Exactly two years after filing for bankruptcy, the now-defunct crypto exchange FTX has filed a suit against Binance and its founder Changpeng Zhao, aiming to recoup nearly $1.8 billion from the world's largest cryptocurrency exchange, which it claims was fraudulently transferred during a share repurchase deal.
Rachel Conlan's career journey has been anything but conventional. With over two decades of experience spanning marketing, media, and entertainment, Conlan now serves as the Chief Marketing Officer of Binance, one of the world's leading cryptocurrency exchanges.
Coinbase has unveiled its crypto benchmark, the Coinbase 50 Index (COIN50), which will track the aggregated performance of the top 50 cryptocurrencies by market capitalization. The index's rationale is to provide a comprehensive view of the crypto market by distilling thousands of digital tokens to a select 50 based on fundamental standards and market size.
The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement.
Trump is reportedly considering several key officials to help with crypto regulation and ease rules, in support of the sector.
Bitcoin's (BTC) dominance is close to its peak after the halving event, signalling that altcoin season is upon us. The crypto market has witnessed a spectacular run since the US election, which resulted in a Trump win.
The $10 million in fresh financing adds to the total $31.88 million Animoca raised previously to build out the consumer network.
XRP's attorney, James Murphy, also known on Twitter as MetaLawMan, stated that he believes after the winning of the presidency by Donald Trump this year, SEC Chair Gary Gensler will resign. He cited a trend in history: when Trump won in 2016, Mary Jo White, then-SEC chair at the time, resigned, and upon Biden's victory
When Donald Trump clinched victory in the U.S. presidential election, the world of cryptocurrency lit up significantly. Apart from Elon Musk, one of the biggest winners of the night was Binance founder Changpeng Zhao, better known as CZ.
Klippsten warns that relaxed regulations under Trump could trigger a chaotic altcoin surge, drawing liquidity away from Bitcoin.
President-elect Trump is in the process of making nominations to fill out his Cabinet, and betting markets have identified a clear front-runner for the Treasury secretary role.
Derivative products tied to the new index will not be available to users in the United States, United Kingdom, or Canada.
Binance Chain has secured a $10 million investment in cloud service credits from Google Cloud to bolster the development of projects within its Most Valuable Builder (MVB) Program. This collaboration will accelerate the progress of over 40 projects by providing resources necessary for growth in key technology areas like artificial intelligence (AI) and cloud computing.
Coinbase has unveiled the Coinbase 50 Index (COIN50), a benchmark representing the top 50 digital assets listed on the exchange. The post Coinbase Launches S&P 500 for Crypto: the COIN50 Index appeared first on Cryptonews.
Robinhood (NASDAQ:HOOD) CEO Vlad Tenev on Tuesday emphasized that operating a cryptocurrency business is significantly more cost-effective than running traditional financial services, providing a substantial advantage that he described as “undeniable.” What Happened: "It costs us roughly an order of magnitude less to operate a cryptocurrency business and offer the exchange of assets than it does on the TradFi side,” Tenev said in an interview with CNBC, highlighting the operational efficiencies that crypto brings compared to traditional finance.
American households considered "underbanked" -- or who rely on services like check cashing and payday loans to meet their financial needs -- are more likely to hold cryptocurrencies than households with better access to the traditional banking system, according to a government report released Tuesday.
DeFi Llama is the latest victim of a spoofing link. The data service warns against using top links from Google, as malicious activity has been noticed.
Donald Trump gained a historic win in the 2024 US Elections on November 6, but it might become more historic for the crypto industry as the investors are excited to see Trump's pro-crypto promises turn into reality. Since the beginning of the year, Trump has embraced crypto and promised to implement the much-needed crypto regulation.
Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system.
Publicly traded company Coinbase has launched an equivalent of the crypto market's S&P 500 Index. Dubbed Coinbase 50 (COIN50) Index, this new product represents the top 50 digital assets listed on its exchange that meet the index's fundamental criteria for inclusion.
Animoca Brands leads OKX Ventures, Kingsway Capital and other participants to raise additional funding for Mocaverse.
Uniswap Labs' Unichain project faces criticism for abruptly disabling public RPC access after a security leak.
TL;DR Coinbase launches the Coinbase 50 Index (COIN50), an index to track the performance of major cryptocurrencies. The index is comprised of the top 50 digital assets and is based on a rigorous and reliable methodology. Eligible users can trade COIN50 via perpetual futures on Coinbase Advanced and Coinbase International Exchange.
Bitcoin's surge to record highs has increased crypto billionaire fortunes by about $70 billion since late 2022, with Binance's Changpeng Zhao leading the gains.
The crypto market has surged to a staggering $3.1 trillion, nearly matching France's GDP. On November 12, Bitcoin led the charge, jumping nearly 25% in one week.
The music industry is facing a widespread issue of unpaid royalties, with millions of dollars lost due to outdated and inaccurate metadata systems.
Kraken is set to launch ATH, the native token issued by Aethir, alongside the viral meme coin Apu Apustaja. Both ATH and APU will be available for trading on Nov. 12.
After a massive bullish attack, the crypto markets are consolidating, losing over $170 million in just a few hours. The markets began to rise following Donald Trump elected to be the new president as he backed Bitcoin and the crypto space.
BetHog, a new crypto-based casino and sportsbook founded by FanDuel co-founders, has launched with $6 million in seed funding to offer innovative games and expand its global reach.
Sam Altman, the CEO of OpenAI, expressed his enthusiasm about crypto's future. He disclosed his pride in the Worldcoin team, especially co-founder Alex Blania.
CoinShares has launched the "CoinShares Crypto Puppies" campaign in Sweden to enhance crypto engagement, aiming to improve adoption rates among Swedish investors, who currently lag behind the European average in cryptocurrency participation. The post CoinShares Launches “Crypto Puppies” Education Campaign in Sweden appeared first on Cryptonews.
French blockchain analytics firm Kaiko has acquired crypto index provider Vinter, aiming to expand its presence in the European exchange-traded product market.
The team behind the Telegram game Tomarket has reversed bans for a significant number of players previously accused of cheating during airdrop allocations.
Trump's victory presents a unique opportunity to reshape regulation and ensure no future SEC Chair can hamstring the industry again. Expect pushback.
Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S.
As Scott Bessent and John Paulson emerge as leading candidates for US Treasury Secretary, the community is curious about their stance on crypto.
In an unfortunate situation, a crypto user faced investors' scariest dreams. He lost $25M worth of crypto while transferring from one wallet to the other.
The crypto lobby has made its mark on the US presidential elections.
In 2024, the NFT market faced an unexpected downturn, revealing challenging patterns as the once-booming sector struggled to maintain its momentum.
In what feels like an eternity, the global crypto market cap has once again reclaimed the $3 trillion level after achieving such a feat last in 2021. Notably, the digital asset industry mirrors immense bullishness post-U.S. elections this year that saw Donald Trump resume the presidency.
Bessent's potential appointment could significantly shift US economic policy towards embracing digital assets, impacting global crypto dynamics. The post Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary appeared first on Crypto Briefing.
Eidon incentivizes users to offer up data that will train AI models, with the ultimate goal of creating a decentralized AI network.
Coinbase has just launched COIN50, an index that replicates the performance of the top 50 digital assets by market capitalization.
Hong Kong-based Animoca Brands has raised an additional $10 million to accelerate the development of its web3 platform Mocaverse.
On November 11, 2024, Bitcoin skyrocketed above the unprecedented level of $88,000, reflecting investor optimism following President-elect Donald Trump's victory.
Bitcoin (BTC) reached an all-time high (ATH) of $90,030 on November 12, pulling other cryptocurrencies into a bull market. According to an analyst, data suggests this could be “the biggest crypto bull run ever,” with a robust market setup.
Choosing a reliable crypto wallet is crucial for securely managing digital assets in today's developing market trends. Wallets like MetaMask, SafePal, Enjin, and Plus Wallet each offer unique strengths. They address different user priorities such as security, ease of use, and compatibility with DeFi and NFTs.
Paris-based blockchain analytics company Kaiko has acquired Swedish crypto index provider Vinter for an undisclosed amount. The post Blockchain Analytics Firm Kaiko Acquires European Crypto Index Provider Vinter appeared first on Cryptonews.