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NVIDIA CEO Jensen Huang Restores Confidence in the AI Sector, Will AI Cryptocurrencies Share the Sentiment?
NVIDIA CEO Jensen Huang reassured that AI will complement existing technologies. Despite mixed results in AI cryptocurrencies, the overall crypto market remains sluggish, reflecting broader economic challenges.
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XRPL to Activate Permissioned Domains as XLS-80 Goes Live
The XLS-80 proposal for the XRP Ledger introduces permissioned domains, allowing credential-based access on a public blockchain. This aims to balance transparency and security while addressing regulatory needs, despite risks like compromised credentials.
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Senate Democrats Plan Closed-Door Meeting on U.S. Crypto Market Structure
The Senators have planned a private meeting on February 4 to discuss the structure of the U.S. crypto market.
The meeting comes after the Senate Banking Committee postponed a markup of crypto legislation.
The move aims to address party divisions on digital asset regulation and the status of the C
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Ethereum Eyes Frame Transactions as Hegota Headliner
Frame Transactions (EIP-8141) revolutionize Ethereum's transaction authentication through programmable validation frames, moving beyond fixed signature schemes. Vitalik Buterin endorsed the proposal, linking it to ERC-4337's infrastructure, which could reshape transaction dynamics and improve efficiency in upcoming developments.
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Arizona Warns of Crypto ATM Scams After $177M in Losses
Arizona has implemented stricter consumer protections against crypto ATM fraud, mandating full refunds for victims who file police reports within a month. With rising fraud cases and significant losses, legal actions against key operators are also intensifying.
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U.S. Spot Bitcoin ETFs Rebound as Ethereum ETFs Extend Outflows
On February 2, Bitcoin ETFs had significant inflows of $561.89 million after prior outflows, showcasing renewed institutional interest. In contrast, Ethereum ETFs continued to struggle with outflows of $2.86 million. Overall, Bitcoin remains volatile at around $74,000, while other cryptocurrencies like Solana saw positive trends.
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Fenwick & West Reaches Proposed Settlement With FTX Users
A proposed settlement has been reached between FTX users and law firm Fenwick & West regarding the firm’s representation of the failed cryptocurrency exchange.
The proposed settlement will be presented to a federal court on Feb. 27.
The litigation has been stayed while the terms of the settlement
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Trump Says He Was Not Involved in $500M Abu Dhabi WLFI Deal
Trump denied any involvement in the $500 million Abu Dhabi investment in World Liberty Financial.
The UAE-backed firm bought a 49% stake shortly before Trump’s 2025 inauguration.
US President Donald Trump has denied any knowledge of a $500 million investment by an Abu Dhabi company in WLFI. The W
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