Crypto News
‘Ahead of Their Time’: Meebits Ethereum NFT IP Sold as New Owner Reveals Bits Rewards
Bored Ape Yacht Club creator Yuga Labs just sold off the Meebits IP, which it acquired from Larva Labs in 2022.Source link
Chinese VC Invests $30 Million in Hong Kong’s Hashkey Group
Bloomberg reports that China’s Gaorong Ventures invested $30 million in Hong Kong’s Hashkey Group, valuing the crypto unicorn near $1.5 billion. Gaorong Ventures Bets on Crypto With $30 Million Investment in Hashkey Gaorong, an early investor in Chinese internet firms such as Meituan and PDD Holdings Inc., has entered the digital asset arena amid growingSource link
SEC Asks Court for Coinbase Case Deadline Extension, Citing ‘Potential Resolution’ Prospects
Attorneys for the U.S. Securities and Exchange Commission hinted at a potential settlement with Coinbase in a late Friday court filing, citing the regulator's new crypto task force.The SEC asked a federal appeals court to extend its deadline to respond to Coinbase, which filed an appeal of a federal judge's ruling last month. District Judge Katherine Polk Failla ruled last year that the SEC had brought a plausible case that Coinbase sold unregistered securities on its platform. The exchange asked the appeals court panel to weigh in on how securities laws might apply to crypto. On Friday, the agency asked for a four-week extension to its deadline (currently set for Feb. 14) to file its response, citing Acting SEC Chair...
Coinbase Pays Aston Martin Aramco Sponsorship Entirely in USDC Stablecoin
Aston Martin Aramco Formula One Team has partnered with cryptocurrency platform Coinbase in a multi-year deal fully paid in USDC stablecoin, marking a first in Formula One history. USDC Stablecoin Fuels Landmark F1 Sponsorship Between Aston Martin Aramco and Coinbase The Aston Martin Aramco Formula One Team rebranded in 2021 under owner Lawrence Stroll, announcedSource link
Pump.fun’s Daily Trading Volume Plummets by 50% From January Peak
Solana-based token launchpad Pump.fun has experienced a significant decline in daily trading volume, dropping by 50% from its January 2025 high. Drop in Trading Volume Could See Pump.fun Lose its Edge Pump.fun‘s daily trading volume hit $270 million on Feb. 13, down approximately 50% from its $544 million peak on Jan. 23. This is accordingSource link