The United States Department of Justice (DOJ) has recovered $7 million from a global investment scam. According to the authorities, the fraud proceeds were recovered using civil asset forfeiture, with the DOJ announcing plans to return the funds to their rightful owners.
TL;DR Token buybacks have become an increasingly popular strategy in the crypto ecosystem, similar to stock buybacks in traditional financial markets. Projects like Aave and dYdX have implemented buyback programs aimed at reducing the circulating supply and increasing its value.
Tokenized money market funds has grown sixfold in a year to 4.8 billion, currently led by BlackRock's product
Chip-making giant Nvidia's (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia's price.
A study by Atmos ranks the UAE as the world's most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world's most crypto-obsessed country, with a score of 98.4.
According to anonymous sources, Coinbase intends to buy Dubai-based derivatives platform Deribit. This has prompted Coinbase to discuss the possible takeover with regulators.
The crypto market's heating up again, with big names like Bitcoin and Ethereum grabbing headlines. But while the heavy hitters soak up the spotlight, savvy community members know real gains are often found where others aren't looking. Right now, there's a serious buzz around quality projects trading under a dollar.
A crypto market maker admitted to years of fake trading, using custom software to inflate token prices and volumes in a massive scheme to mislead investors. Wash Trading Empire Crushed: DOJ Exposes Years-Long Crypto Volume Scam The U.S.
A crypto analyst says inaccurate narratives still circulate in the cryptocurrency market, mainly based on skewed information rather than onchain data to back it up.“Beware of misinformation.
Cryptocurrency wallet providers are getting more sophisticated, but so are bad actors — which means the battle between security and threats is at a deadlock, says a hardware wallet firm executive.“It will always be a cat and mouse game,” Ledger chief experience officer Ian Rogers told Cointelegraph when describing the constant race between crypto wallet firms adding new security features and hackers finding more advanced ways to access victims' wallets.
The Nigerian government has expressed its acceptance of the crypto industry despite ongoing legal battles with the Binance exchange. The West African nation has described the recent clashes with the world's largest exchange as efforts to strengthen its regulatory environment.
Mean Coin Age has also been trending south since February, showing network-wide distribution.
DOJ asks victims to claim $7 million recovered from a global crypto scam that used fake platforms, shell companies, and coercion to drain investor funds. Feds Recover $7M—Now DOJ Urges Victims to Claim Share of Recovered Funds The U.S.
Coinbase CEO backed Treasury's shift on crypto regulation, urging crime crackdowns that protect innovation, privacy, and free speech without punishing open-source technology. Coinbase to Treasury: Let's Crush Crypto Crime Without Killing Innovation Brian Armstrong, the CEO of crypto exchange Coinbase (Nasdaq: COIN), has endorsed the U.S.
Binance is planning on launching trading support for the new native asset of a decentralized network focused on secure data storage. Binance Launchpool, which lets users stake coins to farm new assets, says its 65th project will be Nillion (NIL), a secure computation network that decentralizes trust for high-value and private data.
The United States Securities and Exchange Commission (SEC) has hosted its first-ever roundtable discussion on the regulation of digital assets, marking a significant step into the cryptocurrency space.
Gold-backed stablecoins will outcompete US dollar-pegged alternatives worldwide due to gold's inflation-hedging properties and minimum volatility, according to Bitcoin (BTC) maximalist Max Keiser.Keiser argued that gold is more trusted than the US dollar globally, and said governments of foreign nations with an adversarial relationship to the United States would not accept dollar-pegged stablecoins. The BTC maximalist added: "Russia, China, and Iran are not going to accept a US dollar stablecoin.
The following is a guest post from Georgi Koreli, CEO & Co-Founder of Hinkal. For years, crypto wallets have been as clear as glass, showing every single transaction, balance, and interaction on an open ledger.
Even as airdrops are becoming one of the most widely used methods to facilitate token distribution, a report by Binance highlights major imperfections related to this method.
Coinbase Global, the largest cryptocurrency exchange in the United States, is reportedly in “advanced negotiations” to acquire Deribit, a derivatives startup based in the Netherlands. If finalized, this deal could become one of the largest acquisitions in the industry to date, with estimates valuing Deribit between $4 billion and $5 billion.
The U.S. Securities and Exchange Commission (SEC) is ready to reset its relationship with the crypto industry, according to Commissioner Hester Peirce. The SEC's new “Crypto Task Force” held its inaugural roundtable event on Friday, which brought together regulators, private-sector lawyers and digital asset firm executives.
The government intends to release draft legislation in 2025 for public consultation and promises to work with Australia's four largest banks to better understand the challenge of limiting access to banking services.
Kang faces 10 years for stabbing Haru Invest's CEO during a fraud trial, with prosecutors arguing the attack was premeditated and severe.
South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for allegedly offering their services to Korean customers without registration.
A finance professor has warned about the dangers of integrating cryptocurrency technology into the United States government systems. According to Hilary J.
Pakistan is developing special electricity tariffs to attract cryptocurrency mining operations as part of a strategy to use the country's surplus power generation capacity.
Stablecoins hit a record market capitalization of $230 billion recently. US House Committee has advanced a bill to regulate stablecoins with bipartisan support.
Square Enix has announced plans to wrap up its Web3 venture Symbiogenesis in July and discontinue its services. While the platform produced iconic role-playing games such as Final Fantasy and Dragon Quest, Symbiogenesis was predicted to be a hit blockbuster.
Sonic token has crashed into a bear market even as its decentralized finance ecosystem surges to a record high. Sonic (S) price was trading at 50 cents on Saturday, down by about 50% from its all-time high.
The third week of March 2025 brought a major crypto exchange expansion as Kraken completed its $1.5 billion acquisition of NinjaTrader. Meanwhile, MoonPay secured $200 million for its payment infrastructure.
A widely followed crypto trader says that one catalyst could cause a massive amount of new investors to flood into the digital assets market. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.
The following is a guest post from Chris Thomas, Head of Blockchain and Corporate Security at GRVT. While a chain is only as strong as its weakest link, in the world of cryptocurrency, that weak link is often security.
Once, long ago, cryptocurrency companies operated comfortably in the US. In that quaint, bygone era, they would often conduct funding events called “initial coin offerings,” and then use those raised funds to try to do things in the real and blockchain world.Now, they largely do this “offshore” through foreign entities while geofencing the United States.
The SEC's Crypto Task Force held a roundtable Friday to air out the issues with how the crypto world interacts with securities laws.
Both cryptocurrency and traditional markets will be pressured by global trade war concerns until at least the beginning of April, but the potential resolution may bring the next big market catalyst.Bitcoin's (BTC) price fell over 17% since US President Donald Trump first announced import tariffs on Chinese goods on Jan. 20, the first day after his presidential inauguration. Despite a multitude of positive crypto-specific developments, global tariff fears will continue pressuring the markets until at least April 2, according to Nicolai Sondergaard, research analyst at Nansen.
Cryptocurrency exchange Binance has released a new report detailing several inefficiencies around airdrops and possible lessons to apply moving forward.
The U.S. state of Montana is considering new digital asset regulations as crypto scams surge, targeting vulnerable residents with fraud schemes and driving a sharp rise in financial losses.
International Monetary Fund (IMF) included Bitcoin and other cryptocurrencies in its BPM7. IMF treats cryptocurrencies such as Bitcoin as non-produced non-financial assets.
A survey carried out on the 21st of March across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased by over 50% last year.
Crypto philanthropy occupies an ambiguous space—neither a definitive failure nor a complete success, but rather a lens on our priorities
The crypto market is entering one of its most exciting phases ever. With new advancements in blockchain, DeFi, and Web3, investors are scrambling to find the best crypto to watch before prices explode. But here's the thing—by the time the mainstream catches on, it's already too late.
Russia's position on cryptocurrencies has undergone a significant shift in recent years, moving from strict opposition to a more nuanced and strategic approach. Once advocating a total ban on digital assets, the Bank of Russia is now proposing a regulatory framework that would permit wealthy individuals to invest in cryptocurrencies.
The cryptocurrency industry may still be facing debanking-related issues in the United States, despite the recent wave of positive legislation, according to crypto regulatory experts and industry leaders.The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort to pressure banks into cutting ties with cryptocurrency firms.
The Australian Treasury is working with the digital asset industry to establish clear regulations, aiming to make Australia a global leader in the sector. Spurring Innovation vs.
While crypto airdrops are always expected to fuel fortunes and adoption, Binance's latest report exposes deep flaws. Reduced rewards, insider profit, and bot exploits are increasingly impacting community trust in airdrops.
Venture capital firm Haun Ventures is reportedly aiming to raise $1 billion across two new cryptocurrency investment funds within the next three months. The post Haun Ventures Targets $1 Billion Raise for New Crypto Investment Funds appeared first on Cryptonews.
A political action committee network backed by the crypto industry is throwing its weight behind two Republican candidates in Florida's upcoming special elections. The post Crypto Industry Super PAC Endorses Republican Candidates in Florida Special Elections appeared first on Cryptonews.