In a latest development, the financial authorities have notified Upbit, the leading virtual asset exchange in South Korea, of a suspension of its business operations. This action follows allegations of the platform's failure to comply with anti-money laundering (AML) obligations, including violations of the customer identification system (KYC).

Sony's new Ethereum Layer 2 network Soneium restricted unauthorized use of its IP while maintaining user access through alternative transaction methods, demonstrating a balance between corporate control and blockchain accessibility.

VanEck filed an application with the SEC for an "Onchain Economy" ETF that would invest 80% of its assets in digital transformation companies, joining a wave of recent digital asset ETF proposals from major financial firms.

The company intends to use the new financing to develop its onchain UX platform via its software development kits.

Up to 166,666,667 ALIGN tokens are up for grabs in this sale.

The survey, released on January 15th, 2024, revealed that over 60% of crypto investors are aged between 25 and 44. The majority of these crypto investors fall into the younger, educated, and financially cautious category.

Arkansas lawmakers are pushing a new bill to restrict crypto mining operations near military bases, citing security concerns.

TL;DR Sony's Ethereum Layer-2 blockchain, Soneium, faced backlash for blacklisting meme coins like Aibo and Toro, sparking censorship concerns. Vitalik Buterin emphasized businesses' rights to control their platforms, highlighting the balance between innovation and ethical responsibility.

Scam Sniffer revealed that crypto phishing scams on Telegram have skyrocketed by over 2,000% since November 2024, marking a shift toward sophisticated malware-driven tactics.

The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) issued a clarification regarding VAT (Value Added Tax) for those dealing in cryptocurrency mining.

Pump.fun, a Solana-based memecoin launchpad, faces a lawsuit from Burwick Law over alleged unethical practices and $398M revenue.

The country's prime minister held discussions with Abu Dhabi's government and crypto exchange Binance to formulate how to move forward.

Upbit must respond to the FSC's suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.

The businessman and political figure shared that his portfolio includes $BTC, $ETH, $SOL, and $SUI. This signals his confidence in the future of digital currencies.

Upbit's regulatory challenges may disrupt South Korea's crypto market, impacting investor confidence and prompting stricter industry oversight. The post Upbit faces business suspension and fines over anti-money laundering violations appeared first on Crypto Briefing.

The crypto industry is full of investors' achievements and devastating lessons. However, only a few could pull off significant returns that surprise the entire community, like this crypto trader, who made a 1000% profit within 24 hours.

The NFT market (non-fungible tokens) recorded its worst performance in 2024 since 2020, with a nearly 20% drop in trading volumes and sales, according to the latest report from DappRadar. This underperformance paradoxically occurs in a context of a general rise in the crypto market.

Since the start of the year, the crypto market has become more volatile, with the prices of the cryptos fluctuating with more margin. Bitcoin, for example, surged beyond $100K from the interim lows below $92,000 and further dropped below $90,000 before marching back beyond the range.

In the Web3 era, the deep integration of culture and finance is reshaping the future of the crypto market. As the world's first AI Agent-driven Meme + DeFi all-in-one platform, MOMO.FUN is setting new standards for the issuance, trading, and management of Meme assets through innovative technology and ecosystem design.

At CES 2025, through the eyes of artificial intelligence (AI) enthusiast Robert Scoble, we had a sneak peek at how far decentralized AI can go.

South Korea's regulator is about to suspend Upbit's operations, citing the exchange's failure to properly implement KYC processes.

As the cryptocurrency market shows signs of bullishness today, JAVONMARKS (@JavonTM1) has highlighted several coins he believes could deliver substantial returns, potentially over 200%, in 2025. Amidst a broader market anticipation for an altcoin surge, as echoed by @CryptooELITES who predict altcoins could skyrocket 50X soon, here's a closer look at the cryptos JAVONMARKS has

South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump.

Dubai is set to elevate its status as a global hub for blockchain and emerging technologies with the announcement of a groundbreaking Crypto Tower in Jumeirah Lakes Towers.

Maincard.io is on the path to becoming the go-to platform for iGaming companies adopting Blockchain technology worldwide.

CCData reports that the centralized exchange (CEX) trading volume hit $11.3T in December, setting a new record with a 7.58% increase from November. Binance accounted for the largest share of trading activity with $946B.

Upbit is South Korea's largest crypto exchange and one of world's largest centralized trading platform in terms of volume.

RWAs are set to transform finance, with stablecoins, tokenized products and regulatory shifts in the US paving the way for 2025 growth.

With the rapid development of the global cryptocurrency market, futures trading has become the preferred trading method for an increasing number of investors.

“A decade of self-custody, security, and innovation.”

The SEC is undergoing a leadership change with crypto-friendly commissioners gaining control, potentially leading to policy revisions and reduced enforcement actions against crypto companies.

Founder of Burwick Law, a law firm from the U.S., Max Burwick, has accused the Solana-based memecoin launchpad, Pump.fun, of being a ponzi scheme.

The Malaysian Prime Minister recently announced that the government will explore policies to regulate the digital finance sector to improve the country's outdated financial system, following meetings with leaders from the United Arab Emirates (UAE) and Changpeng Zhao, the founder of the crypto exchange Binance.

A Russian national was sentenced to seven years in prison for high treason involving cryptocurrency. The individual repeatedly transferred funds to a unit of the Ukrainian Armed Forces using crypto.

The attackers now opt for more 'sophisticated' malware to target crypto investors via trading or airdrop groups on Telegram.

Freename, a multi-chain Web3 namespace platform, has teamed up with Etherlink, a Layer-2 (L2) blockchain, to introduce the new top-level domain (TLD) ‘.etherlink,' as outlined in the latest report shared with Finbold on Thursday, January 16.

Aurora Labs is handing memecoin creators and decentralized application developers their very own blockchain on a plate with the launch of its super-simple, user-friendly Aurora Cloud Console today.

A CryptoQuant survey reveals that young, educated and experienced investors dominate the cryptocurrency market, with Binance emerging as the most preferred exchange.

December marked a historic milestone for centralized crypto exchanges, achieving the highest combined spot and derivatives trading volumes ever recorded. The post December Sets Record for Spot and Derivatives Trading on Centralized Crypto Exchanges appeared first on Cryptonews.

The SEC is set to begin overhauling its cryptocurrency policies under Trump's administration, with Republican commissioners planning to review enforcement cases and develop clearer guidelines for the industry, marking a shift from the agency's previous strict regulatory approach.

The explosive growth of AI agents demonstrates their rising popularity with their combined appeal of technical innovation and market influence.

Apple and Google have decided to remove apps developed by Huione Group from their marketplaces following allegations of their involvement in illicit activities. The removal from the app stores of these major tech giants ramps up Huione Group's mounting problems.

NFT trading volumes saw a significant drop in 2024, falling by 19% to $13.7 billion, the lowest since 2020.

South Korea's regulatory industry for cryptocurrency continues to evolve, with authorities adopting a cautious approach to corporate investments in digital assets. On Wednesday January 15, the Financial Services Commission (FSC) hosted its second Virtual Asset Committee meeting, where it discussed the progress of new crypto investor protection laws.

Crypto scammers have shifted dramatically to Telegram-based malware attacks, showing a 2,000% increase since November 2023, leading to $2.3 billion in total crypto theft for 2024 through sophisticated verification bot scams and social engineering tactics.

The U.S. Securities and Exchange Commission (SEC) could see a shift in its approach to cryptocurrency enforcement under the incoming Trump administration.

Arkansas lawmakers have introduced Senate Bill 60 (SB 60), which takes a critical stance against crypto mining businesses near military facilities. Senator Ricky Hill and House Speaker Brian Evans proposed a bill on Jan.