Hacked exchange BingX sets the schedule for resuming withdrawals, starting with tokens on the BSC network.

A widely followed cryptocurrency analyst and trader is leaning bullish on a feline-inspired low-cap memecoin in the Binance Smart Chain ecosystem. The trader pseudonymously known as Bluntz tells his 274,800 followers on the social media platform X that a massive breakout for the Simon's Cat (CAT) memecoin is in sight.

As the crypto market is setting the stage for the next inclusive bull run, the meme coins are ready to launch. While many meme coins take support for a reversal run, many are testing the overhead challenges for a breakout run.

Market trends suggest that altcoins may be gearing up for a rally, possibly outperforming Bitcoin by 200% or more. Historical patterns, including the 2020 altcoin surge, indicate that the end of 2024 could be an ideal time for altcoin investments.

The Singapore-based crypto exchange BingX recently experienced a security breach in its hot wallet, leading to a substantial loss of funds.

Two individuals, a Singaporean residing in the United States and a US citizen, have been charged with conspiring to steal and launder over $230 million in cryptocurrency.

The U.S. presidential election is a couple of months away. Many Bitcoin enthusiasts expect to see Donald Trump emerging as the winner.

Fed rate cut and labor data spark a 6.85% crypto market rally, outperforming equities.

At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Related Reading: Solana (SOL) Flies 12% To Reclaim $140, Is $160 Next?

Exodus CEO JP Richardson says the firm's security team reviews all engineers' code to prevent malicious actions.

The legal counsel for former President Donald Trump's new cryptocurrency venture, World Liberty Financial (WLFI), a new decentralized finance (DeFi) platform has been accused of trying to seize control of another digital asset company. What Happened: Alex Golubitsky, the general counsel for World Liberty Financial, was previously fired from a different cryptocurrency company, Umami, in January 2023.

The U.S. Securities and Exchange Commission (SEC) has been leveraging the controversial SAB 121 accounting rule thereby pushing banks to disclose their crypto custodial assets on balance sheets. US Congressman Ritchie Torres said that the US SEC has been violating the accounting principles by upholding the SAB 121 rule.

Cryptocurrency underground trading in China reached $23.7 billion in 2024, despite increasing government crackdowns.

William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time.

Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”

India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India's progress but pointed out areas needing improvement, especially in regulating the non-financial sector and virtual asset providers.

The Directional Movement Index showed that a bullish trend was beginning with the +DI and ADX above 20.

TOKEN2049 has ended in Singapore. Here are three highlights from one of the most anticipated crypto conferences of the year.

Infrastructure-intensive industries are undergoing massive transformations to meet the need for digital innovation. New technologies like artificial intelligence (AI), blockchain, and the Internet of Things (IoT) are being applied to industries that haven't evolved in years.

Judge throws out Consensys' lawsuit against the SEC over Ethereum, but the MetaMask issue remains unresolved.

A serious security breach hit Singaporean bitcoin exchange BingX. Exchange hot wallets lost almost $43 million on Friday, due to hacker activity.

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

Demand for offshore exchanges rises to 49% in the US, beating on shore exchanges in the last quarter due to imposed regulations.

A federal judge has recently ordered Koo Ichioka Wlliam, a 30-year-old New York resident, to pay $36.4 million for his participation in a crypto fraud operation in which investments in cryptocurrency as well as Forex trading were misappropriated. The verdict was given by Judge Vince Chhabria of the U.

Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

The U.S. government is recommending a lenient sentence for Caroline Ellison, former Alameda Research CEO and ex-girlfriend of Sam Bankman-Fried, following her “extraordinary” testimony in his landmark fraud case last fall.

On-chain data shows three altcoins are observing a high transaction activity from the whales after the US Federal Reserve (Fed) announced a rate cut. Whale Transaction Count Has Spiked For These Altcoins Recently In a new post on X, the on-chain analytics firm Santiment has discussed the Whale Transaction Count trend for three altcoins.

Authorities have promised an impending end for cyber criminals associated with the now-sanctioned exchanges.

The US Federal Reserve's decision to ease interest rates by 50 basis points has pushed investors to take on risk assets, raising anticipations of an altcoin season.

It was testified to the fact that in a major development for banks entering the institutional crypto custody space, the largest custodian bank in the US, BNY Mellon, reportedly got an exemption from adhering to the SEC's SAB 121 accounting guidelines specifically for its institutional crypto custody operations. During a federal update on Monday, Chris

Former President Donald Trump's DeFi project, World Liberty Financial, will not be exempt from the stringent and opaque regulations imposed on US-based crypto ventures, according to SEC Commissioner Mark Uyeda.

In a significant legal victory for cryptocurrency regulation, the Commodity Futures Trading Commission (CFTC) secured a $36 million judgment in a California-based crypto fraud case.

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro.

Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai.

South Korea's Financial Services Commission (FSC) pledged on September 20 to actively support the second phase of crypto legislation.

New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud. According to a Sept.

One of the biggest names in late-night television has reportedly been booted from jury selection in an upcoming New York crypto trial.

PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept.

The hefty fine and penalties underscore the CFTC's commitment to cracking down on financial fraud, potentially deterring future scams. The post Crypto scammer hit with $36 million fine by CFTC for fraud appeared first on Crypto Briefing.

Privatizing public goods investment in venture funds would help align incentives and lead to more sustainable financing for networks that have a social purpose, says Azeem Khan.

SkyBridge Capital founder Anthony Scaramucci, a headline speaker at Benzinga's Future of Digital Assets event, is actively working with a group of cryptocurrency advocates to shape U.S. Vice President Kamala Harris‘s policies on digital assets ahead of the 2024 elections. What Happened: "There's a group of cryptocurrency advocates, bitcoin advocates etc.

A man previously accused of lying to customers about their crypto investments was ordered to pay $36 million dollars on Friday.

German authorities have shut down 47 cryptocurrency exchanges for their role in facilitating criminal activities, according to a joint statement from the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA). The exchanges were deactivated after the authorities determined they had been involved in money laundering.

How much money from the Genesis crypto heist was recovered and returned to the victim?

For all the talk of central banks launching digital versions of national currencies, only three projects have fully launched. For a host of reasons, we likely won't see a global rollout of these difficult-to-build and not-particularly-wanted initiatives, says Fiorenzo Manganiello, co-founder and managing partner of investment firm LIAN Group.

German authorities have shut down 47 crypto exchanges connected to illicit activity, including money laundering, in a forceful anti-cybercrime action.