Nokia has reportedly applied for a patent focused on encrypting digital assets, local Chinese media outlet Sina Finance reported on Dec. 23. The patent was reportedly filed in June 2024, and the application was published under CN119155674.

The last quarter of 2024 saw a significant slowdown of both hacks and exploits. The year is set to close with $1.49B in losses, though only logging $3.9M in losses for December.

The recently-released 2025 Crypto Market Outlook report by Coinbase Institutional provides a comprehensive analysis of the cryptocurrency industry's trajectory. Cryptocurrencies are evolving beyond their speculative origins, with the total market capitalization surging 96% in 2024 to reach $3.4 trillion by December.

Will political influence save Sam Bankman-Fried from a 25-year sentence?

Binance Labs and Kraken Ventures led the $10 million Series A funding round for Usual, a decentralized fiat-backed real-world assets stablecoin issuer.

The cryptocurrency market has experienced significant losses in the aftermath of the Federal Reserve's December 18, 2024, policy announcement. Total cryptocurrency market capitalization has plunged from $3.66 trillion on December 17, just 24 hours before the Fed's announcement, to $3.16 trillion as of December 23. This $500 billion, or 13.

The crypto industry in 2024 was defined by a stark divide between heroes and villains. Regulatory hurdles led by Gary Gensler and anti-crypto politicians cast a shadow over it while hackers exploited vulnerabilities, inflicting massive losses.

Phoenix Group plans a Nasdaq dual listing in 2025 to expand its global market reach. The company operates 765 MW cryptocurrency mining facilities in the UAE, U.S., and Canada.

Global police network Interpol has reportedly issued a “Red Notice” for Richard Schueler, better known as Richard Heart. Heart is the creator of the crypto project Hex.

The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital's research report shows. Blockchain developers are key to the crypto industry.

A recent patent application revealed the company's development of a device, method, and program for encrypting digital assets. The patent was filed with China's National Intellectual Property Administration (CNIPA) and disclosed on December 23rd.

The crypto industry witnessed losses totaling $1.49 billion in 2024 due to hacks and fraud, marking a 17% decrease from 2023. The post Crypto Industry Lost $1.49B to Hacks and Fraud in 2024, a 17% Decline YOY: Immunefi appeared first on Cryptonews.

Two California men, Gabriel Hay and Gavin Mayo, have been indicted for reportedly defrauding investors in several NFT rug pull schemes that saw $22 million drained from victims. The post NFT Promoters Indicted On $22 Million Rug Pull Fraud Schemes appeared first on Cryptonews.

In a thread on X, Hitesh Malviya, co-founder of DYOR—a free on-chain analytics platform—unveiled his set of crypto predictions for the year 2025. Malviya outlines pivotal trends and shifts expected to shape the crypto landscape.

Binance Launchpool will add a 10-day period for farming Bio Protocol (BIO). The token will be listed on Binance from January 3.

This week, digital currency company Crypto.com made a splash with several announcements. Among them was a partnership with the Salvation Army, coinciding with the busy holiday season of Christmas donations. On top of that, the company debuted its very first sports event trading product and launched its U.S. trust entity, the Crypto.com Custody Trust Company.

In May 2021, the TerraUSD stablecoin, an algorithmic token, experienced a "depeg" event, briefly falling below its $1 value.

The crypto market has entered a more cautious phase, as the Fear and Greed Index—used to gauge market sentiment—dropped to 70 on Monday. This decline marks the lowest level since Donald Trump's presidential victory last month.

The collapse of FTX in November 2022 marked one of the most high-profile failures in cryptocurrency history. Sam Bankman-Fried (SBF), the founder of the exchange, was convicted on seven charges, including fraud, after a trial that concluded in November 2023.

The long-awaited Santa Rally seems to have come to a premature end – but you've still got the Christmas bonus burning a hole in your pocket. With Bitcoin finishing down last week for the first time since early November, investors are consolidating their positions.

Crypto ETPs saw net inflows last week, despite sell-offs driven by hawkish comments from the Federal Reserve, according to CoinShares.

Sonic SVM, the developer of TikTok App Layer SonicX, has unveiled an ambitious new initiative: an airdrop of $SONIC tokens for all TikTok users onboarded through its platform.

Binance users can now lock their BNB and FDUSD to farm Bio Protocol's BIO token in the next ten days.

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Donald Trump has appointed Bo Hines as the executive director of his administration's new "Crypto Council."

The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital

Digital asset investment products saw $308 million in net inflows last week despite significant outflows of $1 billion over the final two days.

Despite being just a day away from Christmas Eve, the crypto market shows no signs of recovery, as Bitcoin, the flagship crypto asset, has failed to stay above $100,000.

The $55 million investment in crypto media platform The Block seeks to shape the future of the cryptocurrency industry, according to Forest Bai, co-founder of Foresight Ventures. In an interview with Benzinga, Bai recounted how the deal discussions started with a need for a baby gift for The Block's CEO, Larry Cermak, noting the unconventional beginning to what became a significant business transaction.

Crypto funds saw $1 billion in outflows at the end of last week, including $576 million in a single day, amid market jitters following a hawkish Fed stance.

AdEx, a prominent blockchain-based advertising platform, has introduced AdEx AURA, an advanced AI-powered tool designed to utilize public blockchain data from Ethereum (ETH) and Layer 2 to deliver personalized recommendations for users and developers, as learned by Finbold on Monday, December 23.

As the cryptocurrency landscape rapidly expands, users search for the most reliable wallets to ensure success. The perfect wallet offers robust security, ease of use, and features like multi-chain capabilities, detailed tracking tools, and more. This review highlights four standout wallets of the year: Plus Wallet, Exodus, Coinbase, and Trezor.

In the US, former football star Robert “Bo” Hines has been appointed as executive director of the Presidential Council of Advisers for Digital Assets, signaling yet another positive move for cryptocurrency policy.

FTX founder Sam Bankman Fried is facing 25 years of imprisonment for his role in the FTX crash. However, his legal team is constantly working on reducing the sentence, which is why the upcoming bankruptcy proceedings in January 2025 are crucial.

Elvira Nabiullina, the Governor of the Central Bank of Russia, and Deputy Governor Alexei Zabotkin recently addressed the media following the bank's decision to keep the key interest rate at 21%, an unexpected move that has garnered attention.

A Nokia patent application showed that the company may be diving into digital asset encryption.

Bo Hines' appointment signals Trump's push to position the U.S. as a crypto leader.

The crypto market is experiencing a tumultuous period, with Bitcoin leading the bearish slump. While Bitcoin saw significant gains earlier this month, it has since experienced a sharp decline.

With his genius for bankrupting businesses – including a casino – who would have thought that people would be seriously taking financial cues from President-elect Donald Trump? Yet here we are.

Bullish, the parent company of CoinDesk, has fired three senior editors, including Editor-in-Chief Kevin Reynolds, amid controversy over editorial independence following the removal of an article about Tron founder Justin Sun's extravagant purchase. The post Bullish Fires CoinDesk Editors Amid Independence Controversy Over Justin Sun Article appeared first on Cryptonews.

Predictions are hard but here are 10 for 2025. These cover crypto, AI, blockchain and business.

While the cryptocurrency space provides a wealth of transformative potential for financial systems — and serves as an exciting market for speculative investments, there's always a darker side to the story.

The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country's stance on digital currencies.

LeisureMeta revealed its plans to take advantage of SIX Network's expertise in blockchain solutions and real-world asset (RWA) tokenization.

Institutional adoption of cryptocurrencies is now “for real this time,” according to Messari's 2025 crypto theses report, which highlights the growing presence of traditional finance in digital assets. What Happened: The report cites approvals of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs), increasing involvement from major financial players and the expanding role of tokenized assets as evidence that institutional adoption is firmly underway.

SBF's status as a major donor to the Democratic Party has fueled discussions about potential clemency.

"Currently you arrive in the Web3 city and its logos and lights are everywhere, but little else," co-founder Jonathan Knegtel told Decrypt.