Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million.

Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.

The U.K financial services regulator issued the payments provider a 166 notice late last year

Venture capital (VC) interest in crypto startups has dramatically shifted, with many firms now overlooking the sector for funding opportunities.

Nvidia investors are taking their battle to the U.S. Supreme Court as they claim that the tech giant misled them about how reliant it was on sales to cryptocurrency miners. The U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) are backing these investors, suggesting their solid claims shouldn't be dismissed.

SWIFT, the global interbank cooperative society, will allow over 11 thousand financial institutions to conduct digital asset transactions over its network next year.

After setting the stage for bullish sentiment in September, the crypto market opened the fourth quarter with a bearish outlook. Led by Bitcoin (BTC) and Ethereum (ETH), the cryptocurrency market cap has wiped out over $200 billion in valuation during the past three days.

September saw a significant decline in trading activity across centralized exchanges, with combined spot and derivatives trading volumes dropping 17% to $4.34 trillion, as per the latest CCData report.

The DOJ and the SEC say they have “strong interest" in the case and argue that the class-action suit should proceed.

On Thursday, Visa launched the Visa Tokenized Asset Platform (VTAP) through a partnership with a Spanish bank. VTAP is a tool for banks to launch real-world assets (RWAs), connecting them to the crypto ecosystem.

The defendant fell victim to crypto theft enabled by a SIM swap incident perpetrated by a teenager and his 20-year-old friend in 2018.

Visa reports that BBVA is one of many participating institutions trying out VTAP. Interoperability across several blockchains is a key component of Visa's platform concept.

Binance has faced a series of regulatory hurdles in the past two years, stymying the exchange's plans to onboard more users.

Chainalysis CEO Michael Gronager has stepped down from his role after a decade.

“Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment.

Pekao Bank from Poland, the country's second largest lender, is making headlines by taking a bold approach to preserving art. Using the medium of blockchain technology, it has kept some of its most valuable artworks in an Arctic vault, and less exposed to the elements.

Russia has reportedly launched a crackdown on illegal crypto exchanges, with officers raiding “dozens of addresses” in Saint Petersburg and beyond.

A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S.

Billionaire investor and television celebrity Mark Cuban has thrown his support behind Republican Senate hopeful John Deaton, who is running against anti-cryptocurrency crusader Sen. Elizabeth Warren (D-Mass.

According to a recent report by Bloomberg, Binance, the world's largest cryptocurrency exchange by trading volume, is facing significant challenges as its market share continues to decline. In September, Binance's share of trading volume in the roughly $2 trillion digital asset market fell to 36.6%, down sharply from 42.7% at the start of the year and the lowest level in four years, according to data from CCData.

Issuers awaits SEC decision on their crypto index ETF applications amid renewed crypto index investing optimism.

Masaaki Taira, Japan's newly appointed Digital Transformation Minister, has hinted that he will push for crypto tax reform.

Venture capital (VC) funds invested over $659 million in crypto startups last month, representing a 3% increase compared to August, according to DefiLlama data. The blockchain gaming sector grew for the second consecutive month, with VC funds pouring $63 million into blockchain titles, marking a 32% monthly growth.

While the eye-popping price caught some by surprise, the devil is in the details of this massive CryptoPunks transaction.

In September 2024, Binance saw a significant drop in trading volume. In a report by CCData, the platform has reported the least trading volumes in both the derivatives and the spot since December 2023.

Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic sovereignty and independence of our countries,” while sidestepping the use of third-party payment networks.

The new rules will take effect on January 1, 2025, giving VASPs until September to register. Local reports confirm that companies not meeting these standards will face harsh penalties.

With its stablecoin initiative, BBVA aims to extend its services to underbanked populations, using digital currency as a tool for greater financial access and inclusion.

The cryptocurrency market has taken a significant hit today, with the total market capitalization plummeting to approximately $2.08 trillion. This decline follows a period of sharp volatility, leaving investors and analysts alike questioning what led to this downturn.

Crypto's largest exchange, Binance, lost market share during Red September while competitors captured more user trading volume. According to an Oct.

According to CoinGecko, memecoins were the biggest crypto narrative in the second quarter of 2024, with a 14.3% share of all transaction volume.

Binance, known for its domination in the crypto exchange market since inception, has recently seen a significant slump in its trading activity. The exchange experienced a 20% drop in trading volume during September, compared to the previous month. This decline comes amid rising competition from platforms like Crypto.

Banks are gearing up to trial crypto transactions on the Swift network as the industry's shift toward tokenization accelerates. Financial institutions will soon use Swift's platform to settle “digital assets and currencies,” with pilots kicking off next year.

Pantera Capital CEO Dan Morehead thinks the US will have a “rational policy on blockchain” regardless of who wins November's presidential election. In a recent newsletter, Morehead points to Vice President Kamala Harris' decision to mention the blockchain sector in a speech last week.

Rep. Rich McCormick says the U.S. government's treatment of Binance exec Tigran Gambaryan—who is being detained in Nigeria—has been hypocritical compared to Brittney Griner.

Rising stablecoins in Sub-Saharan Africa are transforming the financial landscape, providing a lifeline to millions of desperate individuals struggling against instability in their economies. According to recent reports, stablecoins now make up 43% of total cryptocurrency transactions in this region.

Transak has announced that the Alabama Securities Commission has awarded it its first Money Transmitter License (MTL). With this noteworthy accomplishment, Transak's goal to provide safe and easily accessible crypto services throughout the US has advanced significantly.

Cryptocurrency exchange Coinbase is expanding the ways businesses can pay. PayPal paid invoices to EY using the PayPal USD (PYUSD) stablecoin deposited into EY's Coinbase Prime account, according to a Thursday (Oct. 3) news release.

Former US president Donald Trump has gained a slight lead over vice president Kamala Harris in the upcoming presidential election, with Polymarket data showing Trump at 50% and Harris trailing at 49%. Even though the race has been tight, the crypto supporters are slowly coming out of the shadows, as new polls reveal that the

Kraken has expanded its offshore with a new derivatives trading venue in Bermuda, licensed by the Bermuda Monetary Authority.

Chainalysis co-founder and CEO Michael Gronager has stepped back and has been on "personal leave" since Sept. 25 for "a personal issue."

A special law enforcement operation by the Australian Federal Police (AFP) has enabled authorities to gain access to crypto assets linked to the alleged mastermind and administrator of an organized crime app.

The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market.

Paul Grewal, the Chief Legal Officer at Coinbase has spotted some inconsistencies in crucial legal claims of the United States Securities and Exchange Commission (SEC). The basis for his opinion was the Lejilex lawsuit controversy that had the regulator file a reply brief.

Transak expands its U.S. operations with a Money Transmitter License in Alabama, improving its on-ramp services and promoting crypto adoption.

While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com's surged over 40%.

India's Enforcement Directorate, part of the Ministry of Finance, has launched an investigation into a ₹400 crore ($48 million) fraud. This fraud, part of the larger initiative where India cracks down on $48M crypto fraud, is connected to the online gaming app Fiewin.