DeepNewz

DeFi
Tether Reports $13 Billion Profit for 2024, Boosts U.S. Treasury Holdings to $113 Billion and Expands to El Salvador
Tether Holdings Limited reported a record-breaking net profit of $13 billion for the year 2024, with $6 billion of that profit generated in the fourth quarter, according to its attestation conducted by BDO

People
Former Binance CEO CZ Says EU Needs Bitcoin
Changpeng Zhao, the former CEO and co-founder of Binance, has stated that the European Union needs Bitcoin

TradFi & Fintech
Grayscale Launches Dogecoin Trust With $49.7 Billion Market Cap for Accredited Investors
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering investors exposure to Dogecoin (DOGE)

Infrastructure
GlobalStake Partners with Ledger Enterprise on January 30, 2025, to Enhance Institutional Staking Solutions, Says Sebbadault
GlobalStake has partnered with Ledger to enhance secure and sustainable staking solutions for institutions

DeFi
Circle Launches Native USDC on Aptos, Introduces CCTP for 10 Blockchains
Circle has announced the launch of native USDC on the Aptos blockchain, marking a significant development for the Aptos ecosystem

CeFi
Kraken Reintroduces Staking for U.S. Customers in 39 States After SEC Settlement
Kraken, a major cryptocurrency exchange, has reintroduced on-chain staking services for its US clients

People
Ross Ulbricht Loses $12 Million, Including $10.5 Million and 35% of Total Supply, Due to Liquidity Pool Error on Pumpfun Token
Ross Ulbricht, known for founding the Silk Road, reportedly lost approximately $12 million due to a liquidity pool error involving the Pumpfun token on the Solana blockchain

People
Michael Saylor, Now Worth $9.4 Billion, Featured on Forbes as 'The Bitcoin Alchemist' Amid MicroStrategy's $84 Billion Market Cap Surge
Michael Saylor, CEO of MicroStrategy, has been featured on the cover of Forbes magazine, dubbed 'The Bitcoin Alchemist'

DeFi
Pell Network Raises $6.5 Million for Omnichain Bitcoin Restaking and $3.5M for AI-driven DeFi, Starknet Advances ZK Technology
Pell Network has successfully raised $6.5 million to develop its omnichain Bitcoin restaking network

Regulation & Politics
Czech Central Bank Governor Aleš Michl Proposes €7 Billion Bitcoin Investment to Diversify Reserves
Czech National Bank Governor Aleš Michl plans to propose a strategy to the bank's board to invest in Bitcoin as a way to diversify the country's foreign exchange reserves, according to a report by the Financial Times





