Castle Island Ventures partner Nic Carter says the LIBRA token scandal is “clear proof” that retail has been playing a rigged game all along.
Tom Mitchelhill
Tom Mitchelhill is a reporter covering crypto and fintech for Cointelegraph’s Asia-Pacific newsdesk. His beats include DeFi, policy, law, and exchanges. He was formerly the lead reporter at startup Web3 outlet The Chainsaw and was featured in The Age and The Sydney Morning Herald. His majors are in philosophy, economics and international relations from the University of Wollongong.
- News
Memecoins are officially ‘cooked’ after Libragate, says crypto VC - Analysis
LIBRA, Solana drama: Meteora co-founder resigns, Jupiter begins probe The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.
- News
Pump.fun founder calls for memecoin guardrails amid ‘Libragate’ Pump.fun founder Alon expressed his outrage over the $4 billion collapse of the LIBRA token.
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LIBRA creators tied to Melania and other short-lived memecoins: Bubblemaps Crypto data firm Bubblemaps says that the same team that sniped the launch of the Melania memecoin is also behind the Libra token.
- News
Japanese CEX Coincheck posts 75% revenue growth during fiscal Q3 Despite a significant jump in quarterly revenue, Coincheck Group still reported a net loss of $98.1 million.
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Trump plans to pick a16z head of policy Brian Quintenz as CFTC chair: Report President Donald Trump is reportedly planning to pick Brian Quintenz — the head of policy at a16z’s crypto arm — as the next chair of the Commodity Futures Trading Commission.
- Analysis
Crypto’s ‘DeFAI’ sector is down 80% — Can it come back up? DeFAI — a nascent sector of crypto combining DeFi with AI — has shed billions from its January high, but founders say the utility of their products is only getting better.
- News
Grayscale, NYSE Arca file to launch US-based spot Cardano ETF NYSE Arca has filed on behalf of Grayscale to launch the firm’s first-ever standalone Cardano ETF product.
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Central African Republic video flagged ‘suspicious’ as token hits $527M Faustion-Archange Touadera has announced the launch of an official memecoin for the Central African Republic on X, but skeptics and two AI deepfake detectors are dubious.
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Berachain announces $632M BERA airdrop and mainnet launch Proof of Liquidity layer-1 blockchain Berachain will airdrop approximately $632 million to eligible users alongside the launch of its mainnet on Feb. 6.
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Google boss expects to spend $75B on AI this year Google CEO Sundar Pichai says his firm will spend about $75 billion on capital expenditures in 2025 — most of which is expected to head into AI projects.
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FTX says Backpack acquisition of EU arm has not been approved by court FTX said that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.
- Analysis
How Hyperliquid’s insanely lucrative airdrop launch changed the game Hyperliquid airdropped 28% of its HYPE token supply to early users. The airdrop is now worth more than $7 billion, making it the most valuable in history.
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Bitfinex Derivatives to move to El Salvador after securing local crypto license Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.
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Finnish police seize watches worth $2.6M from Hex founder Richard Heart: Report Finnish police have seized more than $2.6 million worth of luxury watches from Hex founder Richard Heart, who is wanted on tax fraud and assault charges in the country.
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New Solana proposal aims to fix scalability issues with ‘lattice’ system A new Solana improvement document aims to address the “state growth problem” by introducing a lattice-based hashing function.
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PUBG creator ‘not even thinking about’ NFTs for upcoming metaverse: Report Brendan Greene, the creator of PUBG, said his upcoming metaverse may integrate blockchain technology, but doesn’t have any plans for NFTs.
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Almost all AI agents are just ‘memecoins that talk’ AI agents are taking crypto by storm, but analysts and executives aren’t convinced the rising tide of generative chatbots and their affiliated tokens have long-term staying power.
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Tether general counsel Stuart Hoegner retires Tether and Bitfinex general counsel Stuart Hoegner has retired, leaving Michael Hilliard to take his place as legal chief at the two firms.
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January crypto airdrops to hand out $625M in JUP, 7% supply of SONIC Eligible users of Jupiter and Sonic — both in the Solana ecosystem — will receive airdrops in the coming weeks.
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Hive Digital moves HQ to Texas, citing supportive climate under Trump Bitcoin miner Hive Digital will move its headquarters from Vancouver, Canada, to Texas, saying Donald Trump will make Bitcoin mining great again.
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Vitalik Buterin calls out Elon Musk on free speech and ‘banhammer’ threat Ethereum co-founder Vitalik Buterin called out Elon Musk for the "tone of discourse" on X, and cautioned against censoring users with the “banhammer.”
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South Korean court issues arrest warrant for impeached President Yoon A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators.
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Ethereum long-term holders climbed in 2024 as Bitcoin holders fell Long-term ETH holders have proved they have diamond hands superior to Bitcoiners throughout 2024.
- Analysis
MEGA ‘25: How Donald Trump can Make Ethereum Great Again in 2025 “It’s going to be a blitzkrieg”: Experts say a crypto-friendly Trump administration will rapidly breathe fresh life into the Ethereum ecosystem.
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Floki DAO floats liquidity provisioning for a Floki ETP in Europe If the vote is approved and the ETP goes ahead, Floki DAO will join Dogecoin as the second memecoin to have a registered ETP.
- New Year Special
Why Ethereum maxis say ETH will be the ‘comeback kid’ of 2025 Analysts and experts say AI agents, a swathe of major network upgrades, and regulatory improvements in the US are all things Ethereum fans can be excited about in 2025.
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Hyperliquid net outflows top $250M amid fears over North Korea hackers Hyperliquid saw over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform.
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Australia’s ‘Barefoot Investor’ takes on crypto scammers stealing his likeness Australian investing and finance educator Scott Pape, known as the “Barefoot Investor,” has broken down the secrets behind WhatsApp group crypto scams targeting Facebook users.
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Trump appoints former college football player Bo Hines to head crypto council Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming president’s crypto council in a bid to “foster innovation and growth” for digital assets.