Author: James Wilson

The Istanbul Regional Court of Justice has overturned part of the conviction against Faruk Fatih Özer, the founder of the now-defunct cryptocurrency exchange Thodex. The court dismissed charges related to starting an organization to commit a crime but upheld his fraud and money laundering convictions, according to local reporting.  Özer, who was sentenced to over 11,190 years in prison for allegedly defrauding more than 400,000 investors out of $2 billion, remains incarcerated. However, the appeals ruling means he will no longer serve time for organized crime-related charges. The court also ordered a retrial on certain aspects of the case, sending…

Grayscale Investments has launched the Grayscale Dogecoin Trust, offering institutional and accredited investors exposure to Dogecoin. The move follows a surge in institutional interest and increasing demand for Dogecoin (DOGE) investment products, according to a Grayscale press release. Dogecoin, initially created as a meme coin, has evolved into a widely adopted digital asset with a market capitalization of $50 billion. Over the past year, its price has tripled, driven by growing investor interest and the expansion of crypto-friendly policies under the Trump administration. Grayscale believes Dogecoin’s accessibility and low transaction costs make it a viable tool for financial inclusion. “Dogecoin…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 1Fuel is gaining momentum with a successful presale, while XRP benefits from positive legal updates and SHIB continues to show promise with recent price gains. There has been a positive vibe about XRP due to new developments in its company’s case against the SEC. Different news outlets have come out with positive Ripple stories that have positively impacted the XRP price. Shiba Inu (SHIB) has also reached some high points in the past month.  Likewise, 1Fuel (OFT) is strengthening…

Purpose Investments, an asset management firm with over $23 billion in assets, has filed a preliminary prospectus seeking regulatory approval for the launch of a spot XRP exchange-traded fund. The proposed Purpose Ripple ETF aims to provide investors with long-term exposure to XRP (XRP) and an opportunity to benefit from the asset’s capital appreciation, according to an announcment Purpose Investments submitted the preliminary prospectus to Canadian securities regulators. The filing comes shortly after the firm also applied for the listing of a spot Solana (SOL) spot ETF. Som Seif, chief executive officer of Purpose Investments, noted that XRP’s continued adoption…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Institutional giants like BlackRock and Robinhood are betting on Real World Asset tokenization, with MANTRA emerging as a key player poised for significant growth. The next big institutional move? Real World Asset (RWA) tokenization is rapidly becoming a focal point for major financial players. Companies like BlackRock, Robinhood, Grayscale, and McKinsey are pushing for a future where traditional assets are brought on-chain. Larry Fink, CEO of BlackRock, has stated, “The next generation for markets will be the tokenization of…

Thumzup Media Corporation has doubled its Bitcoin holdings to 19.106 BTC, increasing its investment in digital assets to $2 million.  Thumzup company is authorized to allocate up to 90% of its surplus cash into Bitcoin (BTC). This move aligns with the company’s broader strategy to integrate cryptocurrency into its financial operations, according to a release shared with crypto.news.  Management’s Bitcoin strategy includes compensating gig economy workers in Bitcoin through its Associate Salesperson Program. Thumzup views this initiative as an opportunity to leverage blockchain technology and artificial intelligence to enhance digital engagement and financial transactions. Last November, it announced plans to…

Dogecoin’s price rose for three consecutive days this week as the cryptocurrency market stabilized and following the launch of a new fund for accredited investors by Grayscale. Dogecoin (DOGE), the largest meme coin in the crypto industry, climbed to a high of $0.3340, gaining 12% from its lowest point this week. The primary catalyst for Dogecoin’s rebound was Grayscale’s announcement of a new investment fund. The company noted that Dogecoin had evolved from a meme coin into a tool for global financial inclusion. This development coincided with growing optimism among crypto investors that the Securities and Exchange Commission could approve…

World Liberty Financial, the decentralized finance project backed by U.S. President Donald Trump, has made another $10 million purchase of Ethereum. Ethereum (ETH) price has struggled for upside momentum as Bitcoin (BTC) hit new all-time high above $108k. However, Trump-backed World Liberty Financial has emerged as one of the top buyers of Ethereum, the largest altcoin by market capitalization. After purchasing $47 million worth of Ethereum on Trump’s inauguration day, the decentralized finance project has now acquired an additional $10 million in two separate transactions. The latest purchase, made on January 31, saw World Liberty Financial spend 10 million USDT…

MyTonWallet, a self-custodial wallet for The Open Network blockchain, has released version 3.3. The update includes a clearer fee display, an upgraded Explore section, improved navigation, support for Telegram gifts, and a new crypto payment tool called MyTonWallet Pay, according to a note shared with crypto.news. One key enhancement is improved fee transparency. Users can now see a detailed breakdown of transaction costs, including separate exchange rates and swap fees. This update aims to eliminate confusion around blockchain commissions, which can often be difficult to understand. 💎 We’re introducing MyTonWallet v3.3 with Refined Fees, Explore 2.0, Handy Navigation and much…

The Pi Network price remained under pressure on Friday after the developers postponed the grace period for the know-your-customer verification deadline. The developers announced that the new deadline for completing the verification process will be February 28. This marks the third time the deadline has been extended. The developers noted that the extension will allow as many pioneers as possible to conduct the KYC process and migrate their tokens to the mainnet. Pioneers who do not complete the process by February 28 will only be able to migrate tokens mined in the past six months, forfeiting the rest. The developers…