Crypto scams driven by social engineering soared in 2024, with analysts warning that scammers are increasingly targeting celebrities and tech leaders. In a Feb.

Swedish payment giant Klarna plans to integrate crypto. The ‘last fintech in the world to embrace it,' according to Klarna CEO Sebastian Siemiatkowski.

Binance and SEC submitted a joint request to hold the ongoing case. The crypto community wants to drop the case instead of delaying it.

Top BBC journalist's X account now promotes crypto scam on Solana network.

The crypto universe also hides traps molded in the shadows of screens. Swagg Man, former king of social networks turned symbol of uninhibited capitalism, now embodies this dark side.

SCOTUSblog co-founder and former Supreme Court lawyer, Tom Goldstein was reportedly detained over crypto transfers amid a tax evasion case. A Maryland judge ruled that he violated pretrial release terms in the case tied to his high-stakes poker playing.

Despite Bitcoin hitting a record high of $100,000 in Q4 2024, venture capital activity in crypto startups remained flat, with VC deal size down nearly 90% since 2018.

Two Chinese nationals were arrested in Thailand on Feb. 5, after a joint Thai-Chinese operation seized $2.5 million in USDT and other assets worth over $100,000. Scam Masterminds Linked to Human Trafficking A recent joint operation by Thai and Chinese law enforcement resulted in the seizure of $2.

According to OpenSea CEO, the website from which the rumors originated are truly linked to the OpenSea Foundation.

A crypto strategist known for accurately calling the 2021 digital asset cycle top believes that altcoins are poised to witness a bounce. The analyst pseudonymously known as Pentoshi tells his 854,200 followers on the social media platform X that he's accumulating crypto assets believing that the altcoin market is gearing up for a recovery.

The legal scene between Osprey Funds and is heating up again. Asset manager Osprey Funds is asking a Connecticut state judge to reconsider his decision that favored Grayscale in an ongoing lawsuit over unfair trading practices. This case revolves around claims that Grayscale misled investors about converting its Bitcoin trust into an exchange-traded fund (ETF).

The majority of scams involved gaining access to notable people's social media accounts through social engineering.

The SEC and Binance filed a joint motion to pause their legal case for 60 days, citing the newly formed SEC Crypto Task Force's potential impact on regulations.

Solayer's native token, LAYER, is set to make its Binance debut on Feb. 11 accompanied by an airdrop event scheduled one hour before trading starts.

The SEC and Binance have jointly requested a 60-day pause in their legal proceedings to evaluate potential resolution opportunities as the SEC's new crypto task force, led by Commissioner Hester Peirce under Chairman Mark Uyeda, begins its work on clarifying digital asset regulations.

Osprey alleges that Grayscale misled investors in the competitive US Bitcoin ETF market when it said that its GBTC fund will be converted into an ETF.

Cryptocurrency exchange platform BestChange has said it is unsure why its website was blocked by Russia's communications watchdog Roskomnadzor, but that it is in touch with the central bank to try to lift the ban.

Crypto VC deals dropped 46% from Q1 to Q4, but investment value rebounded in Q4, signaling a shift toward selective, high-value projects, according to PitchBook.

For the first time under acting SEC Chairman Mark Uyeda, a cryptocurrency lawsuit faces a temporary halt.

Polymarket odds on OpenSea issuing an airdrop before April spiked from 25% to 45% following the tweets.

Summer.fi has announced the launch of the Lazy Summer Protocol. It is a new AI-powered platform for optimizing DeFi lending yields.

Four.Meme, a recently deployed meme coin launchpad on Binance Smart Chain (BSC), has suffered a malicious attack, forcing the platform to suspend token trading.

Binance and SEC requested a 60-day pause in legal proceedings.

The 'Digital Assets Investments Act' seeks to allow the state to diversify its portfolio by investing in bitcoin exchange-traded products.

The joint request was made in consideration of the SEC's new crypto task force and its potential impact on the crypto regulatory landscape.

Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.

FTX total asset portfolio was valued at $65 billion prior to bankruptcy.

Wired's article revealed text messages sent by Binance exec Tigran Gambaryan from Nigerian Prison during his 8-month detainment. Through text messages sent from a prison facility in Kuje, Nigeria, Gambaryan described his condition to journalist Andy Greenberg.

Solayer (LAYER) will launch on February 11, 2025, at 14:00 UTC.

The motivations behind the choice of Klarna

The legal battle between the world's largest crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) has taken a surprising turn. Both parties have agreed to pause the case for 60 days, marking a potential shift in how the SEC handles crypto lawsuits.

Binance and the US Securities and Exchange Commission (SEC) have jointly filed a motion to pause their ongoing legal proceedings for 60 days.

A Kenyan law enforcement agency said it regained control of its X and Facebook accounts on Feb. 9, just hours after hackers used them to promote a fake cryptocurrency. Hackers Offer Tokens for Likes Kenya's Directorate of Criminal Investigations (DCI) announced Feb.

The crypto market's uncertainty brings highs and lows consistently, where predicting the future is almost impossible, but not for this crypto whale. The recent findings revealed that a savvy crypto trader with more considerable holdings has often managed to identify golden opportunities despite the chaos.

The crypto community appears to have lost interest in speculative meme coins and has refocused on leading layer-1 assets.

Binance and the US Securities and Exchange Commission (SEC) filed a joint motion requesting a 60-day stay in their ongoing legal case.

OpenSea refuted rumors that it would mandate a know-your-customer process for users to participate in a potential token airdrop.

Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub.

Celebrity-endorsed meme coins have experienced significant downturns, with some losing over 80% of their value from all-time highs (ATH).

Top Altcoins ETF Approvals see rising odds, with Litecoin ETF at 90% approval probability, followed by Dogecoin, Solana, and XRP ETFs.

A Connecticut judge handed a win to Grayscale in Osprey Funds' unfair trade practice suit but now Osprey is asking for that to be reviewed.

In a major development, crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion to pause the legal proceedings for 60 days. This is the first major development in the Binance lawsuit after Chairman Mark Uyeda took charge of the SEC last month.

Korea Exchange chairman Jeong Eun-bo recently pushed for the country's approval of crypto exchange-traded funds (ETFs). Amid the country's stock market crisis, he urged revamping South Korea's financial industry to strengthen the market and compete with other nations.

Binance Proof of Reserves data reveals an $8 billion decline in non-customer assets, marking the lowest level in nearly two years.

Klarna, a Swedish payments firm with 85 million users, is reportedly eyeing a US initial public offering — and its CEO is looking for ideas on how it can integrate digital assets.

Jesse Pollak supports diverse token inclusion from Base and other networks.

Venture capitalists maintained a cautious approach, resulting in a modest Q4 2024 funding rebound that left the year's totals nearly flat compared to 2023, even as digital asset prices surged on Trump's comeback. The post Crypto VC Funding in 2024 Failed to Accelerate Despite Trump-Fueled Price Rally appeared first on Cryptonews.