thmadex

@thmadex

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224 Followers

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Rainy day, stuck indoors. My dog is bored, lying on the floor, staring at me.

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Binance Alpha grind never stops. Staying ahead of 10k+ users is crucial – can’t afford to fall behind. Noticed B² Network’s TGE making waves. Been with B² since early days, participated in every phase. Expected airdrop sell-off, but post-launch price held strong after initial dip. Last VC round valued at 200M,currentFDVonly140M – textbook low-start, high-momentum play. Their $300M TVL doesn’t lie. Underrated fact: B² is Babylon’s finality provider, quietly building in BTC ecosystem. Currently #1 in 24h volume on BSC, stable price action. With 0.01% pool fees, it’s a prime Alpha points target. Time to stack.

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The FBI confirmed earlier industry investigation that North Korea was responsible for the hack, which the US law enforcement agency dubbed as “TraderTraitor” in a Feb. 26 public service announcement.

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Despite having nothing to specifically do with crypto exchange FTX, after SBF’s post, FTT surged briefly from $1.63 to over $2, representing a roughly 30% increase, according to CoinMarketCap.

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This perhaps comes as no surprise, given that US President Donald Trump gave Solana a significant endorsement by choosing it as the home for his viral memecoin, TRUMP. An ETF is, however, a much bigger deal because it will propel Solana into the world of traditional finance. And the chances of approval are good: Polymarket traders currently assign an 85% likelihood to a fall launch.

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Crypto ETF issuer Bitwise predicted in December that at least five crypto unicorns would go public in 2025: stablecoin issuer Circle, crypto exchanges Kraken and Figure, plus crypto bank Anchorage Digital and blockchain analytics firm Chainalysis.

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It could join several other major crypto firms considering a foray into the public equity markets in 2025.

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BitGo provides regulated crypto custody, lending and infrastructure services to US institutions and claims to have $100 billion in assets under custody.

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It comes after Bloomberg reported on Feb. 11 that BitGo was in talks with investment banks for a potential public launch in the second half of 2025. However, deliberations are reportedly ongoing, and no final decision has been made.

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Last December, BitGo announced it was launching a global version of its digital assets solutions for retail investors, similar to crypto exchange platforms, including trading, staking, and wallet services.

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The platform also has a $250 million insurance coverage and offers venture capitalists and hedge funds the chance to buy and sell locked layer-1 tokens, according to BitGo.

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Ripple still faces legal troubles following a Securities and Exchange Commission (SEC) case filed against the blockchain firm over XRP in 2020. In August 2024, a judge found Ripple liable for $125 million, but both the SEC and the company’s legal team have filed appeals currently being considered by judges in the Second Circuit.

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The licensing approvals followed Ripple CEO Brad Garlinghouse’s announcement in December that the New York Department of Financial Services approved the firm’s RLUSD stablecoin, which the company plans to list on crypto exchanges.

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Regulators in both US states could have more significant influence over crypto firms should adoption increase due to many mining companies being based in Texas and digital asset businesses operating in New York.

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“Texas and New York have defined regulations and stringent licensing requirements with robust compliance standards and regulatory oversight,” said Ripple.

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In a Jan. 27 notice, Ripple said financial regulators in Texas and New York had approved money transmitter licenses for the payments firm, which reported holding more than 50 licenses across different jurisdictions. According to the blockchain firm, the licensing would allow it to offer users a cross-border payment solution in the US.

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Blockchain payments firm Ripple Labs said it had secured money transmitter licenses in the US states of Texas and New York.

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In October, US regulators said they had collected over $19 billion in lawsuit settlements from crypto companies up to that point, representing almost two-thirds of all settlements to date.

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Earlier this month, rival crypto exchange BitMEX was ordered to pay $100 million and hit with two years of unsupervised probation for failing to comply with US Anti-Money Laundering laws.

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“I appreciate the DOJ’s constructive approach in reaching this resolution, which reflects my lack of any intent to violate US law or involvement in money laundering, fraud, or similar criminal actions,” Gan said.

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