Story Protocol Launches Intellectual Property-Focused Blockchain and $IP Token
Key updates from the cryptocurrency sector include:
- Story Protocol Launch: Story Protocol has launched an IP-focused blockchain, allowing users to register intellectual property and track its usage. The $IP token facilitates transactions and governance. PIP Labs raised $80 million in Series B funding, totaling $140 million for the project.
- Open Intents Framework by Ethereum Developers: A new framework aims to standardize cross-chain token transfers. Supported by 25 projects, including layer-2 teams, it enhances intent-based transactions across the Ethereum ecosystem.
- Monad and Orderly Network Collaboration: Monad is partnering with Orderly Network as it launches its testnet. This collaboration anticipates increased DeFi activity, supported by a range of decentralized exchanges.
- Trump's Influence in Crypto: Donald Trump has emerged as a significant figure in the crypto space, promoting tokens like $TRUMP and engaging in ventures through World Liberty Financial, raising concerns about conflicts of interest.
In regulatory updates, eToro secured a MiCA license from Cyprus to offer crypto services in the EEA.
Upcoming events include:
- Feb. 19-20: ConsensusHK, Hong Kong
- Feb. 23-24: NFT Paris
- Feb. 23-March 2: ETHDenver
- March 18-19: Digital Asset Summit, London
- May 14-16: Consensus, Toronto
- May 27-29: Bitcoin 2025, Las Vegas