Tag: Cryptocurrency

Kanye West Shuts Down $2M Crypto Scam Offer: ‘Not Scamming My Fam

Kanye West, aka Ye, just dropped some major tea on X—turning down a $2M offer to shill a shady crypto scheme. Like, who does that? King move, honestly. He spilled the deets in a Feb. 7 post, exposing how scammers wanted him to post fake crypto promo to his 32.6M followers, then pull the classic “my account got hacked” card. Sketchy, right? But Ye said, “Nah, not scamming my fam,” and dipped.

The deal? $750K upfront to keep the post live for 8 hours, then another $1.25M after 16 hours. Big yikes. Ye clapped back with, “I was proposed 2 million dollars to scam my community. Those left of it. I said no and stopped working with their person who proposed it.” Periodt.

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Later, he slid into crypto DMs, asking for a trusted contact, and someone name-dropped Coinbase CEO Brian Armstrong. Could Ye be cooking up his own crypto project? Or is this just hype for a new album? Either way, the internet’s buzzing.

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Fun fact: Ye’s had beef with crypto before (remember Coinye in 2014?), but now he’s vibing with it on his own terms. Could merch in crypto be next? Stay tuned, fam.

Crypto Hesitation: Only 30% of Institutional Traders Eye Investments

As the survey from JP Morgan shows, 71% of institutional traders refrain from crypto in 2025, though 30% are open but very skeptical.



A new survey from JP Morgan shows that institutional traders remain conservative when it comes to crypto. Though digital assets are attracting attention, 71% of traders said they would not be looking to trade crypto this year, this year, up only a notch from 78% last year-it is a telling indication that there is strong skepticism about crypto among institutions.

On the other hand, 30% of traders show some interest in engaging with crypto, a small but consistent uptick in interest. Very clearly, however, traditional finance is not yet embracing crypto in any big way.

A survey by JP Morgan among traders showed that the greater portion is still not on board. High volatility in the crypto market, along with a constantly changing environment of regulation, stands out as the major reason for such caution. Some firms experiment with Bitcoin ETFs and investments in blockchain, but now, big players are kept away from the game by concerns over regulation, security, and overall market stability.

Crypto remains a high-risk bet for institutional traders, and it takes more than hype to get them into the pool.

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Ohio Wants a Bitcoin Stash—New Bill Pushes for Crypto Reserve

Ohio might be stacking sats soon! State Senator Sandra O’Brien just dropped a bill that could make Ohio the first U.S. state with its own Bitcoin reserve fund. If passed, Senate Bill 57 will let the state treasurer invest public funds exclusively in Bitcoin and hold onto them for at least five years.

O’Brien is all in on crypto, saying Ohio needs to be ahead of the curve—especially with Trump’s crypto team exploring a “national digital asset stockpile.” If Bitcoin is the future, Ohio wants a front-row seat.

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The bill also forces state agencies to accept crypto for taxes, fines, and fees, instantly converting payments into Bitcoin for the reserve. And it’s not just government funds—residents and universities can also donate BTC to the stash, earning some recognition for their contributions.

Ohio isn’t alone in the crypto game. In December, Rep. Derek Merrin introduced another bill (HB 703) pushing for even more Bitcoin investment flexibility. Meanwhile, Utah and Arizona are also working on crypto-friendly legislation.

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Bottom line? Ohio is making some big moves toward becoming a Bitcoin powerhouse, and if this bill passes, it could set the stage for other states to follow suit.

MetaMask Drops New “Gas Station” to Fix Failed Swaps

MetaMask just made life way easier with its new “Gas Station” feature—no more failed transactions just because you ran out of ETH. This upgrade lets users cover gas fees directly within their swaps, meaning no more scrambling to top up ETH just to complete a trade.

Right now, the feature is live for users who’ve enabled Smart Transactions on the Ethereum mainnet via the MetaMask Extension, with a mobile version dropping soon. Instead of manually buying ETH just to pay gas fees, the total cost now gets baked into the swap itself.

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Through that, MetaMask keeps competitiveness because the access is opened for the highest class of DEX aggregators and liquidity providers, giving the best rates and the lowest fees possible. Furthermore, the Gas Station supports multitable tokens for the gas payment: USDT, USDC, DAI, ETH, wETH, wBTC, wstETH, and wSOL-just in case the swap amount covers the fees.

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All MetaMask really did was make crypto transactions way smoother-no extra steps or stressing out about network fees; just swap and go.

Pi Network Hits 10M Migrations—Is the Open Mainnet Finally Dropping?

Pi Network recently reached a critical milestone with the migration of 10 million users to Mainnet; many are very optimistic that the highly expected launch of Open Mainnet will materialize earlier this year.

Pi Network is moving with big leaps: it has so far migrated more than 10 million accounts to its Mainnet-a big step toward full decentralization. This is a huge deal for users who have been mining Pi for years in wait for a full-fledged blockchain launch. However, the Pi Core Team made it clear that users have to finish the KYC and migrate their accounts to Mainnet or else they lose their Pi.

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To help stragglers, Pi Network has extended the Grace Period deadline to end of February this year. That means there’s still time for those who haven’t verified their identity to get their coins transferred. But the big question remains—when is Open Mainnet launching?Although not an official date has been confirmed, reaching 10 million migrations may mark the beginning of the big reveal.

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But, in fact, many in the Pi community consider that Open Mainnet might happen as early as Q1 of this year, where finally one will be allowed to trade, from a closed ecosystem to basically a full cryptocurrency network in actual operation. The next big piece of news everybody waits for concerns Pi Network:.

Canadian Hacker on the Run After $65M Crypto Heist

Summary: A Canadian-Andean, Medjedovic, has been accused of stealing cryptocurrency from two platforms, worth $65 million, and laundering that amount. On the run for 4 years now, he has still kept his hand in the crypto space, including trying to manipulate projects for his benefit.

Medjedovic, a former University of Waterloo master’s student, was accused of hacking Indexed Finance and KyberSwap, draining $49 million from the former and $16 million from the latter. Using his advanced math skills, he allegedly exploited smart contract vulnerabilities to manipulate token prices and make massive profits at the expense of investors. Even after being charged, he reportedly tried to negotiate control of KyberSwap in exchange for returning some stolen funds.

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A lawsuit filed in Canada and an Interpol warrant out for alleged financial crimes did not deter Medjedovic, who continued to be involved with crypto. His web presence indicated he considers himself some sort of “pirate” operating in the legal gray areas. The U.S. has taken over the prosecution, with the case led by the National Cryptocurrency Enforcement Team, NCET. According to Acting U.S. Attorney John Durham, criminals leveraging new technology to steal from investors will be brought to book, no matter where they have been hiding.

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Trivago Teams Up with Travala to Enable Crypto Payments for Travel

Trivago partners with Travala, letting users book hotels with crypto. Crypto travel demand is booming, making blockchain adoption more mainstream!

Big news for travel and crypto lovers—Trivago just partnered with Travala, bringing crypto payments to hotel bookings! This means millions of Trivago users can now find, compare, and book over 2.2 million Travala properties worldwide and pay with 100+ cryptocurrencies, including Bitcoin, Ethereum, and AVA.


Timo Itterbeck, Trivago’s Head of Account Management, made it clear that their mission has always been to give travelers the most choice, and adding crypto with Travala.com definitely does that. The NASDAQ-listed Trivaga operates in more than 190 countries with upwards of 3 million monthly active users who would now be directly exposed to cryptocurrencies.

Meanwhile, Travala is killing it: sales last year reached $100M, doubling from last year, while a full 78% of its bookings were paid in Bitcoin-a clear indicator that crypto travel is trending.

Travala CEO Juan Otero sees this as a huge step toward mainstream crypto adoption. He says real-world use cases like travel legitimize crypto and make it more practical for everyday transactions.

Experts agree—mass adoption needs real-world blockchain applications. The Open Network Foundation’s Justin Hyun believes user-friendly apps like Telegram Mini Apps could be the Trojan Horse that brings in the next 500M crypto users.

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Russia Cracks Down on Crypto Miners – Registration Now Mandatory

Brief Summary: Russia is subjecting crypto miners to the requirement of registering their installations until November 1, 2025, in relation to increased government control. The financial watchdog Rosfinmonitoring will monitor mining activities using a centralized database. Mining without registration will be prohibited, and reporting to taxes will be more strictly regulated.

It was until November 1, 2025, when the regulation of crypto mining in Russia finally went all-in and became illegal, without registration. Rosfinmonitoring introduces a database that follows the operation of every mining rig so that every operation is on the government’s radar.This comes months after an earlier ban issued in six regions over concerns of power shortages, including parts of occupied Ukraine. This ban is supposed to be in order for the next 6 years, till the month of March, to make sure that the mining activities get streamlined in a proper way.

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With that in mind, Russia’s Federal Taxation Service, FNS, has set up an online platform where miners will be forced to report proceeds using a qualified electronic signature. Taxes are fixed, too. Miners that earn up to 2.4 million rubles, which is about $23,976, will face a tax rate of 13%, while owners with higher revenues will pay 15% taxes.. Reports on income should now be filed on a monthly basis, and it is impossible to dodge taxes any longer.

What Russia is trying to say with this law is that miners can’t continue acting in the shadow anymore. A miner has either to play according to the law or face some serious legal repercussions.

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Binance Pay Teams Up with xMoney to Bring Crypto Payments to 20K+ European Businesses

Wrap-up: Crypto payments finally catch a big break in Europe. This cooperation between Binance Pay and xMoney will give users the power to splash crypto on everything-from bespoke shopping, travel, even to public services by more than 20,000 different enterprises across diverse industries-make crypto seamless, cheaper, and mainstream.

It basically means that users of Binance Pay can spend their crypto on everything, from high-end brands to online stores, even government services in places such as Lugano and Liechtenstein. Over the last year, xMoney has been scaling up its merchant network, meaning that more and more businesses could receive digital currencies without the usually painful process fraught with high commissions and slow speeds.

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For Jonathan Lim, Global Head of Binance Pay, this will be a game-changer, with crypto payments growing bigger in everyday life. The CEO of xMoney, Greg Siourounis, on his part, said the move bridges traditional finance with blockchain to make crypto payments further approachable-and trusted.

Numbers say it all: from 8,900 two years ago, to more than 12,000 in just last year, the explosive growth of the Binance Pay merchant network will now be over 32,000 companies across the globe. The increased crypto adoption translates into easier-to-use digital assets for everyday spending thanks to such partnerships and ultimately proves that crypto is for living, not just investing.

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Kraken to Drop USDT & 4 More Stablecoins in Europe—Here’s Why

Summary: Kraken is officially pulling the plug on Tether (USDT) and four other stablecoins in Europe, thanks to strict new crypto rules under MiCA. The delisting will happen in phases, with a final deadline of March 31 of this year. Users in the EEA region (which includes Germany, France, and Spain) will have time to swap their assets before they get automatically converted into a compliant alternative.

Kraken isn’t just dropping USDT—it’s also saying goodbye to PayPal USD (PYUSD), Euro Tether (EURT), TrueUSD (TUSD), and TerraClassicUSD (UST). The exchange says it’s all about staying on the right side of European regulations, which are cracking down hard on stablecoins. To help users adjust, Kraken has laid out a clear timeline: margin trading will switch to “reduce-only” mode on February 13, meaning no new positions can be opened. By the end of February, users will only be able to sell, and forced liquidations for margin positions will hit during March.

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By the end of March, spot trading will be fully shut down, and after March 31, any leftover stablecoin balances will be auto-converted into a compliant alternative. Kraken is making it clear—this move only affects users in the EEA. Meanwhile, other big exchanges like Coinbase and Crypto.com are making similar moves, signaling a major shift in how stablecoins will operate in Europe.

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