As one of the dominant forces shaping the transition towards decentralised finance (DeFi), Consensys has previously come under close scrutiny by the United States' top regulator. The SEC, known for its strict regulatory oversight of financial markets and institutions, had previously initiated a lawsuit against the Ethereum-based software technology company.

The overall crypto market cap has gone down more than 8% as major tokens plummet, having yet to recover from the recent market crash. According to data from crypto.

OKX accepted responsibility for these deficiencies and expressed regret for failing to uphold its commitment to combating monetary crimes while also ensuring transparency within its operations. The $50.5 million penalty imposed by the DOJ signifies one of the largest settlements within the realm of crypto exchanges.

The Securities and Exchange Commission (SEC) has dropped its civil enforcement case against Coinbase Inc. and Coinbase Global Inc.

Memecoins may not be subject to United States securities laws, according to a recent statement from the Securities and Exchange Commission. On Feb.

Bybit, the worlds second-largest cryptocurrency exchange by trading volume, has made significant strides in recovering assets and rebuilding trust following a recent security incident. The platform has swiftly implemented recovery measures and enhanced security protocols to protect its global user base.

Several U.S. states are racing to invest public funds in cryptocurrencies before the federal government establishes a strategic digital assets reserve. However, efforts in Pennsylvania, Wyoming, Montana, South Dakota, and North Dakota have failed, while Utah is close to passing a bill allowing crypto investment for up to 5% of certain public funds.

BitMEX, the cryptocurrency exchange and derivatives trading platform co-founded by Arthur Hayes in 2014, is reportedly looking for a buyer. Sources say the exchange appointed Broadhaven Capital Partners last year to oversee the sales process.

Coinbase has secured a major victory as the U.S. Securities and Exchange Commission (SEC) officially dismissed its lawsuit against the crypto exchange. The move, following a formal vote by SEC commissioners, prevents the regulator from reopening the case later.

A group of leading blockchain and crypto firms has formed the Open Agents Alliance (OAA) to deliver decentralized artificial intelligence (AI) services using shared infrastructure. The alliance includes NEAR AI, the AI and payments divisions of Coinbase, and various blockchain and AI projects.

The SECs Division of Corporation Finance has clarified that most meme coins do not qualify as securities under federal law. Meme coins, inspired by internet trends, characters, and social movements, are primarily traded for entertainment and speculative purposes rather than as investments in a business.

Brazil's central bank suspends public proposals, citing unresolved privacy and redundancy concerns.

Artificial Intelligence is changing at a breakneck speed, and a new AI tool that has been gaining a lot of attention lately is DeepSeek. The recognition was so significant that DeepSeek even caused a massive drop in Nvidia's stock price because it was able to make a great functioning AI tool without relying on overly expensive chips.

The US Securities and Exchange Commission (SEC) has dropped its case against Consensys, the company behind the widely used MetaMask wallet, marking a significant shift in regulatory actions against the crypto sector.

The SEC clarified that meme coins are not securities under US law, but warned that fraudulent tokens could still face enforcement from other agencies.

The intersection of politics and cryptocurrency is once again under scrutiny as House Democrats, led by Congressman Sam Liccardo (D-CA), introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act.

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump's election win triggered a wave of excitement across the industry.

On February 27, U.S. Democratic Congressman Sam Liccardo introduced a bill aimed at preventing government officials and their families from profiting off cryptocurrencies, including memecoins.

Will Trump's administration reshape crypto regulations and ease restrictions on decentralized finance?

The mainstream adoption of decentralized finance (DeFi) in emerging markets like India is being stymied by a fragmented user experience, according to Rohit Jain, CEO of Okto wallet. Speaking in an interview with Benzinga, Jain identified the complexity of Web3 interactions as a primary barrier, alongside the need for regulatory clarity, as key challenges preventing DeFi from reaching a broader audience.

SEC's pro-crypto governance starts taking action on crypto, but this time, it's for GOOD. The US SEC has made it clear that meme coins, like TRUMP and other popular tokens, are not considered securities or investments that need to follow strict financial rules.

The US SEC stated that meme coins do not come under 'securities' and are more like a 'collectible,' given its high speculative nature. The post Meme Coins Aren't Securities, More Like Collectibles: US SEC Confirms appeared first on Cryptonews.

New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto ATM Fraud Prevention Act (S.

Two crypto reserve bills have passed their third reading in Arizona's Senate and will head to the state's House of Representatives.

In a huge move for the crypto world, the SEC has officially dropped its cases against Coinbase, Robinhood and Uniswap among others. But that's not all. The SEC has now dropped its case against Consensys, the company behind the popular MetaMask wallet. This is a big win for Ethereum and the crypto community.

FBI investigation into Bybit hack reveals Lazarus Group's sophisticated cyber tactics, including TraderTraitor malware for unauthorized network access.

Chris Burniske, co-founder of Placeholder, a New York venture firm that specializes in crypto assets, recently shared his thoughts on the current state of cryptocurrency. He believes that crypto has moved past its early days of big dreams and is now entering a new phase focused on real-world applications and scaling up.

Crypto derivatives platform BitMEX is reportedly looking for a buyer, signaling a potential shake-up in the digital asset trading industry. The exchange, once a dominant player in the crypto derivatives market, has enlisted Broadhaven Capital Partners, an investment banking firm, to facilitate a sale, according to a CoinDesk report.

According to a recent report by Dawn, Pakistan is set to establish a National Crypto Council to oversee digital asset regulation in the country. This decision marks a significant policy shift as Pakistan moves toward embracing cryptocurrencies, a stance that contrasts with its previous resistance.

The FBI urged immediate action to block transactions tied to North Korea's $1.5 billion crypto heist, warning the hackers are swiftly laundering funds to evade recovery. FBI Urges Public and Private Sectors to Cut Off North Korea's Stolen $1.

The SEC has agreed in principle to dismiss Consensys lawsuit, which initially came with allegations of unregistered transactions through MetaMask.

The stock prices of Upbit, the South Korean market-leading crypto exchange, are continuing to slump, but experts have claimed the platform could soon make a strong recovery. The post Upbit Stock Prices in Freefall Amid Probe Chaos – But Experts Predict a Strong Recovery appeared first on Cryptonews.

Founders Fund partner Joey Krug claims the Biden-era SEC told crypto founders that settled with them that they could no longer work in the industry.

The United States Securities and Exchange Commission (SEC) has clarified that meme coins do not fall under federal securities laws. The agency stated that these digital assets are more like collectibles and are not subject to the regulations that apply to traditional financial instruments.

Part of their new roadmap includes adding features that make the wallet experience easier for users.

Trump's tariff threat triggers market panic as Bitcoin and Ethereum lead the latest crypto crash.

As part of a social engineering campaign, hackers are reportedly sending fake job offers to job seekers in the web3 space with malicious intentions. A dubious meeting app called ‘GrassCall' was recently used to spread malware that drains the user's crypto wallets.

In an annual letter published on Thursday, Stripe believes stablecoins are one of the most innovative areas of the “internet economy.”

The SEC posted new guidelines today, claiming that meme coins are no longer bound by securities regulations. The Commission will be stopping enforcement, but other agencies may pick up the slack.

Dubai, United Arab Emirates, 28th February 2025, Chainwire

The US Securities and Exchange Commission's (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector of the crypto market often fueled by speculation and internet culture. In a Feb.

By representing real-world assets as digital tokens on a blockchain, we can begin to generate the kind of daily, market-derived data that has traditionally been reserved for a narrow set of assets, says EY's Paul Brody.

Scammers use fake job listings to trick victims into downloading GrassCall, an app that steals crypto wallet information. The group runs the scam, using fake websites and LinkedIn profiles to make the offers seem legitimate.

House Democrats have introduced a bill to bar senior officials and their families from creating or endorsing Meme Coins. The move follows controversy over political figures profiting from digital tokens, sparking debates on ethics, financial transparency, and the regulatory future of cryptocurrency. The post House Democrats Propose Bill Banning Political Meme Coins appeared first on Cryptonews.

Scammers are taking advantage of the recent Bybit hack to target Binance users. They are sending fake SMS messages that appear to come from Binance, tricking people into thinking their accounts are at risk.

The South Korean prosecution service has officially launched a specialized crypto crime investigation unit to fight crypto scams and coin fraud. The post South Korean Prosecution Crypto Crime Unit Officially Launches appeared first on Cryptonews.

The Securities and Exchange Commission has confirmed memecoins don't fall under securities laws and don't have to be registered with the regulator.