sonsnv9

@sonsnv9

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Waking up from a nap Listening to music Sipping coffee Each one is pure joy.

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This is strange on several levels. For one, the arguments for appeal on Ripple are similar to those at issue in a parallel Coinbase interlocutory appeal that Southern District of New York Judge Katherine Polk Failla certified back in January. The SEC let that one go, dismissing the case on Feb. 27, 2025.

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As of writing time, the Ripple case has been silent since Jan. 31, 2025. The SEC has methodically dismissed virtually every cryptocurrency action and investigation on its docket, yet Ripple has remained mysteriously stuck.

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Voelkel also emphasized that Europe is not lagging behind the United States in crypto adoption, while admitting that the US has done better regarding artificial intelligence developments.

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“That’s why I think tokenization is so interesting,” he added, pointing to the ease at which blockchain tech can list assets and tap into global liquidity.

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Citi, an investment bank, expects continued adoption of stablecoins to propel digital asset performance in 2025, particularly for altcoins.

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Through an onchain investigation, Chainalysis found that KB Vostok sold drones with the help of local exchanges:

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The US sanctions on Russia were aimed at reducing the use of crypto in funding the war against Ukraine, illicit cyber activities and organized crime networks. However, KB Vostok OOO, a sanctioned Russian unmanned aerial vehicle (UAV) manufacturer, managed to circumvent the financial blockade.

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While the total number of sanctioned entities went down in 2024, the financial footprint of the organizations remained substantial.

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In 2024, OFAC’s crypto-related sanctions moved beyond individuals and small groups to target the financial infrastructure supporting illicit activity, as shown in the graph below:

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According to the report, residents of sanctioned jurisdictions like Iran turned to cryptocurrency amid restrictive economic environments. As a result, Iranian centralized exchanges (CEXs) recorded a surge in both usage and outflows, “with transaction patterns suggesting capital flight.”

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Jurisdictions and entities sanctioned by the US Office of Foreign Assets Control (OFAC) received $15.8 billion in cryptocurrency transactions in 2024, accounting for 39% of all illicit crypto activity that year, according to a report by blockchain analytics firm Chainalysis.

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CoinGecko’s report examined gas fees earned by blockchains from Jan. 1, 2023, to Dec. 31, 2024.

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Meanwhile, Solana saw the most significant spike, with an increase of 2,838% in its annual fee earnings, from $25 million in 2023 to $750 million recorded in 2024. This came off the back of the memecoin craze, which also pushed the Solana network to a record 100 million active wallets in October.

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Bitcoin also experienced growth, increasing its annual fee earnings in 2024 by 16% compared to 2023.

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Tron saw a bump in fee earnings compared to 2023, with a 116.7% increase in fee earnings from $922.08 million in 2023.

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In total, across 21 layer-1 protocols, $6.60 billion in fees was collected, while layer 2 blockchains collectively raked in $294 million, according to CoinGecko.

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Ethereum core developer Eric Conner announced his departure from the community on Jan. 21 after Buterin dismissed calls for a leadership shakeup and claimed sole authority over the Ethereum Foundation.

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Ethereum co-founder Vitalik Buterin announced significant changes to the Ethereum Foundation’s leadership on Jan. 18 to improve communication between the foundation and builders in the ecosystem.

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“This was also Ethereum’s highest earning quarter in the last two years, driven by increased onchain activity amid widespread airdrop programs,” Lim said.

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