On February 14 2025 the cryptocurrency sector faced complex diplomatic struggles that altered how different businesses within this sector operated. The public saw a video of a Near Protocol staff member broadcasting inappropriate content on live media.
During a live public call a former Near Protocol worker displayed inappropriate visual content by mistake. During a livestream with Cameron Dennis Andrew Krynin showed his business development career at layer-1 blockchain platform before the camera malfunction took place.
Near Protocol responded to this embarrassing situation with a trivia security update that urged people to split their work and personal technology. The organization posted its official apology admitting total responsibility after several hours.
GameStop Shares Surge On Bitcoin Speculation
Following CNBC’s disclosure GameStop (GME) stock jumped 18% during post-market hours because the retailer might invest in Bitcoin and other alternative investments. The stock advanced to $31.30 before ending at $28.31 which created a 7.5% gain from its previous close at $26.34.
People began to talk about the possible Bitcoin investment by GameStop after its CEO sought Michael Saylor’s advice on bitcoin earlier this month. However, GameStop has not officially made any decision yet about its future plans with crypto. The company tested crypto services earlier but had to stop its wallet and NFT marketplace operations because of legal complications.
The US-China trade conflict slows when US Bitcoin mining businesses get their mining equipment shipments from China. Bitcoin mining companies based in the United States experience long delivery delays for their ASIC orders from Bitmain in China due to the ongoing US-China trade conflicts. Since November 2024 the CBP keeps tracking US imports more strictly which delays shipment deliveries by several months.
In January 2025 US authorities restricted Sophgo access to technology because it partnered with Bitmain which worsened shipment delays. Betting companies in America must now deal with extended delivery waits from Bitmain along with Bitcoin mining challenges and industry rivalry which affects their profitability.
Geopolitical disputes and regulatory mystery make investors hold their investments while they wait and watch for further news.
