DeepNewz

TradFi & Fintech
Morgan Stanley’s E-Trade Seeks Fed Approval to Offer Bitcoin Trading Amid Trump-Era Regulatory Shift
Morgan Stanley's E-Trade is exploring offering spot cryptocurrency trading services, including Bitcoin, pending approval from the Federal Reserve, according to The Information

Markets
Fartcoin Surges to $1.5 Billion Market Cap, Becomes 77th Largest Cryptocurrency
Fartcoin, a Solana-based AI memecoin, has emerged as the biggest 24-hour gainer among the top 100 tokens by market capitalization, reaching new all-time highs

Blockchains
T3 Financial Crime Unit Freezes $100 Million in USDT, Including $3 Million Linked to North Korea, Across Five Continents
The T3 Financial Crime Fighting Unit, established in September 2024 by Tron, Tether, and TRM Labs, has successfully frozen $100 million in USDT linked to illicit activities on the Tron blockchain

Markets
AI Meme Tokens Hit $10B Market Cap with $2.7B Trading Volume, Binance Offers 75x Leverage on ai16z, Zerebro, Griffain
The market capitalization of AI-inspired meme tokens has surged past $10 billion,

Markets
XRP Surpasses Tether as 3rd Largest Cryptocurrency with $138.4B Market Cap, Price Hits $2.42 After 15% Surge
XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization, surpassing Tether (USDT)

DeFi
Crypto Scam and Hack Losses Fall to $28.6 Million in December 2024, Down from $63.8 Million in November
In December 2024, losses from crypto scams and hacks fell to $28.6 million

Markets
Blader to Reimburse $600,000 for $ZERO Losses Amid 5-Year-Old Daughter's Brain Tumor
An individual known as Blader, whose 5-year-old daughter is suffering from a brain tumor, has been involved in launching a cryptocurrency token called $ZERO

Regulation & Politics
December 31 Deadline for U.S. Tax Loss Harvesting, Cryptocurrency Exemptions Highlighted
As the year-end approaches, December 31 marks the last day for tax loss harvesting in the U

People
Elon Musk Becomes 'Kekius Maximus' on X, Updates Profile to Pepe Image, Triggers Meme Coin Surge
Elon Musk, the CEO of X (formerly Twitter), has rebranded his profile by changing his display name to 'Kekius Maximus', updating his bio to a sword emoji '⚔️', and replacing his profile picture with an image of Pepe the Frog dressed as a Roman warrior holding a video game joystick

NFTs & Web3
Ethereum NFT Volume Hits $186M, Driven by Pudgy Penguins' $PENGU Token Launch and $108M in Sales
Ethereum's NFT market has surged to a three-month high, with weekly trading volume reaching $186 million, marking a 67% increase from the previous week's $111 million





