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ToggleYesterday, the Crypto market saw many noteworthy news. Brothers, let's take a look at the hottest Crypto news compiled by Allinstation!
The hottest Crypto news yesterday - February 17
Binance surveys the community about listing PI (Pi Network)
On February 17, 2025, Binance - the world's leading Cryptocurrency exchange - officially announced the launch of a community poll on the potential listing of Pi Network (PI).
According to the announcement on the Binance website, this survey aims to collect user feedback on the demand for trading the PI token on the platform. Although Binance has not made a definite commitment to listing, the poll results may influence the exchange's decision. This is seen as a positive signal for the Pi Network community.
Details: Binance surveys the community about listing PI (Pi Network)
FTX wallet starts preparing before the day to pay users
On February 17, according to monitoring data from Arkham, the official FTX wallet has made three consecutive transactions, transferring a total of 0.303 BTC about 2 hours ago. This move may be the first test for the process of refunding customers in the context of this bankrupt trading platform preparing to begin the reimbursement process.
This development is attracting the attention of the investor community, who are awaiting the reimbursement process of FTX after more than two years since the collapse of this trading platform.
Details: FTX wallet starts preparing before the day to pay users
Binance will delist 4 coins after
Binance has just announced that it will delist 6 coins, including:
- AirDAO (AMB)
- CLV (CLV)
- StormX (STMX)
- VITE (VITE)
Details: Binance will delist 4 coins after
Metaplanet announces to continue buying more Bitcoin
Metaplanet, a company likened to "Asian MicroStrategy", has just announced the purchase of an additional 269.43 BTC worth about 4 billion yen on the morning of February 17, 2025 (Vietnam time). This is Metaplanet's first purchase this year after temporarily suspending new purchases in January 2025, and marks the beginning of its goal to own 10,000 BTC in 2025.
Details: Metaplanet announces to continue buying more Bitcoin
BNB Chain will prioritize processing memecoin transactions as network activity surges
BNB Chain has implemented new optimization measures for the BSC network amid a surge in memecoin transactions, driving up gas fees and causing congestion.
Currently, validators on BSC stop processing transactions when the block limit is reached, with each block created every 3 seconds. However, when traffic spikes, many time-sensitive transactions, such as memecoin swaps, may not be confirmed in time.
Details: BNB Chain will prioritize processing memecoin transactions as network activity surges
Vitalik Buterin reveals long-term solution for Ethereum
Vitalik Buterin, co-founder of Ethereum, has announced a long-term solution to enhance the decentralization and scalability of Ethereum. To address concerns about the increasing complexity of operating light clients in the ecosystem prioritizing rollups, Vitalik has proposed a solution based on Ethereum Request for Comment (ERC), similar to EIP-3668.
This solution could create a breakthrough in verifying the status of Layer-2 (L2) networks in a more decentralized and efficient way. As Ethereum expands horizontally through rollup, the community is asking how wallets and applications will manage multiple light clients without relying on centralized third parties.
Details: Vitalik Buterin reveals long-term solution for Ethereum
Argentine President faces impeachment risk after LIBRA memecoin scandal
On 14/2, President Milei posted on X, praising the LIBRA memecoin as a tool to boost the Argentine economy and support small businesses. Within a few hours, the LIBRA price skyrocketed, pushing the market capitalization to over $4 billion. This strong uptrend brought huge profits to those involved, with at least 8 internal wallets withdrawing $57.6 million and 249,671 SOL worth $49.7 million, according to data from Lookonchain.
However, after the frenzy, LIBRA plummeted, causing massive losses for investors. This event raised suspicions of a pump & dump scheme, prompting Milei to hastily delete the post and declare that he did not have in-depth knowledge of this project.