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Quick Take Huione Group, the alleged operators of the “largest illicit online marketplace,” has launched crypto tools, including a wallet, native blockchain and stablecoin, as well as a Telegram-like messaging app. Elliptic suggests the move is part of a strategy to avoid asset seizures.
Quick Take Sony’s blockchain subsidiary launched the mainnet of its Ethereum Layer 2, Soneium, on Tuesday, targeting content creators and their communities, but faced a memecoin-related backlash. Analysts at K33 previously favored selling bitcoin at the Jan. 20 inauguration as heightened expectations from Trump’s pro-crypto campaign promises met the reality of Washington’s often slow-paced political machine. However, selling the news has become less attractive as the inauguration approaches. Bitwise CIO Ma
Quick Take TON Foundation has appointed Manuel Stotz as its new president. Replacing Steve Yun, Stotz’s mandate will involve fostering additional growth in the U.S. for the blockchain closely tied to Telegram.
Quick Take “We haven’t said Ethereum is a security,” SEC Chair Gary Gensler said on Tuesday on Yahoo Finance. The classification of whether ethereum is a security or not has been hazy over the past few years.
Quick Take The crypto derivatives giant Deribit attracted buyers for a potential acquisition, though the firm has yet to enter a sale, reports Bloomberg.
- 2025/02/20 23:57Overview of Important Overnight Developments on February 2121:00-7:00 Keywords: Strategy, Vitalik, Index ETF 1. The European Central Bank aims to establish a blockchain-based payment system; 2. Federal Reserve's Bostic: The Fed is expected to cut rates twice this year; 3. Franklin Templeton launches Bitcoin and Ethereum Index ETF; 4. Strategy announces pricing of $2 billion convertible senior notes offering; 5. Sources: SEC shows "high concern" over cryptocurrency staking business; 6. The U.S. Senate Banking Subcommittee on Digital Assets will hold its first hearing next week; 7. Federal Reserve's Goolsbee: If tariffs lead to higher inflation, the Fed will consider it; 8. Vitalik Buterin: Remains very optimistic about Argentina's contribution and role in the cryptocurrency field.
- 2025/02/20 23:19Fed Governor Kugler: Thinks Fed should keep policy rates unchanged for some timeFed Governor Kugler: Thinks the Fed should keep policy rates unchanged for some time.
- 2025/02/20 23:19Fed Governor Kugler: PCE inflation expected to be 2.4% in JanuaryFed Governor Kugler: PCE inflation is expected to be 2.4% in January, with core PCE inflation at 2.6%; there is still a gap from the 2% target.