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news-imageFebruary 11, 2025

Crypto advocates call for post-Biden clarity on digital asset regulations

Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.
Publisher: Cointelegraph
Sentiment: Neutral
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Negative
cover-imageBitcoin
February 11, 2025

Bankrupt FTX Sets Initial Payout Date for 2025, Partners With Bitgo and Kraken

FTX will initiate repayments to Convenience Class creditors on Feb. 18, 2025, nearly three years after its November 2022 bankruptcy filing. FTX Creditors to Receive First Distributions Starting Feb. 18, 2025 Eligible creditors in FTX's Convenience Classes can expect funds within 1-3 business days starting Feb. 18, according to a Feb. 7 announcement.

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Neutral
cover-imageCrypto news
February 11, 2025

Binance and SEC file to stay case for 60 days

Plans to scale back crypto enforcement at the U.S. SEC materialized in court with a filing to resolve a complaint against Binance, the largest crypto exchange.

general-iconGeneral
Positive
cover-imageCrypto Economy
February 11, 2025

Solayer Announces LAYER Airdrop— Everything You Need to Know

TL;DR The LAYER airdrop will begin at 12:00 PM UTC on February 11, 2025, and will remain open for 30 days until 12:00 PM UTC on March 4, 2025. LAYER tokens from the Genesis Drop will be unlocked immediately, and more tokens can be claimed over the next six months.

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Neutral
cover-imageUToday
February 11, 2025

Bank of England Still Exploring CBDC

Andrew Bailey, the new governor of the Bank of England, has clarified that the central bank is still looking into the possibility of creating a central bank digital currency (CBDC).

general-iconGeneral
Positive
cover-imageCrypto Economy
February 11, 2025

Santiment: Layer-1 Assets Gain Momentum as Memecoin Speculation Fades

TL;DR According to Santiment, investors have shifted their focus from memecoins to Bitcoin and layer-1 networks, prioritizing assets with solid fundamentals. The 78% drop in the TRUMP token reflects the risks of investing in cryptocurrencies with no clear utility. Lower speculation and increased interest in blockchain infrastructure suggest a more stable and balanced market.

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Positive
cover-imageCrypto news
February 11, 2025

Stool Prisondente goes live on Poloniex, expanding CEX listings

Poloniex has just listed Stool Prisondente, following recent listings on Kraken and MEXC. Poloniex has just listed the Stool Prisondente (JAILSTOOL), with trading against USDT starting on Feb.11 at 07:00 UTC.

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Negative
cover-imageThe Daily Hodl
February 11, 2025

Changpeng Zhao Says Binance's Listing Process Is ‘Broken' Following New Memecoin Listing

Changpeng Zhao thinks Binance's crypto asset listing process is “a bit broken.” Zhao, who co-founded the exchange, recently took to the social media platform X to discuss Test (TST), a test token launched by the BNB Chain team for a tutorial video on how to create memecoins using its Four.meme launchpad platform.

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Neutral
cover-imageUToday
February 11, 2025

Binance and US SEC Agree to Pause Lawsuit for 60 Days: Details

The U.S. Securities and Exchange Commission (SEC) and crypto trading platform Binance recently filed a joint action regarding their ongoing litigation. Specifically, this joint action aims to halt the agency's lawsuit against the exchange for 60 days.

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Neutral
cover-imageCryptoSlate
February 11, 2025

SEC and Binance pause legal battle amid new crypto regulatory task force

The US Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day suspension of their ongoing lawsuit, according to a Feb. 10 filing. Both parties explained that this decision was made because the SEC established a dedicated crypto task force under Acting Chair Mark Uyeda.

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Positive
cover-imageCryptonews
February 11, 2025

Wall Street Banks Expand Crypto Ties Amid Trump's Pro-Crypto Stance: Report

Wall Street banks like Morgan Stanley and Bank of America are increasing their crypto involvement, anticipating IPOs under a pro-crypto Trump administration. The post Wall Street Banks Expand Crypto Ties Amid Trump's Pro-Crypto Stance: Report appeared first on Cryptonews.

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Negative
cover-imageCryptopolitan
February 11, 2025

Top US Supreme Court lawyer detained after secret $6M crypto moves

SCOTUSblog co-founder and former Supreme Court lawyer, Tom Goldstein was reportedly detained over crypto transfers amid a tax evasion case. A Maryland judge ruled that he violated pretrial release terms in the case tied to his high-stakes poker playing.

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Negative
cover-imageBitcoin
February 11, 2025

$2.5M in Crypto Assets Seized in Thai Scam Raid

Two Chinese nationals were arrested in Thailand on Feb. 5, after a joint Thai-Chinese operation seized $2.5 million in USDT and other assets worth over $100,000. Scam Masterminds Linked to Human Trafficking A recent joint operation by Thai and Chinese law enforcement resulted in the seizure of $2.

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Negative
cover-imageCoinPedia
February 11, 2025

Grayscale Faces Legal Pressure as Osprey Funds Seeks to Reconsider Its ETF Ruling

The legal scene between Osprey Funds and is heating up again. Asset manager Osprey Funds is asking a Connecticut state judge to reconsider his decision that favored Grayscale in an ongoing lawsuit over unfair trading practices. This case revolves around claims that Grayscale misled investors about converting its Bitcoin trust into an exchange-traded fund (ETF).

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Negative
cover-imageCointelegraph
February 11, 2025

SEC and Binance seek 60-day pause in crypto case

The SEC and Binance filed a joint motion to pause their legal case for 60 days, citing the newly formed SEC Crypto Task Force's potential impact on regulations.

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