US Senator Elizabeth Warren Raises Concerns About Howard Lutnick’s Tether Links
US Senator Elizabeth Warren has raised concerns over Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, due to his firm’s deep ties with stablecoin issuer Tether. In a letter dated Jan. 27, Warren criticized Lutnick’s involvement with Tether, calling it a “known facilitator of criminal activity” and labeling it the “outlaws’ favorite cryptocurrency.”
Lutnick is the CEO of Cantor Fitzgerald, a financial services firm that holds a 5% stake in Tether and serves as the asset m
Web3 Privacy Layer COTI Launches PriveX in Milestone for DeFAI
COTI, the fastest and most lightweight Web3 privacy layer, is excited to introduce PriveX, the first intent-based Perpetual Decentralized Exchange (Perp-DEX) on its network. PriveX leverages advanced AI Agent capabilities and intent-based technology, offering traders unprecedented control over their strategies in a secure, decentralized environment. This marks a significant shift from traditional DeFi to DeFAI.
PriveX integrates with Symm.io for top-tier infrastructure and IntentX for a user-fr
While cryptocurrencies have a variety of benefits, they do suffer from a couple of major problems. The first is that cryptocurrency is unregulated, although some people see this as a benefit. This means that you don’t get the same protections you would if you used a debit/credit card online. The second, and perhaps the most important one, is that you can’t take back a cryptocurrency transaction. Once it is sent, it is sent. This means that you need to be double-sure that your crypto funds are he
Freedx Secures USD 50 Million in Funding to Transform the Crypto Trading Experience
Dubai, UAE, January 29th, 2025, Chainwire
Freedx, a newly launched cryptocurrency exchange, today announced the completion of its $50 million funding round.
Freedx has secured regulatory permissions in Panama and a BTC license in El Salvador, representing initial steps toward expanding its compliance efforts globally.
The investment reflects investor confidence in Freedx’s approach to offering a platform designed with a focus on clarity, simplicity, and advanced trading tools.
LayerAI Becomes the First Crypto Asset to Integrate DeepSeek on the Blockchain
Mahe, Seychelles, January 29th, 2025, Chainwire
LayerAI, a leading innovator in AI and blockchain technologies, has announced the integration of DeepSeek’s advanced models, DeepSeek-V3 and DeepSeek-Coder-V2, into its platform. This collaboration aims to elevate the capabilities of LayerAI’s offerings in AI-assisted coding, natural language processing, and interactive learning modules.
Key Integration Highlights:
Advanced Model Deployment: By incorporating DeepSeek-V3 and DeepSeek-Coder-V2, La
Floki Launches Massive Marketing Campaign With CoinGecko to Promote Floki Trading Bot
Miami, Florida, January 29th, 2025, Chainwire
Floki has announced a strategic three-month marketing campaign in collaboration with CoinGecko, the world’s largest independent cryptocurrency data aggregator. Set to launch on Jan. 31, the campaign aims to showcase the Floki Trading Bot to millions of crypto users globally.
CoinGecko’s extensive ecosystem will serve as the campaign’s platform, leveraging over 167 million monthly pageviews, 111 million monthly users, and 9.9 million total app downl
Crypto.com to Delist USDT, DAI, PAX and PYUSD to Comply With EU Laws
Crypto exchange Crypto.com has announced plans to delist Tether’s USDT and nine other cryptocurrencies in response to the European Union’s Markets in Crypto-Assets (MiCA) regulation. This decision aligns with new requirements set by the European Securities and Markets Authority (ESMA), pushing crypto asset service providers (CASPs) to restrict non-MiCA-compliant stablecoins.
A spokesperson from Crypto.com confirmed on Jan. 29 that the exchange will suspend purchases of USDT and the affected tok
As 2025 gets underway, small and medium-sized enterprises (SMEs) are discovering the power of Bitcoin (BTC) as a vital tool for growth and long-term security.
As these businesses try to navigate a volatile economic landscape, many are recognising Bitcoin not only as a hedge against inflation but also as a way to enhance revenue streams, diversify portfolios, and future-proof their operations.
What Makes Bitcoin A Strategic Asset?
As SMEs face increasing challenges ranging from economic uncert
Bitcoin’s price could drop by nearly 26% in the first quarter of 2025, potentially falling to around $75,000, according to a recent market analysis. However, other crypto analysts remain skeptical about the likelihood of such a decline.
In a Jan. 28 market report, Dr. Sean Dawson, head of research at Derive, stated that the probability of Bitcoin (BTC) dropping below $75,000 by March has increased to 9.2%, up from 7.2% over the past 24 hours.