Coinbase chief executive Brian Armstrong thinks crypto companies shouldn't work with law firms that hire former regulators who policed the digital asset space during the Biden Administration. Armstrong blasted the law firm Milbank LLP for hiring Gurbir S. Grewal, a former director of the Division of Enforcement for the U.S. Securities and Exchange Commission (SEC).

The president elect Donald Trump has announced that Paul Atkins will be the next chair of the Securities and Exchanges Commission (SEC) with Trump stating:

Woori Technology, a South Korean venture capital firm, is reportedly considering selling its stake in Dunamu, the parent company of the Upbit crypto exchange. Upbit is the largest crypto trading platform in the East Asian country.

A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university's law department.

Missouri lawmakers have been trying hard to pass an anti-CBDC bill, and one of these days they may succeed.

Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress.

The cryptocurrency market's evolution continues apace as institutional and retail money flows reshape trading dynamics. With a total market capitalization of $3.73 trillion, both traditional and crypto-native institutions are leaving their mark across multiple market segments. Institutional capital flows most visibly through the growing ETF ecosystem. Bitcoin ETFs have accumulated $104.

The maturing crypto options market is aiding investors in implementing customized strategies for hedging, leverage, and yield generation while enhancing market sentiment analysis, says Dennis Ehlert.

Current weekly views remain below the all-time high of 9.3 million, indicating potential room for growth in retail engagement.

The worldwide usage of cryptocurrencies including stablecoins in online trades is wanting. That's per a new IDA Finance and Quinlan Associates payments report.

Hut 8 announces a $500M at-the-market offering to expand its digital infrastructure and acquire Bitcoin reserves, alongside a $250M stock buyback plan designed to deliver shareholder value and support long-term financial goals amid volatile market conditions. The post Hut 8 Launches $500M ATM Program and $250M Stock Repurchase Plan appeared first on Cryptonews.

A UK-led investigation uncovered a crypto laundering network used by Russian spies and European drug traffickers to evade sanctions through cryptocurrency.

U.S. President-elect Donald Trump's pro-crypto stance is prompting small businesses to allocate portions of their cash to bitcoin, challenging the dominance of traditional assets as companies look for more robust inflation hedges.

Cryptocurrency exchange Coinbase has upgraded its Coinbase One subscription program and launched a new tier called Coinbase One Premium. With these new offerings, “Coinbase One now truly benefits all types of traders,” the company said in a Wednesday (Dec. 4) press release.

Canadian fintech company Nuvei has unveiled a new blockchain solution targeting merchants across Latin America. In an announcement on Dec. 4, Nuvei revealed it would be partnering with several companies to bring this solution to the region.

Many memecoiners thought retail investors would fall head over heels for memes, but they appear to be more interested in “dino coins” like XRP and TRX.

TL;DR Bitcoin reaches a new all-time high of $99.4k, but several risk indicators suggest potential demand exhaustion in the market. The concentration of supply between $87k and $98k indicates that a correction could face resistance due to the lack of available supply.

The US Government transferred $33.6M in seized crypto from FTX wallets to undisclosed addresses. Assets include 5,024 ETH and $13.58M in BUSD. These moves raise speculation about transparency and management strategies for seized digital assets amid increasing scrutiny of FTX's collapse. The post U.S. Government Transfers $33.6 Million in Seized FTX Crypto to Strange Addresses appeared first on Cryptonews.

This is a segment from the Empire newsletter. To read full editions, subscribe.

MetaMask and Linea introduce a #CryptoHolidayChallenge, offering users in Europe, the UK, and Switzerland a chance to win USDC rewards by showcasing their MetaMask Card usage this holiday season.

Key Points:

The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.

Bybit is cautiously expanding its reach into China by allowing VPN-based access to users while also planning a regulatory comeback in Hong Kong.

Safe has launched Safenet, a cross-chain transaction processor network inspired by Visa, aiming to enhance on-chain and cross-chain transactions, with an alpha release planned for early 2025 to improve liquidity and scalability in decentralized finance. The post Safe Aims for Visa-Like Crypto Payments with Safenet Cross-Chain Transactions appeared first on Cryptonews.

Aerodrome Finance (AERO), the largest DeFi protocol on Coinbase's L2 Base, and Kaia (KAIA), a product of Klaytn's rebranding, have seen their key tokens listed by Binance Futures in the USD-margined section. Both assets are available for trading with up to 75x leverage.

In early November, SEC Commissioner Hester Pierce delivered a fierce speech emblematic of her pro-crypto stance, offering a critique of her agency's hostile treatment of digital assets and other innovative financial technologies in the United States. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law.

The chief executive of blockchain intelligence platform CryptoQuant believes a potential incoming altseason will not be like prior ones for one key reason.

The reason memecoins are so popular right now is the huge eye-popping returns. And if you are new to crypto, you might think that's the only way to make big money.

Camino Network is joining forces with e-money provider Monerium to advance on-chain payments in the travel industry.

The company announced its plans to cease operations by January 2025. In December, RTFKT will issue its last collection, the MNLTH X.

Explore key crypto trends for 2025, including AI's role in blockchain, stablecoin adoption by enterprises, and onchain government bonds, according to a16z crypto.

The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC's position continues to be that many digital assets are financial products under the current law.

The exchange-traded fund is designed to earn income from writing options against cryptocurrency stocks.

Cambodia has recently blocked 16 major cryptocurrency exchange websites, including Binance and Coinbase, as part of efforts to regulate the digital asset market.

Squid has unwrapped a decentralized intent-based liquidity protocol that promises cheaper, faster, and more efficient cross-chain swaps.

Topper's crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat.

Topper's crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat.

Roger Ver, famously known as “Bitcoin Jesus” for his early promotion of Bitcoin, is now embroiled in a heated legal battle with U.S. authorities. The cryptocurrency advocate faces allegations of dodging $48 million in taxes related to his sale of Bitcoin worth $240 million.

The Missouri Senate has introduced a bill to prohibit central bank digital currencies as legal tender while encouraging the state to hold more of its reserves in gold and silver.

Bitfinex Pay has released version 0.7.5, introducing enhancements to its Merchant Dashboard, including support for Polygon Ecosystem Tokens and improvements in payment processing.

There's soaring interest in donating cryptocurrency to charity as digital currency investors seek to maximize their tax break and impact.

Mashinsky admitted to faking regulatory approval claims and secretly profiting $48 million from inflated CEL token sales.

El Salvador once again establishes itself as a pioneer in global financial innovation, thanks to the success of its NextBridge platform, which has raised as much as 30 million dollars through an offering of tokenized U.S. Treasury bonds.

Free-to-play web3 video game Chainers announced a closed playtest for its multiplayer shooter, offering rewards in NFTs and CFB tokens. Chainers.

The following article is adapted from The Block's newsletter, The Daily, which comes out every weekday for subscribers.

NextBridge's new tokenized US Treasury bills offering is part of a wider trend in the financial industry, with competitors including BlackRock and Franklin Templeton.

NexBridge's new US Treasury bill offering is part of a wider trend in the financial industry, with competitors including BlackRock and Franklin Templeton.

Paul Atkins is reportedly the leading candidate for SEC Chair under President-elect Donald Trump, though reports suggest he is hesitant to take over the position.