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Newswire > January, 2025
January, 2025

January, 2025

Seeking Clarity: Coinbase Asks US Appeals Court To Declare Crypto Trades Aren’t Securities
On Tuesday, US crypto exchange Coinbase appealed to the Second Circuit Court of Appeals to address a key issue for the industry. The exchange seeks the court to determine whether secondary trades are ...
Next Meme Coin to Soar? $TRUMP Is Dumping but Investors Are Hyped About Solaxy Presale
Remember $TRUMP, Donald Trump’s meme coin that launched days before his inauguration as US president? It peaked at $75 on January 19 and then took a dump to $39 the next day. It’s now $34.76 and i...
Bitcoin Sell-Side Risk Declines Significantly – Reduced Market Activity Signals Potential Volatility
Bitcoin is at a critical juncture after pulling back from its newly established all-time high (ATH) on Monday to test ke...
Sorra Finance Staking Exploit: $41,000 Drained in Flawed Reward Logic
Sorra Hack AnalysisOn January 4, 2025, the Sorra Staking contract was exploited due to flawed logic in the getPendingRewards() function, which failed to track and deduct previously distributed reward...
Canada’s FINTRAC Warns of Crypto’s Role in Drug Money Laundering
Key Takeaways According to FINTRAC, virtual currencies have become a favoured tool for traffickers due to their use on darknet marketplaces FINTRAC noted that financial institutions often detec...
Trump Issues Executive Order on Crypto Working Group, Prohibits CBDC
Key Takeaways Trump signed an executive order to establish an internal working group tasked with fostering crypto innovation and development in the U.S. The order also prohibits the issuance, c...
SEC Rescinds Contentinous Crypto Accounting SAB 121 Rule
Key Takeaways The SEC has now replaced SAB 121 with SAB 122, which provides a revised framework Under the new guidance, companies must evaluate potential risks related to their custody activiti...
THORChain Suspends BTC,ETH Withdrawals Amid Insolvency Fears
Key Takeaways The suspension, which will last for 90 days, allows the THORChain community time to formulate a stabilization plan The suspended lending and savings programs were part of THORFi, ...
Apple just gave developers a reason to celebrate with this API
Apple announced the launch of a new API called the “Advanced Commerce API,” aimed at enhancing in-app purchase capabilities on the App Store. This announcement was made on January 23, 2025, and se...
Leak: PlayStation 6 to feature UDNA GPU and launch in 2027
Leaks surrounding the PlayStation 6 indicate that its chipset design is nearing completion, with initial test production expected to start later this year, paving the way for a potential release in 20...
Newswire > January, 2025

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