CryptoNews

USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers

January 31, 2025
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. It will serve as Arbitrum’s canonical stablecoin, maintaining the same contract address. Transfers…
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US Lawmaker Moves to Block SEC Overreach in Coinbase Case

January 30, 2025
The SEC’s “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets. US Senator Calls SEC’s Crypto Approach ‘un-American’ U.S. Senator Cynthia Lummis of Wyoming is taking the fight for crypto regulation to the courts, formally backing crypto exchange Coinbase in its legal battle against the…
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Scott Bessent Named U.S. Treasury Secretary, Backed by Crypto

January 30, 2025
Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple’s Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts. Scott Bessent Confirmed as Treasury Secretary…
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Ripple CEO Calls for National Crypto Reserve Beyond BTC and XRP

January 29, 2025
Ripple’s CEO championed collaboration over crypto maximalism, pushing for a multichain reserve featuring BTC, XRP, and others while rejecting division as progress’s enemy. Ripple CEO Advocates for Multichain Representation in Government Crypto Reserves Ripple CEO Brad Garlinghouse took to social media platform X on Jan. 27 to emphasize the importance of collaboration in the crypto industry and…
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Australian Monochrome Asset Management Files for Litecoin ETF

January 29, 2025
Monochrome Asset Management, an Australian investment firm, has officially filed for a spot Litecoin (LTC) exchange-traded fund (ETF) with Cboe Australia. If approved, this would mark the first spot Litecoin ETF in the country, expanding institutional investment…
CryptoNews

Tornado Cash Co-Founder Speaks Out: ‘This Is a Fight for Every Developer’ as DOJ Threatens 45-Year Prison Sentence

January 28, 2025
The prosecution of Tornado Cash co-founder Roman Storm is an egregious assault on freedom, innovation, and the very foundation of individual rights. Last week, Storm voiced his thoughts on X, offering a candid glimpse into his perspective on the unfolding situation. Code Is Not a Crime: The Shocking Government Crusade Against Privacy and Freedom in the Tornado Cash Case In the ongoing persecution…
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