DL News
Accurate, honest and responsible news and analyses on cryptocurrency and DeFi | The news arm of
DefiLlama
Following
Followers
Liked
Shared
21Shares files Polkadot ETF as altcoin options grow, but ‘the market will decide’ their fate
21Shares filed for a Polkadot exchange-traded fund in the US, joining a wave of altcoin ETF applications as issuers test investor appetite for crypto-based funds.
The 21Shares Polkadot Trust would trade on the Cboe BZX Exchange and follow a benchmark that tracks Polkadot’s price in US dollars. Coinbase would serve as its custodian.
Bloomberg Intelligence analyst James Seyffart noted the filing has been met with skepticism.
“This is up there with the most hate I’ve ever seen an ETF filing get,
The 21Shares Polkadot Trust would trade on the Cboe BZX Exchange and follow a benchmark that tracks Polkadot’s price in US dollars. Coinbase would serve as its custodian.
Bloomberg Intelligence analyst James Seyffart noted the filing has been met with skepticism.
“This is up there with the most hate I’ve ever seen an ETF filing get,
MicroStrategy-inspired Ethereum fund to refund depositors after debut flop
MicroStrategy has made a killing selling shares and issuing debt to buy Bitcoin.
An Ethereum-based version hasn’t done as well.
EtherStrategy, a project by a pair of veteran Ethereum developers, will refund depositors after a lackluster launch.
Marketed as MicroStrategy’s blockchain-based, Ether-focused alternative, EtherStrategy had attracted just 270 Ether as of Friday afternoon in New York, despite a 10,000 Ether cap.
“There was not enough interest or demand to justify launching the DAO i
An Ethereum-based version hasn’t done as well.
EtherStrategy, a project by a pair of veteran Ethereum developers, will refund depositors after a lackluster launch.
Marketed as MicroStrategy’s blockchain-based, Ether-focused alternative, EtherStrategy had attracted just 270 Ether as of Friday afternoon in New York, despite a 10,000 Ether cap.
“There was not enough interest or demand to justify launching the DAO i
Kraken shelves Tether USDT, other stablecoins in Europe as MiCA rules take hold
Crypto exchange Kraken is preparing to delist several stablecoins for clients in the European Economic Area as the EU’s Markets in Crypto-Assets Regulation takes full effect.
The exchange announced that it will gradually remove USDT, PYUSD, EURT, TUSD, and UST for EEA users, starting with margin trading restrictions on February 13.
Spot trading will be halted on March 24, with open orders canceled and assets no longer exchangeable for crypto or fiat.
Kraken said the move ensures compliance wi
The exchange announced that it will gradually remove USDT, PYUSD, EURT, TUSD, and UST for EEA users, starting with margin trading restrictions on February 13.
Spot trading will be halted on March 24, with open orders canceled and assets no longer exchangeable for crypto or fiat.
Kraken said the move ensures compliance wi
Tether doubles profit to $13bn and bests Wall Street giants
Tether may be known as the world’s top stablecoin issuer. Yet it is also emerging as a formidable investment fund.
In 2024, the company recorded $13 billion in profit stemming from its holdings of Bitcoin, gold, US Treasury bonds, and other financial instruments, according to an “attestation” released Friday by BDO, an Italian accounting firm.
The performance was more than double the $6.2 billion it notched in 2023.
Tether’s equity — the assets it manages minus its liabilities — surged 185%,
In 2024, the company recorded $13 billion in profit stemming from its holdings of Bitcoin, gold, US Treasury bonds, and other financial instruments, according to an “attestation” released Friday by BDO, an Italian accounting firm.
The performance was more than double the $6.2 billion it notched in 2023.
Tether’s equity — the assets it manages minus its liabilities — surged 185%,
Sequoia and a16z join $1.2bn pile-in for crypto projects as January marks ‘new era’
Venture capital giants are seizing on optimism that has sent crypto prices soaring.
Just weeks into 2025, investors including Sequoia Capital, Paradigm, and Andreessen Horowitz’s crypto unit have piled almost $1.2 billion into 79 projects in the crypto and blockchain sectors.
That’s a 63% increase from January 2024, according to DefiLlama data.
“It’s a new era for crypto, and VCs are excited by the next generation of startups being founded in the space,” Justin Barlow, venture partner at Fact
Just weeks into 2025, investors including Sequoia Capital, Paradigm, and Andreessen Horowitz’s crypto unit have piled almost $1.2 billion into 79 projects in the crypto and blockchain sectors.
That’s a 63% increase from January 2024, according to DefiLlama data.
“It’s a new era for crypto, and VCs are excited by the next generation of startups being founded in the space,” Justin Barlow, venture partner at Fact
UK rule change boosts crypto staking following series of setbacks
British regulators just changed the way they categorise crypto staking.
On Friday, the act of locking up tokens to earn rewards, will no longer be deemed a collective investment scheme in the UK thanks to a regulatory amendment by the UK Treasury.
The change exempts staking from the hefty regulatory burdens usually required of such schemes. It also brings clarity for crypto firms, exchanges, and DeFi protocols that offer staking services.
“It shows that the UK is investing resources in unders
On Friday, the act of locking up tokens to earn rewards, will no longer be deemed a collective investment scheme in the UK thanks to a regulatory amendment by the UK Treasury.
The change exempts staking from the hefty regulatory burdens usually required of such schemes. It also brings clarity for crypto firms, exchanges, and DeFi protocols that offer staking services.
“It shows that the UK is investing resources in unders
Bitcoin to $200,000? Price record hopes surge as supply squeeze tightens
It’s tick, tock for Bitcoin’s supply clock.
The crypto’s available supply is shrinking as investors have withdrawn Bitcoin currently worth $504.4 billion from exchanges in the last five years.
Consequently, Bitcoin’s supply on exchanges has fallen to a seven-year low, according to data from CryptoQuant.
Meanwhile, institutional interest from Wall Street and beyond has pumped demand for the asset.
Market analysts say the situation may trigger a supply shock that could catapult Bitcoin’s price
The crypto’s available supply is shrinking as investors have withdrawn Bitcoin currently worth $504.4 billion from exchanges in the last five years.
Consequently, Bitcoin’s supply on exchanges has fallen to a seven-year low, according to data from CryptoQuant.
Meanwhile, institutional interest from Wall Street and beyond has pumped demand for the asset.
Market analysts say the situation may trigger a supply shock that could catapult Bitcoin’s price
Wallets associated with Silk Road founder Ross Ulbricht lose $12 million in memecoin blunder
Wallets associated with freshly-pardoned Silk Road founder Ross Ulbricht lost $12 million in a memecoin trading mistake.
The error came while trying to sell ROSS — a token created by fans to celebrate his release from prison on January 21 — on Solana-based memecoin trading platform Pump.fun.
Those the wallet accidentally used the wrong settings, causing the tokens to sell at a discount, according to data from blockchain surveillance firm Arkham Intelligence. These wallet addresses are listed f
The error came while trying to sell ROSS — a token created by fans to celebrate his release from prison on January 21 — on Solana-based memecoin trading platform Pump.fun.
Those the wallet accidentally used the wrong settings, causing the tokens to sell at a discount, according to data from blockchain surveillance firm Arkham Intelligence. These wallet addresses are listed f
How a North Korean dev tricked a Solana trading bot team and stole $1.4m
The messages trickled in.
“Hello,” wrote one user in March. “All of my sol and token hacked.”
“Hello my wallet is drained as well,” wrote another.
“Hey, got drained, how to get refund,” texted another.
Soon, more and more panicked users funnelled into the support channel for Solareum, a bot that automatically traded users’ Solana to eke out profits for crypto traders.
One claimed to have lost $30,000 in crypto. Another lost over $200,000.
The Solareum team was at a loss. “There [sic] maybe
“Hello,” wrote one user in March. “All of my sol and token hacked.”
“Hello my wallet is drained as well,” wrote another.
“Hey, got drained, how to get refund,” texted another.
Soon, more and more panicked users funnelled into the support channel for Solareum, a bot that automatically traded users’ Solana to eke out profits for crypto traders.
One claimed to have lost $30,000 in crypto. Another lost over $200,000.
The Solareum team was at a loss. “There [sic] maybe
Experts question whether $20m crypto project has code to back up quantum computing claims
Quantum computing experts are raising the alarm after a crypto project drew in millions from investors by claiming to have made key breakthroughs in the buzzy field.
Tsotchke, which is run by a team of pseudonymous developers, says it uses “spin-based quantum computing” to create quantum-enhanced artificial intelligence.
Yet several experts who work at the intersection of cryptography and quantum computing say they don’t believe that the code the project has released does what its creators say
Tsotchke, which is run by a team of pseudonymous developers, says it uses “spin-based quantum computing” to create quantum-enhanced artificial intelligence.
Yet several experts who work at the intersection of cryptography and quantum computing say they don’t believe that the code the project has released does what its creators say
Bitcoin to $700,000? BlackRock’s Larry Fink, Arthur Hayes, and five other experts on what’s drivi...
Bitcoin will skyrocket in 2025, analysts say.
Market bulls say the crypto’s price will break records, buoyed by pro-industry policies from Donald Trump’s White House.
However, Trump’s return to the Oval Office isn’t the only factor driving the price.
Here’s what experts like BlackRock CEO Larry Fink, Maelstrom Chief Investment Officer Arthur Hayes, and other analysts say will supercharge the price.
BlackRock’s Larry Fink
Fink sent a strong signal about Bitcoin when he spoke at the World Eco
Market bulls say the crypto’s price will break records, buoyed by pro-industry policies from Donald Trump’s White House.
However, Trump’s return to the Oval Office isn’t the only factor driving the price.
Here’s what experts like BlackRock CEO Larry Fink, Maelstrom Chief Investment Officer Arthur Hayes, and other analysts say will supercharge the price.
BlackRock’s Larry Fink
Fink sent a strong signal about Bitcoin when he spoke at the World Eco
Bitcoin jumps as Fed Chair Powell says banks ‘perfectly able’ to serve crypto clients
Federal Reserve Chair Jerome Powell opened the door for banks to start serving the crypto industry — as long as they properly mitigate risks.
“Banks are perfectly able to serve crypto customers as long as they can understand and service the risks,” Powell said at a press conference on Wednesday after the Federal Open Market Committee meeting.
Powell emphasised that if banks want to operate within the Fed’s purview, then clients “have to be pretty sure” their activities are “safe and sound.”
T
“Banks are perfectly able to serve crypto customers as long as they can understand and service the risks,” Powell said at a press conference on Wednesday after the Federal Open Market Committee meeting.
Powell emphasised that if banks want to operate within the Fed’s purview, then clients “have to be pretty sure” their activities are “safe and sound.”
T
Trump cabinet pick Howard Lutnick defends Tether against money laundering claims
When it comes to Tether, Howard Lutnick, President Trump’s pick to lead the US Department of Commerce, has a simple message for critical US senators.
They shouldn’t blame the stablecoin issuer for all the bad actors that use USDT to launder dirty money.
“It’s like blaming Apple because criminals use Apple phones,” Lutnick testified to the US Senate Committee on Commerce, Science, and Transportation during his confirmation hearing on Wednesday.
“It’s just a product. We don’t pick on the US Tre
They shouldn’t blame the stablecoin issuer for all the bad actors that use USDT to launder dirty money.
“It’s like blaming Apple because criminals use Apple phones,” Lutnick testified to the US Senate Committee on Commerce, Science, and Transportation during his confirmation hearing on Wednesday.
“It’s just a product. We don’t pick on the US Tre
Crypto foe and former SEC Chair Gary Gensler returns to MIT
One of crypto’s top adversaries is returning to academia.
Former Securities and Exchange Commission Chair Gary Gensler will return to MIT after a controversial four-year stint at the helm of the regulator. His teaching and research will focus on artificial intelligence, finance, financial technology, and public policy, according to a press release from the prestigious university.
“I’m thrilled to once again collaborate with MIT’s distinguished team of scholars creating a better future for all
Former Securities and Exchange Commission Chair Gary Gensler will return to MIT after a controversial four-year stint at the helm of the regulator. His teaching and research will focus on artificial intelligence, finance, financial technology, and public policy, according to a press release from the prestigious university.
“I’m thrilled to once again collaborate with MIT’s distinguished team of scholars creating a better future for all
‘Whopping’ 40% of fund managers want to invest in altcoins, survey finds
Emboldened by a pro-crypto administration in the US, investment managers are seeking to ramp up their exposure to crypto assets.
A new report from S&P Global’s financial analytics arm, Crisil Coalition Greenwich, reveals that the near-100% adoption of digital assets among fund managers is likely.
The predicted mass adoption isn’t limited to Bitcoin.
The report states that many firms are fine trading five crypto assets or fewer, but a “whopping” 40% of surveyed asset managers — many of whom ov
A new report from S&P Global’s financial analytics arm, Crisil Coalition Greenwich, reveals that the near-100% adoption of digital assets among fund managers is likely.
The predicted mass adoption isn’t limited to Bitcoin.
The report states that many firms are fine trading five crypto assets or fewer, but a “whopping” 40% of surveyed asset managers — many of whom ov
Trump media firm earmarks $250m for new investment platform and ‘move into decentralised finance’
Another company with ties to President Donald Trump is entering the crypto industry.
Trump Media and Technology Group, or TMTG, the venture behind Trump’s social media platform Truth Social, is launching a new financial services company called Truth.Fi.
TMTG’s board of directors approved investing $250 million of the company’s cash holdings into Bitcoin, similar cryptocurrencies, exchange-traded funds, and other investment products that support the “Patriot Economy,” according to a company sta
Trump Media and Technology Group, or TMTG, the venture behind Trump’s social media platform Truth Social, is launching a new financial services company called Truth.Fi.
TMTG’s board of directors approved investing $250 million of the company’s cash holdings into Bitcoin, similar cryptocurrencies, exchange-traded funds, and other investment products that support the “Patriot Economy,” according to a company sta
Crypto.com says the exchange will delist Tether’s USDT in the EU
Crypto.com, the second biggest global crypto exchange after Binance, told European Union users it plans to delist Tether’s USDT, along with nine other assets, to comply with new EU regulations.
The Markets in Crypto Assets Regulation, or MiCA, came into effect in June. It stipulates that any company in the 27-nation bloc must be registered as an electronic money institution to issue a stablecoin.
Because Tether doesn’t have this licence, its USDT stablecoin isn’t compliant with MiCA, and excha
The Markets in Crypto Assets Regulation, or MiCA, came into effect in June. It stipulates that any company in the 27-nation bloc must be registered as an electronic money institution to issue a stablecoin.
Because Tether doesn’t have this licence, its USDT stablecoin isn’t compliant with MiCA, and excha
France opens probe into Binance over money laundering suspicions
The Paris prosecutor’s office announced a new investigation into Binance over suspicions the crypto exchange was used to facilitate tax fraud and to launder money linked to drug trafficking.
The investigation is focused primarily on how Binance implemented know-your-customer policies on the crypto exchange from 2019 to 2024.
“The investigation has revealed that Binance failed to meet its due diligence obligations in the fight against money laundering and the financing of terrorism during the p
The investigation is focused primarily on how Binance implemented know-your-customer policies on the crypto exchange from 2019 to 2024.
“The investigation has revealed that Binance failed to meet its due diligence obligations in the fight against money laundering and the financing of terrorism during the p
Memecoin ETF frenzy signals crypto is ‘testing the limits’ of a post-Gensler SEC
A flood of regulatory filings to launch exchange-traded funds tracking volatile, risky memecoins has shocked the crypto industry.
With Gary Gensler gone and a new, crypto-friendly financial watchdog in place, fund issuers are now placing bets on how freewheeling the new administration will be.
“This is a case of issuers testing the limits of what this SEC is going to allow,” James Seyffart, ETF analyst at Bloomberg, said.
“I’m expecting the new crypto task force, led by Hester Peirce, to like
With Gary Gensler gone and a new, crypto-friendly financial watchdog in place, fund issuers are now placing bets on how freewheeling the new administration will be.
“This is a case of issuers testing the limits of what this SEC is going to allow,” James Seyffart, ETF analyst at Bloomberg, said.
“I’m expecting the new crypto task force, led by Hester Peirce, to like
How crypto gamblers lost more than $100m to memecoins targeting DeepSeek’s fame
DeepSeek, the Chinese artificial intelligence startup that shook US markets on Monday, does not have a cryptocurrency.
The company even says so in a post on its X account.
But that didn’t stop memecoin peddlers from riding DeepSeek’s rise to prominence to flood the market with tokens purportedly linked to the Chinese artificial intelligence startup.
Blockchain security platform Blockaid told DL News that at least 75 malicious DeepSeek tokens were created on Monday ― a threefold increase from
The company even says so in a post on its X account.
But that didn’t stop memecoin peddlers from riding DeepSeek’s rise to prominence to flood the market with tokens purportedly linked to the Chinese artificial intelligence startup.
Blockchain security platform Blockaid told DL News that at least 75 malicious DeepSeek tokens were created on Monday ― a threefold increase from
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
USTariffs
0 views
351 Discussing
Wondering why Trump’s trade wars are dragging down #Bitcoin ? Let me break it down for you 👇🏽
The #TRUMP administration has recently slapped 25% tariffs on imports from Canada and Mexico and 10% on Chinese imports.
The fallout? A direct hit to financial markets. More specifically:
📉 Impact on the #NASDAQ
🔹 Supply chain disruptions → Higher tariffs mean rising costs for U.S. companies, especially in tech, squeezing profit margins.
🔹 Declining global demand → Trade retaliation slows U.S. exports, cutting into the revenues of publicly traded companies.
₿ Impact on Bitcoin:
🔹 Increased risk aversion → Uncertainty drives investors toward gold and other safe-haven assets, sidelining crypto.
🔹 Heightened volatility → Protectionist policies shake up markets, making investors wary of Bitcoin’s unpredictability.
➡️ Bottom line: These economic tensions are fueling uncertainty, weighing down both tech stocks and Bitcoin.
💬 What’s your take? Is this a dip to buy or a warning sign? 🚀👇
#USTariffs #BTC
Tijahraman
0 Likes
1.8k views
BitcoinReserveWave
0 views
3,296 Discussing
AltcoinRevolution2028
0 views
2,454 Discussing
