Ethereum Co-founder Reiterates Support for Roman Storm, Citing Privacy

Vitalik Buterin, co-founder of the Ethereum blockchain, has doubled down on his support of Tornado Cash developer Roman Storm, who could be retried on two felony charges sometime this year. In a Friday X post, Buterin warned his followers about privacy from both the public and governments, adding that he had used Tornado Cash to…

Bitcoin Steadies as ETF Flows Reverse and Altcoins Reprice

Cryptocurrency markets experienced a limited recovery this week as investor liquidity gradually returned after the holidays. Bitcoin (BTC) topped a weekly high of $94,458 on Monday, before declining to about $90,937 at the time of writing on Friday. US spot Bitcoin exchange-traded fund (ETF) demand saw a sharp reversal after $1.1 billion in inflows on…

Ripple Gains UK Regulatory Approval Via Local Arm

Cryptocurrency company Ripple is expanding its regulatory footprint after securing authorization from the United Kingdom’s Financial Conduct Authority (FCA). The FCA granted Ripple’s UK subsidiary, Ripple Markets UK, an Electronic Money Institution (EMI) registration and registered it under the UK’s Money Laundering Regulations (MLRs), according to official records. The EMI license allows companies to provide…

Grayscale Forms Trusts for Potential BNB and HYPE ETFs

Asset manager Grayscale has taken an early step toward expanding its crypto investment lineup by forming new Delaware statutory trusts tied to potential products linked to BNB and HYPE, according to state records. According to Delaware records, the trusts were registered on Thursday. They list CSC Delaware Trust Company as their registered agent. Such trust formations…

Nike Quietly Sells RTFKT After NFT Studio Shutdown

Footwear conglomerate Nike has quietly offloaded RTFKT, the digital collectibles studio it acquired at the height of the non-fungible token (NFT) boom, according to a report by The Oregonian.  The transaction reportedly happened in December, though neither the buyer nor the financial terms have been disclosed. The quiet exit happened almost a year after Nike…

Sharplink Pockets $33M From Ether Staking, Deploys Another $170M

Public companies and crypto-focused treasury firms are increasingly turning to staking as a source of passive income. Sharplink Gaming, the world’s second-largest corporate Ether (ETH) holder, generated 10,657 Ether ($33 million) in passive yield on its staking operations during the past seven months, according to the company’s dashboard. Staking allows investors to earn passive income…

Babylon Code Vulnerability Risks Block Production Slowdown

A newly disclosed software flaw in the Bitcoin staking protocol Babylon may allow malicious validators to disrupt parts of the network’s consensus process, potentially slowing block production during key periods, according to developers. The vulnerability affects Babylon’s block signature scheme, known as the BLS vote extension, which is used to prove that validators have agreed…

FCA Opens UK Crypto Licensing Gateway Under New Regime

Financial authorities in the United Kingdom set a timeline for a new crypto licensing regime, requiring aspiring companies to seek full authorization before the framework comes into force. Crypto asset service providers (CASPs) will be able to apply to enter the UK under the crypto licensing regime starting this fall, the Financial Conduct Authority (FCA)…

Bitcoin holds near $90,000 as trading volumes shrink, altcoins diverge: Crypto Markets Today

Bitcoin remained near $90,000 as trading volumes fell. Thin liquidity fueled choppy price action across major cryptocurrencies, while altcoins were mixed. Source link

Zcash Developers Launch CashZ Wallet After Leaving ECC

Developers of privacy-focused Zcash have announced they’re already working on a new wallet for the cryptocurrency, less than a day after their high-profile exit from Electric Coin Company. “The team from the Electric Coin Company that launched Zcash, and created the Zashi wallet, is now launching a new wallet for Zcash, using the same Zashi…