Tether eyes 51% stake in South American firm Adecoagro
Tether plans to acquire a majority stake in South American agribusiness firm Adecoagro, expanding its investments amid record profits and growing financial influence. Go to Source
Month: February 2025
Report: Argentina’s Javier Milei to Be Investigated by the FBI on Libra’s Scandal
Libra’s downfall, a cryptocurrency project that Argentine President Javier Milei posted on social media, is now the subject of an Federal Bureau of Investigation (FBI) probe. The complaint seeks to ascertain the role of Milei, Kip Protocol, and Kelsen Ventures in Libra’s launch. Argentine President Javier Milei Targeted in FBI Probe on Libra The Federal … Read more
Ether reserves on exchanges hit 9-year low as supply shrinks
Diminishing Ether supply on exchanges may signal an incoming price rally driven by a “supply shock,” which occurs when strong buyer demand meets decreasing available ETH. Go to Source
FTX’s $1.2B repayments mark key moment in crypto industry recovery
FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings. Go to Source
Bitcoin ETFs Rebound With $66.19 Million Inflow, Ether ETFs Attract $11.65 Million
Both bitcoin and ether ETFs started the week positively, with net inflows of $66.19 million and $11.65 million, respectively. Fidelity’s FBTC led bitcoin ETF inflows, while Fidelity’s FETH was the primary contributor to ether ETF inflows. Bitcoin and Ether ETFs Kick Off Week With Positive Inflows After a challenging period of outflows, crypto exchange-traded funds … Read more
Chinese Ethereum holder spends $6.8M to warn against mass mind control
A Chinese programmer sent about $6.8 million in ETH to burn addresses and donations, claiming corporations were using mind-control technology to enslave people. Go to Source
Beware the Bitcoin Yield and BTCfi Larps: A Veteran’s Cautionary Tale
Having spent over a decade immersed in the cryptocurrency space, I’ve seen countless projects make grand promises—many touting revolutionary returns and cutting-edge decentralized technology. Today, however, a trend has emerged where “Bitcoin DeFi” or “BTCfi” projects present themselves as decentralized marvels using slick dApps, crypto lingo, and smart contracts. Yet behind the scenes, centralized actors … Read more
OpenSea pauses airdrop reward system after user backlash
OpenSea has paused XP rewards for listing and bidding on collections in its new platform following feedback from the community. Go to Source
Tether Partners With Guinea to Drive Digital Transformation and Economic Growth Through Blockchain Technology
Tether, the largest stablecoin company, announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea on February 17, aimed at accelerating the country’s digital transformation and economic growth through blockchain technology. This strategic partnership will focus on education, innovation, and sustainable technology practices, facilitating the transfer of international knowledge to Guinea … Read more
Javier Milei Denies Responsibility in Libra Debacle: ‘If You Go to the Casino and Lose Money, That’s Your Problem’
Argentine President Javier Milei denied any wrongdoing regarding his involvement in Libra, a cryptocurrency he shared on social media, the price of which tanked hours later. Milei stated that he didn’t endorse Libra and compared this investment to going to the casino. Milei Refers to Investing in Libra as Going to the Casino Argentine President … Read more
