that followed soon after. MEME Act Seeks to Ban Federal Leaders From Endorsing Cryptocurrencies The Modern Emoluments […]

SEC Closes Gemini Probe After 699 Days; Winklevoss Seeks Reimbursement
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The Securities and Exchange Commission (SEC) has closed its investigation into Gemini, a cryptocurrency exchange. Unquantifiable Loss in Economic Growth for America The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Gemini and will not pursue an enforcement action against the cryptocurrency exchange. According to Cameron Winklevoss, co-founder of Gemini, the withdrawal […]