Darkex News February 5, 2025

Darkex-News

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US ADP Non-Farm Payrolls Data Released

Explained: 183K

Expectation 148k

Previous 176K

by Darkex Research – 1 min read

US Plans to Bring the Stablecoin Market Domestically

David Sacks, crypto advisor to US President Donald Trump, announced that the Trump administration plans to regulate the stablecoin market and attract these assets into the country. This initiative aims to increase control over the financial system, with a particular focus on digital assets backed by the US dollar.

by Darkex Research – 1 min read

New York Times: SEC Eases Cryptocurrency Regulations

The US Securities and Exchange Commission (SEC) has decided to downsize its cryptocurrency enforcement team. This move is seen as the first concrete step taken by the Trump administration to reduce cryptocurrency regulations. One of Trump’s executive orders aims to eliminate the over-regulation of digital assets.

by Darkex Research – 1 min read

Ohio Senator Introduces Bill to Reserve Bitcoin and Accept Payments

Ohio Senator Sandra O’Brien has introduced a bill that would require the state to create a Bitcoin reserve and allow government agencies to accept Bitcoin as a payment method.

by Darkex Research – 1 min read

Republican Leaders Form Working Group for Crypto Regulations

Republican leaders from the US House of Representatives and Senate have formed a new legislative development working group for digital assets and stablecoin regulations. This group includes members from the financial services and agriculture committees.

by Darkex Research – 1 min read

FTX Digital Markets to Repay “Convenience Class” Creditors

FTX’s Bahamian subsidiary FTX Digital Markets has announced that it will begin repaying creditors following the collapse in November 2022. Initially, “convenience class” users with claims of up to $50,000 will receive a refund of principal plus 9% annual interest.

by Darkex Research – 1 min read

Kaspersky: Malware Targets Crypto Wallets

Kaspersky Labs detected malware in some apps in the Google Play Store and Apple App Store. This software can steal cryptocurrency wallet recovery phrases by scanning users’ photos. Users are warned to be wary of unknown apps.

by Darkex Research – 1 min read

Berachain (BERA) Launches on Binance HODLer Airdrop Program

Berachain (BERA) was announced as the seventh project in Binance’s HODLer Airdrop program. Users who subscribe to BNB Simple Earn products between January 22-26, 2025 will be able to receive BERA airdrop rewards.

by Darkex Research – 1 min read

Crypto Czar David Sacks: Strategic Bitcoin Reserves Top Priority Agenda

David Sacks, the crypto and artificial intelligence “czar” appointed by US President Trump, announced that evaluating Bitcoin reserves in the US sovereign wealth fund is one of the government’s priority goals. Sacks stated that the decision on the matter will be guided by Commerce Secretary nominee Howard Lutnick.

by Darkex Research – 1 min read

US Lawmakers Form Working Groups for Crypto and Stablecoin Regulations

The US House of Representatives and Senate have formed bicameral working groups to develop a regulatory framework for digital assets and stablecoins. Senate and House committees will play an important role in shaping the crypto agenda.

by Darkex Research – 1 min read

SEC Appoints Former Coin Center Director Landon Zinda to Crypto Working Group

Landon Zinda has left his position at Coin Center to become a senior advisor to the SEC’s cryptocurrency working group. This move signals that the SEC will take a more strategic approach to cryptocurrency policy.

by Darkex Research – 1 min read

SEC’s Crypto Task Force Aims to Provide Legal Grounds for Token Issuances

The SEC’s new cryptocurrency working group is working on regulatory changes that would allow projects to legally issue tokens. This development could particularly affect the approval processes for exchange-traded crypto products.

by Darkex Research – 1 min read

SEC Downsizes Crypto Enforcement Team

According to the New York Times, the SEC has decided to downsize its cryptocurrency enforcement team. This is seen as the first concrete step in the Trump administration’s policy of easing regulation of digital assets.

by Darkex Research – 1 min read

NYSE Files Application for Grayscale Litecoin (LTC) ETF

The NYSE has filed a formal 19b-4 application with the SEC to convert Grayscale’s Litecoin Trust into a spot ETF. This application is an important process for the listing of new financial products.

by Darkex Research – 1 min read

XRP Ledger Recovers After One Hour Outage

XRP Ledger spontaneously recovered without any asset or transaction loss after a rare block production outage of about an hour.

by Darkex Research – 1 min read

Semler Scientific Buys 871 BTC with $88.5 Million Investment

US-based Semler Scientific purchased 871 BTC, investing $88.5 million to increase its Bitcoin holdings. The company’s total Bitcoin holdings now stand at 3,192 BTC.

by Darkex Research – 1 min read

Massive Stablecoin Minting from Tether and Circle

Tether minted 1 billion USDT on the Tron network in the last 6 hours. Circle printed 250 million USDC on its Solana network. These large mintings aim to increase liquidity in the stablecoin markets.

by Darkex Research – 1 min read

Jupiter to Launch JUP Buyback Mechanism This Week

He reported that Jupiter founder meow announced the first buyback plan on the X platform at the end of last month, which was to transfer JUP to the buyback wallet every week, make fixed investments in JUP and lock it in the trash bin for at least 3 years.

by Darkex Research – 1 min read

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