TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $ 6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report …
Users Circumvent Sony’s Soneium Controversial Block on Meme Coins
Soneium, Sony’s Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms. Meme Coin Blocking Attempts on Soneium Get Foiled by Crypto-Savvy Users Soneium, Sony Group’s Ethereum L2 platform, […]
Trump May Be Considering SOL, XRP, and USDC Alongside Bitcoin for an ‘America First’ Strategic Reserve
Prices of SOL and XRP jumped when the New York Post published the rumor on Thursday. SOL, XRP, and USDC Might Join Bitcoin in a Newly Conceived Strategic Crypto Reserve Donald Trump is not a Bitcoin maximalist, he just rubs elbows with them. So what happens when – as first reported by the New York […]
Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round
Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $ 3 billion valuation after raising $ 150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund …
US Lawmaker’s New Role Could Skyrocket America’s Digital Assets Sector
Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The […]