Digital Asset Treasuries
Crypto
Eigen Foundation pledges 1% of EIGEN token equaling $80M to support Ethereum development
The Eigen Foundation aims to sustain and advance Ethereum's core development through its donation.
Exchanges
Gate io denies hacking rumors amid its GateToken rally to new ATH
Gate.io stated that it remains fully operational with assurances of $10 billion reserves against unfounded exploit claims.
Ethereum
Ethereum supply squeeze and ETF demand set stage for $5,000 breakout
CryptoQuant's analysis ties Ethereum's potential comeback to 2021 levels.
Tokenization
AVAX rises 10% after Avalanche Foundation raises $250M in preparation for blockchain upgrade
Avalanche's multi-chain model attracts institutional giants amid funding and scalability advancements.
Exchanges
Binance dominates 2024 with $21.6 billion deposits and record 250 million users
The impressive deposit figures at Binance underline the platform's growing allure for institutional investors.
Regulation
Australia’s ASIC fines Kraken operator Bit Trade $5M for regulatory breaches
Justice Nicholas highlighted Bit Trade's revenue priorities over regulatory obligations.
Tokenization
Donald Trump linked World Liberty Financial purchases $12 million Ethereum, Chainlink, and Aave
WLFI's asset choices fuel speculation of alignment with pro-crypto agenda under Trump's incoming administration.
Technology
LongGame launches $40M fund to add 30 years to human lifespan with biotech and blockchain
Harbone plans to use blockchain tools like DAOs to bridge the life sciences and decentralized tech, enhancing drug discovery processes.
Exchanges
Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange
Coincheck's Nasdaq debut strengthens US-Japan crypto ties, raising expectations for favorable regulatory shifts in digital assets.
Investments
Hong Kong lawmaker questions government’s stance on Bitcoin amid rising global significance
Hong Kong examines Bitcoin's potential amid government fiscal reserve considerations.
Crime
Crypto user loses $7.8 million in SolvBTC as phishing scams surge on social media
Sophisticated social engineering and malware tactics hike crypto phishing scams on social media.
Bankruptcy
FTX recovers $14.5 million through political donation settlements
Political entities return millions in donations as FTX continues its quest to reclaim assets from Bankman-Fried's sprawling influence campaign.