Federal law enforcements were able to recover $8.3 million investors lost in a crypto embezzlement case involving the CEO of a Kansas bank.
In the month of October 2024 alone, the crypto sector suffered more than 20 cyberattacks which resulted in an overall loss of about $129.7 million according to CertiK's monthly report. This sharp increase in exploit activity from simple bridge exploits to phishing fraud demonstrates that centralised and decentralised finance platforms remain weak and exposed.
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them.
Meme coins gained bullish momentum just hours before the U.S. presidential elections while the broader market is wandering in the bearish zone. According to data provided by CoinGecko, the total meme coin market cap increased by 4.
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away from regulated exchanges.
The third-generation token, Cardano, rose to fame before the second phase of the 2021 bull run after rising above $3, but it has failed to attract users' attention since then.
As the political landscape shifts in anticipation of the upcoming midterm elections in 2026, major players in the crypto industry are making significant financial commitments to support candidates who advocate for favorable regulatory changes.
Story Highlights The live price of the Status crypto is . The SNT price could reach a maximum of $0.0549 in 2024. Status price with a potential surge, may reach a high of $0.4189 by 2030. Bulls are dominating some of the altcoins in the crypto market, and it looks like the post-Bitcoin halving uptrend.
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms.
Binance introduces new USDⓈ-M perpetual contracts to its Futures Copy Trading platform, enhancing opportunities for novice traders to follow experienced portfolios.
PolitiFi tokens themed around Donald Trump and Kamala Harris were getting dumped ahead of the Tuesday presidential elections. What happened: Maga, the largest Trump-inspired coin, dropped 0.5% over the last 24 hours, while Maga Hat crashed over 16% in this period, according to CoinGecko.
Grayscale has proposed the first US multi-crypto ETF, featuring a basket of digital assets including Bitcoin, Ethereum, Solana, Avalanche, and XRP.
Japanese investment firm Metaplanet Inc. has joined the CoinShares Blockchain Global Equity Index (BLOCK Index). The post Metaplanet Joins CoinShares Blockchain Global Equity Index in First Global Listing appeared first on Cryptonews.
Meme coins surged above other assets after huge corrections in the last 24 hours. Unlike other coins with limited impacts for similar events, these assets are known for massive sentiment swings.
Trump administration would likely bring clearer and more relaxed regulations to the industry, as per a research report from HTX Ventures. The post Crypto Companies Could See More US Listings if Trump Wins: Report appeared first on Cryptonews.
a16z Crypto invests $23 million towards Fairshake PACs, supporting bipartisan crypto policy-making for the 2026 midterm elections, emphasizing the need for clear regulations.
Brian Armstrong, CEO of Coinbase, criticized the government's overreach and lack of transparency amid the ongoing tussle between the cryptocurrency industry and regulatory bodies. What Happened: On Monday, Armstrong raised concerns about the “political capture” of government agencies, which emboldens them to make decisions on matters beyond their jurisdiction.
Metaplanet is touting enhanced shareholder value through “disciplined Bitcoin accumulation” following its inclusion in the CoinShares Index.
The 2024 US elections have changed the dynamics of the crypto industry bringing it to the forefront of the global financial industry. In a first-of-its-kind development, crypto donations in this presidential election have exceeded $238 million, outpacing traditional industries like oil and pharma.
Attending Token 2049 in Singapore was an exhilarating experience that not only expanded my understanding of blockchain technology but also showcased the vibrant and evolving landscape of the cryptocurrency ecosystem. Here are the key takeaways from the event that emphasized the growing significance of crypto in our digital world.
Over the weekend, Binance and Coinbase were accused of asking for millionaire fees for token listing, igniting a discussion about listing requirements, exchange rivalry, and FUD (fear, uncertainty, and doubt). Several industry figures weighed in on the matter, including Justin Sun, Brian Armstrong, and Changpeng Zhao, who denied the claims on Monday.
BingX has announced its investment arm, BingX Labs, and has invested in a new AgentLayer project to build decentralized economies for autonomous AI agents. AgentLayer was launched in September on BingX's launchpool and is currently listed on the exchange for trading activities.
Glow, a solar company that uses blockchain technology, has raised $30 million in a recent funding round. This round was mainly led by Framework Ventures and Union Square Ventures.
Trump has taken a pro-crypto stance, positioning himself as a crypto candidate who supports digital currencies. His campaign includes ideas like creating a national Bitcoin reserve and replacing SEC Chair Gary Gensler, whose regulations have faced criticism from the crypto community.
How did hackers turn a superstar's fame into a crypto catastrophe?
This year has seen a major surge in inflows for crypto investment products, hitting an annual record of $29.2 billion, as revealed by a recent report from CoinShares. Weekly net inflows for the past week alone reached $2.18 billion, driven by various market factors and influenced significantly by the political climate in the United States.
The industry needed a friend after the Biden Administration. But getting into bed with Trump comes with plenty of risks, says Ben Schiller.
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly candidates in the 2026 U.S. midterm elections.
Binance founder Changpeng Zhao, or “CZ,” is back in the limelight after serving four months in jail. One of Zhao's first public appearances was at the Binance Blockchain Week conference, where he discussed his experience, future plans, and current relationship with the exchange he founded.
Key industry figures have claimed exorbitant fees. Recently, Justin Sun, founder of the Tron network, alleged that Coinbase demanded fees totaling $330 million to list Tron (TRX).
An analyst who accurately called the market collapse of 2022 says that a massive black swan event could crush altcoins ahead of the US election.
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms. 20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.
Here's a round-up of the crypto industry's most viral, headline-grabbing moments in the lead-up to Election Day on November 5.
Several leading South Korean banks and retail giants have joined the central bank's fast-expanding CBDC pilot. The post Major South Korean Banks, Retailers Join CBDC ‘Real-world' Pilots appeared first on Cryptonews.
The recent OpenSea teaser has unsurprisingly sparked a flurry of speculation.
A new report from Binance Research has raised red flags over the high risks in the memecoin market, revealing that 97% of these tokens have either failed or become inactive shortly after launch. The report also exposes widespread manipulation, where coordinated groups orchestrate pump-and-dump schemes that leave everyday investors bearing the brunt of losses.
Crypto Super PAC Fairshake's founder, Chris Dixon, said in a November 4 blog post that it had received $23 million from Andreessen Horowitz's web3 branch in a16z. CNBC shows that the crypto collective and its affiliates have garnered over $78 million. The post Andreessen Horowitz Donates $23 Million To Crypto Super PAC Fairshake appeared first on Cryptonews.
The move is part of MAS's broader vision to promote institutional digital asset adoption under the tokenization initiative "Project Guardian."
Explore decentralized applications (DApps), their differences from traditional apps, and their significance in the web3 revolution, highlighting their impact on user control and security.
Crypto bigwigs and Silicon Valley mastodons rallied Fairshake's coffers for the U.S. 2026 mid-term election cycle, even hours before America decides its next president.
The SEC has begun reviewing NYSE Arca's proposal to convert Grayscale's Digital Large Cap Fund into an exchange-traded fund (ETF), marking a significant step for multi-crypto asset products in the U.S. market. The post SEC Begins Review of NYSE Arca Proposal to Uplist Grayscale Digital Fund to ETP appeared first on Cryptonews.
Top Web3 companies including Kraken, Galaxy Digital, Robinhood and Paxos have jointly launched the Global Dollar Network. This is a major statement from these firms to drive the dominance of the US Dollar, through new stablecoin use cases across the board.
Former President Donald Trump's pivot from skeptic to cheerleader has left a big mark on the cryptocurrency industry.
A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.
Anchorage Digital, Bullish, Galaxy Digital, and more launch Global Dollar Network to enhance stablecoin usage globally, featuring the new stablecoin USDG.
OpenSea announced the launch of a new version, after a year teasing about launching its 2.0 marketplace.