TL;DR Azura, a new DeFi platform, debuted on October 22, 2024, backed by a $6.9 million investment round led by Initialized Capital. The platform aims to simplify access to DeFi applications and reduce entry barriers for new investors and users.
Stablecoins kept expanding their influence on the crypto market, with 70 active new assets. Liquidity still clustered into the leading tokens, with only 10 stablecoins reaching $10M in daily volumes.
Minneapolis Federal Reserve President Neel Kashkari — who once compared Bitcoin to Beanie Babies — on Monday clashed with the crypto community after proclaiming that digital assets are only useful for purchasing drugs and other criminal activities.
Buenos Aires has introduced a new digital identity system that prioritizes privacy using zero-knowledge technology. The Argentinian government has integrated QuarkID, a blockchain-based identity solution, into its miBA app, which offers services and documents to over 3.
Coinbase has submitted two Freedom of Information Act (FOIA) requests against American regulators. The crypto exchange is demanding the disclosure of documents related to the prosecution of crypto companies by U.S. banks.
TechCrunch founder Michael Arrington says payments giant Stripe has completed the acquisition of stablecoin startup Bridge. In an X post referencing a report about Stripe's discussions to acquire Bridge, the tech publication executive says the $1.1 billion purchase of Bridge is a done deal.
The recently confirmed acquisition of stablecoin payment platform Bridge for $1.1 billion by U.S. payment processor Stripe validates the growing importance and legitimacy of stablecoins as a use case for public blockchains—particularly for global cross-border transactions, according to Bernstein. “Stablecoins have become systemically important, now the 18th largest holder of U.S.
The U.S. SEC signals a push for more oversight and regulation of crypto in 2025.
US Securities and Exchange Commission Chair Gary Gensler talks about the challenges around regulating artificial intelligence and cryptocurrencies on "Bloomberg Technology."
On October 2nd the UAE Federal Tax Authority exempted crypto transaction from value-added tax (VAT). Effective from Nov. 15, 2024, the exemption applies retrospectively to transactions dating back to Jan. 1, 2018.
The US Securities and Exchange Commission (SEC) has once again published its list of 2025 exam priorities, adding “Crypto Assets” for the second time in a row. Notably, this new exam priorities list has drawn a new round of criticism.
Cryptocurrency continues to be on the SEC focus review list in 2025 despite most crypto companies not being registered with the agency.
Billionaire Elon Musk has publicly rallied behind John Deaton, who is known among crypto fans for his legal advocacy, in his bid to replace the crypto industry's least favorite U.S. lawmaker, Sen. Elizabeth Warren.
The regulator's Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch.
CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.
A ‘proximity breach' is a rising trend, when someone exploits someone close to them to steal money—this time through a WiFi network.
The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology's interaction with legacy systems.
BitMEX launches SCRUSDT perpetual swap, allowing traders to leverage up to 50x on SCR, the native token of Scroll. Discover the new trading opportunities now available.
How can crypto be without regulators? That is a question a lot of crypto enthusiasts would want an answer to. Is MiCA in our favor? Probably.
Grant Colthup, former CEO faces a fraud charge for allegedly stealing $1.5M from a customer. The court has adjourned the case to December 16, 2024.
X Empire, a popular tap-to-earn game themed around Elon Musk, is set to launch its X token on The Open Network (TON) on Oct. 24.
This year's Bitcoin halving and subsequent drops in network activity have once again put pressure on miners' profit margins. With block rewards cut in half and reduced revenue from transactions, many operations are desperate for creative ways to remain viable.
India is currently weighing a potential ban on cryptocurrencies like Bitcoin and Ether while exploring the adoption of a Central Bank Digital Currency (CBDC), according to reports published on Tuesday, October 22, 2024.
The hype around Meme coins is still persistent and have continuously offered the best crypto trading experience. Just recently, a crypto trader made $9M within just three days in GNON, explaining these meme-themed cryptos hype.
On Monday, Coinbase's Chief Legal Officer, Paul Grewal, announced that the exchange is ramping up its legal efforts in their ongoing battle with US regulators by filing two new sets of Freedom of Information Act (FOIA) requests.
TL;DR Binance and Crypto.com lose market share to smaller competitors and DEXs. Bybit and OKX are taking advantage of Binance's drop, significantly increasing their share. Trading volumes on DEXs have grown, reaching 13.6% of total trading volumes. The cryptocurrency ecosystem is undergoing a remarkable transformation, with centralized exchanges like Binance and Crypto.
The U.S. SEC has officially added cryptocurrency to its list of items to examine for 2025, according to a report by FOX Business journalist Eleanor Terrett.
Azura completed a $6.9 million investment round backed by the Winklevoss twins, Volt Capital and Alliance DAO.
The integration of blockchain into industries like sports has been a growing trend. Digital assets such as NFTs (non-fungible tokens) and fan tokens are being used to deepen fan engagement and enhance overall fan experiences.
This week, a major crypto fraud trial involving over €28 million ($30 million) in stolen funds opened in Nancy, France. The trial is expected to last a month.
Bybit, in partnership with S1LKPAY, is expanding the global footprint of the Bybit Card to facilitate crypto spending.
The Financial Conduct Authority of the United Kingdom responds to the criticisms of its "too harsh" regulations on cryptocurrencies.
Crypto scammers are using fake Google ads to target Soneium blockchain users in a new phishing attack.
Newly launched Grass pre-market futures held steady on Tuesday, Oct. 22, as traders awaited the upcoming airdrop. Grass (GRASS) futures offered by OKX were trading at $1.15, 52% higher than last week's low of $0.7330.
Thanks to the rapid development of AI, it is becoming increasingly challenging to tell humans apart from their future machine overlords.
Eric Golden, Canopy Capital Group CEO, joins 'Squawk Box' to discuss the state of crypto, tracking the price of bitcoin, impact of 2024 election, the importance of stablecoins, and more.
After the failure of the HMSTR token, the eyes are on the X Empire price performance past its listing this month. The latest Telegram Tap-to-earn game, X Empire, has gained significant popularity with the in-game cartoon animations of popular crypto celebrities like Elon Musk, Michael Saylor, etc.
This deal is huge—it's the biggest acquisition in the crypto industry ever, with Stripe paying $1.1 billion. So, what does this mean for businesses, crypto users, and Bridge?
A phishing attack on crypto firm Transak led to a data breach affecting 92,000 users, with sensitive personal data exposed.
Bitwise chief investment officer Matt Hougan is projecting that stablecoins assets under management (AUM) will exceed a valuation of $1 trillion within the next two years. He said this in reaction to Stripe's $1.1 billion acquisition of the Bridge stablecoin platform.
Analysts argue stablecoins provide investment opportunities via public companies, as a money market alternative and network value accrual.
The cryptocurrency industry is ramping up its political influence with a $160 million spending spree through various super PACs, aimed at bolstering pro-crypto candidates in the U.S. House and Senate. This bipartisan effort is expected to significantly increase the number of lawmakers in Congress who support the industry's goals, regardless of the outcome of the 2024 presidential election.
Ever since meme coins experienced a period of domination in the cryptocurrency market during spring, 2024 has been seen as the year of these volatile, joke-based assets.
The company's infrastructure has handled over 10,000 on-chain transactions, even for big names within the crypto space. Some of its popular clients include Aave, ENS, MakerDAO, and Uniswap.
This means that current users of Pump.fun will receive free tokens just for being part of the community. The co-founder mentioned that this airdrop could be “a lot more lucrative than anyone else in the space”.
Crypto analyst Miles Deutscher, boasting 550,000 followers on X, has released a new video titled “My Plan To Make Millions In Crypto By March 2025! [Fool Proof Strategy].