Gary Gensler, the chair of the U.S. Securities and Exchange Commission, reiterated his call for cryptocurrency exchanges to register with the agency and highlighted the need for proper disclosures from those selling securities, as his tenure at the SEC may be nearing its conclusion.
South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of victims. Yonhap News reports that the suspected perpetrators, including a YouTuber with 620,000 subscribers, received 325.
The cryptocurrency market experienced notable upside momentum following the election of Donald Trump as president of the United States. However, sentiment now appears to be cooling off, resulting in hundreds of millions of dollars in liquidations.
Gaetz's appointment may appeal to the crypto industry due to his ongoing efforts to integrate Bitcoin into mainstream financial practices. Previously, Gaetz proposed legislation allowing the IRS to accept Bitcoin for tax payments, positioning it as a step toward modernizing the U.S. tax system.
Crypto.com, a Singapore-based Crypto exchange operator, has announced today the acquisition of Fintek Securities Pty Ltd. This announcement comes exactly two weeks after it announced the acquisition of SEC-registered broker-dealer Watchdog Capital, LLC.
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.
TL;DR The crypto market experienced significant drops on Thursday. Bitcoin lost 3.99% and is trading around $88,800. Polkadot, Avalanche, Chainlink, and Ethereum saw major declines, while Ripple and Pepe were the cryptocurrencies with the highest gains. Shares of crypto-related companies such as Coinbase and Riot Platforms fell, while Ebang, NVIDIA, and AMD posted gains.
The Crypto Market Integrity Coalition called on Congress to establish a national regulatory framework for digital assets before the current legislative session ends. In a letter dated November 14 and seen by crypto.
A prominent cryptocurrency investor is sharing his latest insights into digital assets that could skyrocket in value by 2025. With a track record of identifying winning investments, his new recommendations promise significant returns.
Phantom, a major wallet provider for the Solana ecosystem, is facing a technical crisis following a faulty update of its iOS application that has caused many users to be disconnected. An emergency fix has been deployed, but the situation remains concerning for those who have lost their recovery phrases.
In a speech that had the tone of a farewell, SEC Chairman Gary Gensler defended his approach to regulating the crypto industry and reviewed key accomplishments during his tenure.
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission's record on crypto enforcement and approving ETFs.
Doodles artwork will appear on 100 million McCafe Holiday Cups across United States-based restaurants starting on Nov. 18.
Donald Trump's comeback to the White House is a game-changer for crypto on the global stage. In fact, if you ask Xiao Feng, chairman and CEO of HashKey Group, Trump will quite literally force China to reconsider its hardline ban on crypto in just two years.
A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to.
As tech tensions between the US and China deepen, cryptocurrency could become a new frontier for competition. US President-elect Donald Trump's pro-crypto stance, promising clearer regulations and potential industry support, may spur China to reconsider its approach to digital assets, according to HashKey Group's chairman and CEO, Xiao Feng.
The cryptocurrency market's value has surpassed $3 trillion in anticipation of an industry-friendly United States president. The global market value for crypto reached a record high of nearly $3.2 trillion on Nov. 14 in Asia, Reuters reported, citing data from CoinGecko.
Crypto.com has acquired Australian brokerage Fintek Securities, enabling the platform to offer a wider range of financial products, including derivatives and foreign exchange, while enhancing its presence in the regulated Australian market. The post Crypto.com Acquires Australian Brokerage Fintek Securities appeared first on Cryptonews.
INX Digital Company will list Furahaa Group (FURA) tokens on its platform, allowing global investors to participate in Furahaa's rapidly growing vegan fast-food and distribution business.
The Non-fungible token (NFT) era took the blockchain gaming ecosystem by a storm; this unique digital asset niche was one of the most discussed topics in 2021, with some experts terming it as the future of gaming. However, as fate would have it, most of the NFT-oriented games that made headlines at the time are
Elizzarda Crypto Casino is gaining popularity not only because of its wide range of games and attractive bonuses, but also because of the unique opportunity it offers its users.
Gary Gensler has made suggestions about SEC regulation of digital assets before Trump's administration takes hold with their high priorities regarding cryptocurrencies. On Thursday, an annual securities regulation conference was held in New York.
The UK is set to unveil stablecoin and staking legislation, aiming to redefine digital asset regulation. Under the Financial Conduct Authority's guidance, these measures will protect consumers, ensure compliance, and establish a robust framework for UK crypto firms. The post UK to Introduce Stablecoin Regulations and Exempt Staking Services: Report appeared first on Cryptonews.
A widely followed analyst is turning bullish on altcoins as the total cryptocurrency market capitalization hovers above $3 trillion.
The UK government will announce its plan to regulate the crypto industry. The UK treasury plans to focus on stablecoins and staking services.
The collaboration includes the banking-grade digital asset custody solution Taurus-PROTECT and the blockchain node infrastructure Taurus-EXPLORER. The post State Street-Backed Taurus and ISP Join Forces on Digital Asset Offering for Institutional Clients appeared first on Cryptonews.
Cryptocurrencies have become an integral part of financial markets, as global institutions have shown massive interest in this rising market.
With Trump about to reenter the White House, can crypto really depend on him and his promises?
The United Kingdom is reportedly preparing to roll out new cryptocurrency regulations this month. The rules are part of an effort by the U.K. government to offset the attraction of doing business under the United States's new pro-crypto president, Bloomberg reported Thursday (Nov.
Prominent investors Ben Horowitz and Marc Andreessen sharply criticized the Biden administration's regulatory approach to crypto, accusing federal regulators of lying about consumer protection motives while enabling damaging market practices. What Happened: In a conversation on the Ben & Marc show, Horowitz stated, "The Biden regulators lied about crypto and said, ‘we have to protect consumers,' but as they were terrorizing every compliant and legal company, they let all the crazy fly-by-night meme coins and scams run, because they wanted to destroy the industry and destroy trust in the markets.
Explore how blockchain's practical applications in industries like retail, insurance, and real estate are quietly paving the way for Web3 mass adoption, beyond the usual hype.
The body of Kevin Mirshahi, a 25-year-old cryptocurrency influencer who had been missing since June, was found dead. Mirshahi's body was discovered in Montreal's Île-de-la-Visitation Park, as confirmed by the Sûreté du Québec, according to the Montreal Gazette.
In just 10 days, a savvy crypto trader leveraged precise crypto trading moves on two new tokens, $Pnut and $FRED, to secure $2.74 million in profits. Through a combination of FOMO trades, calculated accumulation, and lessons learned from previous losses, this trader demonstrated the potential of high-stakes crypto trading in a volatile market.
U.S. SEC Chair Gary Gensler again made the call for crypto exchanges to register as his time leading the SEC could be coming to an end.
This new tool allows users to hold and spend money in traditional currencies. For example: Euros and British pounds, while using their crypto wallets.
The crypto market reached a new all-time high market capitalization, above $3.14B.
The liquidators of Three Arrows Capital believe the action of FTX to liquidate $1.33 billion a few weeks before its collapse was unfair and avoidable.
World Liberty Financial (WLFI) announced a partnership with Chainlink on Nov. 14, aimed at enhancing the security and interoperability of its DeFi protocol. The collaboration is intended to leverage Chainlink's established on-chain data and cross-chain connectivity solutions, which are widely adopted across the decentralized finance sector.
French plant-based fast-food leader, Furahaa Group, is making a significant move into the digital asset space with the upcoming listing of its FURA tokens on INX, a regulated platform for digital securities and tokenized real-world assets.
Elon Musk weighed in on excessive government expenditure as a major driver of inflation amid Donald Trump‘s cabinet appointments spelling potentially good news for the cryptocurrency industry. What Happened: In a post on X on Thursday, Musk stated that “all government spending is taxation,” either direct or indirect via inflation.
Oasys distinguishes itself from competitors by offering more flexibility and interoperability.
TL;DR Three Arrows Capital (3AC) seeks to increase its claim against FTX from $120 million to $1.53 billion, alleging improper liquidation of assets. 3AC also filed a $1.3 billion claim against Terraform Labs, arguing that it was misled about the stability of the UST and LUNA tokens.
Battle royale game Off The Grid has garnered significant attention since its launch, amassing 9.12 million wallets and over 100 million transactions within its first month.
VALR, Africa's largest crypto trading platform by volume and backed by Pantera Capital, has announced a milestone in its user growth, with the platform now hosting over one million users.
The Telegram-based tap-to-earn game, MemeFi, is offering players an opportunity to enhance their airdrop allocations just days before a key snapshot set for Nov. 15.
Decentralized predictions platform Polymarket currently shows 87% odds that the crypto exchange will be in the top 10 position on Friday.
DeFi Technologies has announced plans to launch CoreFi Strategy, a new investment vehicle aimed at providing exposure to Bitcoin and its associated decentralized finance ecosystem.
Bitfinex introduces Version 1.106, featuring updates to Thalex Derivatives, a new competition page, and various bug fixes to improve user experience.