Similarly, in December December 2023, ScamSniffer reported that scammers employed a wallet-draining service called “MS Drainer” to steal around $59 million in different cryptocurrencies using fake ads for popular crypto sites like Zapper, Lido, and Stargate.

TL;DR Binance Labs has made a strategic investment in OpenEden, a real-world asset (RWA) platform, to promote the expansion of these assets within the DeFi ecosystem. The amount of the investment has not been disclosed, but it will be used to increase access to RWA-backed yields.

Cryptocurrency exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), demanding a jury trial in response to the agency's ongoing lawsuit. What Happened: The legal battle, filed in the Northern District of California, comes as Kraken faces allegations of failing to register as a broker, exchange, or clearinghouse under federal securities laws—a charge that has also been leveled at crypto giants Binance and Coinbase (NASDAQ:COIN), Coindesk reported.

The SEC alleges Binance operated illegally as an unregistered exchange, broker-dealer, and clearing agency. Criticism emerges as the SEC admits “crypto asset security” lacks a formal definition.

A recent token heist at Compound DAO revealed the weakness of current DAO governance voting. There is a better way, say Andrés Fábrega, Jay Yu, Amy Zhao, and Ari Juels.

Hong Kong's Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive framework that mandates licensing and adherence to anti-money laundering (AML) and counter-terrorist financing regulations.

Explore the top 5 altcoins for long-term investment in 2024, including TRON, Cardano, Avalanche, Kaspa, and Uniswap. Discover the cryptocurrencies poised for significant growth and high returns.

Since stepping into the role, Gensler has aggressively targeted major crypto firms. Companies like Binance and Coinbase have faced heavy scrutiny under Gary Gensler's leadership.

In an X post, Coinbase Chief Legal Officer Paul Grewal draws attention to a footnote in the SEC's amended complaint filed in the Binance lawsuit.

The US government is intensifying its attempts to secure the release of Tigran Gambaryan, a Binance executive imprisoned in Nigeria since February 2024.

Officials have reportedly stepped up attempts to advocate for the release of Binance executive Tigran Gambaryan from Nigerian prison.

The product will allow users to access up to 30% of blocked assets in a liquidity pool.

Political memecoins — PolitiFi — had a real moment during the first half of the year. That's since been put on hold.

The U.S. Securities and Exchange Commission "regrets" referring to crypto tokens themselves as securities, according to a court filing.

The crypto miners wallet holdings have plunged. Bitcoin and Ethereum have briefly recovered from their recent dips.

Bitcoin and most altcoins remained in a tight range as the crypto fear and greed index moved to the fear zone of 33 ahead of the Federal Reserve and Bank of Japan decisions.

Could eToro's settlement with the SEC be the beginning of a major shift in how crypto assets are regulated? Will other platforms face similar crackdowns in the near future?

Binance has issued a global alert about a rising malware threat targeting cryptocurrency users. Known as “Clipper malware,” the malicious software alters wallet addresses during transactions, leading to financial losses if the wallet user doesn't catch on, according to Binance.

Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this year for a U.S. initial public offering.

Binance has announced the Telegram mini-app game Catizen as the 59th project on the Binance Launchpool, allowing users to farm the gaming bot's native token ahead of trading. In its announcement on Sept.

Crypto firms in the UAE can now access local insurance for digital assets, reflecting the nation's growing emphasis on regulatory security.

Kraken accused the SEC of blocking efforts to register or cooperate, saying they were "stonewalled" by inconsistent rulings and guidance.

A widely followed crypto analyst says the altcoin market could start breaking out if one key event occurs. In a new video, analyst Nicholas Merten tells his 509,000 YouTube subscribers that if Bitcoin (BTC) starts flipping resistance levels into support, altcoin rallies may start within the next few weeks.

Binance Launchpool has revealed its support for the Telegram-based game Catizen, adding CATI as the 59th project. The announcement has sparked market interest, especially amid the soaring hype over the cat-themed gaming bot built on Telegram.

Betting odds on Polymarket surged to over 84% following former U.S. President Donald Trump's announcement about the upcoming World Liberty Financial project. According to Coindesk, Trump mentioned plans to launch the family-run initiative on Monday, sparking speculation about the potential introduction of a cryptocurrency token before the November 2024 elections.

Will Trump's involvement in World Liberty Financial attract more investors, or will it increase the scrutiny on a project that is already raising eyebrows due to its controversial token distribution and governance? Experts weigh in.

The tokenization of real-world assets (RWAs) is transforming the financial sector in 2024. It has captured interest from both web3 enthusiasts and traditional finance giants like BlackRock and Franklin Templeton.

As the digital asset market faces uncertainty, tech leaders are finding new ways to stay ahead. Markus Kuhnert, founder, and CEO of BRANDGUARDIAN and upcoming speaker at the Benzinga Future of Digital Asserts event, believes that decentralization could be the answer.

A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal.

Circle CEO Jeremy Allaire dismisses the possibility of a US CBDC, claiming a lack of public support.

After more than a decade of running crypto startups, I'm ready to call a paradigm shift:

Hong Kong's financial regulator discusses new licensing plans for OTC crypto services, collaborating with industry players.

RWA tokens gained a bullish momentum, with tokens such as $QNT and $OM gaining over 5% in price over the last 24 hours. The RWA tokens managed this feat despite having a 14.84% decrease in trading volume.

Republican presidential candidate Donald Trump has officially unveiled the launch date of his decentralized finance (DeFi) project, World Liberty Financial.

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A growing trend in the cryptocurrency space sees investors flocking to new and innovative projects that offer high potential for growth. One such investor, a Helium (HNT) millionaire, has recently made headlines by going all in on the new gambling cryptocurrency, Mpeppe (MPEPE), currently priced at $0.0021.

ParaFi Capital has partnered with Securitize, a real-world asset tokenization platform, to tokenize a portion of its more than $1 billion in assets under management on the Avalanche blockchain.

Kraken, the cryptocurrency exchange, has requested a jury trial in response to the U.S. Securities and Exchange Commission's (SEC).

Former President Donald Trump has revealed plans to launch his cryptocurrency project, World Liberty Financial, on September 16.

Former President Donald Trump and his family are set to launch a controversial cryptocurrency project called World Liberty Financial on Sep. 16. What Happened: The announcement, made on Trump's social media platform, has raised eyebrows in political and financial circles.

As the digital asset industry braces for potential shifts in the regulatory environment ahead of the U.S. presidential election, blockchain companies like Shardeum are positioning themselves to navigate an uncertain future. Kelsey McGuire, the chief growth officer at Shardeum, known for its unique method of boosting transaction throughput with each new node added to its network, said that the company carefully monitors political developments.

Major crypto exchange Binance has announced the completion of the Polygon (MATIC) token swap to Polygon (POL).In this light, deposits and withdrawals for the new POL tokens have now been opened. Binance will also add the new token to its various platforms: Polygon (POL) will be added to Binance Simple Earn, "Buy Crypto," Binance Convert, Binance Margin, Binance Futures and Binance Auto-Invest at the respective dates and times listed below.

Kraken has officially requested a jury trial in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). The request was made after a U.S. district court in California ruled that the lawsuit, which alleges the exchange operated as an unregistered securities exchange, broker, and clearing agent, would proceed to trial.

The crypto sector is an ever evolving space with thousands of projects launching every day. But are all these worth investing? Today we are going to have a look at the most promising crypto projects that are going to be listed on crypto exchanges in Q4 of 2024.

Discover the top 7 instant crypto exchanges to maximize your gains during the next 2024 bull run. Learn about their unique features, benefits, and potential drawbacks to help you make informed choices and stay ahead in the market.

Alena Afanaseva is a driving force in the world of cryptocurrency media: as the CEO and founder of BeInCrypto, she heads a global platform that provides timely news and insights on blockchain and digital currencies. With a background in finance and journalism, she is committed to providing accurate information and educational resources for both experts and beginners.

TL;DR Launch Date: Donald Trump's cryptocurrency venture, World Liberty Financial, is set to launch on September 16, 2024, just ahead of the upcoming presidential election, marking a significant shift in his stance on digital currencies.

Taking place on September 16th at Hopscotch Bar Singapore, as part of TOKEN2049, this event is set to be a major highlight in the crypto community. The DePIN Alliance event, powered by U2U Network and JDI Ventures, promises a dynamic experience, featuring key figures from the blockchain industry.