2025 February
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Tyler Winklevoss Says Gemini Won’t Hire From MIT If Gary Gensler Keeps His Role There
- February 10, 2025
- Posted by: newworldfinance
- Category: Crypto
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Tyler Winklevoss, co-founder of the Gemini crypto exchange, has taken a bold stance against MIT, declaring that his company will not recruit from the prestigious university as long as former SEC Chair Gary Gensler remains on its faculty.
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Celsius Founder Alex Mashinsky May Delay Fraud Sentencing By 1 Month
- February 6, 2025
- Posted by: newworldfinance
- Category: Crypto, Press Wire
TLDR: Alex Mashinsky, former Celsius CEO, is seeking to delay his sentencing from April 8 to May 8, 2025, arguing his legal team needs more time to review the government’s case. Prosecutors oppose the request, calling it premature.
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Bitcoin ATMs Now Available in Every Costco Store Across the U.S.
- February 6, 2025
- Posted by: newworldfinance
- Category: Blockchain Technology, Crypto, Cryptocurrency Markets
TLDR: Costco has rolled out Bitcoin ATMs in all 600+ U.S. stores, partnering with LibertyX to provide easy BTC access. While this could increase adoption, Bitcoin’s recent price struggles raise questions about whether retail expansion will influence market performance.
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MicroStrategy Invests $20B in Bitcoin Amid Rebrand to “Strategy”
- February 6, 2025
- Posted by: newworldfinance
- Category: Crypto, Finance, Price Analysis
TLDR: MicroStrategy has rebranded to “Strategy”, integrating the Bitcoin symbol into its identity. The firm invested $20 billion in BTC in Q4 2024, aiming for $10 billion in BTC gains in 2025. Despite stock volatility, Strategy remains all-in on Bitcoin.
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Ondo Finance Launches Blockchain-Based Platform to Tokenize US Securities
- February 6, 2025
- Posted by: newworldfinance
- Category: Blockchain Technology, Crypto Trading, Cryptocurrency Markets
TLDR Ondo Finance has launched Ondo GM, a blockchain-based tokenization platform for U.S. securities. The platform will allow 24/7 trading of 1,000+ tokenized stocks and ETFs, competing with traditional exchanges like NYSE and Nasdaq. Cboe Global Markets has responded by expanding trading hours to keep up with blockchain solutions.
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Brad Garlinghouse Considered for Trump’s Crypto Advisory Council
- February 6, 2025
- Posted by: newworldfinance
- Category: Blockchain Technology, Crypto, Finance
TLDR: Ripple CEO Brad Garlinghouse has been shortlisted for Trump’s U.S. Crypto Advisory Council, alongside leaders from Kraken, Coinbase, and Circle. While some speculate XRP could be included in a national reserve, there is no official confirmation yet. The news sparked market debate, with XRP dropping 6% to $2.40.
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SEC Reassigns 50 Lawyers and Staff, Scaling Back Crypto Enforcement
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Finance
TLDR: The SEC is reducing its crypto enforcement unit, reassigning 50 lawyers and staff to other roles. Commissioner Hester Peirce will lead a new Crypto Task Force to redefine digital asset regulations. Meanwhile, the White House is exploring a U.S. Bitcoin reserve, with 15 states considering BTC as a strategic asset.
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A16z Urges DOJ to Stop Holding DeFi Developers Accountable for User Actions
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Finance
TLDR: Venture capital firm a16z has urged the DOJ to stop prosecuting DeFi developers, arguing they lack direct control over user actions on decentralized protocols. They are calling for Trump’s administration to legally define “control”, a move that could shape future crypto regulations and protect DeFi innovation.
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Ohio Senator Introduces Second Bitcoin Reserve Bill, Pushing for State BTC Fund
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Geopolitics
TLDR: Ohio Senator Sandra O’Brien has introduced SB57, a bill allowing the state treasurer to invest in Bitcoin to create the Ohio Bitcoin Reserve Fund. The bill mandates BTC holdings for at least five years and requires government agencies to accept crypto payments. Ohio joins twelve U.S. states considering Bitcoin reserve bills.
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FTX’s Bankruptcy Payouts Begin This Month
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Press Wire
TLDR: FTX Bahamas will begin creditor repayments on Feb. 18, 2025, with claims under $50K receiving full repayment plus 9% interest. Around $1.2 billion will be distributed, while larger creditors may face delays. Meanwhile, SBF is seeking a new trial, arguing that FTX was not insolvent and that asset sales were mishandled.