Author: John Smith

Crypto.news spoke with Pantera Capital’s general partner, Cosmo Jiang, about artificial intelligence, the rise of deepfakes, and how AI can work alongside blockchain. As the global AI market is expected to grow to about $3.6 trillion by 2034, crypto.news sat down with Pantera Capital, a California-based crypto venture pioneer, to dive into the topic. In this interview, we chat with Cosmo Jiang, Pantera’s general partner, who joined from Nova River, a web3 venture firm, where he ran a long-biased digital asset fund. CN: Do you think AI will lead to more sophisticated scams in crypto? We’re already seeing deepfakes of…

Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network’s ecosystem.  The launch brings another product tracking one of the top projects in the Solana (SOL) ecosystem, Grayscale said in a press release. “The Pyth network plays one of the most significant roles in the Solana ecosystem,” Rayhaneh Sharif-Askary, Grayscale’s head of product & research,said. “By introducing Grayscale Pyth Trust, we aim to give investors access to additional higher-beta and higher-upside…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A study by Lambis Dionysopoulos and Andrew Urquhart highlights the history, growth, and importance of stablecoins since they were launched 10 years ago as both a medium of exchange and a store of value, particularly in regions with monetary instability and/or limited access to the US dollar. The study details the use of stablecoins by businesses, financial institutions, and individuals for international cross-border payments, liquidity management, and protection against currency fluctuations in a swifter, more cost-effective way…

Michael Saylor said Strategy didn’t buy any new Bitcoin last week, maintaining its current 478,740 BTC hoard. Strategy, formerly MicroStrategy, saw zero patronage for its class A common stock offered through its at-the-market equity program between Feb. 10 and Feb. 14, executive chairman Michael Saylor shared on X.com. The ATM funds Strategy’s Bitcoin (BTC) buying scheme by selling shares to raise capital. Saylor’s firm has invested $31.1 billion in the leading cryptocurrency since 2020. Most of that cash pool was raised from its equity program. With no new class A stock sold last week, Strategy retained its 478,740 Bitcoin reserve,…

A South American agribusiness company announced it received an unsolicited, non-binding proposal from Tether Investments. The proposal is to acquire a majority stake through a tender offer at $12.41 per share. The deal would give Tether a 51% stake in the company. Tether (USDT), which currently holds approximately 19.4% of Adecoagro’s outstanding shares, submitted the proposal on February 14, 2025.  The company’s board met two days later and decided to engage legal and financial advisors to evaluate the offer. The board has not made a final decision and advised shareholders not to take action yet. Adecoagro, founded in 2002 and…

Ethereum price has stalled this month as cryptocurrency investors remain on the sidelines, but some fundamental and technical catalysts may push it higher. Ethereum (ETH), the second-biggest cryptocurrency, was trading at $2,700 on Tuesday, a 35% drop from its highest level in November. This price is notable since it coincides with where it was trading on the same date in 2024. A few catalysts may help to push Ethereum price higher in the coming months. First, data shows that spot Ethereum ETFs have continued having inflows from Wall Street investors. They have had daily inflows in 7 out of 10…

The Core Foundation in partnership with Maple Finance, BitGo, Copper, Hex Trust has launched a Bitcoin token designed for institutions to earn return from idle BTC. In a press release received by crypto.news, IstBTC has announced a new liquid, yield-bearing Bitcoin (BTC) token specifically designed for institutions to reap back billions of dollars while maintaining security, compliance, and liquidity. Institutions can mint lstBTC by depositing Bitcoin with custodians like BitGo, Copper, or Hex Trust. Unlike other tokens, IstBTC accumulates yield while remaining fully liquid. That way, institutions are able to trade, transfer, or pledge lstBTC as collateral. When redeemed, holders…

Binance executive Tigran Gambaryan is facing a $662,000 defamation lawsuit from a Nigerian lawmaker who denies allegations of bribery. Nigerian lawmaker Philip Agbese has filed a 1 billion Nigerian Naira (around $662,000) defamation lawsuit against Tigran Gambaryan, a Binance executive, over bribery allegations, local news outlet Vanguard has learned. The suit, lodged at the Federal Capital Territory High Court in Abuja, claims that Gambaryan falsely linked Agbese to corruption schemes, per the report. Agbese denies the allegations and seeks a court declaration that the claims are defamatory. The lawsuit also demands a public apology, a ban on further claims, and…

Russian power grid operator Rosseti reported losses of over 1.3 billion rubles in 2024 due to illegal crypto mining operations that siphoned electricity through unauthorized connections. The Russian power grid company Rosseti reported losses exceeding 1.3 billion rubles in 2024 due to illegal connections by unauthorized crypto miners. The highest recorded losses occurred in the North Caucasus, where Rosseti Severny Kavkaz reported more than 600 million rubles in damages. In Novosibirsk, losses amounted to 400 million rubles, while Rosseti Center and Privolzhye registered 120 million rubles in loss. Rosseti confirmed that 130 cases of unauthorized network connections and unaccounted electricity…

Cyprus police have warned the public about a surge in SMS scams impersonating a crypto exchange. Cyprus police have issued a warning about a rise in SMS fraud targeting crypto investors, with scammers impersonating the Binance crypto exchange, Cyprus Mail reports, citing a statement from the cybercrime division of the police. The fraudsters are reportedly sending mass text messages claiming that an “unauthorized login attempt has been detected from a foreign country” on users’ Binance profiles. The messages tell recipients to call a phone number, trying to trick them into giving up their login details and account access, the report…