In the world of cryptocurrencies, the names of such giants as Polkadot (DOT) and Avalanche (AVAX) are getting louder and louder. However, Nebula Stride (NST) - an ambitious project that is rapidly gaining momentum and offers truly unique solutions - is increasingly standing out against their background.

The native token of the layer-two Ethereum network Movement has delivered significant gains to investors who were eligible to receive its airdrop on December 9. Within the first 24 hours, the token's price rose from around $0.70 to over $2 at some point the day after the airdrop.

Th final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.

The U.S. Treasury's sweeping IRS rule forces crypto platforms to track and report all transactions, igniting fierce industry backlash and looming legal battles over its survival. US Treasury Expands IRS Reach – Crypto Industry Faces Full Reporting Rule The U.S.

Gil Luria, D.A. Davidson managing director, joins 'Money Movers' to discuss his bitcoin and crypto outlook.

The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring DeFi protocols to conduct Know-Your-Customer (KYC) procedures.

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

The world's crypto mining tax has strongly declined, with countries known to receive budget boosts, such as Kyrgyzstan, left in dismay.

The finalized rule means "front-end" crypto service providers will follow the same tax reporting requirements as traditional securities brokers.

In a recent Cointelegraph video, we assessed the risk posed by quantum computing to cryptocurrency, potential solutions, and what investors should do to protect their portfolios.

Sheila Warren, CEO of the Crypto Council for Innovation, had her X account hacked on December 26, promoting $SPELL token scams. The organization quickly addressed the issue, removing the posts and warning the public. The post Crypto Council for Innovation CEO's X Account Hacked to Promote $SPELL appeared first on Cryptonews.

TL;DR Crypto whales are making large stablecoin deposits to Binance. A $500 million transfer to Binance has been reported, raising expectations of potential asset accumulation. Bitcoin reserves on exchanges have decreased, indicating possible accumulation by investors.

According to Agence France Presse, Montenegro is set to extradite South Korean cryptocurrency entrepreneur Do Kwon to the U.S.

The directive, issued on December 26, represents Cambodia's shift toward embracing financial innovation while prioritizing strict oversight.

The crypto industry stands at a crossroads, poised for potential unprecedented growth in 2025, driven by favorable regulations, that could pave the way for ETF (exchange-traded funds) approvals, institutional participation, and the prospect of emerging concept of Bitcoin (BTC) reserves in national treasuries.

Kyrgyzstan, a Central Asian nation known for its affordable electricity prices, has been a hub for crypto mining in recent years but this is changing as prices rise. The post Kyrgyzstan's Crypto Mining Tax Revenue Falls 50% to Only $500K in 2024: Report appeared first on Cryptonews.

A widely followed crypto analyst is leaning bullish on altcoins as Bitcoin (BTC) hovers below the $100,000 psychological level. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 236,200 followers on the social media platform X that altcoins are due to explode over the coming weeks.

Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.

A crypto analyst is predicting a sharp 15-week decline in Bitcoin Dominance Index (BTC.D) and forecasts the first quarter of 2025 to witness an alt season. Alt season is when the dominance of BTC falls, allowing capital to rotate from Bitcoin to altcoins, leading to an explosive growth in crypto tokens.

Kyrgyzstan crypto mining tax revenue fell by over 50% in 2024, generating 46.6 million soms.

Illuvium: This blockchain-based game is leading the charge in integrating NFTs into immersive gameplay. By offering players ownership of in-game assets, Illuvium is reshaping the gaming landscape, merging entertainment with digital ownership.

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

The wider cryptocurrency market entered a bull run following the conclusion of the United States presidential election in November. However, the surge hit its first speed bump quite quickly — in mid-December, the Federal Reserve announced that it would put fewer rate cuts in place in 2025 than was originally expected.

Following considerable financial support during the 2024 election, the digital asset industry is positioning itself for a significant transformation in how it is regulated. What Happened: After years of dealing with unclear federal policies, and some hostile action by regulators, a change could be on the horizon under a new presidential administration, according to The Hill.

A report on the 2024 Kyrgyz government revealed crypto mining taxes contributed only around $535,000. This value dropped by nearly half compared to last year's crypto mining tax collection.

The derivatives trading function is regulated by the CFTC and is available on the App and website.

A huge part of Donald Trump's presidential campaign was based on cryptocurrency. He promised to introduce a new regulatory framework for crypto and promote it as a more mainstream asset.

After a market-wide dip on Christmas day, cryptocurrency markets are showing signs of recovery, driven by increased stablecoin inflows to centralized exchanges. On-chain intelligence provider Santiment highlighted a notable shift in whale activity, with multiple large stablecoin deposits into centralized exchanges, signaling potential increased demand for cryptos.

For crypto to achieve mainstream adoption, marketing must not be viewed as a token price booster, it needs to be an integral part of the process.

Celebrating her first anniversary as Chief Product Officer at BingX, Vivien Lin has been a pivotal force in driving the company's product innovation and strategic vision. Her appointment came at a crucial time when BingX was expanding its user base and offerings, requiring strong leadership to navigate its growth.

The National Bank of Cambodia (NBC) now permits commercial banks and payment institutions to provide services involving backed cryptocurrencies.

The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens.

Bitcoin (BTC-USD) exploded this year, reaching new heights following the election of President Trump. Yahoo Finance Executive Editor Brian Sozzi spoke to several key players in the space on Opening Bid, bringing you their investing approaches and what to look out for in the future of cryptocurrencies.

Brazil's central bank is growing increasingly concerned about cryptocurrencies drawing people away from the real. The institution plans to ban self-custodial stablecoins in an effort to steer people back toward the national currency.

A recent report by SlowMist reveals that a sophisticated phishing attack using fake Zoom links has led to multi-million dollar thefts from crypto users, with hackers distributing malware that compromises sensitive information and drains assets. The post Fake Zoom Link Targets Crypto Users, Leads to Multi-Million Dollar Theft: SlowMist Warns appeared first on Cryptonews.

Japan's Financial Services Authority (FSA) plans to strengthen internal audit processes at financial institutions, including crypto exchanges. According to a recent statement, the agency aims to address industry gaps and align with global standards in regulatory compliance.

A widely followed analyst is suddenly issuing a warning that the crypto market may not be done correcting. Pseudonymous crypto trader Kaleo tells his 675,300 followers on the social media platform X that significant rallies may not resume for Bitcoin (BTC) and other digital assets until they first hit lower prices.

Crypto scams and cyber threats, particularly pig butchering and access control breaches, resulted in losses of $3.6 billion in 2024.

SlowMist has brought attention to a new phishing scam targeting cryptocurrency users. The scam disguises itself as fake Zoom meetings to distribute malware that steals sensitive data.

A total of $14.17 billion worth of bitcoin options are set to expire today, December 27, 2024, while an additional $3.74 billion worth of Ethereum's ether options contracts are to expire as well, injecting uncertainty into the cryptocurrency market.

Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources.

TL;DR Bitwise launches the Bitcoin Standard Corporations ETF: It will invest in companies with at least 1,000 BTC in their reserves, weighting their participation based on the value of their holdings. Strive focuses on BTC-linked convertible securities: Its Bitcoin Bond ETF will concentrate on companies with significant investments in the cryptocurrency.

BingX, a leading global cryptocurrency exchange, proudly celebrates the one-year anniversary of Vivien Lin‘s tenure as Chief Product Officer (CPO).

A sophisticated phishing scam targeting cryptocurrency users has been uncovered, exploiting fake Zoom meeting links to distribute malware and steal assets. The operation, exposed by blockchain security firm SlowMist, saw hackers mimicking Zoom's platform to compromise sensitive information, including private keys and wallet credentials.

Pig butchering scams have emerged as a major threat in 2024, costing victims $3.6 billion, with scammers targeting Ethereum users through long-term manipulation and fraudulent investment schemes, according to a report by Cyvers. The post Pig Butchering Crypto Scams Cost Victims $3.6B in 2024: Report appeared first on Cryptonews.

Ryan Salame, former co-CEO of the crypto exchange FTX, has had his prison sentence reduced, as has Caroline Ellison. Initially sentenced to 7.5 years in prison in May 2024, Salame was set to be released in April 2032.

Elon Musk, the chairman of the X social media platform, has announced plans to overhaul the entire content strategy with an emphasis on reputation. He pointed out that the new AI-powered X algorithm will weigh out those who like a post versus the mute or blockage an account receives.

Cryptocurrencies have taken the financial world by storm over the past decade, evolving from a niche concept to a booming global phenomenon. With countless digital coins hitting the market and blockchain technology becoming mainstream, crypto investments have become the talk of the town.