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The U.S. Senate accepted Donald Trump’s nomination of Scott Bessent, a pro-crypto billionaire hedge fund manager, as the new Treasury Secretary. Bessent had been quite vocal about his positive outlook on the crypto economy, publicly saying that crypto represents freedom and that it is “here to stay.” Interestingly, Scott Bessent’s appointment has also wiped away the despair that DeepSeek brought to the US stock and crypto markets over the last few days. The crypto market seems positive overall, and is showing signs of recovery, with Bitcoin currently hovering just below the $102,000 mark. Moreover, Donald Trump’s appointment as the US…

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Este artículo también está disponible en español. Solana has faced significant downward pressure in the past few days, dropping over 15% as the broader crypto market experiences a selloff driven by speculation and uncertainty. Meme coins, which have been a major catalyst for Solana’s recent growth, are now seeing massive losses, raising concerns about the blockchain’s short-term outlook. With meme coin projects struggling, Solana’s ecosystem is taking a hit, as these tokens have contributed significantly to its transaction volume and network activity. Related Reading Top analyst IncomeSharks shared a technical analysis on X, revealing that Solana still has room to…

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OpenSea has officially launched its OS2 platform, a major update that introduces a new user interface and an experience points (XP) system aimed at encouraging greater user participation.The platform, which is currently in private beta, offers exclusive early access to holders of Gemesis NFTs, a move that has drawn significant backlash from long-time users.These users, many of whom have been integral to OpenSea’s success, expressed frustration at being excluded from the beta despite their extensive activity and contributions to the platform. Source: OpenSeaWhat’s new with the OS2 Platform?The OS2 platform brings several notable changes to OpenSea’s user interface, aiming to…

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Quick take: The company calls its new service offering “DomainFi” which matches fellow crypto buzzwords like DeFi and GameFi. The service will be built on D3’s blockchain platform, Doma, which is set to launch in the coming months. D3 seeks to turn existing domains into Web3 domains by turning them into NFTs but has also partnered with Solana and Avalanche to power new domains. D3, a blockchain-based domain platform on Wednesday announced a $25 million funding from Crypto firm Paradigm. The fundraising follows a $5 million seed round announced in 2023. The company plans to use the fresh capital to…

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Worldcoin has exhibited bearish momentum on the daily chart since mid-December. The steady selling pressure and lack of speculative conviction meant recovery was doubly hard for the bulls. Worldcoin [WLD] has shed 34% in just over three weeks after the buyers enforced a bullish market structure break on the daily in the first week of January. This move was expected to initiate a recovery, but investors have only witnessed pain since then. The looming token unlocks fortified the bearish expectations. Worldcoin bears crumple psychological levels Source: WLD/USDT on TradingView Worldcoin has retraced almost all the way to the 100% retracement…

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Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether. According to TokenTerminal, Jito has generated over $261 million in fees this year, while Tether has earned $350 million. Jito’s performance has allowed it to surpass some of the biggest players in the crypto industry, including Ethereum (ETH) and Solana. It is also generating more revenue than leading DeFi platforms such as Aave, Uniswap, and Lido Finance. Jito’s rising fees coincide…

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Este artículo también está disponible en español. Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token’s recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well. XRP Builds Strong Momentum The daily chart for the XRP/USD perpetual contract on ByBit reveals a steady climb from sub-$0.50 levels in early November to a current consolidation area around $3.10. The overall picture shows a series of higher highs and higher lows, affirming XRP’s ongoing…

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When you hear the name “OpenSea,” you might think of the vast NFT market that seemed to explode out of nowhere just a few years ago. For a long stretch, OpenSea was the biggest player in the space, at one point claiming over 90% of all NFT trading volume. Recently, however, the rise of other platforms has cut into that dominance, forcing OpenSea to shake things up. Enter the new OS2 platform—currently in private beta—which has sparked excitement, curiosity, and some controversy in the NFT community. In this article, we’ll look closer at how Gemesis NFT holders got exclusive access,…

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Homepage > News > Business > Digital currency scams, AI attacks top cyber threat in Nigeria Digital asset scams and attacks powered by artificial intelligence (AI) are the two most potent threats in the Nigerian cyberspace, a new report has revealed. The 21-page report, titled “Nigeria Cyber Threat Forecast 2025,” was published by the Cyber Security Experts Association of Nigeria (CSEAN). It singled out the cyber-threats that the experts believe will pose the biggest threat this year, calling on the private sector, civil society and the government to join hands and combat them. Digital asset-related scams topped the list. Nigeria…

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Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong. In a recent X post, Eric Balchunas reassured his followers that the possibility of Bonk 2x ETF is still very much alive. He pointed out that while Tuttle withdrew filings for the 2x Melania and Trump ETFs—likely due to direct pushback from regulators—the Trump and Doge ETF filing from Rex remains active. This suggests the SEC may not be outright rejecting all meme coin ETFs, leaving room for Bonk to move forward.  So for anyone who had their heart set on…

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