Emmer and McHenry voiced their concerns in a letter dated September 17. They are worried about the SEC's recent actions against airdrops.

The exchanges allegedly eschewed know-your-customer protocols to check a user's identity before allowing digital asset transactions.

The U.S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court. Because the regulator then shut down that Ethereum probe earlier this year, a Texas judge has decided the lack of immediate danger means the lawsuit is unwarranted.

In a recent development, major crypto exchange Binance has announced new futures listings. This move is set to expand the trading options available to users, providing more opportunities to engage with the dynamic crypto market.

Sheffield also said it is “exciting” to see more entries into the stablecoin market that offers more options outside USDT and USDC.

Decentralized exchanges (DEXs) have the potential to revolutionize finance — but without solving their capital inefficiency issues, they will always struggle to keep up with their centralized counterparts.

An investment adviser has been ordered to pay tens of millions of dollars for overvaluing thousands of largely illiquid collateralized mortgage obligations (CMOs) and giving preferential treatment to clients. Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million to settle charges for overvaluing approximately 4,900 largely illiquid CMOs held in 20 advisory accounts, including 11 retail mutual funds, the Securities and Exchange Commission said on Thursday.

In a significant trading blunder, BitMEX co-founder Arthur Hayes has sold 350,000 Pendle (CRYPTO: PENDLE) tokens worth approximately $1.26 million just three months after he acquired a larger position in the token, realizing a $790,000 loss. What Happened: According to data from blockchain analytics platform Lookonchain, he had originally purchased 392,911 tokens for $2.2 million between May and June at an average price of $5.6 per token.

Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users' assets in cold wallets, which were not targeted by the hackers.

Sun Token ($SUN), the native utility asset powering TRON's new meme coin minting protocol SunPump, outperformed market leader Bitcoin ($BTC) and leapt 5% overnight and 11% over the week to trade at $0.02582 as of this writing.

Bybit, the world's second-largest cryptocurrency exchange by trading volume, is leveraging advanced artificial intelligence (AI) technology to protect users, as revealed to Finbold on Friday, September 20.

The segment of AI meme cryptocurrencies, i.e., meme coins using artificial inteligence narratives in various ways, is rocketing today despite the pale performance of the rest of the altcoins.

Hackers compromised the Supreme Court of India's official YouTube channel to promote a fraudulent cryptocurrency scheme involving Ripple's XRP token.

German authorities have taken action against 47 cryptocurrency exchanges, citing their involvement in facilitating illegal activities.

Confusion around crypto storage, regulations, and other factors tech-savvy people take for granted could be keeping average users on the sidelines and away from the technology.

Singapore-based crypto exchange BingX suffered a ‘minor' asset loss after hackers targeted one of its hot wallets.

Despite memecoin culture, there is still no better way to create community than with NFTs, Pudgy Penguins CEO Luca Netz said Friday.

The TOKEN2049 event wrapped up in Singapore but the crypto crowd is still here celebrating Web3. With over 800 side events alongside TOKEN20249 happening in Singapore, the city country is buzzed with crypto fever.Here are some of the highlights from the TOKEN2049 Singapore:

RWA tokenization will increasingly grow by 45% in 2029, while collateral tokenization will surge by only 29%.

Venture Capitalist Nic Carter updates his findings on Operation Choke Point 2.0 after Silvergate executive's testimony that sheds light on how US financial regulators tried to crackdown on banks involved in the crypto industry, known as Operation Choke Point 2.

As more and more crypto traders are using market volatility to generate profits, automation and AI-driven tools are becoming their best friends. It's fairly common now for traders to seek ways to streamline their strategies and enhance profitability.

Charles Hoskinson, founder of the Cardano blockchain, has expressed concerns about a new decentralized finance (DeFi) project endorsed by former U.S. President Donald Trump. In a recent interview, Hoskinson discussed the potential challenges that the World Liberty Financial (WLFI) project might face.

X Empire, a tap-to-earn crypto project, has gained over 40 million users, integrated NFTs, and designed its tokenomics to benefit the community.

Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.

With reasonably priced altcoins that experts believe could yield significant returns, the crypto industry continues to surprise investors with fresh opportunities. Rexas Finance (RXS), Dogecoin (DOGE), and Dogs (DOGS) — three exceptional coins under $0.50 — are expected by analysts to see explosive growth in the coming months.

In a recent discussion on the X social media platform, Ethereum co-founder Vitalik Buterin explained the meaning of the name of the pet dog that is believed to be his. He did not confirm this fact of owning it, though.

The Hashgraph Association will explore digital asset use cases like equity and real estate tokenization with stakeholders in Qatar.

The official YouTube channel of the Supreme Court of India has been hijacked by crypto scammers promoting Ripple (XRP) investments.

At the TOKEN2049 conference in Singapore, Anthony Scaramucci, founder of SkyBridge Capital, shared that he and a group of cryptocurrency advocates are working directly with U.S. Vice President Kamala Harris to help shape her campaign's policies on digital assets ahead of the 2024 elections.

German authorities have shut down 47 crypto exchanges, citing illegal activities such as money laundering. These platforms deliberately failed to accomplish their legal obligations, including failure to conduct user verifications.

Ian Rogers of Ledger stresses the importance of self-custody and warns against complacency during crypto market booms.

In the ongoing race of the US presidential election 2024, every move counts, and this one could be a game-changer! Anthony Scaramucci, founder of SkyBridge Capital, has revealed that he's teaming up with a group of crypto advocates to help U.S.

Since launching last week, Web3's first meme coin casino Memebet Casino's native $MEMEBET token has rapidly raised $250,000 as whales pile in to claim first-mover advantage by buying it at rock-bottom fixed prices.

Moo Deng, a baby pygmy hippopotamus from the Kheow Open Zoo, has taken over the internet with its cuteness and playful behavior. This popularity of the internet meme is now part of the crypto industry as a Moo Deng memecoin.

What was the judge's reasoning for dismissing Consensys' lawsuit?

Crypto All-Stars ($STARS) has eclipsed the $1.4 million mark amid the market capitalization of meme coins bouncing back to $41.5 billion on Friday.

The latest rise in the crypto markets seems to have rugged most of the bears as the selling pressure is slowly dropping. Now that the Bitcoin price has made a move above $64,000 in the early trading hours, the next move could elevate the levels above $65,000.

Ethereum, title or not? The SEC puts a stop to Consensys, but the match is far from over.

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TL;DR Massive Breach: Hackers exploited a vulnerability in BingX's hot wallet, stealing $52 million worth of digital assets, primarily Ethereum (ETH) and Binance Coin (BNB). Swift Response: BingX suspended withdrawals and assured users that it would cover the stolen assets from its own reserves. Most assets remain secure in cold wallets.

Crypto is not a threat but a real opportunity for African countries to gain a stronger foothold in the rankings of global economies.

TV icon David Letterman reportedly cracked jokes during the jury selection process for a crypto fraud trial—but didn't make the cut.

FTX, a defunct crypto exchange is preparing to distribute $16 billion to its creditors in just two weeks, a major event expected to take place in Q4 2024. This large sum of liquidity could flow back into the cryptocurrency market, potentially fueling bullish trends across various digital assets.

Crypto exchange BingX commits to a user compensation plan following a multimillion-dollar hack on its hot wallet.

Discover the top 5 altcoins that have the potential to skyrocket by 500x!

A Texas court has ruled to dismiss the Lawsuit filed by Consensys against the SEC. Consensys warns that classifying Ethereum as a security could impose heavy regulatory burdens.

Brazilian authorities have uncovered a $9.7 billion crypto laundering scheme, arresting suspects in multiple cities as part of a major financial crime investigation.