Weekly Article Recap: 1/27-1/31

The Stories that You Can’t Afford to Miss This Week

As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed 

about the latest developments and trends. Our weekly recap provides a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.

Crypto.com to Delist USDT for EU Users by January 31

Crypto.com will delist Tether’s USDT for European users starting January 31, 2025, in compliance with the EU’s MiCA regulations. USDT purchases will be suspended this month, and users must convert holdings by March 31. Unconverted funds will be automatically transferred to a MiCA-compliant asset. The move follows Crypto.com’s MiCA licensing in Malta.

Learn more in the article. 

Tether Integrates USDT into Bitcoin Ecosystem, Unlocking Fast, Low-Cost Transactions

Tether has integrated USDT with Bitcoin’s base layer and Lightning Network using the Taproot Assets protocol. This move enables faster, low-cost transactions while leveraging Bitcoin’s security, marking a significant step for stablecoins on the Bitcoin network.

Details here. 

Pump.fun Faces Lawsuit Over $500M in Fees and Alleged Securities Violations

Memecoin platform Pump.fun is facing a class action lawsuit in New York, alleging it generated $500M in fees from unregistered securities. Filed on Jan. 30, 2025, the lawsuit targets Baton Corporation Ltd and executives Alon Cohen, Dylan Kerler, and Noah Tweedale. Plaintiff Diego Aguilar claims financial losses from tokens like Fwog and Griffain, which he says were aggressively marketed with exaggerated profit promises.

Read the full story. 

Sei Foundation Launches $65M Fund for Decentralized Science Startups

Sei Foundation has unveiled a $65 million venture fund, Sapien Capital—Open Science Fund I, to support decentralized science (DeSci) projects on the Sei Network. The fund will invest $100,000 to $2 million in startups leveraging blockchain for transparent research and funding. According to Sei’s head of business development, Justin Barlow, the full amount will be deployed over the next three to four years.

Find more information here. 

TON Blockchain Unveils 2025 Roadmap with Ambitious Plans for Layer 2 Payment Network

The Open Network (TON) has released its roadmap for early 2025, highlighting a Layer 2 payment network aimed at enhancing scalability and transaction speed. Similar to Bitcoin’s Lightning Network, it promises instant, low-cost transfers—beneficial for on-chain trading and gaming. The roadmap also includes improvements in decentralization and usability to strengthen TON’s blockchain ecosystem.

Details in the article.