Crypto News Weekly
January 14th 2025
7th January – 14th January
▫️Crypto venture funding hits $4 billion in Q4 2024, led by infrastructure boom
▫️ Hong Kong launches a ‘supervisory incubator’ to guide banks in blockchain adoption.
▫️ JPMorgan predicts EU’s MiCA regulation will boost euro-denominated stablecoins.
▫️ Czech National Bank considers diversifying reserves with bitcoin purchases.
▫️ UK exempts crypto staking from collective investment scheme regulations.
▫️ South Korea plans to lift its ban on institutional cryptocurrency trading.
▫️ China sets 2029 as the target to integrate blockchain into its national data infrastructure.
▫️ Thai police seize nearly 1,000 Bitcoin mining machines over alleged energy theft.
▫️ Bhutan SAR to include BTC, ETH, and BNB in its strategic reserves.
▫️ Bitfinex moves derivatives services to El Salvador.
▫️ Singapore bans Polymarket amid a crackdown on online gambling platforms.
▫️ Coinbase subpoenaed by the CFTC over Polymarket investigation, notifying users via email.
▫️ Sony’s public blockchain platform Soneium launches on mainnet
▫️ Starknet launches SN Stack to support appchain development.
▫️ Synthetix discontinues v3 perps on Arbitrum, focusing exclusively on Base.
▫️ Polkadot’s Phala Network introduces an Ethereum Layer 2 rollup.
▫️ Revolut becomes the first bank to join the Pyth Network as a data publisher.
▫️ Animecoin, supported by Arbitrum and Azuki, announces tokenomics with over 50% allocated to the community.
▫️ Tether collaborates with AI filmmakers to enhance its brand visibility.
▫️ Aiccelerate DAO introduces a vesting structure in response to launch criticism.
▫️ Crypto thieves behind a $2.2M scam to be served a lawsuit via NFT.
▫️ Oklahoma man pleads guilty to wire fraud conspiracy in a $9.4M crypto scam.
▫️ K-pop’s Cube Entertainment CEO faces allegations of a crypto investment scam.
▫️ Operators of Blender and Sinbad crypto mixers charged with money laundering.
▫️ Movement Labs approaches the close of a $100M Series B funding round.
▫️ SoSoValue reaches a $200M valuation after raising $15M in a Series A round.
▫️ Sol Strategies secures $20M in debt financing from ParaFi Capital to expand Solana staking operations.
▫️ Framework Ventures leads a $2.5M funding round for DePIN startup Starpower.
▫️ Verifiable AI company Rena Labs raises $3.3M in pre-seed funding.