Digital asset lawyer and advocate John Deaton says the “war against crypto” isn't dead despite the recent shift in US presidential administrations. Deaton says on the social media platform X that there are still important cases going on even though Gary Gensler isn't running the U.S. Securities and Exchange Commission (SEC) anymore.

Altcoin Daily's Austin Arnold discusses how global events and Trump's influence are shaping the crypto bull market.

FTX repayments will start on February 18, 2025, beginning with claims under $50,000 for those in the Bahamas process.

FTX Digital Market's liquidator PwC had stated that non-Convenience Class creditors expected to receive reimbursement in Q2 2025.

FTX confirmed readiness to begin repayments for Bahamas creditors this month, ahead of larger disbursements expected in Q1 2025.

Senator Bill Hagerty is set to introduce a new stablecoin bill as the largely crypto-friendly Republican Party seeks further regulatory clarity for the industry.

“Everything went flawlessly as far as im aware,” said Rune Christensen, founder of MakerDAO, which actioned off about $8 million in collateral.

The app store will allow users to directly own and control their AI agents on-chain for various use cases, including autonomous social media accounts and DeFi trading.

The Senate has pushed stablecoin bills before, but the chamber is now led by Republicans who want to make Hagerty's latest effort happen.

TL;DR Senator Bill Hagerty seeks to establish a favorable regulatory framework for stablecoins in the U.S. The proposal requires stablecoins to be backed by dollars, Treasury bonds, and Federal Reserve notes. The project aims to position the U.S.

Beleaguered crypto exchange FTX on Tuesday announced that first and final distributions for Convenience Class claims, those under USD $50,000, are scheduled to be available to eligible claimants starting Feb. 18. The Joint Official Liquidators (JOLs) of FTX Digital Markets Ltd.

The former White House communications director reportedly suggested that members of Congress running for reelection ”don't want to be opposed by the crypto industry.”

Republican Senator Bill Hagerty introduced the Guiding and Establishing National Innovation in U.S. Stablecoins (GENIUS) Act on Tuesday, a bill aimed at creating a regulatory framework for stablecoins in the United States. The legislation is part of a broader push among lawmakers to establish clear guidelines for digital assets as the market continues to expand.

In a latest development, FTX is all set to begin repayments to creditors from February 18. According to an email circulated among FTX creditors, they will begin getting reimbursed for lost assets. These payouts will begin at 10 AM ET on February 18 and will only apply to claims under $50,000.

Though J.D. Vance and Ted Cruz have been much discussed for their cryptocurrency – and primarily Bitcoin (BTC) – holdings, they have been far from the most prolific digital assets traders among U.S. politicians.

China responds to U.S. tariffs, which trigger a massive crypto loss of over $2 billion in liquidations. Bitcoin trades above $91k while altcoins suffer losses in the global market.

FTX will begin repaying creditors owed less than $50,000 starting February 18, 2025, according to an announcement today from Sunil, a representative of FTX creditors. The payments will hit accounts through the BitGo platform and will cover 100% of approved claims under $50K, plus 9% interest per year calculated from November 11, 2022.

Berachain mainnet launch is set for February 6, 2025. Token Generation Event to coincide with mainnet launch.

On Feb. 3, the crypto market faced a severe downfall, with over $2.3 billion in leveraged crypto positions being liquidated within 24 hours. One of the alternative estimations points out $8 to $10 billion in crypto liquidation.

The launch of President Trump's meme token was met with mixed reactions among the crypto community. On one hand, Trump allied with crypto backers on the campaign trail, promising to cut back on legal challenges brought against crypto businesses and promote innovation in the United States.

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According to a new report by California-based cybersecurity company SentinelOne, Apple recently updated its built-in antivirus software called XProtect to block North Korea-linked Ferret malware.

Crypto.com continues Super Bowl bets while addressing CFTC's regulatory concerns. CFTC reviews sports contracts, examines “gaming” classification for Crypto.com and Kalshi.

Three years after FTX went bankrupt, its creditors are finally going to receive payments. These payouts will begin as early as February 18, starting with claims under $50,000.

As an official Virtual Asset Service Provider in a financial hub as crucial as the United Kingdom, Coinbase strengthens its global presence, reinforcing its position as one of the world's leading cryptocurrency exchanges.

Tokenization, the process of creating digital representations of assets, is poised to revolutionize the U.S. financial landscape according to a16z crypto.

Senator Hagerty's legislation proposes a stablecoin regulatory framework, ensuring safe issuance backed by USD and stringent oversight. The post Senator Bill Hagerty proposes legislation for stablecoin framework appeared first on Crypto Briefing.

Coinbase is reportedly lobbying American regulators to make bank-cryptocurrency partnerships more feasible. The country's largest crypto exchange called on banking regulators to clarify or amend their rules to allow banks to offer crypto custody and trading execution services, Bloomberg reported Tuesday (Feb. 4).

TL;DR Ozean partners with Tiamonds to tokenize diamonds and expand the offering of real-world assets (RWA) on its platform. Tiamonds will enable secure investment and trading of physical diamonds through blockchain technology. The alliance paves the way for innovative financial products and diversified RWA baskets in the DeFi ecosystem.

Phishing losses dropped in January, but malware attacks surged, with social engineering scams targeting Coinbase and crypto wallets.

Republican Sen. Bill Hagerty plans to introduce a bill on Tuesday to create a regulatory framework for stablecoins, Bloomberg reported.

Senator Bill Hagerty has introduced the GENIUS Act in the Senate, a bill that seeks to regulate stablecoins in the United States. The legislation, officially called the Guiding and Establishing National Innovation for US Stablecoins Act, aims to provide a structured regulatory framework for stablecoin issuers.

Richard Teng, the chief executive officer (CEO) and the world's largest cryptocurrency trading platform Binance, has taken to his official account on the X social media network (widely famous as Twitter in the past) to reaffirm the things Binance to focus on this year.

Senator Bill Hagerty introduced the GENIUS Act today in the Senate. The legislation, officially known as the Guiding and Establishing National Innovation in US Stablecoins Act, focuses on regulating stablecoins, which is a top priority for ‘crypto president' Donald Trump.

In a latest development, FOX Business Eleanor Terrett revealed in an X post that Senator Hagerty has introduced his stablecoin bill in the Senate. The bill is called the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins) Act and aims to provide clear regulations for stablecoins.

The U.S. has a historic opportunity to craft effective crypto tax policies, which could enhance innovation and economic growth while addressing regulatory challenges.

Tokenization offers a blueprint for commodity markets, as it solves genuine problems.

Coinbase is urging U.S. banking regulators to allow banks to offer cryptocurrency services, including trading and custody. The crypto exchange argued that current regulations create unnecessary hurdles preventing banks from fully entering the digital asset market, according to Bloomberg.

“This measure is a decision to establish tax justice so that citizens who faithfully pay their taxes are not disadvantaged,” a local official said.

The Department of Justice's actions against DeFi developers raise concerns about liability and control, prompting calls for clearer legal definitions and policy reform.

South Korea is taking a more aggressive stance against tax evasion by targeting high-income residents suspected of hiding wealth in cryptocurrencies. South Korean media outlet Energy Kyungjae reports Gwacheon, a city in Gyeonggi Province, has introduced an electronic virtual asset seizure system designed to identify and confiscate crypto holdings linked to tax delinquents.

Coinbase is demanding US regulators finally let banks jump into the crypto industry. The company sent letters to top financial agencies today—the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Federal Deposit Insurance Corp. (FDIC)—insisting they clear the path for banks to offer services like crypto custody and trading execution.

The world of cryptocurrencies and decentralized finance (DeFi) was recently shaken by a large-scale hacking case.

TL;DR Coinbase asks U.S. regulators to remove barriers that limit banks from offering crypto services, such as custody and trade execution. It requests the withdrawal of an OCC letter that hinders banks from entering the digital asset market and seeks confirmation of the legality of partnerships with third parties.

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An analysis of the SEC's impact on staking in the U.S., highlighting potential steps to enhance blockchain security and innovation through supportive regulation.

Blockchain security firm Scam Sniffer reported that crypto phishing scams drained $10.25 million from 9,220 victims in January, marking a 56% decline from December's $23.58 million in losses. However, the report notes that the bad actors have been evolving and implementing more sophisticated attack methods.