TL;DR SEC Withdraws Lawsuit: The U.S. SEC has dropped its lawsuit against Kraken, dismissing it with prejudice, meaning no penalties or operational changes for Kraken. Yuga Labs Cleared: The SEC has concluded its investigation into Yuga Labs, deciding not to pursue any enforcement measures, marking a significant win for the NFT industry.
President Donald Trump is gearing up for a high-profile White House Crypto Summit this Friday, aiming to position the US as a global leader in digital assets. With major tax reforms and government-backed crypto initiatives on the table, this could be a turning point for the industry. But not everyone is convinced.
Bybit CEO Ben Zhou said 83% of stolen funds were converted to Bitcoin and spread across 7,000 wallets, with 20% untraceable and 3% frozen.
Coinbase CLO Paul Grewal revealed that the company has submitted a FOIA request to gain a complete understanding of the costs and the individuals involved in the SEC's actions against crypto, focusing on its Crypto Assets and Cyber Unit.
The first week of March has seen significant market volatility. Unexpected news from President Trump, including plans to include altcoins in US crypto reserves and new tax policies, has influenced capital flows.
The crypto market took a massive rollercoaster ride on Monday, March 3. Just 24 hours after US President Donald Trump's bullish announcement of building a crypto reserve sent the market soaring by $350 billion, things reversed dramatically.
Bitcoin surged to a high of nearly $95,000 following President Donald Trump's announcement of a crypto strategic reserve during the weekend. However, the gains quickly evaporated as escalating trade tensions between the US and key partners, including China, Canada, and Mexico, triggered a sharp market downturn.
TL;DR Trade War Turmoil: Escalating tensions between the US and China spurred crypto market panic, leading to nearly $1B in liquidations within just 24 hours. Major Cryptos Hit Hard: Bitcoin fell by 9%, and Ethereum dropped over 11%, severely impacting leveraged positions and triggering widespread losses.
Investors are constantly looking for the best cryptos to buy now. With the potential for substantial returns, identifying promising projects early can be a game-changer. Among the myriad of options, three standout cryptocurrencies—Arctic Pablo Coin, Toshi, and Ponke—are capturing the attention of savvy investors.
As the Trump administration tightens customs controls, cryptocurrencies tremble. Between fleeting euphoria and brutal economic reality, the market reveals its vulnerability to geopolitical shocks.
Will the SEC's Crypto Task Force bring real clarity—or just more confusion?
French crypto trading firm Flowdesk has raised $102 million in a mix of equity and debt financing to expand its market-making and liquidity services. The post France-Based Flowdesk Secures $102M to Expand Crypto Market-Making Services appeared first on Cryptonews.
President Trump's plan for a strategic crypto reserve consisting of multiple digital currencies was met with a hefty dose of criticism from many of his supporters.
Prime Minister Phạm Minh Chính has charged the Ministry of Finance and the State Bank of Vietnam with finalizing crypto regulations.
PayPal-backed Mintoak acquires Digiledge for $3.5M, marking India's first CBDC-related deal, aiming to enhance digital payment solutions for SMEs and expand its role in the e-rupee ecosystem. The post PayPal-Backed Mintoak Acquires CBDC Startup Digiledge in $3.5M Deal appeared first on Cryptonews.
As the crypto market faces a sharp downturn, investors are eyeing the best crypto coins to buy during the dip and hold for long-term profits. Historically, market dips have presented lucrative buying opportunities, especially with speculation that President Trump could push for zero capital gains tax on cryptocurrencies.
The Bank of Israel has released a preliminary design for the digital shekel, detailing its ecosystem, technical framework and regulatory considerations.
Binance will list GoPlus Security (GPS) with HODLer Airdrops, while market activity shows strong interest and rising GPS trading volume.
The cryptocurrency market is facing selling pressure, with nearly $1 billion in liquidations across various assets in the past 24 hours, per Coinglass data. The stock market also saw a similar decline, with legendary trader Peter Brandt weighing in on the current market situation.
Cryptocurrency market lost $500 billion in value after Trump announced new trade tariffs on Canada, Mexico, and China, with Bitcoin dropping to $83,700 and causing $1 billion in trading liquidations.
Onyx Protocol has launched a Layer 1 blockchain, powered by XCN token, to drive institutional blockchain adoption for transaction processing.
Analysts have warned that the crypto market could face increased volatility ahead as key macroeconomic developments are driving a risk-off sentiment among investors.
SBI VC Trade has become the first firm in Japan to receive regulatory approval to handle stablecoins. The exchange plans to start processing USDC transactions on March 12.
Trump's announcement of a multi-token US Crypto Strategic Reserve sparked debate between Bitcoin maximalists and diverse token supporters, with major exchange leaders advocating for a Bitcoin-focused approach while some blockchain founders defended the inclusion of alternative cryptocurrencies.
Economist Neil Record has criticized the UK's digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil Record has described the United Kingdom's digital pound initiative as an “ill-fated venture” due to a lack of customer demand.
The cryptocurrency market is home to volatility and uncertainty. Various macroeconomic events, whales' involvement, or promotions could change everything.
The cryptocurrency industry is going through a difficult period, driven by Donald Trump's tariffs, which have led to billions in liquidations. The total market cap of all cryptocurrencies has dropped by over 10% in the past 24 hours to over $2.85 trillion.
The U.S. SEC has agreed in principle to dismiss its lawsuit against Kraken with prejudice. This means the case is permanently closed.
Since the day when US President Donald Trump confirmed the plan to establish a cryptocurrency reserve, numerous rumours on how the composition of the preprosed reserve would be have been released. Many believe that apart from Bitcoin, the US crypto reserve would include several prominent altcoins, including XRP, Solana, Ethereum and Cardano.
Kraken has successfully defended itself against a lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
Europe is the place to be – not because of picturesque Amalfi coast or the Alps but because European stocks outperform their US counterparts. STOXX Europe 600, an index measuring the performance of 600 equities across 17 European countries, grew 3.3% in February, while the US S&P 500 dipped 1.4%.
DUBAI, UAE, 4 March 2025, – Binance, the global blockchain ecosystem trusted by over 260 million users worldwide, is thrilled to announce the launch of Binance Traders Boot Camp today. Binance Traders Boot Camp is a multi-week trading event with a range of trading tasks to help beginner and intermediate users learn and build trading confidence and skills, earn rewards, and compete for exciting prizes from a $1 million reward pool.
Crypto market liquidations hit $1.09 billion in the last 24 hours. Market capitalization is down by more than 10% as major cryptocurrencies bleed.
Economist and crypto critic Peter Schiff has called for a Congressional investigation into President Donald Trump.
SEC launches public roundtables and names industry veterans to 14-member Crypto Task Force to develop new regulatory framework for digital assets.
Stock market and cryptos crash as Trump's trade war intersifies.
Bitcoin critic Peter Schiff is calling for a Congressional investigation into U.S. President Donald Trump's two Truth Social posts, which he claims were part of a “pump and dump scheme.” Pump and Dump Scheme Economist Peter Schiff has called for a Congressional investigation into U.S.
With Bitcoin experienced a 9% drop following Donald Trump's recent push for a national crypto reserve, which initially focused on XRP, Solana (SOL), and Cardano (ADA) has sparked debates about the future of crypto assets in the U.S.
North Korean hackers stole and laundered $1.4 billion in cryptocurrency from Bybit exchange, with 20% becoming untraceable while recovery efforts continue.
North Korean hackers stole and laundered $1.4 billion in cryptocurrency from Bybit exchange, with 20% becoming untraceable while recovery efforts continue.
Uphold, the U.S.-based cryptocurrency exchange, has made two significant announcements in the evolving crypto landscape of the United States. On Monday, it relaunched its staking services for 19 digital assets in the U.S., aligning with the SEC's new crypto task force, which is fostering a more pro-crypto regulatory environment in the country.
Futures open interest in key cryptocurrencies has fallen sharply, indicating traders are reducing positions amid macroeconomic uncertainty.
Binance, the largest crypto exchange by trading volume, has announced plans to integrate GPS tokens from GoPlus Security, a company offering decentralized, user-driven security services for Web3.
The crypto market is back on the decline only a day after it received a much-needed boost from Trump's crypto reserve announcement. Here's why crypto is down today.
The ongoing trade war between the U.S. and China is once again shaking global markets, and cryptocurrencies are feeling the heat. With both nations imposing fresh tariffs, investors are pulling back from riskier assets, leading to a sharp decline in major cryptocurrencies like Bitcoin, Ethereum, Cardano, and Solana.
Bybit's CEO says more than $200 million of the $1.46 billion stolen from the exchange has become untraceable due to mixing services.
Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
Yuga Labs announced that the SEC has concluded its investigation with no penalties. The SEC opened the investigation in October 2022.