Cipher Mining secures a $50 million investment from SoftBank to expand its high-performance computing data centers, solidifying its role in industrial-scale infrastructure.  Tech Giant Becomes Key Stakeholder in Bitcoin Mining Firm  Cipher Mining Inc. (NASDAQ: CIFR) has secured a $50 million private investment from SoftBank Group Corp., positioning the technology-focused investor as a key stakeholder…
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World Liberty Financial (WLFI), a crypto investment firm backed by the Trump family, has seen its portfolio decline by $51.7 million following the announcement of new import tariffs by U.S. President Donald Trump.   The downturn, which represents a 21% loss on WLFI’s recent $242.77 million crypto investment, underscores the broader market reaction to the policy…
Jordan's government (JSC) has taken a significant step toward regulating digital assets by approving an initiative to develop a comprehensive regulatory framework within the year. The initiative aims to align Jordan's regulations with global standards, creating a secure environment for digital asset trading while enhancing the country's digital economy.  Regulatory Framework to Be Developed by…
The Securities and Exchange Commission (SEC) of Thailand is set to introduce a new trading system for digital tokens, leveraging distributed ledger technology (DLT) to enhance market efficiency and attract securities firms into the digital asset space, according to local reports published on February 3.  Notably, Jomkwan Kongsakul, deputy secretary-general of the Thai SEC, stated…
The Arkansas Senate has rejected a bill banning bitcoin mining near military bases, keeping digital asset operations unrestricted despite national security concerns.  Legislators Vote Against Restricting Digital Asset Mining Operations  The Arkansas Senate has rejected Senate Bill 60, which sought to ban bitcoin mining operations within 30 miles of military facilities due to national security…
21Shares files for Polkadot ETF with the SEC, aiming to offer direct exposure to DOT with secure asset management.
Switzerland’s largest bank, UBS, has completed a proof-of-concept (PoC) using ZKsync Validium, an Ethereum layer-2 (L2) solution, to enhance its fractional gold investment product, UBS Key4 Gold. Notably, the pilot aims to address scalability, privacy, and interoperability challenges in digital gold trading.  https://twitter.com/zksync/status/1885329177446133998  Swiss UBS: Enhancing Scalability and Security  The PoC was conducted on a ZKsync…
FTX Trading Ltd. (d/b/a FTX.com) and the FTX Recovery Trust have reached a settlement with venture capital firm K5 Global, resolving litigation initiated in June 2024. The agreement, announced on January 31, allows FTX to retain its investment in K5’s funds, which is expected to support ongoing creditor recovery efforts.  “Today’s settlement reflects another mutually…
The 11 Bitcoin ETFs continued a trend of heavy positive inflows on Friday. The ETFs pulled in $318 million for the day a slight reduction from the $588 million inflow it recorded on Thursday.   The Bitcoin ETFs have recorded only one day of net outflow in thirteen trading days.  This highlights strong investor activity and…
Bloomberg Analyst and Exchange Traded Fund Expert James Seyffart predicted XRP ETFs would be launched in 2025 following moves made by major asset managers.   Seyffart’s prediction follows Grayscale's recent filing for XRP Exchange Traded Funds. Grayscale joins the growing list of asset managers exploring ETF products for other crypto assets outside Bitcoin and Ethereum.   Grayscale…
