Crypto News

Crypto venture capital (VC) funding is expected to recover this year as regulatory clarity and more crypto-friendly policies emerge during the tenure of President Donald Trump, JPMorgan (JPM) said in a research report Wednesday.The Wall Street bank noted that venture funding for the industry has been subdued in recent years. This may have been due to enforcement actions by the U.S. Securities and Exchange Commission (SEC) and the climate of regulatory uncertainty during the previous administration, analysts led by Nikolaos Panigirtzoglou wrote.The start of the EU's Markets in Crypto Assets (MiCA) regulations, which came into force at the end of December, is expected to "further bolster VC engagement," the report said.Still, the level of funding is unlikely to match previous...

Ethereum scaling plans and network applications should start supporting the network’s native ether (ETH) to further bump value for the asset, co-founder Vitalik Buterin wrote in a post on Friday.“We should pursue a multi-pronged strategy, to cover all major possible sources of the value of ETH as a triple-point asset,” Buterin said as part of a longer post on layer-2 scaling, security and interoperability. “Agree broadly to cement ETH as the primary asset of the greater (L1 + L2) Ethereum economy, support applications using ETH as the primary collateral.”Buterin called for implementing incentives for layer 2 networks to allocate a portion of their fees to ETH using mechanisms like burning fees, staking them permanently, or directing proceeds towards public goods...

Ivanka Trump, President Trump’s daughter, has alerted the public about a fake meme coin being launched without her permission. Through social media channels, Trump stated that she had no links to this token and that she was evaluating taking measures to stop the misuse of her name. Meme Coin IVANKA Launched: Trump Warns She HasSource link

Interblockchain settlements protocol THORChain paused bitcoin (BTC) and ether (ETH) withdrawals on its lending and savers programs to prevent a potential insolvency risk.Network node operators proposed and implemented a 90-day pause in early Asian hours on Friday, to formulate a plan to resolve debts, messages from THORChain's Telegram channels show.THORChain's lending program only has BTC and ETH, but its saver vaults support more assets.A potential insolvency situation could be created if all loans and savers positions were closed and repaid at exactly the same time, and if market sentiment also caused a steep decline in RUNE.THORChain meets its lending obligations by minting RUNE and selling it into liquidity pools. As such, deposits had been turned off a year ago as...

President Donald Trump has signed an executive order aimed at elevating America’s leadership in digital asset innovation and blockchain technology. Issued on Jan. 23, 2025, this directive outlines a vision to cultivate a responsible digital economy, refine regulatory frameworks, and safeguard financial independence. Trump Signs Executive Order Advancing U.S. Leadership in Digital Assets The ExecutiveSource link