Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC
Mt. Gox creditors aren’t selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC.
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Former Bakkt CEO and Current Senator Loeffler Delays Disclosing Assets
The clock is ticking on former Bakkt CEO senator Kelly Loeffler’s Financial Disclosure Report, with ethics watchdogs on guard. Senator files extensionLoeffler filed an extension that would give her until May 5 to submit her Financial Disclosure Report. The report, which all officials are required to submit, airs potential conflicts of interest by identifying asset holdings.…

Spartan Protocol exploit results in loss of $30M
The price of SPARTA token plunged 30% on Sunday as details of the attack came to light. 1095 Total views 11 Total shares Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday. The exploit targeted a “flawed…

Solana stablecoins attain 2x market cap in January
Circle’s USDC was the most dominant stablecoin on Solana, accounting for nearly 80% of all stablecoins on the network.

Infinex NFTs top $40M sales in first four days, despite NFT bear market
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.

African blockchain venture funding down 74% in H1 2024: CV Labs
CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges.

Pump.fun faces backlash over harmful content on livestream feature
Pudgy Penguins’ safety project manager reported that a Pump.fun user was threatening viewers that they would commit suicide if their token didn’t pump.

UK Gov’t Includes Blockchain in Negotiation for US Free Trade Agreement
The United Kingdom’s Department for International Trade recently published its agenda for negotiation of a Free Trade Agreement (FTA) with the United States. Contained within the wide-reaching document, blockchain is identified as one area in which businesses and the country will benefit from an FTA.The document sets out the U.K. government’s position coming into the…

Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto
The Japan Association of New Economy (JANE) has asked the Japanese Financial Services Agency (FSA) to reduce the current tax rate for crypto trading income, Cointelegraph Japan reported on Feb. 14.Led by Hiroshi Mikitani, the CEO of Japanese e-commerce giant Rakuten, JANE has reportedly sent a proposal request to the country’s financial regulator asking them…