Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one week later, the firm reversed course.
April 2 Trump tariffs risk a market crash, hitting stocks and crypto. Crypto markets are bleeding, with major sell-offs across the board.
2025 may very well be the year that index investing finally plays a more prominent role in the digital asset ecosystem
Bpifrance, the French investment bank, plans to invest $27 million (€25 million) in digital asset firms with a strong presence in France. This initiative is part of the bank's strategic plan to enhance French digital asset investment funds, which are currently limited.
Stablecoin netflows reached their lowest level since November 2022.
Are crypto demand trends in 2025 rising or falling? Explore market trends, adoption rates, and expert predictions to understand the future of cryptocurrency demand.
Burger King fast food giant periodically returns to the topic of cryptocurrencies as if waiting for a perfect moment to jump on this bandwagon. In 2023, its Paris branch began accepting Bitcoin for payments already.
The cryptocurrency market has decreased by 1.94% over the past 24 hours, leading a drop in market cap to $2.71 trillion. The recent downturn provides investors with opportunities to accumulate altcoins at a discount.
This is a strong gesture that marks the first 100 days of Donald Trump's second term as president of the United States: the president has officially granted his presidential pardon to the three co-founders of the crypto exchange platform BitMEX - Arthur Hayes, Benjamin Delo, and Samuel Reed.
Vitalik Buterin has published a new article recently discussing public goods projects. The Ethereum co-founder believes that the term ‘public goods' is problematic.
The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman.“We're in a stablecoin adoption upswell that's likely to increase dramatically this year,” Pakman said during Cointelegraph's Chainreaction live show on X on March 27.
LATAM's cryptocurrency landscape continues to grow. This week's highlights include the groundbreaking decision of Bitso to launch its peso-pegged Stablecoin in Mexico. This happens as the banking sector embraces blockchain technology in Latin America.
The NFT market begins 2025 on a bitter note, with a brutal 63% drop in sales. Sector icons, such as CryptoPunks and Bored Ape Yacht Club, are collapsing drastically!
Sam Bankman-Fried, the former FTX CEO convicted of orchestrating an $8 billion fraud scheme, has been unexpectedly moved from his New York prison to the Federal Transfer Center in Oklahoma. Reports reveal that he was woken up at 3 a.m. before being relocated without clear reasoning from authorities.
Sam Bankman-Fried, currently serving a 25-year prison term, has a new home after completing an unauthorized interview with Tucker Carlson. Before the interview, SBF was housed at the Metropolitan Detention in Brooklyn, where the March 25th remote interview was conducted.
Regulators worldwide are tightening their grip on crypto exchanges, and Thailand is no exception. The country's Securities and Exchange Commission (SEC) has taken legal action against OKX, one of the biggest crypto exchanges, for allegedly operating without a license. The Thai SEC has filed a criminal complaint against Aux Cayes FinTech Co. Ltd.
The European Insurance and Occupational Pensions Authority (EIOPA) has proposed a new regulation requiring insurers to maintain capital equivalent to the full value of their cryptocurrency holdings. The recommendation, included in a technical advice report to the European Commission on March 27, reflects a growing concern over the volatility and risks associated with digital assets.
What if the next viral meme coin is just one click away—and it isn't Dogecoin or Shiba Inu? In 2025, the meme coin mania is escalating at breakneck speed. Crypto enthusiasts are turning small investments into life-changing gains, driven by internet culture, community hype, and unconventional narratives.
The warehouse, whose construction was financed in part with tokenized sales, marks one of the first times that this financing scheme has been used successfully in El Salvador. The Digital Assets Law allows for this kind of financing model, allowing companies to take advantage of the opportunities linked to it.
The FDIC has officially dropped its 2022 rule that forced banks to get prior approval before engaging in crypto activities.This move opens the door for financial institutions to explore the digital asset space without waiting for approvals that never arrived.
Stablecoin continue to gain traction from governments and cross-boarder payment players.
If you've ever stared at a trading chart, wondering how people spot trends before they happen, you're not alone. The secret? Indicators. And one of the most powerful indicators out there is the MACD (Moving Average Convergence Divergence). Imagine having a tool that helps you see momentum shifts before the market makes a move.
South Carolina dismissed its lawsuit against crypto exchange Coinbase, becoming the second state to drop its staking-related case after the US watchdog's shift toward the industry. The exchange's Chief Legal Officer (CLO) called the development a “victory” for crypto investors.
BlackRock, the $10 trillion asset management giant, continues to strengthen its presence in the digital asset space. Its tokenized investment vehicle, the BUIDL fund, has now surpassed $1.5 billion in assets under management (AUM), according to data from Arkham Intelligence.
The Federal Reserves preferred inflation gauge rose more than expected in February, sparking fresh concerns about interest rate policy and sending shockwaves through financial and crypto markets. The core Personal Consumption Expenditures (PCE) price index, which excludes food and energy, increased 0.4% from the previous month its sharpest gain since January 2024 pushing the annual rate to 2.8%.
Former BitMEX CEO Arthur Hayes has received a full pardon from U.S. President Donald Trump, alongside BitMEX co-founders Samuel Reed and Benjamin Delo, according to a White House official. The pardons, first reported by CNBC, were signed Thursday.
The Federal Deposit Insurance Corp. (FDIC) has eliminated its 2022 requirement that banks obtain pre-approval before engaging in cryptocurrency-related activities. This shift marks a significant change in how U.S. banks can approach digital assets, easing restrictions that effectively sidelined many institutions from the crypto sector.
Russian Finance Minister Anton Siluanov specified that digital financial assets were among the options that BRICS was considering for securing independence from third-party nations in the economic trade arena.
FTX, a former cryptocurrency firm, will start paying its creditors on May 30, according to lawyer Andrew Dietderich. The company has accumulated $11.4 billion in cash since it shut down and filed for bankruptcy in November 2022.
FTX, the once-prominent cryptocurrency firm, is ready to start paying back its major creditors by the end of May. After gathering a massive $11.4 billion since its collapse, the cryptocurrency firm is ready to begin making significant payouts as per a latest report from Bloomberg.
Fake trading bots, manipulated token prices, and $23 million in seized crypto underscore a sweeping DOJ crackdown on fraud and deceptive digital market practices. DOJ Targets Gotbit in $23M Crypto Market Manipulation Crackdown The U.S.
Five top Democratic senators sent a formal letter on Friday to the Federal Reserve and the Office of the Comptroller of the Currency, asking how the agencies plan to hold their ground against what they described as “unprecedented risks” caused by President Trump's new crypto stablecoin project.
Coinbase reactivates staking in South Carolina after the state drops its case, marking another major win as regulatory barriers to crypto innovation continue to collapse.
The FDIC has revised its crypto oversight policy, removing the requirement for prior approval from banks before launching crypto services, while still mandating notification and ongoing supervision. The post FDIC Clears Path for Banks to Engage in Crypto Without Prior Approval appeared first on Cryptonews.
Binance plans to use its Launchpool platform to launch trading support for the new native asset of a gaming blockchain. Binance Launchpool, which lets users stake coins to farm new assets, says its 66th project will be GUN, the official token of the GUNZ blockchain, which was built by developer Gunzilla Games.
SBF, the convicted FTX founder, was moved from a New York federal prison to an Oklahoma City facility after an unauthorized interview led to solitary confinement, prompting scrutiny over custody protocols. The post SBF Relocated to Oklahoma as Legal Challenges Persist appeared first on Cryptonews.
The FDIC and CFTC have both been working to change previous crypto guidelines. As federal regulators reconcile with the industry, they are removing old rules that specifically target crypto.
Hashkey Group and Bosera have secured approval from Hong Kong's SFC to launch the world's first tokenized money market ETF. This milestone marks a significant step in integrating blockchain with traditional finance, improving transparency and liquidity.
Explore the latest in crypto oversight in this weekly crypto regulation news roundup, featuring SEC public roundtables, Ripple's $50M settlement, a new stablecoin bill in Congress, and UK tax proposals on crypto trades. The post Weekly Crypto Regulation News Roundup: SEC to Host Roundtables, Congress Advances Stablecoin Rules appeared first on Cryptonews.
MUBARAK's sharp 40% drop after its Binance listing has reignited debate around centralized exchange listing practices and the broader state of the meme coin ecosystem.
Wintermute had the U.S. Security and Exchange Commission's (SEC's) undivided attention for a short period on March 28. Representatives of the London-based algorithmic market maker requested a meeting with the SEC Crypto Task Force on March 12, and got it on March 28.
The Central Bank of the UAE is set to issue its Digital Dirham, a blockchain-based version of the country's national currency AED, for retail use by the last quarter of 2025.According to reports from the Khaleej Times, the CBDC will feature high security, tokenization, and smart contract integration, enabling instant settlements and multi-party transactions.
The Federal agency reverses policy that required banks to seek permission before offering cryptocurrency services—a significant shift in the U.S. regulatory landscape
President Donald Trump issued full pardons to the three co-founders of crypto exchange BitMEX on March 27, clearing their names years after they admitted to violating US anti-money laundering laws, CNBC reported. Arthur Hayes, Benjamin Delo and Samuel Reed, who launched BitMEX in 2014, had each pleaded guilty to charges under the Bank Secrecy Act.
Five Democratic lawmakers in the US Senate have called on leadership at regulatory agencies to consider the potential conflicts of interest from a stablecoin launched by World Liberty Financial (WLFI), the crypto firm backed by US President Donald Trump's family.In a March 28 letter from the US Senate Banking Committee, Massachusetts Senator Elizabeth Warren and four other Democrats asked the Federal Reserve's committee chair on supervision and regulation, Michelle Bowman, and acting comptroller of the currency, Rodney Hood, how they intended to regulate WLFI and its stablecoin, USD1. March 28 letter from five Democratic senators to OCC, Fed leadership.
In a regulatory pivot, the SEC has formally dropped its cases against Consensys, Kraken, and Cumberland DRW. The decision signals a broader reassessment of crypto oversight and may pave the way for clearer industry guidance. The post SEC Officially Drops Consensys, Kraken, and Cumberland DRW Cases appeared first on Cryptonews.
Crypto market crash: with a sharp 4% drop in market cap to $2.72T, Bitcoin and Ethereum are leading the crash. Is this just a correction or the start of a brutal bear market?
On Wednesday, the T3 Financial Crimes Unit (FCU), integrated by Tether, Tron, and TRM Labs, announced that it had frozen close to $9 million linked to one of the largest cryptocurrency thefts ever, the Bybit hack.