The SEC and Binance filed a joint motion to pause their legal case for 60 days, citing the newly formed SEC Crypto Task Force's potential impact on regulations.
Solayer's native token, LAYER, is set to make its Binance debut on Feb. 11 accompanied by an airdrop event scheduled one hour before trading starts.
The SEC and Binance have jointly requested a 60-day pause in their legal proceedings to evaluate potential resolution opportunities as the SEC's new crypto task force, led by Commissioner Hester Peirce under Chairman Mark Uyeda, begins its work on clarifying digital asset regulations.
Osprey alleges that Grayscale misled investors in the competitive US Bitcoin ETF market when it said that its GBTC fund will be converted into an ETF.
Cryptocurrency exchange platform BestChange has said it is unsure why its website was blocked by Russia's communications watchdog Roskomnadzor, but that it is in touch with the central bank to try to lift the ban.
Crypto VC deals dropped 46% from Q1 to Q4, but investment value rebounded in Q4, signaling a shift toward selective, high-value projects, according to PitchBook.
For the first time under acting SEC Chairman Mark Uyeda, a cryptocurrency lawsuit faces a temporary halt.
Polymarket odds on OpenSea issuing an airdrop before April spiked from 25% to 45% following the tweets.
Summer.fi has announced the launch of the Lazy Summer Protocol. It is a new AI-powered platform for optimizing DeFi lending yields.
Four.Meme, a recently deployed meme coin launchpad on Binance Smart Chain (BSC), has suffered a malicious attack, forcing the platform to suspend token trading.
Binance and SEC requested a 60-day pause in legal proceedings.
The 'Digital Assets Investments Act' seeks to allow the state to diversify its portfolio by investing in bitcoin exchange-traded products.
The joint request was made in consideration of the SEC's new crypto task force and its potential impact on the crypto regulatory landscape.
Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.
FTX total asset portfolio was valued at $65 billion prior to bankruptcy.
Wired's article revealed text messages sent by Binance exec Tigran Gambaryan from Nigerian Prison during his 8-month detainment. Through text messages sent from a prison facility in Kuje, Nigeria, Gambaryan described his condition to journalist Andy Greenberg.
Solayer (LAYER) will launch on February 11, 2025, at 14:00 UTC.
The legal battle between the world's largest crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) has taken a surprising turn. Both parties have agreed to pause the case for 60 days, marking a potential shift in how the SEC handles crypto lawsuits.
Binance and the US Securities and Exchange Commission (SEC) have jointly filed a motion to pause their ongoing legal proceedings for 60 days.
A Kenyan law enforcement agency said it regained control of its X and Facebook accounts on Feb. 9, just hours after hackers used them to promote a fake cryptocurrency. Hackers Offer Tokens for Likes Kenya's Directorate of Criminal Investigations (DCI) announced Feb.
The crypto market's uncertainty brings highs and lows consistently, where predicting the future is almost impossible, but not for this crypto whale. The recent findings revealed that a savvy crypto trader with more considerable holdings has often managed to identify golden opportunities despite the chaos.
The crypto community appears to have lost interest in speculative meme coins and has refocused on leading layer-1 assets.
Binance and the US Securities and Exchange Commission (SEC) filed a joint motion requesting a 60-day stay in their ongoing legal case.
OpenSea refuted rumors that it would mandate a know-your-customer process for users to participate in a potential token airdrop.
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub.
Celebrity-endorsed meme coins have experienced significant downturns, with some losing over 80% of their value from all-time highs (ATH).
Top Altcoins ETF Approvals see rising odds, with Litecoin ETF at 90% approval probability, followed by Dogecoin, Solana, and XRP ETFs.
A Connecticut judge handed a win to Grayscale in Osprey Funds' unfair trade practice suit but now Osprey is asking for that to be reviewed.
Crypto's rapid growth brings new risks. As fraud escalates, can verification technology keep pace?
In a major development, crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion to pause the legal proceedings for 60 days. This is the first major development in the Binance lawsuit after Chairman Mark Uyeda took charge of the SEC last month.
Korea Exchange chairman Jeong Eun-bo recently pushed for the country's approval of crypto exchange-traded funds (ETFs). Amid the country's stock market crisis, he urged revamping South Korea's financial industry to strengthen the market and compete with other nations.
Binance Proof of Reserves data reveals an $8 billion decline in non-customer assets, marking the lowest level in nearly two years.
Klarna, a Swedish payments firm with 85 million users, is reportedly eyeing a US initial public offering — and its CEO is looking for ideas on how it can integrate digital assets.
Jesse Pollak supports diverse token inclusion from Base and other networks.
Venture capitalists maintained a cautious approach, resulting in a modest Q4 2024 funding rebound that left the year's totals nearly flat compared to 2023, even as digital asset prices surged on Trump's comeback. The post Crypto VC Funding in 2024 Failed to Accelerate Despite Trump-Fueled Price Rally appeared first on Cryptonews.
A top Ukrainian lawmaker has claimed that Kyiv is on course to “legalize” crypto by summer this year. The post Ukraine Gov't Aims to ‘Legalize Crypto' by Summer This Year – Senior Lawmaker appeared first on Cryptonews.
The FSA's move to classify crypto assets as securities may lead to new ETF approvals.
Thai and Chinese authorities have successfully frozen $2.5 million in cryptocurrency assets linked to two Chinese nationals, Ye Wanyou (29) and Li Weijie (30), who are accused of running scams. According to Khaosod English, The operation, conducted on February 5, was a joint effort between Huamark Police Station and the Police Cyber Taskforce (PCT).
North Carolina crypto investment advances as the state proposes allocating up to 10% of public funds into Bitcoin.
A South Korean lawmaker, Kim Nam-kuk, was recently cleared of allegations that he “concealed” cryptocurrency assets. The case centered on whether South Korea's laws at the time of the alleged concealment required him to declare his holdings.
Former Deutsche Bank investment banker and registered broker Rashawn Russell has been ordered to pay $1.5 million in restitution to victims of a digital asset trading scheme. Russell has already been sentenced to 41 months in prison for fraud and other offenses.
House Financial Services Committee ranking member Maxine Waters has introduced a new proposal for stablecoin regulation, adding to ongoing legislative efforts from both Democrats and Republicans. The draft legislation, obtained by Punchbowl News, outlines federal oversight of stablecoins and sets requirements for issuers.
South Korean lawmaker Kim Nam-kuk has been acquitted of charges related to concealing cryptocurrency holdings and obstructing public duty. The Southern Seoul District Court ruled that Kim was not legally required to disclose his virtual assets at the time of the alleged offense.
Global cryptocurrency investment products saw a surge in net inflows, reaching $1.3 billion last weeknearly doubling the $747.4 million from the previous week. This marks the fifth consecutive week of inflows, bringing the year-to-date total to $7.3 billion, according to CoinShares.
Japans Financial Services Agency (FSA) is exploring a major regulatory shift that could classify cryptocurrencies as securities, potentially imposing stricter disclosure requirements on businesses dealing with digital assets. This move aims to enhance investor protection and bring crypto regulations in line with traditional financial markets.
The cryptocurrency market is bracing for potential volatility this week as investors focus on key economic data releases and Federal Reserve updates. Fed Chair Jerome Powells testimony and the U.S. Consumer Price Index (CPI) report are expected to influence market sentiment.
The U.S. Securities and Exchange Commissions (SEC) newly formed Crypto Task Force is expected to bring much-needed regulatory clarity, making it easier for institutional investors to enter the digital asset market, according to a research note from investment bank Piper Sandler. SEC Commissioner Hester Peirce, who leads the task force, outlined ten key priorities, signaling a shift toward clearer crypto regulations.