South Korea's crypto market skyrocketed in the first half of 2024, with 7.8 million investors and daily trading volumes rising by 67% to $4.4 billion.
Coinbase, the US's biggest crypto exchange by trading volume, is doubling down on its political clout. It has decided to add $25 million to Fairshake, a crypto-focused PAC already influencing US elections.
With over 320 million subscribers, James “MrBeast” Donaldson has amassed one of the largest audiences on YouTube. Known for his attention-grabbing content, MrBeast's involvement in crypto projects has recently come under scrutiny, as blockchain analysts reveal evidence of alleged insider trading and token manipulation.
Robinhood's Q3 2024 earnings report revealed a significant surge in crypto trading volume, reaching $14.4 billion, marking a 114% year-over-year increase from Q3 2023.
The US Treasury Department is exploring the impact of stablecoin growth on the demand for short-term Treasury bills.
Two weeks after Grayscale submitted its application to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF, the Securities and Exchange Commission (SEC) confirmed the filing.
Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund's preemptive lawsuit against the SEC.
Former FTX head of engineering Nishad Singh has avoided prison time in the ongoing legal aftermath of the crypto exchange's collapse. The sentencing took place on Wednesday in Manhattan, where Judge Lewis Kaplan emphasized Singh's exceptional cooperation with authorities.
Bitcoin mining firm Riot Platforms reported a 65% year-over-year revenue increase in the third quarter of the year. The post Riot Platforms Reports 65% Revenue Growth Despite Mining Expansion Setbacks appeared first on Cryptonews.
The crypto industry has criticized financial regulators in the United Kingdom (UK) for their slow and stringent application approval process, but a blockchain think tank believes good crypto regulations will take time to shape and implement.
a16z crypto warns that fraudulent invitations are circulating, mimicking their official communications.
Robinhood Markets Inc. (NASDAQ:HOOD) reported a twofold surge in cryptocurrency volumes in the third quarter. What Happened: The company released its financials after Wednesday's closing bell and revealed a cryptocurrency notional trading volume of $14.4 billion, up 112% from last year.
Coinbase's CEO calls on the next SEC chairman to drop “frivolous cases” and apologize to the American people for past actions, citing inconsistent crypto regulations. ‘Withdraw Cases, Apologize': Coinbase CEO's Challenge to Future SEC Leadership Coinbase CEO Brian Armstrong criticized the U.S.
Kraken job cuts 400 jobs to streamline operations and boost agility.
Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.
A public relations firm claims Satoshi Nakamoto will reveal their “legal identity” at an upcoming press conference, but spelling gaffes, broken links, and AI-generated press releases have raised eyebrows.
Japan's biggest group of crypto exchanges and blockchain firms has announced its intention to start “self-regulating” stablecoins. The post Japanese Crypto Industry to Start ‘Self-Regulating Stablecoins' appeared first on Cryptonews.
The popular Lottie Player animations library was hacked to push a crypto-draining popup on multiple websites, which has now been fixed.
Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations.
Kraken named Arjun Sethi as co-CEO on Wednesday, alongside Dave Ripley, amid reports of a 15% workforce reduction. The post Kraken Trims Workforce by 15%, Welcomes New Co-CEO appeared first on Cryptonews.
Coinbase CEO, Brian Armstrong, announced that Coinbase would not scale back on its crypto advocacy following the U.S. election results, which are expected in six days. Armstrong's statement emphasized that they are committed to securing a favorable environment for crypto in U.S. legislation post-November US election.
The move promises to revolutionize the network's security by empowering its users.
Russia's Energy Ministry says it will ban crypto mining in “some” regions, with crackdowns on “illegal” miners intensifying in Siberia. The post ‘Some' Russian Regions to Ban Crypto Mining as Crackdown Continues appeared first on Cryptonews.
NYSE Arca has filed an application with the SEC to list a Grayscale exchange-traded fund (ETF) featuring a diverse array of cryptocurrencies, marking a significant push to expand institutional access to digital assets.
A new investigation of MrBeast's crypto deals reveals 50 wallets allegedly used for pumping and dumping crypto tokens.
Alameda Research has residual token holdings, which may go toward settling the FTX repayment schedule to creditors.
Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030.
The global credit card giant has teamed up with America's largest crypto exchange again.
Many people have stumbled upon unexpected wealth thanks to cryptocurrencies. You don't have to be an expert to see that Bitcoin's price is sky-high compared to when it first started.
A report released Wednesday by the Treasury highlighted fears that the growing stablecoin market is buying up too many T-bills, and must be wound down.
Malware disguised as a Python-based trading bot has reportedly targeted crypto traders in a multi-vector supply chain attack.
Kraken announced layoffs impacting 15% of its workforce, or around 400 positions, following recent structural changes.
The US Treasury Department said tokenization and stablecoins are emerging forces that could transform the Treasury market, emphasizing both the benefits of these innovations and the risks they carry, according to a recent report.
Crypto trading volume is down from the second quarter's $21.5 billion and the first quarter's $36 billion.
The National Bank's latest project again shows the advantages of programmable central bank digital currency.
Visa and Coinbase's new partnership promises instant, round-the-clock funding for crypto trading, allowing U.S. and EU users real-time access to trading opportunities. Coinbase and Visa Join Forces to Break Crypto Funding Barriers Payment giant Visa has joined forces with crypto exchange Coinbase to offer real-time account funding for Coinbase users in the U.S.
For almost their entire history, despite designs to the contrary, the primary role of cryptocurrencies and digital assets has been confined largely to trading and speculation. But recent advancements in blockchain infrastructure are positioning digital assets as more functional tools for real-world financial transactions.
Former FTX executive Nishad Singh has received a time-served sentence, avoiding prison time after cooperating with authorities in the investigation of the cryptocurrency exchange's fraudulent activities and misappropriation of customer funds. The post Breaking: Former FTX Executive Nishad Singh Receives Time-Served Sentence, Avoids Prison Time appeared first on Cryptonews.
Riot Platforms, Inc. (NASDAQ:RIOT) reported its third-quarter results after Wednesday's closing bell. Here's a look at the details from the report.
According to Paradigm, 20% of individuals surveyed indicated that they currently hold or have previously purchased crypto.
Despite US SEC regulatory strain, commission-free crypto brokerage firm Robinhood Markets Inc has reported its third quarter performance report with its crypto unit shining strong. After a very promising quarter in a competitive market, the firm said it grew its overall Year-to-Date (YTD) Net Deposits to $34 billion.
Coinbase is already looking past next week's presidential election and planning to influence the 2026 midterms with a new $25 million commitment to pro-crypto super PAC Fairshake.
For the third quarter ending Sept. 30, Riot reported total revenue of $84.8 million, of which $67.5 million came from Bitcoin mining.
Bitwise Chief Investment Officer Matt Hougan commented on the potential impact of the upcoming U.S. presidential election on cryptocurrencies. He suggested that a Donald Trump victory may be more favorable for Ethereum and other altcoins than for Bitcoin.
NYSE Arca, a leading securities exchange, has petitioned US regulators for approval to list an exchange-traded fund (ETF) based on the Grayscale Digital Large Cap Fund.
Libeara, a Standard Chartered-backed blockchain asset tokenization platform, and FundBridge Capital, a leading fund management infrastructure provider, have joined forces to introduce the “Delta Wellington Ultra Short Treasury On-Chain Fund,” also known as the Ultra Fund.
Former FTX executive Nishad Singh is a free man after being a key witness against Sam Bankman-Fried and aiding in bankruptcy recoveries.