Billionaire entrepreneur Mark Cuban discussed his recent face-to-face meeting with the head of the SEC, Gary Gensler.

Despite historical October gains for Bitcoin, the cryptocurrency market has experienced a significant downturn in early October 2023, challenging the "Uptober" narrative and prompting a shift in trader sentiment.

The September 2024 edition of CCData's Exchange Review report reveals several significant trends in the digital asset market. CCData, an FCA-authorized benchmark administrator, is a global leader in digital asset data. It offers high-quality real-time and historical data for institutional and retail investors.

The cryptocurrency market is preparing for short-term volatility, with approximately $1.4 billion worth of Bitcoin and Ethereum options expiring today.

Cuban's critique highlights the need for clear crypto regulations to prevent future financial collapses and foster a stable market environment. The post FTX and 3AC would still be in business if Gensler took right approach, says Mark Cuban appeared first on Crypto Briefing.

Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others.

AT&T is back in the news again for new legal challenges related to a sensational SIM swap case in which crypto worth $24 million was stolen from an investor by the name of Michael Terpin.

The United States Department of Justice and Securities and Exchange Commission urged the Supreme Court to proceed with the Nvidia securities fraud lawsuit. In an Oct. 2 amicus brief document, U.S.

The DOJ and SEC have filed an amicus brief in a class action lawsuit alleging Nvidia downplayed the demand from crypto miners on its revenue.

Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million.

Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.

The U.K financial services regulator issued the payments provider a 166 notice late last year

Venture capital (VC) interest in crypto startups has dramatically shifted, with many firms now overlooking the sector for funding opportunities.

Nvidia investors are taking their battle to the U.S. Supreme Court as they claim that the tech giant misled them about how reliant it was on sales to cryptocurrency miners. The U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) are backing these investors, suggesting their solid claims shouldn't be dismissed.

SWIFT, the global interbank cooperative society, will allow over 11 thousand financial institutions to conduct digital asset transactions over its network next year.

September saw a significant decline in trading activity across centralized exchanges, with combined spot and derivatives trading volumes dropping 17% to $4.34 trillion, as per the latest CCData report.

The DOJ and the SEC say they have “strong interest" in the case and argue that the class-action suit should proceed.

On Thursday, Visa launched the Visa Tokenized Asset Platform (VTAP) through a partnership with a Spanish bank. VTAP is a tool for banks to launch real-world assets (RWAs), connecting them to the crypto ecosystem.

The defendant fell victim to crypto theft enabled by a SIM swap incident perpetrated by a teenager and his 20-year-old friend in 2018.

Visa reports that BBVA is one of many participating institutions trying out VTAP. Interoperability across several blockchains is a key component of Visa's platform concept.

Binance has faced a series of regulatory hurdles in the past two years, stymying the exchange's plans to onboard more users.

Chainalysis CEO Michael Gronager has stepped down from his role after a decade.

Binance trading volume in market share fell to its lowest in four years, amid regulatory challenges and increased global scrutiny.

“Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment.

Pekao Bank from Poland, the country's second largest lender, is making headlines by taking a bold approach to preserving art. Using the medium of blockchain technology, it has kept some of its most valuable artworks in an Arctic vault, and less exposed to the elements.

Russia has reportedly launched a crackdown on illegal crypto exchanges, with officers raiding “dozens of addresses” in Saint Petersburg and beyond.

A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S.

Billionaire investor and television celebrity Mark Cuban has thrown his support behind Republican Senate hopeful John Deaton, who is running against anti-cryptocurrency crusader Sen. Elizabeth Warren (D-Mass.

According to a recent report by Bloomberg, Binance, the world's largest cryptocurrency exchange by trading volume, is facing significant challenges as its market share continues to decline. In September, Binance's share of trading volume in the roughly $2 trillion digital asset market fell to 36.6%, down sharply from 42.7% at the start of the year and the lowest level in four years, according to data from CCData.

Issuers awaits SEC decision on their crypto index ETF applications amid renewed crypto index investing optimism.

Masaaki Taira, Japan's newly appointed Digital Transformation Minister, has hinted that he will push for crypto tax reform.

Venture capital (VC) funds invested over $659 million in crypto startups last month, representing a 3% increase compared to August, according to DefiLlama data. The blockchain gaming sector grew for the second consecutive month, with VC funds pouring $63 million into blockchain titles, marking a 32% monthly growth.

While the eye-popping price caught some by surprise, the devil is in the details of this massive CryptoPunks transaction.

In September 2024, Binance saw a significant drop in trading volume. In a report by CCData, the platform has reported the least trading volumes in both the derivatives and the spot since December 2023.

Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic sovereignty and independence of our countries,” while sidestepping the use of third-party payment networks.

The new rules will take effect on January 1, 2025, giving VASPs until September to register. Local reports confirm that companies not meeting these standards will face harsh penalties.

With its stablecoin initiative, BBVA aims to extend its services to underbanked populations, using digital currency as a tool for greater financial access and inclusion.

The cryptocurrency market has taken a significant hit today, with the total market capitalization plummeting to approximately $2.08 trillion. This decline follows a period of sharp volatility, leaving investors and analysts alike questioning what led to this downturn.

Crypto's largest exchange, Binance, lost market share during Red September while competitors captured more user trading volume. According to an Oct.

According to CoinGecko, memecoins were the biggest crypto narrative in the second quarter of 2024, with a 14.3% share of all transaction volume.

Binance, known for its domination in the crypto exchange market since inception, has recently seen a significant slump in its trading activity. The exchange experienced a 20% drop in trading volume during September, compared to the previous month. This decline comes amid rising competition from platforms like Crypto.

Banks are gearing up to trial crypto transactions on the Swift network as the industry's shift toward tokenization accelerates. Financial institutions will soon use Swift's platform to settle “digital assets and currencies,” with pilots kicking off next year.

Pantera Capital CEO Dan Morehead thinks the US will have a “rational policy on blockchain” regardless of who wins November's presidential election. In a recent newsletter, Morehead points to Vice President Kamala Harris' decision to mention the blockchain sector in a speech last week.

Rep. Rich McCormick says the U.S. government's treatment of Binance exec Tigran Gambaryan—who is being detained in Nigeria—has been hypocritical compared to Brittney Griner.

Rising stablecoins in Sub-Saharan Africa are transforming the financial landscape, providing a lifeline to millions of desperate individuals struggling against instability in their economies. According to recent reports, stablecoins now make up 43% of total cryptocurrency transactions in this region.

Transak has announced that the Alabama Securities Commission has awarded it its first Money Transmitter License (MTL). With this noteworthy accomplishment, Transak's goal to provide safe and easily accessible crypto services throughout the US has advanced significantly.

Cryptocurrency exchange Coinbase is expanding the ways businesses can pay. PayPal paid invoices to EY using the PayPal USD (PYUSD) stablecoin deposited into EY's Coinbase Prime account, according to a Thursday (Oct. 3) news release.