Arthur Hayes, co-founder of BitMex, has urged Ethereum’s Vitalik Buterin to consider a rollback of the blockchain to recover nearly $1.4 billion stolen from Bybit. While technically feasible, experts warn that such a move could disrupt the interconnected network and undermine Ethereum’s decentralization principles. The hack involved the manipulation of Bybit’s cold wallet, leading to the transfer of Ether to an unidentified address, raising concerns about the implications of a rollback on the broader ecosystem.
about Ethereum Faces Dilemma Over Bybit Hack Recovery ProposalFrank's International N.V.
0 in Finance and 0 in Crypto last weekEthereum Price Volatility Sparks Interest in New Project Remittix RTX
Ethereum’s price remains volatile, yet thirteen new mega whales have entered the market, indicating confidence in its potential. Meanwhile, Donald Trump’s substantial Ethereum holdings have sparked investor interest as his media group ventures into digital assets. Emerging projects like Remittix (RTX) aim to transform cross-border payments by integrating cryptocurrencies with traditional banking, offering a flat-rate pricing model and real-world utility, making it a compelling alternative for investors.
about Ethereum Price Volatility Sparks Interest in New Project Remittix RTXEthereum February Outlook Whales and Resistance Levels in Focus
Ethereum is poised for a potential rebound in February, historically averaging a 17% gain, with key resistance at $4K. Whale activity remains subdued, indicating an organic rally, while significant buying from Trump’s World Liberty Fi adds bullish sentiment. Analysts caution about a possible dip, with a head-and-shoulders pattern suggesting a fall to $2,900 could occur, but sustained growth above $3,500 could signal a larger bull run.
about Ethereum February Outlook Whales and Resistance Levels in FocusSolana Rallies as Trump Ventures into Cryptocurrency Market
Solana’s price surged 6% to around $241, driven by speculation surrounding Trump Media & Technology Group’s new venture, Truth.Fi, which plans to invest $250 million in digital assets. This has sparked interest in low-cap coins like Solaxy, which raised over $16 million in presale and aims to address Solana’s scalability issues with a cross-chain approach. Market sentiment is shifting positively, with Bitcoin and Ethereum also seeing gains, as the Crypto Fear & Greed Index indicates a return to “Greed” territory.
about Solana Rallies as Trump Ventures into Cryptocurrency MarketNew Cryptocurrencies to Watch as Trump Launches Truth Fi Venture
Trump Media & Technology Group has launched a new crypto venture, Truth.Fi, in partnership with Charles Schwab, expanding the Truth Social movement and offering various investment options, including Bitcoin. The market is buzzing with potential new cryptocurrencies, such as Wall Street Pepe ($WEPE), Solaxy ($SOLX), MIND of Pepe ($MIND), XRP, and Movement ($MOVE), each presenting unique opportunities for investors amid a bullish crypto landscape.
about New Cryptocurrencies to Watch as Trump Launches Truth Fi VentureTrump Media Expands into Fintech with Bitcoin and Cryptocurrency Focus
President Trump’s media empire is launching a fintech brand, Truth.Fi, which may invest $250 million in Bitcoin and cryptocurrencies. During a Senate hearing, Howard Lutnick, Trump’s nominee for Commerce Secretary, supported audits of stablecoin reserves, emphasizing the need for transparency amid concerns about Tether’s ties to illicit activities. Despite scrutiny, Lutnick defended Tether’s popularity, likening its use by criminals to that of Apple products.
about Trump Media Expands into Fintech with Bitcoin and Cryptocurrency FocusCoinbase Expands Advisory Board with Political and Financial Experts
Coinbase has revamped its global advisory council, adding notable figures including Chris LaCivita, co-manager of Trump’s 2024 campaign, and former New York Fed president William Dudley. This move comes as the company seeks to navigate regulatory challenges and integrate more deeply into the financial system amid a shifting political landscape. Additionally, Trump Media and Technology Group plans to launch a fintech arm, Truth.Fi, potentially investing $250 million in cryptocurrencies, signaling a broader embrace of digital assets within Trump’s business ventures.
about Coinbase Expands Advisory Board with Political and Financial ExpertsTrump Media introduces fintech platform Truth.Fi for crypto and ETFs
Trump Media has launched a fintech platform called Truth.Fi, which focuses on cryptocurrency and ETFs. The platform emphasizes user data processing, including IP addresses and location tracking, to enhance personalized advertising and content. Users have control over their data consent and can adjust preferences regarding cookie usage.
about Trump Media introduces fintech platform Truth.Fi for crypto and ETFsTrump Media Expands into Fintech with New Cryptocurrency Focus
Trump Media and Technology Group is launching a fintech brand, Truth.Fi, aimed at investing in Bitcoin and other cryptocurrencies with a $250 million cash reserve managed by Charles Schwab. CEO Devin Nunes emphasized the initiative as a means for Americans to safeguard against censorship and privacy violations by big tech. Despite Trump’s previous crypto promises, the Republican Party’s 2024 platform does not prioritize the industry.
about Trump Media Expands into Fintech with New Cryptocurrency FocusMaple Finance Proposes Token Buybacks to Reward SYRUP Stakers
Maple Finance is proposing to allocate 20% of its protocol revenues for monthly buybacks of SYRUP tokens, aimed at rewarding stakers and enhancing long-term ecosystem growth. The initiative, pending a tokenholder vote starting January 20, would complement existing incentives from SYRUP emissions, with stakers potentially earning around 5.0% APY. This move aligns with a broader trend in DeFi, where protocols are increasingly sharing revenues with tokenholders to bolster value-accrual mechanisms.
about Maple Finance Proposes Token Buybacks to Reward SYRUP StakersCoinbase Stock May Soon Be Available on Base Blockchain According to Developer
Jesse Pollak, creator of Base, the blockchain for Coinbase, suggests that the company’s stock (COIN) could soon be available on-chain. While some traders can access COIN via Backed.fi, Pollak emphasizes that regulatory clarity is needed for broader access, stating that Coinbase is still in an exploratory phase regarding real-world asset tokenization. He envisions Base as a foundational platform for a global economy, aiming to bring over $1 trillion in assets on-chain.
about Coinbase Stock May Soon Be Available on Base Blockchain According to Developer