Month: February 2025
USDT won’t last forever, says Tether CEO Paolo Ardoino
The CEO of Tether, the company behind USDT has said the stablecoin will one day become obsolete in a shocking revelation. Ardoino stated this during a podcast on 27 February, saying that a financial reset is in the pipeline that will make fiat currencies useless, including USDT. He added that Bitcoin will then become the […]
Jack Dorsey’s Bitcoin firm rolls out new way to claim dead people’s assets
Jack Dorsey’s Bitcoin firm, Block has created a way for named beneficiaries to claim Bitcoin after investors pass. In a blog post on 26 February, the firm, through its mobile wallet arm, Bitkey said the inheritance feature solves a long-standing problem in the crypto space by letting users name a beneficiary to claim their coins […]
Second-largest U.S. bank says it’ll launch stablecoin once legislation allows
The second-largest American bank, Bank of America, says it will launch a stablecoin once legislation allows it. Speaking during an interview at the The Economic Club of Washington, D.C., on 25 February, the bank’s CEO Brian Moynihan said it is only a matter of time before the bank releases the stablecoin which depends on legislation. […]
Justin Sun says HTX is ‘actively’ using DeepSeek to build crypto products
HTX global advisor Justin Sun has revealed that the exchange is using DeepSeek to build new products that will entrench AI in the crypto industry. The company in a press release on 26 February said Sun, who is also the founder of Tron revealed the plans during the Consensus Hong Kong crypto conference. Sun highlighted […]
Tron to roll out gas-free USDT transactions ‘within the next week’
Proof-of-Stake network Tron is set to roll out gas-free USDT transactions on its blockchain within the coming week. Founder of the network Justin Sun announced this in a tweet on 25 February, calling on wallets that wish to support the new feature to show interest. When implemented, USDT transactions can be conducted on the Tron […]
Kanye West set to launch memecoin with 70% of tokens reserved for him
Former rapper Kanye West, currently known as “Ye” is preparing to launch a memecoin known as YZY. According to a tweet by a crypto influencer on 21 February, Ye plans to reserve 70% of the token supply for himself while investors and liquidity get 30%. The news has sparked curiosity among X users who are […]
SEC approves first yield-bearing stablecoin as public security
The Securities and Exchange Commission (SEC) in the U.S. has approved the first yield-bearing stablecoin as a registered public security. A press release on 20 February shows that the stablecoin was launched by decentralized finance leader Figure Markets. The stablecoin known as YLDS is offered through Figure Markets’s wholly owned subsidiary, Figure Certificate Company. How […]
Warning: This new Bitcoin Lightning bug allows attackers to steal your BTC remotely
A bug in the Bitcoin Lightning network is allowing attackers to steal BTC remotely from affected lightning nodes. A Bitcoin developer raised an alarm on the bug on 19 February, saying it affected those using LND older than 0.18.5 and or LITD older than 0.14.1, giving attackers access to drain their lightning nodes. How to […]
VanEck executive claims Jack Dorsey is Satoshi Nakamoto
The head of digital asset research at VanEck, Matthew Sigel has claimed that X Founder and former CEO Jack Dorsey is Satoshi Nakamoto. In a long tweet on 18 February, Sigel gave details of why he thinks Jack Dorsey could be the long disputed Bitcoin creator. He said there are a combination of technical parallels, […]
Top Chinese e-motorcycle brands become first to adopt DeepSeek in two-wheelers
Two Chinese electric motorcycle makers Ninebot and Niu Technologies say they have become the first to integrate DeepSeek in motorcycles. According to a local media outlet on 17 February, the two companies made the move in the midst of a huge race to use the AI bot in vehicles in China. Plans for deep integration […]