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news-imageJanuary 13, 2025

FTX to start distributing $1.2B to creditors after Trump inauguration

The industry continues to deal with the collapse of Sam Bankman-Fried's FTX exchange. Hopefully, the long wait for FTX's former crypto exchange users will soon come to an end.
Publisher: Cryptopolitan
Sentiment: Positive
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cover-imageBlockonomi
January 14, 2025

Binance.US CEO Details Recovery Path After Regulatory Challenges

Binance.US CEO Norman Reed details the company's recovery plans and impacts of SEC actions, including customer losses and banking relationship disruptions, while announcing the upcoming restoration of USD services.

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Positive
cover-imageCryptoSlate
January 14, 2025

Soneium blockchain launches as Sony dives deeper into NFT and crypto space

Sony has officially launched the mainnet of Soneium, its Ethereum layer-2 blockchain, according to a Jan. 14 statement shared with CryptoSlate. Soneium leverages the OP Stack infrastructure developed by the Optimism Foundation and prioritizes streamlined blockchain experiences.

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Positive
cover-imageInvezz
January 14, 2025

Why crypto hit 300M users faster than mobile and internet

According to a BlackRock report, crypto adoption has surpassed the growth pace of both mobile phones and the internet. While mobile phones took 21 years and the internet 15 years to reach 300 million users, cryptocurrencies achieved this milestone in just 12 years.

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cover-imageBenzinga
January 14, 2025

Coinbase Wins Partial Victory In SEC Regulatory Challenge, Court Calls Agency's Stance 'Arbitrary'

Cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN) secured a partial victory against the Securities and Exchange Commission when a federal appeals court ruled the agency's denial of crypto rulemaking was “arbitrary and capricious,” while stopping short of forcing new regulations. What Happened: In a Monday opinion, the U.S. Court of Appeals for the Third Circuit criticized the SEC's handling of Coinbase's 2022 petition requesting clear rules for digital assets.

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cover-imageCointribune
January 14, 2025

Crypto Market Braces for $3 Billion Release

This week is set to be eventful in the crypto market with a historic token unlock estimated at $3 billion, the largest since November 2023. At the heart of this event, Ondo Finance is preparing to release 1.94 billion ONDO tokens on January 18, representing over 130% of its current circulating supply.

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Positive
cover-imageCryptonews
January 14, 2025

Sygnum Crypto Bank Raises $58M, Achieves Unicorn Status with $1B Valuation

Sygnum has secured $58 million in an oversubscribed strategic growth funding round, propelling its valuation past the $1 billion mark and earning it the prestigious Unicorn status. The post Sygnum Crypto Bank Raises $58M, Achieves Unicorn Status with $1B Valuation appeared first on Cryptonews.

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cover-imageCoingape
January 14, 2025

Sony's Layer-2 Blockchain Soneium Goes Live With Two Key Projects

Japanese tech giant Sony announced the mainnet launch of its layer-2 blockchain Soneium along with two exciting projects. As Sony steps into the world of blockchain, it seeks to empower fans and creators alike, allowing communities to connect globally while protecting their rights.

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cover-imageCryptopolitan
January 14, 2025

Cryptocurrency market stumbles amid fed rate concerns

Bitcoin and the rest of the cryptocurrency market had a rough start to the year as fears rose that the federal reserve might be nearing its last interest rate cut. According to Bloomberg's report, on Monday, Bitcoin briefly dipped below $90,000.

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Positive
cover-imageBitcoin
January 14, 2025

Crypto Industry Cheers as Court Rebukes SEC in Coinbase Case

A federal court has forced the SEC to explain its denial of Coinbase's rulemaking petition, marking a pivotal moment in cryptocurrency regulation battles. Court Forces SEC to Justify Actions in Coinbase Crypto Clash A significant legal milestone has been reached in the ongoing conflict between Coinbase and the U.S. Securities and Exchange Commission (SEC).

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cover-imageCryptopolitan
January 14, 2025

Sony launches its blockchain platform Soneium

Sony has just launched Soneium, an Ethereum Layer 2 platform, after drawing in more than 14 million users over a 4-month long testing period. The platform has processed 47 million transactions so far, according to data by Blockscout.

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cover-imageTheNewsCrypto
January 14, 2025

OpenSea Data Breach Exposes 7 Million Email Addresses

Over seven million email addresses from OpenSea users were leaked, putting millions at risk of fraud and phishing attacks. The leaked data includes emails of well known people and companies in the crypto market, making them prime targets for scammers.

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Positive
cover-imageCoinPedia
January 14, 2025

Big Defeat for the SEC's Gensler: Coinbase Secures Partial Win

In a major legal development, the U.S. Securities and Exchange Commission (SEC), led by Gary Gensler, has suffered a setback in its ongoing battle with Coinbase. This marks another loss for the SEC, following a string of defeats in recent crypto-related cases.

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cover-imageBitcoin
January 14, 2025

SEC Chair's Dire Crypto Warning: Thousands Are Doomed to Fail

SEC Chair Gary Gensler has warned of widespread crypto failures, labeling the industry as speculative, sentiment-driven, and lacking the fundamental stability needed to survive. Gary Gensler's Chilling Crypto Forecast: A Ticking Time Bomb of Failures Gary Gensler, the departing chair of the U.S.

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