US, UK, Australia sanction Zservers for hosting crypto ransomware LockBit
Ten countries launched a joint operation to disrupt LockBit in February 2024, saying the group had caused billions of dollars in damage to individuals and key infrastructure.
US and UK decline to sign international agreement for ethical AI
The US and UK snubbed signing an international AI agreement, with US Vice President JD Vance claiming that “excessive regulation of the AI sector could kill a transformative industry.”
Altcoins ‘hardly sold off’ as Fed casts doubt over future rate cuts
Federal Reserve Chair Jerome Powell says there’s “no need to hurry” on rate cuts — but this didn’t trigger much of a crypto sell-off, leading to one analyst to call a market bottom.
Goldman Sachs boosts Ethereum ETF holdings by 2,000%, Bitcoin ETFs to $1.5B
Goldman Sachs increased its spot Ether ETF position by over 2,000% to $476 million in Q4 2024, while its Bitcoin ETF stashed more than doubled to $1.5 billion.
Franklin Templeton registers Solana Trust in Delaware
Franklin Templeton has registered a “Franklin Solana Trust” in Delaware, indicating it may soon file for a spot Solana ETF alongside a host of other bidding issuers.
Former CFTC chair criticizes STABLE Act amid calls for urgent regulatory clarity
Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.”
Coinbase expected to see 109% YoY revenue increase for Q4 — Coin Metrics
Trading activity has surged since the November US elections, a good sign for crypto exchanges.
Fed chair says he will not launch a digital dollar
Jerome Powell, who has served as chair of the Federal Reserve since 2018, made a guarantee to lawmakers in the Senate regarding a US central bank digital currency.
Solana (SOL) price softens as onchain volumes drop 28% in a week
Solana price falls below $200 as the network’s onchain activity drops, but investors’ anticipation of a spot SOL ETF could prompt a recovery.
SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.