Crypto News. January 13, 2025
The former New York City mayor, Eric Adams, promoted NYC Token on Monday, after it hit $500M MC, he withdrew liquidity, crashing it 80% and he reportedly made $3.5M
Standard Chartered is readying a crypto prime brokerage business within its Standard Chartered ventures unit
President Trump declared that nations doing business with Iran will be subject to a 25% tariff on all trade with the United States
Micheal Saylor’s Strategy acquired additional 13,627 BTC for ~$1.25 billion
Dubai bans privacy tokens and are setting more tight rules on stablecoins. A new development to their crypto currency regulation.
Mezo has launched its airdrop for BTC borrowers on EVM lending platforms. Eligibility is based on historical on-chain activity on specific platforms, and registration for the airdrop is open.
BitGo has filed to raise $201 million in an initial public offering, offering 11 million shares of Class A common stock, plus 851,595 shares from existing investors, at a price range of $11 to $17 per share
Bitmine bought another 24,266 ETH, as its holdings approach 4.2 million ETH worth $13 billion.
Sharps Technology a Solana treasury company, has selected Coinbase to power its internal validator operations.
World Liberty Markets went live with lending and borrowing marketplace, marking its entry into crypto credit markets powered by Dolomite
TON token treasury AlphaTON Capital Corp has secured $46 million for AI compute infrastructure, aiming to expand its chip fleet and scale the decentralized, Telegram-native Cocoon AI network.
CFTC Chair Michael Selig launched an innovation advisory committee to gather expertise and recommendations on financial markets as the agency shapes its approach to crypto and prediction markets
Bakkt to acquire Distributed Technologies Research, enhancing global stablecoin payments and financial infrastructure
Senators Lummis and Wyden introduced a bill to protect crypto developers as part of broader digital asset legislation. The bill clarifies that software developers who do not control users’ funds are not considered money transmitters.
South Korea’s Digital Assets Exchange Alliance opposed Government Plans to Cap Major Shareholder Stakes in Crypto Exchanges at 15% to 20%.