lineojnad

@lineojnad

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Delivered the food & friends talk at brunch this morning and again at dinner tonight. So much gratitude for shared meals and meaningful connections.

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Beyond Solana, total cryptocurrency market capitalization dropped by 20% in February, driven by growing negative sentiment, Binance Research noted.

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”Some of the capital flowed into BNB Chain memecoins, driven in part by CZ’s tweets about his dog, Brocolli,” it added.

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On Feb. 21, the SEC dropped its investigation into OpenSea — one of the leading non-fungible token (NFT) marketplaces after probing the platform to determine whether NFT sales constituted securities offerings.

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The crypto market remains plagued by wash trading, fake volume and pump-and-dump schemes. The 2025 Chainalysis report estimates that $2.57 billion in illicit trading volume was artificially generated in 2024.

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Recent innovations in stablecoins include the launch of 1Money, a layer-1 payments network that supports multicurrency transactions.

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More than two-thirds of the existing Bitcoin layer-2 projects will cease to exist within three years as their initial excitement fades, said Muneeb Ali, co-founder of Stacks.

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Taking the $55 billion figure saved in the first 30 days of Trump’s administration at face value, DOGE would seem well on its way to meeting the $2 trillion target, but some have doubted whether the organization is accurately reporting how much it has cut.

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https://warpcast.com/cradac3/0x6c0d62c1

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Studying Bitcoin’s underlying technology and economic impact could strengthen central banks despite past hesitancy from financial institutions concerned about its volatility, according to Aleš Michl, governor of the Czech National Bank (CNB).

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The Hong Kong Securities and Futures Commission (SFC) has introduced a new roadmap aimed at positioning the city as a global cryptocurrency hub.

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https://warpcast.com/irracig2/0x10b8c522

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On Feb. 19, Mantra Finance announced that it secured a VASP license from VARA to operate as a digital asset exchange and provide broker-dealer, management and investment services.

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DOGE, for its part, maintains that it has always used the correct number and that discrepancies can occur occasionally, which it aims to quickly correct.

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Further, many claim the cuts are ill-informed or reflect personal grievances that Musk himself may have with certain government agencies.

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Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.

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The Blockchain Association, representing 76 cryptocurrency organizations, called on congressional leaders to support Senator Ted Cruz in repealing the Internal Revenue Service’s (IRS) decentralized finance (DeFi) broker rule.

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On Feb. 19, the Blockchain Association sent a letter to Senate Majority Leader John Thune, Senate Minority Leader Chuck Schumer, House Speaker Mike Johnson and House Minority Leader Hakeem Jeffries urging the repeal of an anti-crypto regulation finalized during the final days of the former President Joe Biden’s administration.

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The letter was signed by major crypto organizations, including 0x Labs, a16z Crypto (Andreessen Horowitz’s crypto division), Aptos Labs, Crypto.com, Grayscale, Dapper Labs and Ava Labs.

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The letter advocates supporting Cruz’s Congressional Review Act (CRA) resolution, S.J.Res. 3, which seeks to repeal a regulatory rule that expands the definition of a “broker” under US law to include software providers that enable access to DeFi protocols.

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