Right now, we're right in the middle of the most bizarre crypto bull run in history. It's not like the ones we've seen in 2012, 2016, or even 2020.
Jesse Pollak, creator of Coinbase's Layer 2 blockchain Base, has been appointed to lead Coinbase Wallet and join the company's executive team, aiming to align the missions of both products in bringing more users and builders into the blockchain ecosystem.
In the UK's first conviction for illegal crypto ATM operations, Olumide Osunkoya pleaded guilty to running an unauthorized network that processed over £2.6 million in transactions, highlighting the country's efforts to regulate cryptocurrency activities and combat financial crimes.
Bithumb, one of South Korea's largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ market. The decision was discussed during a shareholder meeting on September 30, 2024, as part of Bithumb's strategy to expand into the U.S. market.
Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.
Robinhood expands its crypto services in Europe, allowing transfers and self-custody, while also acquiring Bitstamp to boost its global presence in the face of regulatory challenges in the US.
A meme coin fund launched by Three Arrows Capital has come under fire for allocating around 84% of its tokens to wallets belonging to team members and insiders.
Vice president and general manager of Robinhood Crypto, Johann Kerbrat, has dispelled rumors of the company's plan to issue its own stablecoin.
Crypto exchange Gemini has announced its exit from the Canadian market, joining several other platforms that have left due to the country's strict regulatory environment.
About 94.48% of creditors in the "dotcom customer entitlement claims" class who returned ballots voted in favor of the reorganization plan.
The Federal Reserve's 50 basis points rate cut earlier this month is set to cost lading stablecoin issuers around $625 million per month, as the interest earned on the reserves backing these stablecoins dropped as a result.
Robinhood Crypto has rolled out crypto transfers for its customers in Europe, addressing a feature that users in the region have highly requested.
Creator of layer 2 blockchain Base, Jesse Pollak has joined the executive team at Coinbase as engineering vice president while also leading Coinbase Wallet. Jesse Pollak announced on his X account on Oct.
Pollak said that while the collaboration with Coinbase Wallet will bring the teams closer, Base will continue upholding its core values.
Q4 is going to be wild for crypto. The election's going to be over, Donald Trump might be back in charge, and then the real action will begin.
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection.
In a Nashville speech, Federal Reserve Chair Jerome Powell described a path for interest rate cuts over the next few months. Further cuts are likely, but they will be smaller than the most recent ones.
Pollak will also be joining Coinbase's executive team.
Zhu Guangyao, China's former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.
Voters' interest in crypto and its political role is pumping up as the United States Presidential election 2024 is zoning in. The digital assets industry leaders are now weighing their opinions openly on the running candidates' stances and pledges to safeguard the market participants.
Binance announces October Missions, offering users a chance to share 2,000,000 Binance Points by completing various tasks during the activity period.
Two industry observers believe Pollak's involvement in Coinbase Wallet and Base may finally offer a solution to crypto's long-standing UX issues that have hamstrung adoption.
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market.
Jerry Brito, founding executive director at Coin Center since 2014, announced his resignation on the organization's website on Monday, saying he will step down by year-end.
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.
Gemini Canadian users will be closed accounts by December 31, 2024, due to new regulatory requirements.
Crypto exchange Binance says it is complying with international sanctions by denying sanctioned Russian individuals and entities access to its platform. “Compliance remains our top priority. We are deeply committed to our users and maintaining their trust in our platform. We constantly invest in our teams and systems to protect our users,” Binance claimed.
Shigeru Ishiba, Japan's next Prime Minister and the newly elected head of Japan's ruling Liberal Democratic Party, has revealed pro-blockchain and NFT policies.
A US federal judge found Rivetz and its CEO Steven Sprague sold unregistered securities when it offered an Ethereum-based token in 2017.
Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case represents the first conviction of its type under the UK's anti-money laundering laws.
Amid increasing discussions surrounding the crypto regulation landscape, a former senior official from China's Ministry of Finance has urged the government to reconsider its stringent ban on virtual assets.
Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.
Australia's ANZ has joined the Monetary Authority of Singapore's (MAS) Project Guardian to explore real-world asset (RWA) tokenization in financial markets,
Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past.
The crypto market shed millions of dollars and consolidated with negative sentiment. However, the end of Q3 2024 presented the market with bullish cues.
A panel from the Ninth Circuit Court of Appeals has reinstated a key claim in the lawsuit brought by cryptocurrency investor Michael Terpin against AT&T. Terpin claims that AT&T permitted hackers to take over his phone, which resulted in the loss of $24 million in cryptocurrency.
Gemini has told its Canadian users they have 90 days to withdraw their funds before it closes all accounts by the end of this year.
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains.
In an announcement on September 30, 2024, Taiwan's Financial Supervisory Commission (FSC) greenlit foreign crypto exchange-traded funds (ETF) for professional investors. Foreign Digital Assets ETFs Approved For Professional Investors According to the announcement, Taiwan's FSC permits institutional investors to invest in foreign digital asset ETFs through a re-entrustment process.
The South Korean state pension fund has claimed it has no plans to invest in cryptoassets for the time being, despite its recent purchases of crypto-related shares.
Emmer believes that key elements of FIT21, which would establish a crypto regulatory framework, could become law via a year-end spending deal.
Cryptocurrency investment products saw inflows above $1.2 billion over the past week as investors increasingly turn to riskier assets after the Federal Reserve's recent 50 basis point interest rate cut. According to CoinShares' latest Digital Asset Fund Flows report, the $1.
China has maintained a strict stance against crypto since 2013 when it stopped banks from handling Bitcoin transactions.
Global liquidity is surging. Central banks are injecting capital into economies worldwide, and this has massive implications.
Jerry Brito, who helped found nonprofit research and advocacy organization Coin Center, is stepping down at the end of the year.
South Korean crypto exchange Bithumb is reportedly telling shareholders that it is mulling a U.S. stock exchange listing. According to local outlet DNews, Bithumb told shareholders on Monday that South Korea's second-largest crypto exchange by trading volume is mulling a Nasdaq listing.