A US law firm has urged those allegedly harmed by Pump.fun to step forward and support a potential legal case aimed at securing restitution.
The U.S. Securities and Exchange Commission (SEC) is set for a significant shift in cryptocurrency policy as President-elect Donald Trump appoints new leadership to the agency. On January 15, Reuters cited three sources familiar with the matter, reporting that senior Republican officials at the SEC may begin a comprehensive revamp of crypto regulations once Trump assumes office next week.
Crypto trading volume on centralized exchanges hit a new record in December, the same month Bitcoin breached $100,000 and clocked a new all-time high.
The bill includes military bases, camps, hospitals, clinics, and arsenals, and restricts crypto mining within a 30-mile radius of them.
Dubai developer DMCC is planning a 17-story Crypto Tower in Dubai, while a Bitcoin hotel in Tokyo is set to open its doors later this year.
The financial industry is experiencing a transformative moment as it navigates the intersection between traditional financial systems and emerging blockchain technology.
Senator Tim Scott of South Carolina assumed the chairmanship of the Senate Banking Committee. The Committee's actions will be closely monitored by stakeholders in the crypto industry.
A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation.
2024 saw nearly $41 billion worth of illicit crypto volume, but that could climb to around $51 billion as more criminal-tied addresses are found, Chainalysis says.
VanEck's new fund seeks to invest 80% in blockchain firms and instruments through a Cayman Islands subsidiary.
The total liquidations between Jan. 14 and Jan. 15 reached $201.87 million, with a skewed distribution favoring short positions. Data from CoinGlass showed that 74,152 traders were liquidated during this period, showing that yesterday's price spike caught many traders off guard.
HDR Global Trading, BitMEX's parent company, faces a $100M penalty for BSA violations, while its founders previously settled separate charges for $10M each.
Only 0.4% of the 14 million crypto wallets that have interacted with Pump.fun have made a profit of over $10,000 — indicating that Burwick's client base may be in the millions.
Pump.fun is facing a lawsuit from Burwick Law, which is acting on behalf of investors who lost “significant amounts of money” on the platform. The law firm has invited Pump.fun users to file an intake form and join the legal battle.
TradFi is moving on-chain, with platforms like Clearpool's Ozean embracing tokenization amid institutional adoption.
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on asset management firm Bitwise's proposed crypto index exchange-traded fund (ETF) to March of this year.
Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures.
As President-elect Donald Trump prepares to take office, the U.S. Securities and Exchange Commission (SEC) signals a shift in cryptocurrency regulation. Republican commissioners Hester Peirce and Mark Uyeda are expected to lead efforts in reassessing policies, potentially easing previous enforcement actions. The post U.S. SEC to Review Cryptocurrency Cases After Trump Takes Office: Reuters appeared first on Cryptonews.
The US Department of Justice announced on Jan. 15 that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violating the Bank Secrecy Act (BSA). The firms pleaded guilty to the violations in July 2024 after a lengthy legal process.
Emmer aims to guide U.S. digital assets with American values, pushing for regulations that support innovation and consumer protection.
Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.
Senate Banking Chair Tim Scott outlines crypto regulation and consumer protection as key priorities in his 2025 agenda. The post US Senate Banking Chair Tim Scott to prioritize crypto regulation in new agenda appeared first on Crypto Briefing.
Vitalik Buterin showcased Soneium as a bull case for business usage of L2. Despite being able to blacklist tokens, Soneium remains transparent and the community can choose their approach to the new chain.
Cannes Mayor David Lisnard has unveiled plans to train local merchants on accepting cryptocurrency payments as the city prepares to host the Ethereum Community Conference later this year.
The Texas Blockchain Council is optimistic about Trump's comeback — but miners may face new difficulties in Texas.
Financial services titan Franklin Templeton is predicting artificial intelligence (AI) agents and the cryptocurrency ecosystem will continue to merge through ongoing innovation. The asset management firm says the development of AI agents, which are capable of performing tasks autonomously, is showing a high potential for crypto uses.
The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to adequately police money laundering, the U.S. Department of Justice said on Wednesday.
As spot Bitcoin exchange-traded funds (ETFs) mark their first anniversary and Ethereum ETFs reach the six-month milestone, the cryptocurrency market is gearing up for a potential wave of new offerings. With pro-crypto Donald Trump set to assume the presidency, market participants anticipate a friendlier regulatory environment that could pave the way for additional cryptocurrency ETFs.
According to the filing, the fund will invest 80% or more of its assets in digital transformation companies and digital asset instruments.
CryptoPunks floor price hits 40.39 ETH, driven by rumors, despite Yuga Labs' CEO denying any plans for an IP sale.
As reported by FOX News' Eleanor Terret, Senator Tim Scott has outlined his priorities for the 119th Congress, which include developing a regulatory framework for digital assets. The newly appointed chairman of the Senate Banking Committee said Congress will provide an “open-minded” environment for innovative financial technologies.
The overseas exchange previously pled guilty to these crimes in July 2024 and agreed to pay a $110 million penalty at the time.
Burwick Law takes action against Pump.fun meme coins, representing investors facing losses, as the platform generates millions in fees. The post Burwick law takes legal action against Pump.fun meme coins on behalf of investors appeared first on Crypto Briefing.
Blockchain data analysis firm Chainalysis has acquired Alterya, a fraud detection solution powered by artificial intelligence (AI). The AI solution has worked with top crypto and fintech firms like Coinbase, Binance and Block and monitors more than $8 billion worth of fiat and crypto transactions a month, according to a new press release from Chainalysis.
Bitmex has been ordered to pay a $100 million fine after a protracted legal battle stemming from violations of U.S. money-laundering regulations. Bitmex Hit with Additional $100 Million Fine Over Bank Secrecy Act Breach In July 2024, HDR Global Trading Limited, the operator behind the Bitmex exchange, admitted guilt in contravening the U.S.
President-elect Donald Trump's new pick for Chair of the U.S. Securities and Exchange Commission (SEC) is reportedly expected to start his tenure by revamping the agency's crypto policies.
Dubai has announced plans to construct a 17-story Crypto Tower, aiming to support the fast-growing blockchain and Web3 sectors.
Federal judge John G. Koeltl has directed BitMEX to pay a $100 million fine, representing the latest development in an ongoing legal dispute regarding money laundering infractions in the US.
The next few weeks are shaping up to be a whirlwind as Trump returns to Washington D.C. with plans to issue executive orders and much more.
Crypto exchange BitMEX has been ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX's parent company, to pay the penalty along with a two-year unsupervised probation sentence.
Reports just in show that BitMEX has been hit with a $100 million fine. On Wednesday, Manhattan federal judge John G.
As President-elect Donald Trump prepares to take office, the US Securities and Exchange Commission (SEC) is preparing to initiate changes that could halt enforcement actions against crypto firms, Reuters reported, citing individuals familiar with the matter.
VanEck's ETF proposal could accelerate mainstream adoption of digital assets, influencing financial markets and regulatory landscapes. The post VanEck files for new ETF investing heavily in crypto ETPs and digital transformation firms appeared first on Crypto Briefing.
Freename, a multi-chain web3 namespace platform, has announced the launch of .etherlink, a new top-level domain. The launch follows the ICANN-accredited registrar's integration with the layer-2 blockchain Etherlink, Freename said in a press release shared with crypto.news on Jan.
United States District Judge John G. Koeltl has ordered BitMEX Derivatives Exchange to pay the sum of $100 million for its violation of the Bank Secrecy Act (BSA) in the country.
Crypto theft grew in 2024 with stablecoins ranking as the most commonly featured asset.
BitMEX was ordered to pay a $100 million fine Wednesday following a years-long legal battle over money-laundering violations in the U.S.